Mettler-Toledo International Inc (MTD)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,037,220 | 973,728 | 1,070,590 | 949,361 | 748,743 |
| Revenue | US$ in thousands | 3,872,360 | 3,788,310 | 3,919,710 | 3,717,930 | 3,085,180 |
| Pretax margin | 26.79% | 25.70% | 27.31% | 25.53% | 24.27% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,037,220K ÷ $3,872,360K
= 26.79%
The pretax margin of Mettler-Toledo International Inc has shown a generally positive trend over the five-year period from December 31, 2020, to December 31, 2024. Starting at 24.27% in 2020, the pretax margin increased to 25.53% in 2021, further improving to 27.31% in 2022. However, there was a slight decline in 2023 to 25.70%, before rebounding to 26.79% in 2024.
This indicates that the company has been effectively managing its operating expenses in relation to its revenue, resulting in higher profitability before taxes over time. The consistency in maintaining relatively high pretax margins demonstrates the company's ability to generate earnings efficiently and sustainably, reflecting positively on its overall operational performance and financial health.
Peer comparison
Dec 31, 2024