Latest revenue
$947.1M
as of 2026-03-31
Latest net income
$169.5M
as of 2026-03-31
Net margin
17.9%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $22.29B
- Enterprise value
- $24.37B
- P/E (trailing)
- 25.6×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $1525.17
- 52-wk low
- $1023.05
- Beta
- —
- Shares out
- 20.2M
5-year trend
What this company does
Mettler-Toledo makes precision weighing instruments, lab analytical tools, and end-of-line inspection systems for pharmaceutical, industrial, food, and logistics customers worldwide. Roughly three-quarters of revenue comes from selling products like balances, metal detectors, and chemistry instruments, with the remainder from recurring service contracts and calibration. Q3 sales grew 8% year-over-year to $1.03 billion as the company returned to growth, while aggressive buybacks have pushed shareholders' equity into negative territory.
Generated from MTD's filing dated 2026-02-06
Key risks
- Negative shareholders' equity of $(249)M, worsened from $(127)M YE2024, driven by aggressive buybacks ($656M YTD) exceeding $583M net earnings.
- Long-term debt rose to $2.15B from $1.83B while cash sits at just $69M; leverage funding repurchases amid only 3.3% sales-per-share growth ex-buybacks.
- China manufacturing concentration plus FX headwinds: accumulated other comprehensive loss widened $70M YTD to $(416)M, pressuring reported earnings.
Generated from MTD's filing dated 2026-02-06
Profitability
Gross margin
59.4%
1.1%Net margin
21.6%
3.2%Return on equity
-685.0%
19.0%Return on assets
23.4%
12.1%Leverage
Debt / equity
-30.26×
33.8%Long-term debt / equity
-16.46×
34.7%Debt / assets
103.4%
1.2%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $947.1M | +7.2% | $169.5M | +3.6% | 17.9% |
Q4 2025 2025-12-31 | $1.13B | +8.1% | $285.8M | +13.3% | 25.3% |
Q3 2025 2025-09-30 | $1.03B | +7.9% | $217.5M | +2.8% | 21.1% |
Q2 2025 2025-06-30 | $983.2M | +3.9% | $202.3M | -8.8% | 20.6% |
Q1 2025 2025-03-31 | $883.7M | -4.6% | $163.6M | -7.8% | 18.5% |
Q4 2024 2024-12-31 | $1.05B | — | $252.3M | — | 24.1% |
Q3 2024 2024-09-30 | $954.5M | +1.3% | $211.5M | +4.9% | 22.2% |
Q2 2024 2024-06-30 | $946.8M | -3.6% | $221.8M | +3.7% | 23.4% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Laboratory Analytical Instruments · SIC 3826
Your notes
Keep private notes on MTD — thesis, target price, catalysts to watch.
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Insider activity
Insider buying
$0
Insider selling
$33.4M
Net activity
−$33.4M
Distinct insiders
7
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns MTD
Institutional value
$14.42B
Total shares held
11.7M
Distinct holders
575
As of
2026-03-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 1.8M | $2.23B | — | New |
| 2 | VANGUARD CAPITAL MANAGEMENT LLC | 1.3M | $1.67B | — | New |
| 3 | Capital International Investors | 1.1M | $1.36B | — | New |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 996.1K | $1.26B | — | New |
| 5 | Bank of New York Mellon Corp | 703.5K | $887.2M | — | New |
| 6 | PineStone Asset Management Inc. | 322.8K | $407.1M | — | New |
| 7 | Fiera Capital Corp | 314.4K | $396.5M | — | New |
| 8 | Invesco Ltd. | 283.7K | $357.8M | — | New |
| 9 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 241.4K | $304.4M | — | New |
| 10 | JPMORGAN CHASE & CO | 231.4K | $288.8M | — | New |
| 11 | PRINCIPAL FINANCIAL GROUP INC | 220.5K | $278.1M | — | New |
| 12 | FRANKLIN RESOURCES INC | 195.5K | $246.5M | — | New |
| 13 | Legal & General Group Plc | 186.5K | $235.2M | — | New |
| 14 | NORDEA INVESTMENT MANAGEMENT AB | 156.1K | $195.2M | — | New |
| 15 | TD ASSET MANAGEMENT INC | 153.2K | $193.2M | — | New |
| 16 | DEUTSCHE BANK AG\ | 138.3K | $174.4M | — | New |
| 17 | VANGUARD FIDUCIARY TRUST CO | 114.5K | $144.4M | — | New |
| 18 | Williams Jones Wealth Management, LLC. | 107.5K | $135.6M | — | New |
| 19 | DIMENSIONAL FUND ADVISORS LP | 106.0K | $133.7M | — | New |
| 20 | UBS Group AG | 102.5K | $129.3M | — | New |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
- 1
Nine-month net earnings fell to $583M from $611M despite 2.5% revenue growth—what specifically is pressuring operating leverage given SG&A grew 5.7%?
- 2
With shareholders' equity now negative $249M and long-term debt up to $2.15B, how much further can buybacks run before leverage covenants bind?
- 3
Inventories jumped $60M to $402M against flattish receivables—is this tariff pre-build, China weakness, or genuine demand acceleration into Q4?
Refreshed when MTD files a new report · last from 2026-02-06