Minerals Technologies Inc (MTX)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 547,700 | 540,300 | 538,200 | 522,300 | 507,100 | 479,500 | 464,700 | 464,000 | 465,000 | 473,300 | 468,300 | 456,400 | 446,500 | 451,800 | 436,900 | 410,400 | 405,400 | 401,800 | 414,600 | 437,700 |
| Revenue (ttm) | US$ in thousands | 2,118,500 | 2,124,900 | 2,148,000 | 2,158,300 | 2,169,900 | 2,153,000 | 2,147,100 | 2,152,600 | 2,125,600 | 2,094,900 | 2,026,200 | 1,924,800 | 1,858,300 | 1,813,200 | 1,728,300 | 1,629,900 | 1,594,800 | 1,603,200 | 1,664,200 | 1,770,800 |
| Gross profit margin | 25.85% | 25.43% | 25.06% | 24.20% | 23.37% | 22.27% | 21.64% | 21.56% | 21.88% | 22.59% | 23.11% | 23.71% | 24.03% | 24.92% | 25.28% | 25.18% | 25.42% | 25.06% | 24.91% | 24.72% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $547,700K ÷ $2,118,500K
= 25.85%
Minerals Technologies Inc's gross profit margin has demonstrated fluctuation over the past five years. The trend shows a gradual decline starting from around 24.72% in March 2020 to a low of 21.56% in March 2023. Subsequently, there was a slight recovery, reaching 25.85% in December 2024. Overall, despite some fluctuations, the company's gross profit margin has shown a general upward trend in the most recent periods. This indicates that Minerals Technologies Inc has been able to effectively manage its cost of goods sold relative to its revenue, resulting in improved profitability over time. However, the company should continue monitoring and analyzing factors that may impact its gross profit margin to ensure sustained financial performance.
Peer comparison
Dec 31, 2024