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, US
Websitemineralstech.com
Employee Ratings2.6

Latest Updates

Employees (est.) (Dec 2018)3,720(+2%)
Job Openings31
Revenue (FY, 2017)$1.7 B(+3%)
Share Price (Jun 2019)$57.3

Key People/Management at Minerals Technologies

Douglas T. Dietrich

Douglas T. Dietrich

Chief Executive Officer​
D.j. Monagle

D.j. Monagle

Group President, Specialty Minerals and Refractories
Matthew E. Garth

Matthew E. Garth

Senior Vice President, Finance and Treasury, and Chief Financial Officer
Jonathan J. Hastings

Jonathan J. Hastings

Group President, Performance Materials
Douglas W. Mayger

Douglas W. Mayger

Senior Vice President and Director, ​​MTI Supply Chain​
Brett Argirakis

Brett Argirakis

Vice President and Managing Director, Minteq International Inc.
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Minerals Technologies Office Locations

Minerals Technologies has offices in New York, Longview, Eastover, Cloquet 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
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Minerals Technologies Financials and Metrics

Minerals Technologies Revenue

Minerals Technologies's revenue was reported to be $1.68 b in FY, 2017 which is a 2.3% increase from the previous period.
USD

Net income (Q1, 2019)

40.0m

EBIT (Q1, 2019)

62.0m

Market capitalization (10-Jun-2019)

2.0b

Closing stock price (10-Jun-2019)

57.3
Minerals Technologies's current market capitalization is $2 b.
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

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

Revenue growth, %

69%4%(9%)2%

Cost of goods sold

1.2b1.1b1.2b

Gross profit

607.6m520.3m467.2m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q2, 2019Q1, 2019

Revenue

254.2m244.4m421.1m543.5m453.3m463.4m451.0m399.5m410.2m427.0m405.0m414.1m896.0m

Cost of goods sold

194.3m189.1m285.1m337.8m292.9m300.6m302.4m272.0m277.6m291.2m279.0m282.7m328.0m

Gross profit

59.9m55.3m136.0m205.7m160.4m162.8m148.6m127.5m132.6m135.8m126.0m131.4m

Gross profit Margin, %

24%23%32%38%35%35%33%32%32%32%31%32%
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Cash

490.3m249.6m229.4m188.5m212.2m

Accounts Receivable

383.0m

Prepaid Expenses

30.1m

Inventories

89.2m211.8m194.9m186.9m219.3m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2017Q3, 2018Q2, 2019Q3, 2018Q1, 2019

Cash

469.7m493.0m191.2m202.7m193.9m224.5m224.9m199.7m211.9m201.6m168.5m177.7m203.0m

Accounts Receivable

207.2m217.3m461.1m443.7m414.8m406.2m385.7m363.9m365.6m374.9m380.2m378.8m

Inventories

90.3m91.6m243.5m233.7m207.4m209.0m203.6m209.1m197.2m197.5m196.3m211.9m

Current Assets

803.6m834.8m987.6m970.7m869.1m901.7m878.0m810.2m808.0m806.2m786.1m804.0m
Annual
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

83.5m95.5m111.6m137.1m199.0m

Depreciation and Amortization

47.3m84.4m98.3m91.9m91.0m

Inventories

(6.5m)19.5m3.1m3.1m25.2m

Accounts Payable

(776.0k)16.0m(9.7m)(4.8m)28.0m
Quarterly
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q3, 2016Q1, 2016Q2, 2016Q1, 2017Q2, 2018Q3, 2018Q1, 2019Q3, 2018Q1, 2019Q2, 2019

Net Income

22.6m16.3m19.4m37.8m36.0m27.5m30.3m42.5m34.8m22.3m35.6m40.0m

Depreciation and Amortization

67.0m71.0m

Inventories

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

Accounts Payable

183.3m176.3m155.8m159.8m156.4m147.3m
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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

Embed Graph

Minerals Technologies News and Updates

Minerals Technologies Announces First Quarter 2019 Conference Call

NEW YORK, April 15, 2019 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its first quarter ended March 31, 2019 on Thursday, May 2, 2019 after the market close. The Company will host a conference call on Friday, M…

Minerals Technologies Names Alison A. Deans to Board of Directors

NEW YORK, March 13, 2019 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) today announced that Alison A. Deans has been elected to its Board of Directors, effective immediately. In connection with Ms. Deans’ appointment, the Board has increased its size from nine…

Minerals Technologies Reports Fourth Quarter 2018 Earnings of $1.22 per Share, or $1.17 per Share, Excluding Special Items

Company Reports 2018 Earnings per Share of $4.75; Earnings per Share of $4.84, Excluding Special Items Company Reports 2018 Earnings per Share of $4.75; Earnings per Share of $4.84, Excluding Special Items
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Minerals Technologies Blogs

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 …

Minerals Technologies Announces Second Quarter 2019 Conference Call

Minerals Technologies Announces Second Quarter 2019 Conference Call Content Import Mon, 07/15/2019 - 09:13 Minerals Technologies Announces Second Quarter 2019 Conference Call July 15, 2019 This release is a backfill from a News Wire General …

Minerals Technologies Initiates ENVIROFIL® PCC Production

Minerals Technologies Initiates ENVIROFIL® PCC Production Content Import Tue, 06/04/2019 - 08:31 Minerals Technologies Initiates ENVIROFIL® PCC Production June 4, 2019 This release is a backfill from a News Wire General General …

Q1 2019 Minerals Technologies Inc. Earnings Conference Call

Q1 2019 Minerals Technologies Inc. Earnings Conference Call James.Jordan@n… Mon, 04/15/2019 - 09:10 Q1 2019 Minerals Technologies Inc. Earnings Conference Call Display "add to calendar" false Event Type Earnings Conference Call …

Michael J. Sison

Michael J. Sison Michaela.Delmo… Thu, 09/27/2018 - 10:13 Michael J. Sison KeyBanc Capital Markets

Jeffrey J. Zekauskas

Jeffrey J. Zekauskas Michaela.Delmo… Thu, 09/27/2018 - 10:13 Jeffrey J. Zekauskas J.P. Morgan
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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, D.j. Monagle and Matthew E. Garth.

  • How many employees does Minerals Technologies have?

    Minerals Technologies has 3,720 employees.

  • What is Minerals Technologies revenue?

    Latest Minerals Technologies annual revenue is $1.7 b.

  • What is Minerals Technologies revenue per employee?

    Latest Minerals Technologies revenue per employee is $450.5 k.

  • 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, Longview, Eastover, Cloquet and in 58 other locations.

  • How many offices does Minerals Technologies have?

    Minerals Technologies has 64 offices.