Thermo Fisher Scientific (TMO) Key Ratios

Stock Card

$609.82

$6.64 (1.10%)

As on 11-Sep-2026 16:14EDT

Market cap

$223,024 Mln

Revenue (TTM)

$46,336 Mln

P/E Ratio

32.6

P/B Ratio

4.3

Div. Yield

0.3 %

Key Ratios and Highlights

Growth Score (%)	Quarterly		Annual (TTM)
Particulars	QoQ	YoY	1-Year	3-Years	5-Years
Revenue	8.99	10.49	7.23	2.11	3.91
EBIT	11.01	-1.23	1.20	6.03	-3.82
Net Profit	5.16	7.18	5.67	9.15	-3.78
EPS	5.72	9.38	7.77	8.38	-2.92
Book Value	--	--	9.42	8.18	10.43

Key Ratios (%)	Average		Annual (TTM)
Particulars	3-Years	5-Years	TTM	Dec-25	Dec-24
EBIT-Margin	18.59	19.75	18.62	19.49	20.27
Net Margin	--	17.76	15.06	--	--
Return on equity	13.15	15.27	13.12	13.08	13.15
Return on Capital	7.56	8.61	--	7.69	7.65
Return on Assets	6.36	7.14	5.76	6.49	6.46
Debt to Equity (x)	--	--	0.74	0.74	0.66

Profitability

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ROCE

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	--	7.69	7.65	7.35	8.84	11.51
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROE

13.12

Higher than Peers by 8.14

Profit after tax / Average Net worth * 100

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	13.12	13.08	13.15	13.22	16.40	20.52
Peer Median	4.98	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

ROA

5.76

Higher than Peers by 3.30

Profit after tax / Average Total assets * 100

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	5.76	6.49	6.46	6.12	7.23	9.41
Peer Median	2.46	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Margin

18.62

Higher than Peers by 10.10

Operating profit (EBIT) / Net Sales * 100

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	18.62	19.49	20.27	16.00	19.06	23.91
Peer Median	8.53	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Margin

15.06

Higher than Peers by 10.31

Net profit / Total Income (Net sales plus other income) * 100

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	15.06	15.12	14.77	13.99	15.48	20.04
Peer Median	4.75	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Cash Profit Margin

(Net profit + Depreciation) / Gross Sales * 100

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	--	--	--	--	--	--
Peer Median	--	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Growth

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Revenue Growth

7.23

Lower than Peers by 1.55

Year on year growth in net sales

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	7.23	0.04	0.00	-0.05	0.15	0.22
Peer Median	8.78	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EBIT Growth

1.20

Lower than Peers by 9.84

Year on year growth in operating profit (EBIT)

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	1.20	-0.07	26.72	-19.88	-8.70	20.48
Peer Median	11.03	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Net Profit Growth

5.67

Lower than Peers by 8.08

Year on year growth in profit after tax

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	5.67	6.35	5.67	-13.74	-10.03	21.18
Peer Median	13.75	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EPS Growth

7.77

Lower than Peers by 13.67

Year on year growth in earnings per share

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	7.77	0.08	0.07	-0.13	-0.09	0.22
Peer Median	21.44	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Book Value Growth

6.26

Lower than Peers by 0.56

Year on year growth in book value per share

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	6.26	--	--	--	--	--
Peer Median	6.82	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Solvency

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Debt to Equity

0.74

Higher than Peers by 0.35

Total debt / Net worth

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	0.74	0.74	0.66	0.78	0.82	0.89
Peer Median	0.40	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Short term debt to equity ratio

0.06

(Short term borrowings / Net worth)

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	0.06	0.07	0.05	0.08	0.13	0.07
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Current Ratio

1.55

Lower than Peers by 1.15

Current Assets / Current Liabilities and Provisions

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	1.55	1.89	1.66	1.75	1.48	1.50
Peer Median	2.70	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Quick Ratio

1.18

Lower than Peers by 0.85

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	1.18	1.53	1.29	1.39	1.15	1.12
Peer Median	2.03	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Interest Coverage

6.19

Higher than Peers by 1.16

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	6.19	6.12	5.26	4.99	11.79	17.49
Peer Median	5.02	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Operating Efficiency

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Debtors to sales

20.40

Higher than Peers by 4.01

Debtors outstanding / Net Sales * 100

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	20.40	23.71	22.45	22.55	20.99	22.81
Peer Median	16.39	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Asset Turnover

0.38

Lower than Peers by 0.12

Sales / Average Total Assets

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	0.38	0.43	0.44	0.44	0.47	0.48
Peer Median	0.50	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Receivable days

Average Debtors / Sales * 365

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	--	82.76	82.16	81.35	74.70	71.80
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Inventory Days

Average Inventory / Sales * 365

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	--	68.39	73.09	77.41	75.33	84.70
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Payable days

Average Creditors / Cost of goods sold * 365

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	--	44.06	43.21	45.15	44.05	47.03
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Cash Conversion Cycle

Receivable Days + Inventory Days - Payable Days

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	--	107.10	112.04	113.62	105.98	109.47
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Valuation

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Price / Earnings

32.57

Lower than Peers by 13.52

Current share price divided by earning per share in the last twelve months

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	32.57	32.43	31.45	34.35	31.14	34.38
Peer Median	46.09	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Price / Book Value

4.25

Higher than Peers by 0.47

Current share price divided by book value per share in the latest financial year

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	4.25	4.09	4.02	4.41	4.92	6.51
Peer Median	3.78	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Dividend Yield

0.30

Dividend per share in the past twelve months divided by current share price

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	0.30	--	--	--	--	--
Peer Median	--	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

EV/EBITDA

21.79

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	21.79	21.61	19.19	34.44	20.43	24.85
Peer Median

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Market Cap

223,024

Higher than Peers by 222,489

Current Share price multiplied by latest total number of shares outstanding

Company Name	TTM	Dec-25	Dec-24	Dec-23	Dec-22	Dec-21	Dec-20	Dec-19	Dec-18	Dec-17	Dec-16
Thermo Fisher Scientific (TMO)	223,024	--	--	--	--	--
Peer Median	535	--	--	--	--	--

*TTM (Trailing Twelve Months) data based on income statement of last 4 quarters and interim half yearly balance sheet.

Annual
Quarterly