Minerals Technologies (MTX) Interest Expenses (2013 - 2024)
Minerals Technologies' (MTX) quarterly Interest Expenses came in at $14.9 million in Q1 2024, up 4.93% year-on-year from $14.2 million in Q2 2023, and down 1.97% quarter-over-quarter from $15.2 million in Q4 2023.
Minerals Technologies (MTX) Interest Expenses (2013 - 2024) Analysis & Trends
Minerals Technologies has disclosed Interest Expenses across 12 years of filings, most recently posting $14.9 million for Q1 2024.
- Interest Expenses for Q1 2024 came in at $14.9 million, up 4.93% year-over-year; the trailing twelve-month figure through Dec 2024 was $14.9 million (down 74.83% YoY), and the FY2023 annual result was $59.2 million, up 34.85% from the prior year.
- Interest Expenses came in at $14.9 million for Q1 2024 at Minerals Technologies, down from $15.2 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $15.3 million in Q4 2023 to a low of $8.1 million in Q2 2020.
- The 5-year median for Interest Expenses is $10.4 million (2022), against an average of $11.4 million.
- Across the five-year window, Interest Expenses dropped 25.69% in 2020 and jumped 44.9% in 2023, its largest moves.
- Minerals Technologies' Interest Expenses stood at $10.7 million in 2020, then declined by 15.89% to $9.0 million in 2021, then jumped by 41.11% to $12.7 million in 2022, then increased by 19.69% to $15.2 million in 2023, then fell by 1.97% to $14.9 million in 2024.
- The last three Interest Expenses figures came in at $14.9 million (Q1 2024), $15.2 million (Q4 2023), and $15.3 million (Q4 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 62.00 Mn |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -53.70 Mn |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 131.60 Mn |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | -64.30 Mn |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 49.50 Mn |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 61.00 Mn |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 44.00 Mn |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 40.00 Mn |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | 138.00 Mn |
| 10 | Minerals Technologies | 2.43 Bn | 2.14 Bn | 131.10 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 14.90 Mn |
| Mar 31, 2024 | 14.90 Mn |
| Dec 31, 2023 | 15.20 Mn |
| Dec 31, 2023 | 15.20 Mn |
| Oct 1, 2023 | 15.30 Mn |
| Oct 1, 2023 | 15.30 Mn |
| Jul 2, 2023 | 14.50 Mn |
| Jul 2, 2023 | 14.50 Mn |
| Apr 2, 2023 | 14.20 Mn |
| Apr 2, 2023 | 14.20 Mn |
| Dec 31, 2022 | 12.70 Mn |
| Dec 31, 2022 | 12.70 Mn |
| Oct 2, 2022 | 11.00 Mn |
| Oct 2, 2022 | 11.00 Mn |
| Jul 3, 2022 | 10.40 Mn |
| Jul 3, 2022 | 10.40 Mn |
| Apr 3, 2022 | 9.80 Mn |
| Apr 3, 2022 | 9.80 Mn |
| Dec 31, 2021 | 9.00 Mn |
| Dec 31, 2021 | 9.00 Mn |