Mettler-Toledo International (MTD) financial statements
Mettler-Toledo International reported revenue of $4.0B in fiscal 2025, up 5.4% a year over 9 years.
Net income was $869M.
Free cash flow was $849M, and the company returned $800M in net buybacks.
The diluted share count fell 24% over the period (buybacks).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Mettler-Toledo International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5B | $2.7B | $2.9B | $3.0B | $3.1B | $3.7B | $3.9B | $3.8B | $3.9B | $4.0B |
| Cost of revenue | $768M | $834M | — | — | — | — | — | — | — | — |
| Gross profit | $1.4B | $1.6B | $1.7B | $1.7B | $1.8B | $2.2B | $2.3B | $2.2B | $2.3B | $2.4B |
| Research and development | $119M | $128M | $141M | $144M | $140M | $170M | $177M | $185M | $189M | $199M |
| Selling, general and admin | $745M | $795M | $813M | $819M | $820M | $944M | $938M | $904M | $936M | $998M |
| Interest expense | $28M | $33M | $35M | $37M | $39M | $43M | $55M | $77M | $75M | $69M |
| Pre-tax income | $504M | $574M | $652M | $681M | $749M | $949M | $1.1B | $974M | $1.0B | $1.0B |
| Income tax | $120M | $198M | $139M | $120M | $146M | $180M | $198M | $185M | $174M | $180M |
| Net income | $384M | $376M | $513M | $561M | $603M | $769M | $873M | $789M | $863M | $869M |
| EPS (diluted) | $14.22 | $14.24 | $19.88 | $22.47 | $24.91 | $32.78 | $38.41 | $35.90 | $40.48 | $42.05 |
| Diluted shares | 27M | 26M | 26M | 25M | 24M | 23M | 23M | 22M | 21M | 21M |
| Gross margin | 57.3% | 57.8% | 57.4% | 57.9% | 58.4% | 58.4% | 58.9% | 59.2% | 60.1% | 59.4% |
| Net margin | 15.3% | 13.8% | 17.5% | 18.6% | 19.5% | 20.7% | 22.3% | 20.8% | 22.3% | 21.6% |
Balance sheet
Fiscal years, from Mettler-Toledo International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $159M | $149M | $178M | $208M | $94M | $99M | $96M | $70M | $59M | $67M |
| Receivables | $455M | $529M | $536M | $566M | $594M | $647M | $709M | $664M | $687M | $778M |
| Inventory | $222M | $255M | $269M | $274M | $298M | $415M | $442M | $386M | $342M | $387M |
| Total current assets | $897M | $1.0B | $1.0B | $1.1B | $1.1B | $1.3B | $1.4B | $1.2B | $1.2B | $1.4B |
| Property, plant and equipment | $564M | $668M | $718M | $749M | $799M | $799M | $779M | $803M | $770M | $846M |
| Goodwill | $476M | $540M | $535M | $536M | $550M | $649M | $660M | $670M | $669M | $739M |
| Total assets | $2.2B | $2.5B | $2.6B | $2.8B | $2.8B | $3.3B | $3.5B | $3.4B | $3.2B | $3.7B |
| Total current liabilities | $588M | $690M | $734M | $755M | $840M | $1.1B | $1.1B | $1.2B | $1.2B | $1.2B |
| Long-term debt | $875M | $960M | $985M | $1.2B | $1.3B | $1.6B | $1.9B | $1.9B | $1.8B | $2.1B |
| Total liabilities | $1.7B | $2.0B | $2.0B | $2.4B | $2.5B | $3.2B | $3.5B | $3.5B | $3.4B | $3.7B |
| Shareholders' equity | $435M | $547M | $590M | $421M | $283M | $171M | $25M | -$150M | -$127M | -$24M |
| Net debt | $735M | $831M | $857M | $1.1B | $1.2B | $1.6B | $1.9B | $2.0B | $2.0B | $2.1B |
Cash flow
Fiscal years, from Mettler-Toledo International's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $461M | $516M | $565M | $603M | $725M | $909M | $859M | $966M | $968M | $956M |
| Capital spending | $124M | $127M | $143M | $97M | $92M | $108M | $121M | $105M | $104M | $107M |
| Free cash flow | $337M | $389M | $422M | $506M | $632M | $801M | $738M | $861M | $864M | $849M |
| Stock-based compensation | $15M | $17M | $18M | $18M | $19M | $20M | $20M | $18M | $20M | $23M |
| Share buybacks (net) | -$500M | -$400M | -$475M | -$775M | -$775M | -$1000M | -$1.1B | -$900M | -$850M | -$800M |
| Free cash flow margin | 13.4% | 14.3% | 14.4% | 16.8% | 20.5% | 21.6% | 18.8% | 22.7% | 22.3% | 21.1% |
Questions
What was Mettler-Toledo International's revenue in 2025?
$4.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does Mettler-Toledo International generate?
$849M in fiscal 2025 (operating cash flow minus capital spending).
From Mettler-Toledo International's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.