MTD vs WAT
MTD: Mettler Toledo is a market-leading supplier of high-precision weighing and analytical instruments essential for research, quality control, and manufacturing across the life sciences and industrial sectors. WAT: Waters Corporation provides high-performance liquid chromatography and mass spectrometry systems that are essential for analytical testing in the pharmaceutical and life sciences industries.
Side-by-side fundamentals
| Metric | MTD | WAT | Edge |
|---|---|---|---|
| Price as of 2026-10-08 close | $1,529.46 | $429.13 | |
| Market cap | $30.6B | $42.2B | |
| P/E as of 2026-10-08 | 34.42 | 107.31 | MTD lower |
| PEG as of 2026-10-08, 3-year EPS CAGR to FY2025 | 11.23 | n/a | |
| Net margin FY2025, SEC XBRL | +21.6% | +20.3% | MTD higher |
| Gross margin FY2025, SEC XBRL | +59.4% | n/a | |
| Operating margin FY2025, SEC XBRL | n/a | +25.4% | |
| ROE FY2025, SEC XBRL | n/a | +25.1% | |
| ROA FY2025, SEC XBRL | +23.4% | +12.7% | MTD higher |
| Debt / equity as of 2026-09-03 | 164.70 | 0.33 | WAT lower |
| Revenue growth (YoY) as of 2026-09-03 | +6.9% | n/a | |
| Revenue CAGR (3y) SEC XBRL | +0.9% | +2.1% | WAT higher |
| Dividend streak (yrs) SEC XBRL | 0 | 0 | Tie |
| Beta as of 2026-09-03 | 1.00 | 0.96 | |
| 1-year return as of 2026-10-08 close | +15.1% | +31.0% | WAT higher |
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-03 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date; "Edge" cells are a pure numeric comparison, not a recommendation.