Materion (MTRN) vs Zimmer Biomet (ZBH)
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 Zimmer Biomet (ZBH) over the past year, gaining 118.4% versus a loss of 9.6%. Over five years, MTRN leads with a +284.3% price change compared with -37.5% for ZBH. Zimmer Biomet is the larger company by market cap ($17.00 billion vs $5.84 billion), about 2.9 times the size.
On valuation, Zimmer Biomet trades at a lower forward P/E (9.8x vs 33.3x for Materion). Zimmer Biomet offers the higher dividend yield (1.08% vs 0.20%). Zimmer Biomet converts more of its revenue into profit, with a net margin of 8.6% 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 | ZBH |
|---|---|---|
| Share price | $280.45 | $89.14 |
| Market cap | $5.84B | $17.00B |
| 1-day change | +1.21% | +0.29% |
| YTD return | +122.90% | -1.16% |
| 1-year return | +118.44% | -9.64% |
| 5-year return | +284.29% | -37.45% |
| P/E ratio (TTM) | 65.37 | 21.64 |
| Forward P/E | 33.25 | 9.83 |
| EPS (TTM) | $4.29 | $4.12 |
| Dividend yield | 0.20% | 1.08% |
| Annual dividend | $0.565 | $0.96 |
| Revenue (latest FY) | $1.79B | $8.23B |
| Revenue growth (YoY) | +6.04% | +7.20% |
| Net income (latest FY) | $74.82M | $705.10M |
| Gross margin | 17.27% | 69.71% |
| Operating margin | 6.15% | 13.34% |
| Net margin | 4.19% | 8.57% |
| 52-week high | $324.99 | $106.88 |
| 52-week low | $109.61 | $79.12 |
| Distance from 52-week high | -13.71% | -16.60% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +8.31% | +20.29% |
| Average volume | 315.57K | 2.17M |
| Shares outstanding | 20.83M | 190.74M |
| Employees | 3,000 | 17,000 |
| Sector | Industrials | Health Care |
| 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
- Zimmer Biomet is about 2.9 times larger than Materion by market value ($17.00B vs $5.84B).
- MTRN has outperformed ZBH by 128.1 percentage points over the past year.
- Materion trades at a higher earnings multiple (65.4x vs 21.6x trailing P/E).
- The two companies sit in different sectors: Materion in Industrials and Zimmer Biomet 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.
Industrials · Industrial Specialties · 3,000 employees
About Zimmer Biomet
ZBH stock →Zimmer Biomet Holdings, Inc., together with its subsidiaries, operates as a medical technology company worldwide. The company designs, manufactures, and markets orthopedic reconstructive products, such as knee and hip products; S.E.T.
Health Care · Industrial Specialties · 17,000 employees
MTRN vs ZBH FAQ
Which is bigger, Materion or Zimmer Biomet?
Zimmer Biomet (ZBH) is larger, with a market capitalization of $17.00B compared with $5.84B for Materion (MTRN).
Which stock has performed better over the past year, MTRN or ZBH?
MTRN returned +118.44% over the past 12 months, compared with -9.64% for ZBH (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, MTRN or ZBH?
ZBH has the lower trailing P/E at 21.6, versus 65.4 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 Zimmer Biomet?
Zimmer Biomet has the higher yield at 1.08%, compared with 0.20% for Materion.
Are Materion and Zimmer Biomet in the same industry?
Yes. Both are classified in the Industrial Specialties industry within the Industrials sector.