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MTD

Mettler-Toledo International Inc.

MTD

Mettler-Toledo International Inc. • NYSE
$1476.72 ▼ -0.66% (-9.83)
Market Cap $30.17 B
52w High $1525.17
52w Low $946.69
Dividend Yield 0%
P/E 36.9
Volume 57.24K
Outstanding Shares 20.43M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.03B ▲ $299.534M ▲ $217.493M ▲ 21.122% ▲ $10.6 ▲ $319.668M ▲
Q2-2025 $983.221M ▲ $296.583M ▲ $202.348M ▲ 20.58% ▲ $9.77 ▲ $295.887M ▲
Q1-2025 $883.744M ▼ $289.145M ▲ $163.587M ▼ 18.511% ▼ $7.84 ▼ $248.252M ▼
Q4-2024 $1.045B ▲ $287.394M ▲ $252.301M ▲ 24.141% ▲ $12 ▲ $363.26M ▲
Q3-2024 $954.535M $275.894M $211.516M 22.159% $10.01 $311.53M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $69.065M ▲ $3.521B ▲ $3.771B ▲ $-249.198M ▲
Q2-2025 $61.825M ▼ $3.4B ▲ $3.659B ▲ $-258.793M ▼
Q1-2025 $64.291M ▲ $3.235B ▼ $3.417B ▲ $-181.982M ▼
Q4-2024 $59.362M ▼ $3.24B ▼ $3.367B ▼ $-126.89M ▲
Q3-2024 $71.574M $3.32B $3.474B $-154.353M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $217.493M ▲ $299.372M ▲ $-98.912M ▼ $-192.888M ▼ $7.24M ▲ $274.884M ▲
Q2-2025 $202.348M ▲ $236.366M ▲ $-47.65M ▼ $-186.004M ▼ $-2.466M ▼ $212.489M ▲
Q1-2025 $163.587M ▼ $194.449M ▼ $-6.907M ▲ $-184.145M ▲ $4.929M ▲ $177.194M ▼
Q4-2024 $252.301M ▲ $266.187M ▲ $-51.052M ▼ $-223.693M ▼ $-12.212M ▼ $224.911M ▼
Q3-2024 $211.516M $254.666M $-37.643M $-218.898M $764K $233.245M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Industrial products and services
Industrial products and services
 $400.00M ▲$340.00M ▼$390.00M ▲$410.00M ▲
Laboratory products and services
Laboratory products and services
 $600.00M ▲$500.00M ▼$540.00M ▲$560.00M ▲
Retail products and services
Retail products and services
 $40.00M ▲$40.00M ▲$50.00M ▲$60.00M ▲

Five-Year Company Overview

Income Statement

Income Statement Mettler‑Toledo shows a mature, high‑quality income statement. Sales have grown over the past few years but are now moving more slowly, with a small dip recently and then a recovery. Profitability remains strong: the company turns a healthy share of its sales into both operating profit and net profit, which has generally trended upward. Earnings per share have risen faster than overall profit, suggesting active share repurchases. Overall, this looks like a highly profitable business facing more modest growth than in its strongest years, but still defending its margins well.

Balance Sheet

Balance Sheet The balance sheet is efficient but highly financialized. Total assets are fairly steady, indicating a well‑established, asset‑light business model. Cash on hand is quite small relative to the size of the company, so it relies more on ongoing cash generation and credit access than on a cash buffer. Debt is sizable and has climbed over time, and reported equity has turned negative, likely driven by large share buybacks rather than operating losses. This structure can amplify returns in good times but leaves less room for error if conditions weaken or credit tightens.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow has consistently covered both investment needs and shareholder returns, and free cash flow has grown in line with earnings. Capital spending is modest compared with the cash coming in, reflecting a capital‑light, high‑margin model. The business appears to convert profits into cash reliably, which helps support debt service and buybacks even though the cash balance on the balance sheet is low.

Competitive Edge

Competitive Edge Mettler‑Toledo operates from a position of clear strength in precision instruments. Its brand is closely associated with accuracy and reliability, which matters a great deal in lab, pharma, food, and industrial settings where switching suppliers can be risky. A large installed base of equipment drives ongoing service, consumables, and replacement revenue, making customer relationships long‑lasting. Its global direct sales and service network is hard for smaller rivals to match, reinforcing customer loyalty and supporting pricing power. Together, these factors create a durable moat, though they depend on the company sustaining its technology and service edge.

Innovation and R&D

Innovation and R&D Innovation is central to the company’s strategy. It consistently reinvests a meaningful slice of sales into R&D and has built a large patent portfolio. The focus is not only on better hardware (more precise, more reliable instruments) but also on intelligent, software‑driven solutions: automation, predictive analytics, connectivity, and data integrity. Tools like LabX software, intelligent sensors, and advanced product inspection systems show this shift toward integrated, data‑rich offerings. Looking ahead, its push into digitalization, AI‑enabled analytics, and sustainability‑oriented products should help it stay ahead, but the pace of adoption by customers will be an important watchpoint.

Summary

Mettler‑Toledo combines strong, stable profitability with an asset‑light, cash‑generative model and a powerful competitive position in precision instruments. The main financial trade‑off is a heavily engineered balance sheet: relatively low cash, significant debt, and negative reported equity, likely reflecting years of aggressive buybacks. This boosts per‑share metrics but increases sensitivity to downturns or funding stress. Strategically, the company’s edge rests on technology, brand trust, and a global service network, all reinforced by steady R&D investment and a clear push into software, automation, and analytics. Future performance will depend on sustaining innovation, managing leverage prudently, and navigating slower growth or regional demand swings while maintaining its strong margins and cash flows.

NEWS

November 18, 2025 · 4:30 PM UTC

Mettler-Toledo International Inc. to Present at Upcoming Investor Conferences

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November 6, 2025 · 4:30 PM UTC

Mettler-Toledo International Inc. Reports Third Quarter 2025 Results

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October 7, 2025 · 4:30 PM UTC

Mettler-Toledo International Inc. to Host Third Quarter 2025 Earnings Conference Call

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