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Materion vs Trimas: MTRN and TRS compared
Materion is the larger company: $567M of revenue in its latest quarter (Q3 2026) against $175M for Trimas (Q2 2026). Materion is growing faster (+28% against +2% a year earlier). Materion is more profitable, with an operating margin of 8.9% against 6.2%.
Where the money goes: MTRN and TRS
Materion (MTRN) · Q3 2026
Materion, Q3 2026: revenue $567M (+28% year over year), operating margin 8.9%, net earnings $38.3M, operating cash flow $72.2M. The chart follows the revenue to costs, profit and cash.
Trimas (TRS) · Q2 2026
Trimas, Q2 2026: revenue $175M (+2% year over year), operating margin 6.2%, net earnings $13.4M, operating cash flow −$38.5M. The chart follows the revenue to costs, profit and cash.
| Materion (MTRN) | Trimas (TRS) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q2 2026 |
| Revenue | $567M | $175M |
| Revenue growth, Y/Y | +28% | +2% |
| Gross margin | 18.3% | — |
| Operating margin | 8.9% | 6.2% |
| Net earnings | $38.3M | $13.4M |
| Net margin | 6.8% | 7.7% |
| Operating cash flow | $72.2M | −$38.5M |
| Free cash flow | $45.8M | — |
| Market value | $3.9B | — |
| P/E | 38.2× | — |
| Analysts’ mean target | $303.75 | — |
Where the revenue comes from
Materion
- Semiconductor: $282M (50%)
- Aerospace and defense: $74.1M (13%)
- Industrial: $54.9M (10%)
- Consumer electronics: $51.2M (9%)
Trimas
- Packaging: $143M (82%)
- Specialty Products: $31.7M (18%)
Questions
Which is bigger, Materion or Trimas?
Materion is the larger company: $567M of revenue in its latest quarter (Q3 2026) against $175M for Trimas (Q2 2026).
Is Materion or Trimas growing faster?
Materion is growing faster (+28% against +2% a year earlier).
Which is more profitable, Materion or Trimas?
Materion is more profitable, with an operating margin of 8.9% against 6.2%.
More: Materion earnings · how Materion makes money · Trimas earnings · how Trimas makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Nov 4, 2026; 10-Q filed Jul 31, 2026). Fiscal quarters can end on different dates. Not investment advice.