Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
468.08
-4.63 (-0.98%)
Mar 18, 2026, 11:50 AM EDT - Market open
Thermo Fisher Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Sep '25 Sep 27, 2025 | Jun '25 Jun 28, 2025 | Mar '25 Mar 29, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 28, 2024 | Jun '24 Jun 29, 2024 | Mar '24 Mar 30, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jul '23 Jul 1, 2023 | Apr '23 Apr 1, 2023 | Dec '22 Dec 31, 2022 | Oct '22 Oct 1, 2022 | Jul '22 Jul 2, 2022 | Apr '22 Apr 2, 2022 | Dec '21 Dec 31, 2021 | Oct '21 Oct 2, 2021 | Jul '21 Jul 3, 2021 | Apr '21 Apr 3, 2021 |
Net Income | 1,970 | 1,621 | 1,619 | 1,511 | 1,824 | 1,629 | 1,554 | 1,331 | 1,606 | 1,695 | 1,362 | 1,292 | 1,574 | 1,498 | 1,668 | 2,220 | 1,659 | 1,903 | 1,829 | 2,337 |
Depreciation & Amortization | 728 | 661 | 686 | 705 | 742 | 739 | 791 | 836 | 839 | 853 | 855 | 859 | 848 | 838 | 836 | 859 | 683 | 628 | 660 | 621 |
Stock-Based Compensation | 84 | 70 | 81 | 75 | 79 | 68 | 84 | 70 | 61 | 67 | 74 | 76 | 75 | 77 | 77 | 78 | 77 | 51 | 51 | 51 |
Other Adjustments | 229 | -10 | -259 | -144 | 52 | -303 | -250 | -200 | -506 | -192 | -33 | 35 | -52 | -109 | -191 | -80 | 376 | 116 | -88.5 | 290 |
Changes in Other Operating Activities | - | -104 | -726 | -1,425 | - | 30 | -216 | -787 | - | -9 | -718 | -1,533 | - | -367 | -849 | -875 | - | 237 | -126 | -1,321 |
Operating Cash Flow | 3,457 | 2,239 | 1,399 | 723 | 3,290 | 2,166 | 1,960 | 1,251 | 3,723 | 2,414 | 1,540 | 729 | 3,487 | 1,937 | 1,528 | 2,202 | 2,457 | 2,650 | 2,227 | 1,978 |
Operating Cash Flow Growth | 5.08% | 3.37% | -28.62% | -42.21% | -11.63% | -10.27% | 27.27% | 71.60% | 6.77% | 24.63% | 0.78% | -66.89% | 41.92% | -26.91% | -31.39% | 11.33% | -26.41% | -2.14% | 18.08% | 455.62% |
Capital Expenditures | -465 | -404 | -294 | -362 | -480 | -272 | -301 | -347 | -405 | -332 | -284 | -458 | -550 | -547 | -506 | -640 | -831 | -524 | -540 | -628 |
Sale of Property, Plant & Equipment | 27 | 4 | 1 | 12 | 17 | 20 | 16 | 4 | 11 | 66 | 4 | 6 | 6 | 4 | 12 | 2 | 11 | 4 | 2.5 | 5 |
Purchases of Investments | -32 | -40 | -47 | -264 | -1,331 | -287 | -20 | -1,758 | -8 | -12 | -186 | -2 | - | - | - | - | - | - | - | - |
Proceeds from Sale of Investments | 1,311 | - | - | - | 1,761 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Payments for Business Acquisitions | - | - | - | - | - | - | - | - | -454.5 | -909 | -47 | -2,704 | 0.5 | 1 | -20 | -40 | -17,876 | -94 | -82 | -1,343 |
Other Investing Activities | 51 | 98 | 52 | 88 | 43 | 94 | 52 | 71 | 11 | 6 | -83 | 16 | 19 | -3 | 75 | 8 | 4 | -2 | -4 | -32 |
Investing Cash Flow | 891 | -4,123 | -288 | -527 | 20 | -3,578 | -253 | -2,030 | -376 | -1,181 | -443 | -3,142 | -525 | -545 | -419 | -670 | -18,692 | -616 | -626 | -1,998 |
Short-Term Debt Issued | - | - | - | - | - | - | - | - | - | - | 593 | 1,027 | 295 | 199 | 406 | 626 | 2,512 | 1,256 | - | - |
Short-Term Debt Repaid | -498 | - | - | - | - | - | - | - | -247 | -494 | -918 | -523 | 5,216 | -200 | -2,231 | -1,259 | - | - | - | - |
Net Short-Term Debt Issued (Repaid) | -498 | - | - | - | - | - | - | - | -247 | -494 | -325 | 504 | 5,511 | -1 | -1,825 | -633 | 2,512 | 1,256 | - | - |
Long-Term Debt Issued | 4,919 | 2,460 | 1,420 | 2,840 | - | - | -1 | 1,205 | 2,476 | 3,466 | - | - | 3,193 | - | - | - | 15,015 | - | - | - |
Long-Term Debt Repaid | -787 | -393.5 | -787 | -838 | -2,500 | -1,107 | - | - | -3,782 | -1,000 | -500 | - | - | - | -187.5 | -375 | -8,935 | -4,468 | -1,402 | -2,803 |
Net Long-Term Debt Issued (Repaid) | 4,132 | 2,066 | 633 | 2,002 | -2,500 | -1,107 | -1 | 1,205 | -1,306 | 2,466 | -500 | - | 3,193 | - | -187.5 | -375 | 6,080 | -4,468 | -1,402 | -2,803 |
Issuance of Common Stock | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 29 | 52 | 20 |
Repurchase of Common Stock | -37 | -963 | -1,000 | -2,000 | -1,000 | -500 | -1,500 | -3,000 | - | - | -1,500 | -3,000 | -1,690 | -845 | -1,000 | -2,000 | - | - | -1,000 | -2,000 |
Net Common Stock Issued (Repurchased) | -37 | -963 | -1,000 | -2,000 | -1,000 | -500 | -1,500 | -3,000 | - | - | -1,500 | -3,000 | -1,690 | -845 | -1,000 | -2,000 | - | 29 | -948 | -1,980 |
Common Dividends Paid | -162 | -163 | -162 | -149 | -149 | -150 | -149 | -135 | -136 | -135 | -135 | -117 | -117 | -118 | -117 | -103 | -103 | -102 | -103 | -87 |
Other Financing Activities | 91 | -4 | -42 | 45 | -17 | 67 | 35 | 110 | 14 | 18 | 4 | 20 | 77 | -32 | 37 | -34 | 79 | -9 | -25 | 20 |
Financing Cash Flow | 3,526 | -632 | -991 | -102 | -3,666 | -1,190 | -115 | -1,821 | -1,428 | 1,855 | -1,456 | -2,593 | 2,391 | -151 | -1,905 | -3,145 | 8,467 | 3,040 | -76 | -4,850 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | -6 | -75 | 311 | 37 | -273 | 175 | -15 | 22 | 10 | -73 | 12 | -31 | 250 | -212 | -78 | -99 | 211 | -61 | -93 | 137 |
Net Cash Flow | 7,868 | -2,591 | 431 | 131 | -629 | -2,427 | 1,577 | -2,578 | 1,929 | 3,015 | -347 | -5,037 | 5,603 | 1,029 | -874 | -1,712 | -7,557 | 5,013 | 1,432 | -4,733 |
Free Cash Flow | 2,992 | 1,835 | 1,105 | 361 | 2,810 | 1,894 | 1,659 | 904 | 3,318 | 2,082 | 1,256 | 271 | 2,937 | 1,390 | 1,022 | 1,562 | 1,626 | 2,126 | 1,687 | 1,350 |
Free Cash Flow Growth | 6.48% | -3.12% | -33.39% | -60.07% | -15.31% | -9.03% | 32.09% | 233.58% | 12.97% | 49.78% | 22.90% | -82.65% | 80.63% | -34.62% | -39.42% | 15.70% | -40.94% | -9.22% | 4.33% | 1210.68% |
FCF Margin | 24.49% | 16.50% | 10.18% | 3.48% | 24.66% | 17.87% | 15.74% | 8.74% | 30.48% | 19.69% | 11.75% | 2.53% | 25.65% | 13.02% | 9.32% | 13.22% | 15.19% | 22.79% | 18.19% | 13.63% |
Free Cash Flow Per Share | 7.94 | 4.85 | 2.92 | 0.95 | 7.34 | 4.93 | 4.33 | 2.35 | 8.55 | 5.37 | 3.24 | 0.70 | 7.47 | 3.52 | 2.59 | 3.95 | 4.09 | 5.36 | 4.26 | 3.40 |
Levered Free Cash Flow | 5,861 | 3,835 | 1,916 | 2,427 | -408 | 1,020 | 1,821 | 2,235 | 511 | 4,199 | 389 | 661 | 10,578 | 1,418 | -867.5 | 551 | 10,102 | -968.5 | 420.5 | -1,794 |
Unlevered Free Cash Flow | 2,355 | 1,874 | 1,401 | 532.49 | 2,125 | 2,230 | 1,955 | 1,075 | 2,146 | 2,319 | 1,373 | 377.26 | 1,975 | 1,599 | 1,270 | 1,828 | 2,113 | 2,335 | 1,926 | 1,260 |
Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.