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Side-by-side financial comparison of AdvanSix Inc. (ASIX) and MATERION Corp (MTRN). Click either name above to swap in a different company.

MATERION Corp is the larger business by last-quarter revenue ($549.8M vs $359.9M, roughly 1.5× AdvanSix Inc.). MATERION Corp runs the higher net margin — 3.5% vs -0.8%, a 4.3% gap on every dollar of revenue. On growth, MATERION Corp posted the faster year-over-year revenue change (30.8% vs 9.4%). Over the past eight quarters, MATERION Corp's revenue compounded faster (13.6% CAGR vs 3.4%).

AdvanSix Inc. is an American chemical company that produces nylon 6 and related chemicals such as caprolactam and ammonium sulfate fertilizers. It operated as Honeywell's Resins and Chemicals division until 2016, when it was spun off as a separate company. The unit accounted for 3 percent of Honeywell's sales at the time. For 2019, revenue is estimated at $1.4 billion. The company traces its lineage to the H. W. Jayne Company, established 1884 in Frankford, Pennsylvania.

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.

ASIX vs MTRN — Head-to-Head

Bigger by revenue
MTRN
MTRN
1.5× larger
MTRN
$549.8M
$359.9M
ASIX
Growing faster (revenue YoY)
MTRN
MTRN
+21.4% gap
MTRN
30.8%
9.4%
ASIX
Higher net margin
MTRN
MTRN
4.3% more per $
MTRN
3.5%
-0.8%
ASIX
Faster 2-yr revenue CAGR
MTRN
MTRN
Annualised
MTRN
13.6%
3.4%
ASIX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ASIX
ASIX
MTRN
MTRN
Revenue
$359.9M
$549.8M
Net Profit
$-2.8M
$19.4M
Gross Margin
7.6%
14.9%
Operating Margin
-0.7%
5.1%
Net Margin
-0.8%
3.5%
Revenue YoY
9.4%
30.8%
Net Profit YoY
-892.9%
9.5%
EPS (diluted)
$-0.11

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.

Revenue
ASIX
ASIX
MTRN
MTRN
Q1 26
$549.8M
Q4 25
$359.9M
$489.8M
Q3 25
$374.5M
$444.8M
Q2 25
$410.0M
$431.7M
Q1 25
$377.8M
$420.3M
Q4 24
$329.1M
$436.9M
Q3 24
$398.2M
$436.7M
Q2 24
$453.5M
$425.9M
Net Profit
ASIX
ASIX
MTRN
MTRN
Q1 26
$19.4M
Q4 25
$-2.8M
$6.6M
Q3 25
$-2.6M
$25.4M
Q2 25
$31.4M
$25.1M
Q1 25
$23.3M
$17.7M
Q4 24
$352.0K
$-48.9M
Q3 24
$22.3M
$22.3M
Q2 24
$38.9M
$19.0M
Gross Margin
ASIX
ASIX
MTRN
MTRN
Q1 26
14.9%
Q4 25
7.6%
13.0%
Q3 25
6.8%
19.4%
Q2 25
14.3%
19.1%
Q1 25
14.2%
18.1%
Q4 24
3.4%
21.3%
Q3 24
14.4%
18.5%
Q2 24
17.9%
19.0%
Operating Margin
ASIX
ASIX
MTRN
MTRN
Q1 26
5.1%
Q4 25
-0.7%
2.2%
Q3 25
-0.9%
7.9%
Q2 25
7.7%
8.5%
Q1 25
7.7%
6.5%
Q4 24
-3.9%
-8.8%
Q3 24
7.5%
7.2%
Q2 24
11.5%
7.5%
Net Margin
ASIX
ASIX
MTRN
MTRN
Q1 26
3.5%
Q4 25
-0.8%
1.3%
Q3 25
-0.7%
5.7%
Q2 25
7.7%
5.8%
Q1 25
6.2%
4.2%
Q4 24
0.1%
-11.2%
Q3 24
5.6%
5.1%
Q2 24
8.6%
4.5%
EPS (diluted)
ASIX
ASIX
MTRN
MTRN
Q1 26
Q4 25
$-0.11
$0.30
Q3 25
$-0.10
$1.22
Q2 25
$1.15
$1.21
Q1 25
$0.86
$0.85
Q4 24
$0.02
$-2.34
Q3 24
$0.82
$1.07
Q2 24
$1.43
$0.91

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASIX
ASIX
MTRN
MTRN
Cash + ST InvestmentsLiquidity on hand
$19.8M
$16.2M
Total DebtLower is stronger
$489.9M
Stockholders' EquityBook value
$815.2M
$957.0M
Total Assets
$1.7B
$1.9B
Debt / EquityLower = less leverage
0.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASIX
ASIX
MTRN
MTRN
Q1 26
$16.2M
Q4 25
$19.8M
$13.7M
Q3 25
$23.7M
$16.4M
Q2 25
$18.4M
$12.6M
Q1 25
$8.3M
$15.6M
Q4 24
$19.6M
$16.7M
Q3 24
$17.3M
$17.9M
Q2 24
$12.1M
$17.1M
Total Debt
ASIX
ASIX
MTRN
MTRN
Q1 26
$489.9M
Q4 25
$460.6M
Q3 25
$458.9M
Q2 25
$427.6M
Q1 25
$453.0M
Q4 24
$443.9M
Q3 24
Q2 24
Stockholders' Equity
ASIX
ASIX
MTRN
MTRN
Q1 26
$957.0M
Q4 25
$815.2M
$943.3M
Q3 25
$818.2M
$934.6M
Q2 25
$823.7M
$910.6M
Q1 25
$794.4M
$887.9M
Q4 24
$774.6M
$868.9M
Q3 24
$766.4M
$931.9M
Q2 24
$746.6M
$907.1M
Total Assets
ASIX
ASIX
MTRN
MTRN
Q1 26
$1.9B
Q4 25
$1.7B
$1.8B
Q3 25
$1.7B
$1.8B
Q2 25
$1.6B
$1.7B
Q1 25
$1.6B
$1.8B
Q4 24
$1.6B
$1.7B
Q3 24
$1.5B
$1.9B
Q2 24
$1.5B
$1.8B
Debt / Equity
ASIX
ASIX
MTRN
MTRN
Q1 26
0.51×
Q4 25
0.49×
Q3 25
0.49×
Q2 25
0.47×
Q1 25
0.51×
Q4 24
0.51×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASIX
ASIX
MTRN
MTRN
Operating Cash FlowLast quarter
$63.7M
Free Cash FlowOCF − Capex
$36.1M
FCF MarginFCF / Revenue
10.0%
Capex IntensityCapex / Revenue
7.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$6.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASIX
ASIX
MTRN
MTRN
Q1 26
Q4 25
$63.7M
$19.5M
Q3 25
$26.6M
$18.3M
Q2 25
$21.1M
$49.9M
Q1 25
$11.4M
$15.5M
Q4 24
$64.2M
$76.3M
Q3 24
$57.3M
$5.1M
Q2 24
$50.2M
$20.3M
Free Cash Flow
ASIX
ASIX
MTRN
MTRN
Q1 26
Q4 25
$36.1M
Q3 25
$66.0K
Q2 25
$-7.2M
Q1 25
$-22.6M
$3.2M
Q4 24
$29.8M
Q3 24
$26.8M
$-24.3M
Q2 24
$16.7M
FCF Margin
ASIX
ASIX
MTRN
MTRN
Q1 26
Q4 25
10.0%
Q3 25
0.0%
Q2 25
-1.7%
Q1 25
-6.0%
0.8%
Q4 24
9.1%
Q3 24
6.7%
-5.6%
Q2 24
3.7%
Capex Intensity
ASIX
ASIX
MTRN
MTRN
Q1 26
Q4 25
7.7%
Q3 25
7.1%
Q2 25
6.9%
Q1 25
9.0%
2.9%
Q4 24
10.4%
Q3 24
7.7%
6.7%
Q2 24
7.4%
Cash Conversion
ASIX
ASIX
MTRN
MTRN
Q1 26
Q4 25
2.97×
Q3 25
0.72×
Q2 25
0.67×
1.99×
Q1 25
0.49×
0.88×
Q4 24
182.29×
Q3 24
2.57×
0.23×
Q2 24
1.29×
1.07×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASIX
ASIX

Plant Nutrients$140.0M39%
Chemical Intermediates$92.8M26%
Caprolactam$64.4M18%
Nylon Resins$62.8M17%

MTRN
MTRN

Segment breakdown not available.

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