Mettler Toledo (MTD) stock
Health Care · Life Sciences Tools & Services
Mettler Toledo (MTD) is a Life Sciences Tools & Services company in the Health Care sector, headquartered in Columbus, Ohio. As of October 23, 2026, MTD closed at $1,670.29, a market capitalization of $33.47 billion, the 306th largest company in the S&P 500. Over the last twelve months it generated $4.13 billion in revenue (+4% year over year) and $863.97 million in free cash flow. The stock trades at 37.6x trailing earnings and 32.3x forward earnings.
- 1-year total return: +16.2% (dividends reinvested)
- 5-year return: +2.6% a year
- 52-week range: $1,023.05 – $1,713.39
- Gross margin 60.3%, operating margin 31.2%
- FI Handbook report card: C+ across 9 metrics
- 40th largest of 60 Health Care stocks in the S&P 500
MTD price chart
1Y price change: +16.2% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| MTD | +11.9% | +19.8% | +16.2% | +18.3% | +2.6% | +15.2% | +17.7% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1997.
MTD key statistics
- Market cap
- $33.5B
- #306 in S&P 500
- P/E (TTM)
- 37.6x
- Forward P/E
- 32.3x
- EPS (TTM)
- $44.37
- Revenue (TTM)
- $4.1B
- +5%
- Free cash flow
- $864.0M
- Gross margin
- 60.3%
- Operating margin
- 31.2%
- Return on equity
- —
- Dividend yield
- None
- 52-week range
- $1,023 – $1,713
- Beta
- 1.19
- Price / sales
- 8.1x
- EV / EBITDA
- 27.9x
- Debt / equity
- 166.68x
- Employees
- 16,600
MTD report card
C+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth4.5%D
- Gross margin60.3%A
- Operating margin31.2%A
- FCF margin20.9%B
- Return on equity——
- Net debt / EBITDA1.6xC
- Forward P/E32.3xD
- PEG ratio2.8xD
- Shareholder yield2.4%C
- Share count change / yr-3.1%A
Mettler-Toledo International, I financials
Revenue went from $2.5B in fiscal 2016 to $4.0B in fiscal 2025, growing 5.4% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.5B | $2.7B | $2.9B | $3.0B | $3.1B | $3.7B | $3.9B | $3.8B | $3.9B | $4.0B |
| Gross profit | $1.4B | $1.6B | $1.7B | $1.7B | $1.8B | $2.2B | $2.3B | $2.2B | $2.3B | $2.4B |
| Net income | $384.4M | $376.0M | $512.6M | $561.1M | $602.7M | $769.0M | $872.5M | $788.8M | $863.1M | $869.2M |
| EPS (diluted) | $14.22 | $14.24 | $19.88 | $22.47 | $24.91 | $32.78 | $38.41 | $35.90 | $40.48 | $42.05 |
| Free cash flow | $336.8M | $388.9M | $422.3M | $506.1M | $632.2M | $801.2M | $737.8M | $860.6M | $864.4M | $848.6M |
| Buybacks | $500.0M | $400.0M | $475.0M | $775.0M | $775.0M | $1000.0M | $1.1B | $900.0M | $850.0M | $800.0M |
| Diluted shares | 27.0M | 26.4M | 25.8M | 25.0M | 24.2M | 23.5M | 22.7M | 22.0M | 21.3M | 20.7M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into MTD?
A reverse DCF asks what growth the current price requires. With an enterprise value of $35.6B and $864.0M of trailing free cash flow, Mettler-Toledo International, I needs to grow free cash flow about 29.2% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 6.1% a year over the last five years.
P/E ratio history
Current 39.7x vs. median 32.2x (10th–90th percentile 21.9x–44.8x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
MTD analyst price targets
12 analysts' average 12-month target is $1,526 (-9% vs. $1,670). Targets range from $1,200 to $1,700. 38% rate it a buy.
MTD earnings
Next report: November 5, 2026. Mettler-Toledo International, I has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $1.0B (+4% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 30, 2026 | $10.80 | $11.46 | +6.1% |
| May 7, 2026 | $8.71 | $8.91 | +2.3% |
| Feb 5, 2026 | $12.81 | $13.36 | +4.3% |
| Nov 6, 2025 | $10.66 | $11.15 | +4.6% |
| Jul 31, 2025 | $9.60 | $10.09 | +5.1% |
| May 1, 2025 | $7.88 | $8.19 | +3.9% |
| Feb 6, 2025 | $11.72 | $12.41 | +5.8% |
| Nov 7, 2024 | $10.01 | $10.21 | +1.9% |
Stocks like MTD
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 TMO Thermo Fisher Scientific | -0.40% | +18% | $249.1B | 35.5x | Compare |
 DHR Danaher | +0.33% | +4% | $162.0B | 38.2x | Compare |
 A Agilent Technologies | -0.47% | +18% | $48.8B | 34.1x | Compare |
 IQV IQVIA | +0.37% | +27% | $46.0B | 34.7x | Compare |
 WAT Waters | -0.42% | +28% | $44.5B | 114.9x | Compare |
 ILMN Illumina | +0.01% | +170% | $40.7B | 50.3x | Compare |
 CRL Charles River Laboratories Inte | +1.68% | +81% | $16.6B | — | Compare |
 TECH Bio-Techne | -0.10% | +10% | $11.4B | 62.5x | Compare |
MTD news
- Why Mettler-Toledo International (MTD) Is Drawing Fresh Attention · Oct 23, 2026
- Will Mettler-Toledo (MTD) Beat Estimates Again in Its Next Earnings Report? · Oct 22, 2026
- 1 Safe-and-Steady Stock to Target This Week and 2 Facing Challenges · Oct 16, 2026
- Mettler-Toledo International Inc. to Host Investor Meeting · Oct 12, 2026
- Mettler-Toledo (MTD) Upgraded to Buy: What Does It Mean for the Stock? · Oct 12, 2026
MTD stock FAQ
What is MTD's market cap?
Mettler Toledo's market capitalization is $33.47 billion as of October 23, 2026, ranking 306th in the S&P 500.
What is MTD's P/E ratio?
MTD trades at a trailing price-to-earnings ratio of 37.6x and a forward P/E of 32.3x. Its median P/E over the period we track is 32.2x.
Does MTD pay a dividend?
No. Mettler Toledo does not currently pay a regular cash dividend.
How much has MTD stock returned?
Including reinvested dividends, MTD returned +16.2% over one year, +2.6% a year over five years, +15.2% a year over ten years through October 23, 2026.
Is MTD stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Mettler Toledo must grow free cash flow about 29% a year for the next decade. Its free cash flow grew 6% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the MTD price target?
12 analysts cover MTD with an average 12-month price target of $1,525.67, -9% from the current price. 38% of them rate it a buy.
When does MTD report earnings?
Mettler Toledo is expected to report earnings on November 5, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does Mettler Toledo have?
Mettler Toledo has about 16,600 full-time employees, or $249,029 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology