Mettler-Toledo International Inc (MTD)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	788,778	869,818	888,784	886,927	872,502	780,669	763,760	736,453	712,115	687,777	645,856	587,655	536,107	579,193	546,821	547,419	561,109	549,546	546,804	531,112
Revenue (ttm)	US$ in thousands	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	3,008,652	2,982,607	2,963,587	2,954,217
Net profit margin		20.82%	22.24%	22.48%	22.45%	22.26%	20.02%	19.76%	19.32%	19.15%	19.01%	18.59%	18.14%	17.38%	19.36%	18.61%	18.38%	18.65%	18.43%	18.45%	17.98%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $788,778K ÷ $3,788,309K
= 20.82%

Net profit margin measures the profitability of a company by indicating how much of each dollar of revenue translates into net income. In the case of Mettler-Toledo International, Inc., the net profit margin has been relatively stable over the past eight quarters, ranging from 20.81% to 22.48%. This indicates that the company has consistently been able to convert around 20-22% of its revenue into profit during this period.

The highest net profit margin recorded was 22.48% in Q2 2023, showing strong profitability during that quarter. Conversely, the lowest net profit margin was 20.81% in Q1 2022, which was still within a reasonable range compared to the other quarters.

Overall, the trend suggests that Mettler-Toledo International, Inc. has been effectively managing its costs and generating profits in relation to its revenue. Consistent net profit margins indicate stability in the company's operations and financial performance, which can be viewed positively by investors and stakeholders.