Mettler-Toledo International, Inc.

MTD Healthcare Diagnostics & Research

Mettler-Toledo International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 3.98% from fiscal 2024. In the quarter to June 2026, revenue grew 4.48%, EPS grew 18.3%, free cash flow grew 33.0% and total debt fell 3.29%, each against the same quarter a year earlier. Member of the S&P 500.

1,622.29 16.75 −1.02%
Market cap
$32.8B
P/E
36.4×
Fwd P/E
25.5×
Dividend yield
—
F-score
5/9
Altman Z
10.23
Beneish M
−2.44
Dividend safety
n/a

Insider Decisions trades per month

Total sells 35.90
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — — — — — — — — — — —
Sell 7 — — 1 — — — — — 5 — —
Insider Ownership 1.15%

Capital & Financial Ratios $m

Market Cap 32,840.00
Revenue 4,133.88
Net Income 905.61
Free Cash Flow 863.97
Net Debt 2,060.58
Current Ratio 1.12
Debt/Equity 164.70 (above 2: weak)
P/E ratio 36.42 (above 35: high)
Fwd P/E 25.50
P/S ratio 7.90
P/B ratio 2,545.64 (above 6: high)
Past 5Y EPS Growth 11.04%
This Y EPS Growth 10.79%
Next Y EPS Growth 9.22%
Next Y revenue growth 5.28%
Next 5Y EPS Growth 10.22%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/E against its own 10 years 59.12%
10-year low 10-year high
P/S against its own 10 years 77.29%
10-year low 10-year high
P/B against its own 10 years 96.46%
10-year low 10-year high
EV/Sales against its own 10 years 77.96%
10-year low 10-year high
EV/FCF against its own 10 years 57.57%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2028 Powerpack
2027 Powerpack
2026 Powerpack
2025 Powerpack
2024 Powerpack
2023 Powerpack
2022 Powerpack
2021 Powerpack
2020 Powerpack
2019 Powerpack
2017 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 70 59 67 51
Receivables 664 687 778 731
Inventory 386 342 387 412
Other 111 105 130 153
1,230 1,194 1,363 1,347
2023 2024 2025 Q'26
Payables 210 216 267 230
ST’ Debt 192 183 64 67
Other — — — —
1,181 1,168 1,198 1,201

Compound Annual Growth %

10y 5y 3y
Sales 5.33% 5.47% 0.90%
Cash Flow 8.07% 5.69% 3.62%
Earnings 9.44% 7.60% (0.13%)
Book Value 0.00% 0.00% 0.00%

Revenue $m

Mar Jun Sep Dec Year
’26 947 1,027 — — —
’25 884 983 1,030 1,130 4,026
’24 926 947 955 1,045 3,872
’23 929 982 942 935 3,788
’22 898 978 986 1,058 3,920
’21 804 924 952 1,037 3,718
’20 649 691 807 938 3,085
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 140 310 — — —
’25 194 236 299 226 956
’24 190 258 255 266 968
’23 153 267 264 282 966
’22 91 219 245 304 859
’21 159 246 263 241 909
’20 66 183 225 251 725
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 122 283 — — —
’25 177 212 275 184 849
’24 173 234 233 226 866
’23 130 238 244 249 861
’22 72 176 219 272 738
’21 134 226 241 204 805
’20 47 167 206 216 635
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 8.33 11.55 — — —
’25 7.81 9.76 10.57 13.98 42.05
’24 8.24 10.37 9.96 11.96 40.48
’23 8.47 9.69 9.21 8.52 35.90
’22 7.55 9.29 9.76 11.86 38.41
’21 6.32 7.85 8.71 9.94 32.78
’20 4.03 5.22 6.68 9.03 24.91
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.7
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 291.33 408.97 521.79 500.74 579.40 1,033.40 1,065.55 928.50 1,115.64 946.69

Analyst estimates 2026–2028

Powerpack
High 434.50 694.48 697.26 873.51 1,228.41 1,714.75 1,699.11 1,615.97 1,546.93 1,525.17
People
People Employees 14,200 15,400 16,000 16,200 16,500 17,800 18,000 17,300 17,300 18,100
Revenue/emp, $m 0.18 0.18 0.18 0.19 0.19 0.21 0.22 0.22 0.22 0.22
Income, $m
Income, $m Revenue 2,508 2,725 2,936 3,009 3,085 3,718 3,920 3,788 3,872 4,026
Gross margin, % 57.32 57.82 57.38 57.87 58.38 58.41 58.88 59.16 60.06 59.37
EBT 504 574 652 681 749 949 1,071 974 1,037 1,049
EBT margin, % 20.10 21.07 22.21 22.65 24.27 25.53 27.31 25.70 26.79 26.05
Net income 384 376 513 561 603 769 873 789 863 869
Depreciation 69 76 85 89 99 108 113 121 123 126
Per share, $
Per share, $ Revenue 94.59 105.98 116.42 122.46 129.18 160.74 174.27 173.39 182.47 195.36
Earnings 14.49 14.62 20.33 22.84 25.24 33.25 38.79 36.10 40.67 42.17
Cash flow 17.38 20.08 22.41 24.56 30.34 39.29 38.19 44.21 45.63 46.37
Capex (4.66) (4.49) (5.34) (3.90) (3.74) (4.49) (5.37) (4.78) (4.82) (5.20)
Free cash flow 12.72 15.59 17.07 20.66 26.60 34.80 32.82 39.43 40.81 41.18
Book value 16.40 21.28 23.40 17.13 11.84 7.41 1.10 (6.86) (5.98) (1.15)
Shares, m 27 26 25 25 24 23 22 22 21 21
Valuation, ×
Valuation, × P/E 29.05 42.82 27.78 34.67 45.08 50.98 37.63 33.63 30.06 33.01
P/S 4.47 5.91 4.86 6.48 8.82 10.56 8.39 7.00 6.71 7.14
P/B 25.75 29.42 24.17 46.32 96.29 229.01 1,326.17 0.00 0.00 0.00
EV/Sales 4.76 6.21 5.15 6.84 9.22 10.98 8.88 7.53 7.21 7.65
EV/FCF 35.39 42.23 35.12 40.53 44.80 50.74 47.14 33.13 32.24 36.32
Cash, $m
Cash, $m Operating cash flow 461 516 565 603 725 909 859 966 968 956
Capex (124) (115) (135) (96) (89) (104) (121) (104) (102) (107)
Free cash flow 337 401 430 508 635 805 738 861 866 849
Balance, $m
Balance, $m Working capital 309 317 311 355 217 123 227 49 26 165
Total debt 894 980 1,035 1,291 1,334 1,682 2,015 2,081 2,014 2,152
Net debt 735 831 857 1,083 1,240 1,583 1,919 2,011 1,955 2,085
Shareholders’ equity 435 547 590 421 283 171 25 (150) (127) (24)
Returns, %
Returns, % ROA 18.63 15.94 19.84 20.75 21.51 25.04 25.59 23.04 26.17 25.00
ROIC 28.69 27.65 29.51 30.26 32.18 35.43 36.22 36.26 38.54 33.91
ROE 75.71 76.56 90.14 111.02 171.37 338.69 889.34 (1,260.59) (623.59) (1,154.87)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Mettler-Toledo International, Inc. vs peers in Diagnostics & Research (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
A Agilent Technologies, Inc. $49.5B 34.0× 26.3× +8.06% (above 0%: growing) +8.47% (above 0%: growing) +69.50% (above 0%: growing) 55.48% 23.64% Compare
IQV IQVIA Holdings Inc. $44.6B 32.8× 22.3× +8.74% (above 0%: growing) −0.65% (below 0%: shrinking) +23.29% (above 0%: growing) 32.85% 11.58% Compare
WAT Waters Corporation $43.6B 109× 44.3× +113.36% (above 0%: growing) n/m +750.00% (above 0%: growing) 44.62% (5.23%) Compare
IDXX IDEXX Laboratories, Inc. $43.1B 39.1× 38.3× +9.66% (above 0%: growing) +17.21% (above 0%: growing) +111.44% (above 0%: growing) 64.04% 34.98% Compare
ILMN Illumina, Inc. $40.5B 48.4× 34.7× +9.44% (above 0%: growing) −8.05% (below 0%: shrinking) −18.27% (below 0%: shrinking) 66.44% 21.14% Compare
MTD Mettler-Toledo International, Inc. $32.8B 36.4× 25.5× +4.48% (above 0%: growing) +18.30% (above 0%: growing) +33.01% (above 0%: growing) 63.29% 30.61%
DGX Quest Diagnostics Incorporated $26.4B 24.6× 20.8× +10.21% (above 0%: growing) +14.74% (above 0%: growing) +5.28% (above 0%: growing) 33.75% 15.08% Compare
LH Labcorp Holdings Inc. $26.4B 26.2× 19.0× +5.78% (above 0%: growing) +28.42% (above 0%: growing) −42.01% (below 0%: shrinking) 29.80% 12.10% Compare
GH Guardant Health, Inc. $22.3B — (loss-making) — (loss-making) +44.33% (above 0%: growing) n/m −5.46% (below 0%: shrinking) 65.39% (38.55%) Compare
Median of peers $41.8B 34.0× 26.3× +9.55% +11.61% +14.29% 50.05% 13.59%

All 52 Diagnostics & Research stocks →

MTD metrics, ten years each

Mettler-Toledo International, Inc. (MTD) key facts

  • Strength: Mettler-Toledo International, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $4.0 billion, up 3.98% from fiscal 2024.
  • Strength: Net income was $869.2 million, or $42.17 per share (basic), a net margin of 21.6%.
  • Mettler-Toledo International, Inc. (MTD) is a Diagnostics & Research company in the Healthcare sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, MTD traded at $1,622.29, a market capitalization of $32.8 billion.
  • At that price the stock trades at 36.4× trailing-twelve-month earnings and 7.9× sales; its P/E is higher than 59% of its own readings over the past ten years.
  • Return on equity was −1,154.9% and debt-to-equity 164.70.
  • Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 10.23 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

Mettler-Toledo International, Inc. (MTD) Latest News

7 Aug

stockrow.com/MTD · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com