Minerals Technologies Inc (MTX)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 167,100 | 84,100 | 122,200 | 164,400 | 112,400 |
| Revenue | US$ in thousands | 2,118,500 | 2,169,900 | 2,125,500 | 1,858,300 | 1,594,800 |
| Net profit margin | 7.89% | 3.88% | 5.75% | 8.85% | 7.05% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $167,100K ÷ $2,118,500K
= 7.89%
The net profit margin of Minerals Technologies Inc has shown fluctuation over the past five years. In December 2020, the net profit margin was 7.05%, indicating that for every dollar of revenue generated, the company retained 7.05 cents as profit.
By December 2021, the net profit margin increased to 8.85%, reflecting improved profitability. However, in December 2022, the net profit margin declined to 5.75%, suggesting a decrease in profitability compared to the previous year.
Further decline was observed in December 2023, with the net profit margin falling to 3.88%. This decrease may indicate challenges faced by the company in managing costs or generating sufficient revenue.
In December 2024, there was a rebound in the net profit margin, reaching 7.89%. This improvement signals a potential recovery in profitability for Minerals Technologies Inc, but the overall trend suggests varying performance in profitability over the analyzed period.
Peer comparison
Dec 31, 2024