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Side-by-side financial comparison of MINERALS TECHNOLOGIES INC (MTX) and WEX Inc. (WEX). Click either name above to swap in a different company.

WEX Inc. is the larger business by last-quarter revenue ($673.8M vs $519.5M, roughly 1.3× MINERALS TECHNOLOGIES INC). WEX Inc. runs the higher net margin — 11.5% vs 7.2%, a 4.4% gap on every dollar of revenue. On growth, WEX Inc. posted the faster year-over-year revenue change (5.8% vs 0.3%). WEX Inc. produced more free cash flow last quarter ($49.5M vs $31.9M). Over the past eight quarters, WEX Inc.'s revenue compounded faster (18.7% CAGR vs -1.4%).

Compass Minerals International, Inc is an American public company that, through its subsidiaries, is a leading producer of minerals, including salt, magnesium chloride and sulfate of potash. Based in Overland Park, Kansas; the company provides bulk treated and untreated highway deicing salt to customers in North America and the United Kingdom and plant nutrition products to growers worldwide. Compass Minerals also produces consumer deicing and water conditioning products, consumer and commerc...

WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.

MTX vs WEX — Head-to-Head

Bigger by revenue
WEX
WEX
1.3× larger
WEX
$673.8M
$519.5M
MTX
Growing faster (revenue YoY)
WEX
WEX
+5.6% gap
WEX
5.8%
0.3%
MTX
Higher net margin
WEX
WEX
4.4% more per $
WEX
11.5%
7.2%
MTX
More free cash flow
WEX
WEX
$17.6M more FCF
WEX
$49.5M
$31.9M
MTX
Faster 2-yr revenue CAGR
WEX
WEX
Annualised
WEX
18.7%
-1.4%
MTX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MTX
MTX
WEX
WEX
Revenue
$519.5M
$673.8M
Net Profit
$37.2M
$77.7M
Gross Margin
24.0%
Operating Margin
11.9%
23.5%
Net Margin
7.2%
11.5%
Revenue YoY
0.3%
5.8%
Net Profit YoY
-31.1%
8.7%
EPS (diluted)
$1.11
$2.22

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MTX
MTX
WEX
WEX
Q1 26
$673.8M
Q4 25
$519.5M
$465.1M
Q3 25
$532.4M
$481.6M
Q2 25
$528.9M
$454.4M
Q1 25
$491.8M
$444.3M
Q4 24
$518.1M
$440.3M
Q3 24
$524.7M
$479.0M
Q2 24
$541.2M
$478.6M
Net Profit
MTX
MTX
WEX
WEX
Q1 26
$77.7M
Q4 25
$37.2M
$84.2M
Q3 25
$43.0M
$80.3M
Q2 25
$45.4M
$68.1M
Q1 25
$-144.0M
$71.5M
Q4 24
$54.0M
$63.9M
Q3 24
$46.7M
$102.9M
Q2 24
$19.7M
$77.0M
Gross Margin
MTX
MTX
WEX
WEX
Q1 26
Q4 25
24.0%
39.0%
Q3 25
25.7%
43.0%
Q2 25
25.9%
40.0%
Q1 25
24.3%
39.2%
Q4 24
25.6%
41.5%
Q3 24
25.8%
48.0%
Q2 24
26.6%
44.9%
Operating Margin
MTX
MTX
WEX
WEX
Q1 26
23.5%
Q4 25
11.9%
35.7%
Q3 25
13.3%
38.1%
Q2 25
14.1%
34.5%
Q1 25
-32.6%
35.4%
Q4 24
16.2%
35.7%
Q3 24
14.6%
41.0%
Q2 24
9.3%
35.1%
Net Margin
MTX
MTX
WEX
WEX
Q1 26
11.5%
Q4 25
7.2%
18.1%
Q3 25
8.1%
16.7%
Q2 25
8.6%
15.0%
Q1 25
-29.3%
16.1%
Q4 24
10.4%
14.5%
Q3 24
8.9%
21.5%
Q2 24
3.6%
16.1%
EPS (diluted)
MTX
MTX
WEX
WEX
Q1 26
$2.22
Q4 25
$1.11
$2.38
Q3 25
$1.37
$2.30
Q2 25
$1.44
$1.98
Q1 25
$-4.51
$1.81
Q4 24
$1.67
$1.60
Q3 24
$1.45
$2.52
Q2 24
$0.61
$1.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MTX
MTX
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$332.6M
$633.5M
Total DebtLower is stronger
$961.3M
Stockholders' EquityBook value
$1.7B
$1.3B
Total Assets
$3.5B
$15.4B
Debt / EquityLower = less leverage
0.56×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTX
MTX
WEX
WEX
Q1 26
$633.5M
Q4 25
$332.6M
$5.2B
Q3 25
$328.3M
$4.9B
Q2 25
$319.9M
$4.9B
Q1 25
$312.2M
$4.4B
Q4 24
$337.1M
$4.4B
Q3 24
$324.5M
$4.3B
Q2 24
$316.4M
$4.0B
Total Debt
MTX
MTX
WEX
WEX
Q1 26
Q4 25
$961.3M
Q3 25
$964.3M
Q2 25
$965.6M
Q1 25
$966.7M
Q4 24
$966.1M
Q3 24
$922.9M
Q2 24
$922.4M
Stockholders' Equity
MTX
MTX
WEX
WEX
Q1 26
$1.3B
Q4 25
$1.7B
$1.2B
Q3 25
$1.7B
$1.1B
Q2 25
$1.7B
$978.7M
Q1 25
$1.6B
$810.4M
Q4 24
$1.7B
$1.5B
Q3 24
$1.7B
$1.7B
Q2 24
$1.7B
$1.8B
Total Assets
MTX
MTX
WEX
WEX
Q1 26
$15.4B
Q4 25
$3.5B
$14.4B
Q3 25
$3.5B
$14.4B
Q2 25
$3.5B
$14.7B
Q1 25
$3.4B
$14.0B
Q4 24
$3.4B
$13.3B
Q3 24
$3.4B
$14.0B
Q2 24
$3.3B
$14.2B
Debt / Equity
MTX
MTX
WEX
WEX
Q1 26
Q4 25
0.56×
Q3 25
0.58×
Q2 25
0.58×
Q1 25
0.60×
Q4 24
0.55×
Q3 24
0.54×
Q2 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MTX
MTX
WEX
WEX
Operating Cash FlowLast quarter
$64.3M
Free Cash FlowOCF − Capex
$31.9M
$49.5M
FCF MarginFCF / Revenue
6.1%
7.3%
Capex IntensityCapex / Revenue
6.2%
5.6%
Cash ConversionOCF / Net Profit
1.73×
TTM Free Cash FlowTrailing 4 quarters
$86.6M
$877.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTX
MTX
WEX
WEX
Q1 26
Q4 25
$64.3M
$294.7M
Q3 25
$70.9M
$376.6M
Q2 25
$62.9M
$264.6M
Q1 25
$-4.4M
$-481.6M
Q4 24
$70.4M
$638.4M
Q3 24
$60.0M
$3.3M
Q2 24
$50.1M
$-7.0M
Free Cash Flow
MTX
MTX
WEX
WEX
Q1 26
$49.5M
Q4 25
$31.9M
$256.3M
Q3 25
$43.6M
$341.6M
Q2 25
$33.8M
$230.0M
Q1 25
$-22.7M
$-514.2M
Q4 24
$42.3M
$599.7M
Q3 24
$35.3M
$-31.7M
Q2 24
$29.9M
$-46.6M
FCF Margin
MTX
MTX
WEX
WEX
Q1 26
7.3%
Q4 25
6.1%
55.1%
Q3 25
8.2%
70.9%
Q2 25
6.4%
50.6%
Q1 25
-4.6%
-115.7%
Q4 24
8.2%
136.2%
Q3 24
6.7%
-6.6%
Q2 24
5.5%
-9.7%
Capex Intensity
MTX
MTX
WEX
WEX
Q1 26
5.6%
Q4 25
6.2%
8.3%
Q3 25
5.1%
7.3%
Q2 25
5.5%
7.6%
Q1 25
3.7%
7.3%
Q4 24
5.4%
8.8%
Q3 24
4.7%
7.3%
Q2 24
3.7%
8.3%
Cash Conversion
MTX
MTX
WEX
WEX
Q1 26
Q4 25
1.73×
3.50×
Q3 25
1.65×
4.69×
Q2 25
1.39×
3.89×
Q1 25
-6.74×
Q4 24
1.30×
9.99×
Q3 24
1.28×
0.03×
Q2 24
2.54×
-0.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MTX
MTX

High Temperature Technologies$178.0M34%
Specialty Additives$141.8M27%
Household And Personal Care$132.5M26%
Environmental And Infrastructure$67.2M13%

WEX
WEX

Payment processing revenue$284.2M42%
Account servicing revenue$182.5M27%
Other revenue$127.0M19%
Finance fee revenue$80.1M12%

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