Mettler Toledo International (MTD) Tax Rate (2009 - 2026)
Mettler Toledo International (MTD) posted Tax Rate of 19.52% for Q2 2026, up 1.82% on a QoQ basis from 19.17% in Q1 2026, and up 90.0% year-over-year from 10.28% in Q2 2025.
Analysis
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.
- On a quarterly basis, Tax Rate rose 90.0% year-over-year to 19.52% in Q2 2026; TTM through Jun 2026 was 17.47%, a 150.0% decrease from a year earlier, with the FY2025 full-year figure at 17.13%, up 35.0% from the prior year.
- Tax Rate was 19.52% for Q2 2026 at Mettler Toledo International, up from 19.17% in the prior quarter.
- The five-year high for Tax Rate was 20.54% in Q4 2023, with the low at 8.78% in Q2 2024.
- Average Tax Rate over 5 years is 18.05%, with a median of 18.89% recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 1000 bps in 2024, then soared 984 bps in 2025.
- Over 5 years, Tax Rate stood at 18.21% in 2022, then climbed by 13 bps to 20.54% in 2023, then retreated by 4 bps to 19.79% in 2024, then plunged by 33 bps to 13.16% in 2025, then soared by 48 bps to 19.52% in 2026.
- The last three Tax Rate figures came in at 19.52% (Q2 2026), 19.17% (Q1 2026), and 13.16% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | 3M | 84.60 Bn | 81.27 Bn | 2.68 Bn | 16.34% |
| 2 | Illinois Tool Works | 76.59 Bn | 75.75 Bn | 1.90 Bn | 24.54% |
| 3 | Ametek | 53.22 Bn | 52.72 Bn | 735.04 Mn | 17.36% |
| 4 | Rockwell Automation | 46.19 Bn | 45.71 Bn | 1.14 Bn | 13.19% |
| 5 | Mettler Toledo International | 27.86 Bn | 27.81 Bn | 650.22 Mn | 19.52% |
| 6 | Dover | 25.40 Bn | 23.64 Bn | 880.61 Mn | 19.38% |
| 7 | Nordson | 17.24 Bn | 17.13 Bn | 453.73 Mn | 17.80% |
| 8 | Fortive | 16.78 Bn | 16.41 Bn | 695.30 Mn | 12.37% |
| 9 | RBC Bearings | 15.32 Bn | 15.20 Bn | 247.80 Mn | 22.04% |
| 10 | Cognex | 10.07 Bn | 9.66 Bn | 205.77 Mn | 18.53% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.52% |
| Mar 31, 2026 | 19.17% |
| Dec 31, 2025 | 13.16% |
| Sep 30, 2025 | 19.22% |
| Jun 30, 2025 | 18.62% |
| Mar 31, 2025 | 18.99% |
| Dec 31, 2024 | 19.79% |
| Sep 30, 2024 | 18.32% |
| Jun 30, 2024 | 8.78% |
| Mar 31, 2024 | 19.51% |
| Dec 31, 2023 | 20.54% |
| Sep 30, 2023 | 19.72% |
| Jun 30, 2023 | 18.78% |
| Mar 31, 2023 | 16.85% |
| Dec 31, 2022 | 18.21% |
| Sep 30, 2022 | 20.04% |
| Jun 30, 2022 | 17.38% |
| Mar 31, 2022 | 18.31% |
| Dec 31, 2021 | 19.27% |
| Sep 30, 2021 | 17.73% |