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Minerals Technologies (FRA:MNK) Pretax Margin % : 11.24% (As of Mar. 2024)


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What is Minerals Technologies Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Minerals Technologies's Pre-Tax Income for the three months ended in Mar. 2024 was €55 Mil. Minerals Technologies's Revenue for the three months ended in Mar. 2024 was €492 Mil. Therefore, Minerals Technologies's pretax margin for the quarter that ended in Mar. 2024 was 11.24%.

The historical rank and industry rank for Minerals Technologies's Pretax Margin % or its related term are showing as below:

FRA:MNK' s Pretax Margin % Range Over the Past 10 Years
Min: 4.96   Med: 8.72   Max: 11.39
Current: 5.57


FRA:MNK's Pretax Margin % is ranked better than
50.88% of 1529 companies
in the Chemicals industry
Industry Median: 5.45 vs FRA:MNK: 5.57

Minerals Technologies Pretax Margin % Historical Data

The historical data trend for Minerals Technologies's Pretax Margin % 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.

* Premium members only.

Minerals Technologies Pretax Margin % Chart

Minerals Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.78 8.65 10.89 7.37 4.96

Minerals Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pretax Margin % 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 8.73 6.16 -4.13 9.27 11.24

Competitive Comparison of Minerals Technologies's Pretax Margin %

For the Specialty Chemicals subindustry, Minerals Technologies's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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's Pretax Margin % Distribution in the Chemicals Industry

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

* The bar in red indicates where Minerals Technologies's Pretax Margin % falls into.



Minerals Technologies Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Minerals Technologies's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=98.761/1989.798
=4.96 %

Minerals Technologies's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=55.292/491.74
=11.24 %

* 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.


Minerals Technologies  (FRA:MNK) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Minerals Technologies Pretax Margin % Related Terms

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Minerals Technologies (FRA:MNK) Business Description

Traded in Other Exchanges
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 three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.

Minerals Technologies (FRA:MNK) Headlines

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