Minerals Technologies

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.
Type
Public
HQ
New York, US
Founded
1992
Size (employees)
3,583 (est)-7%
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.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

1 b1.7 b1.8 b1.6 b

Revenue growth, %

69%4%(9%)

Cost of goods sold

1.2 b1.1 b

Gross profit

233.6 m435.4 m607.6 m520.3 m

Gross profit Margin, %

23%25%34%32%

R&D expense

23.8 m

Operating expense total

23.8 m

EBIT

126.9 m168.8 m200.3 m220.9 m

EBIT margin, %

12%10%11%13%

Interest expense

60.9 m54.4 m

Income tax expense

22.8 m35.3 m

Net Income

83.5 m95.5 m111.6 m137.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

490.3 m249.6 m229.4 m188.5 m

Inventories

89.2 m211.8 m194.9 m186.9 m

Current Assets

815.1 m924.6 m803.6 m751.1 m

Goodwill

64.4 m770.9 m781.2 m778.7 m

Total Assets

1.2 b3.2 b3 b2.9 b

Accounts Payable

94.9 m170.4 m152.4 m144.9 m

Current Liabilities

180.9 m352.9 m318.6 m295.5 m

Total Liabilities

1.8 b

Additional Paid-in Capital

361.5 m373 m387.6 m400 m

Retained Earnings

1.1 b1.2 b1.3 b1.4 b

Total Equity

874.4 m888.9 m937.7 m1 b

Financial Leverage

1.4 x3.6 x3.2 x2.8 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

83.5 m95.5 m111.6 m137.1 m

Depreciation and Amortization

47.3 m84.4 m98.3 m91.9 m

Accounts Receivable

(10 m)5.2 m36.6 m(4.9 m)

Inventories

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

Accounts Payable

(776 k)16 m(9.7 m)(4.8 m)

Cash From Operating Activities

134.8 m310.8 m270 m225.1 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)
USDY, 2016

Revenue/Employee

423.5 k

Financial Leverage

2.8 x

Minerals Technologies Market Value History

Minerals Technologies Job Categories

Minerals Technologies Company Life and Culture

You may also be interested in