01—Abstract
Summary
Summary of the 8-K filed February 5, 2026. Cited figures are marked; the original filing is the authoritative source.
Mettler-Toledo International Inc. (NYSE: MTD) furnished under Item 2.02 a press release reporting fourth-quarter and full-year 2025 results.
Fourth-quarter reported sales rose 8% to $1.130 billiona, or 5% in local currency, including a 1% benefit from acquisitions. Diluted GAAP EPS was $13.98, compared with $11.96 a year earlier, and included a non-cash discrete tax benefit of $0.95 per share. Adjusted EPS was $13.36, up 8% from $12.41.
Adjusted operating profit was $363.0 millionb, compared with $351.9 million in the prior-year quarter. For full-year 2025, reported sales rose 4% to $4.026 billion, and local currency sales rose 3%. GAAP diluted EPS was $42.05, compared with $40.48, and Adjusted EPS was $42.73, up 4% from $41.11.
Adjusted operating profit was $1.193 billionc, compared with $1.200 billion in 2024, and earnings before taxes were $1.049 billion. Net cash provided by operating activities was $955.8 million and Adjusted Free Cash Flow was $877.5 million, compared with $900.6 million in 2024. The company repurchased $800.0 million of common stock during the year.
For 2026, management expects local currency sales to grow approximately 4% and Adjusted EPS of $46.05 to $46.70d, growth of approximately 8% to 9%. This compares with prior guidance of $45.35 to $46.00 for Adjusted EPS.
For the first quarter of 2026, management expects local currency sales growth of approximately 3% and Adjusted EPS of $8.60 to $8.75. The company notes that market conditions are uncertain and could change quickly.
02—Key points
Key Highlights
- Q4 2025 reported sales rose 8% to $1.130 billion (5% in local currency, including a 1% acquisition benefit); Americas +7%, Europe +12%, Asia/Rest of World +5% in reported terms.
- Q4 2025 Adjusted EPS of $13.36 rose 8% from $12.41; GAAP diluted EPS of $13.98 included a $0.95 per share non-cash discrete tax benefit.
- Full-year 2025 reported sales rose 4% to $4.026 billion, with local currency sales up 3%; excluding acquisitions and a delayed 2023 shipment effect, local currency growth was 4%.
- Full-year 2025 Adjusted EPS of $42.73 rose 4% from $41.11, while Adjusted Operating Profit declined to $1.193 billion from $1.200 billion.
- Adjusted Free Cash Flow was $877.5 million in 2025 versus $900.6 million in 2024; full-year share repurchases totaled $800.0 million.
- 2026 guidance: local currency sales growth of approximately 4% and Adjusted EPS of $46.05 to $46.70 (8% to 9% growth), above prior Adjusted EPS guidance of $45.35 to $46.00.
- Q1 2026 guidance calls for local currency sales growth of approximately 3% and Adjusted EPS of $8.60 to $8.75, representing 5% to 7% growth.
03—Questions
Frequently Asked Questions
How did Mettler-Toledo perform in the fourth quarter of 2025?
Reported sales rose 8% to $1.130 billion, and local currency sales rose 5%. GAAP diluted EPS was $13.98 versus $11.96, including a $0.95 per share non-cash discrete tax benefit. Adjusted EPS was $13.36, up 8% from $12.41, and Adjusted Operating Profit was $363.0 million versus $351.9 million.
What is the company's outlook for 2026?
Management anticipates full-year 2026 local currency sales growth of approximately 4% and Adjusted EPS of $46.05 to $46.70, representing growth of approximately 8% to 9%. This compares with prior Adjusted EPS guidance of $45.35 to $46.00. For the first quarter of 2026, it expects local currency sales growth of approximately 3% and Adjusted EPS of $8.60 to $8.75. Management cautions that market conditions are uncertain and could change quickly.
Why did Adjusted Operating Profit decline in 2025 while Adjusted EPS grew?
Adjusted Operating Profit for 2025 was $1.193 billion, compared with $1.200 billion in 2024, while Adjusted EPS rose 4% to $42.73. The filing does not attribute the difference to a specific cause. Adjusted EPS excludes items such as amortization of purchased intangibles, restructuring charges, and discrete tax items, and it reflects lower share count, as diluted weighted average shares fell to 20,671,708 from 21,320,641.
How strong was the company's cash generation in 2025?
Net cash provided by operating activities was $955.8 million in 2025, compared with $968.3 million in 2024. Adjusted Free Cash Flow was $877.5 million, compared with $900.6 million. The company also repurchased $800.0 million of common stock during 2025.
What is the difference between GAAP and non-GAAP results in this report?
Adjusted EPS excludes non-recurring discrete tax items, amortization of purchased intangibles, restructuring charges, and certain one-time charges, net of tax. For Q4 2025, GAAP diluted EPS of $13.98 included a $0.95 per share non-cash discrete tax benefit, which is excluded from Adjusted EPS. The company's reconciliation tables in the press release show each adjustment.
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