profit from every £100 of sales.
£0£100
Morgan Advanced Materials
£2.70+0.19% today
+35.6% in 1 year
1-year low £1.871-year high £2.90
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay £35.31 for every £1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Morgan Advanced Materials sold, what it kept, and what it did with the cash.
Sales went from £1.11 billion in 2022 to £997 million in 2025, with £21.1 million of profit last year.
SalesProfit
Morgan Advanced Materials handed back more cash to shareholders than it generated last year.
Buybacks £19M£34M
Free cash flow 2025£51M
Bought back its own shares£19M
Paid as dividends£34M
Cash vs. debt£79M vs. £360M
Morgan Advanced Materials vs. similar companies
Morgan Advanced Materials grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from £100 of sales | Sales growth a year | Price per £1 of profit |
|---|---|---|---|
| Morgan Advanced Materials | 35.3× · Expensive | ||
 GE Vernova | 43.2× · Expensive | ||
 Schneider Electric S.E. | 33.2× · Expensive | ||
 Eaton | 33.7× · Expensive | ||
 Parker-Hannifin | 33.4× · Expensive |
AI analysis
An AI analyst reads Morgan Advanced Materials's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 1,112 | 1,115 | 1,060 | 997 | |
| 808 | 812 | 785 | 701 | |
| 144 | 119 | 119 | 93 | |
| 185 | 139 | 146 | 91 | |
| 88 | 47 | 50 | 21 | |
| 0.31 | 0.17 | 0.18 | – | |
| 72.7% | 72.8% | 74.0% | 70.3% | |
| 13.0% | 10.7% | 11.2% | 9.4% | |
| 7.9% | 4.2% | 4.7% | 2.1% |
Balance sheet
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 1,020 | 1,038 | 1,077 | 985 |
| Cash | 114 | 123 | 121 | 79 |
| Total debt | 318 | 356 | 394 | 360 |
| Total liabilities | 591 | 640 | 688 | 636 |
| 389 | 360 | 354 | 317 | |
| 287 | 287 | 287 | – | |
| 15.1% | 10.0% | 10.2% | 5.3% | |
| 22.6% | 13.1% | 14.2% | 6.7% |
Cash flow
| In millions of GBP | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 19 | 79 | 113 | 118 | |
| 58 | 60 | 96 | 67 | |
| -39 | 18 | 17 | 51 | |
| Dividends paid | 32 | 34 | 35 | 34 |
| 3 | 5 | 8 | 19 | |
| 5 | 3 | 3 | 2 |
Valuation
- 35.3×
- –
- –
- 2.0×
- 0.7×
- 14.7×
- 11.3×
- 6.8%
- 2.8%
- 4.6%
Profitability
- 70.3%
- 9.4%
- 2.1%
- –
- 5.3%
- 10.2%
- –
- –
- –
- –
Growth
- −3.6%
- –
- –
- –
- +0.0%
Financial health
- 3.1×
- 1.14
- –
- 1.9×
- 1.23
- –
- –
How it ranks in Industrials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 30%of 980
Top 48%of 984
Bottom 22%of 864
Bottom 8%of 984
Top 24%of 986
4.6%of the share price, paid each year
On $1,000 invested$46a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
161.6% of its profit
Room to growStretchedMore than it earns: 67.3%
News
Morgan Stanley issues strong opinion on S&P 500Yahoo Finance · Nov 10, 2026Oil prices are set to decline, benefiting equities into 2027 – Morgan Stanley’s Mike WilsonSeeking Alpha · Nov 9, 2026The market’s correction is entering its final phase — but wait before buying the dip, says Morgan Stanley chief strategistMarketWatch · Nov 9, 2026Morgan Stanley Says $300. Michael Burry Says Overvalued. Here's Who Is Right About SpaceX Stock.Yahoo Finance · Nov 8, 2026Morgan Stanley Tokenizes U.S. EquitiesYahoo Finance · Nov 4, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
46No pass
Benjamin Graham
46No pass
Philip Fisher
48No pass
Peter Lynch
28No pass
Joel Greenblatt
20No pass
Charlie Munger
34No pass
Terry Smith
38No pass
Questions about Morgan Advanced Materials
Is Morgan Advanced Materials a good stock to buy?
A business with weak numbers, but the price is high. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Morgan Advanced Materials AI analysis
What does Morgan Advanced Materials do?
Morgan Advanced Materials plc manufactures and sells various carbon and ceramic products. The company operates through Thermal Products, Performance Carbon, and Technical Ceramics segments. It is in Specialty Industrial Machinery, based in Windsor, United Kingdom, with 8,088 employees.
Does Morgan Advanced Materials pay a dividend?
Yes. At today's price the dividend is 4.6% a year, about 162% of its yearly profit. In 2025 it paid out £34.1 million in dividends.
Is Morgan Advanced Materials stock halal?
No. Morgan Advanced Materials does not pass our halal screen: its debt is 48% of its market value, at or above the 33% limit. How we check
How has Morgan Advanced Materials stock done over the past year?
Up 35.6% over the past twelve months, to £2.70. It traded between £1.87 and £2.90 and is 7.1% below its high.
Who are Morgan Advanced Materials's competitors?
The largest listed companies in the same industry are GE Vernova, Schneider Electric S.E., Eaton and Parker-Hannifin. The peers table on this page compares their profit, growth and price with Morgan Advanced Materials's.
Prices: daily closes to Nov 10, 2026. Fundamentals: company reports via invest-like data.