Minerals Technologies Inc (MTX)
Interest coverage
| Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 65,900 | 67,900 | 44,700 | 281,800 | 263,000 | 182,200 | 181,200 | 168,100 | 143,900 | 179,300 | 197,500 | 201,400 | 220,800 | 252,400 | 247,100 | 240,600 | 230,400 | 216,600 | 177,900 | 176,900 |
| Interest expense (ttm) | US$ in thousands | 56,000 | 56,200 | 57,500 | 58,200 | 60,200 | 61,500 | 61,100 | 60,400 | 57,400 | 53,100 | 49,000 | 44,600 | 41,300 | 39,500 | 38,200 | 38,300 | 39,600 | 40,500 | 39,500 | 38,900 |
| Interest coverage | 1.18 | 1.21 | 0.78 | 4.84 | 4.37 | 2.96 | 2.97 | 2.78 | 2.51 | 3.38 | 4.03 | 4.52 | 5.35 | 6.39 | 6.47 | 6.28 | 5.82 | 5.35 | 4.50 | 4.55 |
September 30, 2025 calculation
Interest coverage = EBIT (ttm) ÷ Interest expense (ttm)
= $65,900K ÷ $56,000K
= 1.18
Peer comparison
Sep 30, 2025
Company name
Symbol
Interest coverage
Minerals Technologies Inc
MTX
1.18
Air Products and Chemicals Inc
APD
-1.06
Ashland Global Holdings Inc
ASH
-17.00
Cabot Corporation
CBT
8.55
Eastman Chemical Company
EMN
3.62
H B Fuller Company
FUL
2.06
LyondellBasell Industries NV
LYB
-1.80
PPG Industries Inc
PPG
7.94
Sherwin-Williams Co
SHW
8.51
WD-40 Company
WDFC
22.36