MP Materials (MP) vs Materion (MTRN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 7, 2026.
Summary
Materion (MTRN) has outperformed MP Materials (MP) over the past year, gaining 133.1% versus a loss of 37.5%. Over five years, MTRN leads with a +303.2% price change compared with +36.3% for MP. MP Materials is the larger company by market cap ($8.25 billion vs $6.06 billion), about 1.4 times the size.
On valuation, Materion trades at a lower forward P/E (34.5x vs 56.3x for MP Materials). Materion pays a dividend yielding 0.19%, while MP Materials does not currently pay one. Materion converts more of its revenue into profit, with a net margin of 4.2% versus -38.3%.
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 | MP | MTRN |
|---|---|---|
| Share price | $46.31 | $290.72 |
| Market cap | $8.25B | $6.06B |
| 1-day change | -4.57% | -6.87% |
| YTD return | -8.69% | +133.85% |
| 1-year return | -37.47% | +133.14% |
| 5-year return | +36.29% | +303.16% |
| P/E ratio (TTM) | — | 67.77 |
| Forward P/E | 56.27 | 34.47 |
| EPS (TTM) | $-0.33 | $4.29 |
| Dividend yield | 0.00% | 0.19% |
| Annual dividend | $0.00 | $0.565 |
| Revenue (latest FY) | $224.44M | $1.79B |
| Revenue growth (YoY) | +10.10% | +6.04% |
| Net income (latest FY) | $-85.87M | $74.82M |
| Gross margin | 14.10% | 17.27% |
| Operating margin | -66.55% | 6.15% |
| Net margin | -38.26% | 4.19% |
| 52-week high | $100.25 | $324.99 |
| 52-week low | $37.81 | $109.61 |
| Distance from 52-week high | -53.81% | -10.54% |
| Analyst consensus | strong_buy | buy |
| Avg. price target upside | +57.63% | +4.48% |
| Average volume | 5.84M | 313.92K |
| Shares outstanding | 178.10M | 20.83M |
| Employees | 998 | 3,000 |
| Sector | Basic Materials | Industrials |
| Industry | Metal Mining | 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
- MTRN has outperformed MP by 170.6 percentage points over the past year.
- Materion is more profitable, keeping 4.2 cents of every revenue dollar as net income versus -38.3 cents for MP Materials.
- The two companies sit in different sectors: MP Materials in Basic Materials and Materion in Industrials.
About MP Materials
MP stock →MP Materials Corp., together with its subsidiaries, produces rare earth materials in the Western Hemisphere. It operates in two segments, Materials and Magnetics.
Basic Materials · Metal Mining · 998 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
MP vs MTRN FAQ
Which is bigger, MP Materials or Materion?
MP Materials (MP) is larger, with a market capitalization of $8.25B compared with $6.06B for Materion (MTRN).
Which stock has performed better over the past year, MP or MTRN?
MTRN returned +133.14% over the past 12 months, compared with -37.47% for MP (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, MP Materials or Materion?
Materion pays a dividend yielding 0.19%, while MP Materials does not currently pay a regular dividend.
Are MP Materials and Materion in the same industry?
No. MP Materials is in the Basic Materials sector, while Materion is in Industrials.