Minerals Technologies (MTX) Tax Rate (2009 - 2026)
Minerals Technologies' (MTX) quarterly Tax Rate came in at 21.57% in Q2 2026, up 336.0% year-on-year from 4.95% in Q2 2025, and up 143.53% quarter-over-quarter from 49.55% in Q4 2025.
Minerals Technologies (MTX) Tax Rate (2009 - 2026) Analysis & Trends
Minerals Technologies has disclosed Tax Rate across 18 years of filings, most recently posting 21.57% for Q2 2026.
- Tax Rate for Q2 2026 came in at 21.57%, up 336.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 186.14% (up 29083.0% YoY), and the FY2025 annual result was 29.41%, down 5597.0% from the prior year.
- Tax Rate came in at 21.57% for Q2 2026 at Minerals Technologies, up from 49.55% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 185.0% in Q4 2022 to a low of 49.55% in Q4 2025.
- The 5-year median for Tax Rate is 22.01% (2023), against an average of 26.25%.
- Across the five-year window, Tax Rate slumped 19439 bps in 2023 and jumped 3273 bps in 2024, its largest moves.
- Minerals Technologies' Tax Rate stood at 185.0% in 2022, then tumbled by 105 bps to 9.39% in 2023, then jumped by 349 bps to 23.34% in 2024, then plunged by 312 bps to 49.55% in 2025, then soared by 144 bps to 21.57% in 2026.
- The last three Tax Rate figures came in at 21.57% (Q2 2026), 49.55% (Q4 2025), and 23.85% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 237.64 Bn | 233.69 Bn | 4.26 Bn | 23.49 |
| 2 | Chemical & Mining Co Of Chile | 127.66 Bn | 124.93 Bn | 778.60 Mn | -41.34 |
| 3 | Sherwin Williams | 78.87 Bn | 78.66 Bn | 2.78 Bn | 21.34 |
| 4 | Ecolab | 76.59 Bn | 75.97 Bn | 1.85 Bn | 13.89 |
| 5 | Air Products & Chemicals | 62.39 Bn | 63.94 Bn | 987.40 Mn | 17.96 |
| 6 | Ppg Industries | 26.44 Bn | 24.97 Bn | 1.66 Bn | 25.53 |
| 7 | International Flavors & Fragrances | 19.67 Bn | 19.14 Bn | 1.02 Bn | 18.66 |
| 8 | DuPont de Nemours | 19.57 Bn | 19.68 Bn | 602.00 Mn | 17.13 |
| 9 | LyondellBasell Industries | 19.28 Bn | 19.39 Bn | 701.00 Mn | -1.46 |
| 10 | Minerals Technologies | 2.43 Bn | 2.14 Bn | 131.10 Mn | 21.57 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 5, 2026 | 21.57% |
| Apr 5, 2026 | 21.57% |
| Dec 31, 2025 | -49.55% |
| Dec 31, 2025 | -49.55% |
| Sep 28, 2025 | 23.85% |
| Sep 28, 2025 | 23.85% |
| Jun 29, 2025 | 23.52% |
| Jun 29, 2025 | 23.52% |
| Mar 30, 2025 | 18.21% |
| Mar 30, 2025 | 18.21% |
| Dec 31, 2024 | 23.34% |
| Dec 31, 2024 | 23.34% |
| Sep 29, 2024 | 23.03% |
| Sep 29, 2024 | 23.03% |
| Jun 30, 2024 | 45.09% |
| Jun 30, 2024 | 45.09% |
| Mar 31, 2024 | 23.13% |
| Mar 31, 2024 | 23.13% |
| Dec 31, 2023 | -9.39% |
| Dec 31, 2023 | -9.39% |