MTD vs. SKX

Last updated Jun 13, 2026

MTD (Mettler-Toledo International Inc.) and SKX (Skechers U.S.A., Inc.) are both stocks. MTD operates in Diagnostics & Research (Healthcare), while SKX operates in Footwear & Accessories (Consumer Cyclical). At a 0.29 correlation, their price movements are largely independent.

Performance

MTD vs. SKX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mettler-Toledo International Inc. (MTD) and Skechers U.S.A., Inc. (SKX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

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%

SKX

• 1D: —
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MTD vs. SKX - 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%
SKX Skechers U.S.A., Inc.	0.00%	-6.11%	7.86%	48.61%	-3.34%	20.76%	-16.79%	88.69%	-39.51%	53.95%

Correlation

The correlation between MTD and SKX is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.01
Correlation (3Y) Calculated over the trailing 3-year period	0.29
Correlation (5Y) Calculated over the trailing 5-year period	0.35
Correlation (10Y) Calculated over the trailing 10-year period	0.31
Correlation (All Time) Calculated using the full available price history since Jun 9, 1999	0.29

Over the past year, the correlation between MTD and SKX has dropped to 0.01 - well below their long-term average of 0.29, suggesting their price drivers have been diverging.

Fundamentals

Market Cap MTD : $22.95B SKX : $9.55B
EPS MTD : $42.68 SKX : $4.40
PE Ratio MTD : 26.51 SKX : 14.35
PEG Ratio MTD : 4.07 SKX : 0.09
PS Ratio MTD : 5.67 SKX : 1.01
PB Ratio MTD : 6.26 SKX : 2.00
Total Revenue (TTM) MTD : $4.09B SKX : $9.41B
Gross Profit (TTM) MTD : $2.36B SKX : $4.96B
EBITDA (TTM) MTD : $1.24B SKX : $1.07B

Return for Risk

MTD vs. SKX — Risk / Return Rank

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

MTD

MTD Risk / Return Rank: 35
MTD Sharpe Ratio Rank: 37
MTD Sortino Ratio Rank: 32
MTD Omega Ratio Rank: 32
MTD Calmar Ratio Rank: 38
MTD Martin Ratio Rank: 36

SKX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

MTD vs. SKX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mettler-Toledo International Inc. (MTD) and Skechers U.S.A., Inc. (SKX). 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	SKX	Difference
Sharpe ratio: Return per unit of total volatility	-0.15	—	—
Sortino ratio: Return per unit of downside risk	0.02	—	—
Omega ratio: Gain probability vs. loss probability	1.00	—	—
Calmar ratio: Return relative to maximum drawdown	-0.15	—	—
Martin ratio: Return relative to average drawdown	-0.42	—	—

Drawdowns

Drawdown Indicators

	MTD	SKX	Difference
Max Drawdown Largest peak-to-trough decline	-61.43%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-31.90%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-36.61%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-43.47%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-43.47%	—	—
Current Drawdown Current decline from peak	-33.54%	—	—
Average Drawdown Average peak-to-trough decline	-13.69%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	11.48%	—	—

Volatility

Volatility by Period

	MTD	SKX	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.92%	—	—
Volatility (6M) Calculated over the trailing 6-month period	26.16%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	32.17%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	32.15%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	29.78%	—	—

Dividends

MTD vs. SKX - Dividend Comparison

Neither MTD nor SKX has paid dividends to shareholders.

Tickers have no history of dividend payments

Financials

MTD vs. SKX - Profitability Comparison

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

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%.

SKX - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a gross profit of 1.30B and revenue of 2.44B. Therefore, the gross margin over that period was 53.3%.

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%.

SKX - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported an operating income of 173.08M and revenue of 2.44B, resulting in an operating margin of 7.1%.

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%.

SKX - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Skechers U.S.A., Inc. reported a net income of 170.50M and revenue of 2.44B, resulting in a net margin of 7.0%.

Frequently Asked Questions

Can I hold both MTD and SKX in my portfolio?

MTD and SKX have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.