Minerals Technologies Inc (MTX)
Profitability ratios
Return on sales
| 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 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% |
| 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% |
| Pretax margin | 10.55% | 9.54% | 5.62% | 5.56% | 4.96% | 4.02% | 5.91% | 6.93% | 7.41% | 8.60% | 10.51% | 10.85% | 10.89% | 10.52% | 10.19% | 8.49% | 8.65% | 8.38% | 8.38% | 8.87% |
| Net profit margin | 7.89% | 7.19% | 4.05% | 4.35% | 3.88% | 2.98% | 4.51% | 5.35% | 5.75% | 6.85% | 8.46% | 8.75% | 8.84% | 8.51% | 8.17% | 6.98% | 7.05% | 6.88% | 7.21% | 7.47% |
Minerals Technologies Inc's profitability ratios have shown some fluctuations over the reporting periods.
The gross profit margin has experienced a declining trend from 24.72% as of March 31, 2020, to 25.85% as of December 31, 2024. This indicates that the company's profitability on sales has been relatively stable over this period.
The operating profit margin has shown significant variability, with a peak of 13.82% as of December 31, 2024, after experiencing a low of 4.58% as of September 30, 2023. This suggests fluctuations in the company's ability to generate profits from its core operations.
The pretax margin has also displayed fluctuations, reaching a high of 10.89% as of December 31, 2021, and a low of 4.02% as of September 30, 2023. This indicates variability in the company's profitability before taxes.
The net profit margin has followed a similar pattern of fluctuation, with a peak of 8.84% as of December 31, 2021, and a low of 2.98% as of September 30, 2023. This shows variations in the company's overall profitability after accounting for all expenses and taxes.
Overall, while the gross profit margin has been relatively stable, the operating, pretax, and net profit margins have shown significant fluctuations, indicating varying levels of profitability for Minerals Technologies Inc over the reporting periods.
Return on investment
| 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 return on assets (Operating ROA) | 8.63% | 8.19% | 5.78% | 5.65% | 4.47% | 2.95% | 5.10% | 5.60% | 6.50% | 7.54% | 7.31% | 7.10% | 6.99% | 7.02% | 6.93% | 5.88% | 5.85% | 5.63% | 6.09% | 6.66% |
| Return on assets (ROA) | 4.92% | 4.50% | 2.60% | 2.81% | 2.51% | 1.92% | 2.84% | 3.34% | 3.60% | 4.24% | 5.04% | 4.92% | 4.87% | 4.56% | 4.34% | 3.54% | 3.50% | 3.43% | 3.93% | 4.31% |
| Return on total capital | 16.03% | 15.42% | 10.96% | 10.91% | 10.18% | 9.06% | 11.23% | 12.37% | 12.96% | 14.92% | 16.35% | 15.82% | 15.63% | 15.25% | 14.40% | 13.11% | 13.08% | 12.98% | 14.38% | 15.10% |
| Return on equity (ROE) | 9.56% | 8.96% | 5.23% | 5.65% | 5.09% | 4.04% | 5.95% | 7.09% | 7.74% | 9.55% | 11.11% | 10.79% | 10.67% | 10.24% | 9.42% | 7.77% | 7.69% | 7.67% | 8.53% | 9.58% |
Minerals Technologies Inc has shown consistent profitability over the past few years based on its profitability ratios.
The Operating Return on Assets (Operating ROA) for the company has generally improved from around 5.63% in September 2020 to a peak of 8.63% in December 2024, although there was a slight decline in the last quarter of 2023. This indicates that the company is efficiently generating operating income in relation to its total assets.
Similarly, the Return on Assets (ROA) has displayed an upward trend, with a peak of 5.04% in June 2022. Despite a slight decrease in the last quarter of 2023, the company managed to maintain a relatively stable ROA, indicating improved profitability in relation to its total assets.
The Return on Total Capital has also demonstrated an upward trajectory, reaching a peak of 16.03% in December 2024. This indicates that the company is generating higher returns for its capital providers over time.
Lastly, the Return on Equity (ROE) has shown a similar trend, improving from 7.67% in September 2020 to a high of 9.56% in December 2024. Despite some fluctuations, the company has managed to deliver satisfactory returns to its equity holders.
Overall, the profitability ratios suggest that Minerals Technologies Inc has been successful in enhancing its overall profitability and efficiency in generating returns for both its assets and capital providers over the analyzed period.