Minerals Technologies (MTX) Tax Rate (2009 - 2026)
Minerals Technologies (MTX) posted quarterly Tax Rate of 19.97% for Q3 2026, down 355.0% year-over-year from 7.83% in Q3 2025, and down 7.39% on a QoQ basis from 21.57% in Q2 2026.
Minerals Technologies (MTX) Tax Rate (2009 - 2026) Analysis & Trends
Minerals Technologies has reported Tax Rate for 18 years, with the latest figure at 19.97% in Q3 2026.
- Tax Rate for Q3 2026 came in at 19.97%, down 355.0% year-over-year; the trailing twelve-month figure through Jul 2026 was 13.55% (down 11355.0% YoY), and the FY2025 annual result was 29.41%, down 5597.0% from the prior year.
- Tax Rate declined to 19.97% in Q3 2026, from 21.57% in the prior quarter.
- Over five years, Tax Rate peaked at 45.09% in Q2 2024 and troughed at 49.55% in Q4 2025.
- A 5-year average of 18.99% and a median of 22.04% in 2023 frame the typical range for Tax Rate.
- The widest annual swing landed in 2024, when Tax Rate soared 2303 bps; it then sank 7290 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 23.08% in 2022, then grew by 21 bps to 28.0% in 2023, then slipped by 17 bps to 23.34% in 2024, then slumped by 312 bps to 49.55% in 2025, then soared by 140 bps to 19.97% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.97% in Q3 2026, 21.57% in Q2 2026, and 49.55% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 222.77 Bn | 217.87 Bn | 4.43 Bn | 23.96% |
| 2 | Sherwin Williams | 84.55 Bn | 84.26 Bn | 3.34 Bn | 24.17% |
| 3 | Ecolab | 78.89 Bn | 73.75 Bn | 1.95 Bn | 22.33% |
| 4 | Air Products & Chemicals | 66.91 Bn | 65.93 Bn | 1.04 Bn | 26.60% |
| 5 | Ppg Industries | 25.15 Bn | 23.56 Bn | 1.81 Bn | 22.32% |
| 6 | Chemical & Mining Co Of Chile | 22.35 Bn | 18.48 Bn | 778.60 Mn | -41.34% |
| 7 | LyondellBasell Industries | 22.02 Bn | 19.39 Bn | 2.04 Bn | 29.21% |
| 8 | International Flavors & Fragrances | 21.27 Bn | 20.70 Bn | 853.00 Mn | 48.44% |
| 9 | DuPont de Nemours | 18.86 Bn | 17.12 Bn | 639.00 Mn | 28.20% |
| 10 | Minerals Technologies | 2.19 Bn | 1.84 Bn | 133.80 Mn | 19.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 5, 2026 | 19.97% |
| Jul 5, 2026 | 19.97% |
| Jul 5, 2026 | 19.97% |
| 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% |