Align Technology (ALGN) 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 Align Technology (ALGN) over the past year, gaining 118.4% versus a gain of 6.0%. Over five years, MTRN leads with a +284.3% price change compared with -76.1% for ALGN. Align Technology is the larger company by market cap ($10.02 billion vs $5.77 billion), about 1.7 times the size, while Materion is growing revenue faster (+6.0% vs +0.9%).
On valuation, Align Technology trades at a lower forward P/E (11.3x vs 32.9x for Materion). Materion pays a dividend yielding 0.20%, while Align Technology does not currently pay one. Align Technology converts more of its revenue into profit, with a net margin of 10.2% 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 | ALGN | MTRN |
|---|---|---|
| Share price | $141.03 | $277.11 |
| Market cap | $10.02B | $5.77B |
| 1-day change | +0.83% | -4.68% |
| YTD return | -9.68% | +122.90% |
| 1-year return | +5.97% | +118.44% |
| 5-year return | -76.08% | +284.29% |
| P/E ratio (TTM) | 24.53 | 64.59 |
| Forward P/E | 11.33 | 32.86 |
| EPS (TTM) | $5.75 | $4.29 |
| Dividend yield | 0.00% | 0.20% |
| Annual dividend | $0.00 | $0.565 |
| Revenue (latest FY) | $4.03B | $1.79B |
| Revenue growth (YoY) | +0.90% | +6.04% |
| Net income (latest FY) | $410.35M | $74.82M |
| Gross margin | 67.19% | 17.27% |
| Operating margin | 13.53% | 6.15% |
| Net margin | 10.17% | 4.19% |
| 52-week high | $200.44 | $324.99 |
| 52-week low | $124.91 | $109.61 |
| Distance from 52-week high | -29.64% | -14.73% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +43.03% | +9.61% |
| Average volume | 900.35K | 315.57K |
| Shares outstanding | 71.04M | 20.83M |
| Employees | 20,435 | 3,000 |
| Sector | Health Care | Basic Materials |
| Industry | Industrial Specialties | Other Industrial Metals & Mining |
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
- MTRN has outperformed ALGN by 112.5 percentage points over the past year.
- Materion trades at a higher earnings multiple (64.6x vs 24.5x trailing P/E).
- Align Technology is more profitable, keeping 10.2 cents of every revenue dollar as net income versus 4.2 cents for Materion.
- Materion grew revenue faster in its latest fiscal year (+6.04% vs +0.90%).
- The two companies sit in different sectors: Align Technology in Health Care and Materion in Basic Materials.
About Align Technology
ALGN stock →Align Technology, Inc. provides Invisalign clear aligners, Vivera retainers, and iTero intraoral scanners and services in the United States, Switzerland, and internationally.
Health Care · Industrial Specialties · 20,435 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.
Basic Materials · Other Industrial Metals & Mining · 3,000 employees
ALGN vs MTRN FAQ
Which is bigger, Align Technology or Materion?
Align Technology (ALGN) is larger, with a market capitalization of $10.02B compared with $5.77B for Materion (MTRN).
Which stock has performed better over the past year, ALGN or MTRN?
MTRN returned +118.44% over the past 12 months, compared with +5.97% for ALGN (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ALGN or MTRN?
ALGN has the lower trailing P/E at 24.5, versus 64.6 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, Align Technology or Materion?
Materion pays a dividend yielding 0.20%, while Align Technology does not currently pay a regular dividend.
Are Align Technology and Materion in the same industry?
No. Align Technology is in the Health Care sector, while Materion is in Basic Materials.