Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences (around 55% of sales), industrial (around 40%), and food retail (around 5%) industries.
It is a $31.1B technology company. Revenue grew 6.9% over the last year, it keeps 22¢ of every dollar of sales as profit, and its net debt equals ~2.3 years of free cash flow. It trades at 34.3× earnings — around the middle of its own history.
- Website
- mt.com
- Location
- Columbus, OH
- Employees
- 18 100
- Sector
- Technology
- Founded
- 1992
Skills
Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.
Strong profitability, quality and moat; Valuation and Growth lag behind.
Valuation34
- P/E vs own history43th pct · 12/25
- FCF yield2.8% · 5/25
- P/S7.5x · 12/25
- EV/EBITDA28.2x · 5/25
Growth37
- Revenue CAGR2.0% · 6/25
- Net income CAGR3.1% · 6/25
- EPS CAGR ~5Y11.0% · 20/25
- Fwd implied growth4.7% · 5/25
Profitability100
- ROIC46.2% · 25/25
- ROE1816.3% · 25/25
- Net margin21.9% · 25/25
- Operating margin26.6% · 25/25
Health62
- Altman Z9.88 · 25/25
- Current ratio1.12 · 12/25
- Interest coverage15.6x · 25/25
- Net cash / debtD/A 54% · 0/25
Quality82
- Piotroski F5/9 · 15/25
- Beneish M-2.44 · 20/25
- FCF conversion95% · 22/25
- Margin stabilityσ 3.2% · 25/25
Moat100
- ROIC >12% years10/10 yrs · 25/25
- Median gross margin58.4% · 25/25
- FCF-positive years10/10 yrs · 25/25
- Worst-year net marginworst 13.8% · 25/25
Experience
The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.
- FY2022FinancialBest year on record$873M net income
- FY2016FinancialProfitable every year on record10 consecutive profitable years in our data
- FY2016FinancialRevenue already above $1B$2.51B in first reported year
- FY2016FinancialPositive free cash flow every year since10-year streak
- 1996IPO–97, Mettler Toledo, Inc. was sold by Ciba-Geigy AG to the New York-based AEA Investors Inc., in preparation…
- 1992FoundedThe company was incorporated as Mettler Toledo, Inc
- 1990AcquisitionMettler acquired another competitor, Ohaus Corp., in 1990
- 1971AcquisitionMettler acquired its 500-employee competitor August Sauter KG, of Albstadt-Ebingen, Germany, in 1971, for its…
- 1970AcquisitionMettler diversified its product line in 1970 with the introduction of its automated titration systems
- 1957AcquisitionReliance Electric Co, merged with Toledo Scale Co
Achievements
Verifiable track record, straight from the reported numbers.
Strengths & watch-outs
What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.
Strengths
- High gross margin (60.3%)
- Strongly profitable — 21.9% net margin
- Strong cash conversion — FCF is 20.9% of revenue
- Interest covered 15.6× by operating earnings
- High returns on invested capital (ROIC 46.2%)
Watch-outs
Nothing stands out as a concern in the available data.
Qualifications
The basics a company should meet before you research it further. Each check uses the reported numbers.
- Revenue growing — the company sells more than a year ago+6.9% YoY
- Profitable — makes more than it spends$906M TTM
- Profit growing — earnings are higher than last year+3.0% YoY
- Generates cash — cash left after running and investing$864M TTM
- Debt under control — could handle its obligations~2.3y of cash flow to repay
- Established company — not a micro-cap — lower blow-up risk$31.1B market cap
- Not printing shares — share count not ballooning — you keep your slice-14.6% shares over ~5y
- Proven track record — years of profitability behind it10/10 profitable years
- Financially stable — balance sheet not near distressAltman Z 9.9 — safe
- Pays a dividend — returns cash to shareholdersno data
- Valuation not extreme — price not wildly above earningsP/E 34.3
Peer comparisonMettler-Toledo International vs 6 largest technology peers — cap, P/E, growth and margin side by sideOpen ▾Close ▴
| Company | Market cap | P/E | Revenue growth | Net margin | Profile |
|---|---|---|---|---|---|
| MTD this company | $31.1B | 34.3 | +6.9% | 21.9% | Solid |
| NVDA Nvidia Corp | $5.5T | 28.6 | +83.4% | 63.7% | Mixed |
| AAPL Apple Inc. | $4.9T | 38.1 | +14.2% | 27.6% | Strong |
| GOOGL Alphabet Inc. | $4.3T | 17.6 | +20.1% | 54.8% | Mixed |
| MSFT Microsoft Corp | $4.0T | 29.7 | +17.8% | 40.3% | Strong |
| SPCX Space Exploration Technologies Corp. | $2.1T | — | +33.2% | -34.0% | Strained |
| META Meta Platforms, Inc. | $1.8T | 26.9 | +27.7% | 29.8% | Mixed |
Head-to-head: MTD vs NVDA · MTD vs AAPL · MTD vs GOOGL
References
What covering analysts publish about the company — information only, not a recommendation.
Appendix · Financial records
The full statements behind this CV, FY2016–FY2025. For readers who want to check the numbers.
Live data and quarterly detail: stockcv.com/MTD
Want the live picture — intraday moves, valuation history and full analysis?
Deeper analysis of MTD on PreMarketPriceFigures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $1 549.99 · market cap $31.1B.