MTD vs. HON
MTD (Mettler-Toledo International Inc.) and HON (Honeywell International Inc) are both stocks. MTD operates in Diagnostics & Research (Healthcare), while HON operates in Conglomerates (Industrials). Over the past 10 years, MTD returned 11.73%/yr vs 10.02%/yr for HON. At a 0.43 correlation, their price movements are largely independent.
Performance
MTD vs. HON - Performance Comparison
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Returns By Period
In the year-to-date period, MTD achieves a -18.84% return, which is significantly lower than HON's 14.11% return. Over the past 10 years, MTD has outperformed HON with an annualized return of 11.73%, while HON has yielded a comparatively lower 10.02% annualized return.
MTD
- 1D
- -0.86%
- 1M
- 9.68%
- YTD
- -18.84%
- 6M
- -18.81%
- 1Y
- -2.07%
- 3Y*
- -4.98%
- 5Y*
- -3.12%
- 10Y*
- 11.73%
HON
- 1D
- 0.54%
- 1M
- 3.32%
- YTD
- 14.11%
- 6M
- 14.95%
- 1Y
- 6.49%
- 3Y*
- 7.43%
- 5Y*
- 2.86%
- 10Y*
- 10.02%
MTD vs. HON - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MTD Mettler-Toledo International Inc. | -18.84% | 13.93% | 0.88% | -16.08% | -14.83% | 48.92% | 43.67% | 40.26% | -8.71% | 48.01% |
HON Honeywell International Inc | 14.11% | -6.37% | 10.02% | 0.02% | 4.90% | -0.29% | 22.97% | 36.70% | -8.27% | 35.10% |
Correlation
The correlation between MTD and HON is 0.41, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.41 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.42 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.44 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.47 |
Correlation (All Time) Calculated using the full available price history since Nov 14, 1997 | 0.43 |
Fundamentals
MTD:
$22.95B
HON:
$140.65B
MTD:
$42.68
HON:
$6.42
MTD:
26.51
HON:
34.34
MTD:
5.67
HON:
3.83
MTD:
6.26
HON:
6.60
MTD:
$4.09B
HON:
$36.76B
MTD:
$2.36B
HON:
$13.58B
MTD:
$1.24B
HON:
$6.55B
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Return for Risk
MTD vs. HON — Risk / Return Rank
MTD
HON
MTD vs. HON - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Mettler-Toledo International Inc. (MTD) and Honeywell International Inc (HON). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MTD | HON | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.38 | ||
| Sortino ratioReturn per unit of downside risk | -0.51 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.06 | -0.06 |
| Calmar ratioReturn relative to maximum drawdown | -0.15 | 0.34 | -0.49 |
| Martin ratioReturn relative to average drawdown | -0.42 | 0.59 | -1.00 |
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Drawdowns
MTD vs. HON - Drawdown Comparison
The maximum MTD drawdown since its inception was -61.43%, smaller than the maximum HON drawdown of -70.09%. Use the drawdown chart below to compare losses from any high point for MTD and HON.
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Drawdown Indicators
| MTD | HON | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -61.43% | -70.09% | +8.66% |
Max Drawdown (1Y)Largest decline over 1 year | -31.90% | -16.54% | -15.36% |
Max Drawdown (3Y)Largest decline over 3 years | -36.61% | -22.10% | -14.51% |
Max Drawdown (5Y)Largest decline over 5 years | -43.47% | -27.13% | -16.34% |
Max Drawdown (10Y)Largest decline over 10 years | -43.47% | -43.01% | -0.46% |
Current DrawdownCurrent decline from peak | -33.54% | -10.69% | -22.85% |
Average DrawdownAverage peak-to-trough decline | -13.69% | -20.28% | +6.59% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.48% | 9.68% | +1.80% |
Volatility
MTD vs. HON - Volatility Comparison
The current volatility for Mettler-Toledo International Inc. (MTD) is 9.92%, while Honeywell International Inc (HON) has a volatility of 11.56%. This indicates that MTD experiences smaller price fluctuations and is considered to be less risky than HON based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| MTD | HON | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.92% | 11.56% | -1.64% |
Volatility (6M)Calculated over the trailing 6-month period | 26.16% | 18.95% | +7.21% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.17% | 24.12% | +8.05% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 32.15% | 22.02% | +10.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 29.78% | 23.64% | +6.14% |
Dividends
MTD vs. HON - Dividend Comparison
MTD has not paid dividends to shareholders, while HON's dividend yield for the trailing twelve months is around 2.10%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HON Honeywell International Inc | 2.10% | 2.25% | 1.93% | 1.99% | 1.85% | 1.81% | 1.71% | 1.90% | 2.24% | 1.79% | 2.11% | 2.07% |
MTD Mettler-Toledo International Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
MTD vs. HON - Financials Comparison
This section allows you to compare key financial metrics between Mettler-Toledo International Inc. and Honeywell International Inc. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MTD vs. HON - Profitability Comparison
MTD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported a gross profit of 555.82M and revenue of 947.13M. Therefore, the gross margin over that period was 58.7%.
HON - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported a gross profit of 3.54B and revenue of 9.14B. Therefore, the gross margin over that period was 38.7%.
MTD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported an operating income of 246.22M and revenue of 947.13M, resulting in an operating margin of 26.0%.
HON - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported an operating income of 886.00M and revenue of 9.14B, resulting in an operating margin of 9.7%.
MTD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Mettler-Toledo International Inc. reported a net income of 169.45M and revenue of 947.13M, resulting in a net margin of 17.9%.
HON - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Honeywell International Inc reported a net income of 821.00M and revenue of 9.14B, resulting in a net margin of 9.0%.
Frequently Asked Questions
MTD and HON have a correlation of 0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
HON has higher volatility (11.56%) compared to MTD (9.92%). In terms of maximum drawdown, MTD dropped -61.43% vs HON's -70.09%.
HON currently has the higher Sharpe Ratio (0.24 vs -0.15), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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