Mettler Toledo International (MTD) Research & Development (2009 - 2026)
Mettler Toledo International (MTD) recorded Research & Development of $52.99 million in Q2 2026, up 7.5% from $49.29 million a year earlier and up 3.3% from the prior quarter.
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Analysis
Mettler Toledo International (MTD) Research & Development (2009 - 2026) Analysis & Trends
On a TTM basis, Mettler Toledo International's Research & Development came in at $208.01 million as of Jun 30, 2026, up 7.9% year-over-year; for FY2025, it came in at $199.37 million, up 5.3% from FY2024.
- Annual Research & Development has increased for five straight years, with a five-year compound annual growth rate of 7.3% (FY2020 to FY2025).
- Across earlier years, Research & Development came in at $189.36 million in FY2024 (+2.2%), $185.28 million in FY2023 (+4.6%), $177.12 million in FY2022 (+4.3%) and $169.77 million in FY2021 (+21.2%).
- The Q2 2026 figure is the highest quarterly Research & Development in data going back to Q2 2009.
- On a year-over-year basis, Research & Development has increased for five consecutive quarters, with growth averaging 6.2% over the last eight quarters.
- Peak year-over-year performance for Research & Development in the last five years was growth of 22.0% in Q3 2021, against a decline of 3.1% in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at $51.28 million (Q1 2026), $52.6 million (Q4 2025) and $51.14 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 367.91 Bn | 339.61 Bn | 7.76 Bn | 616.00 Mn |
| 2 | Amphenol | 215.11 Bn | 209.81 Bn | 3.55 Bn | - |
| 3 | Deere | 167.41 Bn | 176.17 Bn | 4.66 Bn | 567.00 Mn |
| 4 | Eaton | 166.85 Bn | 164.08 Bn | 2.86 Bn | 227.00 Mn |
| 5 | Parker-Hannifin | 121.33 Bn | 119.46 Bn | 2.25 Bn | - |
| 6 | Vertiv Holdings | 93.43 Bn | 84.05 Bn | 1.23 Bn | - |
| 7 | Emerson Electric | 90.26 Bn | 83.02 Bn | 2.66 Bn | - |
| 8 | 3M | 82.47 Bn | 63.93 Bn | 2.68 Bn | 302.00 Mn |
| 9 | Illinois Tool Works | 75.21 Bn | 71.77 Bn | 1.90 Bn | - |
| 10 | Mettler Toledo International | 33.63 Bn | 33.39 Bn | 650.22 Mn | 52.99 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.99 Mn |
| Mar 31, 2026 | 51.28 Mn |
| Dec 31, 2025 | 52.60 Mn |
| Sep 30, 2025 | 51.14 Mn |
| Jun 30, 2025 | 49.29 Mn |
| Mar 31, 2025 | 46.35 Mn |
| Dec 31, 2024 | 50.05 Mn |
| Sep 30, 2024 | 47.12 Mn |
| Jun 30, 2024 | 45.77 Mn |
| Mar 31, 2024 | 46.42 Mn |
| Dec 31, 2023 | 46.44 Mn |
| Sep 30, 2023 | 46.13 Mn |
| Jun 30, 2023 | 47.25 Mn |
| Mar 31, 2023 | 45.48 Mn |
| Dec 31, 2022 | 45.94 Mn |
| Sep 30, 2022 | 44.13 Mn |
| Jun 30, 2022 | 44.02 Mn |
| Mar 31, 2022 | 43.03 Mn |
| Dec 31, 2021 | 45.62 Mn |
| Sep 30, 2021 | 42.28 Mn |
API Access
Mettler Toledo International Research & Development API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=research-and-development&ticker=MTD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "ticker": "MTD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=research-and-development&ticker=MTD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();