Minerals Technologies Inc. (MTX) Financials

NYSE:MTX

Market Cap

1.80B

Total Revenue

2.13B

Gross Profit

465.00M

Operating Income

152.30M

Net Income

122.20M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	1,018,181,000	1,725,000,000	1,797,600,000	1,638,000,000	1,675,700,000	1,807,600,000	1,791,000,000	1,594,800,000	1,858,300,000	2,125,500,000
costOfRevenue	784,536,000	1,289,600,000	1,326,600,000	1,177,600,000	1,208,500,000	1,346,200,000	1,350,400,000	1,189,400,000	1,411,800,000	1,660,500,000
grossProfit	233,645,000	435,400,000	471,000,000	460,400,000	467,200,000	461,400,000	440,600,000	405,400,000	446,500,000	465,000,000
researchAndDevelopmentExpenses	20,053,000	24,400,000	23,600,000	23,800,000	23,700,000	22,700,000	20,300,000	19,900,000	19,500,000	20,400,000
sellingAndMarketingExpenses	89,231,000	177,400,000	182,300,000	179,400,000	182,400,000	178,600,000	187,500,000	--	186,200,000	192,100,000
generalAndAdministrativeExpenses	-2,491,000	-2,300,000	--	--	--	--	--	--	--	--
sellingGeneralAndAdministrativeExpenses	86,740,000	175,100,000	182,300,000	179,400,000	182,400,000	178,600,000	187,500,000	176,500,000	186,200,000	192,100,000
operatingExpenses	106,793,000	204,300,000	213,700,000	203,200,000	206,100,000	201,300,000	207,800,000	196,400,000	205,700,000	212,500,000
operatingIncome	126,852,000	168,800,000	200,300,000	220,900,000	242,700,000	255,900,000	128,100,000	103,200,000	141,500,000	152,300,000
totalOtherIncomeExpensesNet	-2,800,000	-66,300,000	-63,800,000	-32,500,000	-26,800,000	-10,100,000	29,200,000	34,800,000	60,800,000	4,400,000
ebitda	129,110,000	237,700,000	262,800,000	352,900,000	256,600,000	250,800,000	226,500,000	197,100,000	236,100,000	246,500,000
depreciationAndAmortization	47,289,000	4,800,000	7,800,000	91,900,000	91,000,000	94,300,000	98,400,000	93,900,000	94,600,000	94,200,000
interestIncome	3,000,000	--	--	--	--	2,100,000	2,300,000	--	3,400,000	3,400,000
interestExpense	3,300,000	41,800,000	60,900,000	54,400,000	43,400,000	48,000,000	45,500,000	38,200,000	40,600,000	47,300,000
incomeBeforeTax	123,710,000	123,000,000	132,600,000	170,300,000	190,900,000	204,100,000	157,300,000	138,000,000	202,300,000	156,700,000
incomeTaxExpense	34,515,000	30,800,000	22,800,000	35,300,000	-6,600,000	34,400,000	22,800,000	24,400,000	36,600,000	32,100,000
netIncome	80,330,000	92,400,000	107,900,000	133,400,000	195,100,000	169,000,000	132,700,000	112,400,000	164,400,000	122,200,000
eps	2.32	2.68	3.11	3.82	5.54	4.79	3.79	3.29	4.89	3.74
epsdiluted	2.3	2.65	3.08	3.79	5.48	4.75	3.78	3.29	4.86	3.73
weightedAverageShsOut	34,690,000	34,500,000	34,700,000	34,900,000	35,200,000	35,300,000	35,000,000	34,200,000	33,600,000	32,700,000
weightedAverageShsOutDil	34,976,000	34,800,000	35,000,000	35,200,000	35,600,000	35,600,000	35,100,000	34,200,000	33,800,000	32,800,000
costAndExpenses	891,329,000	1,493,900,000	1,540,300,000	1,380,800,000	1,414,600,000	1,547,500,000	1,558,200,000	1,385,800,000	1,617,500,000	1,873,000,000
otherExpenses	-700,000	1,800,000	-2,300,000	3,800,000	-4,500,000	-11,400,000	-8,600,000	-11,900,000	-8,100,000	-9,400,000

Key Facts

Industry

Specialty Chemicals

Sector

Basic Materials

Headquarters

New York, NY, US

Website

mineralstech.com

CEO

Mr. Douglas T. Dietrich

Employees

4070

About the Company

Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company operates through three segments: Performance Materials, Specialty Minerals and Refractories. The Performance Materials segment supplies bentonite and bentonite-related products, as well as leonardite. This segment also offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials. In addition, it provides products for non-residential construction, environmental, and infrastructure projects, as well as for construction and remediation project customers. The Specialty Minerals segment produces and sells precipitated calcium carbonate and quicklime; and provides natural mineral products comprising limestone and talc. This segment's products are used in paper and packaging, building materials, paint and coatings, glass, ceramic, polymer, food, automotive, and pharmaceutical industries. The Refractories segment offers monolithic and shaped refractory materials; specialty products, services, and application and measurement equipment; and calcium metal and metallurgical wire products that are used in the applications of steel, non-ferrous metal, and glass industries. The company markets its products primarily through its direct sales force, as well as regional distributors. It serves in the United States, Canada, Latin America, Europe, Africa, and Asia. Minerals Technologies Inc. was incorporated in 1968 and is headquartered in New York, New York.