$MTD
METTLER TOLEDO INTERNATIONAL INC/

2024 Q3 Form 10-Q Financial Statement

#000103764624000034 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q3
Revenue $954.5M
YoY Change 1.28%
Cost Of Revenue $382.1M
YoY Change -0.22%
Gross Profit $572.5M
YoY Change 2.31%
Gross Profit Margin 59.97%
Selling, General & Admin $228.8M
YoY Change 5.21%
% of Gross Profit 39.96%
Research & Development $47.12M
YoY Change 2.15%
% of Gross Profit 8.23%
Depreciation & Amortization $31.08M
YoY Change 1.9%
% of Gross Profit 5.43%
Operating Expenses $275.9M
YoY Change 4.67%
Operating Profit $296.6M
YoY Change 0.21%
Interest Expense $18.60M
YoY Change -8.28%
% of Operating Profit 6.27%
Other Income/Expense, Net $1.852M
YoY Change 58.16%
Pretax Income $259.0M
YoY Change 3.1%
Income Tax $47.44M
% Of Pretax Income 18.32%
Net Earnings $211.5M
YoY Change 4.9%
Net Earnings / Revenue 22.16%
Basic Earnings Per Share $10.01
Diluted Earnings Per Share $9.96
COMMON SHARES
Basic Shares Outstanding 21.14M shares
Diluted Shares Outstanding 21.24M shares

Balance Sheet

Concept 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $71.57M
YoY Change 2.69%
Cash & Equivalents $71.60M
Short-Term Investments
Other Short-Term Assets $113.6M
YoY Change -2.28%
Inventory $375.8M
Prepaid Expenses
Receivables $637.2M
Other Receivables $0.00
Total Short-Term Assets $1.198B
YoY Change 0.11%
LONG-TERM ASSETS
Property, Plant & Equipment $790.4M
YoY Change 3.57%
Goodwill $672.4M
YoY Change 1.78%
Intangibles $262.5M
YoY Change -8.59%
Long-Term Investments
YoY Change
Other Assets $364.5M
YoY Change 3.23%
Total Long-Term Assets $2.122B
YoY Change 1.42%
TOTAL ASSETS
Total Short-Term Assets $1.198B
Total Long-Term Assets $2.122B
Total Assets $3.320B
YoY Change 0.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $202.9M
YoY Change 16.61%
Accrued Expenses $190.4M
YoY Change 10.12%
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due $185.8M
YoY Change 3.75%
Total Short-Term Liabilities $1.185B
YoY Change 10.7%
LONG-TERM LIABILITIES
Long-Term Debt $1.892B
YoY Change -1.96%
Other Long-Term Liabilities $289.8M
YoY Change 2.56%
Total Long-Term Liabilities $2.181B
YoY Change -1.38%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.185B
Total Long-Term Liabilities $2.181B
Total Liabilities $3.474B
YoY Change 2.34%
SHAREHOLDERS EQUITY
Retained Earnings $8.121B
YoY Change 10.82%
Common Stock $890.3M
YoY Change 2.8%
Preferred Stock
YoY Change
Treasury Stock (at cost) $8.838B
YoY Change 9.97%
Treasury Stock Shares
Shareholders Equity -$154.4M
YoY Change
Total Liabilities & Shareholders Equity $3.320B
YoY Change 0.95%

Cashflow Statement

Concept 2024 Q3
OPERATING ACTIVITIES
Net Income $211.5M
YoY Change 4.9%
Depreciation, Depletion And Amortization $31.08M
YoY Change 1.9%
Cash From Operating Activities $254.7M
YoY Change -3.65%
INVESTING ACTIVITIES
Capital Expenditures $21.42M
YoY Change 2.0%
Acquisitions
YoY Change
Other Investing Activities -$16.22M
YoY Change 63.86%
Cash From Investing Activities -$37.64M
YoY Change 21.82%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -218.9M
YoY Change -10.84%
NET CHANGE
Cash From Operating Activities 254.7M
Cash From Investing Activities -37.64M
Cash From Financing Activities -218.9M
Net Change In Cash -1.875M
YoY Change -84.5%
FREE CASH FLOW
Cash From Operating Activities $254.7M
Capital Expenditures $21.42M
Free Cash Flow $233.2M
YoY Change -4.13%

Facts In Submission

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dei Entity Registrant Name
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Mettler Toledo International Inc
dei Entity Incorporation State Country Code
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DE
dei Entity Tax Identification Number
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dei Entity Address Address Line1
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1900 Polaris Parkway
dei Entity Address City Or Town
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dei Entity Address State Or Province
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dei Entity Address Postal Zip Code
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dei City Area Code
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dei Security12b Title
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dei Trading Symbol
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CY2023Q3 us-gaap Translation Adjustment For Net Investment Hedge Increase Decrease Net Of Tax
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CY2023Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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DefinedBenefitPlanExpectedReturnOnPlanAssets
30107000 usd
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-3504000 usd
us-gaap Defined Benefit Plan Amortization Of Prior Service Cost Credit
DefinedBenefitPlanAmortizationOfPriorServiceCostCredit
-3241000 usd
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-12767000 usd
us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-9332000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
7460000 usd
us-gaap Defined Benefit Plan Net Periodic Benefit Cost
DefinedBenefitPlanNetPeriodicBenefitCost
5684000 usd
CY2024Q3 mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
1900000 usd
mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
5700000 usd
mtd Non Service Pension Costs Benefits
NonServicePensionCostsBenefits
5600000 usd
CY2024Q3 us-gaap Revenues
Revenues
954535000 usd
CY2024Q3 mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
CY2024Q3 mtd Net Sales
NetSales
954535000 usd
CY2024Q3 mtd Segment Profit Information
SegmentProfitInformation
296573000 usd
CY2024Q3 us-gaap Goodwill
Goodwill
672404000 usd
us-gaap Revenues
Revenues
2827234000 usd
mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
mtd Net Sales
NetSales
2827234000 usd
mtd Segment Profit Information
SegmentProfitInformation
848002000 usd
CY2023Q3 us-gaap Revenues
Revenues
942462000 usd
CY2023Q3 mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
CY2023Q3 mtd Net Sales
NetSales
942462000 usd
CY2023Q3 mtd Segment Profit Information
SegmentProfitInformation
295965000 usd
CY2022Q4 us-gaap Goodwill
Goodwill
660638000 usd
us-gaap Revenues
Revenues
2853317000 usd
mtd Revenue Transactions With Other Operating Segments
RevenueTransactionsWithOtherOperatingSegments
0 usd
mtd Net Sales
NetSales
2853317000 usd
mtd Segment Profit Information
SegmentProfitInformation
870120000 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
258952000 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
251159000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
722676000 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
741172000 usd
CY2024Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
18243000 usd
CY2023Q3 us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
18314000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
54649000 usd
us-gaap Amortization Of Deferred Charges
AmortizationOfDeferredCharges
54135000 usd
CY2024Q3 us-gaap Interest Expense
InterestExpense
18599000 usd
CY2023Q3 us-gaap Interest Expense
InterestExpense
20278000 usd
us-gaap Interest Expense
InterestExpense
56781000 usd
us-gaap Interest Expense
InterestExpense
57711000 usd
CY2024Q3 us-gaap Restructuring Charges
RestructuringCharges
2631000 usd
CY2023Q3 us-gaap Restructuring Charges
RestructuringCharges
7385000 usd
us-gaap Restructuring Charges
RestructuringCharges
17624000 usd
us-gaap Restructuring Charges
RestructuringCharges
19680000 usd
CY2024Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1852000 usd
CY2023Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1171000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3728000 usd
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2578000 usd
CY2024Q3 mtd Segment Profit Information
SegmentProfitInformation
296573000 usd
CY2023Q3 mtd Segment Profit Information
SegmentProfitInformation
295965000 usd
mtd Segment Profit Information
SegmentProfitInformation
848002000 usd
mtd Segment Profit Information
SegmentProfitInformation
870120000 usd

Files In Submission

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0001037646-24-000034-index-headers.html Edgar Link pending
0001037646-24-000034-index.html Edgar Link pending
0001037646-24-000034.txt Edgar Link pending
0001037646-24-000034-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
MetaLinks.json Edgar Link pending
mtd-20240930.htm Edgar Link pending
mtd-20240930.xsd Edgar Link pending
mtdexhibit3119302024.htm Edgar Link pending
mtdexhibit3129302024.htm Edgar Link pending
mtdexhibit329302024.htm Edgar Link pending
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mtd-20240930_def.xml Edgar Link unprocessable
mtd-20240930_lab.xml Edgar Link unprocessable
mtd-20240930_htm.xml Edgar Link completed
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mtd-20240930_cal.xml Edgar Link unprocessable
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mtd-20240930_pre.xml Edgar Link unprocessable