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| Date | Value |
|---|---|
| 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 |