Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 29.48.
Forward PE Ratio (29.48) = Close Price ($1395.25) / Consensus Forward EPS ($47.33)
FORWARD PE RATIO
29.48
SECTOR MEDIAN · HEALTHCARE
19.91
median of 68 covered companies
CURRENT VS SECTOR MEDIAN
+48.03%
vs the sector median at left
Mettler-Toledo International Inc.
Market Cap
$28.19B
Forward PE Ratio
29.48
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Mettler-Toledo International Inc. (MTD) | $28.19B | 29.48 |
| Labcorp Holdings Inc. (LH)vs › | $27.58B | 18.35 |
| Medline Inc. (MDLN)vs › | $28.97B | 22.71 |
| BioNTech SE (BNTX)vs › | $29.28B | N/A |
| Quest Diagnostics Incorporated (DGX)vs › | $26.97B | 21.84 |
| Incyte Corporation (INCY)vs › | $25.91B | 33.97 |
| Waters Corporation (WAT)vs › | $30.72B | 28.18 |
| West Pharmaceutical Services, Inc. (WST)vs › | $24.85B | 39.38 |
| Alnylam Pharmaceuticals, Inc. (ALNY)vs › | $31.61B | 36.30 |
| Biogen Inc. (BIIB)vs › | $32.03B | 17.40 |
Trailing P/E
31.4
reported TTM EPS
Forward P/E
29.5
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $47.33 implies +6.4% EPS growth vs the reported trailing $44.49.
At today's $1395.25 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $47.33 | $47.23 – $47.53 | 7 | 29.5x |
| 2027-12-31 | $51.63 | $51.20 – $51.90 | 7 | 27.0x |
| 2028-12-31 | $57.50 | $56.27 – $59.03 | 3 | 24.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
