Skip to main content
logo
Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
673.82
-2.72 (-0.40%)
Oct 23, 2026, 4:00 PM EDT - Market closed

Thermo Fisher Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.

Operating Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Net Income
7,0726,9676,8486,7046,5706,5846,5146,3356,1356,2206,0345,9955,9415,7216,0246,9507,0327,4397,6037,725
Depreciation & Amortization
3,1052,9422,8092,7802,8042,8832,9773,1083,2053,3083,3833,4063,4153,4003,3813,3813,2163,0062,8302,592
Asset Writedown & Restructuring Costs
--2--10-11---11----------
Stock-Based Compensation
310319318310305303306301283282272278292302305307309283257230
Other Operating Activities
-30-21-195-168-357-654-641-698-1,273-1,184-970-736-260-154-322-435-4-66-52313
Change in Accounts Receivable
-801-801-801-801-333-333-333-333209209209209-784-784-784-784-204-204-20417
Change in Inventory
-74-74-74-74-27-27-27-27598598598598-825-825-825-825-1,065-1,065-1,065-1,065
Change in Accounts Payable
421421421421212212212212-500-500-500-500648648648648479479479479
Change in Other Net Operating Assets
-679-740-1,041-1,354-1,513-1,379-869-231443404-98-844-257-615-746-88-1,639-1,035-312-979
Operating Cash Flow
9,3249,0138,2877,8187,6517,5788,1398,6679,1009,3488,9288,4068,1707,6937,6819,1548,1248,8379,5369,312
Operating Cash Flow Growth (YoY)
21.87%18.94%1.82%-9.80%-15.92%-18.93%-8.84%3.10%11.38%21.51%16.23%-8.17%0.57%-12.95%-19.45%-1.70%-20.31%-13.80%-3.78%12.34%

Investing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Capital Expenditures
-1,728-1,695-1,539-1,525-1,540-1,408-1,415-1,400-1,325-1,385-1,368-1,479-1,624-1,839-2,061-2,243-2,524-2,501-2,535-2,523
Sale of Property, Plant & Equipment
4144414434506557519785878220282429291720
Cash Acquisitions
-8,877-12,909-12,909-4,037-4,037-3,132-3,132-3,132-3,132-909-956-3,660-3,660-2,750-2,703-39-17,915-18,010-18,092-19,395
Divestitures
1,021-------------------
Investment in Securities
8641,7051,6801,182339-153-130-1,626-2,049-1,783-1,949-193-200-188-264----
Other Investing Activities
6968262462892862702742602181401581031111021073584856-34
Investing Cash Flow
-7,983-12,029-12,481-4,047-4,918-4,373-4,338-5,841-6,237-3,840-4,030-5,142-5,291-4,655-4,631-2,159-20,326-20,397-20,604-21,932

Financing Activities

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Short-Term Debt Issued
---1,095-------1,620---1,526---2,512
Long-Term Debt Issued
---7,759---1,204---5,942---3,193---18,137
Total Debt Issued
10,54611,64111,6418,8543,9352,8402,8391,2043,6807,1467,7407,5628,5745,3075,1204,71918,75821,68121,27520,649
Short-Term Debt Repaid
----1,095--------1,935----3,690----
Long-Term Debt Repaid
----2,412----3,607----5,782----375----11,738
Total Debt Repaid
-4,193-3,683-4,081-3,507-4,722-5,232-4,445-3,607-4,889-5,276-7,194-7,717-3,935-2,641-2,954-4,065-13,000-12,800-10,569-11,738
Net Debt Issued (Repaid)
6,3537,9587,5605,347-787-2,392-1,606-2,403-1,2091,870546-1554,6392,6662,1666545,7588,88110,7068,911
Repurchase of Common Stock
-4,037-5,000-4,000-3,000-3,963-3,000-3,000-4,000-3,000-3,000-3,000-3,000-4,000-4,000-4,000-3,000-2,101-2,072-2,020-2,000
Common Dividends Paid
-673-662-649-636-623-610-597-583-570-555-541-523-504-487-469-455-441-425-411-395
Other Financing Activities
3421208590-185313019422517614556621245-950731165
Financing Cash Flow
1,9852,4162,9961,801-5,391-5,949-5,073-6,792-4,554-1,509-2,850-3,622197-1,809-2,258-2,8103,2666,4578,2866,581

Net Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Foreign Exchange Rate Adjustments
15895308267-250-76-91192-56-29-8215819-71-139-178-27-42194
Miscellaneous Cash Flow Adjustments
--2-2--1-1-11----------
Net Cash Flow
3,484-507-8925,839-2,659-2,494-1,347-4,057-1,4983,9442,019-4403,2341,2487214,046-9,114-5,130-2,824-5,845

Free Cash Flow

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Free Cash Flow
7,5967,3186,7486,2936,1116,1706,7247,2677,7757,9637,5606,9276,5465,8545,6206,9115,6006,3367,0016,789
Free Cash Flow Growth (YoY)
24.30%18.61%0.36%-13.40%-21.40%-22.52%-11.06%4.91%18.77%36.03%34.52%0.23%16.89%-7.61%-19.73%1.80%-29.26%-22.09%-13.16%-0.38%
Free Cash Flow Margin
16.04%15.79%14.93%14.12%13.97%14.28%15.67%16.95%18.35%18.80%17.79%16.16%15.08%13.45%12.83%15.39%12.68%14.80%17.03%17.31%
Free Cash Flow Per Share
20.3419.5217.9216.6516.1116.2217.6118.9720.2320.6619.5417.8516.8414.9714.3317.5414.1616.0217.6617.10
Levered Free Cash Flow
6,4476,2375,5214,3914,7975,1965,7666,6296,8346,5566,1255,0994,6944,3964,5795,7985,1035,6905,8195,584
Unlevered Free Cash Flow
7,4087,1546,4395,2785,6546,0596,5977,4977,7487,4707,0215,9585,4785,0695,1396,2525,4936,0506,1655,919

Additional Metrics

Fiscal Quarter
Q3 2026Q2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021
Period Ending
Sep '26 Jun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jul '23 Apr '23 Dec '22 Oct '22 Jul '22 Apr '22 Dec '21
Cash Interest Paid
1,6121,6121,6121,6121,5701,5701,5701,5701,3851,3851,3851,385667667667667555555555555
Cash Income Tax Paid
1,7761,2461,4761,7762,0041,9041,8341,8341,7421,8321,5621,4821,3541,1841,5041,2341,6721,7421,9402,182
Change in Working Capital
-1,133-1,194-1,495-1,808-1,661-1,527-1,017-379750711209-537-1,218-1,576-1,707-1,049-2,429-1,825-1,102-1,548
SEC Filings: 10-K · 10-Q