GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Minerals Technologies Inc (FRA:MNK) » Definitions » Tax Rate %

Minerals Technologies (FRA:MNK) Tax Rate % : 23.34% (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is Minerals Technologies Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Minerals Technologies's Tax Expense for the three months ended in Dec. 2024 was €15 Mil. Minerals Technologies's Pre-Tax Income for the three months ended in Dec. 2024 was €66 Mil. Therefore, Minerals Technologies's Tax Rate % for the quarter that ended in Dec. 2024 was 23.34%.

Minerals Technologies Tax Rate % Historical Data

The historical data trend for Minerals Technologies's Tax Rate % 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 Tax Rate % Chart

Minerals Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.68 18.09 20.48 22.01 26.57

Minerals Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 18.93 23.13 45.09 23.03 23.34

Minerals Technologies Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Minerals Technologies's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=56.727/213.538
=26.57 %

Minerals Technologies's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=15.471/66.277
=23.34 %

* 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 Tax Rate % Related Terms

Thank you for viewing the detailed overview of Minerals Technologies's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Minerals Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Minerals Technologies Inc (FRA:MNK) » Definitions » Tax Rate %
Comparable Companies
CC KWR HWKN IOSP PRM NGVT ASH SCL CLMT FUL LIN XPAR:AI SHW ECL APD XSWX:GIVN XSWX:SIKA ISX:TPIA DD SHSE:600309
Traded in Other Exchanges
MTX:USA
Address
622 Third Avenue, 38th Floor, New York, NY, USA, 10017-6707
Website
https://www.mineralstech.com
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 our customers' finished products. The Engineered Solutions segment serves industrial end markets with engineered systems, mineral blends, and technologies that are designed to improve our customers' manufacturing processes and projects. The majority of revenue comes from the United States.

Minerals Technologies Headlines

No Headlines