MINERALS TECHNOLOGIES (MTX) Company Report

MTX reported Q3 2025 sales of $532 million, representing a 1% increase sequentially and year-over-year, and achieved record third-quarter earnings per share of $1.55.
The company announced a 9% increase to its regular quarterly dividend, marking the third consecutive year of dividend increases, and returned $20 million to shareholders during the quarter.
Strategic investments include a $9 million to $10 million expansion at its Turkey plant for natural oil purification, which will increase capacity by 30%. These and other investments are projected to generate $100 million in incremental revenue over the next 12 to 18 months.
Despite facing mixed market conditions in areas like residential construction and heavy equipment, MTX experienced strong growth in natural oil purification, with sales up 18% this year, and animal health products, with sales up 12% this year.
Litigation expenses for Q3 2025 were $7.5 million, which is higher than the typical $3 million to $4 million per quarter, as the company continues efforts to establish a 524G trust.

Oct 24, 2025, 3:00 PM

Transcript

MTX Reports Q3 2025 Results, Announces Dividend Increase, and Provides Q4 Outlook

MTX

Earnings

Guidance Update

New Projects/Investments

MTX reported Q3 2025 sales of $532,000,000, a 1% increase sequentially and year-over-year, with earnings per share of $1.55, marking a record for the third quarter.
The company is navigating mixed market conditions, experiencing sluggish sales growth in residential and commercial construction, heavy truck, agricultural equipment, and Europe, which was offset by strong demand in natural oil purification, animal health products, and Asian markets for pet litter and paper/packaging.
MTX announced a 9% increase in its regular quarterly dividend and returned $20,000,000 to shareholders in Q3 2025 through share repurchases and dividends.
Strategic investments in pet litter (North America and China), natural oil purification (Turkey), and Paper and Packaging (Asia) are expected to generate $100,000,000 in incremental revenue over the next 12 to 18 months.
For Q4 2025, MTX anticipates sales to be 2% to 4% lower sequentially, ranging from $510,000,000 to $525,000,000, with operating income projected between $65,000,000 and $70,000,000 and EPS between $1.20 and $1.30.

Oct 24, 2025, 3:00 PM

Transcript

Minerals Technologies Reports Record Q3 2025 Earnings Per Share

MTX

Earnings

Guidance Update

Dividends

Minerals Technologies reported record third quarter earnings per share of $1.55, a 3% increase year-over-year, on $532 million in sales for Q3 2025.
The company generated strong free cash flow of $44 million in Q3 2025, up 24% year-over-year, and returned $20 million to shareholders while increasing its quarterly dividend by 9%.
For Q4 2025, Minerals Technologies anticipates sales between $510 million and $525 million, operating income between $65 million and $70 million, and EPS between $1.20 and $1.30.

Oct 24, 2025, 3:00 PM

Presentation

Minerals Technologies Reports Q3 2025 Results and Provides Q4 Outlook

MTX

Earnings

Guidance Update

New Projects/Investments

Minerals Technologies reported Q3 2025 sales of $532 million, a 1% increase sequentially and year-over-year, achieving record Q3 earnings per share of $1.55 and $78 million in operating income.
The company navigated mixed market conditions, with softness in residential and commercial construction, heavy truck, agricultural equipment, and Europe, offset by strong growth in pet litter in Asia, natural oil purification, animal health, and infrastructure drilling products.
Strategic investments, including pet care plant upgrades and a $9-$10 million expansion at its Turkey plant for natural oil purification, are expected to generate $100 million in incremental revenue over the next 12-18 months.
For Q4 2025, sales are projected to be approximately 2%-4% lower sequentially, ranging from $510 million to $525 million, with expected earnings per share between $1.20 and $1.30.
The company returned $20 million to shareholders in Q3 2025 and announced a 9% increase to its regular quarterly dividend.

Oct 24, 2025, 3:00 PM

Transcript

Minerals Technologies Inc. Announces Quarterly Dividend Increase

MTX

Dividends

Share Buyback

Minerals Technologies Inc. (MTX) announced a 9% increase in its regular quarterly dividend to $0.12 per share.
This marks the third consecutive year the company's Board of Directors has authorized an increase in the quarterly dividend.
The dividend is payable on December 4, 2025, to stockholders of record at the close of business on October 30, 2025.
The company has also repurchased $50 million of its shares through the third quarter ended September 28, 2025, under a $200 million share repurchase program authorized in October 2024.

Oct 16, 2025, 12:44 PM

8-K

Minerals Technologies Inc. Increases Quarterly Dividend

MTX

Dividends

Share Buyback

Minerals Technologies Inc. (MTX) announced a 9% increase in its regular quarterly dividend to $0.12 per share, payable on December 4, 2025, to stockholders of record at the close of business on October 30, 2025.
This marks the third consecutive year the company's Board of Directors has authorized a quarterly dividend increase, reflecting confidence in MTI's ability to deliver steady cash flow and execute its long-term growth strategy.
The company also has an ongoing $200 million share repurchase program, authorized in October 2024, under which $50 million of shares have been repurchased through the third quarter ended September 28, 2025.

Oct 15, 2025, 1:17 PM

Press Release

Minerals Technologies Reports Q2 2025 Earnings

MTX

Earnings

Share Buyback

Demand Weakening

Minerals Technologies Inc. reported strong second-quarter 2025 earnings, with net income rising to $45.4 million and adjusted earnings per share reaching $1.55, beating analyst expectations by $0.14.
Despite the earnings growth, revenue declined 2% year-over-year to $528.9 million, slightly missing estimates, amidst challenging market conditions and softer demand.
The company improved its operating margin by 200 basis points to 14.9% and generated $63 million in cash flow from operations.
Minerals Technologies returned $22 million to shareholders through stock repurchases and dividends in Q2 2025.

Jul 25, 2025, 12:48 AM

Morningstar

Minerals Technologies Inc. Reports Q1 2025 Financial Results and Q2 Outlook

MTX

Earnings

Guidance Update

Legal Proceedings

Minerals Technologies Inc. (MTX) reported Q1 2025 sales of $492 million, operating income of $63 million, and diluted earnings per share of $1.14. These figures represent an 8% decrease in sales and a 23% decrease in EPS compared to Q1 2024.
The Q1 2025 performance was impacted by abnormally slow January and February due to customer order changes and destocking activities, leading to lower volumes, unfavorable product mix, and higher costs.
A provision for litigation reserve of $215.0 million was established in Q1 2025 related to the BMI OldCo Chapter 11 case, significantly impacting reported net income.
For Q2 2025, MTX projects sales between $520 million and $535 million, operating income of approximately $75 million, and earnings per share of approximately $1.40.

Apr 25, 2025, 3:00 PM

Presentation

Minerals Technologies Inc. Reports Q1 2025 Loss Due to Litigation Reserve

MTX

Earnings

Legal Proceedings

Demand Weakening

Minerals Technologies Inc. (MTX) reported a loss per share of $4.51 for the first quarter ended March 30, 2025, primarily due to the establishment of a $215 million reserve for estimated costs related to talc-related claims and its subsidiary BMI OldCo's Chapter 11 case.
Worldwide net sales for Q1 2025 were $492 million, an 8 percent decrease compared to the prior year, driven by softer demand conditions and customer destocking in both segments.
Excluding special items, the company's earnings were $1.14 per share.
MTI initiated a $10 million annualized cost savings program, primarily through workforce reductions, and recorded a $5.5 million charge for associated costs in Q1 2025.
Management noted a significant improvement in sales in March, with expectations for this trend to continue through the second quarter.

Apr 24, 2025, 12:00 AM

8-K

Minerals Technologies Inc. Updates on Subsidiary's Chapter 11 Case and Preliminary Q1 2025 Results

MTX

Legal Proceedings

Guidance Update

Layoffs

Minerals Technologies Inc. (MTI) recorded a provision of $215 million for estimated costs to fund a trust to resolve talc-related claims and cover BMI OldCo's Chapter 11 case and related litigation costs, including $30 million in additional debtor-in-possession financing.
The company announced preliminary first quarter 2025 sales of $492 million and operating income of $63 million (excluding special charges), which is below its guidance of $500 million in sales and $70 million in operating income.
The lower preliminary results were attributed to slower demand conditions and customers adjusting inventory levels due to economic uncertainty, though sales improved significantly in March and are expected to lead to a stronger second quarter.
MTI initiated a cost savings program, primarily through workforce reductions, expecting $10 million in annualized savings and recording a $5.5 million restructuring charge.

Apr 17, 2025, 12:00 AM

8-K

Earnings Transcripts

Quarterly earnings call transcripts for MINERALS TECHNOLOGIES.

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