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
DateValue
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%