Materion (MTRN) vs STERIS (Ireland) (STE)
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 STERIS (Ireland) (STE) over the past year, gaining 118.4% versus a loss of 13.2%. Over five years, MTRN leads with a +284.3% price change compared with -6.8% for STE. STERIS (Ireland) is the larger company by market cap ($20.55 billion vs $5.77 billion), about 3.6 times the size.
On valuation, STERIS (Ireland) trades at a lower forward P/E (17.2x vs 32.9x for Materion). STERIS (Ireland) offers the higher dividend yield (1.20% vs 0.20%). STERIS (Ireland) converts more of its revenue into profit, with a net margin of 13.2% 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 | MTRN | STE |
|---|---|---|
| Share price | $277.11 | $210.76 |
| Market cap | $5.77B | $20.55B |
| 1-day change | -4.68% | +0.52% |
| YTD return | +122.90% | -17.29% |
| 1-year return | +118.44% | -13.20% |
| 5-year return | +284.29% | -6.85% |
| P/E ratio (TTM) | 64.59 | 25.77 |
| Forward P/E | 32.86 | 17.21 |
| EPS (TTM) | $4.29 | $8.18 |
| Dividend yield | 0.20% | 1.20% |
| Annual dividend | $0.565 | $2.52 |
| Revenue (latest FY) | $1.79B | $5.94B |
| Revenue growth (YoY) | +6.04% | +8.73% |
| Net income (latest FY) | $74.82M | $782.30M |
| Gross margin | 17.27% | 44.25% |
| Operating margin | 6.15% | 18.56% |
| Net margin | 4.19% | 13.18% |
| 52-week high | $324.99 | $269.44 |
| 52-week low | $109.61 | $195.14 |
| Distance from 52-week high | -14.73% | -21.78% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +9.61% | +24.85% |
| Average volume | 315.10K | 693.80K |
| Shares outstanding | 20.83M | 97.50M |
| Employees | 3,000 | 17,937 |
| Sector | Basic Materials | Health Care |
| Industry | Other Industrial Metals & 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
- STERIS (Ireland) is about 3.6 times larger than Materion by market value ($20.55B vs $5.77B).
- MTRN has outperformed STE by 131.6 percentage points over the past year.
- Materion trades at a higher earnings multiple (64.6x vs 25.8x trailing P/E).
- STERIS (Ireland) is more profitable, keeping 13.2 cents of every revenue dollar as net income versus 4.2 cents for Materion.
- The two companies sit in different sectors: Materion in Basic Materials and STERIS (Ireland) in Health Care.
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
About STERIS (Ireland)
STE stock →STERIS plc provides infection prevention products and services in the United States, Ireland, and internationally. It operates through three segments: Healthcare, Applied Sterilization Technologies, and Life Sciences.
Health Care · Industrial Specialties · 17,937 employees
MTRN vs STE FAQ
Which is bigger, Materion or STERIS (Ireland)?
STERIS (Ireland) (STE) is larger, with a market capitalization of $20.55B compared with $5.77B for Materion (MTRN).
Which stock has performed better over the past year, MTRN or STE?
MTRN returned +118.44% over the past 12 months, compared with -13.20% for STE (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MTRN or STE?
STE has the lower trailing P/E at 25.8, 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, Materion or STERIS (Ireland)?
STERIS (Ireland) has the higher yield at 1.20%, compared with 0.20% for Materion.
Are Materion and STERIS (Ireland) in the same industry?
No. Materion is in the Basic Materials sector, while STERIS (Ireland) is in Health Care.