Minerals Technologies Inc. (MTX)

Minerals Technologies Income Statement

Financials in millions USD. Fiscal year is January - December.

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	2,158	2,170	2,126	1,858	1,595	1,791
Revenue Growth (YoY)	0.26%	2.09%	14.38%	16.52%	-10.95%	-0.92%
Cost of Revenue	1,636	1,663	1,661	1,412	1,189	1,350
Gross Profit	522.3	507.1	465	446.5	405.4	440.6
Selling, General & Admin	206.7	206	192.1	186.2	176.5	187.5
Research & Development	21.5	21.2	20.4	19.5	19.9	20.3
Other Operating Expenses	110.1	108.1	37.7	5.1	21.1	24.1
Operating Expenses	338.3	335.3	250.2	210.8	217.5	231.9
Operating Income	184	171.8	214.8	235.7	187.9	208.7
Interest Expense / Income	59.9	59.2	43.9	37.2	38.2	43.2
Other Expense / Income	3.2	4.8	16.6	-2.5	12.9	10
Pretax Income	120.9	107.8	154.3	201	136.8	155.5
Income Tax	27.1	23.7	32.1	36.6	24.4	22.8
Net Income	93.8	84.1	122.2	164.4	112.4	132.7
Net Income Growth	-18.51%	-31.18%	-25.67%	46.26%	-15.30%	-21.48%
Shares Outstanding (Basic)	32	33	33	34	34	35
Shares Outstanding (Diluted)	32	33	33	34	34	35
Shares Change	-0.31%	-0.61%	-2.96%	-1.17%	-2.56%	-1.40%
EPS (Basic)	2.90	2.59	3.74	4.89	3.29	3.79
EPS (Diluted)	2.89	2.58	3.73	4.86	3.29	3.78
EPS Growth	-18.13%	-30.83%	-23.25%	47.72%	-12.96%	-20.42%
Free Cash Flow	170.4	140.3	24.4	147.1	174.5	173.3
Free Cash Flow Per Share	5.28	4.32	0.75	4.38	5.10	4.95
Dividend Per Share	0.300	0.250	0.200	0.200	0.200	0.200
Dividend Growth	50.00%	25.00%	0%	0%	0%	0%
Gross Margin	24.20%	23.37%	21.88%	24.03%	25.42%	24.60%
Operating Margin	8.53%	7.92%	10.11%	12.68%	11.78%	11.65%
Profit Margin	4.35%	3.88%	5.75%	8.85%	7.05%	7.41%
Free Cash Flow Margin	7.90%	6.47%	1.15%	7.92%	10.94%	9.68%
Effective Tax Rate	22.42%	21.99%	20.80%	18.21%	17.84%	14.66%
EBITDA	275.6	262	292.4	332.8	268.9	297.1
EBITDA Margin	12.77%	12.07%	13.76%	17.91%	16.86%	16.59%
Depreciation & Amortization	94.8	95	94.2	94.6	93.9	98.4
EBIT	180.8	167	198.2	238.2	175	198.7
EBIT Margin	8.38%	7.70%	9.32%	12.82%	10.97%	11.09%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).