DHR vs MTD

Danaher (DHR) and Mettler Toledo (MTD) compared side by side. Danaher (DHR) is larger, with a market cap of $162.0B versus $33.5B for Mettler Toledo, about 4.8 times the size. On trailing earnings, MTD is cheaper at 37.6x versus 38.2x for DHR.

Head to head

MetricDHRMTD
Market cap$162.0B$33.5B
P/E (TTM)38.2x37.6x
Forward P/E24.8x32.3x
Revenue (TTM)$25.6B$4.1B
Revenue growth8.3%4.5%
Gross margin59.4%60.3%
Operating margin21.1%31.2%
Free cash flow$5.5B$864.0M
Dividend yield0.69%None
1-year return+4.3%+16.2%
5-year return (annual)-3.2%+2.6%
Max drawdown-65%-61%
FI Handbook gradeC+C+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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20222023202420252026
DHRMTD

DHR vs MTD FAQ

Which is bigger, DHR or MTD?

Danaher (DHR) is larger, with a market cap of $162.0B versus $33.5B for Mettler Toledo, about 4.8 times the size.

Is DHR or MTD cheaper?

On trailing earnings, MTD is cheaper at 37.6x versus 38.2x for DHR. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, DHR or MTD?

MTD returned +16.2% over the past year including dividends, versus +4.3% for DHR, through October 23, 2026.

Which pays a higher dividend, DHR or MTD?

DHR yields 0.69%; MTD does not pay a dividend.

Full pages: Danaher · Mettler Toledo