Mettler-Toledo (MTD) Revenue & Revenue Breakdown


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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

DateRevenueChange
2023-12-31$3.79B-3.35%
2022-12-31$3.92B5.43%
2021-12-31$3.72B20.51%
2020-12-31$3.09B2.54%
2019-12-31$3.01B2.49%
2018-12-31$2.94B7.73%
2017-12-31$2.73B8.64%
2016-12-31$2.51B4.71%
2015-12-31$2.40B-3.64%
2014-12-31$2.49B4.50%
2013-12-31$2.38B1.60%
2012-12-31$2.34B1.39%
2011-12-31$2.31B17.33%
2010-12-31$1.97B13.84%
2009-12-31$1.73B-12.39%
2008-12-31$1.97B10.01%
2007-12-31$1.79B12.47%
2006-12-31$1.59B7.58%
2005-12-31$1.48B5.56%
2004-12-31$1.40B7.67%
2003-12-31$1.30B7.47%
2002-12-31$1.21B5.72%
2001-12-31$1.15B4.79%
2000-12-31$1.10B2.82%
1999-12-31$1.07B13.87%
1998-12-31$935.70M6.52%
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

DateRevenueChange
2024-09-30$954.53M0.82%
2024-06-30$946.75M2.25%
2024-03-31$925.95M-0.97%
2023-12-31$934.99M-0.79%
2023-09-30$942.46M-4.04%
2023-06-30$982.12M5.75%
2023-03-31$928.74M-12.19%
2022-12-31$1.06B7.29%
2022-09-30$985.85M0.76%
2022-06-30$978.39M8.98%
2022-03-31$897.79M-13.44%
2021-12-31$1.04B8.96%
2021-09-30$951.95M2.99%
2021-06-30$924.35M14.91%
2021-03-31$804.39M-14.24%
2020-12-31$937.99M16.18%
2020-09-30$807.36M16.89%
2020-06-30$690.67M6.39%
2020-03-31$649.16M-23.08%
2019-12-31$843.97M11.95%
2019-09-30$753.87M3.08%
2019-06-30$731.37M7.64%
2019-03-31$679.45M-16.93%
2018-12-31$817.92M11.31%
2018-09-30$734.85M1.78%
2018-06-30$722.00M9.26%
2018-03-31$660.82M-15.06%
2017-12-31$778.03M11.34%
2017-09-30$698.80M6.91%
2017-06-30$653.66M9.94%
2017-03-31$594.57M-16.22%
2016-12-31$709.70M9.08%
2016-09-30$650.60M6.96%
2016-06-30$608.29M12.71%
2016-03-31$539.67M-19.87%
2015-12-31$673.53M11.48%
2015-09-30$604.15M3.80%
2015-06-30$582.06M8.65%
2015-03-31$535.70M-23.19%
2014-12-31$697.43M10.86%
2014-09-30$629.10M3.33%
2014-06-30$608.83M10.57%
2014-03-31$550.62M-19.53%
2013-12-31$684.25M15.64%
2013-09-30$591.69M2.25%
2013-06-30$578.68M10.36%
2013-03-31$524.35M-20.23%
2012-12-31$657.29M13.61%
2012-09-30$578.55M1.45%
2012-06-30$570.28M6.52%
2012-03-31$535.40M-17.42%
2011-12-31$648.36M7.86%
2011-09-30$601.11M7.13%
2011-06-30$561.09M12.50%
2011-03-31$498.77M-15.86%
2010-12-31$592.76M20.92%
2010-09-30$490.21M4.62%
2010-06-30$468.55M12.46%
2010-03-31$416.65M-18.57%
2009-12-31$511.68M17.45%
2009-09-30$435.65M6.92%
2009-06-30$407.44M8.92%
2009-03-31$374.08M-26.61%
2008-12-31$509.69M0.12%
2008-09-30$509.10M-1.26%
2008-06-30$515.61M17.46%
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/ServiceDec 23Dec 22Dec 21Dec 20Dec 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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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

CountryDec 23Dec 22Dec 21Dec 20Dec 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

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 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


TickerCompanyLast Year RevenueLast Quarter Revenue
TMOThermo Fisher Scientific$42.86B$10.60B
IQVIQVIA$14.98B$3.90B
DHRDanaher$14.03B$3.40B
LHLaboratory Corporation of America$12.16B$3.28B
ICLRICON Public Limited Company$8.12B$2.09B
AAgilent$6.83B$1.58B
CRLCharles River Laboratories$4.13B$1.03B
MTDMettler-Toledo$3.79B$954.53M
IDXXIDEXX Laboratories$3.66B$975.54M
WATWaters$2.96B$740.30M
RVTYRevvity$2.75B$641.72M
SHCSotera Health Company$1.05B$285.47M
TWSTTwist Bioscience$312.97M$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.