Mettler-Toledo International Inc (MTD)

Pretax 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
Earnings before tax but after interest (EBT) (ttm)	US$ in thousands	1,037,223	955,232	947,439	967,665	973,728	1,066,186	1,090,912	1,084,201	1,070,592	974,684	946,386	920,078	892,491	865,933	824,155	749,026	682,111	710,706	674,256	674,217
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
Pretax margin		26.79%	25.39%	25.26%	25.56%	25.70%	27.26%	27.59%	27.44%	27.31%	25.00%	24.48%	24.14%	24.01%	23.93%	23.72%	23.12%	22.11%	23.76%	22.95%	22.64%

December 31, 2024 calculation

Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,037,223K ÷ $3,872,364K
= 26.79%

The pretax margin of Mettler-Toledo International Inc has shown a generally upward trend over the period from March 31, 2020, to December 31, 2024. The company's pretax margin started at 22.64% in March 2020 and increased gradually to reach 26.79% by December 2024.

There were fluctuations in the pretax margin during the period, with occasional dips and peaks. Notably, the pretax margin hit its lowest point of 22.11% in December 2020 but recovered and continued to rise thereafter.

The pretax margin performance indicates the company's ability to control costs, manage expenses, and generate profits before accounting for taxes. The increasing trend in the pretax margin suggests improving operational efficiency and profitability for Mettler-Toledo International Inc over the analyzed period.