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: www.mineralstech.com
IR: See website
Key People
Duane R. Dunham
Independent Chairman of the Board
Brett Argirakis
Vice President and Managing Director of Minteq International Inc
Douglas T. Dietrich
Chief Executive Officer, Director
Matthew E. Garth
Chief Financial Officer, Senior Vice President - Finance, Treasurer
Jonathan J. Hastings
Group President - Performance Materials
Daniel Joseph Monagle
Group President - Specialty Minerals and Refractories
Thomas J. Meek
Senior Vice President, General Counsel, Human Resources, Secretary and Chief Compliance Officer
Douglas W. Mayger
Senior Vice President, Director - MTI Supply Chain
Michael A. Cipolla
Vice President, Corporate Controller, Chief Accounting Officer
Andrew M. Jones
Vice President and Managing Director, Energy Services
Business Overview
Minerals Technologies Inc. is a resource- and technology-based company that develops, produces and markets a range of specialty mineral, mineral-based and synthetic mineral products and related systems and services around the world. It operates through four segments. The Specialty Minerals segment produces and sells the synthetic mineral product precipitated calcium carbonate (PCC), mines mineral ores, and processes and sells natural mineral products, primarily limestone and talc. The Performance Materials segment is a supplier of bentonite and bentonite-related products to industrial and consumer markets globally. The Refractories segment produces and markets monolithic and shaped refractory materials and specialty products, services and application and measurement equipment. The Energy Services segment offers a range of services to improve the production, costs, compliance and environmental impact of activities performed in the oil and gas industry.
Financial Overview
For the fiscal year ended 31 December 2019, Minerals Technologies Inc revenues decreased 1% to $1.79B. Net income before extraordinary items decreased 19% to $132.7M. Revenues reflect Europe/Africa segment decrease of 2% to $435.3M, Asia segment decrease of 2% to $313.1M, Canada/Latin America segment decrease of 4% to $80.2M. Net income also reflects Performance Materials segment income decrease of 17% to $97.1M.
Employees: 3,628 as of Dec 31, 2019
Reporting Currency: U.S. Dollars
Enterprise value: $2,388M as of Dec 31, 2019
Annual revenue (TTM): $1,791M as of Dec 31, 2019
EBITDA (TTM): $331.20M as of Dec 31, 2019
Net annual income (TTM): $132.70M as of Dec 31, 2019
Free cash flow (TTM): $166.30M as of Dec 31, 2019
Net Debt Last Fiscal Year: $684.40M as of Dec 31, 2019
Shares outstanding: 34,473,835 as of Feb 5, 2020
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization