Mettler-Toledo International Inc (MTD)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | -126,890 | -149,938 | 24,793 | 171,421 | 282,675 |
| ROE | — | — | 3,519.15% | 448.59% | 213.23% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $863,140K ÷ $-126,890K
= —
The return on equity (ROE) of Mettler-Toledo International Inc has shown a significant increase over the years based on the provided data. As of December 31, 2020, the ROE stood at 213.23%, indicating a strong performance in generating profits relative to shareholders' equity. This ratio surged to 448.59% by December 31, 2021, demonstrating a notable improvement in profitability.
However, there was a substantial jump in ROE to 3,519.15% by December 31, 2022, representing a remarkable surge in profitability and efficiency in utilizing equity to generate earnings. It is essential to further investigate the drivers behind this extraordinary increase in ROE as such a significant spike could be influenced by various factors.
The absence of reported ROE figures for December 31, 2023, and December 31, 2024 denotes a lack of available data and underscores the importance of consistent and reliable financial reporting. It would be advisable to monitor future ROE figures to assess the company's ongoing profitability trends and its ability to generate returns on shareholders' equity.
Peer comparison
Dec 31, 2024