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)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments125714231241323
Cash and cash equivalents125714231241323
Receivables15513112410197113113
Inventory, net of allowances, customer advances and progress billings190215220201212232213
Inventory190215220201212232213
Other undisclosed current assets22232512132846
Total current assets:492439411345346387395
Noncurrent Assets
Operating lease, right-of-use asset23
Property, plant and equipment232251256253264248262
Intangible assets, net (including goodwill)859710198100105113
Goodwill79919187878789
Intangible assets, net (excluding goodwill)661011141924
Other noncurrent assets18776754
Other undisclosed noncurrent assets26173926185
Total noncurrent assets:361361380396397375383
TOTAL ASSETS:853800791741743762778
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities11813312189849965
Accounts payable43504933323637
Accrued liabilities32332620212225
Employee-related liabilities414843302735 
Taxes payable1346443
Deferred revenue3
Debt12119136
Accrued environmental loss contingencies 1     
Deferred revenue and credits51450
Other undisclosed current liabilities 4   (1)28
Total current liabilities:1221401279096104129
Noncurrent Liabilities
Long-term debt and lease obligation37173452429
Long-term debt, excluding current maturities123452429
Finance lease, liability17
Capital lease obligations15     
Operating lease, liability18
Liabilities, other than long-term debt8062166153118129104
Deferred revenue and credits3741   
Pension and other postretirement defined benefit plans, liabilities80
Accounts payable and accrued liabilities335212 
Accrued income taxes2
Deferred revenue33
Deferred tax liabilities, net000011
Liability, pension and other postretirement and postemployment benefits3239939293104
Accrued environmental loss contingencies 5  544
Other liabilities12153118181817
Total noncurrent liabilities:11779169157122153133
Total liabilities:240219296247219257263
Stockholders' equity
Stockholders' equity attributable to parent, including:611554495494483458463
Common stock250235223213209202198
Treasury stock, value(187)(175)(166)(154)(149)(141)(118)
Accumulated other comprehensive loss(45)(58)(103)(86)(81)(82)(60)
Retained earnings590548536518500476442
Other additional capital3444   
Other undisclosed stockholders' equity attributable to parent    432
Total stockholders' equity:611554495494483458463
Other undisclosed liabilities and equity227  414752
TOTAL LIABILITIES AND EQUITY:853800791741743762778

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

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Revenues1,1851,2081,1399691,0251,1906
Revenue, net1,1399691,0251,1901,230
Cost of revenue
(Cost of Goods and Services Sold)
(926)(957)(928)(786)(834)(921)(979)
Other undisclosed gross profit     (64)1,161
Gross profit:259251211183191206188
Operating expenses(166)(174)(160)(142)(143)(145)(154)
Other operating expense, net(12)(15)(13)(14)(3)(1)(1)
Other undisclosed operating loss(14)    (2)(6)
Operating income:67613927455727
Nonoperating income (expense)(3)(43)   22
Foreign currency transaction gain, before tax     22
Other nonoperating expense(3)(43)     
Interest and debt expense(2)(1)(1)(1)(1)(1) 
Income from continuing operations before equity method investments, income taxes:62183826455828
Other undisclosed income (loss) from continuing operations before income taxes0(1)(1)(1)(2)(4)(5)
Income from continuing operations before income taxes:62163625435424
Income tax expense (benefit)(11)5(25)0(11)(12)(4)
Net income available to common stockholders, diluted:51211126324220

Comprehensive Income ($ in millions)

12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
12/31/2014
12/31/2013
Net income:51211126324220
Other comprehensive income (loss)1345(17)(5)2(22)29
Comprehensive income (loss), net of tax, attributable to parent:6366(5)20341948

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: