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| Date | Value |
|---|---|
| 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% |