Meridian
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MTRN · CIK 0001104657 · FY2025 live · 2025-12-31

MATERION Corp

GreySEC 10-KClassic ZMaterials76th percentile in Materials · 260 names

View as

Model

Classic Z

FY2025

2.92

Zone

Grey

Prior

Market DD

1y PD

2.92

Z″ 5.16

−21.83.08+

Score 2.92 · distress below 1.80, grey to 2.99, safe at 3.00 and above.

Classic Z factor contributions

  • X1 Working capital / assets

    Short-term liquidity versus the size of the balance sheet.

    0.30
    1.2 × = 0.36
  • X2 Retained earnings / assets

    Cushion from years of profits. Share buybacks can push this negative at otherwise healthy firms.

    0.51
    1.4 × = 0.71
  • X3 EBIT / assets

    Operating return on assets. Highest weight in the original model.

    0.06
    3.3 × = 0.20
  • X4 Book equity / liabilities

    Book equity versus the liability stack. Mega-caps often look greyer here than they would if X4 used market cap.

    1.10
    0.6 × = 0.66
  • X5 Sales / assets

    Asset turnover — how much revenue the asset base supports.

    0.99
    1 × = 0.99

Five-year path

Need two annual 10-Ks to draw a path. The desk will pull this issuer’s filings.

Meridian Rank

76.91

0–100 · Classic Z family

  • Book standing

    78

  • Year change

  • Market PD

  • O-score

    74

Events on this name

Same published rows as Today.

No published events on this print.

Overview

rule-v1

MATERION Corp is on classic Z at 2.92 (grey) for FY2025, from an SEC 10-K. Sales / assets is the line that sets the print; retained earnings / assets is the runner-up. This is the first live year on the desk. No market tape loaded. Classic Z was fit on manufacturers. Buybacks can send retained earnings negative at otherwise healthy issuers. X4 is book equity.

Book screen Grey; market PD —. Market PD has not been priced on this name.

Market DD · naive Merton

No market tape yet.

Pull a year of closes (Yahoo, Nasdaq if Yahoo is limited) and size equity from Nasdaq cap or EDGAR shares. Distance-to-default and 1-year PD stay blank until then.

Sector peers

Closest Classic Z scores · 76th percentile in Materials.

Filing line items

Current assets

$790M

Total assets

$1.8B

Current liabilities

$254M

Total liabilities

$860M

Working capital

$536M

Retained earnings

$912M

EBIT

$110M

Total sales

$1.8B

Book equity

$943M

Accession 0001104657-26-000011. Live rank is the latest 10-K on EDGAR (FY2025, period 2025-12-31). Classic Z is the live score. View as is a display overlay. X4 is book equity. Pulled 13 Sept 2026.