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Side-by-side financial comparison of Mettler Toledo (MTD) and Ryerson Holding Corp (RYI). Click either name above to swap in a different company.

Ryerson Holding Corp is the larger business by last-quarter revenue ($1.1B vs $947.1M, roughly 1.2× Mettler Toledo). Mettler Toledo runs the higher net margin — 17.9% vs -3.4%, a 21.3% gap on every dollar of revenue. On growth, Ryerson Holding Corp posted the faster year-over-year revenue change (9.7% vs 7.2%). Over the past eight quarters, Mettler Toledo's revenue compounded faster (0.0% CAGR vs -5.6%).

Mettler Toledo, stylized in all caps, is a multinational supplier of precision instruments and services. The company focuses on laboratory, industrial, product inspection, and food retailing applications. Its products are used in research, quality control, and manufacturing processes in life sciences, food, chemical, and many other industries.

Joseph T. Ryerson & Son, Inc. is a services company that processes and distributes metals, with operations in the United States, Mexico, Canada, and China. Founded in 1842, Ryerson is headquartered in Chicago and employs approximately 4,200 employees at about 100 locations.

MTD vs RYI — Head-to-Head

Bigger by revenue
RYI
RYI
1.2× larger
RYI
$1.1B
$947.1M
MTD
Growing faster (revenue YoY)
RYI
RYI
+2.5% gap
RYI
9.7%
7.2%
MTD
Higher net margin
MTD
MTD
21.3% more per $
MTD
17.9%
-3.4%
RYI
Faster 2-yr revenue CAGR
MTD
MTD
Annualised
MTD
0.0%
-5.6%
RYI

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MTD
MTD
RYI
RYI
Revenue
$947.1M
$1.1B
Net Profit
$169.5M
$-37.9M
Gross Margin
58.7%
15.3%
Operating Margin
-3.4%
Net Margin
17.9%
-3.4%
Revenue YoY
7.2%
9.7%
Net Profit YoY
3.6%
-781.4%
EPS (diluted)
$-1.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
MTD
MTD
RYI
RYI
Q1 26
$947.1M
Q4 25
$1.1B
$1.1B
Q3 25
$1.0B
$1.2B
Q2 25
$983.2M
$1.2B
Q1 25
$883.7M
$1.1B
Q4 24
$1.0B
$1.0B
Q3 24
$954.5M
$1.1B
Q2 24
$946.8M
$1.2B
Net Profit
MTD
MTD
RYI
RYI
Q1 26
$169.5M
Q4 25
$285.8M
$-37.9M
Q3 25
$217.5M
$-14.8M
Q2 25
$202.3M
$1.9M
Q1 25
$163.6M
$-5.6M
Q4 24
$252.3M
$-4.3M
Q3 24
$211.5M
$-6.6M
Q2 24
$221.8M
$9.9M
Gross Margin
MTD
MTD
RYI
RYI
Q1 26
58.7%
Q4 25
59.8%
15.3%
Q3 25
59.2%
17.2%
Q2 25
59.0%
17.9%
Q1 25
59.5%
18.0%
Q4 24
61.2%
19.0%
Q3 24
60.0%
17.9%
Q2 24
59.7%
18.2%
Operating Margin
MTD
MTD
RYI
RYI
Q1 26
Q4 25
29.1%
-3.4%
Q3 25
26.1%
-0.1%
Q2 25
25.3%
0.5%
Q1 25
22.9%
0.2%
Q4 24
30.1%
0.3%
Q3 24
27.1%
0.5%
Q2 24
25.7%
1.9%
Net Margin
MTD
MTD
RYI
RYI
Q1 26
17.9%
Q4 25
25.3%
-3.4%
Q3 25
21.1%
-1.3%
Q2 25
20.6%
0.2%
Q1 25
18.5%
-0.5%
Q4 24
24.1%
-0.4%
Q3 24
22.2%
-0.6%
Q2 24
23.4%
0.8%
EPS (diluted)
MTD
MTD
RYI
RYI
Q1 26
Q4 25
$13.91
$-1.18
Q3 25
$10.57
$-0.46
Q2 25
$9.76
$0.06
Q1 25
$7.81
$-0.18
Q4 24
$11.91
$-0.13
Q3 24
$9.96
$-0.20
Q2 24
$10.37
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
MTD
MTD
RYI
RYI
Cash + ST InvestmentsLiquidity on hand
$60.6M
$26.9M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$-41.9M
$753.1M
Total Assets
$3.7B
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTD
MTD
RYI
RYI
Q1 26
$60.6M
Q4 25
$26.9M
Q3 25
$69.1M
$29.8M
Q2 25
$61.8M
$30.8M
Q1 25
$33.6M
Q4 24
$59.4M
$27.7M
Q3 24
$71.6M
$35.0M
Q2 24
$70.8M
$28.0M
Total Debt
MTD
MTD
RYI
RYI
Q1 26
$2.2B
Q4 25
$2.1B
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
Q4 24
$1.8B
Q3 24
$1.9B
Q2 24
$1.7B
Stockholders' Equity
MTD
MTD
RYI
RYI
Q1 26
$-41.9M
Q4 25
$-23.6M
$753.1M
Q3 25
$-249.2M
$787.3M
Q2 25
$-258.8M
$811.5M
Q1 25
$-182.0M
$803.9M
Q4 24
$-126.9M
$815.3M
Q3 24
$-154.4M
$832.9M
Q2 24
$-152.8M
$877.9M
Total Assets
MTD
MTD
RYI
RYI
Q1 26
$3.7B
Q4 25
$3.7B
$2.4B
Q3 25
$3.5B
$2.5B
Q2 25
$3.4B
$2.5B
Q1 25
$3.2B
$2.5B
Q4 24
$3.2B
$2.4B
Q3 24
$3.3B
$2.5B
Q2 24
$3.2B
$2.6B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
MTD
MTD
RYI
RYI
Operating Cash FlowLast quarter
$139.8M
$112.7M
Free Cash FlowOCF − Capex
$91.9M
FCF MarginFCF / Revenue
8.3%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
0.82×
TTM Free Cash FlowTrailing 4 quarters
$35.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTD
MTD
RYI
RYI
Q1 26
$139.8M
Q4 25
$225.6M
$112.7M
Q3 25
$299.4M
$-8.3M
Q2 25
$236.4M
$23.8M
Q1 25
$194.4M
$-41.2M
Q4 24
$266.2M
$92.2M
Q3 24
$254.7M
$134.6M
Q2 24
$257.5M
$25.9M
Free Cash Flow
MTD
MTD
RYI
RYI
Q1 26
Q4 25
$184.1M
$91.9M
Q3 25
$274.9M
$-21.1M
Q2 25
$212.5M
$13.9M
Q1 25
$177.2M
$-49.2M
Q4 24
$224.9M
$68.7M
Q3 24
$233.2M
$103.0M
Q2 24
$233.7M
$3.2M
FCF Margin
MTD
MTD
RYI
RYI
Q1 26
Q4 25
16.3%
8.3%
Q3 25
26.7%
-1.8%
Q2 25
21.6%
1.2%
Q1 25
20.1%
-4.3%
Q4 24
21.5%
6.8%
Q3 24
24.4%
9.1%
Q2 24
24.7%
0.3%
Capex Intensity
MTD
MTD
RYI
RYI
Q1 26
Q4 25
3.7%
1.9%
Q3 25
2.4%
1.1%
Q2 25
2.4%
0.8%
Q1 25
2.0%
0.7%
Q4 24
3.9%
2.3%
Q3 24
2.2%
2.8%
Q2 24
2.5%
1.9%
Cash Conversion
MTD
MTD
RYI
RYI
Q1 26
0.82×
Q4 25
0.79×
Q3 25
1.38×
Q2 25
1.17×
12.53×
Q1 25
1.19×
Q4 24
1.06×
Q3 24
1.20×
Q2 24
1.16×
2.62×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

MTD
MTD

Segment breakdown not available.

RYI
RYI

US$988.3M89%
Non Us$116.5M11%

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