Minerals Technologies Inc (MTX)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 167,100 | 152,800 | 86,900 | 93,800 | 84,100 | 64,200 | 96,800 | 115,100 | 122,200 | 143,500 | 171,500 | 168,500 | 164,300 | 154,300 | 141,200 | 113,700 | 112,400 | 110,300 | 120,000 | 132,200 |
| Total assets | US$ in thousands | 3,393,900 | 3,394,000 | 3,346,000 | 3,339,100 | 3,346,600 | 3,344,700 | 3,408,200 | 3,450,700 | 3,399,100 | 3,387,300 | 3,403,100 | 3,425,800 | 3,374,200 | 3,384,300 | 3,253,300 | 3,213,200 | 3,209,400 | 3,214,100 | 3,056,900 | 3,069,100 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $167,100K ÷ $3,393,900K
= 4.92%
Minerals Technologies Inc's Return on Assets (ROA) has exhibited some fluctuations over the reporting periods provided. The ROA started at 4.31% as of March 31, 2020, and showed a decreasing trend until September 30, 2020, at 3.43%. There was a slight increase in ROA by December 31, 2020, at 3.50%, and then a further improvement by March 31, 2021, at 3.54%.
Subsequently, Minerals Technologies Inc's ROA experienced a significant rise, reaching its peak at 5.04% by June 30, 2022. However, the ROA then decreased to 1.92% by September 30, 2023, showing a substantial decline from the peak. The ROA slightly recovered by December 31, 2023, at 2.51%, but remained relatively low in the following periods.
For the most recent data available, Minerals Technologies Inc's ROA was reported at 4.92% by December 31, 2024, showing an improvement from the previous period. Overall, the company's ROA performance has shown variability, indicating fluctuations in its efficiency in generating profits from its assets over the analyzed time frame.
Peer comparison
Dec 31, 2024