Minerals Technologies Inc. (MTX) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 546.9M | 519.5M | 532.4M | 528.9M | 491.8M | 518.1M | 524.7M | 541.2M | 534.5M | 524.5M | 547.8M | 551.5M | 546.1M | 507.6M | 541.9M | 557M | 519.1M | 476.9M | 473.2M | 455.6M |
| Revenue Growth % | 11.2% | 0.27% | 1.47% | -2.27% | -7.99% | -1.22% | -4.22% | -1.87% | -2.12% | 3.33% | 1.09% | -0.99% | 5.2% | 6.44% | 14.52% | 22.26% | 14.69% | 10.44% | 21.86% | 27.55% |
| Cost of Goods Sold | 0 | 395M | 395.4M | 392M | 372.2M | 385.4M | 389.5M | 397.3M | 398.6M | 399.2M | 414.7M | 423.5M | 425.4M | 409.9M | 423.6M | 429.7M | 397.4M | 370.9M | 359.9M | 340.2M |
| COGS % of Revenue | - | 76.03% | 74.27% | 74.12% | 75.68% | 74.39% | 74.23% | 73.41% | 74.57% | 76.11% | 75.7% | 76.79% | 77.9% | 80.75% | 78.17% | 77.15% | 76.56% | 77.77% | 76.06% | 74.67% |
| Gross Profit | 0 | 124.5M | 137M | 136.9M | 119.6M | 132.7M | 135.2M | 143.9M | 135.9M | 125.3M | 133.1M | 128M | 120.7M | 97.7M | 118.3M | 127.3M | 121.7M | 106M | 113.3M | 115.4M |
| Gross Margin % | - | 23.97% | 25.73% | 25.88% | 24.32% | 25.61% | 25.77% | 26.59% | 25.43% | 23.89% | 24.3% | 23.21% | 22.1% | 19.25% | 21.83% | 22.85% | 23.44% | 22.23% | 23.94% | 25.33% |
| Gross Profit Growth % | -100% | -6.18% | 1.33% | -4.86% | -11.99% | 5.91% | 1.58% | 12.42% | 12.59% | 28.25% | 12.51% | 0.55% | -0.82% | -7.83% | 4.41% | 10.31% | 8.86% | -4.76% | 15.14% | 29.81% |
| Operating Expenses | 6.1M | 62.5M | 58.6M | 57.9M | 56.4M | 58.5M | 56M | 89.1M | 58.6M | 56.1M | 56.1M | 57.4M | 57.6M | 53.7M | 51.1M | 53.8M | 53.9M | 51.3M | 50.1M | 51.3M |
| OpEx % of Revenue | 1.12% | 12.03% | 11.01% | 10.95% | 11.47% | 11.29% | 10.67% | 16.46% | 10.96% | 10.7% | 10.24% | 10.41% | 10.55% | 10.58% | 9.43% | 9.66% | 10.38% | 10.76% | 10.59% | 11.26% |
| Selling, General & Admin | 0 | 52.2M | 53M | 52.2M | 50.6M | 52.8M | 50.1M | 83.3M | 53M | 51M | 50.9M | 51.8M | 52.3M | 48.5M | 46M | 48.8M | 48.8M | 46.3M | 45.5M | 46.4M |
| SG&A % of Revenue | - | 10.05% | 9.95% | 9.87% | 10.29% | 10.19% | 9.55% | 15.39% | 9.92% | 9.72% | 9.29% | 9.39% | 9.58% | 9.55% | 8.49% | 8.76% | 9.4% | 9.71% | 9.62% | 10.18% |
| Research & Development | 6.1M | 5.8M | 5.6M | 5.7M | 5.8M | 5.7M | 5.9M | 5.8M | 5.6M | 5.1M | 5.2M | 5.6M | 5.3M | 5.2M | 5.1M | 5M | 5.1M | 5M | 4.6M | 4.9M |
| R&D % of Revenue | 1.12% | 1.12% | 1.05% | 1.08% | 1.18% | 1.1% | 1.12% | 1.07% | 1.05% | 0.97% | 0.95% | 1.02% | 0.97% | 1.02% | 0.94% | 0.9% | 0.98% | 1.05% | 0.97% | 1.08% |
| Other Operating Expenses | 0 | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 58.7M | 62M | 78.4M | 79M | 63.2M | 74.2M | 79.2M | 54.8M | 77.3M | 69.2M | 77M | 70.6M | 63.1M | 44M | 67.2M | 73.5M | 67.8M | 54.7M | 63.2M | 64.1M |
| Operating Margin % | 10.73% | 11.93% | 14.73% | 14.94% | 12.85% | 14.32% | 15.09% | 10.13% | 14.46% | 13.19% | 14.06% | 12.8% | 11.55% | 8.67% | 12.4% | 13.2% | 13.06% | 11.47% | 13.36% | 14.07% |
| Operating Income Growth % | -7.12% | -16.44% | -1.01% | 44.16% | -18.24% | 7.23% | 2.86% | -22.38% | 22.5% | 57.27% | 14.58% | -3.95% | -6.93% | -19.56% | 6.33% | 14.66% | 15.31% | -4.2% | 22.72% | 52.62% |
| EBITDA | 58.7M | 85.3M | 104.7M | 104.9M | 90.6M | 98.5M | 105.9M | 82.4M | 104.2M | 96.2M | 104.9M | 97.7M | 90.2M | 70.3M | 93.8M | 100.3M | 95.1M | 81.8M | 89.9M | 90.4M |
| EBITDA Margin % | 10.73% | 16.42% | 19.67% | 19.83% | 18.42% | 19.01% | 20.18% | 15.23% | 19.49% | 18.34% | 19.15% | 17.72% | 16.52% | 13.85% | 17.31% | 18.01% | 18.32% | 17.15% | 19% | 19.84% |
| EBITDA Growth % | -35.21% | -13.4% | -1.13% | 27.31% | -13.05% | 2.39% | 0.95% | -15.66% | 15.52% | 36.84% | 11.83% | -2.59% | -5.15% | -14.06% | 4.34% | 10.95% | 10.58% | -2.39% | 14.52% | 31.97% |
| D&A (Non-Cash Add-back) | 0 | 23.3M | 26.3M | 25.9M | 27.4M | 24.3M | 26.7M | 27.6M | 26.9M | 27M | 27.9M | 27.1M | 27.1M | 26.3M | 26.6M | 26.8M | 27.3M | 27.1M | 26.7M | 26.3M |
| EBIT | 0 | 60.9M | 78.4M | 79M | 63.2M | 83.8M | 73.5M | 49.5M | 75M | 65M | -7.3M | 48.5M | 61.9M | 40.8M | 28.1M | 66.7M | 65.8M | 60.2M | 59.7M | 61.4M |
| Net Interest Income | 0 | -12.9M | -13.8M | -13.6M | -14.2M | -12.6M | -14M | -14.9M | -14.9M | -15.2M | -15.3M | -14.5M | -14.2M | -12.7M | -11M | -10.4M | -9.8M | -9M | -9.2M | -9.1M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 1.8M | 0 | 0 | 0 | 1.2M | 0 | 0 | 0 | 700K | 0 | 0 | 0 | 1.1M | 0 | 0 |
| Interest Expense | -13.3M | 12.9M | 13.8M | 13.6M | 14.2M | 14.4M | 14M | 14.9M | 14.9M | 16.4M | 15.3M | 14.5M | 14.2M | 13.4M | 11M | 10.4M | 9.8M | 10.1M | 9.2M | 9.1M |
| Other Income/Expense | -12.8M | -14M | -20.7M | -18.8M | -238.3M | -3.3M | -17.8M | -18.3M | -15.8M | -19.2M | -98.6M | -35.5M | -14.5M | -16.3M | -49.4M | -16.6M | -11.7M | -3.7M | -11.9M | -11.3M |
| Pretax Income | 45.9M | 48M | 57.7M | 60.2M | -175.1M | 70.9M | 61.4M | 36.5M | 61.5M | 50M | -21.6M | 35.1M | 48.6M | 27.7M | 17.8M | 56.9M | 56.1M | 51M | 51.3M | 52.8M |
| Pretax Margin % | 8.39% | 9.24% | 10.84% | 11.38% | -35.6% | 13.68% | 11.7% | 6.74% | 11.51% | 9.53% | -3.94% | 6.36% | 8.9% | 5.46% | 3.28% | 10.22% | 10.81% | 10.69% | 10.84% | 11.59% |
| Income Tax | 9.9M | 9.6M | 13.5M | 13.9M | -32.1M | 16.2M | 13.7M | 15.6M | 13.9M | 9.2M | -3.5M | 7.5M | 10.5M | 6.3M | 3.2M | 11.4M | 11.2M | 9M | 8.9M | 9.8M |
| Effective Tax Rate % | 21.57% | 20% | 23.4% | 23.09% | 18.33% | 22.85% | 22.31% | 42.74% | 22.6% | 18.4% | 16.2% | 21.37% | 21.6% | 22.74% | 17.98% | 20.04% | 19.96% | 17.65% | 17.35% | 18.56% |
| Net Income | 36.2M | 37.1M | 43M | 45.4M | -144M | 54M | 46.7M | 19.7M | 46.7M | 39.8M | -19.2M | 26.6M | 37M | 20M | 13.4M | 44.9M | 44.1M | 41.1M | 41.4M | 41.9M |
| Net Margin % | 6.62% | 7.14% | 8.08% | 8.58% | -29.28% | 10.42% | 8.9% | 3.64% | 8.74% | 7.59% | -3.5% | 4.82% | 6.78% | 3.94% | 2.47% | 8.06% | 8.5% | 8.62% | 8.75% | 9.2% |
| Net Income Growth % | 125.14% | -31.3% | -7.92% | 130.46% | -408.35% | 35.68% | 343.23% | -25.94% | 26.22% | 99% | -243.28% | -40.76% | -16.1% | -51.34% | -67.63% | 7.16% | 10.53% | 32.15% | 46.29% | 190.97% |
| Net Income (Continuing) | 36.2M | 38.4M | 44.2M | 46.3M | -143M | 54.7M | 47.7M | 20.9M | 47.6M | 40.8M | -18.1M | 27.6M | 38.1M | 21.4M | 14.6M | 45.5M | 44.9M | 42M | 42.4M | 43M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 36.3M | 34.3M | 34M | 36.6M | 36.2M | 38.8M | 34.9M | 34.8M | 34.7M | 33.5M | 35M | 35.2M | 33.7M | 33.6M | 33.5M | 41M | 40.2M | 39.3M | 39.2M |
| EPS (Diluted) | 1.17 | 1.19 | 1.37 | 1.44 | -4.51 | 1.68 | 1.45 | 0.61 | 1.44 | 1.22 | -0.59 | 0.82 | 1.14 | 0.62 | 0.41 | 1.36 | 1.33 | 1.23 | 1.22 | 1.23 |
| EPS Growth % | 125.94% | -29.17% | -5.52% | 136.07% | -413.19% | 37.7% | 345.76% | -25.61% | 26.32% | 96.77% | -243.9% | -39.71% | -14.29% | -49.59% | -66.39% | 10.57% | 13.68% | 35.16% | 46.99% | 192.86% |
| EPS (Basic) | 1.17 | 1.19 | 1.37 | 1.44 | -4.51 | 1.69 | 1.45 | 0.61 | 1.45 | 1.22 | -0.59 | 0.82 | 1.14 | 0.62 | 0.41 | 1.37 | 1.33 | 1.23 | 1.24 | 1.24 |
| Diluted Shares Outstanding | 31M | 31.1M | 31.3M | 31.6M | 31.9M | 32.3M | 32.3M | 32.4M | 32.4M | 32.5M | 32.5M | 32.6M | 32.5M | 32.5M | 32.6M | 32.9M | 33.2M | 33.5M | 33.8M | 34.1M |
| Basic Shares Outstanding | 31M | 31.1M | 31.3M | 31.6M | 31.9M | 32.1M | 32.1M | 32.2M | 32.3M | 32.5M | 32.5M | 32.5M | 32.5M | 32.5M | 32.68M | 32.8M | 33.1M | 33.3M | 33.5M | 33.7M |
| Dividend Payout Ratio | - | 10.24% | 7.91% | 7.49% | - | 6.48% | 6.85% | 16.75% | 6.85% | 8.04% | - | 6.39% | 4.32% | 8% | 11.94% | 3.79% | 3.63% | 4.14% | 4.11% | 4.06% |