Mettler Toledo International (MTD) Gross Margin (2009 - 2026)
Mettler Toledo International (MTD) posted quarterly Gross Margin of 63.29% for Q2 2026, up 432.0% year-over-year from 11.9% in Q2 2025, and up 7.85% on a QoQ basis from 58.68% in Q1 2026.
Mettler Toledo International (MTD) Gross Margin (2009 - 2026) Analysis & Trends
Mettler Toledo International has reported Gross Margin for 18 years, with the latest figure at 63.29% in Q2 2026.
- Gross Margin for Q2 2026 came in at 63.29%, up 432.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 60.26% (up 32.0% YoY), and the FY2025 annual result was 59.37%, down 68.0% from the prior year.
- Gross Margin grew to 63.29% in Q2 2026, from 58.68% in the prior quarter.
- Over five years, Gross Margin peaked at 63.29% in Q2 2026 and troughed at 57.87% in Q1 2022.
- A 5-year average of 59.53% and a median of 59.34% in 2022 frame the typical range for Gross Margin.
- The widest annual swing landed in 2025, when Gross Margin tumbled 138 bps; it then soared 432 bps in 2026.
- A 5-year view of Gross Margin shows it stood at 59.77% in 2022, then decreased by 1 bps to 59.0% in 2023, then rose by 4 bps to 61.17% in 2024, then dropped by 2 bps to 59.79% in 2025, then climbed by 6 bps to 63.29% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 63.29% in Q2 2026, 58.68% in Q1 2026, and 59.79% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.92 Bn | 209.86 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 140.37 Bn | 136.02 Bn | 3.61 Bn | 57.64% |
| 3 | Idexx Laboratories | 46.17 Bn | 45.97 Bn | 779.09 Mn | 64.04% |
| 4 | Agilent Technologies | 39.76 Bn | 37.96 Bn | 990.00 Mn | 53.95% |
| 5 | Iqvia Holdings | 39.41 Bn | 37.33 Bn | 1.44 Bn | 32.85% |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 99.91% |
| 7 | Illumina | 30.07 Bn | 28.90 Bn | 770.00 Mn | 66.44% |
| 8 | Mettler Toledo International | 28.62 Bn | 28.56 Bn | 650.22 Mn | 63.29% |
| 9 | Quest Diagnostics | 26.15 Bn | 25.53 Bn | 1.03 Bn | 33.75% |
| 10 | Labcorp Holdings | 25.87 Bn | 24.89 Bn | 1.01 Bn | 28.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.29% |
| Mar 31, 2026 | 58.68% |
| Dec 31, 2025 | 59.79% |
| Sep 30, 2025 | 59.19% |
| Jun 30, 2025 | 58.98% |
| Mar 31, 2025 | 59.51% |
| Dec 31, 2024 | 61.17% |
| Sep 30, 2024 | 59.97% |
| Jun 30, 2024 | 59.75% |
| Mar 31, 2024 | 59.20% |
| Dec 31, 2023 | 59.00% |
| Sep 30, 2023 | 59.37% |
| Jun 30, 2023 | 59.42% |
| Mar 31, 2023 | 58.85% |
| Dec 31, 2022 | 59.77% |
| Sep 30, 2022 | 59.31% |
| Jun 30, 2022 | 58.43% |
| Mar 31, 2022 | 57.87% |
| Dec 31, 2021 | 58.53% |
| Sep 30, 2021 | 58.39% |