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Mettler-Toledo International, Inc. Business Segments

Business, geographic, and product segment breakdowns

Mettler-Toledo International, Inc. generates $4.1B in annual revenue across 4 key segments: Chinese Operations Segment ($153.5M), Other Operations ($808.3M), Swiss Operations segment Member ($50.8M), and Us Operations segment Member ($348.5M). Based on the Q1 2026 filing.

Chinese Operations Segment$153.5MOther Operations (TTM)$808.3MSwiss Operations segment Member$50.8MUs Operations segment Member$348.5MWestern European Operations Segment$215.4M
Latest FilingQ1 2026
Report Date2026-05-08
Market Cap$21.7B
P/E Ratio24.82
ROE-781.77%

Products & Services

Percentage of Disaggregated Revenue in Relationship to Segments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Laboratory Related Products and Services—56.0%———55.0%
Industrial Related Products and Services—39.0%———40.0%
Retail Related Products and Services—5.0%———5.0%

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Product Revenue—$650.0M———$684.3M
Laboratory Related Products and Services—$500.2M———$524.6M
Industrial Related Products and Services—$341.2M———$374.6M
Service Revenue—$162.8M———$182.8M
Retail Related Products and Services—$42.3M———$47.9M

Cost of Product and Service Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Products$295.2M$249.8M$289.3M$298.9M$332.9M$268.6M
Service$110.6M$108.1M$114.0M$121.3M$121.4M$122.7M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Products$801.4M$650.0M$734.2M$766.6M$857.0M$684.3M
Service$243.7M$233.8M$249.0M$263.1M$272.8M$262.9M

Geographic

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Americas—$377.9M$414.1M$431.5M—$389.3M
Total Asia Rest of World—$257.9M———$279.1M
Europe—$248.0M$274.1M$292.9M—$278.7M

Total Assets

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member$4.1B$4.1B$4.2B$4.3B$4.4B$4.4B
Swiss Operations segment Member$3.8B$3.9B$4.5B$4.1B$4.3B$4.3B
Western European Operations Segment$1.5B$1.6B$1.6B$1.7B$1.8B$1.8B
Chinese Operations Segment$854.0M$892.0M$1.0B$949.6M$1.0B$1.1B
Other Operations Segment$416.3M$411.3M$442.9M$489.8M$559.5M$525.1M

Cost of Product and Service Sold

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member$185.1M$162.9M$187.2M$186.6M$198.5M$159.1M
Swiss Operations segment Member—$102.2M$116.8M$126.3M—$118.7M
Western European Operations Segment$137.7M$104.1M$115.0M$126.9M$151.3M$117.9M
Chinese Operations Segment$106.5M$99.5M$111.0M$112.9M$114.0M$104.1M
Other Operations—$87.5M$107.6M$113.9M—$101.1M

Depreciation

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member$4.2M$4.2M$4.2M$4.2M$4.3M$4.3M
Chinese Operations Segment$2.3M$2.3M$2.3M$2.4M$2.3M$2.3M
Swiss Operations segment Member$1.8M$1.7M$1.7M$1.8M$1.7M$1.8M
Other Operations Segment$1.4M$1.5M$1.6M$1.3M$1.6M$1.6M
Western European Operations Segment$1.4M$1.3M$1.5M$1.5M$1.5M$1.5M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member$532.4M$532.4M$532.4M$567.2M$568.6M$568.7M
Western European Operations Segment$97.4M$100.9M$108.4M$107.2M$107.4M$105.5M
Other Operations Segment$12.9M$13.1M$13.8M$27.1M$33.1M$32.8M
Swiss Operations segment Member$25.6M$26.2M$28.9M$29.0M$29.5M$29.3M
Chinese Operations Segment$597.0K$601.0K$611.0K$615.0K$630.0K$640.0K

Net Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member$413.0M$379.9M$411.7M$421.6M$436.0M$382.3M
Western European Operations Segment$290.9M$235.5M$262.5M$279.2M$321.4M$265.8M
Swiss Operations segment Member—$223.8M$248.9M$270.7M—$242.7M
Chinese Operations Segment$236.1M$218.2M$245.3M$254.2M$246.7M$234.7M
Other Operations—$167.3M$196.7M$208.9M—$189.9M
Other Operations Segment$223.8M$167.3M$196.7M$208.9M$256.5M$189.9M
OTHER AMERICAS$61.9M$64.7M$64.7M$64.7M$64.7M—
OTHER EUROPE$133.3M$142.3M$142.3M$142.3M$142.3M—
REST OF WORLD$136.0M$139.8M$139.8M$139.8M$139.8M—
TOTAL AMERICAS$401.6M$419.9M$419.9M$419.9M$419.9M—
TOTAL ASIA REST OF WORLD$291.4M$296.5M$296.5M$296.5M$296.5M—
TOTAL EUROPE$275.1M$290.2M$290.2M$290.2M$290.2M—

Payments to Acquire Property, Plant, and Equipment

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Chinese Operations Segment$3.6M$4.9M$4.9M$4.9M$4.9M—
Other Operations Segment$2.9M$1.4M$1.4M$1.4M$1.4M—
Swiss Operations Segment$2.4M$2.1M$2.1M$2.1M$2.1M—
U.S. Operations Segment$4.1M$3.8M$3.8M$3.8M$3.8M—
Western European Operations Segment$1.6M$1.8M$1.8M$1.8M$1.8M—

Period Expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member$126.0M$132.6M$131.7M$135.1M$139.0M$135.4M
Western European Operations Segment$86.3M$88.3M$95.6M$95.1M$95.6M$99.0M
Swiss Operations segment Member—$60.6M$61.5M$62.3M—$68.9M
Other Operations—$55.4M$58.0M$58.3M—$61.3M
Chinese Operations Segment$48.5M$42.7M$45.0M$47.0M$47.5M$45.7M

Revenue Transactions With Other Operating Segments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Swiss Operations segment Member—$176.5M$199.3M$218.6M—$192.0M
Chinese Operations Segment$79.6M$77.1M$83.3M$87.3M$82.0M$81.2M
Western European Operations Segment$51.8M$45.1M$50.5M$52.0M$54.9M$50.4M
Us Operations segment Member$42.9M$34.1M$39.2M$35.8M$43.9M$33.8M
Other Operations—$8.2M$9.5M$11.2M—$11.0M

Revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member$370.1M$345.8M$372.5M$385.9M$392.1M$348.5M
Western European Operations Segment$239.1M$190.4M$211.9M$227.2M$266.5M$215.4M
Other Operations—$159.1M$187.2M$197.6M—$178.9M
Other Operations Segment$218.7M$159.1M$187.2M$197.6M$244.5M$178.9M
Chinese Operations Segment$156.5M$141.2M$162.0M$167.0M$164.7M$153.5M
Swiss Operations segment Member—$47.3M$49.6M$52.1M—$50.8M

Segment Profit Information

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member$101.9M$84.3M$92.7M$99.9M$98.5M$87.8M
Chinese Operations Segment$81.0M$76.0M$89.3M$94.3M$85.3M$84.9M
Swiss Operations segment Member—$61.0M$70.6M$82.0M—$55.1M
Western European Operations Segment$66.9M$43.0M$51.9M$57.2M$74.5M$48.9M
Other Operations—$24.5M$31.1M$36.7M—$27.5M

Segment Reporting, Long-Lived Asset, Expenditure for Addition

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member—$2.3M$3.5M$6.2M—$2.3M
Other Operations Segment—$1.3M$1.4M$3.1M—$2.1M
Chinese Operations Segment—$1.7M$2.7M$6.8M—$1.6M
Swiss Operations segment Member—$703.0K$1.6M$3.4M—$1.5M
Western European Operations Segment—$1.2M$1.2M$3.4M—$1.3M

Total Segments Property, Plant and Equipment, Net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
OTHER AMERICAS$12.5M———$22.2M—
OTHER EUROPE$26.0M———$33.0M—
REST OF WORLD$35.9M———$39.5M—
TOTAL AMERICAS$228.8M———$229.6M—
TOTAL ASIA REST OF WORLD$125.7M———$143.0M—
TOTAL EUROPE$415.8M———$473.1M—

Effective Income Tax Rate Reconciliation, Other Reconciling Items, Amount

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Foreign Countries—$2.8M$2.8M$2.8M$2.8M—

Effective Income Tax Rate Reconciliation, Other Reconciling Items, Percent

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Foreign Countries—0.3%0.3%0.3%0.3%—

Cost of Sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operations Segment$105.4M$113.1M$113.1M$113.1M$113.1M—
Swiss Operations Segment$124.6M$127.3M$127.3M$127.3M$127.3M—

Net sales to other segments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operations Segment$5.0M$8.2M$9.5M$11.2M$12.0M$11.0M

Segment period expense

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operations Segment$53.5M$58.8M$58.8M$58.8M$58.8M—
Swiss Operations Segment$60.3M$63.5M$63.5M$63.5M$63.5M—

Segment profit

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Operations Segment$42.9M$24.5M$31.1M$36.7M$49.4M$27.5M
Swiss Operations Segment$70.2M$70.9M$70.9M$70.9M$70.9M—

Business Segments

Revenue from Contract with Customer, Excluding Assessed Tax

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Us Operations segment Member—$345.8M———$348.5M
Western European Operations Segment—$190.4M———$215.4M
Other Operations$218.7M$159.1M$187.2M$197.6M$244.5M$178.9M
Chinese Operations Segment—$141.2M———$153.5M
Swiss Operations segment Member—$47.3M———$50.8M