Correlation
The correlation between MTD and NVO is 0.34, 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.
MTD vs. NVO
Compare and contrast key facts about Mettler-Toledo International Inc. (MTD) and Novo Nordisk A/S (NVO).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: MTD or NVO.
Performance
MTD vs. NVO - Performance Comparison
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Key characteristics
MTD:
-0.49
NVO:
-1.05
MTD:
-0.69
NVO:
-1.51
MTD:
0.91
NVO:
0.81
MTD:
-0.48
NVO:
-0.76
MTD:
-1.24
NVO:
-1.34
MTD:
16.60%
NVO:
34.06%
MTD:
34.21%
NVO:
43.26%
MTD:
-61.43%
NVO:
-71.29%
MTD:
-32.13%
NVO:
-50.36%
Fundamentals
MTD:
$24.38B
NVO:
$303.58B
MTD:
$40.01
NVO:
$3.57
MTD:
29.32
NVO:
19.46
MTD:
3.47
NVO:
1.26
MTD:
6.37
NVO:
1.00
MTD:
3.98K
NVO:
14.65
MTD:
$3.83B
NVO:
$303.14B
MTD:
$2.29B
NVO:
$255.65B
MTD:
$1.20B
NVO:
$154.08B
Returns By Period
In the year-to-date period, MTD achieves a -5.57% return, which is significantly higher than NVO's -15.54% return. Over the past 10 years, MTD has outperformed NVO with an annualized return of 13.38%, while NVO has yielded a comparatively lower 11.78% annualized return.
MTD
-5.57%
7.94%
-7.65%
-16.48%
-3.51%
7.77%
13.38%
NVO
-15.54%
7.60%
-31.97%
-45.09%
10.66%
18.68%
11.78%
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Risk-Adjusted Performance
MTD vs. NVO — Risk-Adjusted Performance Rank
MTD
NVO
MTD vs. NVO - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Mettler-Toledo International Inc. (MTD) and Novo Nordisk A/S (NVO). 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.
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Dividends
MTD vs. NVO - Dividend Comparison
MTD has not paid dividends to shareholders, while NVO's dividend yield for the trailing twelve months is around 2.25%.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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% |
NVO Novo Nordisk A/S | 2.25% | 1.68% | 1.00% | 1.20% | 1.34% | 1.86% | 2.14% | 2.47% | 2.12% | 3.93% | 1.31% | 1.96% |
Drawdowns
MTD vs. NVO - Drawdown Comparison
The maximum MTD drawdown since its inception was -61.43%, smaller than the maximum NVO drawdown of -71.29%. Use the drawdown chart below to compare losses from any high point for MTD and NVO.
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Volatility
MTD vs. NVO - Volatility Comparison
Mettler-Toledo International Inc. (MTD) has a higher volatility of 14.02% compared to Novo Nordisk A/S (NVO) at 13.11%. This indicates that MTD's price experiences larger fluctuations and is considered to be riskier than NVO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Financials
MTD vs. NVO - Financials Comparison
This section allows you to compare key financial metrics between Mettler-Toledo International Inc. and Novo Nordisk A/S. 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. NVO - Profitability Comparison
MTD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Mettler-Toledo International Inc. reported a gross profit of 525.88M and revenue of 883.74M. Therefore, the gross margin over that period was 59.5%.
NVO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Novo Nordisk A/S reported a gross profit of 65.20B and revenue of 78.09B. Therefore, the gross margin over that period was 83.5%.
MTD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Mettler-Toledo International Inc. reported an operating income of 236.73M and revenue of 883.74M, resulting in an operating margin of 26.8%.
NVO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Novo Nordisk A/S reported an operating income of 38.79B and revenue of 78.09B, resulting in an operating margin of 49.7%.
MTD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Mettler-Toledo International Inc. reported a net income of 163.59M and revenue of 883.74M, resulting in a net margin of 18.5%.
NVO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Novo Nordisk A/S reported a net income of 29.03B and revenue of 78.09B, resulting in a net margin of 37.2%.