Thermo Fisher Scientific Inc. (TMO)
NYSE: TMO · Real-Time Price · USD
605.00
+5.31 (0.89%)
At close: Aug 11, 2026, 4:00 PM EDT
605.00
0.00 (0.00%)
Pre-market: Aug 12, 2026, 7:35 AM EDT

Thermo Fisher Statistics

Total Valuation

Thermo Fisher has a market cap or net worth of $223.70 billion. The enterprise value is $262.18 billion.

Market Cap223.70B
Enterprise Value 262.18B

Important Dates

The last earnings date was Thursday, July 23, 2026, before market open.

Earnings Date Jul 23, 2026
Ex-Dividend Date Sep 15, 2026

Share Statistics

Thermo Fisher has 369.75 million shares outstanding. The number of shares has decreased by -1.45% in one year.

Current Share Class 369.75M
Shares Outstanding 369.75M
Shares Change (YoY) -1.45%
Shares Change (QoQ) -0.54%
Owned by Insiders (%) 0.13%
Owned by Institutions (%) 87.63%
Float 350.72M

Valuation Ratios

The trailing PE ratio is 32.56 and the forward PE ratio is 23.04. Thermo Fisher's PEG ratio is 2.55.

PE Ratio 32.56
Forward PE 23.04
PS Ratio 4.83
Forward PS 4.56
PB Ratio 4.25
P/TBV Ratio n/a
P/FCF Ratio 30.57
P/OCF Ratio 24.82
PEG Ratio 2.55
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 23.65, with an EV/FCF ratio of 35.83.

EV / Earnings 37.63
EV / Sales 5.66
EV / EBITDA 23.65
EV / EBIT 32.19
EV / FCF 35.83

Financial Position

The company has a current ratio of 1.55, with a Debt / Equity ratio of 0.81.

Current Ratio 1.55
Quick Ratio 1.01
Debt / Equity 0.81
Debt / EBITDA 3.84
Debt / FCF 5.81
Interest Coverage 5.55

Financial Efficiency

Return on equity (ROE) is 13.52% and return on invested capital (ROIC) is 8.84%.

Return on Equity (ROE) 13.52%
Return on Assets (ROA) 5.13%
Return on Invested Capital (ROIC) 8.84%
Return on Capital Employed (ROCE) 8.30%
Weighted Average Cost of Capital (WACC) 7.99%
Revenue Per Employee $370,688
Profits Per Employee $55,736
Employee Count125,000
Asset Turnover 0.43
Inventory Turnover 4.89

Taxes

In the past 12 months, Thermo Fisher has paid $598.00 million in taxes.

Income Tax 598.00M
Effective Tax Rate 7.88%

Stock Price Statistics

The stock price has increased by +31.32% in the last 52 weeks. The beta is 0.85, so Thermo Fisher's price volatility has been lower than the market average.

Beta (5Y) 0.85
52-Week Price Change +31.32%
50-Day Moving Average 522.05
200-Day Moving Average 532.21
Relative Strength Index (RSI) 74.54
Average Volume (20 Days) 2,243,742

Short Selling Information

The latest short interest is 5.30 million, so 1.43% of the outstanding shares have been sold short.

Short Interest 5.30M
Short Previous Month 4.42M
Short % of Shares Out 1.43%
Short % of Float 1.51%
Short Ratio (days to cover) 2.52

Income Statement

In the last 12 months, Thermo Fisher had revenue of $46.34 billion and earned $6.97 billion in profits. Earnings per share was $18.58.

Revenue46.34B
Gross Profit 18.99B
Operating Income 8.80B
Pretax Income 7.59B
Net Income 6.97B
EBITDA 11.09B
EBIT 8.15B
Earnings Per Share (EPS) $18.58
Full Income Statement

Balance Sheet

The company has $4.06 billion in cash and $42.55 billion in debt, with a net cash position of -$38.49 billion or -$104.08 per share.

Cash & Cash Equivalents 4.06B
Total Debt 42.55B
Net Cash -38.49B
Net Cash Per Share -$104.08
Equity (Book Value) 52.81B
Book Value Per Share 142.47
Working Capital 8.30B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $9.01 billion and capital expenditures -$1.70 billion, giving a free cash flow of $7.32 billion.

Operating Cash Flow 9.01B
Capital Expenditures -1.70B
Depreciation & Amortization 2.94B
Net Borrowing 7.96B
Free Cash Flow 7.32B
FCF Per Share $19.79
Full Cash Flow Statement

Margins

Gross margin is 40.99%, with operating and profit margins of 18.99% and 15.04%.

Gross Margin 40.99%
Operating Margin 18.99%
Pretax Margin 16.37%
Profit Margin 15.04%
EBITDA Margin 23.93%
EBIT Margin 17.58%
FCF Margin 15.79%

Dividends & Yields

This stock pays an annual dividend of $1.88, which amounts to a dividend yield of 0.31%.

Dividend Per Share $1.88
Dividend Yield 0.31%
Dividend Growth (YoY) 9.52%
Years of Dividend Growth 8
Payout Ratio 10.12%
Buyback Yield 1.44%
Shareholder Yield 1.76%
Earnings Yield 3.11%
FCF Yield 3.27%
Dividend Details

Analyst Forecast

The average price target for Thermo Fisher is $631.42, which is 4.37% higher than the current price. The consensus rating is "Buy".

Price Target $631.42
Price Target Difference 4.37%
Analyst Consensus Buy
Analyst Count 28
Revenue Growth Forecast (3Y) 6.26%
EPS Growth Forecast (3Y) 9.90%
Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on June 6, 1996. It was a forward split with a ratio of 1.5:1.

Last Split Date Jun 6, 1996
Split Type Forward
Split Ratio 1.5:1

Scores

Thermo Fisher has an Altman Z-Score of 3.44 and a Piotroski F-Score of 4.

Altman Z-Score 3.44
Piotroski F-Score 4