TORVANTA
Health Care · S&P 500 · data as of 2026-10-05

MTD stock analysis: Mettler-Toledo

Mettler-Toledo (MTD) is an S&P 500 company in Life Sciences Tools & Services. It grades weakest on value.

The model's view of MTD · subscribers

Where MTD ranks among the 1,500 U.S. stocks the model scores each trading day, its expected return, the evidence for and against it, and whether the model portfolio holds it. The grades below describe the company's data; they are not the model's view.

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What's happening with MTD · updated 2026-10-05 · from prices and SEC filings

MTD price performance

MTD against the S&P 500, one year
+0%+20%MTD +29%S&P 500 +18%2025-09-292026-10-05
Year to date+10.6%S&P 500 +14.5% · behind by 3.9 pts
1 year+17.3%S&P 500 +17.0% · ahead by 0.3 pts
3 years+43.0%S&P 500 +89.3% · behind by 46.3 pts
5 years+11.4%S&P 500 +91.3% · behind by 79.9 pts

Total returns with dividends reinvested.

MTD factor grades

Each grade compares MTD with the rest of its sector (A+ best, F worst); the numbers behind it are shown with the typical figure for its peers.

D+ValueP/E 34.7x (industry 37.8x)FCF yield 2.8% (industry 2.6%)
CGrowthRevenue growth +7% (industry +7%)EPS growth +12% (industry +11%)
C+Profitability
B+Momentum12-month change +17%From 52-wk high -0%

MTD in plain numbers

MTD key statistics

SectorHealth Care
IndustryLife Sciences Tools & Services
IndexS&P 500
Market value$30.9B
Revenue growth (y/y)+7%
Free-cash-flow yield2.8%
Dividend yieldn/a
Next earnings (expected)2026-11-05
Valuation measures
Market value$30.9B
Enterprise value$32.9B
P/E (trailing)34.7x
Forward P/E (Torvanta estimate)32.3x
PEG (Torvanta estimate)4.31
Price / sales7.5x
Price / book2408.9x
EV / revenue8.0x
Financial highlights
Revenue, last 12 months$4.1B
Net income, last 12 months$905.6M
EPS, last 12 months (GAAP)$44.38
Gross margin60.3%
Net margin21.9%
Cash$51.4M
Total debt$2.1B
Debt / equity164.70x
Free cash flow, last 12 months$864.0M
Current ratio1.12x

Company figures from its latest SEC filings; market value and returns from end-of-day prices.

MTD earnings trends

Revenue vs earnings
$0$282.4M$564.9M$847.3M$1.1BSep 2024 Revenue: $1.0BDec 2024 Revenue: $1.0BMar 2025 Revenue: $883.7MJun 2025 Revenue: $1.0BSep 2025 Revenue: $1.0BDec 2025 Revenue: $1.1BMar 2026 Revenue: $947.1MJun 2026 Revenue: $1.0BSep 2024 Net income: $211.5MDec 2024 Net income: $252.3MMar 2025 Net income: $163.6MJun 2025 Net income: $202.3MSep 2025 Net income: $217.5MDec 2025 Net income: $285.8MMar 2026 Net income: $169.5MJun 2026 Net income: $232.9MSep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Net margin: 22.2%Net margin: 24.1%Net margin: 18.5%Net margin: 20.6%Net margin: 21.1%Net margin: 25.3%Net margin: 17.9%Net margin: 22.7%0%13%25%■ Revenue ■ Net income ━ Net margin
Earnings per share$0.0$3.5$7.0$10.5$13.9Sep 2024 EPS (GAAP, diluted): $10.0Dec 2024 EPS (GAAP, diluted): $11.9Mar 2025 EPS (GAAP, diluted): $7.8Jun 2025 EPS (GAAP, diluted): $9.8Sep 2025 EPS (GAAP, diluted): $10.6Dec 2025 EPS (GAAP, diluted): $13.9Mar 2026 EPS (GAAP, diluted): $8.3Jun 2026 EPS (GAAP, diluted): $11.6Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026■ EPS (GAAP, diluted) Change from a year earlier: Sep 2025 +6% · Dec 2025 +17% · Mar 2026 +7% · Jun 2026 +18%

From the company's 10-Q and 10-K filings with the SEC.

Mettler-Toledo financials (from SEC filings)

Fiscal yearFY2021FY2022FY2023FY2024FY2025
Revenue$3.7B$3.9B$3.8B$3.9B$4.0B
Net income$712.1M$795.1M$788.8M$863.1M$869.2M
EPS (GAAP)$32.80$38.43$35.90$40.50$42.07
Free cash flow$801.2M$737.8M$860.6M$864.4M$848.6M

MTD earnings history

ReportedEPS (GAAP)EPS y/yRevenue y/yStock vs S&P 500, 2 days
2026-07-30$11.55+18%+4%-0.4%
2026-05-07$8.33+7%+7%-15.8%
2026-02-05$13.93+17%+8%-1.8%
2025-11-06$10.57+6%+8%+0.9%
2025-08-01$9.76-6%+4%-0.0%
2025-05-01$7.81-5%-5%+0.5%

About Mettler-Toledo

HeadquartersColumbus, OH
Industry (SEC code)Laboratory Analytical Instruments
Fiscal year endsDecember 31
Incorporated inDE
Listed onNYSE
FormerlyMT INVESTORS INC/, METTLER TOLEDO INTERNATIONAL INC, MT INVESTORS INC

From the company's SEC registration record.

Companies similar to MTD

CompanyMarket valueP/ERevenue growthOperating margin12-month change
MTD Mettler-Toledo$30.9B34.7x+7%n/a+17%
WAT Waters$43.2B109.8x+55%7.1%+34%compare
ILMN Illumina, Inc.$44.3B54.8x+5%19.6%+188%compare
IQV IQVIA$44.4B33.0x+7%13.2%+29%compare
A Agilent$48.3B33.8x+9%22.2%+22%
CRL Charles River$14.8Bn/a-1%2.3%+75%
TECH Bio-Techne$11.4B63.1x-0%20.7%+16%

All Health Care stock ratings

Frequently asked questions

Is MTD stock a buy?

Torvanta does not tell individuals what to buy. Its grades for MTD are shown above. Subscribers see the model's rank, expected return and whether the model portfolio holds it. This is research, not a recommendation.

What is MTD's P/E ratio?

MTD trades at about 34.7 times its last 12 months of GAAP earnings reported to the SEC, and about 32.3 times Torvanta's own estimate of the next 12 months.

When does MTD report earnings next?

Based on its filing history, Torvanta expects Mettler-Toledo to report around 2026-11-05.

How has MTD performed against the S&P 500?

Over the past year MTD returned +17.3%, against +17.0% for the S&P 500, dividends reinvested.

See the model's view

Subscribers get the model's rank and expected return for every covered company, the reasoning behind each, and the Torvanta model portfolio's trades each trading day, sized and explained, at three risk levels.

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Torvanta is research only - not investment advice and not a recommendation to buy or sell any security. Grades describe a company's reported data against its sector; they are not the model's view, change as data changes and can be wrong. Financial figures come from the company's SEC filings; returns include reinvested dividends. Past performance does not predict future results.

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