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Price / sales at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
2.1×-1.2×
GLW
CorningGLW
7.2×+4.3×
Danaher logo
DanaherDHR
5.4×-0.7×
Idexx Laboratories logo
Idexx LaboratoriesIDXX
10×+1.4×
WAT
Waters CorporationWAT
7.7×+0.4×
Mettler-Toledo International, Inc. logo
Mettler-Toledo International, Inc.MTD
6.2×-0.2×

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×

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 the most recent quarter.

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 price / sales?
Thermo Fisher Scientific (TMO) reported price / sales of 4.4× in Q1 2025.
How has Thermo Fisher Scientific's price / sales changed year-over-year?
Thermo Fisher Scientific's price / sales decreased by 16.2% year-over-year, from 5.2× to 4.4×.
What is the long-term trend for Thermo Fisher Scientific's price / sales?
Over 3 years (2021 to 2024), Thermo Fisher Scientific's price / sales has grown at a -3.4% compound annual growth rate (CAGR), from 22.7× to 20.4×.
What does price / sales mean?
How many dollars investors pay for each dollar of the company's annual sales.
How do you interpret price / sales?
Useful when earnings are negative or volatile (e.g. early-stage or cyclical firms). Only comparable across companies with similar margins — a sales dollar is worth more at a high-margin business.
How does price / sales compare across companies?
Best compared within a margin cohort; a software P/S and a retailer P/S are not directly comparable.