MTX (Minerals Technologies) Interest Coverage: 5.08 (As of Mar. 2026) — Near Median


MTX Minerals Technologies Inc MTX
74 GF Score
Price $79.80
GF Value $70.05
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Minerals Technologies Interest Coverage?

Minerals Technologies MTX +1.24% 74 Interest Coverage is 5.08 as of Mar. 2026, which is 8% below its 10-year median of 5.53. GuruFocus rates MTX with a GF Score™ of 74/100 and a GF Value™ of $70.05 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,237 Chemicals companies, Minerals Technologies ranks worse than 64.27% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Minerals Technologies's Operating Income for the three months ended in Mar. 2026 was $68 Mil. Minerals Technologies's Interest Expense for the three months ended in Mar. 2026 was $-13 Mil. Minerals Technologies's interest coverage for the quarter that ended in Mar. 2026 was 5.08. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Minerals Technologies's Interest Coverage or its related term are showing as below:

MTX' s Interest Coverage Range Over the Past 10 Years
Min: 4.73   Med: 5.53   Max: 6.47
Current: 5.44


MTX's Interest Coverage is ranked worse than
64.27% of 1237 companies
in the Chemicals industry
Industry Median: 10.21 vs MTX: 5.44

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Minerals Technologies  (NYSE:MTX) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Minerals Technologies Interest Coverage Related Terms


Minerals Technologies Interest Coverage Historical Data

* Premium members only.

The historical data trend for Minerals Technologies's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Minerals Technologies Interest Coverage Chart

Minerals Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.47 5.75 4.73 5.59 5.27

Minerals Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.45 5.81 5.68 5.16 5.08

MTX vs NGVT, KWR, ASH: Interest Coverage Comparison

For the Specialty Chemicals subindustry, Minerals Technologies's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Minerals Technologies Interest Coverage vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Minerals Technologies's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Minerals Technologies's Interest Coverage falls into.


MTX
74GF Score
Minerals Technologies Inc MTX
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Minerals Technologies Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Minerals Technologies's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Minerals Technologies's Interest Expense was $-55 Mil. Its Operating Income was $287 Mil. And its Long-Term Debt & Capital Lease Obligation was $955 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*287.1/-54.5
=5.27

Minerals Technologies's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Minerals Technologies's Interest Expense was $-13 Mil. Its Operating Income was $68 Mil. And its Long-Term Debt & Capital Lease Obligation was $954 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*67.5/-13.3
=5.08

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 5.08 mean?
Minerals Technologies (MTX) has a Interest Coverage of 5.08 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Minerals Technologies and its competitors. This is near median its historical median of 5.53. Over the past decade, Minerals Technologies' Interest Coverage has ranged from 4.73 to 6.47. According to the industry distribution chart, Minerals Technologies ranks #795 out of 1237 companies in the Chemicals industry, placing it in the top 64.3%.
Is Minerals Technologies' Interest Coverage too high?
Minerals Technologies' current Interest Coverage of 5.08 is near median its 10-year median of 5.53. Over the past 10 years, this metric has ranged from a low of 4.73 to a high of 6.47. The Chemicals industry median Interest Coverage is 10.21. Minerals Technologies' value of 5.08 is 50.2% below this industry median. Based on the distribution chart, Minerals Technologies ranks #795 out of 1237 companies in the Chemicals industry, which is below the industry midpoint. Overall, Minerals Technologies has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Minerals Technologies' Interest Coverage compare to NGVT and KWR?
According to the Chemicals industry distribution chart, Minerals Technologies ranks #795 out of 1237 companies for Interest Coverage. This places Minerals Technologies in the lower half of its industry. The industry median Interest Coverage is 10.21. Minerals Technologies' value of 5.08 is 50.2% below this benchmark. Historically, Minerals Technologies' own Interest Coverage has ranged from 4.73 to 6.47 over the past decade. While the company's 10-year median is 5.53 vs. the industry median of 10.21, Minerals Technologies has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Chemicals company?
The median Interest Coverage among Chemicals companies is 10.21, based on 1,237 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Minerals Technologies's current Interest Coverage of 5.08 is 50.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Minerals Technologies and its competitors. For the Chemicals industry, the median Interest Coverage is 10.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Minerals Technologies's current Interest Coverage is 5.08, which is near median its own 10-year median of 5.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerals Technologies stock overvalued right now?
Based on GuruFocus' analysis, Minerals Technologies (MTX) is currently considered Modestly Overvalued. The stock's GF Value™ is $70.05, compared to a current price of $79.80 — trading 13.9% above its estimated fair value. The current Interest Coverage is 5.08, which is near median its 10-year median of 5.53 and 50.2% below the Chemicals industry median of 10.21. Minerals Technologies' overall GF Score™ is 74/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Minerals Technologies (MTX), the current Interest Coverage is 5.08 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Minerals Technologies (MTX) Overvalued in 2026?

Based on GuruFocus' analysis, Minerals Technologies stock appears to be overvalued. The current stock price of $79.80 is trading 13.9% above its estimated GF Value™ of $70.05. GuruFocus considers Minerals Technologies to be Modestly Overvalued.

Key valuation signals for MTX:

  • Interest Coverage: 5.08 (near median its 10-year median of 5.53)
  • GF Value™: $70.05 vs. price of $79.80 (13.9% above fair value)
  • GF Score™: 74/100 with 7 warning signs
  • Industry Position: 50.2% below the Chemicals median (#795 of 1237)

No single metric tells the full story. See the MTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Minerals Technologies Business Description

Other Exchanges MNK:Germany
Address 622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into two segments: The Consumer & Specialties segment that derives maximum revenue, serves consumer end markets directly with mineral-to-market finished products and also provides specialty mineral-based solutions and technologies that are an essential component of its customers' finished products; and The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies that are designed to improve its customers' manufacturing processes and projects. The majority of revenue comes from the United States, while it also has its presence in Canada/Latin America, Europe/Africa, and Asia.
74GF Score

Get the complete analysis for MTX

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$79.80
Price
$70.05
GF Value