EW vs. MTD

Last updated Apr 1, 2026

Compare and contrast key facts about Edwards Lifesciences Corporation (EW) and Mettler-Toledo International Inc. (MTD).

Performance

EW vs. MTD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Edwards Lifesciences Corporation (EW) and Mettler-Toledo International Inc. (MTD). The values are adjusted to include any dividend payments, if applicable.

EW vs. MTD - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
EW Edwards Lifesciences Corporation	-6.06%	15.16%	-2.91%	2.20%	-42.41%	42.00%	17.32%	52.31%	35.90%	20.29%
MTD Mettler-Toledo International Inc.	-9.54%	13.93%	0.88%	-16.08%	-14.83%	48.92%	43.67%	40.26%	-8.71%	48.01%

Fundamentals

Market Cap EW : $46.59B MTD : $25.70B
EPS EW : $1.83 MTD : $42.24
PE Ratio EW : 43.79 MTD : 29.86
PEG Ratio EW : 1.41 MTD : 4.58
PS Ratio EW : 7.72 MTD : 6.45
Total Revenue (TTM) EW : $6.07B MTD : $4.03B
Gross Profit (TTM) EW : $4.74B MTD : $2.32B
EBITDA (TTM) EW : $1.35B MTD : $1.24B

Returns By Period

In the year-to-date period, EW achieves a -6.06% return, which is significantly higher than MTD's -9.54% return. Over the past 10 years, EW has underperformed MTD with an annualized return of 10.33%, while MTD has yielded a comparatively higher 13.68% annualized return.

EW

• 1D: 0.73%
• 1M: -7.39%
• YTD: -6.06%
• 6M: 2.97%
• 1Y: 10.49%
• 3Y*: -1.08%
• 5Y*: -0.91%
• 10Y*: 10.33%

MTD

• 1D: 1.06%
• 1M: -7.72%
• YTD: -9.54%
• 6M: 2.74%
• 1Y: 6.80%
• 3Y*: -6.24%
• 5Y*: 1.42%
• 10Y*: 13.68%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

EW vs. MTD — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

EW

EW Risk / Return Rank: 58
EW Sharpe Ratio Rank: 58
EW Sortino Ratio Rank: 52
EW Omega Ratio Rank: 49
EW Calmar Ratio Rank: 64
EW Martin Ratio Rank: 67

MTD

MTD Risk / Return Rank: 48
MTD Sharpe Ratio Rank: 49
MTD Sortino Ratio Rank: 44
MTD Omega Ratio Rank: 43
MTD Calmar Ratio Rank: 50
MTD Martin Ratio Rank: 53

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

EW vs. MTD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Edwards Lifesciences Corporation (EW) and Mettler-Toledo International Inc. (MTD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	EW	MTD	Difference
Sharpe ratio Return per unit of total volatility	0.44	0.20	+0.24
Sortino ratio Return per unit of downside risk	0.83	0.53	+0.29
Omega ratio Gain probability vs. loss probability	1.10	1.06	+0.03
Calmar ratio Return relative to maximum drawdown	1.02	0.32	+0.70
Martin ratio Return relative to average drawdown	2.82	0.93	+1.89
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

EW vs. MTD - Sharpe Ratio Comparison

The current EW Sharpe Ratio is 0.44, which is higher than the MTD Sharpe Ratio of 0.20. The chart below compares the historical Sharpe Ratios of EW and MTD, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	EW	MTD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.44	0.20	+0.24
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.03	0.05	-0.07
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.32	0.47	-0.15
Sharpe Ratio (All Time) Calculated using the full available price history	0.51	0.54	-0.03

Correlation

The correlation between EW and MTD is 0.36, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

EW vs. MTD - Dividend Comparison

Neither EW nor MTD has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

EW vs. MTD - Drawdown Comparison

The maximum EW drawdown since its inception was -54.32%, smaller than the maximum MTD drawdown of -61.43%. Use the drawdown chart below to compare losses from any high point for EW and MTD.

Drawdown Indicators

	EW	MTD	Difference
Max Drawdown Largest peak-to-trough decline	-54.32%	-61.43%	+7.11%
Max Drawdown (1Y) Largest decline over 1 year	-12.73%	-22.44%	+9.71%
Max Drawdown (5Y) Largest decline over 5 years	-54.32%	-43.47%	-10.85%
Max Drawdown (10Y) Largest decline over 10 years	-54.32%	-43.47%	-10.85%
Current Drawdown Current decline from peak	-38.72%	-25.92%	-12.80%
Average Drawdown Average peak-to-trough decline	-14.31%	-13.58%	-0.73%
Ulcer Index Depth and duration of drawdowns from previous peaks	4.59%	7.66%	-3.07%

Volatility

EW vs. MTD - Volatility Comparison

The current volatility for Edwards Lifesciences Corporation (EW) is 7.98%, while Mettler-Toledo International Inc. (MTD) has a volatility of 10.05%. This indicates that EW experiences smaller price fluctuations and is considered to be less risky than MTD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	EW	MTD	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.98%	10.05%	-2.07%
Volatility (6M) Calculated over the trailing 6-month period	17.39%	19.21%	-1.82%
Volatility (1Y) Calculated over the trailing 1-year period	24.07%	33.99%	-9.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.48%	31.02%	+1.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	32.59%	29.13%	+3.46%

Financials

EW vs. MTD - Profitability Comparison

The chart below illustrates the profitability comparison between Edwards Lifesciences Corporation and Mettler-Toledo International Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

EW - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Edwards Lifesciences Corporation reported a gross profit of 1.23B and revenue of 1.57B. Therefore, the gross margin over that period was 78.3%.

MTD - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Mettler-Toledo International Inc. reported a gross profit of 635.74M and revenue of 1.13B. Therefore, the gross margin over that period was 56.3%.

EW - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Edwards Lifesciences Corporation reported an operating income of 370.30M and revenue of 1.57B, resulting in an operating margin of 23.6%.

MTD - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Mettler-Toledo International Inc. reported an operating income of 343.34M and revenue of 1.13B, resulting in an operating margin of 30.4%.

EW - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Edwards Lifesciences Corporation reported a net income of 91.20M and revenue of 1.57B, resulting in a net margin of 5.8%.

MTD - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Mettler-Toledo International Inc. reported a net income of 285.77M and revenue of 1.13B, resulting in a net margin of 25.3%.