earnings
confidence high
sentiment positive
materiality 0.75
Materion reports Q4 adjusted EPS $1.55, record adjusted EBITDA; sets 2025 guidance and new 23% EBITDA margin target
MATERION Corp
2024-FY EPS reported
$0.28
revenue$1,684,739,000
- Q4 net loss $48.8M ($2.33/diluted) on non-cash goodwill impairment; adjusted EPS $1.55 vs $1.41 prior year.
- Record Q4 adjusted EBITDA $61.5M (20.8% of value-added sales) vs $53.3M prior year.
- Full-year adjusted EPS $5.34 vs $5.64; adjusted EBITDA $221.2M vs $217.7M; achieved 20% margin target.
- New mid-term adjusted EBITDA margin target of 23%; 2025 adjusted EPS guidance $5.30-$5.70.
- Expect mid-single digit top-line growth ex-clad strip; clad strip inventory correction continues through 2025.