Mettler-Toledo International, I (MTD) Stock Price & How to Invest

Last updated July 2026

Short answer

You can invest in Mettler-Toledo International (NYSE: MTD) by buying shares or fractional shares at any major broker, through a life-sciences-tools or industrials ETF that holds it, or as one holding in a thematic basket. Mettler-Toledo is the world's largest maker of precision weighing instruments and related laboratory, industrial, and food-retail analytical equipment, and it is a bet on high-margin, recurring-service-heavy exposure to life sciences, industrial automation, and quality control.

MTD stock price

As of 2026-07-24, Mettler-Toledo International, I (MTD) last closed at $1,327.18, up 5.0% over the past year. Over the past 52 weeks it has traded between $1,025.53 and $1,506.02.

MTD last close
$1,327.18
1 day
-0.35%
1 month
+10.31%
1 year
+5.00%
52-week range
$1,025.53 to $1,506.02
Last close
2026-07-24

Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Mettler-Toledo International, I's investor relations page. Walnut is informational, not investment advice.

What does Mettler-Toledo International, I (MTD) do?

Mettler-Toledo International Inc. (NYSE: MTD) designs, manufactures, and services precision instruments used to weigh, measure, and analyze materials. It reports across three segments: Laboratory (roughly 55% of sales, including balances, pipettes, pH meters, titrators, thermal analysis, and automated chemistry serving pharma, biotech, and academic customers), Industrial (roughly 40%, including industrial weighing, terminals, and automated product-inspection systems like metal detectors and X-ray for food and manufacturing lines), and Food Retail (roughly 5%, weighing and labeling systems for supermarkets). The business is geographically diversified, with the Americas around 37% of sales, Europe around 27%, China around 16%, and the rest of the world the remainder. A large share of revenue is recurring service and consumables, which cushions the equipment cycle, and the company holds a dominant position (over half) of the global market for laboratory balances.

The investment picture rests on quality rather than rapid growth. Mettler-Toledo grows sales in the low-to-mid single digits in local currency but has compounded earnings per share much faster through steady margin expansion, disciplined pricing, its high-margin service business, and one of the most aggressive share-buyback programs in the sector (it pays no dividend and returns essentially all free cash flow via repurchases, shrinking the share count for years). Full-year 2025 revenue was about $4.0 billion with net income near $869 million and reported EPS around $42, and Q1 2026 delivered adjusted EPS of $8.91 with management reiterating roughly 4% local-currency sales growth and raising full-year adjusted EPS guidance to the $46.05 to $46.70 range. The stock trades at a premium valuation reflecting that consistency, so the debate centers on whether end-market demand (especially China and pharma capital spending) reaccelerates enough to justify the multiple.

What's driving Mettler-Toledo International, I (MTD)?

1. Wide moat and pricing power in precision instruments.

Mettler-Toledo controls more than half of the global market for laboratory balances and holds leading positions across weighing, pipetting, and analytical instruments. That entrenched installed base, high switching costs, and reputation for accuracy give it consistent annual pricing power that few instrument makers match. This underpins gross margins in the high-50s percent range and operating margins near 30%.

2. Recurring service and consumables revenue.

A large portion of sales comes from service contracts, calibration, spare parts, and consumables tied to the roughly-installed base of instruments, which grows steadily and is far less cyclical than new-equipment orders. Service revenue was up about 7% in Q1 2026. This recurring stream smooths results through downturns and improves the quality and predictability of earnings.

3. Relentless buybacks and margin-driven EPS compounding.

Mettler-Toledo pays no dividend and instead deploys essentially all of its free cash flow into share repurchases, steadily shrinking the share count year after year. Combined with continuous productivity programs and disciplined cost control, this lets EPS compound in the high single digits to low double digits even when local-currency sales grow only in the low single digits. Full-year 2026 adjusted EPS guidance was raised to roughly $46.05 to $46.70.

4. Leverage to life sciences, automation, and quality control.

The Laboratory segment ties Mettler-Toledo to long-term pharma, biotech, and academic research spending, while product inspection (up about 11% in Q1 2026) benefits from tightening food-safety and manufacturing-quality standards. Industrial automation and factory-floor digitization are structural tailwinds for its terminals and inspection systems. A recovery in pharma capital spending and Chinese demand would be the main upside catalysts.

What are the risks to Mettler-Toledo International, I (MTD)?

Mettler-Toledo carries a premium valuation (a trailing P/E around 30x), so any disappointment in growth or margins can compress the multiple sharply. Its end markets are cyclical and capital-spending sensitive: soft pharma and biotech budgets, weak Chinese industrial demand, or a broad manufacturing slowdown directly pressure new-instrument orders. With substantial international sales, a stronger U.S. dollar is a recurring headwind to reported revenue and earnings. The Food Retail segment has shown pockets of weakness, including double-digit U.S. declines in early 2026. Finally, growth is structurally modest (low-single-digit local-currency sales), so the earnings story depends heavily on continued margin expansion and buybacks rather than top-line acceleration, which limits the margin for error if either lever stalls.

How is Mettler-Toledo International, I (MTD) valued? (approximate, JULY 2026)

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Mettler-Toledo International, I's investor relations page or your broker.

  • Revenue (FY2025): ~$4.0 billion (up ~4%)
  • Net Income (FY2025): ~$869 million
  • Reported EPS (FY2025): ~$42
  • FY2026 Adjusted EPS Guidance: ~$46.05 to ~$46.70
  • Market Capitalization: ~$26 billion
  • P/E Ratio (TTM): ~30x (forward ~28x)

Mettler-Toledo trades at a premium multiple (a trailing P/E near 30x) that sits between peers like Thermo Fisher and Danaher, reflecting its consistency and margin quality. It pays no dividend, returning capital entirely through buybacks that steadily reduce the share count. The valuation prices in continued mid-single-digit sales growth converting into high-single-digit to low-double-digit EPS growth.

Who competes with Mettler-Toledo International, I (MTD)?

Life-sciences and analytical-instrument makers

Thermo Fisher Scientific (TMO), Danaher (DHR), Agilent Technologies (A), Waters (WAT), Bruker (BRKR), and Sartorius compete across laboratory instruments, analytical chemistry, and life-sciences tools. These are Mettler-Toledo's closest valuation peers, and it typically trades at a multiple between Thermo Fisher and Danaher.

Industrial weighing and product-inspection specialists

In industrial weighing, terminals, and automated inspection (metal detection and X-ray), Mettler-Toledo competes with players such as Minebea Intec, Ishida, and other regional scale and inspection-system suppliers. Mettler-Toledo's scale and global service network are its key advantages here.

Broad industrial and measurement conglomerates

Diversified industrial and measurement companies such as Emerson Electric, Endress+Hauser, and Fortive overlap in process instrumentation and factory-floor measurement. They compete on breadth and automation integration rather than Mettler-Toledo's specialized precision-weighing focus.

How to invest in Mettler-Toledo International, I (MTD)

There are three common ways to get MTD exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic basket, so MTD sits alongside other stocks that express the same thesis.

Walnut takes the basket route. Describe a thesis where MTD fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

The bottom line on Mettler-Toledo International, I (MTD)

Mettler-Toledo is a wide-moat, high-margin precision-instruments compounder trading at a premium life-sciences-tools multiple, so the investment picture is a bet on durable pricing power, a large recurring service base, and aggressive buybacks continuing to grow earnings faster than its low-single-digit sales growth.

More on Mettler-Toledo International, I (MTD)

Whether MTD is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is MTD a buy?, and where the stock could go from here in the MTD stock forecast.

For income investors, whether MTD pays a dividend and how the payout looks is covered in does MTD pay a dividend?

Build a basket around MTD with Walnut

Use Mettler-Toledo International, I as one constituent in a thematic basket Walnut's AI helps you assemble. Describe a thesis you believe in, the AI proposes the holdings and weights, and you approve before any broker order.

FAQ

What does Mettler-Toledo do?

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Mettler-Toledo designs, makes, and services precision instruments used to weigh, measure, and analyze materials. Its products include laboratory balances, pipettes, pH meters, titrators, thermal analysis systems, industrial scales and terminals, food product-inspection systems, and retail weighing and labeling equipment.

What stock exchange and ticker is MTD?

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Mettler-Toledo International Inc. trades on the New York Stock Exchange under the ticker MTD. It is a large-cap U.S.-listed company headquartered in Ohio with major operations in Switzerland.

How do I invest in MTD?

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You can buy MTD shares or fractional shares through any major brokerage. Because the share price is high (over $1,000), fractional shares make it accessible. It is also held inside many life-sciences-tools and industrials ETFs, and can sit as one holding in a thematic basket.

Does Mettler-Toledo pay a dividend?

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No. Mettler-Toledo does not pay a dividend. Instead it returns essentially all of its free cash flow to shareholders through share repurchases, which steadily reduce the share count and help compound earnings per share over time.

How did Mettler-Toledo perform recently?

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Full-year 2025 revenue was about $4.0 billion with net income near $869 million and reported EPS around $42. In Q1 2026 the company reported revenue of about $947 million and adjusted EPS of $8.91, beating estimates, and raised full-year adjusted EPS guidance to roughly $46.05 to $46.70.

Is MTD stock expensive?

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MTD trades at a premium valuation, with a trailing P/E around 30x and a forward P/E near 28x, above its own long-run growth rate but roughly in line with high-quality life-sciences-tools peers. The premium reflects its consistency, wide moat, and margin quality rather than rapid revenue growth.

Who are Mettler-Toledo's main competitors?

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In laboratory and analytical instruments it competes with Thermo Fisher, Danaher, Agilent, Waters, Bruker, and Sartorius. In industrial weighing and product inspection it faces specialists like Minebea Intec and Ishida, and in broader measurement it overlaps with Emerson, Endress+Hauser, and Fortive.

What are the biggest risks to MTD?

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Key risks include its premium valuation (leaving little room for disappointment), cyclical exposure to pharma, biotech, industrial, and Chinese capital spending, currency headwinds from a stronger U.S. dollar on large international sales, and structurally low single-digit sales growth that makes earnings depend heavily on margin expansion and buybacks.

Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Mettler-Toledo International, I's investor relations page or your broker before making investment decisions.