Mettler Toledo International (MTD) Gross Margin (2009 - 2026)

Mettler Toledo International (MTD) posted quarterly Gross Margin of 58.68% for Q1 2026, down 82.0% year-over-year from 326.02% in Q1 2025, and down 1.84% on a QoQ basis from 59.79% in Q4 2025.

Mettler Toledo International (MTD) Gross Margin (2009 - 2026) Analysis & Trends

Mettler Toledo International (MTD) has reported Gross Margin for 18 consecutive years, with 58.68% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin fell 82.0% year-over-year to 58.68%; the TTM figure through Mar 2026 stood at 59.19% (down 95.0% YoY), while the FY2025 annual figure was 59.37%, down 68.0% from the prior year.
  • Gross Margin came in at 58.68% for Q1 2026 at Mettler Toledo International, down from 59.79% in the prior quarter.
  • The five-year high for Gross Margin was 61.17% in Q4 2024, with the low at 57.87% in Q1 2022.
  • Average Gross Margin over 5 years is 59.31%, with a median of 59.31% recorded in 2022.
  • Across the five-year window, Gross Margin surged 217 bps in 2024 and sank 138 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 59.77% in 2022, then fell by 1 bps to 59.0% in 2023, then grew by 4 bps to 61.17% in 2024, then decreased by 2 bps to 59.79% in 2025, then slipped by 2 bps to 58.68% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 58.68%, 59.79%, and 59.19% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 87.77%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 70.37%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 60.34%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 63.35%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 99.91%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 53.95%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 32.64%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 66.09%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 58.68%
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 32.54%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 58.08%