Minerals Technologies Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.07B | $2.12B | $2.17B | $2.13B | $1.86B | $1.59B | $1.79B | $1.81B |
| Cost of Revenue | $1.55B | $1.57B | $1.66B | $1.66B | $1.41B | $1.19B | $1.35B | $1.35B |
| Gross Profit | $518.0M | $547.7M | $507.1M | $465.0M | $446.5M | $405.4M | $440.6M | $461.4M |
| Gross Margin | 25.0% | 25.9% | 23.4% | 21.9% | 24.0% | 25.4% | 24.6% | 25.5% |
| Operating Expenses | ||||||||
| Research & Development | $22.9M | $23.0M | $21.2M | $20.4M | $19.5M | $19.9M | $20.3M | $22.7M |
| SG&A Expense | $208.0M | $209.2M | $206.0M | $192.1M | $186.2M | $176.5M | $187.5M | $178.6M |
| Operating Income | $47.4M | $286.5M | $171.8M | $214.8M | $235.7M | $187.9M | $208.7M | $255.9M |
| Operating Margin | 2.3% | 13.5% | 7.9% | 10.1% | 12.7% | 11.8% | 11.7% | 14.2% |
| Interest Expense | — | — | $59.2M | $43.9M | $37.2M | $38.2M | $43.2M | $45.9M |
| Pretax Income | $-14.0M | $223.6M | $107.7M | $156.7M | $202.3M | $138.0M | $157.3M | $204.1M |
| Income Tax Expense | $4.9M | $59.4M | $23.7M | $32.1M | $36.6M | $24.4M | $22.8M | $34.4M |
| Net Income | $-18.4M | $167.1M | $84.1M | $122.2M | $164.4M | $112.4M | $132.7M | $169.0M |
| Net Margin | -0.9% | 7.9% | 3.9% | 5.7% | 8.8% | 7.0% | 7.4% | 9.3% |
| EPS (Basic) | $-0.59 | $5.21 | $2.59 | $3.74 | $4.89 | $3.29 | $3.79 | $4.79 |
| EPS (Diluted) | $-0.59 | $5.17 | $2.58 | $3.73 | $4.86 | $3.29 | $3.78 | $4.75 |
| Shares Outstanding (Basic) | 31.4M | 32.1M | 32.5M | 32.7M | 33.6M | 34.2M | 35.0M | 35.3M |
| Shares Outstanding (Diluted) | 31.4M | 32.3M | 32.6M | 32.8M | 33.8M | 34.2M | 35.1M | 35.6M |
| Dividends Per Share | $0.45 | $0.41 | $0.25 | $0.20 | $0.20 | $0.20 | $0.20 | $0.20 |