Mettler-Toledo International Inc. (MTD) Balance Sheet
MTD balance sheet, 2025
December 31, 2025 · U.S. dollars$3.71B assets = $3.74B liabilities + −$23.6M equity
Liabilities exceed assets: shareholders’ equity is negative (−$23.6M).
Both columns are drawn to the same scale: what MTD owns equals what it owes plus shareholders’ equity. Hover a block for its value.
MTD financial health
Descriptive bands, not a rating. Fiscal 2025.
MTD balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $2.17B2016 | $3.71B2025 | +6.2%/yr | |
| Total liabilities | $1.73B2016 | $3.74B2025 | +8.9%/yr | |
| Shareholders’ equity | $434.9M2016 | −$23.6M2025 | — | |
| Cash & short-term investments | $158.7M2016 | $66.9M2025 | −9.2%/yr | |
| Total debt | $894.0M2016 | $2.34B2025 | +11.3%/yr | |
| Net cash (debt) | −$735.4M2016 | −$2.28B2025 | −$1.5B | |
| Working capital | $309.3M2016 | $164.6M2025 | −$144.7M | |
| Book value per share | $16.092016 | −$1.142025 | — | |
| Current ratio | 1.532016 | 1.142025 | −0.39 | |
| Debt / equity | 2.062016 | 85.942022 | +83.88 | |
| Shares outstanding | 27.0M2016 | 20.7M2025 | −2.9%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
MTD assets
MTD liabilities and equity
MTD debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
MTD balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $66.9M | $59.4M | $69.8M | $96.0M | $98.6M | $94.3M | $207.8M | $178.1M | $148.7M | $158.7M |
| Cash & equivalents | $66.9M | $59.4M | $69.8M | $96.0M | $98.6M | $94.3M | $207.8M | $178.1M | $148.7M | $158.7M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $0 |
| Receivables | $778.2M | $687.1M | $663.9M | $709.3M | $647.3M | $593.8M | $566.3M | $535.5M | $528.6M | $455.0M |
| Inventory | $387.2M | $342.3M | $385.9M | $441.7M | $414.5M | $297.6M | $274.3M | $268.8M | $255.4M | $222.0M |
| Other current assets | $130.3M | $105.2M | $110.6M | $128.1M | $108.9M | $71.2M | $61.3M | $63.4M | $74.0M | $61.1M |
| Total current assets | $1.36B | $1.19B | $1.23B | $1.38B | $1.27B | $1.06B | $1.11B | $1.05B | $1.01B | $896.8M |
| Property, plant & equipment (net) | $845.6M | $770.3M | $803.4M | $778.6M | $799.4M | $798.9M | $748.7M | $717.5M | $668.3M | $563.7M |
| Goodwill & intangible assets | $1.02B | $926.1M | $955.5M | $966.2M | $956.1M | $747.1M | $742.2M | $752.1M | $766.6M | $643.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $545,000 | $0 | $0 |
| Other non-current assets | $486.2M | $349.8M | $366.4M | $372.5M | $302.0M | $211.7M | $188.8M | $102.8M | $108.3M | $62.9M |
| Total assets | $3.71B | $3.24B | $3.36B | $3.49B | $3.33B | $2.81B | $2.79B | $2.62B | $2.55B | $2.17B |
| Liabilities | ||||||||||
| Accounts payable | $266.6M | $215.8M | $210.4M | $252.5M | $272.9M | $175.8M | $185.6M | $196.6M | $167.6M | $146.6M |
| Short-term debt | $99.0M | $212.4M | $220.7M | $135.3M | $131.8M | $50.3M | $55.9M | $49.7M | $19.7M | $19.0M |
| Deferred revenue | $229.4M | $204.2M | $202.0M | $192.8M | $192.6M | $149.1M | $122.5M | $105.4M | $107.2M | $100.3M |
| Total current liabilities | $1.20B | $1.17B | $1.18B | $1.15B | $1.15B | $840.3M | $754.5M | $734.4M | $689.7M | $587.5M |
| Long-term debt | $2.09B | $1.83B | $1.89B | $1.91B | $1.58B | $1.28B | $1.24B | $985.0M | $960.2M | $875.1M |
| Other long-term liabilities | $449.9M | $367.4M | $435.8M | $411.4M | $428.0M | $407.4M | $378.7M | $309.3M | $352.7M | $269.3M |
| Total liabilities | $3.74B | $3.37B | $3.51B | $3.47B | $3.16B | $2.53B | $2.37B | $2.03B | $2.00B | $1.73B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 |
| Retained earnings (deficit) | $9.24B | $8.37B | $7.51B | $6.73B | $5.86B | $5.10B | $4.50B | $3.94B | $3.43B | $3.07B |
| Treasury stock | — | — | — | −$7.33B | −$6.26B | −$5.28B | −$4.54B | −$3.81B | −$3.37B | −$3.01B |
| Accumulated other comprehensive income | −$359.2M | −$345.9M | −$319.8M | −$227.2M | −$255.2M | −$334.9M | −$323.7M | −$302.4M | −$265.4M | −$355.0M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | −$23.6M | −$126.9M | −$149.9M | $24.8M | $171.4M | $282.7M | $420.8M | $590.1M | $547.3M | $434.9M |
| Key figures | ||||||||||
| Total debt | $2.34B | $2.13B | $2.20B | $2.13B | $1.80B | $1.33B | $1.29B | $1.03B | $979.8M | $894.0M |
| Net cash (debt) | −$2.28B | −$2.07B | −$2.13B | −$2.03B | −$1.70B | −$1.24B | −$1.08B | −$856.6M | −$831.2M | −$735.4M |
| Working capital | $164.6M | $25.7M | $49.1M | $227.4M | $122.8M | $216.6M | $355.1M | $311.4M | $317.1M | $309.3M |
| Tangible book value | −$1.04B | −$1.05B | −$1.11B | −$941.4M | −$784.7M | −$464.4M | −$321.4M | −$162.0M | −$219.3M | −$208.5M |
| Book value per share | −$1.14 | −$5.95 | −$6.82 | $1.09 | $7.31 | $11.68 | $16.85 | $22.89 | $20.74 | $16.09 |
| Shares outstanding | 20.7M | 21.3M | 22.0M | 22.7M | 23.5M | 24.2M | 25.0M | 25.8M | 26.4M | 27.0M |
| Current ratio | 1.14 | 1.02 | 1.04 | 1.20 | 1.11 | 1.26 | 1.47 | 1.42 | 1.46 | 1.53 |
| Quick ratio | 0.71 | 0.64 | 0.62 | 0.70 | 0.65 | 0.82 | 1.03 | 0.97 | 0.98 | 1.04 |
| Debt / equity | — | — | — | 85.94 | 10.51 | 4.72 | 3.07 | 1.75 | 1.79 | 2.06 |
| Equity / assets | −0.6% | −3.9% | −4.5% | 0.7% | 5.2% | 10.0% | 15.1% | 22.5% | 21.5% | 20.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $51.4M | $60.6M | $66.9M | $69.1M | $61.8M | $64.3M | $59.4M | $71.6M | $70.8M | $70.2M | $69.8M | $69.7M |
| Cash & equivalents | $51.4M | $60.6M | $66.9M | $69.1M | $61.8M | $64.3M | $59.4M | $71.6M | $70.8M | $70.2M | $69.8M | $69.7M |
| Receivables | $731.5M | $708.2M | $778.2M | $687.3M | $681.6M | $638.4M | $687.1M | $637.2M | $634.7M | $650.3M | $663.9M | $635.0M |
| Inventory | $411.6M | $404.8M | $387.2M | $401.8M | $388.1M | $358.8M | $342.3M | $375.8M | $366.4M | $373.7M | $385.9M | $376.0M |
| Other current assets | $153.0M | $158.3M | $130.3M | $123.1M | $113.0M | $103.3M | $105.2M | $113.6M | $106.4M | $116.9M | $110.6M | $116.3M |
| Total current assets | $1.35B | $1.33B | $1.36B | $1.28B | $1.24B | $1.16B | $1.19B | $1.20B | $1.18B | $1.21B | $1.23B | $1.20B |
| Property, plant & equipment (net) | $831.9M | $830.3M | $845.6M | $817.7M | $817.4M | $778.0M | $770.3M | $790.4M | $768.7M | $773.5M | $803.4M | $763.2M |
| Goodwill & intangible assets | $1.00B | $1.01B | $1.02B | $1.01B | $937.6M | $925.0M | $926.1M | $934.9M | $933.5M | $940.2M | $955.5M | $947.8M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $490.1M | $496.0M | $486.2M | $413.0M | $400.9M | $366.8M | $349.8M | $396.2M | $368.7M | $358.3M | $366.4M | $380.8M |
| Total assets | $3.67B | $3.67B | $3.71B | $3.52B | $3.40B | $3.23B | $3.24B | $3.32B | $3.25B | $3.28B | $3.36B | $3.29B |
| Liabilities | ||||||||||||
| Accounts payable | $229.8M | $228.7M | $266.6M | $247.4M | $216.2M | $201.4M | $215.8M | $202.9M | $199.5M | $189.4M | $210.4M | $174.0M |
| Short-term debt | $67.3M | $67.0M | $99.0M | $63.6M | $60.2M | $182.9M | $212.4M | $185.8M | $311.2M | $183.2M | $220.7M | $179.1M |
| Deferred revenue | $257.5M | $261.0M | $229.4M | $234.3M | $243.8M | $232.8M | $204.2M | $210.7M | $214.2M | $216.7M | $202.0M | $190.8M |
| Total current liabilities | $1.20B | $1.11B | $1.20B | $1.19B | $1.11B | $1.15B | $1.17B | $1.18B | $1.28B | $1.13B | $1.18B | $1.07B |
| Long-term debt | $2.04B | $2.16B | $2.09B | $2.15B | $2.12B | $1.89B | $1.83B | $1.89B | $1.75B | $1.90B | $1.89B | $1.93B |
| Other long-term liabilities | $412.9M | $440.8M | $449.9M | $432.3M | $428.6M | $375.7M | $367.4M | $397.6M | $374.1M | $406.3M | $435.8M | $394.8M |
| Total liabilities | $3.66B | $3.71B | $3.74B | $3.77B | $3.66B | $3.42B | $3.37B | $3.47B | $3.40B | $3.44B | $3.51B | $3.39B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 | $448,000 |
| Retained earnings (deficit) | $9.64B | $9.41B | $9.24B | $8.95B | $8.74B | $8.53B | $8.37B | $8.12B | $7.91B | $7.69B | $7.51B | $7.33B |
| Accumulated other comprehensive income | −$320.7M | −$344.6M | −$359.2M | −$415.9M | −$421.6M | −$351.1M | −$345.9M | −$327.8M | −$310.4M | −$298.1M | −$319.8M | −$263.2M |
| Total shareholders' equity | $12.8M | −$41.9M | −$23.6M | −$249.2M | −$258.8M | −$182.0M | −$126.9M | −$154.4M | −$152.8M | −$158.7M | −$149.9M | −$105.9M |
| Key figures | ||||||||||||
| Total debt | $2.11B | $2.23B | $2.34B | $2.21B | $2.18B | $2.07B | $2.13B | $2.08B | $2.06B | $2.09B | $2.20B | $2.11B |
| Net cash (debt) | −$2.06B | −$2.17B | −$2.28B | −$2.14B | −$2.12B | −$2.01B | −$2.07B | −$2.01B | −$1.99B | −$2.02B | −$2.13B | −$2.04B |
| Working capital | $146.9M | $223.6M | $164.6M | $89.1M | $137.6M | $15.1M | $25.7M | $13.3M | −$102.9M | $79.2M | $49.1M | $126.5M |
| Tangible book value | −$988.6M | −$1.05B | −$1.04B | −$1.26B | −$1.20B | −$1.11B | −$1.05B | −$1.09B | −$1.09B | −$1.10B | −$1.11B | −$1.05B |
| Book value per share | $0.64 | −$2.06 | −$1.16 | −$12.11 | −$12.48 | −$8.69 | −$6.01 | −$7.27 | −$7.14 | −$7.37 | −$6.91 | −$4.84 |
| Shares outstanding | 20.2M | 20.3M | 20.4M | 20.6M | 20.7M | 20.9M | 21.1M | 21.2M | 21.4M | 21.5M | 21.7M | 21.9M |
| Current ratio | 1.12 | 1.20 | 1.14 | 1.07 | 1.12 | 1.01 | 1.02 | 1.01 | 0.92 | 1.07 | 1.04 | 1.12 |
| Quick ratio | 0.65 | 0.69 | 0.71 | 0.63 | 0.67 | 0.61 | 0.64 | 0.60 | 0.55 | 0.64 | 0.62 | 0.66 |
| Debt / equity | 164.70 | — | — | — | — | — | — | — | — | — | — | — |
| Equity / assets | 0.3% | −1.1% | −0.6% | −7.1% | −7.6% | −5.6% | −3.9% | −4.6% | −4.7% | −4.8% | −4.5% | −3.2% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 6, 2026); data from EODHD.
MTD financial position
At the end of fiscal 2025 (December 31, 2025), Mettler-Toledo had total assets of $3.7 billion (up 14.6% from a year earlier), total liabilities of $3.7 billion and shareholders' equity of -$23.6 million. It held $66.9 million in cash and short-term investments against $2.3 billion of debt, net debt of $2.3 billion. Its current ratio was 1.14. In the latest quarter (ended June 30, 2026) total assets were $3.7 billion and equity $12.8 million.
Related: MTD income statement, MTD cash flow statement, MTD key metrics. See the MTD stock overview for the latest quote and news.
MTD balance sheet FAQ
What are Mettler-Toledo's total assets?
Mettler-Toledo reported total assets of $3.7 billion at the end of fiscal 2025 (December 31, 2025), compared with $3.2 billion a year earlier.
How much debt does Mettler-Toledo have?
Mettler-Toledo had $2.3 billion of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was —.
How much cash does Mettler-Toledo have?
Mettler-Toledo held $66.9 million in cash and short-term investments at the end of fiscal 2025; with $2.3 billion of debt that is net debt of $2.3 billion.
What is Mettler-Toledo's book value?
Mettler-Toledo's shareholders' equity (book value) was -$23.6 million at the end of fiscal 2025, or −$1.14 per share.
What is Mettler-Toledo's current ratio?
Mettler-Toledo had current assets of $1.4 billion and current liabilities of $1.2 billion, a current ratio of 1.14 (it can cover its short-term obligations).
How much goodwill does Mettler-Toledo have?
Mettler-Toledo carried $1.0 billion of goodwill and intangible assets, 27.4% of total assets, at the end of fiscal 2025.