Mettler-Toledo (MTD) Revenue & Revenue Breakdown

Overview ForecastOwnership Financials Chart Transcripts

Mettler-Toledo Revenue Highlights

Latest Revenue (Y)

$3.79B

Latest Revenue (Q)

$954.53M

Main Segment (Y)

Product

Main Geography (Y)

Us Operations segment Member

Mettler-Toledo Revenue by Period

Mettler-Toledo Revenue by Year

Date	Revenue	Change
2023-12-31	$3.79B	-3.35%
2022-12-31	$3.92B	5.43%
2021-12-31	$3.72B	20.51%
2020-12-31	$3.09B	2.54%
2019-12-31	$3.01B	2.49%
2018-12-31	$2.94B	7.73%
2017-12-31	$2.73B	8.64%
2016-12-31	$2.51B	4.71%
2015-12-31	$2.40B	-3.64%
2014-12-31	$2.49B	4.50%
2013-12-31	$2.38B	1.60%
2012-12-31	$2.34B	1.39%
2011-12-31	$2.31B	17.33%
2010-12-31	$1.97B	13.84%
2009-12-31	$1.73B	-12.39%
2008-12-31	$1.97B	10.01%
2007-12-31	$1.79B	12.47%
2006-12-31	$1.59B	7.58%
2005-12-31	$1.48B	5.56%
2004-12-31	$1.40B	7.67%
2003-12-31	$1.30B	7.47%
2002-12-31	$1.21B	5.72%
2001-12-31	$1.15B	4.79%
2000-12-31	$1.10B	2.82%
1999-12-31	$1.07B	13.87%
1998-12-31	$935.70M	6.52%
1997-12-31	$878.40M	-

Mettler-Toledo generated $3.79B in revenue during NA 2023, up -3.35% compared to the previous quarter, and up 129.05% compared to the same period a year ago.

Mettler-Toledo Revenue by Quarter

Date	Revenue	Change
2024-09-30	$954.53M	0.82%
2024-06-30	$946.75M	2.25%
2024-03-31	$925.95M	-0.97%
2023-12-31	$934.99M	-0.79%
2023-09-30	$942.46M	-4.04%
2023-06-30	$982.12M	5.75%
2023-03-31	$928.74M	-12.19%
2022-12-31	$1.06B	7.29%
2022-09-30	$985.85M	0.76%
2022-06-30	$978.39M	8.98%
2022-03-31	$897.79M	-13.44%
2021-12-31	$1.04B	8.96%
2021-09-30	$951.95M	2.99%
2021-06-30	$924.35M	14.91%
2021-03-31	$804.39M	-14.24%
2020-12-31	$937.99M	16.18%
2020-09-30	$807.36M	16.89%
2020-06-30	$690.67M	6.39%
2020-03-31	$649.16M	-23.08%
2019-12-31	$843.97M	11.95%
2019-09-30	$753.87M	3.08%
2019-06-30	$731.37M	7.64%
2019-03-31	$679.45M	-16.93%
2018-12-31	$817.92M	11.31%
2018-09-30	$734.85M	1.78%
2018-06-30	$722.00M	9.26%
2018-03-31	$660.82M	-15.06%
2017-12-31	$778.03M	11.34%
2017-09-30	$698.80M	6.91%
2017-06-30	$653.66M	9.94%
2017-03-31	$594.57M	-16.22%
2016-12-31	$709.70M	9.08%
2016-09-30	$650.60M	6.96%
2016-06-30	$608.29M	12.71%
2016-03-31	$539.67M	-19.87%
2015-12-31	$673.53M	11.48%
2015-09-30	$604.15M	3.80%
2015-06-30	$582.06M	8.65%
2015-03-31	$535.70M	-23.19%
2014-12-31	$697.43M	10.86%
2014-09-30	$629.10M	3.33%
2014-06-30	$608.83M	10.57%
2014-03-31	$550.62M	-19.53%
2013-12-31	$684.25M	15.64%
2013-09-30	$591.69M	2.25%
2013-06-30	$578.68M	10.36%
2013-03-31	$524.35M	-20.23%
2012-12-31	$657.29M	13.61%
2012-09-30	$578.55M	1.45%
2012-06-30	$570.28M	6.52%
2012-03-31	$535.40M	-17.42%
2011-12-31	$648.36M	7.86%
2011-09-30	$601.11M	7.13%
2011-06-30	$561.09M	12.50%
2011-03-31	$498.77M	-15.86%
2010-12-31	$592.76M	20.92%
2010-09-30	$490.21M	4.62%
2010-06-30	$468.55M	12.46%
2010-03-31	$416.65M	-18.57%
2009-12-31	$511.68M	17.45%
2009-09-30	$435.65M	6.92%
2009-06-30	$407.44M	8.92%
2009-03-31	$374.08M	-26.61%
2008-12-31	$509.69M	0.12%
2008-09-30	$509.10M	-1.26%
2008-06-30	$515.61M	17.46%
2008-03-31	$438.95M	-

Mettler-Toledo generated $954.53M in revenue during Q3 2024, up 0.82% compared to the previous quarter, and up 97.19% compared to the same period a year ago.

Mettler-Toledo Revenue Breakdown

Mettler-Toledo Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Industrial products and services	$1.49B	$1.51B	$1.45B	$1.22B	$1.23B
Laboratory products and services	$2.07B	$2.23B	$2.08B	$1.67B	$1.58B
Service	$881.65M	$800.99M	$757.32M	$680.00M	$661.81M
Product	$2.91B	$3.12B	$2.96B	$2.41B	$2.35B
Retail products and services	$229.06M	$178.77M	$188.36M	$190.89M	$196.06M

Mettler-Toledo's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (38.36%), Laboratory products and services (27.31%), Industrial products and services (19.67%), Service (11.64%), and Retail products and services (3.02%).

Quarterly Revenue by Product

Product/Service	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Industrial products and services	$365.51M	$374.26M	$351.85M	$370.35M	$365.91M	$399.00M	$396.10M	$386.54M	$384.17M	$397.25M	$370.50M	$368.01M	$360.51M	$322.81M	$288.82M	$344.25M	-	-	-	-
Laboratory products and services	$534.84M	$523.23M	$525.06M	$513.26M	$508.82M	$526.70M	$615.79M	$555.11M	$545.92M	$595.80M	$536.49M	$506.11M	$522.71M	$430.52M	$359.47M	$450.79M	-	-	-	-
Retail products and services	$54.19M	$49.26M	$49.05M	$51.38M	$67.74M	$56.42M	$45.79M	$44.19M	$48.29M	$44.19M	$44.96M	$50.23M	$54.76M	$54.03M	$42.38M	$48.92M	-	-	-	-
Service	-	-	-	$438.65M	$219.85M	$223.15M	$209.81M	$201.86M	$198.14M	$200.87M	$191.11M	$187.87M	$189.63M	$176.99M	$153.56M	$174.15M	-	-	-	-
Product	-	-	-	$1.43B	$722.61M	$758.97M	$847.88M	$783.99M	$780.24M	$836.37M	$760.84M	$736.49M	$748.35M	$630.37M	$537.11M	$669.82M	-	-	-	-
Industrial Related Products and Services	-	-	-	-	-	-	$355.18M	$343.74M	$310.78M	$252.35M	-	-	-	-	-	-	-	-	-	-
Retail Related Products and Services	-	-	-	-	-	-	$53.53M	$40.50M	$48.99M	$39.72M	-	-	-	-	-	-	-	-	-	-
Laboratory Related Products and Services	-	-	-	-	-	-	$520.03M	$513.55M	$444.63M	$357.09M	-	-	-	-	-	-	-	-	-	-

Mettler-Toledo's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Laboratory products and services (56.03%), Industrial products and services (38.29%), and Retail products and services (5.68%).

Mettler-Toledo Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Us Operations segment Member	$1.54B	$1.44B	$1.29B	$1.07B	$1.06B
Chinese Operations Segment	$718.82M	$841.53M	$771.65M	$578.61M	$544.72M
Swiss Operations segment Member	$949.79M	$176.12M	$171.63M	$143.92M	$139.50M
Western European Operations Segment	$792.91M	$799.93M	$829.76M	$716.72M	$700.74M

Mettler-Toledo's latest annual revenue breakdown by geography, as of Dec 23: Us Operations segment Member (38.50%), Swiss Operations segment Member (23.73%), Western European Operations Segment (19.81%), and Chinese Operations Segment (17.96%).

Quarterly Revenue by Country

Country	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20	Jun 20	Mar 20	Dec 19
Asia	$300.92M	$283.88M	$267.75M	$273.45M	$289.58M	$338.88M	$336.10M	$349.49M	$341.94M	$338.97M	$325.75M	$310.75M	$297.31M	$270.26M	$264.91M	-	-	-	-	-
Europe	$259.99M	$258.84M	$273.86M	$743.72M	$255.16M	$246.34M	$253.97M	$293.69M	$228.15M	$242.74M	$249.78M	$302.47M	$258.93M	$260.19M	$241.38M	$300.14M	$232.13M	$194.83M	$262.49M	-
Americas	$393.62M	$404.03M	$384.34M	$623.26M	$397.72M	$396.90M	$372.07M	$427.89M	$408.21M	$393.71M	$352.69M	$395.80M	$367.28M	$353.42M	$303.34M	$340.54M	$278.95M	$249.34M	$264.82M	$316.56M
Us Operations segment Member	-	-	-	$1.20B	$337.40M	$325.82M	$271.96M	$241.41M	-	-	-	-	-	-	-	-	-	-	-	-
Swiss Operations segment Member	-	-	-	$903.42M	$46.37M	$43.27M	$39.28M	$31.90M	-	-	-	-	-	-	-	-	-	-	-	-
Total Asia Rest of World	-	-	-	-	-	-	$302.69M	$295.32M	$259.67M	$189.51M	-	-	-	-	-	-	-	-	-	-
Segment Geographical Groups Of Countries Group Three	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$149.05M	-	-
Segment Geographical Groups Of Countries Group Four	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$140.91M	-	-

Mettler-Toledo's latest quarterly revenue breakdown by geography, as of Sep 24: Americas (41.24%), Asia (31.53%), and Europe (27.24%).

Mettler-Toledo Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
TMO	Thermo Fisher Scientific	$42.86B	$10.60B
IQV	IQVIA	$14.98B	$3.90B
DHR	Danaher	$14.03B	$3.40B
LH	Laboratory Corporation of America	$12.16B	$3.28B
ICLR	ICON Public Limited Company	$8.12B	$2.09B
A	Agilent	$6.83B	$1.58B
CRL	Charles River Laboratories	$4.13B	$1.03B
MTD	Mettler-Toledo	$3.79B	$954.53M
IDXX	IDEXX Laboratories	$3.66B	$975.54M
WAT	Waters	$2.96B	$740.30M
RVTY	Revvity	$2.75B	$641.72M
SHC	Sotera Health Company	$1.05B	$285.47M
TWST	Twist Bioscience	$245.11M	$81.46M

MTD Revenue FAQ

What is Mettler-Toledo’s yearly revenue?

Mettler-Toledo's yearly revenue for 2023 was $3.79B, representing a decrease of -3.35% compared to 2022. The company's yearly revenue for 2022 was $3.92B, representing an increase of 5.43% compared to 2021. MTD's yearly revenue for 2021 was $3.72B, representing an increase of 20.51% compared to 2020.

What is Mettler-Toledo’s quarterly revenue?

Mettler-Toledo's quarterly revenue for Q3 2024 was $954.54M, a 0.82% increase from the previous quarter (Q2 2024), and a 1.28% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $946.75M, a 2.25% increase from the previous quarter (Q1 2024), and a -3.60% decrease year-over-year (Q2 2023). MTD's quarterly revenue for Q1 2024 was $925.95M, a -0.97% decrease from the previous quarter (Q4 2023), and a -0.30% decrease year-over-year (Q1 2023).

What is Mettler-Toledo’s revenue growth rate?

Mettler-Toledo's revenue growth rate for the last 3 years (2021-2023) was 1.89%, and for the last 5 years (2019-2023) was 25.91%.

What are Mettler-Toledo’s revenue streams?

Mettler-Toledo's revenue streams in c 23 are Industrial products and services, Laboratory products and services, Service, Product, and Retail products and services. Industrial products and services generated $1.49B in revenue, accounting 19.67% of the company's total revenue, down -1.33% year-over-year. Laboratory products and services generated $2.07B in revenue, accounting 27.31% of the company's total revenue, down -7.24% year-over-year. Service generated $881.65M in revenue, accounting 11.64% of the company's total revenue, up 10.07% year-over-year. Product generated $2.91B in revenue, accounting 38.36% of the company's total revenue, down -6.80% year-over-year. Retail products and services generated $229.06M in revenue, accounting 3.02% of the company's total revenue, up 28.13% year-over-year.

What is Mettler-Toledo’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Mettler-Toledo was Product. This segment made a revenue of $2.91B, representing 38.36% of the company's total revenue.