Thermo Fisher Scientific Inc. (TMO)

Thermo Fisher Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Fiscal Quarter	Current	Q2 2026	Q1 2026	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
Period Ending	Jul 28, 2026	Jun 27, 2026	Mar 28, 2026	Dec 31, 2025	Sep 27, 2025	Jun 28, 2025	Mar 29, 2025	Dec 31, 2024	Sep 28, 2024	Jun 29, 2024	Mar 30, 2024	Dec 31, 2023	Sep 30, 2023	Jul 1, 2023	Apr 1, 2023	Dec 31, 2022	Oct 1, 2022	Jul 2, 2022	Apr 2, 2022	Dec 31, 2021
Market Cap	214,206	190,653	175,911	218,002	174,419	154,171	188,807	198,090	235,016	211,244	221,857	205,229	195,570	201,369	222,318	214,217	198,918	214,806	231,879	263,079
Market Cap Growth (YoY)	18.63%	23.66%	-6.83%	10.05%	-25.78%	-27.02%	-14.90%	-3.48%	20.17%	4.90%	-0.21%	-4.20%	-1.68%	-6.25%	-4.12%	-18.57%	-11.86%	6.37%	29.30%	42.39%
Enterprise Value	251,186	229,259	215,944	247,411	206,689	183,101	217,144	223,882	263,791	237,929	250,322	232,173	224,839	232,407	254,269	240,351	225,337	243,356	262,557	293,656
Last Close Price	576.41	513.03	473.36	579.45	464.24	408.28	500.16	520.23	614.42	553.00	581.21	530.79	506.17	521.75	576.37	550.69	507.19	548.27	592.34	667.24
PE Ratio	30.11	27.60	26.02	32.66	26.82	23.61	29.33	31.47	38.52	34.31	37.28	34.36	33.17	35.66	37.57	31.24	28.51	29.18	30.88	34.29
Forward PE	21.31	20.22	19.22	24.05	19.81	17.92	21.41	22.87	27.31	24.82	26.93	24.65	21.39	21.25	24.27	25.00	22.66	25.02	26.29	32.55
PEG Ratio	2.49	2.41	2.25	3.13	2.59	2.33	2.55	2.76	2.98	2.67	2.44	2.51	1.77	6.25	1.56	1.17	1.46	1.45	3.65	1.91
PS Ratio	4.59	4.11	3.89	4.89	3.99	3.57	4.40	4.62	5.55	4.99	5.22	4.79	4.50	4.63	5.07	4.77	4.50	5.02	5.64	6.71
PB Ratio	3.94	-	3.39	4.08	3.42	3.05	3.82	4.00	4.80	4.45	4.87	4.39	4.31	4.60	5.26	4.87	4.57	5.08	5.66	6.45
P/FCF Ratio	29.07	26.05	26.07	34.64	28.54	24.99	28.08	27.26	30.23	26.53	29.35	29.63	29.88	34.40	39.56	31.00	35.52	33.90	33.12	38.75
P/OCF Ratio	23.60	21.15	21.23	27.88	22.80	20.34	23.20	22.86	25.83	22.60	24.85	24.41	23.94	26.18	28.94	23.40	24.49	24.31	24.32	28.25
EV/Sales Ratio	5.42	4.95	4.78	5.55	4.73	4.24	5.06	5.22	6.23	5.62	5.89	5.42	5.18	5.34	5.80	5.35	5.10	5.68	6.38	7.49
EV/EBITDA Ratio	24.46	22.32	20.17	23.50	20.06	17.82	20.95	21.43	25.41	22.62	24.20	22.62	21.87	22.98	24.18	20.41	18.34	19.25	20.79	23.27
EV/EBIT Ratio	30.84	28.14	27.36	31.94	27.53	24.73	29.38	30.51	36.77	33.04	35.97	33.85	32.75	34.63	35.64	28.64	24.84	25.25	26.79	29.28
EV/FCF Ratio	34.32	31.33	32.00	39.32	33.82	29.68	32.29	30.81	33.93	29.88	33.11	33.52	34.35	39.70	45.24	34.78	40.24	38.41	37.50	43.25
Debt / Equity Ratio	0.81	0.81	0.83	0.74	0.70	0.70	0.69	0.63	0.72	0.74	0.78	0.75	0.78	0.77	0.83	0.78	0.67	0.71	0.81	0.85
Debt / EBITDA Ratio	4.14	20.39	16.61	13.20	13.71	13.98	14.12	11.34	13.70	13.56	14.25	12.97	12.99	13.98	14.56	12.73	11.44	10.67	9.04	10.83
Debt / FCF Ratio	5.81	25.40	52.89	13.16	19.44	31.88	94.71	11.13	18.65	21.34	39.39	10.52	16.95	27.08	130.10	11.74	20.98	29.61	21.29	21.45
Net Debt / Equity Ratio	-	-	0.77	0.55	0.63	0.57	0.57	0.52	0.59	0.56	0.62	0.57	0.64	0.71	0.75	0.59	0.60	0.67	0.75	0.75
Net Debt / EBITDA Ratio	3.75	18.44	15.35	9.82	12.35	11.44	11.67	9.32	11.13	10.18	11.35	9.97	10.72	12.69	13.12	9.58	10.30	10.00	8.29	9.44
Net Debt / FCF Ratio	5.26	22.98	48.90	9.79	17.51	26.10	78.23	9.15	15.14	16.02	31.37	8.09	13.99	24.58	117.25	8.84	18.88	27.76	19.53	18.69
Asset Turnover	0.11	0.11	0.10	0.12	0.11	0.11	0.11	0.12	0.11	0.11	0.11	0.11	0.11	0.12	0.11	0.12	0.13	0.14	0.15	0.13
Inventory Turnover	3.68	1.26	1.23	1.38	1.17	1.20	1.18	1.31	1.16	1.14	1.14	1.21	1.12	1.14	1.18	1.28	1.20	1.24	1.29	1.20
Quick Ratio	0.90	0.90	0.85	1.25	0.84	1.18	1.09	1.03	1.02	1.13	1.09	1.16	1.03	0.79	0.72	0.98	0.95	0.88	0.88	0.93
Current Ratio	1.55	1.55	1.53	1.89	1.50	1.93	1.77	1.66	1.63	1.72	1.70	1.75	1.63	1.42	1.27	1.48	1.74	1.65	1.56	1.50
Return on Equity (ROE)	3.40%	3.40%	3.28%	3.88%	3.23%	3.30%	3.21%	3.71%	3.47%	3.58%	2.97%	3.53%	3.84%	3.19%	3.15%	3.77%	3.81%	4.33%	5.88%	4.40%
Return on Assets (ROA)	1.78%	1.78%	1.68%	2.02%	1.69%	1.74%	1.65%	1.90%	1.76%	1.75%	1.43%	1.75%	1.93%	1.65%	1.61%	1.75%	2.04%	2.27%	3.13%	2.75%
Return on Invested Capital (ROIC)	2.08%	2.08%	2.05%	2.52%	2.11%	2.21%	2.11%	2.43%	2.28%	2.28%	1.85%	2.31%	2.42%	2.04%	2.09%	2.40%	2.38%	2.52%	3.48%	3.78%
Return on Capital Employed (ROCE)	2.24%	2.24%	2.02%	2.52%	2.23%	2.13%	2.03%	2.39%	2.18%	2.22%	2.05%	2.25%	2.30%	1.98%	1.96%	2.30%	2.35%	2.85%	4.04%	3.61%
Earnings Yield	3.28%	3.62%	3.84%	3.06%	3.73%	4.23%	3.41%	3.18%	2.60%	2.92%	2.68%	2.91%	3.01%	2.80%	2.66%	3.20%	3.51%	3.43%	3.24%	2.92%
FCF Yield	3.44%	3.84%	3.84%	2.89%	3.50%	4.00%	3.56%	3.67%	3.31%	3.77%	3.41%	3.38%	3.35%	2.91%	2.53%	3.23%	2.82%	2.95%	3.02%	2.58%
Dividend Yield	0.33%	0.09%	0.09%	0.07%	0.09%	0.10%	0.08%	0.07%	0.06%	0.07%	0.06%	0.07%	0.07%	0.07%	0.05%	0.05%	0.06%	0.05%	0.04%	0.04%
Payout Ratio	9.90%	10.08%	9.81%	8.25%	10.09%	10.02%	9.89%	8.14%	9.20%	9.63%	10.17%	8.34%	7.87%	9.92%	9.08%	7.42%	7.89%	7.03%	4.65%	6.21%
Buyback Yield / Dilution	1.44%	1.85%	1.58%	1.57%	1.56%	1.31%	1.30%	1.29%	1.03%	1.29%	1.03%	1.27%	1.77%	1.52%	1.77%	1.26%	0.50%	0.51%	0.50%	0.50%
Total Shareholder Return	1.77%	1.94%	1.68%	1.64%	1.66%	1.41%	1.38%	1.36%	1.09%	1.36%	1.09%	1.34%	1.84%	1.59%	1.82%	1.31%	0.56%	0.56%	0.55%	0.54%

SEC Filings: 10-K · 10-Q

Data Source: Fiscal.ai Last updated: Jul 23, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 28, 2026

Data Sources Report a data error