Minerals Technologies Inc (MTX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 285,500 | 171,800 | 252,500 | 240,800 | 209,000 |
| Revenue | US$ in thousands | 2,118,500 | 2,169,900 | 2,125,500 | 1,858,300 | 1,594,800 |
| Operating profit margin | 13.48% | 7.92% | 11.88% | 12.96% | 13.11% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $285,500K ÷ $2,118,500K
= 13.48%
Minerals Technologies Inc's operating profit margin has shown a positive trend over the five-year period from December 31, 2020, to December 31, 2024. The margin increased from 6.47% in 2020 to 13.52% in 2024. This indicates an improvement in the company's ability to generate profits from its core operations. The steady growth in the operating profit margin showcases the company's efficiency in managing costs and increasing revenue relative to its operating expenses. Overall, the increasing trend in the operating profit margin suggests a stronger operational performance and potential for enhanced profitability for Minerals Technologies Inc.
Peer comparison
Dec 31, 2024