Mettler-Toledo International Inc (MTD)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 3,240,000 | 3,355,560 | 3,492,400 | 3,326,800 | 2,814,550 |
| Operating ROA | 34.18% | 31.20% | 31.97% | 29.74% | 27.48% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $1,107,280K ÷ $3,240,000K
= 34.18%
The operating return on assets (ROA) for Mettler-Toledo International Inc has shown a positive trend over the past five years, increasing from 27.48% as of December 31, 2020, to 34.18% as of December 31, 2024. This indicates that the company has been effectively generating operating income relative to its total assets.
The steady growth in operating ROA reflects the company's ability to efficiently utilize its assets to generate operating profits. It suggests that management has been successful in optimizing the company's operational efficiency and profitability over the period under review.
The significant improvement in operating ROA from 2020 to 2024 highlights Mettler-Toledo International Inc's robust operational performance and effective asset management strategies. Investors and stakeholders may view this positive trend favorably as it indicates the company's ability to generate higher returns on its asset base.
Peer comparison
Dec 31, 2024