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Debt-to-equity at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
0.6×-0.1×
Bio-Rad Laboratories logo
Bio-Rad LaboratoriesBIO
0.1×-0.1×
GLW
CorningGLW
0.7×0.0×
Revvity logo
RevvityRVTY
0.5×+0.1×
Kewaunee Scientific Corporation logo
Kewaunee Scientific CorporationKEQU
0.3×0.0×
Danaher logo
DanaherDHR
0.5×+0.2×

Other financials

Income statement

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Revenue$12.0B
Operating income$2.1B
Net income$1.7B+7.4%
EPS (diluted)$4.68+9.3%

Balance sheet

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Cash & equivalents$4.1B-11.7%
Total debt$39.2B+4.6%
Total equity$52.7B+4.3%
Total assets$113.17B+11.8%

Cash flow

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Operating cash flow$2.1B+51.9%
CapEx-$1.2B-509%
Free cash flow$923.0M-16.5%

Valuation

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Market cap$213.42B+21.1%
Enterprise value$248.54B+18.9%
P/E30.6×+3.9×
P/S4.8×-0.9×

Profitability

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Gross margin58.3%
Operating margin17.2%+0.8pp
Net margin15.2%+1.0pp
FCF margin15.7%-2.1pp

Returns & leverage

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Return on equity13.5%+0.1pp
Current ratio1.6×-0.4×

Where this comes from

Calculated from Thermo Fisher Scientific’s reported figures.

Based on the most recent quarter.

The source filing: Thermo Fisher Scientific’s 8-K, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 6:04 AM EDT
Accession
0000097745-26-000138

FAQ

What is Thermo Fisher Scientific's debt-to-equity?
Thermo Fisher Scientific (TMO) reported debt-to-equity of 0.7× in Q2 2026.
How has Thermo Fisher Scientific's debt-to-equity changed year-over-year?
Thermo Fisher Scientific's debt-to-equity increased by 0.3% year-over-year, from 0.7× to 0.7×.
What is the long-term trend for Thermo Fisher Scientific's debt-to-equity?
Over 5 years (2020 to 2025), Thermo Fisher Scientific's debt-to-equity has grown at a 4.9% compound annual growth rate (CAGR), from 0.7× to 0.8×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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