Materion (MTRN) Return on Invested Capital [ROIC] (2011 - 2026)
Materion (MTRN) reported Return on Invested Capital [ROIC] of 8.11% for Q2 2026, up 5.50 percentage points from 2.62% a year earlier and up 0.81 percentage points from the prior quarter.
Materion (MTRN) Return on Invested Capital [ROIC] (2011 - 2026) Analysis & Trends
For FY2025, Materion posted Return on Invested Capital [ROIC] of 7.43%, up 6.00 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +6.20 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 1.42% in FY2024 (-8.10 pp), 9.52% in FY2023 (+1.21 pp), 8.32% in FY2022 (+0.56 pp) and 7.75% in FY2021 (+6.53 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Invested Capital [ROIC] since Q1 2024.
- Year over year, Return on Invested Capital [ROIC] has now increased in each of the last three quarters, with an average year-over-year change of -1.64 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q4 2021 (a gain of 6.30 percentage points); the low point was Q4 2024 (a drop of 9.54 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.30% (Q1 2026), 7.21% (Q4 2025) and 2.73% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 193.68 Bn | 159.81 Bn | - | - |
| 2 | Southern Copper | 171.36 Bn | 150.22 Bn | 2.90 Bn | - |
| 3 | Newmont | 121.76 Bn | 89.94 Bn | 4.03 Bn | 7.86% |
| 4 | Ternium | 113.51 Bn | 78.56 Bn | 941.02 Mn | 4.89% |
| 5 | Freeport-Mcmoran | 103.45 Bn | 99.60 Bn | 2.19 Bn | 11.56% |
| 6 | Agnico Eagle Mines | 91.92 Bn | 91.92 Bn | 2.43 Bn | 35.18% |
| 7 | Barrick Mining | 67.42 Bn | 52.16 Bn | 2.90 Bn | 29.31% |
| 8 | Nucor | 54.54 Bn | 45.08 Bn | 2.03 Bn | 11.01% |
| 9 | ArcelorMittal | 49.09 Bn | 30.12 Bn | - | 3.54% |
| 10 | Materion | 6.51 Bn | 6.44 Bn | 104.34 Mn | 8.11% |
Historic Data
| Date | Value |
|---|---|
| Jul 3, 2026 | 8.11% |
| Apr 3, 2026 | 7.30% |
| Dec 31, 2025 | 7.21% |
| Sep 26, 2025 | 2.73% |
| Jun 27, 2025 | 2.62% |
| Mar 28, 2025 | 1.89% |
| Dec 31, 2024 | 1.36% |
| Sep 27, 2024 | 7.33% |
| Jun 28, 2024 | 7.69% |
| Mar 29, 2024 | 8.24% |
| Dec 31, 2023 | 10.90% |
| Sep 29, 2023 | 11.64% |
| Jun 30, 2023 | 9.35% |
| Mar 31, 2023 | 9.25% |
| Dec 31, 2022 | 8.01% |
| Sep 30, 2022 | 7.01% |
| Jul 1, 2022 | 6.59% |
| Apr 1, 2022 | 6.04% |
| Dec 31, 2021 | 7.42% |
| Oct 1, 2021 | 7.86% |
Materion Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MTRN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MTRN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MTRN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();