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
DateValue
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%