Mettler Toledo International (MTD) Operating Margin (2009 - 2026)
Mettler Toledo International (MTD) posted Operating Margin of 31.97% for Q2 2026, up 26.73% on a QoQ basis from 25.23% in Q1 2026, and up 352.0% year-over-year from 7.07% in Q2 2025.
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Mettler Toledo International (MTD) Operating Margin (2009 - 2026) Analysis & Trends
Mettler Toledo International has reported Operating Margin for 18 years, with the latest figure at 31.97% in Q2 2026.
- On a quarterly basis, Operating Margin rose 352.0% year-over-year to 31.97% in Q2 2026; TTM through Jun 2026 was 29.75%, a 16.0% decrease from a year earlier, with the FY2025 full-year figure at 29.18%, down 129.0% from the prior year.
- Operating Margin was 31.97% for Q2 2026 at Mettler Toledo International, up from 25.23% in the prior quarter.
- The five-year high for Operating Margin was 33.74% in Q4 2022, with the low at 25.23% in Q1 2026.
- Average Operating Margin over 5 years is 29.61%, with a median of 29.48% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Margin sank 500 bps in 2023, then surged 473 bps in 2024.
- Over 5 years, Operating Margin stood at 33.74% in 2022, then slipped by 15 bps to 28.74% in 2023, then increased by 16 bps to 33.47% in 2024, then fell by 5 bps to 31.73% in 2025, then advanced by 1 bps to 31.97% in 2026.
- The last three Operating Margin figures came in at 31.97% (Q2 2026), 25.23% (Q1 2026), and 31.73% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.60 Bn | 81.27 Bn | 2.68 Bn | 15.14% |
| 2 | Illinois Tool Works | 76.59 Bn | 75.75 Bn | 1.90 Bn | 26.67% |
| 3 | Ametek | 53.22 Bn | 52.72 Bn | 735.04 Mn | 25.84% |
| 4 | Rockwell Automation | 46.19 Bn | 45.71 Bn | 1.14 Bn | 20.80% |
| 5 | Mettler Toledo International | 27.86 Bn | 27.81 Bn | 650.22 Mn | 31.97% |
| 6 | Dover | 25.40 Bn | 23.64 Bn | 880.61 Mn | 17.89% |
| 7 | Nordson | 17.24 Bn | 17.13 Bn | 453.73 Mn | 27.28% |
| 8 | Fortive | 16.78 Bn | 16.41 Bn | 695.30 Mn | 19.14% |
| 9 | RBC Bearings | 15.32 Bn | 15.20 Bn | 247.80 Mn | 27.10% |
| 10 | Cognex | 10.07 Bn | 9.66 Bn | 205.77 Mn | 29.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.97% |
| Mar 31, 2026 | 25.23% |
| Dec 31, 2025 | 31.73% |
| Sep 30, 2025 | 29.52% |
| Jun 30, 2025 | 28.45% |
| Mar 31, 2025 | 26.36% |
| Dec 31, 2024 | 33.47% |
| Sep 30, 2024 | 30.79% |
| Jun 30, 2024 | 29.45% |
| Mar 31, 2024 | 27.83% |
| Dec 31, 2023 | 28.74% |
| Sep 30, 2023 | 30.62% |
| Jun 30, 2023 | 30.51% |
| Mar 31, 2023 | 28.23% |
| Dec 31, 2022 | 33.74% |
| Sep 30, 2022 | 30.95% |
| Jun 30, 2022 | 28.99% |
| Mar 31, 2022 | 26.42% |
| Dec 31, 2021 | 30.52% |
| Sep 30, 2021 | 28.59% |