Illumina vs Mettler Toledo
Illumina reported revenue of $4.3 billion in fiscal 2025, about the same as Mettler Toledo's $4.0 billion in fiscal 2025. Illumina's revenue fell 0.7% in its latest year, and Mettler Toledo's grew 4.0%. Free cash flow was $931 million at Illumina and $849 million at Mettler Toledo. Their fiscal years end in different months (December 28 and December 31), so the periods don't line up exactly.
Side by side
| Illumina | Mettler Toledo | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 28, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $4.3B | $4.0B |
| Revenue growth | −0.7% | 4.0% |
| Revenue growth a year, last 5 years | 6.0% | 5.5% |
| Gross margin | 66.1% | 59.4% |
| Operating margin | 18.6% | — |
| Net margin | 19.6% | 21.6% |
| Free cash flow | $931M | $849M |
| Free cash flow margin | 21.4% | 21.1% |
| Return on capital | 20.3% | 50.5% |
| Net debt to EBITDA | 0.3x | 1.7x |
| Dividends and buybacks | $742M | $800M |
| Change in diluted share count | −1.9% | −3.0% |
| Last close | $271.04 | $1,669.62 |
| P/E at the last close | 50.6× | 37.6× |
| Insider trades, last 12 months | bought $84,627, sold $592.9 million | sold $35.9 million |
| Piotroski F-score | 8 of 9 | 7 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
IlluminaMettler Toledo
Operating margin
Percent of revenue
IlluminaMettler Toledo
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
IlluminaMettler Toledo
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Illumina and Mettler Toledo pages.