Minerals Technologies Inc (MTX)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 167,100 | 84,100 | 122,200 | 164,400 | 112,400 |
| Total stockholders’ equity | US$ in thousands | 1,747,000 | 1,652,000 | 1,579,400 | 1,539,300 | 1,460,800 |
| ROE | 9.56% | 5.09% | 7.74% | 10.68% | 7.69% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $167,100K ÷ $1,747,000K
= 9.56%
Minerals Technologies Inc's return on equity (ROE) has shown fluctuating trends over the past five years. In 2020, the ROE stood at 7.69%, which increased to 10.68% by the end of 2021, indicating improved profitability relative to shareholders' equity. However, there was a slight decline in ROE to 7.74% in 2022. The company experienced a more significant decrease in ROE to 5.09% in 2023, possibly due to challenges or operational inefficiencies during that period.
The most recent data for 2024 shows a recovery in ROE, climbing back to 9.56%. Overall, while there have been fluctuations in Minerals Technologies Inc's ROE over the years, it is essential for the company to monitor and address factors impacting profitability to maintain an optimal return for shareholders.
Peer comparison
Dec 31, 2024