Mettler-Toledo International Inc (MTD)
Return on assets (ROA)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 863,140 | 788,778 | 872,502 | 768,985 | 602,739 |
| Total assets | US$ in thousands | 3,240,000 | 3,355,560 | 3,492,400 | 3,326,800 | 2,814,550 |
| ROA | 26.64% | 23.51% | 24.98% | 23.11% | 21.42% |
December 31, 2024 calculation
ROA = Net income ÷ Total assets
= $863,140K ÷ $3,240,000K
= 26.64%
The return on assets (ROA) for Mettler-Toledo International Inc has displayed a consistent upward trend over the years from December 31, 2020, to December 31, 2024. The ROA has increased from 21.42% in 2020 to 26.64% in 2024, reflecting an improvement in the company's efficiency in generating profits relative to its assets. This indicates that the company has been utilizing its assets more effectively to generate earnings.
The average ROA over this period is 24.13%, which indicates that, on average, the company has been generating a return of approximately 24.13 cents for every dollar of assets employed. This suggests that Mettler-Toledo International Inc has been successful in maximizing the return on its asset base and is efficiently utilizing its resources to drive profitability.
Peer comparison
Dec 31, 2024