Minerals Technologies Inc (N:MTX)

Sector:  Basic Materials Industry:  Specialty Chemicals
 
See Regulatory Filings on SEC
Company Contact
Address: 622 3rd Ave
NEW YORK NY 10017-6707
Tel: 1-212-8781831
Website: https://www.mineralstech.com
IR: See website
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Key People
Douglas T. Dietrich
Chairman of the Board, Chief Executive Officer
Erik C. Aldag
Senior Vice President - Finance and Treasury, Chief Financial Officer
Brett Argirakis
Group President, Performance Materials and Refractories
Daniel Joseph Monagle
Group President, Specialty Minerals and Household and Personal Care
Jonathan J. Hastings
Senior Vice President, Strategy and M&A
Timothy J. Jordan
Chief Compliance Officer, Vice President, General Counsel, Secretary
Michael A. Cipolla
Vice President, Corporate Controller, Chief Accounting Officer
Erin N. Cutler
Vice President - Human Resources
 
Business Overview
Minerals Technologies Inc. is a technology-driven specialty minerals company that develops, produces, and markets a range of mineral and mineral-based products, related systems, and services. The Company's segments include Consumer & Specialties and Engineered Solutions. The Consumer & Specialties segment serves consumer end markets directly and provides mineral-based solutions and technologies for its customers' products. The two product lines in this segment are Household & Personal Care and Specialty Additives. The Company's Engineered Solutions segment combines all engineered systems, mineral blends, and technologies that are designed to aid in customer processes and projects. The two product lines in this segment are High-Temperature Technologies and Environmental & Infrastructure. The Company serves globally a range of consumer and industrial markets, including household, food and pharmaceutical, paper, packaging, automotive, construction, and environmental.
Financial Overview
For the three months ended 31 March 2024, Minerals Technologies Inc revenues decreased 2% to $534.5M. Net income increased 26% to $46.7M. Revenues reflect Engineered Solutions segment decrease of 5% to $237.6M, Specialty Minerals segment decrease of less than 1% to $296.9M, United States segment decrease of 4% to $275.1M. Net income reflects Consumer & Specialties segment income increase of 30% to $42M.
Employees: 4,027 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $3,215M as of Mar 31, 2024
Annual revenue (TTM): $2,158M as of Mar 31, 2024
EBITDA (TTM): $388.90M as of Mar 31, 2024
Net annual income (TTM): $93.80M as of Mar 31, 2024
Free cash flow (TTM): $160.50M as of Mar 31, 2024
Net Debt Last Fiscal Year: $681.40M as of Mar 31, 2024
Shares outstanding: 32,248,162 as of Apr 17, 2024
Index Membership: S&P 600 Small Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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