Mettler-Toledo (MTD) AI Stock Analysis

• Market Cap: $23.72B
• Dividend Yield: N/A
• Average Volume (3M): 225.99K
• Price to Earnings (P/E): 28.5
• Beta (1Y): 1.13
• Revenue Growth: 1.18%
• EPS Growth: 12.34%
• Country: US
• Employees: 16,000
• Sector: Healthcare
• Sector Strength: 42
• Industry: Medical - Diagnostics & Research
• EPS (TTM): 8.19
• Shares Outstanding: 20,782,785
• 10 Day Avg. Volume: 223,187
• 30 Day Avg. Volume: 225,986
• PEG Ratio: -24.54
• Price to Book (P/B): 6.97
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 25.85
• Enterprise Value/Market Cap: 1.03
• Enterprise Value/Revenue: 1.61
• Enterprise Value/Gross Profit: 10.71
• Enterprise Value/Ebitda: 5.12
• 1Y Price Target: $1,229.40
• Price Target Upside: 7.74% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 10

• Rating: 66 Neutral
• Price Target: $1,231.00 ▲(7.88%Upside)

Mettler-Toledo's strong profitability and cash flow metrics are significant strengths, but challenges such as negative revenue growth, historical financial instability, and global tariffs impact the company's outlook. The technical analysis and valuation suggest moderate investor caution, while the earnings call indicates minimal growth expectations.

Positive Factors

Product Innovation

MTD's Lab unit grew 5% organically, driven by new product innovation and strength in process analytics.

Revenue Performance

Revenues of $884M were above expectations with organic growth in line, indicating stable performance.

Negative Factors

China Market Challenges

China revenues were roughly flat year-over-year but declined quarter-over-quarter, impacting top-line guidance.

Profitability Concerns

Earnings per share declined by 8%, indicating a decrease in profitability.

Tariff Impacts

MTD lowered its 2025 EPS outlook due to tariff impacts and reduced expectations for core growth.

Mettler-Toledo Business Overview & Revenue Model

Company Description

Mettler-Toledo International Inc. engages in the manufacture and supply of precision instruments and services worldwide. It operates in five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company's laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments. Its industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detection, x-ray, checkweighing, camera-based imaging equipment, track-and-trace solutions, and product inspection systems. The company's retail weighing solutions consist of networked scales and software, stand-alone scales, and automated packaging and labeling solutions for handling fresh goods. It serves the life science industry, independent research organizations, and testing labs; food and beverage manufacturers; food retailers; chemical, specialty chemical, and cosmetics companies; food retailers; transportation and logistics, metals, and electronics industries; and the academic community through its direct sales force and indirect distribution channels. The company was incorporated in 1991 and is based in Columbus, Ohio.

How the Company Makes Money

Mettler-Toledo makes money primarily through the sale of its precision instruments and related services. The company's revenue model is based on a combination of product sales, service contracts, and consumables. Key revenue streams include laboratory instruments, which are used for research and quality control, industrial instruments for manufacturing and logistics, and food retailing solutions for weighing and packaging. MTD also generates income from after-sales services such as maintenance and calibration, which are crucial for the accurate functioning of their instruments. The company benefits from a global distribution network and strategic partnerships with research institutions and industrial clients, contributing to its robust earnings.

Mettler-Toledo Financial Statement Overview

Summary

Mettler-Toledo demonstrates strong profitability and operational efficiency with high margins, but faces challenges with negative revenue growth and historical negative equity. The robust cash flow metrics help mitigate financial risks, supporting a favorable financial outlook despite some areas of concern.

Income Statement

Mettler-Toledo's TTM (Trailing-Twelve-Months) gross profit margin is 59.66%, indicating strong profitability. The net profit margin is 22.17%, reflecting efficient cost management. However, the revenue growth rate is negative at -1.09%, indicating a decline in sales compared to the previous annual report. The EBIT margin is a robust 30.54%, and the EBITDA margin stands at 31.45%, both suggesting solid operational efficiency. Despite the negative revenue growth, margins remain strong, supporting a high income statement score.

Balance Sheet

The company's debt-to-equity ratio cannot be calculated due to negative equity in previous periods, posing a risk factor. However, the return on equity (ROE) for the TTM is not computable due to the same issue. The equity ratio for TTM is 100%, indicating full asset financing by equity. The company's high debt levels and negative equity in prior years suggest financial instability, warranting a moderate score.

Cash Flow

The TTM free cash flow to net income ratio is 1.02, and the operating cash flow to net income ratio is 1.15, demonstrating strong cash-generating efficiency relative to net income. The free cash flow growth rate compared to the previous annual report is 0.53%, showing stable cash flow despite revenue contraction. Overall, the cash flow position is robust, leading to a high score.

Breakdown
TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement		Total Revenue
3.83B	3.87B	3.79B	3.92B	3.72B	3.09B
	Gross Profit
2.29B	2.33B	2.24B	2.31B	2.17B	1.80B
	EBIT
1.17B	1.13B	1.15B	1.14B	997.84M	797.88M
	EBITDA
1.20B	1.22B	1.17B	1.24B	1.10B	885.96M
	Net Income Common Stockholders
849.22M	863.14M	788.78M	872.50M	768.99M	602.74M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
70.19M	59.36M	69.81M	95.97M	98.56M	94.25M
	Total Assets
3.28B	3.24B	3.36B	3.49B	3.33B	2.81B
	Total Debt
2.09B	2.01B	2.08B	2.01B	1.68B	1.33B
	Net Debt
2.02B	1.95B	2.01B	1.92B	1.58B	1.24B
	Total Liabilities
3.44B	3.37B	3.51B	3.47B	3.16B	2.53B
	Stockholders Equity
-158.72M	-126.89M	-149.94M	24.79M	171.42M	282.68M
Cash Flow		Free Cash Flow
869.05M	864.45M	860.55M	737.83M	801.25M	632.21M
	Operating Cash Flow
972.81M	968.35M	965.87M	859.07M	908.83M	724.70M
	Investing Cash Flow
-117.43M	-119.46M	-131.69M	-139.40M	-314.11M	-100.36M
	Financing Cash Flow
-861.04M	-855.98M	-859.59M	-716.04M	-590.55M	-743.91M

Mettler-Toledo Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1141.13
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For MTD, the sentiment is Negative. The current price of 1141.13 is above the 20-day moving average (MA) of 1135.52, above the 50-day MA of 1105.46, and below the 200-day MA of 1269.23, indicating a neutral trend. The MACD of 15.02 indicates Negative momentum. The RSI at 51.78 is Neutral, neither overbought nor oversold. The STOCH value of 60.45 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for MTD.

Mettler-Toledo Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
A	78 Outperform	$31.66B	27.39	18.88%	0.86%	0.56%	-4.08%
IDXX	74 Outperform	$41.40B	47.57	59.33%	―	5.56%	4.66%
WAT	73 Outperform	$20.78B	31.67	40.82%	―	2.57%	8.31%
TMO	69 Neutral	$152.06B	23.64	13.73%	0.40%	0.96%	9.19%
MTD	66 Neutral	$23.72B	28.46	-680.23%	―	1.18%	12.34%
DHR	64 Neutral	$135.91B	36.82	7.22%	0.59%	-9.19%	-12.75%
Sector *	53 Neutral	$5.24B	3.28	-44.98%	2.81%	16.82%	-0.32%

Mettler-Toledo Corporate Events

Mettler-Toledo Approves 2025 Executive Incentive Awards

On May 8, 2025, Mettler-Toledo‘s Compensation Committee approved the 2025 long-term incentive awards for its executive officers, implementing a bifurcated grant structure to enhance retention and motivation. The awards, divided into performance share units, non-qualified stock options, and restricted stock units, reflect a strategic adjustment to the company’s compensation program, with the CEO’s target LTI value increasing by 5% and other executives by 10% compared to 2024.

The most recent analyst rating on (MTD) stock is a Buy with a $1450.00 price target. To see the full list of analyst forecasts on Mettler-Toledo stock, see the MTD Stock Forecast page.

Mettler-Toledo Stockholders Approve Key Decisions at Annual Meeting

The annual meeting of Mettler-Toledo International Inc. stockholders took place on May 1, 2025, with a quorum present. Key outcomes included the election of eight directors for one-year terms and the ratification of PricewaterhouseCoopers LLP as the independent registered public accounting firm. Additionally, an advisory vote approved the executive compensation package, reflecting shareholder support for the company’s leadership and strategic direction.