Income StatementBalance SheetCash FlowSegments
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Thermo Fisher Scientific Balance Sheet Statement

Assets, liabilities, and shareholders' equity

Thermo Fisher Scientific holds $113.28B in total assets. Shareholders' equity is $51.9B against $43.2B in total debt. Cash and equivalents total $3.3B. The current ratio is 1.53 and debt-to-equity is 0.831. Based on the Q1 2026 filing.

Total Assets$113.28BTotal Stockholders Equity$51.9BLong Term Debt$42.9BCash And Equivalents$3.3BTotal Current Assets$22.3BTotal Current Liabilities$14.6B
Latest FilingQ1 2026
Report Date2026-05-01
Market Cap$164.26B
P/E Ratio23.99
ROE13.52%

Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts payable$3.1B$3.0B$3.0B$3.1B$3.6B$3.3B
Compensation and benefits————$2.0B$1.6B
Other accrued liabilities————$3.3B$3.7B
Deferred revenue$2.9B$24.5B$25.0B$26.5B$2.7B$2.9B
Dividends payable—$164.0M$165.0M$164.0M—$177.0M
Total current liabilities$13.3B$13.2B$12.7B$14.9B$15.2B$14.6B

Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accounts receivable, net$8.2B$8.5B$8.6B$8.9B$8.9B$9.2B
Cash and cash equivalents$4.0B$4.2B$4.6B$2.0B$9.9B$3.3B
Contract assets$1.4B$1.4B$1.4B$1.6B$1.7B$1.7B
Finished goods————$2.7B$2.6B
Other current assets————$2.6B$2.7B
Derivative assets————$685.0M$780.0M
Raw materials$1.8B$1.9B$1.9B$2.0B$1.9B$1.9B
Work in process$755.0M$874.0M$947.0M$990.0M$889.0M$942.0M
Inventories$5.0B$5.2B$5.6B$5.7B$5.4B$5.5B
Restricted cash$10.0M$22.0M$24.0M$22.0M$5.0M$4.0M
Total current assets$22.1B$23.4B$24.6B$22.3B$28.7B$22.3B

Equity

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Accumulated other comprehensive income (loss)-$2.7B-$2.3B-$2.8B-$2.8B-$2.4B-$2.5B
Additional paid-in capital————$18.6B$18.7B
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively————$445.0M$445.0M
Preferred stock; $0.001 par value; 100 shares authorized; no shares issued and outstanding————$0.0$0.0
Retained earnings$53.1B$54.4B$55.9B$57.4B$59.2B$60.6B
Total liabilities and stockholders' equity$97.3B$99.0B$101.2B$103.0B$110.3B$113.3B
Total stockholders' equity$49.6B$49.4B$50.5B$51.0B$53.4B$51.9B
Treasury stock$19.2B$21.3B$21.3B$22.3B$22.3B$25.4B

Non-Current Assets

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Contract Assets, Non-Current————$1.0M$1.0M
Goodwill$45.9B$46.5B$47.2B$49.3B$49.4B$55.2B
Other intangible assets—net————$15.8B$19.1B
Other non-current assets————$5.9B$6.0B
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)————$253.0M$2.0M
Property and equipment, net$9.3B$9.3B$9.6B$10.2B$10.6B$10.7B
Total assets$97.3B$99.0B$101.2B$103.0B$110.3B$113.3B

Non-Current Liabilities

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Finance lease liabilities$202.0M$200.0M$196.0M$196.0M$213.0M$213.0M
Finance Lease Liabilities (Total)$202.0M$200.0M$196.0M$196.0M$213.0M$213.0M
Long-term debt$29.1B$34.0B$35.0B$35.5B$35.9B$42.9B
Deferred revenue, net of current portion————$1.2B$1.0B
Other non-current liabilities$4.0B$4.0B$4.3B$4.3B$4.3B$4.4B
Total liabilities————$522.0M$767.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Allowance for doubtful accounts————$147.0M$149.0M
Contingent consideration————$67.0M$67.0M
Contingent consideration————$16.0M$168.0M
Insurance contracts————$280.0M$266.0M
Common stock, par value (in dollars per share)————$1.00$1.00
Common stock, shares authorized (in shares)————1.2B1.2B
Common stock, shares issued (in shares)————445.2M445.5M
Short-term debt and current portion of long-term debt————$3.5B$3.1B
Long-term debt, gross————$39.5B$43.3B
Debt Instrument, Fair Value Disclosure————$36.6B$39.7B
Debt Instrument, Unamortized Discount (Premium), Net————$94.0M$91.0M
Debt Issuance Costs, Net————$194.0M$229.0M
Deferred income taxes————$1.5B$2.1B
Derivative Asset, Subject to Master Netting Arrangement, after Offset————$366.0M$337.0M
Derivative Asset, Subject to Master Netting Arrangement, Liability Offset————$319.0M$444.0M
Derivative, gross, assets————$685.0M$780.0M
Derivatives, gross, liabilities————$506.0M$598.0M
Derivative Liability————$506.0M$598.0M
Derivative Liability, Subject to Master Netting Arrangement, after Offset————$187.0M$155.0M
Derivative Liability, Subject to Master Netting Arrangement, Asset Offset————$319.0M$444.0M
Investments Fair Value Disclosure————$103.0M$110.0M
Long-Term Debt and Lease Obligation————$35.9B$40.1B
Noncontrolling interests in subsidiaries————$7.0M$7.0M
Countries with taxable presence—————70.00
Preferred Stock, Par or Stated Value Per Share————$100.00$100.00
Preferred Stock, Shares Authorized————50K50K
Preferred Stock, Shares Issued————00
Redeemable noncontrolling interests in subsidiaries$120.0M$128.0M——$122.0M$121.0M
Restructuring Reserve————$70.0M$65.0M
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied—————$29.4B
RPO percentage—————0.52
Time Deposits At Carrying Value————$250.0M—
Treasury stock, shares (in shares)————68.9M73.9M
Unrecognized tax benefits————$419.0M$420.0M