MetaCap

Materion (MTRN) vs Polaris (PII)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.

Summary

Materion (MTRN) has outperformed Polaris (PII) over the past year, gaining 118.4% versus a loss of 17.9%. Over five years, MTRN leads with a +284.3% price change compared with -59.5% for PII. Materion is the larger company by market cap ($5.94 billion vs $2.95 billion), about 2.0 times the size.

On valuation, Polaris trades at a lower forward P/E (15.2x vs 33.8x for Materion). Polaris offers the higher dividend yield (5.21% vs 0.20%). Materion converts more of its revenue into profit, with a net margin of 4.2% versus -6.5%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

MTRN+118.44%PII-17.95%
+160%+63%-34%
Oct 8, 20251 yearOct 8, 2026
MTRN+292.67%PII-58.56%
+363%+134%-95%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

MTRN versus PII key metrics
MetricMTRNPII
Share price$285.14$51.80
Market cap$5.94B$2.95B
1-day change+2.90%-1.92%
YTD return+122.90%-16.51%
1-year return+118.44%-17.95%
5-year return+284.29%-59.53%
P/E ratio (TTM)66.47—
Forward P/E33.8115.23
EPS (TTM)$4.29$-4.61
Dividend yield0.20%5.21%
Annual dividend$0.565$2.70
Revenue (latest FY)$1.79B$7.15B
Revenue growth (YoY)+6.04%-0.33%
Net income (latest FY)$74.82M$-465.50M
Gross margin17.27%19.14%
Operating margin6.15%-4.88%
Net margin4.19%-6.51%
52-week high$324.99$77.98
52-week low$109.61$47.14
Distance from 52-week high-12.26%-33.58%
Analyst consensusbuynone
Avg. price target upside+6.53%+37.99%
Average volume315.57K819.50K
Shares outstanding20.83M56.90M
Employees3,00014,500
SectorIndustrialsConsumer Discretionary
IndustryIndustrial SpecialtiesIndustrial 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

  • Materion is about 2.0 times larger than Polaris by market value ($5.94B vs $2.95B).
  • MTRN has outperformed PII by 136.4 percentage points over the past year.
  • Polaris offers a meaningfully higher dividend yield (5.21% vs 0.20%).
  • Materion is more profitable, keeping 4.2 cents of every revenue dollar as net income versus -6.5 cents for Polaris.
  • Materion grew revenue faster in its latest fiscal year (+6.04% vs -0.33%).
  • The two companies sit in different sectors: Materion in Industrials and Polaris in Consumer Discretionary.

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

About Polaris

PII stock →

Polaris Inc. designs, engineers, manufactures, and markets powersports vehicles in the United States, Canada, and internationally.

Consumer Discretionary · Industrial Specialties · 14,500 employees

MTRN vs PII FAQ

Which is bigger, Materion or Polaris?

Materion (MTRN) is larger, with a market capitalization of $5.94B compared with $2.95B for Polaris (PII).

Which stock has performed better over the past year, MTRN or PII?

MTRN returned +118.44% over the past 12 months, compared with -17.95% for PII (price return, excluding dividends). Past performance does not predict future results.

Which pays a higher dividend, Materion or Polaris?

Polaris has the higher yield at 5.21%, compared with 0.20% for Materion.

Are Materion and Polaris in the same industry?

Yes. Both are classified in the Industrial Specialties industry within the Industrials sector.

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