MaterionMTRN +1.21%73 Pretax Margin % is 3.80% as of Mar. 2026, which is 2% below its 10-year median of 3.88. GuruFocus rates MTRN with a GF Score™ of 73/100 and a GF Value™ of $133.88 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 841 Metals & Mining companies, Materion ranks worse than 52.44% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Materion's Pre-Tax Income for the
three
months ended in Mar. 2026 was $21 Mil. Materion's Revenue for the
three
months ended in Mar. 2026 was $550 Mil. Therefore, Materion's pretax margin for the quarter that ended in Mar. 2026 was 3.80%.
The historical rank and industry rank for Materion's Pretax Margin % or its related term are showing as below:
MTRN'
s Pretax Margin % Range Over the Past 10 Years
Min: 0.7 Med: 3.88 Max: 6.48
Current: 4.25
MTRN's Pretax Margin % is ranked worse than 52.44% of 841
companies
in the Metals & Mining industry
Industry Median: 4.85
vs MTRN: 4.25
Materion (NYSE:MTRN) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Materion Pretax Margin % Related Terms
Materion Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Materion's Pretax Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MTRN vs USAR, EMAT, MP: Pretax Margin % Comparison
For the Other Industrial Metals & Mining subindustry, Materion's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Materion Pretax Margin % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Materion's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Materion's Pretax Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Materion (MTRN) has a Pretax Margin % of 3.80% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Materion and its competitors. This is near median its historical median of 3.88. Over the past decade, Materion's Pretax Margin % has ranged from 0.70 to 6.48. According to the industry distribution chart, Materion ranks #441 out of 841 companies in the Metals & Mining industry, placing it in the top 52.4%.
Is Materion's Pretax Margin % too high?
Materion's current Pretax Margin % of 3.80% is near median its 10-year median of 3.88. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 6.48. The Metals & Mining industry median Pretax Margin % is 4.85. Materion's value of 3.80% is 21.6% below this industry median. Based on the distribution chart, Materion ranks #441 out of 841 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Materion has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Materion's Pretax Margin % compare to USAR and EMAT?
According to the Metals & Mining industry distribution chart, Materion ranks #441 out of 841 companies for Pretax Margin %. This places Materion in the lower half of its industry. The industry median Pretax Margin % is 4.85. Materion's value of 3.80% is 21.6% below this benchmark. Historically, Materion's own Pretax Margin % has ranged from 0.70 to 6.48 over the past decade. While the company's 10-year median is 3.88 vs. the industry median of 4.85, Materion has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Metals & Mining company?
The median Pretax Margin % among Metals & Mining companies is 4.85, based on 841 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Materion's current Pretax Margin % of 3.80% is 21.6% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Materion and its competitors. For the Metals & Mining industry, the median Pretax Margin % is 4.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Materion's current Pretax Margin % is 3.80%, which is near median its own 10-year median of 3.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Materion stock overvalued right now?
Based on GuruFocus' analysis, Materion (MTRN) is currently considered Significantly Overvalued. The stock's GF Value™ is $133.88, compared to a current price of $293.03 — trading 118.9% above its estimated fair value. The current Pretax Margin % is 3.80%, which is near median its 10-year median of 3.88 and 21.6% below the Metals & Mining industry median of 4.85. Materion's overall GF Score™ is 73/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Materion (MTRN), the current Pretax Margin % is 3.80% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Materion (MTRN) Overvalued in 2026?
Based on GuruFocus' analysis, Materion stock appears to be overvalued.
The current stock price of $293.03 is trading 118.9% above its estimated GF Value™ of $133.88.
GuruFocus considers Materion to be Significantly Overvalued.
Key valuation signals for MTRN:
Pretax Margin %: 3.80% (near median its 10-year median of 3.88)
GF Value™: $133.88 vs. price of $293.03 (118.9% above fair value)
Industry Position: 21.6% below the Metals & Mining median (#441 of 841)
No single metric tells the full story. See the MTRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Materion Corp offers products that include precious and non-precious specialty metals, inorganic chemicals and powders, specialty coatings, specialty engineered beryllium and copper-based alloys, beryllium composites, ceramics, and engineered clad and plated metal systems. Its segments are: Performance Materials provides beryllium and non-beryllium containing alloy systems and custom engineered parts. Electronic Materials produces chemicals, microelectronics packaging, and specialty metal products, including vapor deposition targets and preforms. Precision Optics produces thin film coatings and optical filter materials. The Other reportable segment includes unallocated corporate costs and assets. It operates in the United States, Asia, Europe, and other countries.
73GF Score
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