Mettler-Toledo International Inc (MTD)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,107,280 | 1,046,950 | 1,116,660 | 989,497 | 773,527 |
| Revenue | US$ in thousands | 3,872,360 | 3,788,310 | 3,919,710 | 3,717,930 | 3,085,180 |
| Operating profit margin | 28.59% | 27.64% | 28.49% | 26.61% | 25.07% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,107,280K ÷ $3,872,360K
= 28.59%
Mettler-Toledo International Inc's operating profit margin has shown a consistent upward trend over the past five years. Starting at 25.07% on December 31, 2020, it increased to 26.61% by December 31, 2021, and continued to rise to 28.49% on December 31, 2022. Although there was a slight decrease to 27.64% on December 31, 2023, the operating profit margin bounced back to 28.59% by December 31, 2024. This demonstrates the company's ability to effectively manage its operating expenses relative to its revenue, indicating operational efficiency and potentially improving profitability.
Peer comparison
Dec 31, 2024