Minerals Technologies (MTX) Gross Margin (2009 - 2026)
Minerals Technologies (MTX) posted quarterly Gross Margin of 24.4% for Q3 2026, down 149.0% year-over-year from 49.79% in Q3 2025, and up 1.78% on a QoQ basis from 23.97% in Q2 2026.
Minerals Technologies (MTX) Gross Margin (2009 - 2026) Analysis & Trends
Minerals Technologies has reported Gross Margin for 18 years, with the latest figure at 24.4% in Q3 2026.
- Gross Margin for Q3 2026 came in at 24.4%, down 149.0% year-over-year; the trailing twelve-month figure through Jul 2026 was 24.52% (down 90.0% YoY), and the FY2025 annual result was 24.99%, down 86.0% from the prior year.
- Gross Margin grew to 24.4% in Q3 2026, from 23.97% in the prior quarter.
- Over five years, Gross Margin peaked at 26.59% in Q2 2024 and troughed at 19.25% in Q4 2022.
- A 5-year average of 24.03% and a median of 24.13% in 2023 frame the typical range for Gross Margin.
- The widest annual swing landed in 2022, when Gross Margin sank 298 bps; it then surged 464 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 19.25% in 2022, then increased by 24 bps to 23.89% in 2023, then climbed by 7 bps to 25.61% in 2024, then slipped by 6 bps to 23.97% in 2025, then grew by 2 bps to 24.4% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 24.4% in Q3 2026, 23.97% in Q2 2026, and 23.97% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 47.67% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 49.17% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 44.07% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 32.77% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 40.22% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | 44.24% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 22.21% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 43.65% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 35.13% |
| 10 | Minerals Technologies | 2.19 Bn | 1.84 Bn | 133.80 Mn | 24.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 24.40% |
| Apr 5, 2026 | 23.97% |
| Dec 31, 2025 | 23.97% |
| Sep 28, 2025 | 25.73% |
| Jun 29, 2025 | 25.88% |
| Mar 30, 2025 | 24.32% |
| Dec 31, 2024 | 25.61% |
| Sep 29, 2024 | 25.77% |
| Jun 30, 2024 | 26.59% |
| Mar 31, 2024 | 25.43% |
| Dec 31, 2023 | 23.89% |
| Oct 1, 2023 | 24.30% |
| Jul 2, 2023 | 23.21% |
| Apr 2, 2023 | 22.10% |
| Dec 31, 2022 | 19.25% |
| Oct 2, 2022 | 21.83% |
| Jul 3, 2022 | 22.85% |
| Apr 3, 2022 | 23.44% |
| Dec 31, 2021 | 22.23% |
| Oct 3, 2021 | 23.94% |