Minerals Technologies (MTX) Work In Process (2010 - 2026)
Minerals Technologies (MTX) posted Work In Process of $10.1 million for Q2 2026, down 26.3% from $13.7 million a year earlier and down 9.8% from the prior quarter.
Minerals Technologies (MTX) Work In Process (2010 - 2026) Analysis & Trends
At the end of FY2025, Minerals Technologies' Work In Process came in at $13.3 million, up 8.1% from FY2024.
- Annual Work In Process shows a five-year compound annual growth rate of 8.1% (FY2020 to FY2025).
- In prior years, Minerals Technologies' Work In Process was $12.3 million in FY2024 (+5.1%), $11.7 million in FY2023 (-25.0%), $15.6 million in FY2022 (+45.8%) and $10.7 million in FY2021 (+18.9%).
- The Q2 2026 figure stands as the lowest quarterly Work In Process since Q3 2021.
- On a year-over-year basis, Work In Process increased in five of the last eight quarters, with an average decline of 1.0%.
- The strongest year-over-year quarter for Work In Process in the past five years was Q1 2022, with growth of 60.0%; the weakest was Q1 2024, with a decline of 43.7%.
- According to Business Quant data, Work In Process for the three prior quarters was $11.2 million (Q1 2026), $13.3 million (Q4 2025) and $15.2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Rio Tinto | 182.38 Bn | 151.41 Bn | - |
| 2 | Southern Copper | 167.30 Bn | 146.09 Bn | 2.90 Bn |
| 3 | Rio Tinto | 143.04 Bn | 103.54 Bn | - |
| 4 | Newmont | 124.35 Bn | 92.35 Bn | 4.03 Bn |
| 5 | Freeport-Mcmoran | 99.09 Bn | 83.13 Bn | 2.19 Bn |
| 6 | Agnico Eagle Mines | 93.47 Bn | 83.11 Bn | 2.43 Bn |
| 7 | Barrick Mining | 69.01 Bn | 44.20 Bn | 2.90 Bn |
| 8 | Nucor | 59.68 Bn | 49.06 Bn | 2.03 Bn |
| 9 | ArcelorMittal | 48.25 Bn | 27.28 Bn | - |
| 10 | Minerals Technologies | 1.95 Bn | 617.84 Mn | 133.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 5, 2026 | 10.10 Mn |
| Apr 5, 2026 | 11.20 Mn |
| Dec 31, 2025 | 13.30 Mn |
| Sep 28, 2025 | 15.20 Mn |
| Jun 29, 2025 | 13.70 Mn |
| Mar 30, 2025 | 15.60 Mn |
| Dec 31, 2024 | 12.30 Mn |
| Sep 29, 2024 | 12.60 Mn |
| Jun 30, 2024 | 12.10 Mn |
| Mar 31, 2024 | 11.10 Mn |
| Dec 31, 2023 | 11.70 Mn |
| Oct 1, 2023 | 21.30 Mn |
| Jul 2, 2023 | 19.30 Mn |
| Apr 2, 2023 | 19.70 Mn |
| Dec 31, 2022 | 15.60 Mn |
| Oct 2, 2022 | 14.80 Mn |
| Jul 3, 2022 | 14.30 Mn |
| Apr 3, 2022 | 13.60 Mn |
| Dec 31, 2021 | 10.70 Mn |
| Oct 3, 2021 | 9.40 Mn |
Minerals Technologies Work In Process API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=work-in-process&ticker=MTX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "work-in-process", "ticker": "MTX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=work-in-process&ticker=MTX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();