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Side-by-side financial comparison of Mettler Toledo (MTD) and SPIRE INC (SR). Click either name above to swap in a different company.

Mettler Toledo is the larger business by last-quarter revenue ($947.1M vs $762.2M, roughly 1.2× SPIRE INC). Mettler Toledo runs the higher net margin — 17.9% vs 12.5%, a 5.4% gap on every dollar of revenue. On growth, SPIRE INC posted the faster year-over-year revenue change (13.9% vs 7.2%). Over the past eight quarters, Mettler Toledo's revenue compounded faster (0.0% CAGR vs -17.8%).

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.

Spire Inc. is a regional public utility holding company based in St. Louis, Missouri, providing natural gas service through its regulated core utility operations while engaging in non-regulated activities that provide business opportunities. Its primary subsidiary Laclede Gas Company is the largest natural gas distribution utility in Missouri, serving approximately 631,000 residential, commercial and industrial customers in the City of St. Louis and ten counties in eastern Missouri. Its corpo...

MTD vs SR — Head-to-Head

Bigger by revenue
MTD
MTD
1.2× larger
MTD
$947.1M
$762.2M
SR
Growing faster (revenue YoY)
SR
SR
+6.7% gap
SR
13.9%
7.2%
MTD
Higher net margin
MTD
MTD
5.4% more per $
MTD
17.9%
12.5%
SR
Faster 2-yr revenue CAGR
MTD
MTD
Annualised
MTD
0.0%
-17.8%
SR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MTD
MTD
SR
SR
Revenue
$947.1M
$762.2M
Net Profit
$169.5M
$95.0M
Gross Margin
58.7%
55.1%
Operating Margin
22.8%
Net Margin
17.9%
12.5%
Revenue YoY
7.2%
13.9%
Net Profit YoY
3.6%
16.9%
EPS (diluted)
$1.54

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
SR
SR
Q1 26
$947.1M
Q4 25
$1.1B
$762.2M
Q3 25
$1.0B
$334.1M
Q2 25
$983.2M
$421.9M
Q1 25
$883.7M
$1.1B
Q4 24
$1.0B
$669.1M
Q3 24
$954.5M
$293.8M
Q2 24
$946.8M
$414.1M
Net Profit
MTD
MTD
SR
SR
Q1 26
$169.5M
Q4 25
$285.8M
$95.0M
Q3 25
$217.5M
$-39.8M
Q2 25
$202.3M
$20.9M
Q1 25
$163.6M
$209.3M
Q4 24
$252.3M
$81.3M
Q3 24
$211.5M
$-25.9M
Q2 24
$221.8M
$-12.6M
Gross Margin
MTD
MTD
SR
SR
Q1 26
58.7%
Q4 25
59.8%
55.1%
Q3 25
59.2%
Q2 25
59.0%
Q1 25
59.5%
Q4 24
61.2%
55.6%
Q3 24
60.0%
Q2 24
59.7%
Operating Margin
MTD
MTD
SR
SR
Q1 26
Q4 25
29.1%
22.8%
Q3 25
26.1%
-0.1%
Q2 25
25.3%
16.4%
Q1 25
22.9%
29.1%
Q4 24
30.1%
22.2%
Q3 24
27.1%
6.7%
Q2 24
25.7%
7.4%
Net Margin
MTD
MTD
SR
SR
Q1 26
17.9%
Q4 25
25.3%
12.5%
Q3 25
21.1%
-11.9%
Q2 25
20.6%
5.0%
Q1 25
18.5%
19.9%
Q4 24
24.1%
12.2%
Q3 24
22.2%
-8.8%
Q2 24
23.4%
-3.0%
EPS (diluted)
MTD
MTD
SR
SR
Q1 26
Q4 25
$13.91
$1.54
Q3 25
$10.57
$-0.77
Q2 25
$9.76
$0.29
Q1 25
$7.81
$3.51
Q4 24
$11.91
$1.34
Q3 24
$9.96
$-0.63
Q2 24
$10.37
$-0.28

Balance Sheet & Financial Strength

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

Metric
MTD
MTD
SR
SR
Cash + ST InvestmentsLiquidity on hand
$60.6M
$4.1M
Total DebtLower is stronger
$2.2B
Stockholders' EquityBook value
$-41.9M
$3.4B
Total Assets
$3.7B
$11.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTD
MTD
SR
SR
Q1 26
$60.6M
Q4 25
$4.1M
Q3 25
$69.1M
$5.7M
Q2 25
$61.8M
$13.1M
Q1 25
$15.2M
Q4 24
$59.4M
$11.5M
Q3 24
$71.6M
$4.5M
Q2 24
$70.8M
$7.4M
Total Debt
MTD
MTD
SR
SR
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
SR
SR
Q1 26
$-41.9M
Q4 25
$-23.6M
$3.4B
Q3 25
$-249.2M
$3.4B
Q2 25
$-258.8M
$3.5B
Q1 25
$-182.0M
$3.5B
Q4 24
$-126.9M
$3.3B
Q3 24
$-154.4M
$3.2B
Q2 24
$-152.8M
$3.3B
Total Assets
MTD
MTD
SR
SR
Q1 26
$3.7B
Q4 25
$3.7B
$11.9B
Q3 25
$3.5B
$11.6B
Q2 25
$3.4B
$11.4B
Q1 25
$3.2B
$11.3B
Q4 24
$3.2B
$11.3B
Q3 24
$3.3B
$10.9B
Q2 24
$3.2B
$10.7B

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
SR
SR
Operating Cash FlowLast quarter
$139.8M
$81.0M
Free Cash FlowOCF − Capex
$-121.8M
FCF MarginFCF / Revenue
-16.0%
Capex IntensityCapex / Revenue
26.6%
Cash ConversionOCF / Net Profit
0.82×
0.85×
TTM Free Cash FlowTrailing 4 quarters
$-286.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTD
MTD
SR
SR
Q1 26
$139.8M
Q4 25
$225.6M
$81.0M
Q3 25
$299.4M
$-4.9M
Q2 25
$236.4M
$129.1M
Q1 25
$194.4M
$372.7M
Q4 24
$266.2M
$81.1M
Q3 24
$254.7M
$82.9M
Q2 24
$257.5M
$270.1M
Free Cash Flow
MTD
MTD
SR
SR
Q1 26
Q4 25
$184.1M
$-121.8M
Q3 25
$274.9M
$-227.6M
Q2 25
$212.5M
$-91.4M
Q1 25
$177.2M
$154.1M
Q4 24
$224.9M
$-179.5M
Q3 24
$233.2M
$-146.9M
Q2 24
$233.7M
$47.9M
FCF Margin
MTD
MTD
SR
SR
Q1 26
Q4 25
16.3%
-16.0%
Q3 25
26.7%
-68.1%
Q2 25
21.6%
-21.7%
Q1 25
20.1%
14.7%
Q4 24
21.5%
-26.8%
Q3 24
24.4%
-50.0%
Q2 24
24.7%
11.6%
Capex Intensity
MTD
MTD
SR
SR
Q1 26
Q4 25
3.7%
26.6%
Q3 25
2.4%
66.7%
Q2 25
2.4%
52.3%
Q1 25
2.0%
20.8%
Q4 24
3.9%
38.9%
Q3 24
2.2%
78.2%
Q2 24
2.5%
53.7%
Cash Conversion
MTD
MTD
SR
SR
Q1 26
0.82×
Q4 25
0.79×
0.85×
Q3 25
1.38×
Q2 25
1.17×
6.18×
Q1 25
1.19×
1.78×
Q4 24
1.06×
1.00×
Q3 24
1.20×
Q2 24
1.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTD
MTD

Segment breakdown not available.

SR
SR

Residential$474.9M62%
Commercial And Industrial$148.4M19%
Gas Marketing$41.1M5%
Midstream$39.0M5%
Transportation$37.1M5%
Offsystem And Other Inventive$19.7M3%
Other Customer Revenue$4.6M1%

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