Non-Current Assets

PP&E (Net)

Thermo Fisher Scientific PP&E (Net) increased by 0.9% to $10.66B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 14.2%, from $9.33B to $10.66B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 12.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026May 1, 2026

How to read this metric

An increase indicates ongoing capital investment in capacity, while a decrease may suggest aging assets or divestitures.

Detailed definition

This represents the net book value of long-term tangible assets such as manufacturing facilities, laboratory equipment,...

Peer comparison

High for manufacturing-heavy firms; lower for service-oriented or asset-light business models.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.56B$7.05B$8.33B$8.45B$8.53B$8.63B$9.28B$9.35B$9.29B$9.17B$9.45B$9.32B$9.28B$9.41B$9.31B$9.33B$9.64B$10.18B$10.57B$10.66B
QoQ Change+7.5%+18.2%+1.4%+1.0%+1.2%+7.6%+0.8%-0.7%-1.3%+3.1%-1.3%-0.5%+1.4%-1.1%+0.3%+3.3%+5.6%+3.8%+0.9%
YoY Change+30.0%+22.4%+11.4%+10.7%+8.9%+6.2%+1.8%-0.3%-0.1%+2.7%-1.5%+0.1%+3.8%+8.1%+13.5%+14.2%
Range$6.56B$10.66B
CAGR+10.8%
Avg YoY Growth+8.3%
Median YoY Growth+7.2%
Current Streak5 quarters growth

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22
All Other Countries$4.29B$4.57B
Total$8.33B$9.28B

Frequently Asked Questions

What is Thermo Fisher Scientific's pp&e (net)?
Thermo Fisher Scientific (TMO) reported pp&e (net) of $10.66B in Q1 2026.
How has Thermo Fisher Scientific's pp&e (net) changed year-over-year?
Thermo Fisher Scientific's pp&e (net) increased by 14.2% year-over-year, from $9.33B to $10.66B.
What is the long-term trend for Thermo Fisher Scientific's pp&e (net)?
Over 5 years (2020 to 2025), Thermo Fisher Scientific's pp&e (net) has grown at a 12.3% compound annual growth rate (CAGR), from $5.91B to $10.57B.
What does pp&e (net) mean?
The value of the company's physical assets like buildings and machinery, minus depreciation.