Minerals Technologies (MTX) Operating Expenses (2009 - 2026)
Minerals Technologies (MTX) posted quarterly Operating Expenses of $349.2 million for Q3 2026, up 448.19% year-over-year from $63.7 million in Q3 2025, and up 382.32% on a QoQ basis from $72.4 million in Q2 2026.
Minerals Technologies (MTX) Operating Expenses (2009 - 2026) Analysis & Trends
Minerals Technologies has reported Operating Expenses for 18 years, with the latest figure at $349.2 million in Q3 2026.
- Operating Expenses for Q3 2026 came in at $349.2 million, up 448.19% year-over-year; the trailing twelve-month figure through Jul 2026 was $550.8 million (up 21.16% YoY), and the FY2025 annual result was $250.5 million, up 2.87% from the prior year.
- Operating Expenses rose to $349.2 million in Q3 2026, from $72.4 million in the prior quarter.
- Over five years, Operating Expenses peaked at $349.2 million in Q3 2026 and troughed at $51.6 million in Q4 2022.
- A 5-year average of $89.1 million and a median of $62.0 million in 2024 frame the typical range for Operating Expenses.
- The largest YoY upside for Operating Expenses was 448.19% in 2026 against a maximum downside of 73.32% in 2026.
- A 5-year view of Operating Expenses shows it stood at $54.1 million in 2022, then jumped by 44.92% to $78.4 million in 2023, then slipped by 22.32% to $60.9 million in 2024, then grew by 3.61% to $63.1 million in 2025, then soared by 453.41% to $349.2 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $349.2 million in Q3 2026, $72.4 million in Q2 2026, and $63.1 million in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 928.00 Mn |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 2.10 Bn |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 1.19 Bn |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 3.15 Bn |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 1.15 Bn |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -48.90 Mn |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 7.63 Bn |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 613.00 Mn |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 311.00 Mn |
| 10 | Minerals Technologies | 2.19 Bn | 1.84 Bn | 133.80 Mn | 349.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 349.20 Mn |
| Apr 5, 2026 | 63.60 Mn |
| Dec 31, 2025 | 65.10 Mn |
| Sep 28, 2025 | 58.60 Mn |
| Jun 29, 2025 | 63.70 Mn |
| Mar 30, 2025 | 59.20 Mn |
| Dec 31, 2024 | 58.50 Mn |
| Sep 29, 2024 | 56.00 Mn |
| Jun 30, 2024 | 59.10 Mn |
| Mar 31, 2024 | 58.60 Mn |
| Dec 31, 2023 | 62.70 Mn |
| Oct 1, 2023 | 56.10 Mn |
| Jul 2, 2023 | 57.60 Mn |
| Apr 2, 2023 | 57.70 Mn |
| Dec 31, 2022 | 54.10 Mn |
| Oct 2, 2022 | 51.10 Mn |
| Jul 3, 2022 | 56.40 Mn |
| Apr 3, 2022 | 55.50 Mn |
| Dec 31, 2021 | 53.40 Mn |
| Oct 3, 2021 | 50.50 Mn |