MTXNYSEIndustrial Inorganic ChemicalsFiscal year ends December 31
MINERALS TECHNOLOGIES INC
Financials through Q2 FY2026, quarter ended Jul 5, 2026Last filing: 10-Q on Jul 31, 2026
$62.32−0.67 (-1.06%)
Close on Oct 19, 2026
- Market cap
- $1.94B
- P/E (TTM)
- –
- Dividend yield
- 0.72%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
25.0%−0.4 pts over 5 years
Operating margin
2.3%−9.5 pts over 5 years
Net margin
-0.9%−7.9 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -2.2% | -0.8% | +5.4% | +1.4% | |
| Gross profit | -5.4% | +3.7% | +5.0% | +1.0% | |
| Operating income | -83.5% | -39.6% | -24.1% | -13.4% | |
| Free cash flow | -41.0% | +54.7% | -13.0% | -7.3% | |
| Dividend per share | +9.8% | +31.0% | +17.6% | +8.4% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 13.9% | 7.9% | -1.1% | |
| Return on assets | 4.6% | 3.6% | -0.5% | |
| Current ratio | 2.54 | 3.49 | 2.08 | |
| Debt to equity | 1.08 | 0.64 | 0.56 | |
| Net debt to EBITDA | 2.83× | – | – | |
| Interest coverage | 4.1× | 4.9× | – | |
| Inventory turnover | 6.2× | 4.7× | 4.5× | |
| Capex to revenue | 3.8% | 4.2% | 5.2% | |
| Diluted shares | 35M | 34M | 31M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Minerals Technologies generated $1.00B from operations and spent $774.20M on capital expenditure, dividends and share buybacks. 59% of that went back into the business.
Generated
$1.00B
Used
$774.20M
Capital expenditure$458.40M59%Dividends$48.80M6%Share buybacks$267.00M34%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-0.9%
×Asset turnover0.60×
×Equity multiplier1.98×
=Return on equity, FY2025-1.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -0.9% | 0.60× | 1.98× | -1.1% |
| FY2024 | 7.9% | 0.63× | 1.98× | 9.8% |
| FY2023 | 3.9% | 0.64× | 2.09× | 5.2% |
| FY2022 | 5.7% | 0.63× | 2.17× | 7.8% |
| FY2021 | 8.8% | 0.56× | 2.19× | 11.0% |
| FY2020 | 7.0% | 0.50× | 2.21× | 7.9% |
| FY2019 | 7.4% | 0.58× | 2.25× | 9.6% |
| FY2018 | 9.3% | 0.60× | 2.33× | 13.0% |
| FY2017 | 11.6% | 0.57× | 2.58× | 17.3% |
| FY2016 | 8.1% | 0.56× | 3.05× | 13.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$18.40M
- Cash generatingOperating cash flow above zero$193.70M
- Return on assets improvedROA up on the prior year5.0% → -0.5%
- Earnings backed by cashOperating cash flow above net income$193.70M vs -$18.40M
- Less leverageLong-term debt to assets fell28.3% → 27.5%
- Better liquidityCurrent ratio rose2.84 → 2.08
- No dilutionShare count did not rise32M → 31M
- Gross margin improvedGross margin up on the prior year25.85% → 24.99%
- More efficientAsset turnover rose0.63 → 0.61