Mettler-Toledo (MTD) AI Stock Analysis

• Market Cap: $28.05B
• Dividend Yield: N/A
• Average Volume (3M): 104.02K
• Price to Earnings (P/E): 34.2
• Beta (1Y): 1.06
• Revenue Growth: 4.77%
• EPS Growth: 7.93%
• Country: US
• Employees: 16,000
• Sector: Healthcare
• Sector Strength: 45
• Industry: Medical - Diagnostics & Research
• EPS (TTM): 11.15
• Shares Outstanding: 20,428,446
• 10 Day Avg. Volume: 123,951
• 30 Day Avg. Volume: 104,023
• PEG Ratio: 2.38
• Price to Book (P/B): -204.66
• Price to Sales (P/S): 6.71
• P/FCF Ratio: 30.04
• Enterprise Value/Market Cap: 1.08
• Enterprise Value/Revenue: 7.66
• Enterprise Value/Gross Profit: 13.12
• Enterprise Value/Ebitda: 24.61
• 1Y Price Target: $1,514.88
• Price Target Upside: 10.31% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 9
• EPS Forecast (FY): 45.78
• Revenue Forecast (FY): $4.20B

• Rating: 71 Outperform
• Price Target: $1,614.00 ▲(17.53% Upside)

Mettler-Toledo scores a 71, driven primarily by strong technical momentum and resilient operational execution. The company continues to generate robust cash flow and manage tariff costs effectively, as evidenced by its solid earnings guidance. However, the score is capped by a high valuation (36x P/E) and balance sheet leverage risks. Investors are paying a premium for quality and stability in a slow-growth environment.

Positive Factors

Strong Industrial Growth

The strong growth in the Industrial segment indicates robust demand and effective market penetration, which can drive sustained revenue and profitability.

Cash Flow Management

Effective cash flow management ensures liquidity and financial flexibility, enabling the company to invest in growth opportunities and manage debt.

Successful Acquisitions

Strategic acquisitions enhance product offerings and market reach, contributing to long-term growth and competitive positioning.

Negative Factors

High Financial Leverage

High leverage and negative equity can pose financial risks, limiting the company's ability to withstand economic downturns or invest in growth.

Decreased Operating Margin

Decreased margins due to tariffs can impact profitability, reducing the company's ability to reinvest in business operations and innovation.

Market Uncertainty

Ongoing market uncertainty can hinder strategic planning and growth, affecting long-term business stability and performance.

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 generates revenue through multiple key streams including the sale of its precision instruments, which encompass scales, balances, and analytical equipment. The company also derives income from its service offerings, which include maintenance, calibration, and support services that ensure the optimal performance of their equipment. Additionally, Mettler-Toledo benefits from recurring revenue through consumables and software solutions integrated with their measurement instruments. Strategic partnerships with industry leaders and compliance with regulatory standards enhance their market reach and customer retention, contributing significantly to their earnings.

Mettler-Toledo Financial Statement Overview

Summary

Strong profitability and solid cash generation support the score, but the balance sheet is a major risk due to significant leverage and negative equity, which raises financial resilience concerns.

Income Statement

Mettler-Toledo demonstrates strong profitability with consistent gross and net profit margins. The TTM (Trailing-Twelve-Months) shows a slight revenue growth of 1.94%, indicating stability in revenue generation. However, the revenue growth rate has been inconsistent over the years, with some periods of decline. The EBIT and EBITDA margins remain robust, reflecting efficient operational management.

Balance Sheet

The balance sheet reveals significant financial leverage, with a negative stockholders' equity leading to a high and negative debt-to-equity ratio. This indicates potential financial risk. Return on equity is negative due to the negative equity, which is concerning. The equity ratio is also negative, highlighting a reliance on debt financing.

Cash Flow

Cash flow analysis shows a positive trend in free cash flow growth, particularly in the TTM period. The operating cash flow to net income ratio is healthy, indicating good cash generation relative to net income. The free cash flow to net income ratio is also strong, suggesting effective cash management. However, the company's high leverage could impact future cash flow stability.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	3.94B	3.87B	3.79B	3.92B	3.72B	3.09B
Gross Profit	2.30B	2.25B	2.17B	2.24B	2.11B	1.74B
EBITDA	1.23B	1.22B	1.18B	1.24B	1.10B	885.96M
Net Income	835.73M	863.14M	788.78M	872.50M	768.99M	602.74M
Balance Sheet
Total Assets	3.52B	3.24B	3.36B	3.49B	3.33B	2.81B
Cash, Cash Equivalents and Short-Term Investments	69.06M	59.36M	69.81M	95.97M	98.56M	94.25M
Total Debt	2.21B	2.13B	2.20B	2.13B	1.80B	1.33B
Total Liabilities	3.77B	3.37B	3.51B	3.47B	3.16B	2.53B
Stockholders Equity	-249.20M	-126.89M	-149.94M	24.79M	171.42M	282.68M
Cash Flow
Free Cash Flow	889.48M	864.45M	860.55M	737.83M	801.25M	632.21M
Operating Cash Flow	996.37M	968.35M	965.87M	859.07M	908.83M	724.70M
Investing Cash Flow	-204.52M	-119.46M	-131.69M	-139.40M	-314.11M	-100.36M
Financing Cash Flow	-786.73M	-855.98M	-859.59M	-716.04M	-590.55M	-743.91M

Mettler-Toledo Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1373.24
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

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 1373.24 is below the 20-day moving average (MA) of 1444.67, below the 50-day MA of 1430.30, and above the 200-day MA of 1285.60, indicating a neutral trend. The MACD of -9.19 indicates Positive momentum. The RSI at 38.17 is Neutral, neither overbought nor oversold. The STOCH value of 14.56 is Positive, 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	73 Outperform	$37.86B	29.28	20.62%	0.72%	6.73%	3.34%
WAT	73 Outperform	$22.08B	34.09	32.99%	―	6.90%	3.86%
MTD	71 Outperform	$28.05B	34.25	―	―	4.77%	7.93%
DGX	69 Neutral	$20.81B	21.95	13.69%	1.80%	13.74%	14.87%
DHR	67 Neutral	$154.61B	43.34	7.05%	0.53%	2.90%	-4.81%
TMO	66 Neutral	$217.39B	32.62	13.04%	0.30%	3.91%	7.09%
Sector *	51 Neutral	$7.86B	-0.30	-43.30%	2.27%	22.53%	-2.21%

Mettler-Toledo Corporate Events

Mettler-Toledo Adds Experienced Independent Director to Board

On January 16, 2026, Mettler-Toledo’s board appointed Michael J. Tokich as an independent director, effective February 5, 2026, expanding the board from nine to ten members with compensation aligned to the company’s other independent directors and no related-party arrangements disclosed. Announced publicly on January 20, 2026, the appointment brings to Mettler-Toledo nearly two decades of U.S. public company CFO experience from Tokich’s long tenure at healthcare and life sciences firm STERIS, bolstering the company’s financial, operational and IT expertise at board level and potentially strengthening its governance and strategic oversight for stakeholders.