Mettler-Toledo International Inc (MTD)
Return on assets (ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 863,140 | 795,633 | 785,748 | 777,861 | 814,279 | 895,319 | 914,285 | 912,428 | 872,502 | 780,669 | 763,760 | 736,453 | 712,115 | 687,777 | 645,856 | 587,655 | 536,107 | 579,193 | 546,821 | 547,419 |
| Total assets | US$ in thousands | 3,240,000 | 3,319,830 | 3,249,160 | 3,283,120 | 3,355,560 | 3,288,730 | 3,370,400 | 3,409,910 | 3,492,400 | 3,294,460 | 3,336,430 | 3,356,180 | 3,326,800 | 3,207,160 | 3,142,900 | 3,028,370 | 2,814,550 | 2,766,540 | 2,679,650 | 2,885,780 |
| ROA | 26.64% | 23.97% | 24.18% | 23.69% | 24.27% | 27.22% | 27.13% | 26.76% | 24.98% | 23.70% | 22.89% | 21.94% | 21.41% | 21.45% | 20.55% | 19.40% | 19.05% | 20.94% | 20.41% | 18.97% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $863,140K ÷ $3,240,000K
= 26.64%
The return on assets (ROA) for Mettler-Toledo International Inc has shown a generally positive trend over the evaluated periods from March 31, 2020, to December 31, 2024.
The ROA increased consistently from 18.97% in March 2020 to 27.13% in June 2023, indicating that the company was able to generate more profit relative to its total assets during this time frame. However, there was a slight decline in ROA to 24.27% by December 31, 2023.
Subsequently, the ROA fluctuated between 23.69% and 26.64% from March 31, 2024, to December 31, 2024. These fluctuations suggest that the company's ability to generate profits from its assets may have been impacted by changes in the business environment or internal factors during this period.
Overall, the ROA performance of Mettler-Toledo International Inc indicates that the company has been effectively utilizing its assets to generate returns for shareholders, with some fluctuations observed in the more recent periods. It is important for stakeholders to monitor these fluctuations and assess the underlying factors influencing the company's asset efficiency and profitability.
Peer comparison
Dec 31, 2024