Minerals Technologies (MTX) Cost of Revenue (2009 - 2026)
Minerals Technologies (MTX) recorded Cost of Revenue of $425.7 million in Q3 2026, up 7.7% from $395.4 million a year earlier and up 2.7% from the prior quarter.
Minerals Technologies (MTX) Cost of Revenue (2009 - 2026) Analysis & Trends
On a TTM basis, Minerals Technologies' Cost of Revenue came in at $1.65 billion as of Oct 4, 2026, up 6.9% year-over-year; for FY2025, it came in at $1.55 billion, down 1.0% from FY2024.
- Annual Cost of Revenue has a five-year compound annual growth rate of 5.5% (FY2020 to FY2025).
- Across earlier years, Cost of Revenue came in at $1.57 billion in FY2024 (-5.5%), $1.66 billion in FY2023 (+0.1%), $1.66 billion in FY2022 (+17.6%) and $1.41 billion in FY2021 (+18.7%).
- The Q3 2026 figure is the highest quarterly Cost of Revenue since Q2 2022.
- On a year-over-year basis, Cost of Revenue has increased for five consecutive quarters, with growth averaging 2.2% over the last eight quarters.
- Peak year-over-year performance for Cost of Revenue in the last five years was growth of 26.3% in Q2 2022, against a decline of 6.6% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $414.6 million (Q2 2026), $415.8 million (Q1 2026) and $395 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Nucor | 175.24 Bn | 165.01 Bn | 2.33 Bn | 8.92 Bn |
| 2 | Rio Tinto | 166.15 Bn | 128.95 Bn | - | - |
| 3 | Southern Copper | 143.83 Bn | 118.64 Bn | 3.10 Bn | 1.60 Bn |
| 4 | Rio Tinto | 137.31 Bn | 104.37 Bn | - | - |
| 5 | Newmont | 124.66 Bn | 89.98 Bn | 4.22 Bn | 2.14 Bn |
| 6 | Ternium | 102.52 Bn | 75.29 Bn | 1.04 Bn | 3.61 Bn |
| 7 | Agnico Eagle Mines | 95.19 Bn | 82.13 Bn | 2.15 Bn | 972.41 Mn |
| 8 | Freeport-Mcmoran | 86.53 Bn | 83.18 Bn | 2.55 Bn | 5.00 Bn |
| 9 | Barrick Mining | 66.50 Bn | 50.91 Bn | 2.71 Bn | 2.36 Bn |
| 10 | Minerals Technologies | 1.92 Bn | 572.58 Mn | 129.20 Mn | 425.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Oct 4, 2026 | 425.70 Mn |
| Jul 5, 2026 | 414.60 Mn |
| Apr 5, 2026 | 415.80 Mn |
| Dec 31, 2025 | 395.00 Mn |
| Sep 28, 2025 | 395.40 Mn |
| Jun 29, 2025 | 392.00 Mn |
| Mar 30, 2025 | 372.20 Mn |
| Dec 31, 2024 | 385.40 Mn |
| Sep 29, 2024 | 389.50 Mn |
| Jun 30, 2024 | 397.30 Mn |
| Mar 31, 2024 | 398.60 Mn |
| Dec 31, 2023 | 399.20 Mn |
| Oct 1, 2023 | 414.70 Mn |
| Jul 2, 2023 | 423.50 Mn |
| Apr 2, 2023 | 425.40 Mn |
| Dec 31, 2022 | 409.90 Mn |
| Oct 2, 2022 | 423.60 Mn |
| Jul 3, 2022 | 429.70 Mn |
| Apr 3, 2022 | 397.40 Mn |
| Dec 31, 2021 | 370.90 Mn |
Minerals Technologies Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "MTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=MTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();