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Minerals Technologies MTX Loss Contingency Accrual Provision
Loss Contingency Accrual Provision at other companies
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Where this comes from
Reported directly by Minerals Technologies in its filing.
Tagged under the XBRL concept us-gaap:LossContingencyAccrualProvision.
The source filing: Minerals Technologies’s 10-Q, filed May 1, 2026.
- Filed
- May 1, 2026, 3:12 PM EDT
- Fiscal quarter
- Q1 FY2026
- Calendar quarter
- Q1 2026
- Accession
- 0000891014-26-000108
| (in millions of dollars, except per share data) | Three Months Ended / Apr. 5, 2026 | Three Months Ended / Mar. 30, 2025 |
|---|---|---|
| Production margin | 131.1 | 119.6 |
| Marketing and administrative expenses | 57.5 | 50.6 |
| Research and development expenses | 6.1 | 5.8 |
| Provision for litigation accrual and credit losses | - | 215.0 |
| Restructuring and other items | - | 5.5 |
| Litigation expenses | 8.8 | 2.8 |
| Income (loss) from operations | 58.7 | (160.1) |
| Interest expense, net | (13.3) | (14.2) |
ITEM 1. Financial Statements
FAQ
- What is Minerals Technologies's loss contingency accrual provision?
- Minerals Technologies (MTX) reported loss contingency accrual provision of $0 in Q1 2026.
- How has Minerals Technologies's loss contingency accrual provision changed year-over-year?
- Minerals Technologies's loss contingency accrual provision decreased by 100.0% year-over-year, from $215M to $0.
- What does loss contingency accrual provision mean?
- Represents the estimated liability recognized for potential future losses related to legal proceedings, environmental remediation, or other uncertain events. This provision reflects management's assessment of probable and estimable obligations that may impact future cash flows. It serves as a key indicator of potential legal or operational risk exposure.
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