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EBITDA margin at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
22.1%+0.3pp
GLW
CorningGLW
23.6%+4.1pp
Danaher logo
DanaherDHR
29.2%-0.9pp
Idexx Laboratories logo
Idexx LaboratoriesIDXX
35%+2.4pp
WAT
Waters CorporationWAT
18.7%-12.5pp
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
28.8%-1.0pp

Other financials

Income statement

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Revenue$11.0B+6.2%
Operating income$1.9B+8.6%
Net income$1.7B+9.6%
EPS (diluted)$4.43+11.3%

Balance sheet

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Cash & equivalents$3.3B-21.4%
Total debt$43.2B+16.6%
Total equity$51.9B+5.1%
Total assets$113.28B+14.4%

Cash flow

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Operating cash flow$1.2B+64.9%
CapEx$376.0M+3.9%
Free cash flow$816.0M+126%

Valuation

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Market cap$171.57B-2.7%
Enterprise value$211.45B+0.9%
P/E25.1×-2.0×
P/S-0.8×

Profitability

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Gross margin58.3%
Operating margin17.2%+0.8pp
Net margin15.2%+1.0pp

Returns & leverage

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Return on equity13.5%-0.2pp
Debt / equity0.8×+0.1×
Current ratio1.5×-0.2×

Where this comes from

Calculated from Thermo Fisher Scientific’s reported figures.

Based on trailing twelve months.

The official record: Thermo Fisher Scientific’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Thermo Fisher Scientific's EBITDA margin?
Thermo Fisher Scientific (TMO) reported EBITDA margin of 24.2% in Q1 2025.
How has Thermo Fisher Scientific's EBITDA margin changed year-over-year?
Thermo Fisher Scientific's EBITDA margin decreased by 0.7% year-over-year, from 24.3% to 24.2%.
What is the long-term trend for Thermo Fisher Scientific's EBITDA margin?
Over 3 years (2021 to 2024), Thermo Fisher Scientific's EBITDA margin has grown at a -10.0% compound annual growth rate (CAGR), from 134.4% to 98%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.