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.
Live Analysis: Mettler-Toledo International Inc. (MTD) is currently priced at $1,415.73, with a price change of $22.09, representing a 1.59% increase from the previous close of $1,393.64. The trading volume stands at $73,502, which is 49.6% higher than the average.
Earnings Overview: In the latest quarterly earnings report released on Wednesday, November 5th, MTD reported earnings per share of 11.15, surpassing the consensus estimate of 10.62. The total revenue was $1 billion, showing a year-over-year increase of 7.87%.
Grades: Bank of America Securities issued a new "Buy" grade for MTD on December 15th, suggesting an upgrade.
Income Statement: MTD reported a gross profit of $609.46 million, operating income of $309.92 million, and a net income of $217.49 million. The earnings per share (EPS) stood at $10.6.
Ratios: Key ratios include a gross profit margin of 59.19%, operating profit margin of 30.1%, and net profit margin of 21.12%. The return on assets is 6.18, with a price to earnings ratio of 29.04.
Balance Sheet: MTD's total assets amount to $3.52 billion, with total liabilities at $3.77 billion. The net debt stands at $2.14 billion.
This report highlights MTD's positive performance, strong earnings, and analyst upgrade, indicating a favorable outlook for the company.