Risk Sleuth
MTD · 10-K filed 6 Feb 2026 · year to 31 Dec 2025

Mettler-Toledo

25 named things its latest annual report says its results depend on, each in the company's own words. 10 of them are also named by other companies we've read.

Customers

Process analytics pharmaceutical and biotech markets

earns from · More than half of our process analytics sales
More than half of our process analytics sales are to the pharmaceutical and biotech markets, where our customers need fast and secure scale-up and production that meet the validation processes required for GMP (Good Manufacturing Processes) and other regulatory standards like the USP (U.S. Pharmacopeia) regulations for ultrapure water quality.Business (Item 1)

Pharmaceutical and biotechnology industry

earns fromnamed as a risk
Our products are used extensively in the pharma/biopharmaceutical, food manufacturing, and chemical industries.Risk factors (Item 1A)

Suppliers

Single-source component suppliers

depends onnamed as a risk
Some items are purchased from a limited or single source of supply, and disruption of these sources whether as a result of issues with our suppliers' operation or the timely availability of shipments from freight carriers could affect our ability to manufacture products.Risk factors (Item 1A)

Also named by CSCO, LRCX, P, PROF, RMD

Partners and platforms

Key distributors

earns fromnamed as a risk
With respect to certain products, we rely on one or a few key distributors for a product or market, and the loss of these distributors could reduce our revenue and net earnings.Risk factors (Item 1A)

Also named by AIG

Regional logistics centers

depends onnamed as a risk
In addition, a large portion of our products and spare parts are distributed through regional logistics centers, in which certain logistics activities are outsourced to third parties.Risk factors (Item 1A)

Other companies

Revolving credit facility lenders

depends on · $813.7 million outstandingnamed as a risk
Our credit facility is provided by a group of 13 financial institutions, which individually have between 4% and 11% of the total funding commitment.Risk factors (Item 1A)

Ohaus

earns from
A significant portion of our sales in the Americas is generated through indirect channels, including sales of our Ohaus-branded products.Business (Item 1)

Places

China

concentrated in · 16% of sales to external customers, 29% of total segment profit, and approximately 29% of our global production during 2025named as a risk
For example, our Chinese operations accounted for 16% of sales to external customers, 29% of total segment profit, and approximately 29% of our global production during 2025.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

North and South America

earns from · 42%
Our business is geographically diversified, with net sales in 2025 derived 42% from North and South America, 29% from Europe, and 29% from Asia and other countries.Business (Item 1)

Mexico

operates innamed as a risk
Political policies in the U.S., China, Europe, Mexico, and Canada may affect global trade, reduce domestic purchasing power, and create uncertainty.Risk factors (Item 1A)

Also named by AAP, AME, AMRC, ANET, AOS, ARES, AYI, AZO and 83 more

Switzerland

operates innamed as a risk
We have more Swiss franc expenses than we do Swiss franc sales because we develop and manufacture products in Switzerland that we sell globally and have a number of corporate functions located in Switzerland.Risk factors (Item 1A)

Also named by EL, EW, GGG, HSY, ISRG

Commodities and inputs

Chinese renminbi

exposed to its price · approximately $2.2 million to $2.6 million annuallynamed as a risk
The impact on our earnings before tax of the Chinese renminbi weakening 1% against the U.S. dollar is a reduction of approximately $2.2 million to $2.6 million annually.Risk factors (Item 1A)

Also named by AAOI, ALB, AOS, APD, BBW, BWA, CGNX, COHR and 15 more

Swiss franc

exposed to its price · approximately $2.8 million to $3.1 million annuallynamed as a risk
We estimate a 1% strengthening of the Swiss franc against the euro would reduce our earnings before tax by approximately $2.8 million to $3.1 million annually.Risk factors (Item 1A)

Also named by HALO, LH

Euro

exposed to its pricenamed as a risk
When the euro weakens against the U.S. dollar and Swiss franc, our earnings also go down.Risk factors (Item 1A)

Also named by ABBV, ABNB, ABT, ADBE, ADI, AME, AMG, AMGN and 186 more

Europe energy supply

exposed to its pricenamed as a risk
This may impact energy availability and costs in Europe and could impact our European manufacturing operations and demand for our products in Europe.Risk factors (Item 1A)

Regulators

U.S. Food and Drug Administration (FDA) 21 CFR Part 11

subject to
FreeWeigh.Net and FormWeigh.Net provide full network capability and enable customers to collect and archive data in compliance with U.S. Food and Drug Administration requirements, 21 CFR Part 11.Business (Item 1)

Laws and programs

U.S. tariffs and Chinese retaliatory tariffs

subject to · approximately $50 million in 2025named as a risk
In 2025, the U.S. government enacted incremental tariff rates on imports from several foreign countries, which remain subject to negotiation and change, and the Chinese government implemented retaliatory tariffs resulting in incremental tariff costs of approximately $50 million in 2025.Risk factors (Item 1A)

China currency conversion and repatriation controls

subject to · $19.2 million of cashnamed as a risk
For example, we need government approval to convert earnings from our operations in China into other currencies and to repatriate these funds.Risk factors (Item 1A)

OECD 15% global minimum tax

subject to · 15%named as a risk
While the provision to alter the way profit is allocated by jurisdiction is not expected to impact the Company, the 15% minimum tax by jurisdiction may adversely impact our global tax provision.Risk factors (Item 1A)

Most Favored Nation drug pricing

named as a risk
Changes in governmental regulations, such as policies reducing drug pricing like Most Favored Nation pricing, or a decline in government funding of research or education could reduce some customers’ ability to purchase our products.Risk factors (Item 1A)

Also named by EXEL, NBIX, VTRS

SEC conflict minerals rule

subject tonamed as a risk
These requirements could adversely affect the sourcing, availability, and pricing of materials used in the manufacturing of our products.Risk factors (Item 1A)

Also named by FFIV, VPG

U.S. government research funding

earns fromnamed as a risk
For example, recent cuts in U.S. governmental funding related to medical and scientific research has economically impacted government agencies and academic institutions who were the recipients of this funding in the past.Risk factors (Item 1A)

European General Data Protection Regulation

subject tonamed as a risk
In addition, regulatory or legislative action related to cybersecurity, privacy, and data protection worldwide, such as the European General Data Protection Regulation, increases the costs to develop, implement, or secure our products or services.Risk factors (Item 1A)

Weights and measures regulation

subject to
Our products are subject to various regulatory standards and approvals by weights and measures regulatory authorities.Business (Item 1)

Technology

Blue Ocean ERP program

depends on · more than 95% of our usersnamed as a risk
In addition, the program has increased our reliance on a single information technology system, which would have greater consequences should we experience a system disruption.Risk factors (Item 1A)