Materion Q4 2024 Earnings Report
Key Takeaways
Materion Corporation reported Q4 2024 results, with net sales of $436.9 million and a net loss of $48.8 million. Adjusted EPS reached a record $1.55, up from $1.41 in the prior year. The company faced headwinds in automotive, industrial, and energy segments but saw strength in space & defense and semiconductors.
Net sales reached $436.9 million, up from $421.0 million in Q4 2023.
Net loss of $48.8 million compared to a net income of $19.5 million in Q4 2023.
Adjusted EPS of $1.55, an increase from $1.41 in Q4 2023.
Operating loss of $38.3 million versus an operating profit of $27.6 million in Q4 2023.
Materion Revenue
Materion EPS
Materion Revenue by Segment
Forward Guidance
Materion expects earnings growth in 2025 driven by market recovery, operational efficiencies, and cost management.
Positive Outlook
- Projected mid-single-digit top-line growth in 2025.
- Improved operational performance and cost efficiency.
- Market recovery expected in key segments.
- Strength in space & defense and semiconductor industries.
- New mid-term adjusted EBITDA margin target of 23%.
Challenges Ahead
- Continued weakness in automotive, industrial, and energy sectors.
- Precision clad strip inventory correction expected to last through 2025.
- Macroeconomic uncertainties could impact demand.
- Potential cost pressures on raw materials and logistics.
- Execution risks in achieving new mid-term profitability targets.
Revenue & Expenses
Visualization of income flow from segment revenue to net income