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
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%