Minerals Technologies Inc (MTX)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 23.89% | 22.72% | 22.11% | 21.97% | 22.41% | 23.12% | 23.56% | 24.18% | 24.52% | 25.31% | 25.71% | 25.62% | 25.87% | 25.50% | 25.35% | 25.16% | 25.07% | 25.25% | 25.50% | 25.55% |
| Operating profit margin | 8.09% | 7.04% | 9.14% | 10.02% | 10.35% | 10.93% | 12.52% | 12.88% | 12.95% | 13.31% | 13.27% | 11.80% | 11.99% | 11.49% | 11.38% | 11.75% | 11.87% | 12.65% | 13.38% | 14.26% |
| Pretax margin | 5.08% | 4.03% | 5.91% | 6.94% | 7.44% | 8.71% | 10.67% | 10.99% | 11.04% | 10.57% | 10.22% | 8.57% | 8.73% | 8.49% | 8.50% | 8.93% | 8.85% | 9.57% | 10.11% | 11.31% |
| Net profit margin | 3.96% | 3.04% | 4.60% | 5.45% | 5.89% | 7.01% | 8.63% | 8.93% | 9.03% | 8.64% | 8.31% | 7.10% | 7.17% | 7.00% | 7.34% | 7.60% | 7.55% | 8.32% | 8.47% | 9.39% |
Minerals Technologies, Inc. has shown varying levels of profitability over the past eight quarters as indicated by its profitability ratios. The Gross Profit Margin has ranged from 21.64% to 23.71% during this period, with Q4 2023 at 23.37%. This metric reflects the company's ability to generate profits from its core operations after accounting for the cost of goods sold.
The Operating Profit Margin, which measures how much of each dollar of revenue is left after paying for variable costs of production, has also fluctuated, ranging from 11.41% to 12.98%. In Q4 2023, it stood at 12.90%, indicating an improvement in operational efficiency compared to the previous quarter.
The Pretax Margin, revealing the company's profitability after accounting for all operating expenses and interest payments, has shown variability, ranging from 4.17% to 10.98%. In Q4 2023, it was at 5.16%, reflecting the company's ability to control costs and generate profits before taxes.
The Net Profit Margin, which represents the proportion of revenue that remains as net income after all expenses have been deducted, has also fluctuated for Minerals Technologies, Inc. It has ranged from 2.98% to 8.76% over the analyzed quarters, with Q4 2023 showing a net profit margin of 3.88%. This metric indicates the company's overall profitability levels and its ability to translate revenues into bottom-line profits.
Overall, the profitability ratios of Minerals Technologies, Inc. suggest some fluctuations in profitability levels over the analyzed quarters, with efforts needed to improve and maintain consistent profitability margins in the future.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 5.13% | 4.44% | 5.64% | 6.13% | 6.31% | 6.61% | 7.31% | 7.10% | 6.99% | 7.02% | 6.93% | 5.88% | 5.85% | 5.63% | 6.09% | 6.66% | 6.71% | 7.14% | 7.56% | 8.07% |
| Return on assets (ROA) | 2.51% | 1.92% | 2.84% | 3.34% | 3.59% | 4.24% | 5.04% | 4.92% | 4.87% | 4.56% | 4.34% | 3.54% | 3.50% | 3.43% | 3.93% | 4.31% | 4.26% | 4.70% | 4.79% | 5.32% |
| Return on total capital | 6.52% | 5.65% | 6.94% | 7.65% | 7.90% | 8.93% | 10.09% | 9.79% | 9.62% | 9.32% | 8.77% | 7.34% | 7.31% | 6.98% | 8.63% | 8.91% | 8.92% | 9.53% | 9.97% | 10.90% |
| Return on equity (ROE) | 5.09% | 4.04% | 5.95% | 7.09% | 7.74% | 9.56% | 11.12% | 10.79% | 10.68% | 10.24% | 9.42% | 7.77% | 7.69% | 7.67% | 8.53% | 9.58% | 9.46% | 10.47% | 10.83% | 12.07% |
Minerals Technologies, Inc. has shown consistent profitability based on its operating return on assets (Operating ROA) over the past eight quarters, with a range of 7.18% to 8.36%. This indicates that the company is effectively generating profits from its assets before interest and taxes.
In terms of overall return on assets (ROA), the company has experienced some fluctuations, ranging from 1.92% to 3.59% over the same period. While the ROA has shown some variability, the company has generally been able to generate a positive return on its total assets.
Return on total capital has also been relatively stable, fluctuating between 9.29% and 10.66%. This ratio provides insight into how efficiently the company is using both debt and equity to generate profits.
Return on equity (ROE) has shown a similar pattern to ROA, with fluctuations between 4.04% and 11.12%. This ratio indicates how well the company is using shareholders' equity to generate profits.
Overall, Minerals Technologies, Inc. has demonstrated a solid level of profitability over the past two years based on these key ratios. It is important for investors and analysts to monitor these ratios over time to assess the company's performance and financial health.