$1.7 B

MTX Mkt cap, 22-Sept-2020

$357.2 M

Minerals Technologies Revenue Q2, 2020
Minerals Technologies Gross profit (Q2, 2020)88.9 M
Minerals Technologies Gross profit margin (Q2, 2020), %24.9%
Minerals Technologies Net income (Q2, 2020)14.9 M
Minerals Technologies EBIT (Q2, 2020)27.2 M
Minerals Technologies Cash, 28-Jun-2020232.8 M
Minerals Technologies EV2.3 B

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 Income Statement

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

Gross profit Margin, %

21%20%22%34%32%28%26%

R&D expense

19.6m19.3m20.2m23.8m23.7m22.7m20.3m

General and administrative expense

90.5m92.1m89.2m182.4m178.6m187.5m

Operating expense total

110.9m111.9m109.3m23.8m224.5m205.5m231.9m

EBIT

98.3m100.3m110.0m126.9m168.8m200.3m220.9m242.7m255.9m208.7m

EBIT margin, %

10%10%11%12%10%11%13%14%14%

Interest expense

3.3m3.3m3.2m60.9m54.4m43.4m51.8m51.4m

Interest income

2.8m3.9m3.2m

Investment income

3.5m1.9m

Pre tax profit

98.8m97.7m107.0m199.0m204.1m157.3m

Income tax expense

29.0m27.5m30.8m22.8m35.3m(6.6m)34.4m22.8m

Net Income

66.9m67.5m74.1m83.5m95.5m111.6m137.1m195.1m169.0m136.4m

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%

R&D expense

4.9m4.6m4.9m4.9m4.7m5.0m5.0m5.1m4.8m4.8m5.3m5.1m6.3m6.6m5.9m5.8m6.2m5.9m5.9m6.1m5.8m6.1m5.9m5.0m4.8m4.9m5.2m5.1m5.1m

General and administrative expense

22.6m22.6m23.1m23.7m22.6m22.9m21.8m22.0m22.9m21.6m45.6m45.4m42.9m48.4m46.9m43.4m41.8m

Operating expense total

27.5m27.2m28.2m28.6m27.5m27.9m26.9m27.2m27.8m26.5m5.3m5.1m6.3m6.6m5.9m5.8m6.2m5.9m5.9m6.1m5.8m6.1m52.4m51.0m47.7m66.5m57.7m49.1m61.7m

EBIT

27.5m25.0m24.7m25.1m25.4m27.0m29.5m27.8m27.1m32.4m32.8m23.6m35.8m66.8m59.9m52.8m49.9m67.3m57.6m39.5m61.7m68.5m66.8m68.2m62.0m45.5m53.5m57.7m27.2m

EBIT margin, %

11%10%9%9%10%10%12%11%11%13%13%10%9%12%13%11%11%17%14%9%15%17%16%15%14%10%12%14%8%

Interest expense

535.0k177.0k837.0k800.0k800.0k800.0k800.0k800.0k800.0k800.0k8.9m16.0m15.4m15.8m14.5m13.4m14.1m13.9m11.8m10.2m12.2m16.2m12.8m13.3m12.6m9.3m

Interest income

1.0m1.1m1.0m800.0k700.0k700.0k700.0k

Investment income

400.0k600.0k100.0k500.0k800.0k300.0k1.2m

Pre tax profit

28.0m24.8m23.9m24.3m23.7m26.4m28.7m27.2m27.3m30.9m54.6m52.0m49.2m32.2m40.9m14.6m

Income tax expense

8.4m7.3m7.2m7.1m7.4m7.8m8.5m8.0m7.7m8.2m9.0m7.0m3.4m14.4m12.1m5.3m8.4m11.5m10.7m4.5m10.1m13.4m12.1m9.7m9.3m5.1m2.6m9.7m900.0k

Net Income

19.0m16.7m15.8m16.4m15.7m18.0m19.7m18.6m18.8m17.1m22.6m16.3m19.4m37.8m36.0m27.5m30.3m42.5m34.8m22.3m35.6m43.8m41.7m41.9m39.1m26.6m39.1m39.6m14.9m

Minerals Technologies Balance Sheet

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

Current Assets

720.3m764.5m815.1m924.6m803.6m751.1m852.2m876.3m919.2m

PP&E

318.1m317.7m1.1b1.1b1.1b

Goodwill

64.7m65.8m64.4m770.9m781.2m778.7m779.3m812.4m807.4m

Total Assets

1.2b1.2b1.2b3.2b3.0b2.9b3.0b3.1b3.1b

Accounts Payable

103.4m98.4m94.9m170.4m152.4m144.9m179.0m169.1m163.4m

Short-term debt

8.6m77.0m10.1m108.5m103.3m

Current Liabilities

180.9m250.1m180.9m352.9m318.6m295.5m310.0m381.9m398.5m

Long-term debt

85.4m8.5m75.0m959.8m913.0m824.3m

Total Debt

94.0m85.5m75.0m969.9m1.0b927.6m

Total Liabilities

396.9m397.5m1.8b1.7b1.7b

Common Stock

2.9m4.7m4.9m4.9m4.9m

Preferred Stock

Additional Paid-in Capital

335.1m345.9m361.5m373.0m387.6m400.0m422.7m431.9m442.2m

Retained Earnings

963.1m1.0b1.1b1.2b1.3b1.4b1.6b1.8b1.9b

Total Equity

2.9m768.0m813.7m874.4m888.9m937.7m1.0b1.3b1.4b1.4b

Financial Leverage

1.5 x1.5 x1.4 x3.6 x3.2 x2.8 x2.3 x2.2 x2.2 x

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

Current Assets

629.7m680.9m706.3m739.6m718.5m743.5m748.2m770.2m774.9m785.8m803.6m834.8m987.6m970.7m869.1m901.7m878.0m810.2m808.0m806.2m786.1m804.0m860.8m884.1m903.6m903.9m931.1m920.1m897.6m884.4m

PP&E

337.0m338.3m329.0m329.8m322.6m316.6m314.6m318.9m312.4m308.8m1.2b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.1b1.0b1.0b

Goodwill

66.6m68.3m67.8m67.3m65.4m65.8m65.3m65.7m65.1m64.6m64.7m64.3m769.3m767.3m768.3m781.7m789.2m780.3m781.3m780.6m778.7m779.4m779.6m779.5m808.1m812.4m807.9m806.8m805.6m805.8m

Total Assets

1.1b1.1b1.1b1.2b1.1b1.2b1.2b1.2b1.2b1.2b1.2b1.2b3.3b3.3b3.2b3.2b3.1b2.9b3.0b2.9b2.9b2.9b3.0b3.0b3.1b3.2b3.1b3.1b3.1b3.1b

Accounts Payable

85.1m91.8m91.0m107.2m106.0m107.0m107.0m102.2m109.9m110.8m105.3m109.5m204.2m184.3m169.0m183.3m176.3m155.8m159.8m156.4m147.3m164.2m181.0m177.3m184.7m178.2m188.2m139.4m

Short-term debt

4.6m535.0k543.0k8.5m8.6m10.0m2.0m77.3m75.6m12.7m45.4m3.0m111.3m107.4m106.3m1.8m102.7m249.5m

Current Liabilities

152.1m159.1m152.6m172.8m183.2m174.5m180.9m177.0m250.1m256.8m176.6m180.3m371.6m355.5m314.7m377.0m366.4m321.4m314.3m327.6m297.4m298.3m323.7m298.8m420.0m390.8m405.6m409.9m381.5m

Long-term debt

92.6m92.6m93.7m93.7m85.7m85.5m83.8m83.8m8.2m8.2m83.2m75.0m996.4m967.4m946.1m893.4m874.2m844.7m824.9m647.7m

Total Debt

97.2m92.6m94.2m94.3m94.3m94.0m93.7m85.7m85.5m83.8m83.2m75.0m1.0b1.0b3.0m3.0m1.0b980.5m846.5m927.6m897.2m

Total Liabilities

327.4m337.4m333.4m353.6m352.4m388.9m387.8m380.9m398.4m398.1m394.6m342.6m2.4b2.3b2.3b2.3b2.2b1.9b2.0b2.0b1.8b1.8b1.8b1.7b1.8b1.8b1.7b1.7b1.7b1.7b1.6b

Common Stock

2.9m2.9m2.9m2.9m2.9m2.9m2.9m2.9m4.7m4.7m4.8m4.8m4.8m4.8m4.8m4.8m4.8m4.8m4.8m4.8m4.8m4.8m4.9m4.9m4.9m4.9m4.9m4.9m4.9m4.9m

Additional Paid-in Capital

319.2m320.9m327.7m330.5m332.5m337.0m338.7m343.9m349.5m353.2m363.4m364.7m364.9m367.2m375.5m379.4m382.7m395.4m387.4m390.0m402.8m405.5m420.0m423.2m429.6m432.6m435.3m438.1m442.8m445.5m

Retained Earnings

868.5m884.3m914.1m929.6m944.4m980.3m999.1m1.0b1.0b1.1b1.1b1.1b1.1b1.2b1.2b1.3b1.3b1.4b1.3b1.3b1.5b1.5b1.5b1.6b1.7b1.8b1.8b1.9b1.9b2.0b

Total Equity

744.6m786.8m809.9m821.6m791.9m797.8m797.6m828.3m812.8m815.6m832.3m894.7m914.1m925.7m899.0m927.4m924.7m1.0b979.4m992.4m1.1b1.1b1.2b1.3b1.3b1.4b1.4b1.4b1.4b1.4b

Debt to Equity Ratio

0.1 x0.1 x0 x

Debt to Assets Ratio

0.1 x0.1 x0 x

Financial Leverage

1.4 x1.4 x1.4 x1.4 x1.4 x1.5 x1.5 x1.5 x1.5 x1.5 x1.5 x1.4 x3.6 x3.5 x3.5 x3.5 x3.4 x2.8 x3 x3 x2.7 x2.6 x2.5 x2.3 x2.3 x2.2 x2.2 x2.2 x2.2 x2.1 x

Minerals Technologies Cash Flow

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

Accounts Receivable

7.6m(14.2m)537.0k(10.0m)5.2m36.6m(4.9m)(27.3m)(3.0m)9.9m

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)

Cash From Operating Activities

142.4m133.7m139.9m134.8m310.8m270.0m225.1m207.6m203.6m238.3m

Purchases of PP&E

(34.5m)(52.1m)(52.1m)(43.8m)(81.8m)(86.0m)(62.4m)(76.7m)(75.9m)

Cash From Investing Activities

(41.1m)(55.0m)(48.0m)(46.2m)(1.9b)(84.6m)(61.6m)(77.5m)(200.0m)

Short-term Borrowings

1.3m(2.0m)(1.0m)

Long-term Borrowings

(4.6m)(275.0k)(8.6m)(77.3m)(175.0m)(191.8m)(193.2m)(118.9m)(66.3m)(88.2m)

Dividends Paid

(3.7m)(3.6m)(4.4m)(6.9m)(6.9m)(7.0m)(7.0m)(9.4m)(7.1m)(4.2m)

Cash From Financing Activities

(36.4m)(42.3m)(34.0m)(50.2m)1.3b(183.8m)(194.8m)(118.2m)4.2m(143.3m)

Net Change in Cash

56.9m27.3m58.9m23.7m(3.4m)32.8m

Income Taxes Paid

31.9m21.5m

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

Accounts Receivable

406.2m385.7m363.9m365.6m374.9m380.2m

Inventories

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

Accounts Payable

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

Cash From Operating Activities

75.5m108.1m19.1m56.7m92.9m24.7m64.8m104.8m24.7m57.0m77.6m150.6m80.2m133.4m30.8m98.3m158.5m30.3m94.1m

Purchases of PP&E

(16.0m)(24.1m)(8.2m)(21.9m)(36.9m)(9.4m)(23.8m)(37.8m)(8.7m)(21.7m)(33.1m)(54.2m)(42.1m)(56.4m)(17.6m)(35.5m)(51.8m)(31.6m)

Cash From Investing Activities

(17.7m)(27.5m)(9.8m)(21.0m)(38.0m)(10.5m)(25.4m)(32.6m)(9.6m)(24.0m)(35.8m)(54.5m)(166.9m)(180.9m)(18.2m)(37.6m)(50.4m)(19.6m)(36.4m)

Short-term Borrowings

2.1m1.3m(80.0k)(320.0k)(1.5m)593.0k1.6m937.0k81.0k(43.0k)600.0k(1.1m)(2.2m)(300.0k)(900.0k)

Long-term Borrowings

(4.6m)(280.0k)(8.3m)(1.7m)(54.8m)(84.9m)(6.6m)(27.4m)(15.8m)(36.6m)(500.0k)(31.3m)

Dividends Paid

(1.9m)(2.8m)(914.0k)(1.8m)(2.7m)(887.0k)(1.8m)(2.7m)(1.8m)(3.5m)(3.5m)(5.3m)(3.5m)(5.3m)(1.7m)(3.5m)(5.3m)(1.7m)(3.4m)

Cash From Financing Activities

(14.2m)(23.7m)(5.1m)(18.2m)(37.9m)604.0k(10.1m)(17.7m)(7.0m)(20.3m)(61.0m)(82.7m)85.6m52.7m(19.2m)(100.1m)(58.4m)

Net Change in Cash

25.8m50.9m13.0m28.3m14.7m19.9m26.3m54.0m239.0k4.0m(10.8m)23.2m(9.2m)(5.3m)(6.1m)5.7m4.2m(27.3m)(8.8m)

Interest Paid

1.6m1.7m51.0k1.6m1.9m158.0k1.7m1.8m172.0k1.7m22.0m28.9m22.1m34.6m10.9m21.9m8.9m16.9m

Income Taxes Paid

11.3m20.4m8.8m15.8m22.7m10.6m14.1m15.4m5.7m12.5m29.3m35.5m4.0m20.9m28.9m5.8m13.7m19.9m6.2m14.6m

Minerals Technologies Ratios

USDQ2, 2011

Financial Leverage

1.4 x

Minerals Technologies Employee Rating

2.852 votes
Culture & Values
2.6
Work/Life Balance
2.2
Senior Management
2.2
Salary & Benefits
3.3
Career Opportunities
2.6
Source