Is the business good?
How good a business is MTX?
Minerals Technologies Inc. earns 8.9% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
8.9%
Return on invested capital · cost of capital 9.0% · 0.14 points below what the capital costs: growth destroys value
- Operating margin
- 13%
Operating margin · Specialty Chemicals median 9.1% · 12 months to Q1 2026
- Cash conversion
- 0.73×
Cash conversion · some of the reported profit has not turned into cash yet
- Share count, year on year
- −2.8%
Share count, year on year · bought back, each share owns more of the company
| Year | Operating margin |
|---|---|
| FY2020 | 12% |
| FY2021 | 13% |
| FY2022 | 10% |
| FY2023 | 7.9% |
| FY2024 | 14% |
| FY2025 | 2.3% |
Details›
- Gross margin12 months to Q1 2026
- 25%
- Operating margin12 months to Q1 2026
- 13%
- Net margin12 months to Q1 2026
- 7.6%
- Free cash flow margin
- 5.6%
- R&D as % of revenue
- 1.1%
- Revenue, trailing twelve months
- $2.13B
- Free cash flow, trailing twelve months
- $118M
- Net income, trailing twelve months
- $162M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 8.9%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Specialty Chemicals
Ranks #8 of 36 by Smart Score