Minerals Technologies Inc (MTX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 292,800 | 277,900 | 193,400 | 188,500 | 149,500 | 98,600 | 173,700 | 193,200 | 221,100 | 255,400 | 248,800 | 243,100 | 235,700 | 237,600 | 225,500 | 189,000 | 187,900 | 181,100 | 186,100 | 204,400 |
| 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 |
| Operating profit margin | 13.82% | 13.08% | 9.00% | 8.73% | 6.89% | 4.58% | 8.09% | 8.98% | 10.40% | 12.19% | 12.28% | 12.63% | 12.68% | 13.10% | 13.05% | 11.60% | 11.78% | 11.30% | 11.18% | 11.54% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $292,800K ÷ $2,118,500K
= 13.82%
Minerals Technologies Inc has shown fluctuations in its operating profit margin over the past few years. The operating profit margin, which reflects the company's efficiency in generating profits from its core operations, started at 11.54% on March 31, 2020, and remained relatively stable between 11% and 12% until June 30, 2021.
There was a notable increase in the operating profit margin during the second half of 2021, reaching a peak of 13.82% on December 31, 2024. This improvement may indicate enhanced cost management or increased sales relative to operating expenses during this period.
However, the operating profit margin experienced a decline in the first half of 2023, dropping to as low as 4.58% on September 30, 2023. This significant decrease suggests potential challenges faced by the company in maintaining profitability during that period.
Overall, monitoring the operating profit margin trends can provide insights into Minerals Technologies Inc's operational efficiency and profitability performance over time. Further in-depth analysis of the underlying factors influencing these fluctuations would provide valuable context for assessing the company's financial health and management effectiveness.
Peer comparison
Dec 31, 2024