Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
588.29
-7.60 (-1.28%)
At close: Aug 14, 2026, 4:00 PM EDT
587.70
-0.59 (-0.10%)
After-hours: Aug 14, 2026, 7:34 PM EDT

Thermo Fisher Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
46,33644,55642,87942,85744,91539,211
Revenue Growth
7.23%3.91%0.05%-4.58%14.55%21.70%
Gross Profit
18,99218,30217,74917,10018,97119,638
Operating Income
8,7978,3587,7277,3228,56010,372
Net Income
6,9676,7046,3355,9956,9507,725
Earnings Per Share
18.5817.7416.5315.4517.6319.46
EPS Growth
7.45%7.32%6.99%-12.37%-9.40%21.93%

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Life Sciences Solutions
10,98510,3749,6319,97713,53215,631
Analytical Instruments
7,6717,5547,4637,2636,6246,069
Specialty Diagnostics
4,7414,6764,5124,4054,7635,659
Laboratory Products and Biopharma Services
25,07823,98423,15723,04122,51114,862
Revenue (Total)
46,33644,55642,87942,85744,91539,211

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
4,06410,1055,5708,0808,5244,477
Total Debt
42,54940,85532,77536,71136,15836,339
Net Cash (Debt)
-38,485-30,750-27,205-28,631-27,634-31,862
Net Cash Growth
------
Net Cash Per Share
-102.63-81.35-71.03-73.79-70.14-80.26

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
9,0137,8188,6678,4069,1549,312
Capital Expenditures
-1,695-1,525-1,400-1,479-2,243-2,523
Free Cash Flow
7,3186,2937,2676,9276,9116,789
Free Cash Flow Growth
18.61%-13.40%4.91%0.23%1.80%-0.38%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
40.99%41.08%41.39%39.90%42.24%50.08%
Operating Margin
18.98%18.76%18.02%17.09%19.06%26.45%
Pretax Margin
16.37%16.31%16.31%14.56%17.06%22.54%
Profit Margin
15.04%15.05%14.77%13.99%15.47%19.70%
FCF Margin
15.79%14.12%16.95%16.16%15.39%17.31%

Dividends

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
1.8801.7201.5601.4001.2001.040
Dividend Per Share Growth
9.52%10.26%11.43%16.67%15.38%18.18%
Dividend Yield
0.32%0.30%0.30%0.27%0.22%0.16%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
32.0732.4731.4134.2131.2234.04
Forward PE
22.7024.0522.8724.6525.0032.55
P/FCF Ratio
29.7234.6027.3829.6131.4038.73
PS Ratio
4.694.894.644.794.836.71