Mettler-Toledo International Inc (MTD)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 1,111,854 | 1,031,668 | 1,025,554 | 1,046,079 | 1,051,094 | 1,140,702 | 1,159,634 | 1,146,439 | 1,125,984 | 1,024,812 | 993,821 | 965,187 | 935,733 | 907,139 | 862,880 | 786,894 | 720,727 | 749,452 | 713,492 | 712,753 |
| Long-term debt | US$ in thousands | 1,831,260 | 1,891,660 | 1,746,640 | 1,903,570 | 1,888,620 | 1,929,400 | 2,045,460 | 2,015,780 | 1,908,480 | 1,825,250 | 1,821,460 | 1,766,830 | 1,580,810 | 1,639,580 | 1,602,000 | 1,561,050 | 1,284,170 | 1,169,140 | 1,146,590 | 1,513,020 |
| Total stockholders’ equity | US$ in thousands | -126,890 | -154,353 | -152,762 | -158,717 | -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 |
| Return on total capital | 65.24% | 59.38% | 64.34% | 59.95% | 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% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $1,111,854K ÷ ($1,831,260K + $-126,890K)
= 65.24%
Mettler-Toledo International Inc's return on total capital has shown a positive trend over the period from March 31, 2020, to December 31, 2024. The return on total capital increased from 39.17% in March 2020 to 65.24% in December 2024. This indicates that the company has been utilizing its total capital more efficiently to generate profits over time.
The company experienced fluctuations in the return on total capital during the period, with some quarters showing higher returns compared to others. The highest return was recorded in September 30, 2023, at 62.55%, followed closely by June 30, 2024, at 64.34%. The lowest return was observed in March 31, 2023, at 57.57%.
Overall, the increasing trend in return on total capital reflects the company's ability to generate higher profits relative to its total capital investment. This suggests that Mettler-Toledo International Inc has been effective in deploying its resources to create shareholder value and improve financial performance.
Peer comparison
Dec 31, 2024