Mettler-Toledo International Inc (MTD)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Gross profit (ttm) US$ in thousands 2,325,583 2,237,906 2,224,978 2,242,853 2,241,286 2,321,788 2,346,905 2,335,023 2,308,042 2,283,035 2,254,199 2,219,442 2,171,553 2,123,464 2,037,252 1,898,318 1,801,031 1,740,285 1,705,733 1,727,301
Revenue (ttm) US$ in thousands 3,872,364 3,762,226 3,750,153 3,785,520 3,788,309 3,910,997 3,954,381 3,950,651 3,919,704 3,899,264 3,865,368 3,811,332 3,717,931 3,618,676 3,474,083 3,240,405 3,085,177 2,991,160 2,937,669 2,978,362
Gross profit margin 60.06% 59.48% 59.33% 59.25% 59.16% 59.37% 59.35% 59.10% 58.88% 58.55% 58.32% 58.23% 58.41% 58.68% 58.64% 58.58% 58.38% 58.18% 58.06% 57.99%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,325,583K ÷ $3,872,364K
= 60.06%

The gross profit margin of Mettler-Toledo International Inc has experienced a consistent upward trend over the years, reaching a peak of 60.06% as of December 31, 2024. This indicates that the company has been effectively managing its production costs and pricing strategies to improve profitability. The gradual increase in the gross profit margin signifies efficient operations and pricing strategies, which have likely led to higher revenues relative to the cost of goods sold. Overall, the company's ability to maintain and improve its gross profit margin reflects strong operational performance and effective cost management practices, positioning it well for continued financial success.