Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets worldwide a broad range of specialty mineral, mineral-based and synthetic mineral products and related systems and services. The Company has five reportable segments: Specialty Minerals, Refractories, Performance Materials, Construction Technologies and Energy Services. The Specialty Minerals, Performance Materials and Construction Technologies segments produce and sell products and technologies based primarily upon the mineral products calcium carbonate, bentonite, talc, chromite and leonardite. These segments are used principally in the paper, metalcasting, building materials, paints and coatings, consumer products, ceramic, polymer, and food and pharmaceutical industries. The Refractories and Energy Services segments both produce and market patented technologies, products and services. The Refractories segment produces monolithic refractory materials and specialty products, services and application equipment used primarily by the steel, non-ferrous metal and glass industries. Energy Services provides a range of products and services for all phases of oil and gas production around the world. The Company emphasizes research and development. By developing and introducing technologically advanced new products, the Company has been able to anticipate and satisfy changing customer requirements and to create market opportunities through new product development and product application innovations.
Minerals Technologies was founded in 1992 and is headquartered in New York, US
Minerals Technologies Office Locations
Minerals Technologies has an office in New York
New York, US (HQ)
622 3rd Ave
Minerals Technologies Data and Metrics
Minerals Technologies Financial Metrics
Minerals Technologies's revenue was reported to be $1.6 b in FY, 2016 which is a 9% decrease from the previous period.
USD
Revenue (FY, 2016) | 1.6 b |
Revenue growth (FY, 2015 - FY, 2016), % | (9%) |
Gross profit (FY, 2016) | 520.3 m |
Gross profit margin (FY, 2016), % | 32% |
Net income (FY, 2016) | 137.1 m |
EBIT (FY, 2016) | 220.9 m |
Market capitalization (19-Jul-2017) | 2.7 b |
Closing share price (19-Jul-2017) | 74.1 |
Cash (31-Dec-2016) | 188.5 m |
Minerals Technologies's current market capitalization is $2.7 b.
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Revenue | 1 b | 1.7 b | 1.8 b | 1.6 b |
Revenue growth, % | 69% | 4% | (9%) | |
Cost of goods sold | 1.2 b | 1.1 b | ||
Gross profit | 233.6 m | 435.4 m | 607.6 m | 520.3 m |
Gross profit Margin, % | 23% | 25% | 34% | 32% |
R&D expense | 23.8 m | |||
Operating expense total | 23.8 m | |||
EBIT | 126.9 m | 168.8 m | 200.3 m | 220.9 m |
EBIT margin, % | 12% | 10% | 11% | 13% |
Interest expense | 60.9 m | 54.4 m | ||
Income tax expense | 22.8 m | 35.3 m | ||
Net Income | 83.5 m | 95.5 m | 111.6 m | 137.1 m |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Cash | 490.3 m | 249.6 m | 229.4 m | 188.5 m |
Inventories | 89.2 m | 211.8 m | 194.9 m | 186.9 m |
Current Assets | 815.1 m | 924.6 m | 803.6 m | 751.1 m |
Goodwill | 64.4 m | 770.9 m | 781.2 m | 778.7 m |
Total Assets | 1.2 b | 3.2 b | 3 b | 2.9 b |
Accounts Payable | 94.9 m | 170.4 m | 152.4 m | 144.9 m |
Current Liabilities | 180.9 m | 352.9 m | 318.6 m | 295.5 m |
Total Liabilities | 1.8 b | |||
Additional Paid-in Capital | 361.5 m | 373 m | 387.6 m | 400 m |
Retained Earnings | 1.1 b | 1.2 b | 1.3 b | 1.4 b |
Total Equity | 874.4 m | 888.9 m | 937.7 m | 1 b |
Financial Leverage | 1.4 x | 3.6 x | 3.2 x | 2.8 x |
| USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 |
|---|---|---|---|---|
Net Income | 83.5 m | 95.5 m | 111.6 m | 137.1 m |
Depreciation and Amortization | 47.3 m | 84.4 m | 98.3 m | 91.9 m |
Accounts Receivable | (10 m) | 5.2 m | 36.6 m | (4.9 m) |
Inventories | (6.5 m) | 19.5 m | 3.1 m | 3.1 m |
Accounts Payable | (776 k) | 16 m | (9.7 m) | (4.8 m) |
Cash From Operating Activities | 134.8 m | 310.8 m | 270 m | 225.1 m |
Purchases of PP&E | (43.8 m) | (81.8 m) | (86 m) | (62.4 m) |
Cash From Investing Activities | (46.2 m) | (1.9 b) | (84.6 m) | (61.6 m) |
Long-term Borrowings | (77.3 m) | (175 m) | (191.8 m) | (193.2 m) |
Dividends Paid | (6.9 m) | (6.9 m) | (7 m) | (7 m) |
Cash From Financing Activities | (50.2 m) | 1.3 b | (183.8 m) | (194.8 m) |
| USD | Y, 2016 |
|---|---|
Revenue/Employee | 423.5 k |
Financial Leverage | 2.8 x |
