Mettler Toledo International (MTD) Operating Margin (2009 - 2026)
Mettler Toledo International (MTD) recorded quarterly Operating Margin of 25.23% in Q1 2026, down 20.48% quarter-over-quarter from 31.73% in Q4 2025, and down 113.0% on a YoY basis from 194.06% in Q1 2025.
Mettler Toledo International (MTD) Operating Margin (2009 - 2026) Analysis & Trends
Mettler Toledo International's Operating Margin history runs 18 years deep, the most recent figure standing at 25.23% for Q1 2026.
- In Q1 2026, Operating Margin fell 113.0% year-over-year to 25.23%; the TTM figure through Mar 2026 stood at 28.88% (down 129.0% YoY), while the FY2025 annual figure was 29.18%, down 129.0% from the prior year.
- Operating Margin was 25.23% for Q1 2026 at Mettler Toledo International, down from 31.73% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 33.74% in Q4 2022 to a low of 25.23% in Q1 2026.
- Historically, Operating Margin has averaged 29.47% across 5 years, with a median of 29.45% in 2024.
- The sharpest annual moves came in 2023 and 2024: Operating Margin slumped 500 bps in 2023, then jumped 473 bps in 2024.
- A 5-year view of Operating Margin shows it stood at 33.74% in 2022, then decreased by 15 bps to 28.74% in 2023, then grew by 16 bps to 33.47% in 2024, then declined by 5 bps to 31.73% in 2025, then declined by 20 bps to 25.23% in 2026.
- The last three Operating Margin figures came in at 25.23% (Q1 2026), 31.73% (Q4 2025), and 29.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -3.71% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 16.93% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 22.58% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 31.78% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 21.74% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 12.38% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -13.42% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 19.16% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 25.23% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 13.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 27.52% |