Materion Corporation (MTRN) financial statements (2021 and earlier)

Company profile

Business Address 6070 PARKLAND BLVD.
MAYFIELD HTS., OH 44124
State of Incorp. OH
Fiscal Year End December 31
SIC 346 - Metal Forgings And Stampings (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments261257142312413
Cash and cash equivalents261257142312413
Receivables16615513112410197113
Inventory, net of allowances, customer advances and progress billings251190215220201212232
Inventory251190215220201212232
Other undisclosed current assets21222325121328
Total current assets:464492439411345346387
Noncurrent Assets
Operating lease, right-of-use asset6223
Property, plant and equipment310232251256253264248
Intangible assets, net (including goodwill)200859710198100105
Goodwill145799191878787
Intangible assets, net (excluding goodwill)556610111419
Deferred income tax assets3 
Other noncurrent assets191877675
Other undisclosed noncurrent assets 2617392618
Total noncurrent assets:594361361380396397375
TOTAL ASSETS:1,058853800791741743762
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities117118133121898499
Accounts payable56435049333236
Accrued liabilities41323326202122
Employee-related liabilities19414843302735
Taxes payable2134644
Deferred revenue83
Debt2121191
Accrued environmental loss contingencies  1    
Deferred revenue and credits5145
Other undisclosed current liabilities  4   (1)
Total current liabilities:1271221401279096104
Noncurrent Liabilities
Long-term debt and lease obligation114371734524
Long-term debt, excluding current maturities371234524
Finance lease, liability2117
Capital lease obligations15    
Operating lease, liability5718
Liabilities, other than long-term debt1628062166153118129
Deferred revenue and credits3741  
Accounts payable and accrued liabilities3335212
Deferred revenue8733
Deferred tax liabilities, net00001
Deferred income tax liabilities16 
Liability, pension and other postretirement and postemployment benefits423239939293104
Accrued environmental loss contingencies  5  54
Other liabilities14121531181818
Total noncurrent liabilities:27511779169157122153
Total liabilities:402240219296247219257
Stockholders' equity
Stockholders' equity attributable to parent, including:656611554495494483458
Common stock259250235223213209202
Treasury stock, value(199)(187)(175)(166)(154)(149)(141)
Accumulated other comprehensive loss(39)(45)(58)(103)(86)(81)(82)
Retained earnings631590548536518500476
Other additional capital43444  
Other undisclosed stockholders' equity attributable to parent     43
Total stockholders' equity:656611554495494483458
Other undisclosed liabilities and equity 227  4147
TOTAL LIABILITIES AND EQUITY:1,058853800791741743762

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Revenues1,1761,1851,2081,1399691,0251,190
Revenue, net1,1399691,0251,190
Cost of revenue
(Cost of Goods and Services Sold)
(984)(926)(957)(928)(786)(834)(921)
Other undisclosed gross profit      (64)
Gross profit:193259251211183191206
Operating expenses(165)(166)(174)(160)(142)(143)(145)
Other operating expense, net(8)(12)(15)(13)(14)(3)(1)
Other undisclosed operating loss (14)    (2)
Operating income:19676139274557
Nonoperating income (expense)4(3)(43)   2
Foreign currency transaction gain, before tax      2
Other nonoperating income (expense)4(3)(43)    
Interest and debt expense(1)(2)(1)(1)(1)(1)(1)
Income from continuing operations before equity method investments, income taxes:22621838264558
Other undisclosed income (loss) from continuing operations before income taxes(14)0(1)(1)(1)(2)(4)
Income from continuing operations before income taxes:8621636254354
Income tax expense (benefit)7(11)5(25)0(11)(12)
Net income available to common stockholders, diluted:15512111263242

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
Net income:15512111263242
Other comprehensive income (loss)71345(17)(5)2(22)
Comprehensive income (loss), net of tax, attributable to parent:226366(5)203419

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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