Thermo Fisher Scientific Inc. (BIT:1TMO)
 488.20
 -0.95 (-0.19%)
  Last updated: Oct 30, 2025, 9:00 AM CET
Thermo Fisher Scientific Income Statement
Financials in millions USD. Fiscal year is January - December.
 Millions USD. Fiscal year is Jan - Dec.
Fiscal Year  | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2015 - 2019 | 
|---|---|---|---|---|---|---|---|
Period Ending  | Sep '25 Sep 27, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2015 - 2019 | 
| 43,736 | 42,879 | 42,857 | 44,915 | 39,211 | 32,218 | Upgrade   | |
Revenue Growth (YoY)     | 3.22% | 0.05% | -4.58% | 14.55% | 21.70% | 26.14% | Upgrade   | 
Cost of Revenue     | 25,634 | 25,130 | 25,662 | 25,944 | 19,573 | 16,214 | Upgrade   | 
Gross Profit     | 18,102 | 17,749 | 17,195 | 18,971 | 19,638 | 16,004 | Upgrade   | 
Selling, General & Admin     | 8,461 | 8,595 | 8,381 | 8,940 | 7,857 | 6,940 | Upgrade   | 
Research & Development     | 1,415 | 1,390 | 1,337 | 1,471 | 1,406 | 1,181 | Upgrade   | 
Other Operating Expenses     | 185 | 30 | 1 | - | 3 | 16 | Upgrade   | 
Operating Expenses     | 10,061 | 10,015 | 9,719 | 10,411 | 9,266 | 8,137 | Upgrade   | 
Operating Income     | 8,041 | 7,734 | 7,476 | 8,560 | 10,372 | 7,867 | Upgrade   | 
Interest Expense     | -1,371 | -1,390 | -1,375 | -726 | -536 | -553 | Upgrade   | 
Interest & Investment Income     | 962 | 1,078 | 879 | 272 | 43 | 65 | Upgrade   | 
Earnings From Equity Investments     | 24 | -42 | -59 | -172 | -4 | -3 | Upgrade   | 
Currency Exchange Gain (Loss)     | 22 | -16 | -29 | 102 | 162 | - | Upgrade   | 
Other Non Operating Income (Expenses)     | -45 | 5 | 5 | -35 | -161 | 5 | Upgrade   | 
EBT Excluding Unusual Items     | 7,633 | 7,369 | 6,897 | 8,001 | 9,876 | 7,381 | Upgrade   | 
Merger & Restructuring Charges     | -114 | -104 | -220 | -68 | -72 | -132 | Upgrade   | 
Gain (Loss) on Sale of Investments     | 20 | 21 | -46 | -161 | 66 | 10 | Upgrade   | 
Asset Writedown     | -252 | -252 | -219 | -46 | -122 | -32 | Upgrade   | 
Legal Settlements     | - | - | -19 | - | - | - | Upgrade   | 
Other Unusual Items     | -168 | -39 | -154 | -63 | -911 | - | Upgrade   | 
Pretax Income     | 7,119 | 6,995 | 6,239 | 7,663 | 8,837 | 7,227 | Upgrade   | 
Income Tax Expense     | 544 | 657 | 284 | 703 | 1,109 | 850 | Upgrade   | 
Earnings From Continuing Operations     | 6,575 | 6,338 | 5,955 | 6,960 | 7,728 | 6,377 | Upgrade   | 
Net Income to Company     | 6,575 | 6,338 | 5,955 | 6,960 | 7,728 | 6,377 | Upgrade   | 
Minority Interest in Earnings     | -5 | -3 | 40 | -10 | -3 | -2 | Upgrade   | 
Net Income     | 6,570 | 6,335 | 5,995 | 6,950 | 7,725 | 6,375 | Upgrade   | 
Net Income to Common     | 6,570 | 6,335 | 5,995 | 6,950 | 7,725 | 6,375 | Upgrade   | 
Net Income Growth     | 7.09% | 5.67% | -13.74% | -10.03% | 21.18% | 72.48% | Upgrade   | 
Shares Outstanding (Basic)     | 379 | 382 | 386 | 392 | 394 | 396 | Upgrade   | 
Shares Outstanding (Diluted)     | 379 | 383 | 388 | 394 | 397 | 399 | Upgrade   | 
Shares Change (YoY)     | -1.30% | -1.29% | -1.52% | -0.76% | -0.50% | -0.99% | Upgrade   | 
EPS (Basic)     | 17.34 | 16.58 | 15.53 | 17.73 | 19.61 | 16.10 | Upgrade   | 
EPS (Diluted)     | 17.32 | 16.53 | 15.45 | 17.63 | 19.46 | 15.96 | Upgrade   | 
EPS Growth     | 8.54% | 6.99% | -12.37% | -9.40% | 21.93% | 74.05% | Upgrade   | 
Free Cash Flow     | 6,111 | 7,267 | 6,927 | 6,911 | 6,789 | 6,815 | Upgrade   | 
Free Cash Flow Per Share     | 16.11 | 18.97 | 17.85 | 17.54 | 17.10 | 17.08 | Upgrade   | 
Dividend Per Share    | 1.680 | 1.560 | 1.400 | 1.200 | 1.040 | 0.880 | Upgrade   | 
Dividend Growth     | 10.53% | 11.43% | 16.67% | 15.38% | 18.18% | 15.79% | Upgrade   | 
Gross Margin     | 41.39% | 41.39% | 40.12% | 42.24% | 50.08% | 49.67% | Upgrade   | 
Operating Margin     | 18.39% | 18.04% | 17.44% | 19.06% | 26.45% | 24.42% | Upgrade   | 
Profit Margin     | 15.02% | 14.77% | 13.99% | 15.47% | 19.70% | 19.79% | Upgrade   | 
Free Cash Flow Margin     | 13.97% | 16.95% | 16.16% | 15.39% | 17.31% | 21.15% | Upgrade   | 
EBITDA     | 10,835 | 10,842 | 10,882 | 11,941 | 12,964 | 10,192 | Upgrade   | 
EBITDA Margin     | 24.77% | 25.29% | 25.39% | 26.59% | 33.06% | 31.63% | Upgrade   | 
D&A For EBITDA     | 2,794 | 3,108 | 3,406 | 3,381 | 2,592 | 2,325 | Upgrade   | 
EBIT     | 8,041 | 7,734 | 7,476 | 8,560 | 10,372 | 7,867 | Upgrade   | 
EBIT Margin     | 18.39% | 18.04% | 17.44% | 19.06% | 26.45% | 24.42% | Upgrade   | 
Effective Tax Rate     | 7.64% | 9.39% | 4.55% | 9.17% | 12.55% | 11.76% | Upgrade   | 
Revenue as Reported     | 43,736 | 42,879 | 42,857 | 44,915 | 39,211 | 32,218 | Upgrade   | 
Source: S&P Global Market Intelligence. Standard template. Financial Sources.