Minerals Technologies reports Q4 2023 EPS $1.28 ex-items, record revenue $525M

MINERALS TECHNOLOGIES INC

2023-FY EPS reported $2.58 revenue$2,169,900,000

Q4 diluted EPS $1.28 ex-special items ($1.22 reported); full-year EPS $5.21 ex-items, a record.
Q4 revenue $525M (+3% YoY); full-year revenue $2.17B (+2%), both record highs.
Q4 operating cash flow $95M; free cash flow $73M. Full-year free cash flow $140M.
Initiated new 1-year $75M share repurchase program; increased dividend.
Net leverage ratio 1.9x EBITDA; repaid $49M of debt in 2023.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MINERALS TECHNOLOGIES INC reported the full year 2023 results: revenue $2.17 billion, EPS $5.21.

Period: the full year 2023
Revenue: $2.17 billion
EPS: $5.21
Result: reported results

Exact text from the filing

of $95 Million and Free Cash Flow of $73 Million • Increased Dividend and Initiated a New, 1-Year, $75M Share Repurchase Program Full Year Highlights: • Record Revenue of $2.17 Billion • Record EPS of $5.21, Excluding Special Items • Strong Cash Flow from Operations of $234 Million and Free Cash Flow of $140 Million • Repaid $49 Million of Debt; Net Leverage

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

MINERALS TECHNOLOGIES INC reported the fourth quarter ended December 31, 2023 results: revenue $525 million, EPS $1.28.

Period: the fourth quarter ended December 31, 2023
Revenue: $525 million
EPS: $1.28
Result: reported results

Exact text from the filing

Reports Full Year 2023 Earnings of $2.58, Or $5.21 Per Share, Excluding Special Items, a Record Year for MTI Fourth Quarter Highlights: • Record Fourth Quarter Revenue of $525 Million • Strong Cash Flow from Operations of $95 Million and Free Cash Flow of $73 Million • Increased Dividend and Initiated a New, 1-Year, $75M Share Repurchase Program Full Year

View on SEC.gov

Browse all earnings releases →

MINERALS TECHNOLOGIES INC filing history →

Source: SEC EDGAR

accession 0000891014-24-000009

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.