ALB vs. MTRN
ALB (Albemarle Corporation) and MTRN (Materion Corporation) are both stocks. Both are in the Basic Materials sector — ALB in Specialty Chemicals, MTRN in Other Industrial Metals & Mining. Over the past 10 years, ALB returned 9.53%/yr vs 26.56%/yr for MTRN. At a 0.38 correlation, their price movements are largely independent.
Performance
ALB vs. MTRN - Performance Comparison
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Returns By Period
In the year-to-date period, ALB achieves a 21.10% return, which is significantly lower than MTRN's 99.20% return. Over the past 10 years, ALB has underperformed MTRN with an annualized return of 9.53%, while MTRN has yielded a comparatively higher 26.56% annualized return.
ALB
- 1D
- 7.42%
- 1M
- -14.97%
- YTD
- 21.10%
- 6M
- 29.03%
- 1Y
- 178.26%
- 3Y*
- -7.90%
- 5Y*
- 1.22%
- 10Y*
- 9.53%
MTRN
- 1D
- 0.51%
- 1M
- 17.23%
- YTD
- 99.20%
- 6M
- 93.73%
- 1Y
- 207.47%
- 3Y*
- 30.82%
- 5Y*
- 26.60%
- 10Y*
- 26.56%
ALB vs. MTRN - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 21.10% | 67.72% | -39.50% | -32.80% | -6.63% | 59.76% | 105.39% | -3.28% | -38.89% | 50.22% |
MTRN Materion Corporation | 99.20% | 26.43% | -23.67% | 49.41% | -4.25% | 45.18% | 8.08% | 33.09% | -6.74% | 23.94% |
Correlation
The correlation between ALB and MTRN is 0.37, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.37 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.43 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.46 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.45 |
Correlation (All Time) Calculated using the full available price history since Feb 22, 1994 | 0.38 |
Fundamentals
ALB:
$20.21B
MTRN:
$5.19B
ALB:
-$2.33
MTRN:
$3.65
ALB:
3.66
MTRN:
2.71
ALB:
2.65
MTRN:
5.43
ALB:
$5.49B
MTRN:
$1.91B
ALB:
$1.02B
MTRN:
$305.29M
ALB:
$801.97M
MTRN:
$166.65M
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Return for Risk
ALB vs. MTRN — Risk / Return Rank
ALB
MTRN
ALB vs. MTRN - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Albemarle Corporation (ALB) and Materion Corporation (MTRN). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ALB | MTRN | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.83 | ||
| Sortino ratioReturn per unit of downside risk | -1.46 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.62 | -0.24 |
| Calmar ratioReturn relative to maximum drawdown | 5.66 | 10.08 | -4.42 |
| Martin ratioReturn relative to average drawdown | 17.15 | 31.56 | -14.42 |
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Drawdowns
ALB vs. MTRN - Drawdown Comparison
The maximum ALB drawdown since its inception was -83.90%, roughly equal to the maximum MTRN drawdown of -87.53%. Use the drawdown chart below to compare losses from any high point for ALB and MTRN.
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Drawdown Indicators
| ALB | MTRN | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.90% | -87.53% | +3.63% |
Max Drawdown (1Y)Largest decline over 1 year | -31.72% | -20.73% | -10.99% |
Max Drawdown (3Y)Largest decline over 3 years | -78.60% | -47.84% | -30.76% |
Max Drawdown (5Y)Largest decline over 5 years | -83.90% | -47.84% | -36.06% |
Max Drawdown (10Y)Largest decline over 10 years | -83.90% | -61.99% | -21.91% |
Current DrawdownCurrent decline from peak | -44.87% | 0.00% | -44.87% |
Average DrawdownAverage peak-to-trough decline | -20.68% | -39.66% | +18.98% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 10.46% | 6.62% | +3.84% |
Volatility
ALB vs. MTRN - Volatility Comparison
Albemarle Corporation (ALB) has a higher volatility of 16.97% compared to Materion Corporation (MTRN) at 14.66%. This indicates that ALB's price experiences larger fluctuations and is considered to be riskier than MTRN based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ALB | MTRN | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 16.97% | 14.66% | +2.31% |
Volatility (6M)Calculated over the trailing 6-month period | 42.66% | 33.70% | +8.96% |
Volatility (1Y)Calculated over the trailing 1-year period | 62.67% | 44.49% | +18.18% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.64% | 41.42% | +13.22% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 48.35% | 40.25% | +8.10% |
Dividends
ALB vs. MTRN - Dividend Comparison
ALB's dividend yield for the trailing twelve months is around 1.19%, more than MTRN's 0.23% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
ALB Albemarle Corporation | 1.19% | 1.15% | 1.87% | 1.11% | 0.73% | 0.67% | 1.04% | 2.01% | 1.74% | 1.00% | 1.42% | 2.07% |
MTRN Materion Corporation | 0.23% | 0.45% | 0.54% | 0.40% | 0.57% | 0.52% | 0.71% | 0.73% | 0.92% | 0.81% | 0.95% | 1.27% |
Financials
ALB vs. MTRN - Financials Comparison
This section allows you to compare key financial metrics between Albemarle Corporation and Materion Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ALB vs. MTRN - Profitability Comparison
ALB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported a gross profit of 500.97M and revenue of 1.43B. Therefore, the gross margin over that period was 35.1%.
MTRN - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Materion Corporation reported a gross profit of 81.84M and revenue of 549.82M. Therefore, the gross margin over that period was 14.9%.
ALB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported an operating income of 233.51M and revenue of 1.43B, resulting in an operating margin of 16.3%.
MTRN - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Materion Corporation reported an operating income of 28.18M and revenue of 549.82M, resulting in an operating margin of 5.1%.
ALB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Albemarle Corporation reported a net income of 277.40M and revenue of 1.43B, resulting in a net margin of 19.4%.
MTRN - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Materion Corporation reported a net income of 19.37M and revenue of 549.82M, resulting in a net margin of 3.5%.
Frequently Asked Questions
ALB and MTRN have a correlation of 0.37, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ALB has higher volatility (16.97%) compared to MTRN (14.66%). In terms of maximum drawdown, ALB dropped -83.90% vs MTRN's -87.53%.
MTRN currently has the higher Sharpe Ratio (4.70 vs 2.87), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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