Applied Industrial Technologies (AIT) vs Materion (MTRN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Materion (MTRN) has outperformed Applied Industrial Technologies (AIT) over the past year, gaining 133.1% versus a gain of 32.4%. Over five years, MTRN leads with a +303.2% price change compared with +250.6% for AIT. Applied Industrial Technologies is the larger company by market cap ($12.18 billion vs $5.93 billion), about 2.1 times the size.
On valuation, Applied Industrial Technologies trades at a lower forward P/E (25.1x vs 33.7x for Materion). Applied Industrial Technologies offers the higher dividend yield (0.59% vs 0.20%). Applied Industrial Technologies converts more of its revenue into profit, with a net margin of 8.3% versus 4.2%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AIT | MTRN |
|---|---|---|
| Share price | $331.60 | $284.59 |
| Market cap | $12.18B | $5.93B |
| 1-day change | -0.89% | -2.11% |
| YTD return | +30.30% | +133.85% |
| 1-year return | +32.38% | +133.14% |
| 5-year return | +250.64% | +303.16% |
| P/E ratio (TTM) | 30.28 | 66.34 |
| Forward P/E | 25.07 | 33.75 |
| EPS (TTM) | $10.95 | $4.29 |
| Dividend yield | 0.59% | 0.20% |
| Annual dividend | $1.94 | $0.565 |
| Revenue (latest FY) | $4.97B | $1.79B |
| Revenue growth (YoY) | +8.84% | +6.04% |
| Net income (latest FY) | $414.52M | $74.82M |
| Gross margin | 30.34% | 17.27% |
| Operating margin | 11.06% | 6.15% |
| Net margin | 8.35% | 4.19% |
| 52-week high | $374.80 | $324.99 |
| 52-week low | $238.34 | $109.61 |
| Distance from 52-week high | -11.53% | -12.43% |
| Analyst consensus | none | buy |
| Avg. price target upside | +20.63% | +6.73% |
| Average volume | 280.11K | 315.10K |
| Shares outstanding | 36.73M | 20.83M |
| Employees | 6,900 | 3,000 |
| Sector | Consumer Discretionary | Industrials |
| Industry | Industrial Specialties | Industrial Specialties |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Applied Industrial Technologies is about 2.1 times larger than Materion by market value ($12.18B vs $5.93B).
- MTRN has outperformed AIT by 100.8 percentage points over the past year.
- Materion trades at a higher earnings multiple (66.3x vs 30.3x trailing P/E).
- The two companies sit in different sectors: Applied Industrial Technologies in Consumer Discretionary and Materion in Industrials.
About Applied Industrial Technologies
AIT stock →Applied Industrial Technologies, Inc. distributes industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies in the United States, Canada, Mexico, Australia, New Zealand, Singapore, and Costa Rica.
Consumer Discretionary · Industrial Specialties · 6,900 employees
About Materion
MTRN stock →Materion Corporation, together with its subsidiaries, produces advanced engineered materials in the United States, Asia, Europe, and internationally. The company operates in four segments: Performance Materials, Electronic Materials, Precision Optics, and Other.
Industrials · Industrial Specialties · 3,000 employees
AIT vs MTRN FAQ
Which is bigger, Applied Industrial Technologies or Materion?
Applied Industrial Technologies (AIT) is larger, with a market capitalization of $12.18B compared with $5.93B for Materion (MTRN).
Which stock has performed better over the past year, AIT or MTRN?
MTRN returned +133.14% over the past 12 months, compared with +32.38% for AIT (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, AIT or MTRN?
AIT has the lower trailing P/E at 30.3, versus 66.3 for MTRN. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Applied Industrial Technologies or Materion?
Applied Industrial Technologies has the higher yield at 0.59%, compared with 0.20% for Materion.
Are Applied Industrial Technologies and Materion in the same industry?
Yes. Both are classified in the Industrial Specialties industry within the Consumer Discretionary sector.