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
DateValue
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%