NYSE$MTX

Minerals Technologies Inc · Q4 2024 earnings

Q4 2024 earnings · · After market close · Investor relations

Briefing

Minerals Technologies Inc. reported its financial results for the fourth quarter and full year ended December 31, 2024, highlighting record operating income and earnings per share, improved margins, and strengthened balance sheet.

Minerals Technologies Inc. achieved an outstanding year in 2024, delivering record operating income and earnings per share, significantly expanding margins, strengthening its balance sheet, and increasing returns to shareholders. Despite challenging end-market conditions in the fourth quarter, the company finished the year with another record performance.

  • Record Fourth Quarter and Full Year Operating Income and Earnings Per Share Excluding Special Items were achieved.
  • Full Year Operating Margin was delivered a year ahead of target.
  • Strong Free Cash Flow continued throughout the year.
  • Balance Sheet Strength improved by increasing liquidity and extending debt maturities.

Headline financials

Total Revenue

$518M

Previous: $525M-1.2%
EPS (adj)

$1.50

Previous: $1.28+17.2%
Capital Expenditures

-$28.1M

Previous: $22.5M-224.9%
Net Income

$54.7M

Previous: $40.8M+34.1%
Operating Income

$84.1M

Previous: $67M+25.5%
Gross Profit

$133M

Previous: $125M+5.9%
R&D Expense

$5.7M

Previous: $5.1M+11.8%

Revenue & EPS history

Minerals Technologies · Revenue · Quarterly

$518M

Q4 2024-1.2%vs Q4 2023
Beat estimate in 3 of 15 quarters(20%)
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

The company will host a conference call on February 7, 2025, to discuss operating results for the fourth quarter and full year 2024.

Tailwinds

  • Record operating income and earnings per share achieved.
  • Significant expansion of margins.
  • Strengthened balance sheet.
  • Increased returns to shareholders.
  • Significant progress on growth strategies, including new products and technologies, expansion in strategic regions, and strengthening positions across product lines.

Headwinds

  • Experienced some challenging end-market conditions in the fourth quarter.
  • High-Temperature Technologies sales were down due to softer demand in some industrial end markets.
  • Environmental & Infrastructure sales were down due to lower levels of project activity (for the full year).
  • Sales were down 1% from the prior year for the fourth quarter.
  • Specialty Additives sales were down 2% from the prior year.

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 Q4 2024

Historical avgQ4 2024

+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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