Tax

Effective Tax Rate

Thermo Fisher Scientific Effective Tax Rate decreased by 31.0% to $0.04 in Q1 2026 compared to the prior quarter.

Analysis

StatementIncome Statement
SectionTax
First reportedQ1 2025
Last reportedQ1 2026May 1, 2026
Metric ID: glw_effective_tax_rate_continuing

Historical Data

2 periods
 Q1 '25Q1 '26
Value$0.06$0.04
QoQ Change—-31.0%
YoY Change—-31.0%
Range$0.04 – $0.06
Avg YoY Growth-31.0%
Median YoY Growth-31.0%

Effective Tax Rate at Other Companies

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GE HealthCare TechnologiesGEHCView metric
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West Pharmaceutical ServicesWSTView metric

Frequently Asked Questions

What is Thermo Fisher Scientific's effective tax rate?
Thermo Fisher Scientific (TMO) reported effective tax rate of $0.04 in Q1 2026.