Mettler Toledo International (MTD) Tax Rate (2009 - 2026)
Mettler Toledo International (MTD) posted quarterly Tax Rate of 19.52% for Q2 2026, up 90.0% year-over-year from 10.28% in Q2 2025, and up 1.82% on a QoQ basis from 19.17% in Q1 2026.
Mettler Toledo International (MTD) Tax Rate (2009 - 2026) Analysis & Trends
Mettler Toledo International has reported Tax Rate for 18 years, with the latest figure at 19.52% in Q2 2026.
- Tax Rate for Q2 2026 came in at 19.52%, up 90.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 17.47% (down 150.0% YoY), and the FY2025 annual result was 17.13%, up 35.0% from the prior year.
- Tax Rate climbed to 19.52% in Q2 2026, from 19.17% in the prior quarter.
- Over five years, Tax Rate peaked at 20.54% in Q4 2023 and troughed at 8.78% in Q2 2024.
- A 5-year average of 18.05% and a median of 18.89% in 2023 frame the typical range for Tax Rate.
- The widest annual swing landed in 2024, when Tax Rate slumped 1000 bps; it then surged 984 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 18.21% in 2022, then gained by 13 bps to 20.54% in 2023, then declined by 4 bps to 19.79% in 2024, then slumped by 33 bps to 13.16% in 2025, then jumped by 48 bps to 19.52% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.52% in Q2 2026, 19.17% in Q1 2026, and 13.16% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.86 Bn | 209.80 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 140.41 Bn | 136.07 Bn | 3.61 Bn | 19.29% |
| 3 | Idexx Laboratories | 46.33 Bn | 46.13 Bn | 779.09 Mn | 18.89% |
| 4 | Agilent Technologies | 39.71 Bn | 37.90 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 39.35 Bn | 37.27 Bn | 1.44 Bn | 19.93% |
| 6 | Natera | 38.97 Bn | 37.87 Bn | 696.04 Mn | -0.35% |
| 7 | Illumina | 30.09 Bn | 28.92 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.70 Bn | 28.65 Bn | 650.22 Mn | 19.52% |
| 9 | Quest Diagnostics | 26.19 Bn | 25.56 Bn | 1.03 Bn | 21.36% |
| 10 | Labcorp Holdings | 25.89 Bn | 24.91 Bn | 1.01 Bn | 13.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 19.52% |
| Jun 30, 2026 | 19.52% |
| Jun 30, 2026 | 19.52% |
| Mar 31, 2026 | 19.17% |
| Mar 31, 2026 | 19.17% |
| Mar 31, 2026 | 19.17% |
| Dec 31, 2025 | 13.16% |
| Dec 31, 2025 | 13.16% |
| Dec 31, 2025 | 13.16% |
| Sep 30, 2025 | 19.22% |
| Sep 30, 2025 | 19.22% |
| Sep 30, 2025 | 19.22% |
| Jun 30, 2025 | 18.62% |
| Jun 30, 2025 | 18.62% |
| Jun 30, 2025 | 18.62% |
| Mar 31, 2025 | 18.99% |
| Mar 31, 2025 | 18.99% |
| Mar 31, 2025 | 18.99% |
| Dec 31, 2024 | 19.79% |
| Dec 31, 2024 | 19.79% |