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

West Pharmaceutical Services is the larger business by last-quarter revenue ($805.0M vs $519.5M, roughly 1.5× MINERALS TECHNOLOGIES INC). West Pharmaceutical Services runs the higher net margin — 16.4% vs 7.2%, a 9.2% gap on every dollar of revenue. On growth, West Pharmaceutical Services posted the faster year-over-year revenue change (7.5% vs 0.3%). West Pharmaceutical Services produced more free cash flow last quarter ($175.0M vs $31.9M). Over the past eight quarters, West Pharmaceutical Services's revenue compounded faster (7.6% 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...

West Pharmaceutical Services, Inc. is a designer and manufacturer of injectable pharmaceutical packaging and delivery systems. Founded in 1923 by Herman O. West and J.R. Wike of Philadelphia, the company is headquartered in Exton, Pennsylvania. In its early years of development, West produced rubber components for packaging injectable drugs, providing a sterile environment for the producers of penicillin and insulin.

MTX vs WST — Head-to-Head

Bigger by revenue
WST
WST
1.5× larger
WST
$805.0M
$519.5M
MTX
Growing faster (revenue YoY)
WST
WST
+7.2% gap
WST
7.5%
0.3%
MTX
Higher net margin
WST
WST
9.2% more per $
WST
16.4%
7.2%
MTX
More free cash flow
WST
WST
$143.1M more FCF
WST
$175.0M
$31.9M
MTX
Faster 2-yr revenue CAGR
WST
WST
Annualised
WST
7.6%
-1.4%
MTX

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MTX
MTX
WST
WST
Revenue
$519.5M
$805.0M
Net Profit
$37.2M
$132.1M
Gross Margin
24.0%
37.8%
Operating Margin
11.9%
19.5%
Net Margin
7.2%
16.4%
Revenue YoY
0.3%
7.5%
Net Profit YoY
-31.1%
1.5%
EPS (diluted)
$1.11
$1.82

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
WST
WST
Q4 25
$519.5M
$805.0M
Q3 25
$532.4M
$804.6M
Q2 25
$528.9M
$766.5M
Q1 25
$491.8M
$698.0M
Q4 24
$518.1M
$748.8M
Q3 24
$524.7M
$746.9M
Q2 24
$541.2M
$702.1M
Q1 24
$534.5M
$695.4M
Net Profit
MTX
MTX
WST
WST
Q4 25
$37.2M
$132.1M
Q3 25
$43.0M
$140.0M
Q2 25
$45.4M
$131.8M
Q1 25
$-144.0M
$89.8M
Q4 24
$54.0M
$130.1M
Q3 24
$46.7M
$136.0M
Q2 24
$19.7M
$111.3M
Q1 24
$46.7M
$115.3M
Gross Margin
MTX
MTX
WST
WST
Q4 25
24.0%
37.8%
Q3 25
25.7%
36.6%
Q2 25
25.9%
35.7%
Q1 25
24.3%
33.2%
Q4 24
25.6%
36.5%
Q3 24
25.8%
35.4%
Q2 24
26.6%
32.8%
Q1 24
25.4%
33.1%
Operating Margin
MTX
MTX
WST
WST
Q4 25
11.9%
19.5%
Q3 25
13.3%
20.8%
Q2 25
14.1%
20.1%
Q1 25
-32.6%
15.3%
Q4 24
16.2%
21.3%
Q3 24
14.6%
21.6%
Q2 24
9.3%
18.0%
Q1 24
14.1%
17.7%
Net Margin
MTX
MTX
WST
WST
Q4 25
7.2%
16.4%
Q3 25
8.1%
17.4%
Q2 25
8.6%
17.2%
Q1 25
-29.3%
12.9%
Q4 24
10.4%
17.4%
Q3 24
8.9%
18.2%
Q2 24
3.6%
15.9%
Q1 24
8.7%
16.6%
EPS (diluted)
MTX
MTX
WST
WST
Q4 25
$1.11
$1.82
Q3 25
$1.37
$1.92
Q2 25
$1.44
$1.82
Q1 25
$-4.51
$1.23
Q4 24
$1.67
$1.78
Q3 24
$1.45
$1.85
Q2 24
$0.61
$1.51
Q1 24
$1.44
$1.55

Balance Sheet & Financial Strength

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

Metric
MTX
MTX
WST
WST
Cash + ST InvestmentsLiquidity on hand
$332.6M
$791.3M
Total DebtLower is stronger
$961.3M
$202.8M
Stockholders' EquityBook value
$1.7B
$3.2B
Total Assets
$3.5B
$4.3B
Debt / EquityLower = less leverage
0.56×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTX
MTX
WST
WST
Q4 25
$332.6M
$791.3M
Q3 25
$328.3M
$628.5M
Q2 25
$319.9M
$509.7M
Q1 25
$312.2M
$404.2M
Q4 24
$337.1M
$484.6M
Q3 24
$324.5M
$490.9M
Q2 24
$316.4M
$446.2M
Q1 24
$320.1M
$601.8M
Total Debt
MTX
MTX
WST
WST
Q4 25
$961.3M
$202.8M
Q3 25
$964.3M
$202.7M
Q2 25
$965.6M
$202.6M
Q1 25
$966.7M
$202.6M
Q4 24
$966.1M
$202.6M
Q3 24
$922.9M
$202.6M
Q2 24
$922.4M
$205.8M
Q1 24
$925.8M
$206.2M
Stockholders' Equity
MTX
MTX
WST
WST
Q4 25
$1.7B
$3.2B
Q3 25
$1.7B
$3.1B
Q2 25
$1.7B
$2.9B
Q1 25
$1.6B
$2.7B
Q4 24
$1.7B
$2.7B
Q3 24
$1.7B
$2.8B
Q2 24
$1.7B
$2.6B
Q1 24
$1.7B
$2.7B
Total Assets
MTX
MTX
WST
WST
Q4 25
$3.5B
$4.3B
Q3 25
$3.5B
$4.1B
Q2 25
$3.5B
$4.0B
Q1 25
$3.4B
$3.6B
Q4 24
$3.4B
$3.6B
Q3 24
$3.4B
$3.7B
Q2 24
$3.3B
$3.5B
Q1 24
$3.3B
$3.6B
Debt / Equity
MTX
MTX
WST
WST
Q4 25
0.56×
0.06×
Q3 25
0.58×
0.07×
Q2 25
0.58×
0.07×
Q1 25
0.60×
0.08×
Q4 24
0.55×
0.08×
Q3 24
0.54×
0.07×
Q2 24
0.55×
0.08×
Q1 24
0.56×
0.08×

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
WST
WST
Operating Cash FlowLast quarter
$64.3M
$251.1M
Free Cash FlowOCF − Capex
$31.9M
$175.0M
FCF MarginFCF / Revenue
6.1%
21.7%
Capex IntensityCapex / Revenue
6.2%
9.5%
Cash ConversionOCF / Net Profit
1.73×
1.90×
TTM Free Cash FlowTrailing 4 quarters
$86.6M
$468.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTX
MTX
WST
WST
Q4 25
$64.3M
$251.1M
Q3 25
$70.9M
$197.2M
Q2 25
$62.9M
$177.1M
Q1 25
$-4.4M
$129.4M
Q4 24
$70.4M
$190.1M
Q3 24
$60.0M
$180.1M
Q2 24
$50.1M
$165.0M
Q1 24
$55.9M
$118.2M
Free Cash Flow
MTX
MTX
WST
WST
Q4 25
$31.9M
$175.0M
Q3 25
$43.6M
$133.9M
Q2 25
$33.8M
$101.9M
Q1 25
$-22.7M
$58.1M
Q4 24
$42.3M
$85.2M
Q3 24
$35.3M
$98.8M
Q2 24
$29.9M
$64.8M
Q1 24
$39.4M
$27.6M
FCF Margin
MTX
MTX
WST
WST
Q4 25
6.1%
21.7%
Q3 25
8.2%
16.6%
Q2 25
6.4%
13.3%
Q1 25
-4.6%
8.3%
Q4 24
8.2%
11.4%
Q3 24
6.7%
13.2%
Q2 24
5.5%
9.2%
Q1 24
7.4%
4.0%
Capex Intensity
MTX
MTX
WST
WST
Q4 25
6.2%
9.5%
Q3 25
5.1%
7.9%
Q2 25
5.5%
9.8%
Q1 25
3.7%
10.2%
Q4 24
5.4%
14.0%
Q3 24
4.7%
10.9%
Q2 24
3.7%
14.3%
Q1 24
3.1%
13.0%
Cash Conversion
MTX
MTX
WST
WST
Q4 25
1.73×
1.90×
Q3 25
1.65×
1.41×
Q2 25
1.39×
1.34×
Q1 25
1.44×
Q4 24
1.30×
1.46×
Q3 24
1.28×
1.32×
Q2 24
2.54×
1.48×
Q1 24
1.20×
1.03×

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%

WST
WST

Proprietary Products$661.8M82%
Contract Manufactured Products$143.2M18%
Affiliated Entity$3.3M0%

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