• Home
  •  / Minerals Technologies

Minerals Technologies

OverviewSuggest Edit

Minerals Technologies is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. The Company's Specialty Minerals segment produces and sells synthetic mineral product precipitated calcium carbonate, mines mineral ores, and processes and sells natural mineral products. Its Performance Materials segment is a supplier of bentonite and bentonite-related products, as well as chromite and leonardite. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment, as well as calcium metal and metallurgical wire products. The Company's Energy Services segment provides services to improve the production, costs, compliance, and environmental impact of activities performed in the oil and gas industry.

TypePublic
Founded1992
HQNew York, USMap
Websitemineralstech.com
Employee Ratings2.8More
View Jobs (23)

Recent NewsAll News

Latest Updates

Employees (est.) (Dec 2019)3,628(-2%)
Job Openings23
Revenue (FY, 2018)$1.8 B(+8%)
Share Price (Sept 2020)$48.5 (+3%)
Cybersecurity ratingCMore

Key People/Management at Minerals Technologies

Douglas T. Dietrich

Douglas T. Dietrich

Chief Executive Officer​, Director
Duane R. Dunham

Duane R. Dunham

Chairman of the Board
D.J. Monagle, III

D.J. Monagle, III

Group President, Specialty Minerals and Refractories
Matthew E. Garth

Matthew E. Garth

Senior Vice President, Finance and Treasury, Chief Financial Officer
Alison A. Deans

Alison A. Deans

Director
John J. Carmola

John J. Carmola

Director
Show more

Minerals Technologies Office Locations

Minerals Technologies has offices in New York, Aberdeen, Adams, Albion and in 58 other locations
New York, US (HQ)
622 3rd Ave
Aberdeen, US
Aberdeen, MS 39730, USA
Adams, US
Adams, MA, USA
Albion, US
Albion, MI 49224, USA
Archbold, US
Archbold, OH 43502, USA
Baton Rouge, US
Baton Rouge, LA, USA
Show all (63)

Minerals Technologies Financials and Metrics

Minerals Technologies Revenue

Minerals Technologies's revenue was reported to be $1.81 b in FY, 2018
USD

Revenue (Q2, 2020)

357.2m

Gross profit (Q2, 2020)

88.9m

Gross profit margin (Q2, 2020), %

24.9%

Net income (Q2, 2020)

14.9m

EBIT (Q2, 2020)

27.2m

Market capitalization (22-Sept-2020)

1.7b

Closing stock price (22-Sept-2020)

48.5

Cash (28-Jun-2020)

232.8m

EV

2.3b
Minerals Technologies's current market capitalization is $1.7 b.
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

1.0b1.0b1.0b1.0b1.7b1.8b1.6b1.7b1.8b

Revenue growth, %

69%4%(9%)2%

Cost of goods sold

793.2m832.7m786.2m1.2b1.1b1.2b1.3b1.4b

Gross profit

209.2m212.2m219.4m607.6m520.3m467.2m461.4m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Revenue

255.8m249.8m262.5m268.4m262.2m257.1m254.0m250.3m251.3m256.8m254.2m244.4m421.1m543.5m453.3m463.4m451.0m399.5m410.2m427.0m405.0m414.1m424.4m896.0m464.1m437.7m463.8m449.3m417.5m357.2m

Cost of goods sold

200.7m197.6m209.6m214.7m209.3m202.2m197.6m195.3m196.4m198.0m194.3m189.1m285.1m337.8m292.9m300.6m302.4m272.0m277.6m291.2m279.0m282.7m305.2m344.9m328.0m351.8m338.1m310.7m268.3m

Gross profit

55.0m52.2m52.9m53.7m52.9m54.9m56.3m55.0m54.9m58.8m59.9m55.3m136.0m205.7m160.4m162.8m148.6m127.5m132.6m135.8m126.0m131.4m119.2m119.2m109.7m112.0m111.2m106.8m88.9m

Gross profit Margin, %

22%21%20%20%20%21%22%22%22%23%24%23%32%38%35%35%33%32%32%32%31%32%28%26%25%24%25%26%25%
show all
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

395.2m454.1m490.3m249.6m229.4m188.5m212.2m208.8m241.6m

Accounts Receivable

194.3m193.3m383.0m387.3m376.2m

Prepaid Expenses

21.6m18.3m30.1m32.0m35.4m

Inventories

90.8m84.6m89.2m211.8m194.9m186.9m219.3m239.2m253.3m
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2019Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Cash

336.8m361.9m380.8m396.1m382.5m415.0m421.5m449.1m454.3m458.1m469.7m493.0m191.2m202.7m193.9m224.5m224.9m199.7m211.9m201.6m168.5m177.7m211.7m223.2m203.0m206.9m202.7m214.5m214.3m232.8m

Accounts Receivable

178.5m187.4m193.6m200.7m197.8m198.1m196.5m194.2m197.8m205.9m207.2m217.3m461.1m443.7m414.8m406.2m385.7m363.9m365.6m374.9m380.2m378.8m389.1m398.6m410.5m406.4m411.9m403.8m382.7m336.8m

Prepaid Expenses

28.3m23.9m20.5m20.3m21.0m18.4m16.9m36.0m37.2m38.5m36.1m41.1m44.9m44.8m39.6m

Inventories

81.7m90.6m89.3m97.7m97.5m89.6m90.6m93.1m88.8m89.0m90.3m91.6m243.5m233.7m207.4m209.0m203.6m209.1m197.2m197.5m196.3m211.9m221.2m221.2m243.4m254.4m269.8m
show all
Annual
USDFY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

66.9m67.5m74.1m83.5m95.5m111.6m137.1m199.0m173.2m136.4m

Depreciation and Amortization

64.0m58.2m51.2m47.3m84.4m98.3m91.9m91.0m94.3m98.4m

Inventories

3.7m(7.3m)6.7m(6.5m)19.5m3.1m3.1m25.2m(14.7m)

Accounts Payable

6.4m24.8m(5.2m)(776.0k)16.0m(9.7m)(4.8m)28.0m(11.2m)(5.1m)
Quarterly
USDQ2, 2010Q3, 2010Q1, 2011Q2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2019Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020

Net Income

34.3m51.0m15.8m32.2m47.9m18.0m37.7m56.4m18.8m35.9m22.6m16.3m19.4m37.8m36.0m27.5m30.3m42.5m34.8m22.3m35.6m77.6m122.3m86.3m40.0m67.6m106.7m39.6m54.5m

Depreciation and Amortization

33.3m49.5m14.7m29.2m43.7m13.0m25.5m37.5m11.6m23.5m43.2m67.0m44.5m71.0m24.5m48.9m73.6m22.9m

Inventories

209.0m203.6m209.1m197.2m197.5m196.3m

Accounts Payable

183.3m176.3m155.8m159.8m156.4m147.3m
show all
USDQ2, 2011

Financial Leverage

1.4 x
Show all financial metrics

Minerals Technologies Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

Learn more about about our premium products
SecurityScorecard logo

Minerals Technologies Revenue Breakdown

Embed Graph

Minerals Technologies revenue breakdown by business segment: 43.9% from Perfomance Materials, 34.9% from Specialty Minerals, 16.7% from Refractories and 4.6% from Other

Minerals Technologies revenue breakdown by geographic segment: 20.8% from Europe/Africa, 56.1% from United States, 18.2% from Asia and 4.9% from Other

Minerals Technologies Online and Social Media Presence

Minerals Technologies's Trends

Embed Graph

Minerals Technologies News and Updates

September 14, 2020

Minerals Technologies to Participate in CL King’s Best Ideas Conference on September 16, 2020

NEW YORK, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that Douglas Dietrich, Chief Executive Officer, and Matthew Garth, Chief Financial Officer, will participate in a virtual fireside chat at CL King’s 18th Annual Best Ideas C…
August 31, 2020

Minerals Technologies Names Erin N. Cutler Vice President, Human Resources

NEW YORK, Aug. 31, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that Erin N. Cutler has been named Vice President, Human Resources, effective immediately. Cutler, who will lead all aspects of MTI’s global human resources function, will re…
July 28, 2020

Minerals Technologies Publishes 2019 Corporate Responsibility and Sustainability Report

Details Progress Advancing Long-Term Environmental Targets Details Progress Advancing Long-Term Environmental Targets
July 13, 2020

Minerals Technologies Announces Second Quarter 2020 Conference Call

NEW YORK, July 13, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its second quarter ended June 28, 2020 on Thursday, July 30, 2020 after the market close. The Company will host a conference call on Friday, …
June 23, 2020

Minerals Technologies Announces Private Offering of $400 Million of Senior Notes

NEW YORK, June 23, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced the commencement of a private offering (the “Offering”) of $400 million aggregate principal amount of senior notes due 2028 (the “Notes”), subject to market and other conditi…
June 16, 2020

Minerals Technologies Signs Agreement with Phoenix Paper to Rebuild and Operate a 35,000 Ton Per Year Satellite PCC Plant in U.S.

NEW YORK, June 16, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it has signed an agreement with Phoenix Paper LLC to re-establish a 35,000 ton per year satellite precipitated calcium carbonate (PCC) plant at its paper mill in Wicklif…
Show more

Minerals Technologies Blogs

April 13, 2020

Q1 2020 Minerals Technologies Inc. Earnings Conference Call

Q1 2020 Minerals Technologies Inc. Earnings Conference Call James.Jordan@n… Mon, 04/13/2020 - 09:09 Q1 2020 Minerals Technologies Inc. Earnings Conference Call Display "add to calendar" true Event Type Earnings Conference Call …
April 08, 2020

Minerals Technologies Provides COVID-19 Business Update

NEW YORK , April 08, 2020 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced business and financial updates in response to the coronavirus (COVID-19) global pandemic. Preliminary First Quarter 2020 Financial Results MTI expects first quarter 2020
January 30, 2020

Minerals Technologies Reports Fourth Quarter 2019 Earnings of $0.83 Per Share, or $0.95 Per Share, Excluding Special Items

Company Reports 2019 Earnings per Share of $3.78; Earnings per Share of $4.23, Excluding Special Items Fourth Quarter and Full Year Highlights: Fourth Quarter Sales of $440 Million ; $1.791 Billion in Full Year Strong Operating Cash Flow of $80 Million in Fourth Quarter; $238 Million in Full Year,
January 13, 2020

Minerals Technologies Announces Fourth Quarter 2019 Conference Call

Minerals Technologies Announces Fourth Quarter 2019 Conference Call Content Import Mon, 01/13/2020 - 09:02 Minerals Technologies Announces Fourth Quarter 2019 Conference Call January 13, 2020 This release is a backfill from a News Wire General …
October 24, 2019

Minerals Technologies Announces New $75 Million Share Repurchase Program

NEW YORK , Oct. 24, 2019 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that its Board of Directors has authorized a new, one-year $75 million share repurchase program, effective immediately. This repurchase program replaces the previous program
July 31, 2019

Minerals Technologies Publishes 2018 Corporate Responsibility and Sustainability Report

Minerals Technologies Publishes 2018 Corporate Responsibility and Sustainability Report Content Import Wed, 07/31/2019 - 16:07 Minerals Technologies Publishes 2018 Corporate Responsibility and Sustainability Report July 31, 2019 This release is a backfill from a News Wire …
Show more

 Minerals Technologies Frequently Asked Questions

  • When was Minerals Technologies founded?

    Minerals Technologies was founded in 1992.

  • Who are Minerals Technologies key executives?

    Minerals Technologies's key executives are Douglas T. Dietrich, Duane R. Dunham and D.J. Monagle, III.

  • How many employees does Minerals Technologies have?

    Minerals Technologies has 3,628 employees.

  • Who are Minerals Technologies competitors?

    Competitors of Minerals Technologies include Vulcan Materials Company, Hecla Mining Company and Martin Marietta Materials.

  • Where is Minerals Technologies headquarters?

    Minerals Technologies headquarters is located at 622 3rd Ave, New York.

  • Where are Minerals Technologies offices?

    Minerals Technologies has offices in New York, Aberdeen, Adams, Albion and in 58 other locations.

  • How many offices does Minerals Technologies have?

    Minerals Technologies has 63 offices.