Thermo Fisher Ratios and Metrics

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Quarter	Current	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
Period Ending	Mar '26 Mar 18, 2026	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
Market Cap	173,884	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	225,679	201,950
Market Cap Growth	-7.90%	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%	34.84%	45.46%
Enterprise Value	206,858	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	235,798	213,704
Last Close Price	468.08	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	572.72	513.32
PE Ratio	26.65	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	26.61	23.80
Forward PE	19.27	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	29.37	25.94
PEG Ratio	2.31	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	2.80	1.46
PS Ratio	3.94	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	5.78	5.28
PB Ratio	3.33	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	5.83	5.48
P/TBV Ratio	3.31	4.09	3.44	3.06	3.84	4.02	4.82	4.47	4.90	4.41	4.33	4.63	5.29	4.92	4.60	5.11	5.71	6.51	5.87	5.52
P/FCF Ratio	27.90	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	28.51	24.83
P/OCF Ratio	22.46	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	22.14	19.70
EV/Sales Ratio	4.64	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	6.04	5.59
EV/EBITDA Ratio	18.57	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	18.04	16.23
EV/EBIT Ratio	24.75	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	22.33	19.96
EV/FCF Ratio	32.87	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	29.79	26.28
Debt / Equity Ratio	0.74	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	0.56	0.51
Debt / EBITDA Ratio	3.74	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	7.47	6.65
Debt / FCF Ratio	6.26	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	10.21	11.13
Net Debt / Equity Ratio	0.55	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	0.25	0.32
Net Debt / EBITDA Ratio	2.78	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	3.33	4.16
Net Debt / FCF Ratio	4.65	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	4.55	6.97
Asset Turnover	0.12	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	0.14	0.14
Inventory Turnover	1.37	1.37	1.17	1.20	1.18	1.29	1.16	1.14	1.14	1.19	1.12	1.14	1.18	1.26	1.20	1.24	1.29	1.17	1.07	1.15
Quick Ratio	1.25	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	2.27	1.80
Current Ratio	1.89	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	3.19	2.78
Return on Equity (ROE)	3.82%	3.82%	3.23%	3.30%	3.18%	3.78%	3.45%	3.40%	3.02%	3.53%	3.80%	3.15%	3.09%	3.70%	3.63%	4.21%	5.83%	4.40%	5.40%	5.48%
Return on Assets (ROA)	2.02%	2.02%	1.69%	1.74%	1.65%	1.90%	1.76%	1.75%	1.43%	1.75%	1.93%	1.65%	1.61%	1.74%	2.04%	2.26%	3.13%	2.75%	2.90%	2.99%
Return on Invested Capital (ROIC)	2.39%	2.39%	1.94%	2.04%	1.92%	2.24%	2.04%	2.02%	1.64%	2.10%	2.20%	1.83%	1.81%	2.07%	2.48%	2.62%	3.62%	3.36%	3.74%	3.62%
Return on Capital Employed (ROCE)	2.52%	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%	3.68%	3.72%
Earnings Yield	3.82%	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%	3.76%	4.20%
FCF Yield	3.58%	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%	3.51%	4.03%
Dividend Yield	0.37%	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%	0.05%	0.05%
Payout Ratio	9.92%	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%	5.36%	5.63%
Buyback Yield / Dilution	1.38%	1.38%	2.85%	2.92%	2.65%	2.02%	2.13%	2.13%	2.03%	1.46%	2.40%	3.49%	2.94%	1.40%	1.93%	1.38%	1.26%	0.72%	1.28%	1.43%
Total Shareholder Return	1.74%	1.45%	2.94%	3.02%	2.73%	2.09%	2.19%	2.20%	2.09%	1.53%	2.47%	3.56%	2.99%	1.45%	1.99%	1.44%	1.30%	0.76%	1.33%	1.49%

Updated Jan 29, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q