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
DateValue
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%