Mettler-Toledo International Inc. (MTD) quarterly cash flow statement — complete operating, investing & financing history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Cash from Operations | 139.79M | 225.59M | 299.37M | 236.37M | 194.45M | 266.19M | 254.67M | 257.51M | 189.99M | 281.5M | 264.3M | 266.81M | 153.26M | 303.64M | 245.43M | 219.16M | 90.84M | 241.11M | 263.31M | 245.53M |
| Operating CF Margin % | 14.76% | 19.97% | 29.07% | 24.04% | 22% | 25.47% | 26.68% | 27.2% | 20.52% | 30.11% | 28.04% | 27.17% | 16.5% | 28.71% | 24.9% | 22.4% | 10.12% | 23.24% | 27.66% | 26.56% |
| Operating CF Growth % | -28.11% | -15.25% | 17.55% | -8.21% | 2.35% | -5.44% | -3.64% | -3.49% | 23.96% | -7.29% | 7.69% | 21.74% | 68.72% | 25.94% | -6.79% | -10.74% | -42.83% | -3.89% | 16.98% | 34% |
| Net Income | 169.45M | 285.76M | 217.49M | 202.35M | 163.59M | 252.3M | 211.52M | 221.81M | 177.51M | 184.79M | 201.63M | 213.93M | 188.43M | 265.83M | 220.6M | 212.07M | 174M | 230.87M | 203.69M | 184.76M |
| Depreciation & Amortization | 32.77M | 13.09M | 32.74M | 12.87M | 12.46M | 30.86M | 31.08M | 30.53M | 30.75M | 30.62M | 30.5M | 30.24M | 29.8M | 28.32M | 28.4M | 27.81M | 28.48M | 28.48M | 27.22M | 27.54M |
| Stock-Based Compensation | 5.47M | 6.49M | 5.51M | 5.38M | 5.14M | 6.36M | 4.36M | 4.54M | 4.72M | 5.48M | 4.23M | 4.2M | 4.03M | 5.73M | 4.73M | 4.69M | 4.51M | 5.7M | 4.74M | 4.58M |
| Deferred Taxes | -1.99M | 22.6M | -2.29M | -1.96M | -879K | -155K | -1.22M | -24.76M | -2.06M | -8.92M | -2.69M | -2.37M | 602K | 31.4M | -1.64M | -2.14M | -1.1M | 6.63M | 1.35M | -2.35M |
| Other Non-Cash Items | 6.24M | 5.99M | 0 | 17.58M | 17.19M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.23M | 0 | 0 |
| Working Capital Changes | -72.15M | -108.34M | 45.92M | 146K | -3.06M | -23.18M | 8.94M | 25.38M | -20.93M | 69.53M | 30.62M | 20.82M | -69.59M | -27.64M | -6.66M | -23.28M | -115.06M | -37.81M | 26.31M | 31.01M |
| Change in Receivables | 65.11M | -86.73M | 1.17M | -20.02M | 59.23M | -75.61M | 15.21M | 9.11M | -1.71M | -11.68M | 1.52M | -11.65M | 72.11M | -67.18M | -12M | -27.53M | 23.29M | -47.31M | -9.6M | -21.78M |
| Change in Inventory | -19.89M | 19.78M | -9.37M | -8.14M | -9.92M | 15.29M | 5.75M | 7.04M | -3.95M | 11.61M | 11.66M | 32.19M | 15.56M | 35.18M | -8.22M | -32.71M | -37.64M | -31.15M | -34.77M | -24.77M |
| Change in Payables | -38.09M | 15.18M | 27.25M | 7.44M | -16.11M | 19.89M | -2.94M | 11.08M | -15.94M | 30.01M | 6.14M | -4.77M | -71.94M | 12.79M | -31.27M | 20.05M | -15.4M | 49.8M | 10.13M | 18.5M |
| Cash from Investing | -31.35M | -40.41M | -98.91M | -47.65M | -6.91M | -51.05M | -37.64M | -21.83M | -8.94M | -35.5M | -30.89M | -42.91M | -22.39M | -50.04M | -48.7M | -33.54M | -7.11M | -62.88M | -25.18M | -34.59M |
| Capital Expenditures | -17.41M | -41.5M | -24.49M | -23.88M | -17.25M | -41.28M | -21.42M | -23.81M | -17.39M | -32.42M | -20.96M | -28.75M | -23.2M | -32.03M | -26.82M | -43.24M | -19.15M | -37.78M | -22.43M | -22.76M |
| CapEx % of Revenue | 1.84% | 3.67% | 2.38% | 2.43% | 1.95% | 3.95% | 2.24% | 2.51% | 1.88% | 3.47% | 2.22% | 2.93% | 2.5% | 3.03% | 2.72% | 4.42% | 2.13% | 3.64% | 2.36% | 2.46% |
| Acquisitions | -2.24M | 0 | -72.51M | 0 | 0 | 0 | 0 | -805K | -1M | -5.2M | 256K | 412K | -613K | -12.36M | -14.82M | -1.06M | -9.7M | -27.48M | -7.85M | -460K |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | -11.69M | 1.1M | -1.91M | -23.77M | 10.35M | -9.78M | -16.22M | 2.78M | 9.46M | 2.11M | -10.19M | -14.57M | 1.42M | -5.65M | -7.06M | 10.64M | 21.74M | 2.38M | 5.11M | -11.37M |
| Cash from Financing | -114.33M | -192.14M | -192.89M | -186M | -184.15M | -223.69M | -218.9M | -234.3M | -179.09M | -248.97M | -245.55M | -227.43M | -137.63M | -285.43M | -177.28M | -188.84M | -64.48M | -264.25M | -195.69M | -177.29M |
| Debt Issued (Net) | 93.49M | -61.81M | 24.06M | 26.04M | 33.17M | -3.51M | -20.6M | -26.2M | 31.58M | -72.97M | -19.45M | 20.69M | 101.5M | -24.16M | 96.76M | 81.7M | 205.56M | 2.83M | 50.3M | 34M |
| Equity Issued (Net) | -205.63M | -122.33M | -218.75M | -211.88M | -218.75M | -211.12M | -212.5M | -212.5M | -212.5M | -176M | -224M | -250M | -250M | -275M | -275M | -275M | -275M | -272.5M | -252.5M | -212.5M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | -206.25M | -143.75M | -218.75M | -218.75M | -218.75M | -212.5M | -212.5M | -212.5M | -212.5M | -176M | -224M | -250M | -250M | -275M | -275M | -275M | -275M | -272.5M | -252.5M | -212.5M |
| Other Financing | -2.19M | -7.99M | 1.8M | -156K | 1.43M | -9.06M | 14.2M | 4.39M | 1.83M | 0 | -2.11M | 1.89M | 10.86M | 13.72M | 960K | 4.46M | 4.96M | 5.43M | 6.5M | 1.21M |
| Net Change in Cash | -6.31M | -2.18M | 7.24M | -2.47M | 4.93M | -12.21M | 764K | 619K | 384K | 132K | -13.9M | -5.51M | -6.88M | -26.17M | 12.69M | -7.5M | 18.39M | -85.11M | 41.42M | 35.6M |
| Free Cash Flow | 122.38M | 184.08M | 274.88M | 212.49M | 177.19M | 224.91M | 233.25M | 233.7M | 172.6M | 249.09M | 243.34M | 238.06M | 130.07M | 271.62M | 218.61M | 175.92M | 71.69M | 203.32M | 240.87M | 222.78M |
| FCF Margin % | 12.92% | 16.29% | 26.7% | 21.61% | 20.05% | 21.52% | 24.44% | 24.68% | 18.64% | 26.64% | 25.82% | 24.24% | 14% | 25.68% | 22.17% | 17.98% | 7.98% | 19.6% | 25.3% | 24.1% |
| FCF Growth % | -30.93% | -18.15% | 17.85% | -9.07% | 2.66% | -9.71% | -4.15% | -1.83% | 32.7% | -8.29% | 11.31% | 35.33% | 81.44% | 33.59% | -9.24% | -21.03% | -46.61% | -5.78% | 17.65% | 35% |
| FCF per Share | 6.03 | 9.03 | 13.36 | 10.23 | 8.49 | 10.66 | 10.96 | 10.92 | 8.01 | 11.49 | 11.12 | 10.78 | 5.84 | 12.12 | 9.67 | 7.71 | 3.11 | 8.76 | 10.30 | 9.47 |
| FCF Conversion (FCF/Net Income) | 0.82x | 0.79x | 1.38x | 1.17x | 1.19x | 1.06x | 1.20x | 1.16x | 1.07x | 1.52x | 1.31x | 1.25x | 0.81x | 1.14x | 1.11x | 1.03x | 0.52x | 1.04x | 1.29x | 1.33x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |