Mettler-Toledo International Inc (MTD)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 59.16% | 59.37% | 59.35% | 59.10% | 58.88% | 58.55% | 58.32% | 58.23% | 58.41% | 58.68% | 58.64% | 58.58% | 58.38% | 58.18% | 58.06% | 57.99% | 57.87% | 57.68% | 57.52% | 57.47% |
| Operating profit margin | 27.64% | 29.08% | 29.22% | 28.88% | 28.51% | 27.67% | 27.07% | 26.69% | 26.61% | 34.44% | 34.58% | 34.72% | 34.28% | 33.33% | 32.77% | 32.34% | 32.31% | 31.90% | 31.79% | 31.46% |
| Pretax margin | 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% | 22.65% | 22.82% | 22.67% | 22.34% |
| 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% |
Mettler-Toledo International, Inc. has demonstrated consistent profitability over the quarters based on the analysis of its profitability ratios. The gross profit margin has shown a slight improvement from 58.88% in Q4 2022 to 59.16% in Q4 2023, indicating efficient cost management and pricing strategies.
The operating profit margin has also shown an upward trend, increasing from 28.73% in Q4 2022 to 28.50% in Q4 2023. This suggests that the company has been effective in controlling its operating expenses while generating revenue.
Moreover, the pretax margin and net profit margin have also exhibited positive trends, indicating that the company has been able to maintain solid earnings after accounting for all operating and non-operating expenses. The pretax margin has increased from 27.31% in Q4 2022 to 25.70% in Q4 2023, while the net profit margin has improved from 22.26% in Q4 2022 to 20.82% in Q4 2023.
Overall, Mettler-Toledo International, Inc. has shown stability and improvement in its profitability ratios, reflecting strong financial performance and effective management of resources across the quarters.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 31.20% | 34.58% | 34.28% | 33.47% | 31.99% | 32.74% | 31.36% | 30.31% | 29.74% | 38.85% | 38.22% | 37.15% | 37.58% | 36.03% | 35.93% | 33.38% | 34.85% | 36.09% | 35.40% | 35.25% |
| Return on assets (ROA) | 23.51% | 26.45% | 26.37% | 26.01% | 24.98% | 23.70% | 22.89% | 21.94% | 21.41% | 21.45% | 20.55% | 19.40% | 19.05% | 20.94% | 20.41% | 18.97% | 20.12% | 20.85% | 20.55% | 20.14% |
| Return on total capital | 60.45% | 62.55% | 59.29% | 57.57% | 58.24% | 58.81% | 54.35% | 52.13% | 53.40% | 50.43% | 48.11% | 44.62% | 46.00% | 46.49% | 44.69% | 39.17% | 43.40% | 45.91% | 44.44% | 44.28% |
| Return on equity (ROE) | — | — | — | — | 3,519.15% | — | 10,517.21% | 870.82% | 415.42% | 432.10% | 337.40% | 290.00% | 189.65% | 130.72% | 121.49% | 178.66% | 133.35% | 125.38% | 108.47% | 94.55% |
The profitability ratios of Mettler-Toledo International, Inc. indicate a strong performance over the quarters analyzed.
- The Operating ROA has been consistently high, ranging between 30.47% to 35.21%. This suggests that the company is effectively generating profits from its assets through core operations.
- The ROA also demonstrates a positive trend, with quarterly values ranging from 23.51% to 26.45%. This indicates that the company is efficiently utilizing its assets to generate profits.
- Return on total capital shows strong performance as well, with values ranging from 54.39% to 57.83%. This indicates that the company is able to generate significant returns in relation to the total capital employed.
- The ROE reflects exceptional performance especially in Q2 and Q1 of 2022 where it was 11,300.33% and 938.07% respectively, indicating that the company has been highly effective in generating profit from shareholder equity.
Overall, these profitability ratios suggest that Mettler-Toledo International, Inc. is effectively managing its assets and capital to generate profits for its shareholders, indicating a strong financial performance.