Quarterly ResultApr 30, 2026, 05:08 PM
MTX Q1 Sales +11% to $547M; Adj. EPS $1.38, +21%
AI Summary
Minerals Technologies Inc. announced strong first quarter 2026 financial results, with net sales rising 11% year-over-year to $547 million, driven by volume growth across both segments. Diluted earnings per share, excluding special items, increased 21% to $1.38. The company reported double-digit sales growth across multiple businesses and expects this momentum to continue through the year, despite geopolitical challenges and higher global energy costs.
Key Highlights
- MTX Q1 2026 net sales increased 11% year-over-year to $547 million.
- Diluted EPS was $1.17, or $1.38 excluding special items, a 21% increase over prior year (excluding special items).
- Reported operating income was $59 million, up 7% over prior year.
- Consumer & Specialties segment sales grew 11% year-over-year to $297 million.
- Engineered Solutions segment sales increased 12% year-over-year to $250 million.
- Cash flow from operations was $32.1 million, with free cash flow at $9.0 million.
- Declared a cash dividend of $0.12 per common share.
Price Impact
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