Mettler Toledo International (MTD) Tax Rate (2009 - 2026)
Mettler Toledo International (MTD) recorded quarterly Tax Rate of 19.17% in Q1 2026, up 45.7% quarter-over-quarter from 13.16% in Q4 2025, and up 18.0% on a YoY basis from 16.25% in Q1 2025.
Mettler Toledo International (MTD) Tax Rate (2009 - 2026) Analysis & Trends
Mettler Toledo International's Tax Rate history runs 18 years deep, the most recent figure standing at 19.17% for Q1 2026.
- In Q1 2026, Tax Rate rose 18.0% year-over-year to 19.17%; the TTM figure through Mar 2026 stood at 17.18% (up 55.0% YoY), while the FY2025 annual figure was 17.13%, up 35.0% from the prior year.
- Tax Rate was 19.17% for Q1 2026 at Mettler Toledo International, up from 13.16% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 20.54% in Q4 2023 to a low of 8.78% in Q2 2024.
- Historically, Tax Rate has averaged 17.97% across 5 years, with a median of 18.78% in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate tumbled 1000 bps in 2024, then surged 984 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 18.21% in 2022, then advanced by 13 bps to 20.54% in 2023, then fell by 4 bps to 19.79% in 2024, then sank by 33 bps to 13.16% in 2025, then surged by 46 bps to 19.17% in 2026.
- The last three Tax Rate figures came in at 19.17% (Q1 2026), 13.16% (Q4 2025), and 19.22% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 16.91% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 17.99% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -0.35% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 19.17% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 22.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.17% |
| Mar 31, 2026 | 19.17% |
| Dec 31, 2025 | 13.16% |
| Dec 31, 2025 | 13.16% |
| Sep 30, 2025 | 19.22% |
| Sep 30, 2025 | 19.22% |
| Jun 30, 2025 | 18.62% |
| Jun 30, 2025 | 18.62% |
| Mar 31, 2025 | 18.99% |
| Mar 31, 2025 | 18.99% |
| Dec 31, 2024 | 19.79% |
| Dec 31, 2024 | 19.79% |
| Sep 30, 2024 | 18.32% |
| Sep 30, 2024 | 18.32% |
| Jun 30, 2024 | 8.78% |
| Jun 30, 2024 | 8.78% |
| Mar 31, 2024 | 19.51% |
| Mar 31, 2024 | 19.51% |
| Dec 31, 2023 | 20.54% |
| Dec 31, 2023 | 20.54% |