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

MATERION Corp is the larger business by last-quarter revenue ($549.8M vs $444.5M, roughly 1.2× W. P. Carey Inc.). W. P. Carey Inc. runs the higher net margin — 33.4% vs 3.5%, a 29.8% 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 6.8%).

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.

W. P. Carey is a real estate investment trust that invests in properties leased to single tenants via NNN leases. The company is organized in Maryland, with its primary office in New York City.

MTRN vs WPC — Head-to-Head

Bigger by revenue
MTRN
MTRN
1.2× larger
MTRN
$549.8M
$444.5M
WPC
Growing faster (revenue YoY)
MTRN
MTRN
+21.4% gap
MTRN
30.8%
9.4%
WPC
Higher net margin
WPC
WPC
29.8% more per $
WPC
33.4%
3.5%
MTRN
Faster 2-yr revenue CAGR
MTRN
MTRN
Annualised
MTRN
13.6%
6.8%
WPC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MTRN
MTRN
WPC
WPC
Revenue
$549.8M
$444.5M
Net Profit
$19.4M
$148.3M
Gross Margin
14.9%
Operating Margin
5.1%
34.5%
Net Margin
3.5%
33.4%
Revenue YoY
30.8%
9.4%
Net Profit YoY
9.5%
215.4%
EPS (diluted)

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
WPC
WPC
Q1 26
$549.8M
Q4 25
$489.8M
$444.5M
Q3 25
$444.8M
$431.3M
Q2 25
$431.7M
$430.8M
Q1 25
$420.3M
$409.9M
Q4 24
$436.9M
$406.2M
Q3 24
$436.7M
$397.4M
Q2 24
$425.9M
$389.7M
Net Profit
MTRN
MTRN
WPC
WPC
Q1 26
$19.4M
Q4 25
$6.6M
$148.3M
Q3 25
$25.4M
$141.0M
Q2 25
$25.1M
$51.2M
Q1 25
$17.7M
$125.8M
Q4 24
$-48.9M
$47.0M
Q3 24
$22.3M
$111.7M
Q2 24
$19.0M
$142.9M
Gross Margin
MTRN
MTRN
WPC
WPC
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
WPC
WPC
Q1 26
5.1%
Q4 25
2.2%
34.5%
Q3 25
7.9%
34.7%
Q2 25
8.5%
15.0%
Q1 25
6.5%
33.5%
Q4 24
-8.8%
13.5%
Q3 24
7.2%
30.4%
Q2 24
7.5%
38.3%
Net Margin
MTRN
MTRN
WPC
WPC
Q1 26
3.5%
Q4 25
1.3%
33.4%
Q3 25
5.7%
32.7%
Q2 25
5.8%
11.9%
Q1 25
4.2%
30.7%
Q4 24
-11.2%
11.6%
Q3 24
5.1%
28.1%
Q2 24
4.5%
36.7%
EPS (diluted)
MTRN
MTRN
WPC
WPC
Q1 26
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

Balance Sheet & Financial Strength

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

Metric
MTRN
MTRN
WPC
WPC
Cash + ST InvestmentsLiquidity on hand
$16.2M
$155.3M
Total DebtLower is stronger
$489.9M
$8.7B
Stockholders' EquityBook value
$957.0M
$8.1B
Total Assets
$1.9B
$18.0B
Debt / EquityLower = less leverage
0.51×
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTRN
MTRN
WPC
WPC
Q1 26
$16.2M
Q4 25
$13.7M
$155.3M
Q3 25
$16.4M
$249.0M
Q2 25
$12.6M
$244.8M
Q1 25
$15.6M
$187.8M
Q4 24
$16.7M
$640.4M
Q3 24
$17.9M
$818.2M
Q2 24
$17.1M
$1.1B
Total Debt
MTRN
MTRN
WPC
WPC
Q1 26
$489.9M
Q4 25
$460.6M
$8.7B
Q3 25
$458.9M
$8.7B
Q2 25
$427.6M
$8.6B
Q1 25
$453.0M
$7.9B
Q4 24
$443.9M
$8.0B
Q3 24
$8.0B
Q2 24
$8.1B
Stockholders' Equity
MTRN
MTRN
WPC
WPC
Q1 26
$957.0M
Q4 25
$943.3M
$8.1B
Q3 25
$934.6M
$8.2B
Q2 25
$910.6M
$8.2B
Q1 25
$887.9M
$8.4B
Q4 24
$868.9M
$8.4B
Q3 24
$931.9M
$8.6B
Q2 24
$907.1M
$8.6B
Total Assets
MTRN
MTRN
WPC
WPC
Q1 26
$1.9B
Q4 25
$1.8B
$18.0B
Q3 25
$1.8B
$18.0B
Q2 25
$1.7B
$18.0B
Q1 25
$1.8B
$17.3B
Q4 24
$1.7B
$17.5B
Q3 24
$1.9B
$17.6B
Q2 24
$1.8B
$17.8B
Debt / Equity
MTRN
MTRN
WPC
WPC
Q1 26
0.51×
Q4 25
0.49×
1.07×
Q3 25
0.49×
1.06×
Q2 25
0.47×
1.05×
Q1 25
0.51×
0.94×
Q4 24
0.51×
0.95×
Q3 24
0.93×
Q2 24
0.94×

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
WPC
WPC
Operating Cash FlowLast quarter
$304.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTRN
MTRN
WPC
WPC
Q1 26
Q4 25
$19.5M
$304.6M
Q3 25
$18.3M
$300.5M
Q2 25
$49.9M
$404.0M
Q1 25
$15.5M
$273.2M
Q4 24
$76.3M
$296.3M
Q3 24
$5.1M
$280.2M
Q2 24
$20.3M
$221.0M
Free Cash Flow
MTRN
MTRN
WPC
WPC
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
$3.2M
Q4 24
Q3 24
$-24.3M
Q2 24
FCF Margin
MTRN
MTRN
WPC
WPC
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
0.8%
Q4 24
Q3 24
-5.6%
Q2 24
Capex Intensity
MTRN
MTRN
WPC
WPC
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
2.9%
Q4 24
Q3 24
6.7%
Q2 24
Cash Conversion
MTRN
MTRN
WPC
WPC
Q1 26
Q4 25
2.97×
2.05×
Q3 25
0.72×
2.13×
Q2 25
1.99×
7.89×
Q1 25
0.88×
2.17×
Q4 24
6.30×
Q3 24
0.23×
2.51×
Q2 24
1.07×
1.55×

Financial Flow Comparison

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

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