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Side-by-side financial comparison of MATERION Corp (MTRN) and PennyMac Financial Services, Inc. (PFSI). Click either name above to swap in a different company.

MATERION Corp is the larger business by last-quarter revenue ($549.8M vs $538.0M, roughly 1.0× PennyMac Financial Services, Inc.). PennyMac Financial Services, Inc. runs the higher net margin — 1752.5% vs 3.5%, a 1749.0% gap on every dollar of revenue. On growth, MATERION Corp posted the faster year-over-year revenue change (30.8% vs 14.4%). Over the past eight quarters, PennyMac Financial Services, Inc.'s revenue compounded faster (32.7% CAGR vs 13.6%).

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.

PennyMac Financial Services, Inc. is an American residential mortgage company headquartered in Westlake Village, California. The company's business focuses on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. Pennymac operates through two subsidiaries: PennyMac Loan Services, LLC and PNMAC Capital Management, LLC. The latter manages the PennyMac Mortgage Investment Trust, a mortgage REIT.

MTRN vs PFSI — Head-to-Head

Bigger by revenue
MTRN
MTRN
1.0× larger
MTRN
$549.8M
$538.0M
PFSI
Growing faster (revenue YoY)
MTRN
MTRN
+16.4% gap
MTRN
30.8%
14.4%
PFSI
Higher net margin
PFSI
PFSI
1749.0% more per $
PFSI
1752.5%
3.5%
MTRN
Faster 2-yr revenue CAGR
PFSI
PFSI
Annualised
PFSI
32.7%
13.6%
MTRN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MTRN
MTRN
PFSI
PFSI
Revenue
$549.8M
$538.0M
Net Profit
$19.4M
$106.8M
Gross Margin
14.9%
Operating Margin
5.1%
25.0%
Net Margin
3.5%
1752.5%
Revenue YoY
30.8%
14.4%
Net Profit YoY
9.5%
2.2%
EPS (diluted)
$1.97

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
MTRN
MTRN
PFSI
PFSI
Q1 26
$549.8M
Q4 25
$489.8M
$538.0M
Q3 25
$444.8M
$632.9M
Q2 25
$431.7M
$444.7M
Q1 25
$420.3M
$430.9M
Q4 24
$436.9M
$470.1M
Q3 24
$436.7M
$411.8M
Q2 24
$425.9M
$406.1M
Net Profit
MTRN
MTRN
PFSI
PFSI
Q1 26
$19.4M
Q4 25
$6.6M
$106.8M
Q3 25
$25.4M
$181.5M
Q2 25
$25.1M
$136.5M
Q1 25
$17.7M
$76.3M
Q4 24
$-48.9M
$104.5M
Q3 24
$22.3M
$69.4M
Q2 24
$19.0M
$98.3M
Gross Margin
MTRN
MTRN
PFSI
PFSI
Q1 26
14.9%
Q4 25
13.0%
Q3 25
19.4%
Q2 25
19.1%
Q1 25
18.1%
Q4 24
21.3%
Q3 24
18.5%
Q2 24
19.0%
Operating Margin
MTRN
MTRN
PFSI
PFSI
Q1 26
5.1%
Q4 25
2.2%
25.0%
Q3 25
7.9%
37.3%
Q2 25
8.5%
17.2%
Q1 25
6.5%
24.2%
Q4 24
-8.8%
27.5%
Q3 24
7.2%
22.8%
Q2 24
7.5%
33.0%
Net Margin
MTRN
MTRN
PFSI
PFSI
Q1 26
3.5%
Q4 25
1.3%
1752.5%
Q3 25
5.7%
28.7%
Q2 25
5.8%
30.7%
Q1 25
4.2%
17.7%
Q4 24
-11.2%
2559.8%
Q3 24
5.1%
16.8%
Q2 24
4.5%
24.2%
EPS (diluted)
MTRN
MTRN
PFSI
PFSI
Q1 26
Q4 25
$0.30
$1.97
Q3 25
$1.22
$3.37
Q2 25
$1.21
$2.54
Q1 25
$0.85
$1.42
Q4 24
$-2.34
$1.95
Q3 24
$1.07
$1.30
Q2 24
$0.91
$1.85

Balance Sheet & Financial Strength

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

Metric
MTRN
MTRN
PFSI
PFSI
Cash + ST InvestmentsLiquidity on hand
$16.2M
$410.0M
Total DebtLower is stronger
$489.9M
$6.2B
Stockholders' EquityBook value
$957.0M
$4.3B
Total Assets
$1.9B
$29.4B
Debt / EquityLower = less leverage
0.51×
1.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTRN
MTRN
PFSI
PFSI
Q1 26
$16.2M
Q4 25
$13.7M
$410.0M
Q3 25
$16.4M
$62.2M
Q2 25
$12.6M
$462.3M
Q1 25
$15.6M
$443.4M
Q4 24
$16.7M
$420.6M
Q3 24
$17.9M
$667.9M
Q2 24
$17.1M
$188.8M
Total Debt
MTRN
MTRN
PFSI
PFSI
Q1 26
$489.9M
Q4 25
$460.6M
$6.2B
Q3 25
$458.9M
$6.2B
Q2 25
$427.6M
$5.6B
Q1 25
$453.0M
$5.8B
Q4 24
$443.9M
$5.3B
Q3 24
$4.9B
Q2 24
$4.9B
Stockholders' Equity
MTRN
MTRN
PFSI
PFSI
Q1 26
$957.0M
Q4 25
$943.3M
$4.3B
Q3 25
$934.6M
$4.2B
Q2 25
$910.6M
$4.0B
Q1 25
$887.9M
$3.9B
Q4 24
$868.9M
$3.8B
Q3 24
$931.9M
$3.7B
Q2 24
$907.1M
$3.7B
Total Assets
MTRN
MTRN
PFSI
PFSI
Q1 26
$1.9B
Q4 25
$1.8B
$29.4B
Q3 25
$1.8B
$25.4B
Q2 25
$1.7B
$24.2B
Q1 25
$1.8B
$23.9B
Q4 24
$1.7B
$26.1B
Q3 24
$1.9B
$22.9B
Q2 24
$1.8B
$21.6B
Debt / Equity
MTRN
MTRN
PFSI
PFSI
Q1 26
0.51×
Q4 25
0.49×
1.45×
Q3 25
0.49×
1.48×
Q2 25
0.47×
1.38×
Q1 25
0.51×
1.48×
Q4 24
0.51×
1.37×
Q3 24
1.32×
Q2 24
1.35×

Cash Flow & Capital Efficiency

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

Metric
MTRN
MTRN
PFSI
PFSI
Operating Cash FlowLast quarter
$-1.7B
Free Cash FlowOCF − Capex
$-1.7B
FCF MarginFCF / Revenue
-309.3%
Capex IntensityCapex / Revenue
2.2%
Cash ConversionOCF / Net Profit
-15.46×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTRN
MTRN
PFSI
PFSI
Q1 26
Q4 25
$19.5M
$-1.7B
Q3 25
$18.3M
$-697.4M
Q2 25
$49.9M
$-131.3M
Q1 25
$15.5M
$1.1B
Q4 24
$76.3M
$-4.5B
Q3 24
$5.1M
$-393.7M
Q2 24
$20.3M
$-1.1B
Free Cash Flow
MTRN
MTRN
PFSI
PFSI
Q1 26
Q4 25
$-1.7B
Q3 25
$-699.4M
Q2 25
$-132.6M
Q1 25
$3.2M
$1.1B
Q4 24
$-4.5B
Q3 24
$-24.3M
$-393.9M
Q2 24
$-1.1B
FCF Margin
MTRN
MTRN
PFSI
PFSI
Q1 26
Q4 25
-309.3%
Q3 25
-110.5%
Q2 25
-29.8%
Q1 25
0.8%
247.3%
Q4 24
-964.7%
Q3 24
-5.6%
-95.6%
Q2 24
-269.2%
Capex Intensity
MTRN
MTRN
PFSI
PFSI
Q1 26
Q4 25
2.2%
Q3 25
0.3%
Q2 25
0.3%
Q1 25
2.9%
0.1%
Q4 24
0.4%
Q3 24
6.7%
0.0%
Q2 24
0.1%
Cash Conversion
MTRN
MTRN
PFSI
PFSI
Q1 26
Q4 25
2.97×
-15.46×
Q3 25
0.72×
-3.84×
Q2 25
1.99×
-0.96×
Q1 25
0.88×
13.97×
Q4 24
-43.39×
Q3 24
0.23×
-5.68×
Q2 24
1.07×
-11.12×

Financial Flow Comparison

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

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