Mettler-Toledo International Inc. (MTD) financial statements: income statement, balance sheet and cash flow

Mettler-Toledo International Inc.'s income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Mettler-Toledo International Inc. reported revenue of $4.0B (+4.0% year on year) and net income of $869.2M (+0.7% year on year).

Income statement

Mettler-Toledo International Inc. income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Revenues	$4.0B	$3.9B	$3.8B	$3.9B
Cost of Sales	$1.6B	$1.5B	$1.5B	$1.6B
Gross profit	$2.4B	$2.3B	$2.2B	$2.3B
Research and development	$199.4M	$189.4M	$185.3M	$177.1M
Selling, general and administrative	$998.3M	$936.3M	$904.1M	$938.5M
Amortization	$74.5M	$72.9M	$72.2M	$66.2M
Interest Expense	$68.5M	$74.6M	$77.4M	$55.4M
Restructuring Charges	$17.9M	$19.8M	$32.7M	$9.6M
Other Charges (Income), Net	($16.8M)	($4.6M)	($4.1M)	($9.3M)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest	($1.0B)	($1.0B)	($973.7M)	($1.1B)
Provision for taxes	$179.7M	$174.1M	$184.9M	$198.1M
Net earnings	$869.2M	$863.1M	$788.8M	$872.5M
Net earnings	$42.17	$40.67	$36.10	$38.79
Weighted average number of common shares	20.6M	21.2M	21.8M	22.5M
Net earnings	$42.05	$40.48	$35.90	$38.41
Weighted average number of common and common equivalent shares	20.7M	21.3M	22.0M	22.7M

Mettler-Toledo International Inc. income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Revenues	$1.0B	$947.1M	$1.0B	$983.2M
Cost of Product and Service Sold	$377.1M	$391.3M	$420.2M	$403.3M
Gross profit	$650.2M	$555.8M	$609.5M	$579.9M
Research and development	$53.0M	$51.3M	$51.1M	$49.3M
Selling, general and administrative	$263.3M	$258.3M	$248.4M	$247.3M
Amortization	$19.4M	$19.6M	$20.0M	$17.6M
Interest expense	$17.2M	$17.0M	$17.7M	$16.8M
Restructuring Charges	$5.5M	$7.3M	$6.0M	$3.6M
Other charges (income), net	$2.4M	($7.3M)	($3.0M)	($3.3M)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest, Total	$289.4M	$209.7M	$269.2M	$248.7M
Provision for taxes	$56.5M	$40.2M	$51.7M	$46.3M
Net earnings	$232.9M	$169.5M	$217.5M	$202.3M
Net earnings	$11.57	$8.35	$10.60	$9.78
Weighted average number of common shares	20.1M	20.3M	20.5M	20.7M
Net earnings	$11.55	$8.33	$10.57	$9.76
Weighted average number of common and common equivalent shares	20.2M	20.3M	20.6M	20.7M
Comprehensive Income, Net of Tax (Note 9)	$256.8M	$184.0M	$223.2M	$131.8M

Balance sheet

Mettler-Toledo International Inc. balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$66.9M	$59.4M	$69.8M	$96.0M
Trade accounts receivable, less allowances of $17,009 in 2019 and $15,469 in 2018	$778.2M	$687.1M	$663.9M	$709.3M
Inventories	$387.2M	$342.3M	$385.9M	$441.7M
Other current assets and prepaid expenses	$130.3M	$105.2M	$110.6M	$128.1M
Total current assets	$1.4B	$1.2B	$1.2B	$1.4B
Property, plant and equipment, Net	$845.6M	$770.3M	$803.4M	$778.6M
Goodwill	$739.2M	$668.9M	$670.1M	$660.2M
Other intangible assets, net	$278.9M	$257.1M	$285.4M	$306.1M
Deferred tax assets, net	$41.4M	$34.6M	$31.2M	$27.1M
Other non-current assets	$444.8M	$315.2M	$335.2M	$345.4M
Total assets	$3.7B	$3.2B	$3.4B	$3.5B
Trade accounts payable	$266.6M	$215.8M	$210.4M	$252.5M
Accrued and other liabilities	$237.5M	$187.7M	$196.1M	$205.3M
Accrued compensation and related items	$199.5M	$184.5M	$160.3M	$200.0M
Contract with Customer, Liability	$229.4M	$204.2M	$202.0M	$192.8M
Taxes payable	$201.2M	$193.3M	$220.0M	$191.1M
Short-term borrowings and current maturities of long-term debt	$63.9M	$182.6M	$192.2M	$106.1M
Total current liabilities	$1.2B	$1.2B	$1.2B	$1.1B
Long-term debt	$2.1B	$1.8B	$1.9B	$1.9B
Non-current deferred tax liabilities	$151.8M	$104.0M	$108.7M	$111.4M
Other non-current liabilities	$298.1M	$263.5M	$327.1M	$300.0M
Total liabilities	$3.7B	$3.4B	$3.5B	$3.5B
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares	$0.00	$0.00	$0.00	$0.00
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares, outstanding 24,125,317 and 24,921,963 shares at December 31, 2018 and 2017, respectively	$448000.00	$448000.00	$448000.00	$448000.00
Additional paid-in capital	$936.3M	$897.0M	$871.1M	$850.4M
Treasury stock at cost (20,660,694 and 19,864,048 shares at December 31, 2019 and 2018, respectively)	-9.8B	-9.0B	-8.2B	-7.3B
Retained earnings	$9.2B	$8.4B	$7.5B	$6.7B
Accumulated Other Comprehensive Income (Loss), Net of Tax	($359.2M)	($345.9M)	($319.8M)	($227.2M)
Total shareholders’ equity	($23.6M)	($126.9M)	($149.9M)	$24.8M
Total liabilities and shareholders’ equity	$3.7B	$3.2B	$3.4B	$3.5B

Mettler-Toledo International Inc. balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$51.4M	$60.6M	$69.1M	$61.8M
Trade accounts receivable, less allowances	$731.5M	$708.2M	$687.3M	$681.6M
Inventories	$411.6M	$404.8M	$401.8M	$388.1M
Other current assets and prepaid expenses	$153.0M	$158.3M	$123.1M	$113.0M
Total current assets	$1.3B	$1.3B	$1.3B	$1.2B
Property, plant and equipment, net	$831.9M	$830.3M	$817.7M	$817.4M
Goodwill	$735.2M	$736.9M	$731.2M	$684.1M
Other intangible assets, net	$266.3M	$273.8M	$278.4M	$253.5M
Deferred tax assets, net	$41.3M	$41.9M	$36.2M	$37.1M
Other non-current assets	$448.9M	$454.2M	$376.8M	$363.8M
Total assets	$3.7B	$3.7B	$3.5B	$3.4B
Trade accounts payable	$229.8M	$228.7M	$247.4M	$216.2M
Accrued and other liabilities	$285.5M	$234.5M	$194.9M	$189.0M
Accrued compensation and related items	$171.9M	$155.6M	$184.6M	$159.3M
Deferred Revenue	$257.5M	$261.0M	$234.3M	$243.8M
Taxes payable	$188.5M	$161.5M	$267.4M	$238.4M
Short-term borrowings and current maturities of long-term debt	$67.3M	$67.0M	$63.6M	$60.2M
Total current liabilities	$1.2B	$1.1B	$1.2B	$1.1B
Long-term debt	$2.0B	$2.2B	$2.1B	$2.1B
Deferred tax liabilities, net	$145.5M	$147.4M	$108.0M	$115.1M
Other non-current liabilities	$267.4M	$293.5M	$324.3M	$313.5M
Total liabilities	$3.7B	$3.7B	$3.8B	$3.7B
Preferred stock, $0.01 par value per share; authorized 10,000,000 shares	$0.00	$0.00	$0.00	$0.00
Common stock, $0.01 par value per share; authorized 125,000,000 shares; issued 44,786,011 and 44,786,011 shares; outstanding 23,794,563 and 24,125,317 shares at September 30, 2020 and December 31, 2019, respectively	$448000.00	$448000.00	$448000.00	$448000.00
Additional paid-in capital	$947.9M	$942.0M	$917.2M	$911.1M
Treasury stock at cost (20,991,448 shares at September 30, 2020 and 20,660,694 shares at December 31, 2019)	-10.3B	-10.0B	-9.7B	-9.5B
Retained earnings	$9.6B	$9.4B	$9.0B	$8.7B
Accumulated other comprehensive loss	($320.7M)	($344.6M)	($415.9M)	($421.6M)
Total shareholders' equity	$12.8M	($41.9M)	($249.2M)	($258.8M)
Total liabilities and shareholders' equity	$3.7B	$3.7B	$3.5B	$3.4B

Cash flow statement

Mettler-Toledo International Inc. cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net earnings	$869.2M	$863.1M	$788.8M	$872.5M
Depreciation	$51.1M	$50.4M	$49.0M	$46.8M
Amortization	$74.5M	$72.9M	$72.2M	$66.2M
Deferred tax (benefit) provision	$17.5M	($5.2M)	($13.4M)	$26.5M
Share-based compensation	$22.5M	$20.0M	$17.9M	$19.7M
Other	($13.7M)	($23.0M)	$0	$0
Trade accounts receivable, net	($46.3M)	($53.0M)	$50.3M	($83.4M)
Inventories	($7.7M)	$24.1M	$71.0M	($43.4M)
Other current assets	($10.8M)	($1.0M)	$20.7M	($16.3M)
Trade accounts payable	$33.8M	$12.1M	($40.6M)	($13.8M)
Taxes payable	($18.8M)	($11.9M)	$12.3M	$55.9M
Accruals and other	($15.4M)	$19.9M	($62.3M)	($71.6M)
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation	$955.8M	$968.3M	$965.9M	$859.1M
Proceeds from sale of property, plant and equipment	$0	$1.6M	$835.0K	$399.0K
Purchase of property, plant and equipment	($107.1M)	($103.9M)	($105.3M)	($121.2M)
Proceeds from government funding	$6.2M	$0	$6.1M	$29.7M
Acquisitions	($93.8M)	($10.1M)	($5.8M)	($38.0M)
Other investing activities	$919.0K	($7.1M)	$27.5M	$10.3M
Net cash used in investing activities	($193.9M)	($119.5M)	($131.7M)	($139.4M)
Proceeds from borrowings	$2.0B	$2.2B	$2.1B	$2.3B
Repayments of borrowings	($2.0B)	($2.2B)	($2.1B)	($1.9B)
Proceeds from exercise of stock options	$32.3M	$23.7M	$19.2M	$33.2M
Repurchases of common stock	($800.0M)	($850.0M)	($900.0M)	($1.1B)
Payments of Excise Tax on Repurchases of Common Stock	($7.8M)	($8.1M)	—	—
Acquisition contingent consideration paid	$0	$0	($7.8M)	($7.9M)
Other financing activities	($1.2M)	($2.9M)	($826.0K)	($1.2M)
Net cash provided by (used in) financing activities	($755.2M)	($856.0M)	($859.6M)	($716.0M)
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation	$801.0K	($3.4M)	($754.0K)	($6.2M)
Net increase (decrease) in cash and cash equivalents	$7.5M	($10.4M)	($26.2M)	($2.6M)
Cash and Cash Equivalents, at Carrying Value, Beginning	$59.4M	$69.8M	$96.0M	$98.6M
Cash and Cash Equivalents, at Carrying Value, End	$66.9M	$59.4M	$69.8M	$96.0M
Interest	$66.6M	$75.9M	$75.6M	$52.3M
Taxes	$180.8M	$209.4M	$178.3M	$114.0M

Mettler-Toledo International Inc. cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Effect of Exchange Rate on Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation	($343.0K)	($426.0K)	($4.0M)	($3.6M)
Net earnings	$402.4M	$169.5M	$583.4M	$365.9M
Depreciation	$26.5M	$13.2M	$38.0M	$25.3M
Amortization	$39.0M	$19.6M	$54.8M	$34.8M
Deferred tax benefit	($177.0K)	($2.0M)	($5.1M)	($2.8M)
Share-based compensation	$10.8M	$5.5M	$16.0M	$10.5M
Trade accounts receivable, net	$40.0M	$65.1M	$40.4M	$39.2M
Inventories	($28.0M)	($19.9M)	($27.4M)	($18.1M)
Other current assets	($19.3M)	($14.4M)	($4.7M)	($2.3M)
Trade accounts payable	($37.4M)	($38.1M)	$18.6M	($8.7M)
Taxes payable	($11.1M)	($38.6M)	$50.0M	$22.2M
Increase (Decrease) in Other Operating Assets and Liabilities, Net	$21.3M	—	($33.8M)	($35.3M)
Net cash provided by operating activities	$450.2M	$139.8M	$730.2M	$430.8M
Purchase of property, plant and equipment	($45.2M)	($17.4M)	($65.6M)	($41.1M)
Acquisitions	($2.2M)	($2.2M)	($75.4M)	($2.9M)
Payments for (Proceeds from) Derivative Instrument, Investing Activities	$14.2M	($11.7M)	($12.4M)	($10.5M)
Net cash used in investing activities	($33.3M)	($31.3M)	($153.5M)	($54.6M)
Proceeds from borrowings	$956.0M	$513.6M	$1.6B	$1.1B
Repayments of borrowings	($966.9M)	($420.1M)	($1.5B)	($1.1B)
Proceeds from stock option exercises	$1.4M	$620.0K	$10.9M	$9.1M
Repurchases of common stock	($412.5M)	($206.3M)	($656.2M)	($437.5M)
Payments of excise tax on repurchases of common stock	($7.6M)	—	—	—
Proceeds from (Payment for) Other Financing Activity	($50.0K)	$0	($920.0K)	($920.0K)
Net cash used in financing activities	($432.1M)	($114.3M)	($563.0M)	($370.1M)
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	($15.5M)	($6.3M)	$9.7M	$2.5M
Beginning of period	$66.9M	$66.9M	$59.4M	$59.4M
End of period	$51.4M	$60.6M	$69.1M	$61.8M
Proceeds from Grantors	$6.2M	$6.2M	—	—
Payment for Contingent Consideration Liability, Financing Activities	($2.5M)	($2.2M)	—	—

Mettler-Toledo International Inc. score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.