Minerals Technologies (MTX) Tax Rate (2009 - 2026)

Minerals Technologies (MTX) reported Tax Rate of 21.57% for Q2 2026, up 336.0% on a YoY basis from 4.95% in Q2 2025, and down 75.95% sequentially from 89.7% in Q4 2025.

Minerals Technologies (MTX) Tax Rate (2009 - 2026) Analysis & Trends

Minerals Technologies (MTX) has 18 years of Tax Rate data on file, last reported at 21.57% in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate rose 336.0% year-over-year to 21.57%; the trailing twelve-month figure through Apr 2026 stood at 37.99% (down 2836.0% YoY), and the FY2025 full-year result was 265.0%, down 27074.0% from the prior year.
  • Tax Rate fell to 21.57% in Q2 2026, from 89.7% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 89.7% in Q4 2025 to a low of 113.94% in Q4 2024.
  • A 5-year average of 15.08% and a median of 21.57% in 2026 frame the typical range for Tax Rate.
  • Across the five-year window, Tax Rate slumped 10455 bps in 2024 and surged 20364 bps in 2025, its largest moves.
  • Tracing MTX's Tax Rate over 5 years: stood at 6.99% in 2022, then sank by 34 bps to 9.39% in 2023, then plunged by 1114 bps to 113.94% in 2024, then soared by 179 bps to 89.7% in 2025, then sank by 76 bps to 21.57% in 2026.
  • Business Quant data shows MTX's Tax Rate at 21.57% in Q2 2026, 89.7% in Q4 2025, and 23.85% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Linde 237.95 Bn 233.99 Bn 4.26 Bn 23.49
2 Sherwin Williams 78.17 Bn 77.95 Bn 2.78 Bn 21.34
3 Ecolab 76.02 Bn 75.37 Bn 1.85 Bn -52.75
4 Air Products & Chemicals 66.38 Bn 65.43 Bn 987.40 Mn 17.96
5 Ppg Industries 26.02 Bn 24.40 Bn 1.66 Bn 25.53
6 LyondellBasell Industries 22.51 Bn 19.87 Bn 701.00 Mn -1.46
7 Chemical & Mining Co Of Chile 19.70 Bn 15.83 Bn 778.60 Mn 41.34
8 International Flavors & Fragrances 19.51 Bn 18.95 Bn 1.02 Bn 18.66
9 DuPont de Nemours 18.80 Bn 18.71 Bn 602.00 Mn 17.13
10 Minerals Technologies 2.31 Bn 1.99 Bn 131.10 Mn 21.57

Historic Data

Download Data
DateValue
Apr 5, 2026 21.57
Apr 5, 2026 21.57
Apr 5, 2026 21.57
Dec 31, 2025 89.70
Dec 31, 2025 89.70
Dec 31, 2025 89.70
Sep 28, 2025 23.85
Sep 28, 2025 23.85
Sep 28, 2025 23.85
Jun 29, 2025 23.52
Jun 29, 2025 23.52
Jun 29, 2025 23.52
Mar 30, 2025 18.21
Mar 30, 2025 18.21
Mar 30, 2025 18.21
Dec 31, 2024 -113.94
Dec 31, 2024 -113.94
Dec 31, 2024 -113.94
Sep 29, 2024 23.03
Sep 29, 2024 23.03