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Interest coverage at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
3.7×+0.2×
GLW
CorningGLW
7.1×+3.1×
Danaher logo
DanaherDHR
18.6×+1.7×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
36.1×-0.9×
WAT
Waters CorporationWAT
5.8×-5.0×
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
16.3×+1.2×

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 interest coverage?
Thermo Fisher Scientific (TMO) reported interest coverage of 5.6× in Q1 2025.
How has Thermo Fisher Scientific's interest coverage changed year-over-year?
Thermo Fisher Scientific's interest coverage increased by 14.8% year-over-year, from 4.8× to 5.6×.
What is the long-term trend for Thermo Fisher Scientific's interest coverage?
Over 3 years (2021 to 2024), Thermo Fisher Scientific's interest coverage has grown at a -36.2% compound annual growth rate (CAGR), from 76.9× to 19.9×.
What does interest coverage mean?
How many times the company's operating profit covers its interest bill.
How do you interpret interest coverage?
Higher is safer; below ~2× is a warning that earnings provide little cushion against the debt burden. Debt-free companies have no interest expense and the ratio is left blank.
How does interest coverage compare across companies?
Comparable across leveraged non-financials; less relevant for net-cash companies with negligible interest.