Mettler-Toledo (MTD) Revenue & Revenue Breakdown
Mettler-Toledo Revenue Highlights
Latest Revenue (Y)
$3.79B
Latest Revenue (Q)
$946.75M
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 |
|---|---|---|
| 2024-06-30 | $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 $946.75M in revenue during Q2 2024, up 2.25% compared to the previous quarter, and up 101.94% 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 |
|---|---|---|---|---|---|
| Service | $881.65M | $800.99M | $757.32M | $680.00M | $661.81M |
| Product | $2.91B | $3.12B | $2.96B | $2.41B | $2.35B |
| Laboratory products and services | $2.07B | $2.23B | $2.08B | $1.67B | $1.58B |
| Retail products and services | $229.06M | $178.77M | $188.36M | $190.89M | $196.06M |
| Industrial products and services | $1.49B | $1.51B | $1.45B | $1.22B | $1.23B |
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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Industrial products and services | $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 | $315.34M | - | - | - | - |
| Retail products and services | $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 | $50.09M | - | - | - | - |
| Laboratory products and services | $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 | $388.44M | - | - | - | - |
| 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 | $586.76M | - | - | - | - |
| 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 | $167.11M | - | - | - | - |
| Industrial Related Products and Services | - | - | - | - | - | $355.18M | $343.74M | $310.78M | $252.35M | - | - | - | - | - | - | - | - | - | - | - |
| Laboratory Related Products and Services | - | - | - | - | - | $520.03M | $513.55M | $444.63M | $357.09M | - | - | - | - | - | - | - | - | - | - | - |
| Retail Related Products and Services | - | - | - | - | - | $53.53M | $40.50M | $48.99M | $39.72M | - | - | - | - | - | - | - | - | - | - | - |
Mettler-Toledo's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Laboratory products and services (55.27%), Industrial products and services (39.53%), and Retail products and services (5.20%).
Mettler-Toledo Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Swiss Operations segment Member | $949.79M | $176.12M | $171.63M | $143.92M | $139.50M |
| Us Operations segment Member | $1.54B | $1.44B | $1.29B | $1.07B | $1.06B |
| Western European Operations Segment | $792.91M | $799.93M | $829.76M | $716.72M | $700.74M |
| Chinese Operations Segment | $718.82M | $841.53M | $771.65M | $578.61M | $544.72M |
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 | 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 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe | $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 | - | - |
| Asia | $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 | - | - | - | - | - | - |
| Americas | $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 | $269.04M |
| Swiss Operations segment Member | - | - | $903.42M | $46.37M | $43.27M | $39.28M | $31.90M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Us Operations segment Member | - | - | $1.20B | $337.40M | $325.82M | $271.96M | $241.41M | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Asia Rest of World | - | - | - | - | - | $302.69M | $295.32M | $259.67M | $189.51M | - | - | - | - | - | - | - | - | - | - | - |
| Segment Geographical Groups Of Countries Group Four | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $140.91M | $142.29M | - | - |
| Segment Geographical Groups Of Countries Group Three | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $149.05M | $168.65M | - | - |
Mettler-Toledo's latest quarterly revenue breakdown by geography, as of Jun 24: Americas (42.68%), Asia (29.99%), and Europe (27.34%).
Mettler-Toledo Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TMO | Thermo Fisher Scientific | $42.86B | $10.54B |
| IQV | IQVIA | $14.98B | $3.81B |
| DHR | Danaher | $14.03B | $3.43B |
| LH | Laboratory Corporation of America | $12.16B | $3.22B |
| 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 | $946.75M |
| IDXX | IDEXX Laboratories | $3.66B | $1.00B |
| WAT | Waters | $2.96B | $708.53M |
| RVTY | Revvity | $2.75B | $691.68M |
| SHC | Sotera Health Company | $1.05B | $276.59M |
| 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 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). The company'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). MTD's quarterly revenue for Q4 2023 was $934.99M, a -0.79% decrease from the previous quarter (Q3 2023), and a -11.60% decrease year-over-year (Q4 2022).
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 Service, Product, Laboratory products and services, Retail products and services, and Industrial products and services. 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. Laboratory products and services generated $2.07B in revenue, accounting 27.31% of the company's total revenue, down -7.24% 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. Industrial products and services generated $1.49B in revenue, accounting 19.67% of the company's total revenue, down -1.33% 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.