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Mettler-Toledo International (FRA:MTO) Gross-Profit-to-Asset % : 66.16% (As of Mar. 2024)


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What is Mettler-Toledo International Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Mettler-Toledo International's annualized Gross Profit for the quarter that ended in Mar. 2024 was €2,017 Mil. Mettler-Toledo International's average Total Assets over the quarter that ended in Mar. 2024 was €3,049 Mil. Therefore, Mettler-Toledo International's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 66.16%.


Mettler-Toledo International Gross-Profit-to-Asset % Historical Data

The historical data trend for Mettler-Toledo International's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Mettler-Toledo International Gross-Profit-to-Asset % Chart

Mettler-Toledo International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.13 61.38 73.10 69.82 64.49

Mettler-Toledo International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 63.01 68.44 67.73 65.71 66.16

Competitive Comparison of Mettler-Toledo International's Gross-Profit-to-Asset %

For the Diagnostics & Research subindustry, Mettler-Toledo International's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mettler-Toledo International's Gross-Profit-to-Asset % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Mettler-Toledo International's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Mettler-Toledo International's Gross-Profit-to-Asset % falls into.



Mettler-Toledo International Gross-Profit-to-Asset % Calculation

Mettler-Toledo International's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=2055.259/( (3296.821+3077.044)/ 2 )
=2055.259/3186.9325
=64.49 %

Mettler-Toledo International's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=2017.128/( (3077.044+3020.468)/ 2 )
=2017.128/3048.756
=66.16 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Mettler-Toledo International Gross-Profit-to-Asset % Related Terms

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Mettler-Toledo International (FRA:MTO) Business Description

Traded in Other Exchanges
Address
1900 Polaris Parkway, Columbus, OH, USA, 43240
Mettler-Toledo supplies weighing and precision instruments to customers in the life sciences, industrial, and food retail industries. Its products include laboratory and retail scales, pipettes, pH meters, thermal analysis equipment, titrators, metal detectors, and X-ray analyzers. Mettler leads the market for weighing instrumentation and controls more than 50% of the market for lab balances. The business is geographically diversified, with sales distribution roughly as follows: United States around 30% of sales, Europe around 30%, China around 20%, and the rest of the world around 20%.

Mettler-Toledo International (FRA:MTO) Headlines

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