What is Thermo Fisher Scientific's tax reconciliation, tax credits?

Thermo Fisher Scientific (TMO) reported tax reconciliation, tax credits of $0.03 in Q1 2026.

What does tax reconciliation, tax credits mean?

The percentage point reduction in the effective tax rate resulting from government tax credits.

Discontinued — last reported Q4 '20

Tax Reconciliation, Tax Credits

Thermo Fisher Scientific Tax Reconciliation, Tax Credits decreased by 7.1% to $0.03 in Q1 2026 compared to the prior quarter. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementIncome Statement

SectionTax

CategoryProfitability

SignalHigher is better

VolatilityModerate

First reportedQ1 2013

Last reportedQ4 2020

How to read this metric

An increase indicates higher utilization of tax credits, which improves net profitability.

Detailed definition

Represents the percentage impact of various tax credits on the company's effective tax rate. These credits are typically...

Peer comparison

Standard line item in tax reconciliations; highly comparable across capital-intensive industries.

Metric ID: is_cop_tax_reconciliation_tax_credits

Historical Data

2 periods

	Q1 '25	Q1 '26
Value	0	0
QoQ Change	—	-7.1%
YoY Change	—	-7.1%

Range0 – 0

Avg YoY Growth-7.1%

Median YoY Growth-7.1%

Frequently Asked Questions

What is Thermo Fisher Scientific's tax reconciliation, tax credits?: Thermo Fisher Scientific (TMO) reported tax reconciliation, tax credits of $0.03 in Q1 2026.
What does tax reconciliation, tax credits mean?: The percentage point reduction in the effective tax rate resulting from government tax credits.