What is Thermo Fisher Scientific's goodwill?

Thermo Fisher Scientific (TMO) reported goodwill of $54.83B in Q2 2026.

How has Thermo Fisher Scientific's goodwill changed year-over-year?

Thermo Fisher Scientific's goodwill increased by 16.0% year-over-year, from $47.25B to $54.83B.

What is the long-term trend for Thermo Fisher Scientific's goodwill?

Over 5 years (2020 to 2025), Thermo Fisher Scientific's goodwill has grown at a 13.6% compound annual growth rate (CAGR), from $26.04B to $49.36B.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Thermo Fisher Scientific TMO Goodwill

Goodwill at other companies

Becton, Dickinson and CompanyBDX

$25.96B-1.8%

Bio-Rad LaboratoriesBIO

$577.1M+39.2%

GLW

CorningGLW

$2.48B-0.6%

RevvityRVTY

$6.61B+1.5%

Kewaunee Scientific CorporationKEQU

$12.49M0.0%

DanaherDHR

$47.41B+10.3%

Segments

By segment

See full

Laboratory Products and Biopharma Services$24.23B+1.9%

Life Sciences Solutions$14.91B+20.9%

Analytical Instruments$5.14B+3.7%

Specialty Diagnostics$5.08B+6.1%

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

See full

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

See full

Operating cash flow$2.1B+51.9%

CapEx-$1.2B-509%

Free cash flow$923.0M-16.5%

Valuation

See full

Market cap$211.18B+15.4%

Enterprise value$246.29B+14.1%

P/E30.3×+2.5×

P/S4.7×-0.9×

Profitability

See full

Gross margin58.3%—

Operating margin17.2%+0.8pp

Net margin15.2%+1.0pp

FCF margin15.7%-2.1pp

Returns & leverage

See full

Return on equity13.5%+0.1pp

Debt / equity0.7×0.0×

Current ratio1.6×-0.4×

Where this comes from

Reported directly by Thermo Fisher Scientific in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Thermo Fisher Scientific’s 8-K, filed July 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Thermo Fisher Scientific's goodwill?: Thermo Fisher Scientific (TMO) reported goodwill of $54.83B in Q2 2026.
How has Thermo Fisher Scientific's goodwill changed year-over-year?: Thermo Fisher Scientific's goodwill increased by 16.0% year-over-year, from $47.25B to $54.83B.
What is the long-term trend for Thermo Fisher Scientific's goodwill?: Over 5 years (2020 to 2025), Thermo Fisher Scientific's goodwill has grown at a 13.6% compound annual growth rate (CAGR), from $26.04B to $49.36B.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.