Mettler-Toledo International Inc (MTD)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	788,778	869,818	888,784	886,927	872,502	780,669	763,760	736,453	712,115	687,777	645,856	587,655	536,107	579,193	546,821	547,419	561,109	549,546	546,804	531,112
Total stockholders’ equity	US$ in thousands	-149,938	-105,872	-89,705	-24,469	24,793	-82,809	7,262	84,570	171,421	159,171	191,424	202,643	282,675	443,067	450,093	306,397	420,780	438,301	504,086	561,750
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%

December 31, 2023 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $788,778K ÷ $-149,938K
= —

Looking at the return on equity (ROE) figures for Mettler-Toledo International, Inc. based on the provided data, it's evident that there has been significant variability in ROE performance over the quarters analyzed. In Q1 2022, the ROE stood at 938.07%, which represents a strong return generated by the company relative to its shareholder equity during that period.

Interestingly, the ROE surged to an exceptionally high level of 11,300.33% in Q2 2022, indicating a substantial increase in profitability and efficiency in generating returns on shareholder equity.

However, the ROE figures for the subsequent quarters in 2022 and 2023 are not provided, except for Q4 2022, which was at 3,519.15%.

The trend observed in the ROE figures highlights significant fluctuations, with some quarters exhibiting exceptional performance while others lack data for comparison. Further analysis, including industry benchmarks and trend analysis, would be necessary to fully comprehend the factors driving these fluctuations and the company's overall ROE performance.