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MATERION Corp（MTRN）与Bio-Techne（TECH）财务数据对比。点击上方公司名可切换其他公司
MATERION Corp的季度营收约是Bio-Techne的1.7倍（$489.8M vs $295.9M），Bio-Techne净利率更高（12.8% vs 1.3%，领先11.5%），MATERION Corp同比增速更快（12.1% vs -6.4%），过去两年MATERION Corp的营收复合增速更高（12.7% vs 4.2%）
Materion是一家专注于高性能先进材料领域的跨国企业，核心产品涵盖先进铍金属、薄膜沉积材料、高性能合金及复合材料、特种工程铍、工程金属、工业陶瓷、钽、铌等各类贵金属与非贵金属，同时提供无机化学品及特种涂层解决方案，广泛应用于高端制造领域。
Bio-Techne是美国头部生命科学企业，面向科研、诊断及生物工艺市场需求，研发、生产并销售生命科学试剂、仪器及配套服务，产品及解决方案广泛应用于基础研究、体外诊断、生物医药研发生产等场景，可为相关领域从业者提供可靠的专业工具支持。
MTRN vs TECH — 直观对比
营收规模更大
MTRN
是对方的1.7倍
$295.9M
营收增速更快
MTRN
高出18.5%
-6.4%
净利率更高
TECH
高出11.5%
1.3%
两年增速更快
MTRN
近两年复合增速
4.2%
损益表 — Q4 FY2025 vs Q2 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $489.8M | $295.9M |
| 净利润 | $6.6M | $38.0M |
| 毛利率 | 13.0% | 64.6% |
| 营业利润率 | 2.2% | 18.4% |
| 净利率 | 1.3% | 12.8% |
| 营收同比 | 12.1% | -6.4% |
| 净利润同比 | 113.5% | 68.3% |
| 每股收益（稀释后） | $0.30 | $0.24 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收MTRNTECH
| Q4 25 | $489.8M | $295.9M | ||
| Q3 25 | $444.8M | — | ||
| Q2 25 | $431.7M | $317.0M | ||
| Q1 25 | $420.3M | $316.2M | ||
| Q4 24 | $436.9M | $297.0M | ||
| Q3 24 | $436.7M | $289.5M | ||
| Q2 24 | $425.9M | $306.1M | ||
| Q1 24 | $385.3M | $303.4M |
净利润MTRNTECH
| Q4 25 | $6.6M | $38.0M | ||
| Q3 25 | $25.4M | — | ||
| Q2 25 | $25.1M | $-17.7M | ||
| Q1 25 | $17.7M | $22.6M | ||
| Q4 24 | $-48.9M | $34.9M | ||
| Q3 24 | $22.3M | $33.6M | ||
| Q2 24 | $19.0M | $40.6M | ||
| Q1 24 | $13.4M | $49.1M |
毛利率MTRNTECH
| Q4 25 | 13.0% | 64.6% | ||
| Q3 25 | 19.4% | — | ||
| Q2 25 | 19.1% | 62.7% | ||
| Q1 25 | 18.1% | 67.9% | ||
| Q4 24 | 21.3% | 65.3% | ||
| Q3 24 | 18.5% | 63.2% | ||
| Q2 24 | 19.0% | 66.4% | ||
| Q1 24 | 18.5% | 67.4% |
营业利润率MTRNTECH
| Q4 25 | 2.2% | 18.4% | ||
| Q3 25 | 7.9% | — | ||
| Q2 25 | 8.5% | -7.5% | ||
| Q1 25 | 6.5% | 12.2% | ||
| Q4 24 | -8.8% | 16.0% | ||
| Q3 24 | 7.2% | 13.8% | ||
| Q2 24 | 7.5% | 15.0% | ||
| Q1 24 | 5.8% | 22.1% |
净利率MTRNTECH
| Q4 25 | 1.3% | 12.8% | ||
| Q3 25 | 5.7% | — | ||
| Q2 25 | 5.8% | -5.6% | ||
| Q1 25 | 4.2% | 7.1% | ||
| Q4 24 | -11.2% | 11.7% | ||
| Q3 24 | 5.1% | 11.6% | ||
| Q2 24 | 4.5% | 13.3% | ||
| Q1 24 | 3.5% | 16.2% |
每股收益（稀释后）MTRNTECH
| Q4 25 | $0.30 | $0.24 | ||
| Q3 25 | $1.22 | — | ||
| Q2 25 | $1.21 | $-0.11 | ||
| Q1 25 | $0.85 | $0.14 | ||
| Q4 24 | $-2.34 | $0.22 | ||
| Q3 24 | $1.07 | $0.21 | ||
| Q2 24 | $0.91 | $0.26 | ||
| Q1 24 | $0.64 | $0.31 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $13.7M | $172.9M |
| 总债务越低越好 | $460.6M | $260.0M |
| 股东权益账面价值 | $943.3M | $2.0B |
| 总资产 | $1.8B | $2.5B |
| 负债/权益比越低杠杆越低 | 0.49× | 0.13× |
8季度趋势，按日历期对齐
现金及短期投资MTRNTECH
| Q4 25 | $13.7M | $172.9M | ||
| Q3 25 | $16.4M | — | ||
| Q2 25 | $12.6M | $162.2M | ||
| Q1 25 | $15.6M | $140.7M | ||
| Q4 24 | $16.7M | $177.5M | ||
| Q3 24 | $17.9M | $187.5M | ||
| Q2 24 | $17.1M | $152.9M | ||
| Q1 24 | $13.1M | $145.3M |
总债务MTRNTECH
| Q4 25 | $460.6M | $260.0M | ||
| Q3 25 | $458.9M | — | ||
| Q2 25 | $427.6M | $346.0M | ||
| Q1 25 | $453.0M | $330.0M | ||
| Q4 24 | $443.9M | $300.0M | ||
| Q3 24 | — | $300.0M | ||
| Q2 24 | — | $319.0M | ||
| Q1 24 | $477.9M | $389.0M |
股东权益MTRNTECH
| Q4 25 | $943.3M | $2.0B | ||
| Q3 25 | $934.6M | — | ||
| Q2 25 | $910.6M | $1.9B | ||
| Q1 25 | $887.9M | $2.0B | ||
| Q4 24 | $868.9M | $2.1B | ||
| Q3 24 | $931.9M | $2.1B | ||
| Q2 24 | $907.1M | $2.1B | ||
| Q1 24 | $889.9M | $2.0B |
总资产MTRNTECH
| Q4 25 | $1.8B | $2.5B | ||
| Q3 25 | $1.8B | — | ||
| Q2 25 | $1.7B | $2.6B | ||
| Q1 25 | $1.8B | $2.6B | ||
| Q4 24 | $1.7B | $2.7B | ||
| Q3 24 | $1.9B | $2.7B | ||
| Q2 24 | $1.8B | $2.7B | ||
| Q1 24 | $1.8B | $2.7B |
负债/权益比MTRNTECH
| Q4 25 | 0.49× | 0.13× | ||
| Q3 25 | 0.49× | — | ||
| Q2 25 | 0.47× | 0.18× | ||
| Q1 25 | 0.51× | 0.16× | ||
| Q4 24 | 0.51× | 0.14× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | 0.54× | 0.19× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $19.5M | — |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | 2.97× | — |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流MTRNTECH
| Q4 25 | $19.5M | — | ||
| Q3 25 | $18.3M | — | ||
| Q2 25 | $49.9M | $98.2M | ||
| Q1 25 | $15.5M | $41.1M | ||
| Q4 24 | $76.3M | $84.3M | ||
| Q3 24 | $5.1M | $63.9M | ||
| Q2 24 | $20.3M | $75.5M | ||
| Q1 24 | $-13.8M | $81.0M |
自由现金流MTRNTECH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $93.3M | ||
| Q1 25 | $3.2M | $31.0M | ||
| Q4 24 | — | $77.5M | ||
| Q3 24 | $-24.3M | $54.7M | ||
| Q2 24 | — | $57.5M | ||
| Q1 24 | $-35.1M | $64.5M |
自由现金流率MTRNTECH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 29.4% | ||
| Q1 25 | 0.8% | 9.8% | ||
| Q4 24 | — | 26.1% | ||
| Q3 24 | -5.6% | 18.9% | ||
| Q2 24 | — | 18.8% | ||
| Q1 24 | -9.1% | 21.3% |
资本支出强度MTRNTECH
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 1.5% | ||
| Q1 25 | 2.9% | 3.2% | ||
| Q4 24 | — | 2.3% | ||
| Q3 24 | 6.7% | 3.2% | ||
| Q2 24 | — | 5.9% | ||
| Q1 24 | 5.5% | 5.4% |
现金转化率MTRNTECH
| Q4 25 | 2.97× | — | ||
| Q3 25 | 0.72× | — | ||
| Q2 25 | 1.99× | — | ||
| Q1 25 | 0.88× | 1.82× | ||
| Q4 24 | — | 2.42× | ||
| Q3 24 | 0.23× | 1.90× | ||
| Q2 24 | 1.07× | 1.86× | ||
| Q1 24 | -1.03× | 1.65× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
TECH
| Diagnostics And Spatial Biology | $81.2M | 27% |
| EMEA Excluding UK | $75.4M | 25% |
| Other | $42.4M | 14% |
| Instruments | $29.6M | 10% |
| APAC Excluding Greater China | $22.7M | 8% |
| Services | $22.3M | 8% |
| GB | $13.7M | 5% |
| Royalty | $8.5M | 3% |
