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Thermo Fisher Scientific TMO Market capitalization

Market capitalization at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
$44.73B-32.0%
GLW
CorningGLW
$116.8B+198%
Danaher logo
DanaherDHR
$134.18B-8.5%
Idexx Laboratories logo
Idexx LaboratoriesIDXX
$44.63B+31.1%
WAT
Waters CorporationWAT
$29.21B+33.4%
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
$25.54B+3.8%

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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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

Computed from the period-end share price: $182.6B.

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 market capitalization?
Thermo Fisher Scientific (TMO) reported market capitalization of $182.6B in Q1 2026.
How has Thermo Fisher Scientific's market capitalization changed year-over-year?
Thermo Fisher Scientific's market capitalization decreased by 2.7% year-over-year, from $187.73B to $182.6B.
What is the long-term trend for Thermo Fisher Scientific's market capitalization?
Over 4 years (2021 to 2025), Thermo Fisher Scientific's market capitalization has grown at a -3.8% compound annual growth rate (CAGR), from $866.68B to $741.23B.
What does market capitalization mean?
What the stock market says the company's equity is worth.
How do you interpret market capitalization?
A size and market-sentiment gauge, not a quality measure — interpret through valuation ratios (P/E, P/S) that relate it to fundamentals.
How does market capitalization compare across companies?
Comparable across companies as a size class; the input to every equity-price valuation multiple.