Mettler-Toledo International Inc. (MTD) vs STERIS plc (STE)

STE leads on 11 of 15 compared metrics.

A side-by-side comparison of Mettler-Toledo International Inc. and STERIS plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 26, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — MTD vs STE

growth of $100 · last 29y
MTD +8320.9%STE +960.2%MTD compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $10020022007201220172022$8,421$1,060
MTD STE

MTD vs STE: by the numbers

  • MTD is the larger company ($25.24B vs $21.05B market cap).
  • STE trades at the lower earnings multiple (26.56 vs 29.11 P/E).
  • MTD converts more revenue to profit (21.40% vs 13.18% net margin).
  • STE grew revenue faster over the past five years (13.82% vs 4.77% CAGR).
  • STE pays a dividend (1.20% yield) while MTD does not currently pay one.

Which is better, MTD or STE?

Metric tally: MTD 4 · STE 11

It depends on what you're optimizing for:

ValueSTE(lower P/E)
GrowthSTE(faster 5Y revenue CAGR)
QualityMTD(higher ROIC)

Metrics side by side

Valuation

MetricMTDSTE
P/E ratio29.1126.56
Forward P/E24.3120.65
P/S ratio6.173.49
P/B ratio2.88
PEG ratio8.961.03
EV / EBITDA21.5012.26
FCF yield3.15%4.69%

Profitability

MetricMTDSTE
Gross margin57.79%44.25%
Operating margin28.00%18.56%
Net margin21.40%13.18%
ROE-3677.41%10.89%
ROIC35.46%8.47%

Dividends

MetricMTDSTE
Dividend yield1.20%
Payout ratio31.78%

Growth (annualized)

MetricMTDSTE
Revenue CAGR (5Y)4.77%13.82%
EPS CAGR (5Y)10.81%11.22%
FCF CAGR (5Y)1.98%16.64%
Total return CAGR (5Y)-1.52%1.84%

Frequently asked

Which is better, MTD or STE?
It depends on your goal. value: STE (lower P/E); growth: STE (faster 5Y revenue CAGR); quality: MTD (higher ROIC). Across all compared metrics, STE leads 11 to 4.
Is MTD or STE cheaper?
On trailing earnings, STE is cheaper: MTD trades at a 29.11 P/E and STE at 26.56.
Which has grown faster, MTD or STE?
Over the past five years, STE grew revenue faster — MTD at a 4.77% CAGR versus STE at 13.82%.
Does MTD or STE pay a bigger dividend?
STE pays a dividend (1.20% yield) while MTD does not currently pay one.
Is MTD or STE more profitable?
MTD runs the higher net margin — MTD at 21.40% versus STE at 13.18%.
Which has been the better investment, MTD or STE?
Over the past 10-year, STE delivered the higher annualized total return — MTD at 13.22% versus STE at 13.89%. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified June 26, 2026.