Skip to content

Discontinued — last reported Q1 '18

Gross margin at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
46.8%+2.5pp
GLW
CorningGLW
36.4%+3.3pp
Danaher logo
DanaherDHR
58.9%-0.8pp
Idexx Laboratories logo
Idexx LaboratoriesIDXX
62.1%+0.8pp
WAT
Waters CorporationWAT
59.3%-0.1pp
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
59.2%-1.0pp

Other financials

Income statement

See full
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

See full
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

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

Valuation

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

Profitability

See full
Operating margin17.2%+0.8pp
Net margin15.2%+1.0pp

Returns & leverage

See full
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 3, 2019, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.