Mettler-Toledo International Inc chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 174.27
Dividend & YieldN/A$ (N/A)
Beta 1.18
Market capitalization 33.35B
Operating cash flow 859.07M
ESG Scores 13.3

Company description

Mettler-Toledo International Inc. manufactures and supplies precision instruments and services in the United States and internationally. It operates through five segments: U.S. Operations, Swiss Operations, Western European Operations, Chinese Operations, and Other. The company's laboratory instruments include laboratory balances, liquid pipetting solutions, automated laboratory reactors, titrators, pH meters, process analytics sensors and analyzer technologies, physical value analyzers, density and refractometry, thermal analysis systems, and other analytical instruments; and LabX, a laboratory software platform to manage and analyze data generated from its instruments. Its industrial instruments comprise industrial weighing instruments and related terminals, automatic dimensional measurement and data capture solutions, vehicle scale systems, industrial software, metal detection equipment, x-ray systems, check weighing equipment, camera-based imaging equipment, track-and-trace solutions, and product inspection systems. The company's retail weighing solutions consist of networked scales and software, stand-alone scales, and automated packaging and labelling solutions for handling fresh goods. It serves the life science industry, independent research organizations, and testing labs; food and beverage manufacturers; food retailers; chemical, specialty chemical, and cosmetics companies; food retailers; transportation and logistics, metals, and electronics industries; and the academic community through its direct sales force and indirect distribution channels. The company was incorporated in 1991 and is based in Columbus, Ohio.

Sector: Healthcare - Industry: Diagnostics & Research

Financial Ratios
Quick Ratio0.75
Working Capital6.26
Return On Equity4.49
Debt To Equity9.22
Fixed Asset Ratio0.14
Fixed Interest Cover23.27

Financial data

Financial Statements

Cashflow Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Change To Liabilities -12.22M -17.8M 93.97M -13.83M
Total Cashflows From Investing Activities -99.08M -100.36M -314.11M -139.4M
Net Borrowings 258.3M 5.17M 391.97M 359.86M
Total Cash From Financing Activities -477.37M -743.91M -590.55M -716.04M
Change To Operating Activities -5.72M 31.83M 75.92M -87.86M
Issuance Of Stock 47.58M 26.72M 20.46M 33.22M
Net Income 561.11M 602.74M 768.99M 872.5M
Change In Cash 29.68M -113.53M 4.31M -2.6M
Effect Of Exchange Rate 2.68M 6.04M 142k -6.23M
Total Cash From Operating Activities 603.45M 724.7M 908.83M 859.07M
Depreciation 54.28M 58.01M 67.66M 73.42M
Change To Account Receivables -31.41M -4.5M -66.47M -83.42M
Other Cashflows From Financing Activities -8.25M -800k -2.99M -9.12M
Change To Netincome 13.79M 3.5M 27.39M 46.18M
Capital Expenditures -97.34M -92.49M -107.58M -121.24M

Income Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Research Development 143.95M 140.1M 169.77M 177.12M
Income Before Tax 681.39M 748.74M 949.36M 1.07B
Net Income 561.11M 602.74M 768.99M 872.5M
Selling General Administrative 814.38M 808.02M 932.58M 921.56M
Gross Profit 1.74B 1.8B 2.17B 2.31B
Ebit 733.19M 796.24M 1.01B 1.14B
Operating Income 733.19M 796.24M 1.01B 1.14B
Interest Expense -37.41M -38.62M -43.24M -55.39M
Income Tax Expense 120.28M 146M 180.38M 198.09M
Total Revenue 3.01B 3.09B 3.72B 3.92B
Cost Of Revenue 1.27B 1.28B 1.55B 1.61B
Total Other Income ExpenseNet -51.79M -47.5M -56.77M -72.53M
Net Income From Continuing Ops 561.11M 602.74M 768.99M 872.5M
Net Income Applicable To Common Shares 561.11M 602.74M 768.99M 872.5M

Balance Sheet Statement 2019-12-31 2020-12-31 2021-12-31 2022-12-31
Total Liabilities 2.37B 2.53B 3.16B 3.47B
Total Stockholder Equity 420.78M 282.68M 171.42M 24.79M
Other Current Liabilities 200.62M 252.62M 331.93M 389.28M
Total Assets 2.79B 2.81B 3.33B 3.49B
Common Stock 448k 448k 448k 448k
Other Current Assets 61.32M 71.23M 108.92M 128.11M
Retained Earnings 4.5B 5.1B 5.86B 6.73B
Treasury Stock -4.86B -5.62B -6.51B -7.55B
Cash 207.78M 94.25M 98.56M 95.97M
Total Current Liabilities 754.51M 840.33M 1.15B 1.15B
Other Stockholder Equity -323.67M -334.93M -255.22M -227.23M
Property, Plant, and Equipment 835.97M 897.49M 917.86M 892.92M
Total Current Assets 1.11B 1.06B 1.27B 1.38B
Net Tangible Assets -321.44M -464.38M -784.65M -941.43M
Net Receivables 566.26M 593.81M 647.34M 709.32M
Accounts Payable 185.59M 175.8M 272.91M 252.54M


Insider Transactions

Here are the insider transactions of stock shares related to Mettler-Toledo International Inc:

Filer Name Transaction Text Ownership Date Filer Relation Shares
FILLIOL OLIVIER A.Sale at price 1456.48 - 1467.74 per share.D2023-02-23Director3.06k
FILLIOL OLIVIER A.Conversion of Exercise of derivative security at price 263.62 per share.D2023-02-23Director3.06k
FILLIOL OLIVIER A.Sale at price 1453.41 - 1483.19 per share.D2023-02-22Director4.63k
SPOERRY ROBERT FSale at price 1550.00 - 1565.00 per share.D2023-02-14Director2k
SPOERRY ROBERT FConversion of Exercise of derivative security at price 263.62 per share.D2023-02-14Director2k
FILLIOL OLIVIER A.Sale at price 1535.89 - 1554.59 per share.D2023-02-14Director10k
FILLIOL OLIVIER A.Conversion of Exercise of derivative security at price 263.62 per share.D2023-02-14Director10k
MAGLOTH CHRISTIANSale at price 1538.89 - 1542.53 per share.D2023-02-14Officer1.2k
MAGLOTH CHRISTIANConversion of Exercise of derivative security at price 263.62 - 312.36 per share.D2023-02-14Officer1.2k
VADALA SHAWN P.Sale at price 1550.33 - 1551.02 per share.D2023-02-13Chief Financial Officer1.89k
VADALA SHAWN P.Conversion of Exercise of derivative security at price 263.62 - 312.36 per share.D2023-02-13Chief Financial Officer900
AGGERSBJERG PETERSale at price 1515.26 per share.D2023-02-13Officer648
KELLER GERRYSale at price 1537.82 - 1542.02 per share.D2023-02-13Officer474
KELLER GERRYConversion of Exercise of derivative security at price 595.31 - 671.60 per share.D2023-02-13Officer474
FILLIOL OLIVIER A.Stock Award(Grant) at price 0.00 per share.D2022-12-20Director4.63k
MAGLOTH CHRISTIANStock Award(Grant) at price 0.00 per share.D2022-12-20Officer292
VADALA SHAWN P.Stock Award(Grant) at price 0.00 per share.D2022-12-20Chief Financial Officer992
AGGERSBJERG PETERStock Award(Grant) at price 0.00 per share.D2022-12-20Officer648
KELLER GERRYStock Award(Grant) at price 0.00 per share.D2022-12-20Officer394
DE LA GUÉRONNIÈRE MARCStock Award(Grant) at price 0.00 per share.D2022-12-20Officer876
WONG ANN PING RICHARDStock Award(Grant) at price 0.00 per share.D2022-12-20Officer380
FILLIOL OLIVIER A.Sale at price 1482.01 - 1498.85 per share.D2022-12-01Director6.45k
FILLIOL OLIVIER A.Conversion of Exercise of derivative security at price 263.62 per share.D2022-12-01Director6.45k
FILLIOL OLIVIER A.Sale at price 1415.49 - 1435.04 per share.D2022-11-29Director10.25k
FILLIOL OLIVIER A.Conversion of Exercise of derivative security at price 263.62 per share.D2022-11-29Director10.25k
DE LA GUÉRONNIÈRE MARCSale at price 1397.54 - 1398.03 per share.D2022-11-21Officer2.1k
DE LA GUÉRONNIÈRE MARCConversion of Exercise of derivative security at price 397.95 per share.D2022-11-21Officer1.17k
FILLIOL OLIVIER A.Sale at price 1395.31 - 1454.34 per share.D2022-11-16Director13.3k
FILLIOL OLIVIER A.Conversion of Exercise of derivative security at price 263.62 per share.D2022-11-16Director13.3k
FINNEY ELISHA WSale at price 1482.22 - 1486.51 per share.D2022-11-14Director225
FINNEY ELISHA WConversion of Exercise of derivative security at price 671.60 per share.D2022-11-14Director225
CHU WAH HUISale at price 1398.94 per share.D2022-11-10Director584
CHU WAH HUIConversion of Exercise of derivative security at price 244.99 per share.D2022-11-10Director584
VADALA SHAWN P.Sale at price 1420.16 - 1450.00 per share.D2022-11-10Chief Financial Officer800
VADALA SHAWN P.Conversion of Exercise of derivative security at price 263.62 - 312.36 per share.D2022-11-10Chief Financial Officer800
AGGERSBJERG PETERSale at price 1411.62 - 1416.03 per share.D2022-11-10Officer2.51k
AGGERSBJERG PETERConversion of Exercise of derivative security at price 595.31 - 1103.74 per share.D2022-11-10Officer2.51k
SPOERRY ROBERT FSale at price 1300.00 - 1335.00 per share.D2022-11-08Director3k
SPOERRY ROBERT FConversion of Exercise of derivative security at price 244.99 per share.D2022-11-08Director3k
KELLY MICHAEL ASale at price 1354.92 - 1357.65 per share.D2022-11-08Director1.48k
KELLY MICHAEL AConversion of Exercise of derivative security at price 244.99 per share.D2022-11-08Director1.48k
MAGLOTH CHRISTIANSale at price 1331.74 - 1334.02 per share.D2022-11-08Officer1.27k
MAGLOTH CHRISTIANConversion of Exercise of derivative security at price 263.62 per share.D2022-11-08Officer1.27k
VADALA SHAWN P.Sale at price 1299.43 - 1300.12 per share.D2022-11-07Chief Financial Officer880
VADALA SHAWN P.Conversion of Exercise of derivative security at price 244.99 - 263.62 per share.D2022-11-07Chief Financial Officer880
SALICE THOMAS PStock Award(Grant) at price 0.00 per share.D2022-11-03Director82
SPOERRY ROBERT FStock Award(Grant) at price 0.00 per share.D2022-11-03Director136
FINNEY ELISHA WStock Award(Grant) at price 0.00 per share.D2022-11-03Director41
FILLIOL OLIVIER A.Stock Award(Grant) at price 0.00 per share.D2022-11-03Director41
KELLY MICHAEL AStock Award(Grant) at price 0.00 per share.D2022-11-03Director41
FRANCIS RICHARD DStock Award(Grant) at price 0.00 per share.D2022-11-03Director41

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Mettler-Toledo International Inc. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Mettler-Toledo International Inc

Here is the result of two systematic investment strategies applied to Mettler-Toledo International Inc. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Mettler-Toledo International Inc

The following chart shows the equity curve of the two systematic investment strategies applied to Mettler-Toledo International Inc:

Mettler-Toledo International Inc automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 76.09% on the backtest period.

Performance at glance

Performance

76.09 %

Latent gain

6054.55 $

Invested capital

7957.01 $

Annualized return

18.38 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on Mettler-Toledo International Inc

This is the result of two momentum investment strategies applied to Mettler-Toledo International Inc. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Mettler-Toledo International Inc

The following chart shows all the entries opened by the momentum investment system on Mettler-Toledo International Inc:

Mettler-Toledo International Inc momentum entries
  • The first momentum investment strategy would give 126.96% of return on Mettler-Toledo International Inc. That represents 12192.56$ of latent gain with 9603.2$ of employed capital.
  • The second momentum investment strategy would give 134.97% of return on Mettler-Toledo International Inc. That represents 8048.38$ of latent gain with 5963.18$ of employed capital.
Performance at glance (1Q Momentum)

Performance

126.96 %

Latent gain

12192.56 $

Invested capital

9603.2 $

Annualized return

36.5 %
Performance at glance (2Q Momentum)

Performance

134.97 %

Latent gain

8048.38 $

Invested capital

5963.18 $

Annualized return

36.88 %

Momentum equity curve on Mettler-Toledo International Inc

The following chart shows the equity curve of the two momentum strategies applied to Mettler-Toledo International Inc:

Mettler-Toledo International Inc momentum equity

Note: the dividends potentially given by Mettler-Toledo International Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Mettler-Toledo International Inc

The following chart shows the employed capital evolution of the two momentum strategies on Mettler-Toledo International Inc since the beginning:

Mettler-Toledo International Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on Mettler-Toledo International Inc

Buy the dip entry openings on Mettler-Toledo International Inc

Mettler-Toledo International Inc

The performance achieved by the robo-advisor on Mettler-Toledo International Inc is 78.11%. That represents 5462.13$ of latent gain with 6992.59$ of employed capital. The following chart shows Mettler-Toledo International Inc stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Mettler-Toledo International Inc, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

78.11 %

Latent gain

5462.13 $

Invested capital

6992.59 $

Annualized return

36.5 %

Equity curve of the strategy applied to Mettler-Toledo International Inc

The following chart shows the result of the investment strategy applied to Mettler-Toledo International Inc:

Mettler-Toledo International Inc

Note: the dividends potentially given by Mettler-Toledo International Inc are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Mettler-Toledo International Inc

The following chart shows the employed capital evolution since the beginning of the investment strategy on Mettler-Toledo International Inc:

Mettler-Toledo International Inc

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Mettler-Toledo International Inc

In this section, I will compare the three previous investment strategies applied to Mettler-Toledo International Inc.

Equity curve comparison on Mettler-Toledo International Inc

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Mettler-Toledo International Inc investment strategy comparison

Employed capital comparison on Mettler-Toledo International Inc

Mettler-Toledo International Inc investment comparison

Performance comparison on Mettler-Toledo International Inc

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 76.09% 6054.55$ 7957.01$ 18.38%
Momentum 1 quarter 126.96% 12192.56$ 9603.2$ 32.55%
Momentum 2 quarters 134.97% 8048.38$ 5963.18$ 36.88%
Non-directional 78.11% 5462.13$ 6992.59$ 36.5%
Annualized return comparison

Automatic investment

18.38 %

Momentum 1Q

36.88 %

Momentum 2Q

36.88 %

Non-directional

36.5 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Mettler-Toledo International Inc:

Positive correlations

Most correlated stocks this year

  • Mettler-Toledo International Inc

  • Most correlated stocks last 3 months

  • Stanley Black & Decker Inc - Unit
  • Forrester Research Inc
  • First Bancorp Inc (ME)
  • WYNNSTAY GROUP PLC ORD 25P
  • L.B. Foster Co. - Class A
  • Diamond Hill Investment Group Inc - Class A
  • Resolute Forest Products Inc
  • Universal Insurance Holdings Inc
  • Tupperware Brands Corporation
  • WestRock Company
  • Standard Motor Products Inc
  • Arrow Financial Corp
  • Luther Burbank Corp
  • Insteel Industries Inc
  • Matthews International Corp - Class A
  • Stanley Black & Decker Inc
  • First Foundation Inc
  • Verizon Communications Inc
  • Freeport-McMoRan Inc
  • Crocs Inc
  • Oppenheimer Holdings Inc - Class A
  • Topgolf Callaway Brands Corp
  • Core Laboratories N.V.
  • Global X SuperDividend ETF
  • Universal Stainless & Alloy Products Inc
  • Snap-on Inc
  • INVESCO INTERNATIONAL BUYBACK ACHIEVERS ETF
  • UMH Properties Inc
  • IShares MSCI Emerging Markets ex China ETF
  • Capri Holdings Ltd
  • Hasbro Inc
  • iShares MSCI Ireland ETF
  • Franklin Electric Co. Inc
  • Universal Corp
  • Curtiss-Wright Corp
  • WEIR GROUP PLC ORD 12.5P
  • Lincoln Electric Holdings Inc
  • Autoliv Inc
  • LyondellBasell Industries NV - Class A
  • Emerson Electric Company
  • JELD-WEN Holding Inc
  • Encore Wire Corp
  • DXP Enterprises Inc
  • First Bancorp PR
  • Forward Air Corp
  • Mosaic Company
  • Mueller Industries Inc
  • Invesco S&P SmallCap Materials ETF
  • Invesco S&P 500 Equal Weight Materials ETF
  • Invesco S&P SmallCap 600 Pure Value ETF
  • Scansource Inc
  • ITT Inc
  • Robert Half International Inc
  • Avient Corp
  • Whirlpool Corp
  • J.B. Hunt Transport Services Inc
  • MACOM Technology Solutions Holdings Inc
  • Paccar Inc
  • TE Connectivity Ltd
  • Donaldson Co. Inc
  • Oxford Industries Inc
  • Sensient Technologies Corp
  • Sierra Bancorp
  • Trico Bancshares
  • O-I Glass Inc
  • Ingevity Corp
  • Invesco S&P SmallCap Information Technology ETF
  • Kaman Corp
  • PPG Industries Inc
  • Flowserve Corp
  • VICTORYSHARES INTERNATIONAL HIGH DIV VOLATILITY WT
  • First Trust RiverFront Dynamic Developed Internati
  • Vanguard International High Dividend Yield ETF
  • VICTORYSHARES INTERNATIONAL VOLATILITY WTD ETF
  • Schwab International Equity ETF
  • SPDR Portfolio Developed World ex-US ETF
  • Crane Holdings Company
  • AGCO Corp
  • Marriott International Inc - Class A
  • Sonoco Products Company
  • iShares Trust iShares ESG Aware MSCI EAFE ETF
  • Vishay Precision Group Inc
  • Barrett Business Services Inc
  • Summit Materials Inc - Class A
  • Clearfield Inc
  • Minerals Technologies Inc
  • American Vanguard Corp
  • Trimas Corporation
  • Innospec Inc
  • Myers Industries Inc
  • Acuity Brands Inc
  • Miller Industries Inc
  • Canadian National Railway Company
  • Hibbett Inc
  • Fortive Corp
  • Genpact Ltd
  • Arlo Technologies Inc
  • ISHARES INDIA 50 ETF
  • Woori Financial Group Inc
  • Shinhan Financial Group Co. Ltd
  • DZS Inc
  • iMedia Brands Inc - Class A
  • Rush Enterprises Inc - Class A
  • Rush Enterprises Inc - Class B
  • JAGUAR MINING INC
  • H.B. Fuller Company
  • CRH Plc
  • H&E Equipment Services Inc
  • Fabrinet
  • Gap Inc
  • Invesco RAFI Strategic Developed ex-US ETF
  • Rigel Pharmaceuticals
  • Pediatrix Medical Group Inc
  • Liberty TripAdvisor Holdings Inc - Series A
  • Almaden Minerals Ltd
  • Equitrans Midstream Corporation
  • Graham Holdings Co. - Class B
  • POSCO Holdings Inc
  • Valvoline Inc
  • Deere & Company
  • Radware
  • CGI Inc - Class A
  • Titan Machinery Inc
  • Maximus Inc
  • 3M Company
  • Leggett & Platt Inc
  • Union Pacific Corp
  • Armada Hoffler Properties Inc
  • Cactus Inc - Class A
  • Hudbay Minerals Inc
  • Mettler-Toledo International Inc

  • Negative correlation

    Most negatively correlated stocks this year


    Most negatively correlated stocks last 3 months


    Note: The algorithm computes the probability of correlation between Mettler-Toledo International Inc and the other stocks. There may be false positives or some missing correlated stocks. If the price of Mettler-Toledo International Inc does not vary for 36 weeks, the correlation calculation result will be wrong.


    Company information

    Company name Mettler-Toledo International Inc
    Country United States
    City Columbus
    Address 1900 Polaris Parkway
    Phone 614 438 4511
    Website www.mt.com
    FullTime employees 16400
    Industry Diagnostics & Research
    Sector Healthcare
    Exchange XNYS
    Ticker MTD
    Market www.nyse.com

    Mettler-Toledo International Inc ESG Scores

    Environment scores

    Environment ESG Factors Scores
    Environment Score 1.0
    Peer Environment Performance 2.3019607843137
    Environment Percentile unknown
    Palm Oil no
    Nuclear no
    Fur Leather no
    GMO no
    Coal no
    Pesticides no
    Animal Testing no

    Social scores

    Social ESG Factors Scores
    Social Score 7.4
    Peer Social Performance 14.802549019608
    Social Percentile unknown
    Highest Controversy 0
    Peer Highest Controversy Performance 1.4230769230769
    Adult no
    Gambling no
    Alcoholic no
    Tobacco no
    Catholic no
    Controversial Weapons no
    Small Arms no
    Military Contract no
    Peer Count yes

    Related Controversy:


    Governance scores

    Governance ESG Factors Scores
    Governance Score 4.9
    Peer Governance Performance 8.8572549019608
    Governance Percentile unknown

    ESG at glance
    Total ESG Scores: 13.3
    Environment Score: 1.0
    Social Score: 7.4
    Governance Score: 4.9

    ESG Performance: UNDER_PERF

    Peer Group: Pharmaceuticals

    Peer Esg Score Performance: 26.197692307692

    Rating Year: 2023

    Rating Month: 1

    Max Age: 86400

    Percentile: 7