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Side-by-side financial comparison of Mettler Toledo (MTD) and Ultra Clean Holdings, Inc. (UCTT). Click either name above to swap in a different company.

Mettler Toledo is the larger business by last-quarter revenue ($947.1M vs $533.7M, roughly 1.8× Ultra Clean Holdings, Inc.). Mettler Toledo runs the higher net margin — 17.9% vs -2.8%, a 20.7% gap on every dollar of revenue. On growth, Mettler Toledo posted the faster year-over-year revenue change (7.2% vs 2.9%). Over the past eight quarters, Ultra Clean Holdings, Inc.'s revenue compounded faster (1.7% CAGR vs 0.0%).

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.

Ultra Clean Holdings, Inc. is a leading global supplier of critical subsystems, ultra-high purity cleaning services, and precision process components for the semiconductor, advanced display, and life sciences sectors. It operates across North America, Asia, and Europe, serving top semiconductor fabs and high-tech equipment manufacturers to support advanced microelectronics production.

MTD vs UCTT — Head-to-Head

Bigger by revenue
MTD
MTD
1.8× larger
MTD
$947.1M
$533.7M
UCTT
Growing faster (revenue YoY)
MTD
MTD
+4.3% gap
MTD
7.2%
2.9%
UCTT
Higher net margin
MTD
MTD
20.7% more per $
MTD
17.9%
-2.8%
UCTT
Faster 2-yr revenue CAGR
UCTT
UCTT
Annualised
UCTT
1.7%
0.0%
MTD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
MTD
MTD
UCTT
UCTT
Revenue
$947.1M
$533.7M
Net Profit
$169.5M
$-15.0M
Gross Margin
58.7%
12.2%
Operating Margin
2.1%
Net Margin
17.9%
-2.8%
Revenue YoY
7.2%
2.9%
Net Profit YoY
3.6%
-500.0%
EPS (diluted)
$-0.40

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
UCTT
UCTT
Q1 26
$947.1M
$533.7M
Q4 25
$1.1B
$506.6M
Q3 25
$1.0B
$510.0M
Q2 25
$983.2M
$518.8M
Q1 25
$883.7M
$518.6M
Q4 24
$1.0B
$563.4M
Q3 24
$954.5M
$540.4M
Q2 24
$946.8M
$516.1M
Net Profit
MTD
MTD
UCTT
UCTT
Q1 26
$169.5M
$-15.0M
Q4 25
$285.8M
$-3.3M
Q3 25
$217.5M
$-10.9M
Q2 25
$202.3M
$-162.0M
Q1 25
$163.6M
$-5.0M
Q4 24
$252.3M
$16.3M
Q3 24
$211.5M
$-2.3M
Q2 24
$221.8M
$19.1M
Gross Margin
MTD
MTD
UCTT
UCTT
Q1 26
58.7%
12.2%
Q4 25
59.8%
15.2%
Q3 25
59.2%
16.1%
Q2 25
59.0%
15.3%
Q1 25
59.5%
16.2%
Q4 24
61.2%
16.3%
Q3 24
60.0%
17.3%
Q2 24
59.7%
17.1%
Operating Margin
MTD
MTD
UCTT
UCTT
Q1 26
2.1%
Q4 25
29.1%
2.2%
Q3 25
26.1%
2.1%
Q2 25
25.3%
-27.3%
Q1 25
22.9%
2.5%
Q4 24
30.1%
4.6%
Q3 24
27.1%
4.7%
Q2 24
25.7%
4.4%
Net Margin
MTD
MTD
UCTT
UCTT
Q1 26
17.9%
-2.8%
Q4 25
25.3%
-0.7%
Q3 25
21.1%
-2.1%
Q2 25
20.6%
-31.2%
Q1 25
18.5%
-1.0%
Q4 24
24.1%
2.9%
Q3 24
22.2%
-0.4%
Q2 24
23.4%
3.7%
EPS (diluted)
MTD
MTD
UCTT
UCTT
Q1 26
$-0.40
Q4 25
$13.91
$-0.07
Q3 25
$10.57
$-0.24
Q2 25
$9.76
$-3.58
Q1 25
$7.81
$-0.11
Q4 24
$11.91
$0.36
Q3 24
$9.96
$-0.05
Q2 24
$10.37
$0.42

Balance Sheet & Financial Strength

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

Metric
MTD
MTD
UCTT
UCTT
Cash + ST InvestmentsLiquidity on hand
$60.6M
$323.5M
Total DebtLower is stronger
$2.2B
$601.9M
Stockholders' EquityBook value
$-41.9M
$702.1M
Total Assets
$3.7B
$1.9B
Debt / EquityLower = less leverage
0.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MTD
MTD
UCTT
UCTT
Q1 26
$60.6M
$323.5M
Q4 25
$311.8M
Q3 25
$69.1M
$314.1M
Q2 25
$61.8M
$327.4M
Q1 25
$317.6M
Q4 24
$59.4M
$313.9M
Q3 24
$71.6M
$318.2M
Q2 24
$70.8M
$319.5M
Total Debt
MTD
MTD
UCTT
UCTT
Q1 26
$2.2B
$601.9M
Q4 25
$2.1B
$481.4M
Q3 25
$2.1B
Q2 25
$2.1B
Q1 25
Q4 24
$1.8B
$499.7M
Q3 24
$1.9B
Q2 24
$1.7B
Stockholders' Equity
MTD
MTD
UCTT
UCTT
Q1 26
$-41.9M
$702.1M
Q4 25
$-23.6M
$711.0M
Q3 25
$-249.2M
$709.9M
Q2 25
$-258.8M
$719.4M
Q1 25
$-182.0M
$872.0M
Q4 24
$-126.9M
$873.6M
Q3 24
$-154.4M
$857.9M
Q2 24
$-152.8M
$852.3M
Total Assets
MTD
MTD
UCTT
UCTT
Q1 26
$3.7B
$1.9B
Q4 25
$3.7B
$1.7B
Q3 25
$3.5B
$1.7B
Q2 25
$3.4B
$1.7B
Q1 25
$3.2B
$1.9B
Q4 24
$3.2B
$1.9B
Q3 24
$3.3B
$1.9B
Q2 24
$3.2B
$1.9B
Debt / Equity
MTD
MTD
UCTT
UCTT
Q1 26
0.86×
Q4 25
0.68×
Q3 25
Q2 25
Q1 25
Q4 24
0.57×
Q3 24
Q2 24

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
UCTT
UCTT
Operating Cash FlowLast quarter
$139.8M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.82×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MTD
MTD
UCTT
UCTT
Q1 26
$139.8M
Q4 25
$225.6M
$8.1M
Q3 25
$299.4M
$100.0K
Q2 25
$236.4M
$29.2M
Q1 25
$194.4M
$28.2M
Q4 24
$266.2M
$17.1M
Q3 24
$254.7M
$14.9M
Q2 24
$257.5M
$23.2M
Free Cash Flow
MTD
MTD
UCTT
UCTT
Q1 26
Q4 25
$184.1M
$-2.0M
Q3 25
$274.9M
$-10.9M
Q2 25
$212.5M
$12.4M
Q1 25
$177.2M
$15.8M
Q4 24
$224.9M
$-200.0K
Q3 24
$233.2M
$-300.0K
Q2 24
$233.7M
$10.2M
FCF Margin
MTD
MTD
UCTT
UCTT
Q1 26
Q4 25
16.3%
-0.4%
Q3 25
26.7%
-2.1%
Q2 25
21.6%
2.4%
Q1 25
20.1%
3.0%
Q4 24
21.5%
-0.0%
Q3 24
24.4%
-0.1%
Q2 24
24.7%
2.0%
Capex Intensity
MTD
MTD
UCTT
UCTT
Q1 26
Q4 25
3.7%
2.0%
Q3 25
2.4%
2.2%
Q2 25
2.4%
3.2%
Q1 25
2.0%
2.4%
Q4 24
3.9%
3.1%
Q3 24
2.2%
2.8%
Q2 24
2.5%
2.5%
Cash Conversion
MTD
MTD
UCTT
UCTT
Q1 26
0.82×
Q4 25
0.79×
Q3 25
1.38×
Q2 25
1.17×
Q1 25
1.19×
Q4 24
1.06×
1.05×
Q3 24
1.20×
Q2 24
1.16×
1.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MTD
MTD

Segment breakdown not available.

UCTT
UCTT

Products$465.7M87%
Services$68.0M13%

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