Mettler Toledo International (MTD) Gross Margin (2009 - 2026)
Mettler Toledo International (MTD) recorded quarterly Gross Margin of 58.68% in Q1 2026, down 1.84% quarter-over-quarter from 59.79% in Q4 2025, and down 82.0% on a YoY basis from 326.02% in Q1 2025.
Mettler Toledo International (MTD) Gross Margin (2009 - 2026) Analysis & Trends
Mettler Toledo International's Gross Margin history runs 18 years deep, the most recent figure standing at 58.68% for 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 was 58.68% for Q1 2026 at Mettler Toledo International, down from 59.79% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 61.17% in Q4 2024 to a low of 57.87% in Q1 2022.
- Historically, Gross Margin has averaged 59.31% across 5 years, with a median of 59.31% in 2022.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 217 bps in 2024, then plunged 138 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 59.77% in 2022, then slipped by 1 bps to 59.0% in 2023, then gained by 4 bps to 61.17% in 2024, then declined by 2 bps to 59.79% in 2025, then fell by 2 bps to 58.68% in 2026.
- The last three Gross Margin figures came in at 58.68% (Q1 2026), 59.79% (Q4 2025), and 59.19% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 87.77% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 70.37% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 60.34% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 63.35% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 53.95% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 32.64% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 99.91% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 66.09% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 58.68% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 32.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |