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Side-by-side financial comparison of MATERION Corp (MTRN) and PJT Partners Inc. (PJT). Click either name above to swap in a different company.
PJT Partners Inc. is the larger business by last-quarter revenue ($531.4M vs $489.8M, roughly 1.1× MATERION Corp). PJT Partners Inc. runs the higher net margin — 10.0% vs 1.3%, a 8.7% gap on every dollar of revenue. On growth, PJT Partners Inc. posted the faster year-over-year revenue change (12.9% vs 12.1%). Over the past eight quarters, PJT Partners Inc.'s revenue compounded faster (27.5% CAGR vs 12.7%).
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.
PJT Partners, Inc. is a global advisory-focused investment bank, founded in October 2015 as part of The Blackstone Group's spin-off of its financial and strategic advisory services businesses.
MTRN vs PJT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $489.8M | $531.4M |
| Net Profit | $6.6M | $53.4M |
| Gross Margin | 13.0% | — |
| Operating Margin | 2.2% | 23.1% |
| Net Margin | 1.3% | 10.0% |
| Revenue YoY | 12.1% | 12.9% |
| Net Profit YoY | 113.5% | 4.0% |
| EPS (diluted) | $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 | $489.8M | $531.4M | ||
| Q3 25 | $444.8M | $442.3M | ||
| Q2 25 | $431.7M | $401.1M | ||
| Q1 25 | $420.3M | $321.9M | ||
| Q4 24 | $436.9M | $470.5M | ||
| Q3 24 | $436.7M | $320.3M | ||
| Q2 24 | $425.9M | $358.1M | ||
| Q1 24 | $385.3M | $327.1M |
| Q4 25 | $6.6M | $53.4M | ||
| Q3 25 | $25.4M | $39.8M | ||
| Q2 25 | $25.1M | $32.9M | ||
| Q1 25 | $17.7M | $54.0M | ||
| Q4 24 | $-48.9M | $51.3M | ||
| Q3 24 | $22.3M | $22.1M | ||
| Q2 24 | $19.0M | $28.3M | ||
| Q1 24 | $13.4M | $32.6M |
| 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% | — | ||
| Q1 24 | 18.5% | — |
| Q4 25 | 2.2% | 23.1% | ||
| Q3 25 | 7.9% | 20.6% | ||
| Q2 25 | 8.5% | 19.1% | ||
| Q1 25 | 6.5% | 16.3% | ||
| Q4 24 | -8.8% | 21.9% | ||
| Q3 24 | 7.2% | 15.4% | ||
| Q2 24 | 7.5% | 18.0% | ||
| Q1 24 | 5.8% | 16.5% |
| Q4 25 | 1.3% | 10.0% | ||
| Q3 25 | 5.7% | 9.0% | ||
| Q2 25 | 5.8% | 8.2% | ||
| Q1 25 | 4.2% | 16.8% | ||
| Q4 24 | -11.2% | 10.9% | ||
| Q3 24 | 5.1% | 6.9% | ||
| Q2 24 | 4.5% | 7.9% | ||
| Q1 24 | 3.5% | 10.0% |
| Q4 25 | $0.30 | — | ||
| Q3 25 | $1.22 | — | ||
| Q2 25 | $1.21 | — | ||
| Q1 25 | $0.85 | — | ||
| Q4 24 | $-2.34 | — | ||
| Q3 24 | $1.07 | — | ||
| Q2 24 | $0.91 | — | ||
| Q1 24 | $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 | $13.7M | $538.9M |
| Total DebtLower is stronger | $460.6M | — |
| Stockholders' EquityBook value | $943.3M | $308.2M |
| Total Assets | $1.8B | $1.8B |
| Debt / EquityLower = less leverage | 0.49× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $13.7M | $538.9M | ||
| Q3 25 | $16.4M | $400.5M | ||
| Q2 25 | $12.6M | $214.6M | ||
| Q1 25 | $15.6M | $194.3M | ||
| Q4 24 | $16.7M | $483.9M | ||
| Q3 24 | $17.9M | $148.8M | ||
| Q2 24 | $17.1M | $164.2M | ||
| Q1 24 | $13.1M | $215.5M |
| Q4 25 | $460.6M | — | ||
| Q3 25 | $458.9M | — | ||
| Q2 25 | $427.6M | — | ||
| Q1 25 | $453.0M | — | ||
| Q4 24 | $443.9M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | $477.9M | — |
| Q4 25 | $943.3M | $308.2M | ||
| Q3 25 | $934.6M | $228.6M | ||
| Q2 25 | $910.6M | $167.4M | ||
| Q1 25 | $887.9M | $148.8M | ||
| Q4 24 | $868.9M | $187.0M | ||
| Q3 24 | $931.9M | $159.1M | ||
| Q2 24 | $907.1M | $133.8M | ||
| Q1 24 | $889.9M | $174.6M |
| Q4 25 | $1.8B | $1.8B | ||
| Q3 25 | $1.8B | $1.7B | ||
| Q2 25 | $1.7B | $1.5B | ||
| Q1 25 | $1.8B | $1.4B | ||
| Q4 24 | $1.7B | $1.6B | ||
| Q3 24 | $1.9B | $1.6B | ||
| Q2 24 | $1.8B | $1.4B | ||
| Q1 24 | $1.8B | $1.3B |
| Q4 25 | 0.49× | — | ||
| Q3 25 | 0.49× | — | ||
| Q2 25 | 0.47× | — | ||
| Q1 25 | 0.51× | — | ||
| Q4 24 | 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 | $19.5M | $155.7M |
| Free Cash FlowOCF − Capex | — | $138.6M |
| FCF MarginFCF / Revenue | — | 26.1% |
| Capex IntensityCapex / Revenue | — | 3.2% |
| Cash ConversionOCF / Net Profit | 2.97× | 2.92× |
| TTM Free Cash FlowTrailing 4 quarters | — | $480.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $19.5M | $155.7M | ||
| Q3 25 | $18.3M | $256.1M | ||
| Q2 25 | $49.9M | $190.4M | ||
| Q1 25 | $15.5M | $-75.9M | ||
| Q4 24 | $76.3M | $195.7M | ||
| Q3 24 | $5.1M | $180.5M | ||
| Q2 24 | $20.3M | $193.6M | ||
| Q1 24 | $-13.8M | $-38.8M |
| Q4 25 | — | $138.6M | ||
| Q3 25 | — | $240.9M | ||
| Q2 25 | — | $178.9M | ||
| Q1 25 | $3.2M | $-77.9M | ||
| Q4 24 | — | $195.3M | ||
| Q3 24 | $-24.3M | $178.5M | ||
| Q2 24 | — | $193.0M | ||
| Q1 24 | $-35.1M | $-39.2M |
| Q4 25 | — | 26.1% | ||
| Q3 25 | — | 54.5% | ||
| Q2 25 | — | 44.6% | ||
| Q1 25 | 0.8% | -24.2% | ||
| Q4 24 | — | 41.5% | ||
| Q3 24 | -5.6% | 55.7% | ||
| Q2 24 | — | 53.9% | ||
| Q1 24 | -9.1% | -12.0% |
| Q4 25 | — | 3.2% | ||
| Q3 25 | — | 3.4% | ||
| Q2 25 | — | 2.9% | ||
| Q1 25 | 2.9% | 0.6% | ||
| Q4 24 | — | 0.1% | ||
| Q3 24 | 6.7% | 0.6% | ||
| Q2 24 | — | 0.1% | ||
| Q1 24 | 5.5% | 0.1% |
| Q4 25 | 2.97× | 2.92× | ||
| Q3 25 | 0.72× | 6.43× | ||
| Q2 25 | 1.99× | 5.79× | ||
| Q1 25 | 0.88× | -1.41× | ||
| Q4 24 | — | 3.81× | ||
| Q3 24 | 0.23× | 8.15× | ||
| Q2 24 | 1.07× | 6.84× | ||
| Q1 24 | -1.03× | -1.19× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
PJT
Segment breakdown not available.
