Minerals Technologies Inc. develops, produces, and markets various mineral, mineral-based products and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as cat litter under the SIVO brand name, personal care, fabric care, edible oil and renewable fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber-based packaging industries, as well as automotive, construction, consumer markets, and packaging applications. The Engineered Solutions segment provides high-temperature technology products consisting of custom-blended mineral and non-mineral products for casting auto and heavy truck parts, agriculture and construction equipment, municipal, infrastructure and other industrial castings markets; and environmental and infrastructure products comprising geosynthetic clay lining systems, vapor intrusion mitigation products, sub surface waterproofing systems, green roofs, wastewater remediation, drinking water purification technologies, and drilling products. In addition, this segment offers gunnable monolithic refractory products and application systems; monolithic refractory materials and pre-cast refractory shapes; refractory shapes and linings; carbon composites and pyrolitic graphite under PYROID brand; and filtration and well testing services. It markets its products primarily through its direct sales force, as well as regional distributors. The company operates 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.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $2.1B | $132M | $-18M | $87M | -1.1% | -2.2% | -111.0% |
| 2024 | $2.1B | $375M | $167M | $147M | 9.6% | -2.4% | 98.7% |
| 2023 | $2.2B | $262M | $84M | $140M | 5.1% | 2.1% | -31.2% |
| 2022 | $2.1B | $295M | $122M | $23M | 7.7% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 2,125.50 | 2,169.90 | 2,118.50 | 2,072.60 |
| Cost Of Revenue | - | 1,660.50 | 1,662.80 | 1,570.80 | 1,554.60 |
| Gross Profit | - | 465 | 507.10 | 547.70 | 518 |
| Operating Expense | - | 212.50 | 227.20 | 232.20 | 230.90 |
| Operating Income | - | 252.50 | 279.90 | 315.50 | 287.10 |
| EBITDA | - | 294.80 | 261.90 | 374.90 | 131.70 |
| EBIT | - | 200.60 | 166.90 | 280 | 40.50 |
| Pretax Income | - | 156.70 | 107.70 | 223.60 | -14 |
| Tax Provision | - | 32.10 | 23.70 | 59.40 | 4.90 |
| Net Income | - | 122.20 | 84.10 | 167.10 | -18.40 |
| Net Income Common Stockholders | - | 122.20 | 84.10 | 167.10 | -18.40 |
| Total Expenses | - | 1,873 | 1,890 | 1,803 | 1,785.50 |
| Interest Expense | - | 43.90 | 59.20 | 56.40 | 54.50 |
| Research And Development | - | 20.40 | 21.20 | 23 | 22.90 |
| Selling General And Administration | - | 192.10 | 206 | 209.20 | 208 |
| Normalized EBITDA | - | 339.40 | 370 | 405.70 | 371.40 |
| Normalized Income | - | 157.66 | 168.42 | 189.71 | 170.96 |
| Market Cap | 2,230.84 | 2,230.84 | 2,230.84 | 2,230.84 | 2,230.84 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Minerals Technologies Inc.this co. | MTX | - | -121.24 | 1.30 | -1.1% | 21.74 |
| Eastman Chemical Company | EMN | $8.2B | 17.37 | 1.38 | 8.0% | 9.58 |
| The Mosaic Company | MOS | $7.6B | 14.11 | 0.63 | 4.5% | 5.04 |
| Sensient Technologies Corporation | SXT | $5.2B | 38.96 | 4.39 | 11.3% | 22.05 |
| Warrior Met Coal, Inc. | HCC | $4.6B |
| - |
| - |
| - |
| - |
| - |
| - |
| 80.28 |
| 2.14 |
| 2.7% |
| 17.99 |
| Materion Corporation | MTRN | $3.9B | 51.68 | 4.10 | 7.9% | 24.19 |
| Hawkins, Inc. | HWKN | $3.6B | 42.30 | 7.75 | 18.3% | 23.30 |
| H.B. Fuller Company | FUL | $3.4B | 22.53 | 1.71 | 7.6% | 10.23 |
| WD-40 Company | WDFC | $3.1B | 33.27 | 11.29 | 33.9% | 27.08 |
| Peer Median | - | 36.11 | 3.12 | 7.9% | 20.02 | |