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Side-by-side financial comparison of Ametek (AME) and MATERION Corp (MTRN). Click either name above to swap in a different company.
Ametek is the larger business by last-quarter revenue ($2.0B vs $489.8M, roughly 4.1× MATERION Corp). Ametek runs the higher net margin — 19.9% vs 1.3%, a 18.6% gap on every dollar of revenue. On growth, Ametek posted the faster year-over-year revenue change (13.4% vs 12.1%). Over the past eight quarters, MATERION Corp's revenue compounded faster (12.7% CAGR vs 7.3%).
AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 150 sites worldwide.
Materion Corp. is a multinational company specializing in high-performance advanced materials. Among its products are advanced beryllium metals, thin film deposition materials, high-performance alloys and composites, specialty engineered beryllium, engineered metals, technical ceramics, tantalum, niobium, other precious and non-precious metals, inorganic chemicals, and specialty coatings.
AME vs MTRN — Head-to-Head
Income Statement — Q4 2025 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $2.0B | $489.8M |
| Net Profit | $398.6M | $6.6M |
| Gross Margin | 36.0% | 13.0% |
| Operating Margin | 25.3% | 2.2% |
| Net Margin | 19.9% | 1.3% |
| Revenue YoY | 13.4% | 12.1% |
| Net Profit YoY | 2.9% | 113.5% |
| EPS (diluted) | $1.73 | $0.30 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.0B | $489.8M | ||
| Q3 25 | $1.9B | $444.8M | ||
| Q2 25 | $1.8B | $431.7M | ||
| Q1 25 | $1.7B | $420.3M | ||
| Q4 24 | $1.8B | $436.9M | ||
| Q3 24 | $1.7B | $436.7M | ||
| Q2 24 | $1.7B | $425.9M | ||
| Q1 24 | $1.7B | $385.3M |
| Q4 25 | $398.6M | $6.6M | ||
| Q3 25 | $371.4M | $25.4M | ||
| Q2 25 | $358.4M | $25.1M | ||
| Q1 25 | $351.8M | $17.7M | ||
| Q4 24 | $387.3M | $-48.9M | ||
| Q3 24 | $340.2M | $22.3M | ||
| Q2 24 | $337.7M | $19.0M | ||
| Q1 24 | $310.9M | $13.4M |
| Q4 25 | 36.0% | 13.0% | ||
| Q3 25 | 36.3% | 19.4% | ||
| Q2 25 | 35.8% | 19.1% | ||
| Q1 25 | 36.1% | 18.1% | ||
| Q4 24 | 36.6% | 21.3% | ||
| Q3 24 | 36.0% | 18.5% | ||
| Q2 24 | 36.0% | 19.0% | ||
| Q1 24 | 34.1% | 18.5% |
| Q4 25 | 25.3% | 2.2% | ||
| Q3 25 | 25.8% | 7.9% | ||
| Q2 25 | 26.0% | 8.5% | ||
| Q1 25 | 26.3% | 6.5% | ||
| Q4 24 | 26.6% | -8.8% | ||
| Q3 24 | 26.1% | 7.2% | ||
| Q2 24 | 25.8% | 7.5% | ||
| Q1 24 | 24.0% | 5.8% |
| Q4 25 | 19.9% | 1.3% | ||
| Q3 25 | 19.6% | 5.7% | ||
| Q2 25 | 20.2% | 5.8% | ||
| Q1 25 | 20.3% | 4.2% | ||
| Q4 24 | 22.0% | -11.2% | ||
| Q3 24 | 19.9% | 5.1% | ||
| Q2 24 | 19.5% | 4.5% | ||
| Q1 24 | 17.9% | 3.5% |
| Q4 25 | $1.73 | $0.30 | ||
| Q3 25 | $1.60 | $1.22 | ||
| Q2 25 | $1.55 | $1.21 | ||
| Q1 25 | $1.52 | $0.85 | ||
| Q4 24 | $1.67 | $-2.34 | ||
| Q3 24 | $1.47 | $1.07 | ||
| Q2 24 | $1.45 | $0.91 | ||
| Q1 24 | $1.34 | $0.64 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $458.0M | $13.7M |
| Total DebtLower is stronger | $2.3B | $460.6M |
| Stockholders' EquityBook value | $10.6B | $943.3M |
| Total Assets | $16.1B | $1.8B |
| Debt / EquityLower = less leverage | 0.21× | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $458.0M | $13.7M | ||
| Q3 25 | $439.2M | $16.4M | ||
| Q2 25 | $619.7M | $12.6M | ||
| Q1 25 | $399.0M | $15.6M | ||
| Q4 24 | $374.0M | $16.7M | ||
| Q3 24 | $396.3M | $17.9M | ||
| Q2 24 | $396.6M | $17.1M | ||
| Q1 24 | $373.8M | $13.1M |
| Q4 25 | $2.3B | $460.6M | ||
| Q3 25 | — | $458.9M | ||
| Q2 25 | — | $427.6M | ||
| Q1 25 | — | $453.0M | ||
| Q4 24 | $2.1B | $443.9M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | $477.9M |
| Q4 25 | $10.6B | $943.3M | ||
| Q3 25 | $10.5B | $934.6M | ||
| Q2 25 | $10.4B | $910.6M | ||
| Q1 25 | $10.0B | $887.9M | ||
| Q4 24 | $9.7B | $868.9M | ||
| Q3 24 | $9.6B | $931.9M | ||
| Q2 24 | $9.3B | $907.1M | ||
| Q1 24 | $9.0B | $889.9M |
| Q4 25 | $16.1B | $1.8B | ||
| Q3 25 | $16.2B | $1.8B | ||
| Q2 25 | $15.3B | $1.7B | ||
| Q1 25 | $14.9B | $1.8B | ||
| Q4 24 | $14.6B | $1.7B | ||
| Q3 24 | $14.8B | $1.9B | ||
| Q2 24 | $14.8B | $1.8B | ||
| Q1 24 | $14.9B | $1.8B |
| Q4 25 | 0.21× | 0.49× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.47× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | 0.22× | 0.51× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 0.54× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $584.3M | $19.5M |
| Free Cash FlowOCF − Capex | $527.3M | — |
| FCF MarginFCF / Revenue | 26.4% | — |
| Capex IntensityCapex / Revenue | 2.9% | — |
| Cash ConversionOCF / Net Profit | 1.47× | 2.97× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $584.3M | $19.5M | ||
| Q3 25 | $440.9M | $18.3M | ||
| Q2 25 | $359.1M | $49.9M | ||
| Q1 25 | $417.5M | $15.5M | ||
| Q4 24 | $550.0M | $76.3M | ||
| Q3 24 | $487.2M | $5.1M | ||
| Q2 24 | $381.4M | $20.3M | ||
| Q1 24 | $410.2M | $-13.8M |
| Q4 25 | $527.3M | — | ||
| Q3 25 | $420.0M | — | ||
| Q2 25 | $329.8M | — | ||
| Q1 25 | $394.5M | $3.2M | ||
| Q4 24 | $498.3M | — | ||
| Q3 24 | $460.9M | $-24.3M | ||
| Q2 24 | $360.0M | — | ||
| Q1 24 | $382.6M | $-35.1M |
| Q4 25 | 26.4% | — | ||
| Q3 25 | 22.2% | — | ||
| Q2 25 | 18.5% | — | ||
| Q1 25 | 22.8% | 0.8% | ||
| Q4 24 | 28.3% | — | ||
| Q3 24 | 27.0% | -5.6% | ||
| Q2 24 | 20.8% | — | ||
| Q1 24 | 22.0% | -9.1% |
| Q4 25 | 2.9% | — | ||
| Q3 25 | 1.1% | — | ||
| Q2 25 | 1.6% | — | ||
| Q1 25 | 1.3% | 2.9% | ||
| Q4 24 | 2.9% | — | ||
| Q3 24 | 1.5% | 6.7% | ||
| Q2 24 | 1.2% | — | ||
| Q1 24 | 1.6% | 5.5% |
| Q4 25 | 1.47× | 2.97× | ||
| Q3 25 | 1.19× | 0.72× | ||
| Q2 25 | 1.00× | 1.99× | ||
| Q1 25 | 1.19× | 0.88× | ||
| Q4 24 | 1.42× | — | ||
| Q3 24 | 1.43× | 0.23× | ||
| Q2 24 | 1.13× | 1.07× | ||
| Q1 24 | 1.32× | -1.03× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AME
| Transferred At Point In Time | $1.1B | 54% |
| Electronic Instruments Group | $620.1M | 31% |
| Transferred Over Time | $294.6M | 15% |
MTRN
| Electronic Materials | $313.9M | 64% |
| Aerospaceand Defense | $48.4M | 10% |
| Industrial Components | $34.3M | 7% |
| Precision Optics | $27.5M | 6% |
| Other End Market | $22.3M | 5% |
| Energy | $18.8M | 4% |
| Automotive Electronics | $18.5M | 4% |
| Semiconductor | $3.6M | 1% |
| Consumer Electronics | $362.0K | 0% |