Mettler-Toledo International Inc. stock research
FY2024 Q1
Mettler-Toledo International (MTD) Gross Margin — Quarter Ended Mar 31, 2025
Revenue and gross profit both declined from the prior quarter and from the same quarter a year ago. Gross margin weakened sequentially but improved year over year.
Gross margin takeaway
Quarter ended Mar 31, 2025 · FY2024 Q1
Revenue and gross profit both declined from the prior quarter and from the same quarter a year ago. Gross margin weakened sequentially but improved year over year.
- Year-over-year cost of revenue decreased more than revenue, supporting a slightly higher gross margin compared to the prior-year period.
- Compared to the prior quarter, both revenue and gross profit were lower, and gross margin weakened. Compared to the same quarter one year ago, revenue and gross profit were lower, but gross margin improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
59.5%
Gross profit
$525.9M
Revenue
$883.7M
Cost of revenue
$357.9M
Quarter-over-quarter change
-1.7 pts
Year-over-year change
+0.3 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2024 | $946.8M | $565.7M | $381.1M | 59.7% |
| Sep 30, 2024 | $954.5M | $572.5M | $382.1M | 60.0% |
| Dec 31, 2024 | $1.0B | $639.3M | $405.8M | 61.2% |
| Mar 31, 2025 | $883.7M | $525.9M | $357.9M | 59.5% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2024
-1.7 pts
Year-over-year change
Mar 31, 2024
+0.3 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
Year-over-year cost of revenue decreased more than revenue, supporting a slightly higher gross margin compared to the prior-year period.
Compared to the prior quarter, both revenue and gross profit were lower, and gross margin weakened. Compared to the same quarter one year ago, revenue and gross profit were lower, but gross margin improved.
Monitor whether the decline in revenue continues in upcoming quarters.