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Mettler-Toledo(MTD) - 2022 Q4 - Annual Report
2023-02-10 17:35
Tax and Valuation - As of December 31, 2022, the company reported a valuation allowance of $62.6 million for deferred tax assets based on estimates of future taxable income [263]. - The company plans to repatriate earnings from multiple countries, expecting additional tax costs related to non-U.S. withholding taxes and U.S. taxes on currency gains [264]. - The company’s earnings before taxes for the year ended December 31, 2022, were $1.1 billion, with each increase of $10.7 million in tax expense raising the effective tax rate by 1% [265]. Pension and Benefit Plans - The net periodic pension cost for the U.S. pension plan was $0.5 million, with a projected benefit obligation of $110.3 million as of December 31, 2022 [266]. - A change in the discount rate of 1% would impact annual benefit plan expense by approximately $10.8 million after tax [269]. - The weighted average return on assets assumption was 6.75% for the U.S. pension plan and 3.84% for international plans in 2022 [268]. Goodwill and Intangible Assets - The company’s consolidated balance sheet included goodwill of $660.2 million and other intangible assets of $306.1 million as of December 31, 2022 [270]. - The company evaluates goodwill and indefinite-lived intangible assets annually for impairment, with no impairments reported to date [274]. Financial Instruments - The fair value of cross currency swap agreements was a net asset of $4.1 million at December 31, 2022, with a potential change of approximately $4.5 million from a 100-basis-point change in interest rates [260]. - The company has limited involvement with derivative financial instruments and does not use them for trading purposes [259].
Mettler-Toledo(MTD) - 2022 Q3 - Earnings Call Transcript
2022-11-05 16:29
Mettler-Toledo International Inc. (NYSE:MTD) Q3 2022 Earnings Conference Call November 3, 2022 5:00 PM ET Company Participants Adam Uhlman - Investor Relations Patrick Kaltenbach - Chief Executive Officer Shawn Vadala - Chief Financial Officer Mary Finnegan - Investor Relations Conference Call Participants Josh Waldman - Cleveland Research Jordan Adler - Evercore ISI Tim Daley - Wells Fargo Alonso Garcia - UBS Matt Sykes - Goldman Sachs Operator Good afternoon. My name is Audra, and I will be your conferenc ...
Mettler-Toledo(MTD) - 2022 Q3 - Earnings Call Presentation
2022-11-05 16:28
Earnings Webcast November 3, 2022 Mettler-Toledo International Inc. Q3 2022 Financial Results Safe Harbor Statement 2 Statements in this presentation which are not historical facts constitute "forward looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and Section 21E of the U.S. Securities Exchange Act of 1934. These statements involve known and unknown risks, uncertainties and other factors that may cause our or our businesses, actual results, levels of activity, perfo ...
Mettler-Toledo(MTD) - 2022 Q3 - Quarterly Report
2022-11-04 14:28
Table of Contents _______________________________________________________________________________________________________________________________________ (Exact name of registrant as specified in its charter) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) Commission File Number: 1-13595 Mettler Toledo International Inc Delaware 13-3668641 (State or other jurisdiction of (I.R.S Employer Identification No.) incorporation or organization) 1900 Polaris Parkway Colum ...
Mettler-Toledo(MTD) - 2022 Q2 - Earnings Call Transcript
2022-07-30 14:48
Mettler-Toledo International, Inc. (NYSE:MTD) Q2 2022 Earnings Conference Call July 29, 2022 7:00 AM ET Company Participants Adam Uhlman - Investor Relations Patrick Kaltenbach - Chief Executive Officer Shawn Vadala - Chief Financial Officer Conference Call Participants Vijay Kumar - Evercore ISI Catherine Schulte - Baird Matt Sykes - Goldman Sachs Patrick Donnelly - Citi Dan Arias - Stifel Derik De Bruin - Bank of America Josh Waldman - Cleveland Research Rachel Vatnsdal - JPMorgan Operator Good day, and w ...
Mettler-Toledo(MTD) - 2022 Q2 - Quarterly Report
2022-07-29 14:36
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) Commission File Number: 1-13595 Mettler Toledo International Inc _______________________________________________________________________________________________________________________________________ (Exact name of registrant as specified in its charter) Delaware 13-3668641 (State or other jurisdiction of (I.R.S Employer Identification No.) incorporation or organization) 1900 Polaris Parkway Colum ...
Mettler-Toledo(MTD) - 2022 Q1 - Quarterly Report
2022-05-06 17:01
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q (Mark One) incorporation or organization) (State or other jurisdiction of (I.R.S Employer Identification No.) 1900 Polaris Parkway Columbus, OH 43240 and Im Langacher, P.O. Box MT-100 CH 8606 Greifensee, Swizterland 1-614-438-4511 and +41-44-944-22-11 ________________________________________________________________________________ (Registrant's telephone number, including area code) not applicable ___________ ...
Mettler-Toledo(MTD) - 2022 Q1 - Earnings Call Transcript
2022-05-06 02:59
Mettler-Toledo International Inc. (NYSE:MTD) Q1 2022 Earnings Conference Call May 5, 2022 5:00 PM ET Company Participants Patrick Kaltenbach - Chief Executive Officer Shawn Vadala - Chief Financial Officer Mary Finnegan - Head of Investor Relations Conference Call Participants Nisarg Shah - Bank of America Jordan Adler - Evercore ISI Josh Waldman - Cleveland Research Rachel Vatnsdal - JPMorgan Patrick Donnelly - Citi Matt Skykes - Goldman Sachs Operator Good day, and thank you for standing by, welcome to th ...
Mettler-Toledo(MTD) - 2021 Q4 - Annual Report
2022-02-11 18:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-13595 Mettler-Toledo International Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorp ...
Mettler-Toledo(MTD) - 2021 Q4 - Earnings Call Presentation
2022-02-11 16:03
| --- | --- | --- | --- | --- | |------------------------------------|---------------------------|-------|-----------------------------------|-------| | | | | | | | Earnings Webcast February 10, 2022 | Q4 2021 Financial Results | | Mettler-Toledo International Inc. | | | | | | | | | | | | | | Safe Harbor Statement 2 February 10, 2022 Statements in this presentation which are not historical facts constitute "forward looking statements" within the meaning of Section 27A of the U.S. Securities Act of 1933 and ...