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Bio-Rad Laboratories vs Mettler Toledo International Inc/: revenue, profit, margins and growth compared

Bio-Rad Laboratories brought in $2.6B of revenue in fiscal 2025, Mettler Toledo International Inc/ $4B in fiscal 2025. Revenue changed by +0.7% at Bio-Rad Laboratories and +4.0% at Mettler Toledo International Inc/ on the year before, so Mettler Toledo International Inc/ grew faster. Bio-Rad Laboratories kept 29.4% of its revenue as net profit, Mettler Toledo International Inc/ 21.6%. Free cash flow was $374.6M at Bio-Rad Laboratories and $848.6M at Mettler Toledo International Inc/.

Side by side, latest fiscal year

BIOMTD
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$2.6B$4B
Revenue growth+0.7%+4.0%
Net income$759.9M$869.2M
Net margin29.4%21.6%
Free cash flow$374.6M$848.6M
Free cash flow margin14.5%21.1%
Earnings per share (diluted)$27.85$42.05
Cash$529.8M$66.9M
Debt$1.2B$2.1B
Price to earnings13.736.0
Market value$10.2B$30.3B
Dividend yieldn/an/a
Rank by revenue in sector#194 of 451 · Industrials#140 of 451 · Industrials

Over the years

Revenue
BIO FY2018: $2.3BBIO FY2019: $2.3BBIO FY2020: $2.5BBIO FY2021: $2.9BBIO FY2022: $2.8BBIO FY2023: $2.7BBIO FY2024: $2.6BBIO FY2025: $2.6BMTD FY2018: $2.9BMTD FY2019: $3BMTD FY2020: $3.1BMTD FY2021: $3.7BMTD FY2022: $3.9BMTD FY2023: $3.8BMTD FY2024: $3.9BMTD FY2025: $4BFY18FY19FY20FY21FY22FY23FY24FY25
BIO $2.6BMTD $4B
Net income
BIO FY2018: $365.6MBIO FY2019: $1.8BBIO FY2020: $3.8BBIO FY2021: $4.3BBIO FY2022: -$3.6BBIO FY2023: -$637.3MBIO FY2024: -$1.8BBIO FY2025: $759.9MMTD FY2018: $512.6MMTD FY2019: $561.1MMTD FY2020: $602.7MMTD FY2021: $769MMTD FY2022: $872.5MMTD FY2023: $788.8MMTD FY2024: $863.1MMTD FY2025: $869.2MFY18FY19FY20FY21FY22FY23FY24FY25
BIO $759.9MMTD $869.2M
Net margin
BIO FY2018: 16.0%BIO FY2019: 76.1%BIO FY2020: 149.8%BIO FY2021: 145.6%BIO FY2022: -129.5%BIO FY2023: -23.9%BIO FY2024: -71.9%BIO FY2025: 29.4%MTD FY2018: 17.5%MTD FY2019: 18.6%MTD FY2020: 19.5%MTD FY2021: 20.7%MTD FY2022: 22.3%MTD FY2023: 20.8%MTD FY2024: 22.3%MTD FY2025: 21.6%FY18FY19FY20FY21FY22FY23FY24FY25
BIO 29.4%MTD 21.6%
Revenue growth
BIO FY2019: +1.0%BIO FY2020: +10.1%BIO FY2021: +14.8%BIO FY2022: -4.1%BIO FY2023: -4.7%BIO FY2024: -3.9%BIO FY2025: +0.7%MTD FY2019: +2.5%MTD FY2020: +2.5%MTD FY2021: +20.5%MTD FY2022: +5.4%MTD FY2023: -3.4%MTD FY2024: +2.2%MTD FY2025: +4.0%FY19FY20FY21FY22FY23FY24FY25
BIO +0.7%MTD +4.0%
Free cash flow
BIO FY2018: $155.7MBIO FY2019: $359.4MBIO FY2020: $476.4MBIO FY2021: $535.7MBIO FY2022: $81.6MBIO FY2023: $218.2MBIO FY2024: $289.6MBIO FY2025: $374.6MMTD FY2018: $422.3MMTD FY2019: $506.1MMTD FY2020: $632.2MMTD FY2021: $801.2MMTD FY2022: $737.8MMTD FY2023: $860.6MMTD FY2024: $864.4MMTD FY2025: $848.6MFY18FY19FY20FY21FY22FY23FY24FY25
BIO $374.6MMTD $848.6M

Fiscal years as each company reports them; the two may end in different months.

Questions about Bio-Rad Laboratories and Mettler Toledo International Inc/

Which is bigger by revenue, Bio-Rad Laboratories or Mettler Toledo International Inc/?

Mettler Toledo International Inc/ is bigger by revenue: $4B in fiscal 2025, against $2.6B for Bio-Rad Laboratories in fiscal 2025.

Which keeps more of its revenue as profit, Bio-Rad Laboratories or Mettler Toledo International Inc/?

Bio-Rad Laboratories had a net margin of 29.4% in fiscal 2025; Mettler Toledo International Inc/ had 21.6% in fiscal 2025.

Which grew revenue faster, Bio-Rad Laboratories or Mettler Toledo International Inc/?

In their latest fiscal years revenue changed by +0.7% at Bio-Rad Laboratories and +4.0% at Mettler Toledo International Inc/.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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