NYSE$MTX

Minerals Technologies Inc · Q2 2022 earnings

Q2 2022 earnings · · Investor relations

Briefing

Reported record EPS, excluding special items, and sales, driven by strong market demand, acquisitions, and pricing actions.

Minerals Technologies reported a record quarter with EPS of $1.50, excluding special items, and sales of $557 million, up 22% year-over-year. The company's performance was driven by strong market demand, acquisitions, and pricing actions across all segments.

  • Sales of $557 million, a record quarter and up 22% YoY, or 27% on a constant currency basis, reflecting double-digit gains in all segments
  • Operating income of $69 million, or $74 million excluding special items, a record second quarter and up 15% YoY
  • EPS of $1.50 excluding special items, a record for the company and up 16% YoY
  • Acquired bolt-on European Pet Litter Business (“Concept Pet”)

Headline financials

Total Revenue

$557M

Previous: $456M+22.3%
EPS (adj)

$1.50

Previous: $1.29+16.3%
Capital Expenditures

-$40.2M

Previous: -$39.8M-1.0%
Free Cash Flow

$4.7M

Previous: $2.1M+123.8%
Net Income

$44.9M

Previous: $41.9M+7.2%
Operating Income

$69.4M

Previous: $63.7M+8.9%
Gross Profit

$127M

Previous: $115M+10.3%
Cash & Equivalents

$235M

Previous: $404M-41.8%
Total Assets

$3.4B

Previous: $3.25B+4.6%

Revenue & EPS history

Minerals Technologies · Revenue · Quarterly

$557M

Q2 2022+22.3%vs Q2 2021
Beat estimate in 9 of 16 quarters(56%)
ActualEstimate

Revenue by segment

Minerals Technologies · $1.04B total across 6 segments · Q4 2025

  • Consumer & Specialties
    $274M
  • Engineered Solutions
    $245M
  • High-Temp Technologies
    $178M
  • Specialty Additives
    $142M
  • Household & Personal Care
    $133M
  • Env. & Infrastructure
    $67.2M

Forward guidance

This press release may contain forward‐looking statements that provide current expectations and forecasts of future events such as new products, revenues and financial performance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q2 2022

Historical avgQ2 2022

+0.3%

Avg return

Earnings day

-0.0%

Avg return

5 days after

+1.4%

Avg return

30 days after

55%

38 / 69 earnings

Positive

+12.4%

Q3 2014

Best reaction

-11.0%

Q4 2022

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.4%+10.2%+6.2%
Q4 2025+1.1%+9.7%+8.2%
Q3 2025-2.5%-10.4%-4.4%
Q2 2025+10.3%-1.2%+7.8%
Q1 2025-9.9%-12.3%-1.1%
Q4 2024-3.1%-4.0%-11.0%
Q3 2024-0.9%-1.5%+8.1%
Q2 2024-10.9%-11.2%-12.9%
Q1 2024+2.2%+1.1%+18.2%
Q4 2023+4.8%+6.4%+10.9%
Q3 2023+4.8%+6.8%+22.5%
Q2 2023+1.1%+4.2%+0.7%
Q1 2023+5.9%+6.3%+2.9%
Q4 2022-11.0%-10.3%-11.3%
Q3 2022-2.3%-3.0%+1.0%
Q2 2022+0.7%-4.1%-6.6%
Q1 2022+3.0%+6.6%+9.1%
Q4 2021-5.9%+0.9%-4.7%
Q3 2021+0.8%+1.0%-11.4%
Q2 2021+2.3%+0.9%+1.0%
Q1 2021+2.1%+3.3%+6.8%
Q4 2020+3.3%+9.0%+17.4%
Q3 2020+2.0%+7.1%+16.5%
Q2 2020-5.5%+1.0%+6.2%
Q1 2020-9.2%-9.1%+5.6%
Q4 2019-2.3%+0.2%-19.1%
Q3 2019+2.5%+6.0%+4.1%
Q2 2019-0.5%-5.3%-9.5%
Q1 2019+5.3%+1.6%-12.8%
Q4 2018+3.4%+0.5%+4.9%
Q3 2018+7.1%+5.1%+2.8%
Q2 2018-2.1%-8.8%-10.0%
Q1 2018+1.5%+4.7%+8.7%
Q4 2017-3.7%-8.0%-6.7%
Q3 2017-1.2%+0.9%-1.5%
Q2 2017-2.2%-4.8%-8.1%
Q1 2017-0.8%-3.8%-4.3%
Q4 2016-1.1%-3.2%-4.4%
Q3 2016+2.6%+1.7%+16.5%
Q2 2016+2.8%+5.4%+10.0%
Q1 2016+1.8%
Q4 2015+4.0%
Q3 2015+3.9%
Q2 2015-3.9%
Q1 2015+0.8%
Q4 2014+8.3%
Q3 2014+12.4%
Q2 2014+4.2%
Q1 2014-2.3%
Q4 2013-5.2%
Q3 2013-0.4%
Q2 2013-1.0%
Q1 2013-1.3%
Q4 2012+3.7%
Q3 2012-0.3%
Q2 2012+3.7%
Q1 2012+0.3%
Q4 2008-0.8%
Q4 2011-0.8%
Q3 2011-3.9%
Q2 2011-1.0%
Q1 2010+0.1%
Q1 2011+0.9%
Q4 2010+2.3%
Q3 2009-3.5%
Q3 2010-3.5%
Q2 2010+3.3%
Q2 2009+3.3%
Q4 2009+3.3%

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