Mettler Toledo International (MTD) Tax Rate (2009 - 2026)

Mettler Toledo International (MTD) posted quarterly Tax Rate of 19.17% for Q1 2026, up 18.0% year-over-year from 16.25% in Q1 2025, and up 45.7% on a QoQ basis from 13.16% in Q4 2025.

Mettler Toledo International (MTD) Tax Rate (2009 - 2026) Analysis & Trends

Mettler Toledo International (MTD) has reported Tax Rate for 18 consecutive years, with 19.17% the latest figure, recorded in 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 came in at 19.17% for Q1 2026 at Mettler Toledo International, up from 13.16% 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 17.97%, with a median of 18.78% recorded in 2023.
  • Across the five-year window, Tax Rate plunged 1000 bps in 2024 and surged 984 bps in 2025, its largest moves.
  • Year by year, Tax Rate stood at 18.21% in 2022, then increased by 13 bps to 20.54% in 2023, then slipped by 4 bps to 19.79% in 2024, then slumped by 33 bps to 13.16% in 2025, then surged by 46 bps to 19.17% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 19.17%, 13.16%, and 19.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 4.04%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 21.66%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -0.35%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 16.91%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 17.99%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.17%
10 Quest Diagnostics 23.76 Bn 23.67 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%