Minerals Technologies (MTX) Tax Rate (2009 - 2026)
Minerals Technologies' (MTX) quarterly Tax Rate came in at 19.97% in Q3 2026, down 355.0% year-over-year from 7.83% in Q3 2025, and down 7.39% quarter-over-quarter from 21.57% in Q2 2026.
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Minerals Technologies (MTX) Tax Rate (2009 - 2026) Analysis & Trends
Minerals Technologies has disclosed Tax Rate across 18 years of filings, most recently posting 19.97% for Q3 2026.
- In Q3 2026, Tax Rate fell 355.0% year-over-year to 19.97%; the TTM figure through Jul 2026 stood at 13.55% (down 11355.0% YoY), while the FY2025 annual figure was 29.41%, down 5597.0% from the prior year.
- Tax Rate came in at 19.97% for Q3 2026 at Minerals Technologies, down from 21.57% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 45.09% in Q2 2024 to a low of 49.55% in Q4 2025.
- Average Tax Rate over 5 years is 18.99%, with a median of 22.04% recorded in 2023.
- Year-over-year, Tax Rate jumped 2303 bps in 2024 and plunged 7290 bps in 2025.
- Over 5 years, Tax Rate stood at 23.08% in 2022, then advanced by 21 bps to 28.0% in 2023, then retreated by 17 bps to 23.34% in 2024, then slumped by 312 bps to 49.55% in 2025, then jumped 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Materion | 5.30 Bn | 5.28 Bn | 104.34 Mn | 12.91% |
| 2 | United States Lime & Minerals | 3.32 Bn | 2.92 Bn | 46.72 Mn | 21.62% |
| 3 | Minerals Technologies | 2.16 Bn | 1.81 Bn | 133.80 Mn | 19.97% |
| 4 | Atlas Energy Solutions | 1.82 Bn | 1.65 Bn | 25.86 Mn | 44.88% |
| 5 | Compass Minerals International | 1.09 Bn | 1.03 Bn | 37.90 Mn | 914.29% |
| 6 | Oil-Dri Corp of America | 840.38 Mn | 777.44 Mn | 33.73 Mn | 18.90% |
| 7 | ContextLogic Holdings | 613.79 Mn | 613.79 Mn | 16.30 Mn | - |
| 8 | Smart Sand | 213.18 Mn | 202.98 Mn | 19.83 Mn | 0.51% |
| 9 | Nouveau Monde Graphite | 211.02 Mn | -121.96 Mn | - | -1.05% |
| 10 | Graftech International | 161.07 Mn | 15.71 Mn | -422,000.00 | -4.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 19.97% |
| Apr 5, 2026 | 21.57% |
| Dec 31, 2025 | -49.55% |
| Sep 28, 2025 | 23.85% |
| Jun 29, 2025 | 23.52% |
| Mar 30, 2025 | 18.21% |
| Dec 31, 2024 | 23.34% |
| Sep 29, 2024 | 23.03% |
| Jun 30, 2024 | 45.09% |
| Mar 31, 2024 | 23.13% |
| Dec 31, 2023 | 28.00% |
| Oct 1, 2023 | 15.49% |
| Jul 2, 2023 | 22.06% |
| Apr 2, 2023 | 22.01% |
| Dec 31, 2022 | 23.08% |
| Oct 2, 2022 | 18.71% |
| Jul 3, 2022 | 20.25% |
| Apr 3, 2022 | 20.00% |
| Dec 31, 2021 | 17.96% |
| Oct 3, 2021 | 17.62% |