How did Mettler Toledo's revenue and expenses perform in Q4 2024?
5/8/2025 05:28pm
**Mettler Toledo's Revenue and Expenses Performance in Q4 2024**:
1. **Revenue Performance**:
- Mettler Toledo reported a total revenue of $1.045 billion for Q4 2024, reflecting a 12% increase compared to the prior year.
- This growth was driven by strong customer demand, particularly in the Laboratory products segment, with reported sales increasing by 6% in the Americas, 18% in Europe, and 15% in Asia/Rest of World.
2. **Expense Performance**:
- The company's net earnings per diluted share (EPS) were $11.96, up from $8.52 in the prior-year period.
- Adjusted EPS was $12.41, marking a significant 32% increase over the prior-year amount of $9.40.
- Mettler Toledo's adjusted operating profit amounted to $351.9 million, an increase from $281.8 million in the prior year.
3. **Comparison with Estimates and Guidance**:
- The company's revenue for Q4 2024 exceeded the consensus estimate of $944.75 million, with a reported revenue of $954.54 million.
- For the full year, management anticipated local currency sales to increase approximately 2%, with adjusted EPS forecasted to be in the range of $40.35 to $40.50, representing growth of approximately 6%.
In conclusion, Mettler Toledo demonstrated robust revenue growth and effective cost management in Q4 2024, contributing to enhanced profitability as evidenced by the increase in EPS and adjusted EPS. The company's performance exceeded market estimates, and its outlook for the upcoming quarters remains positive, with anticipated growth in local currency sales.