Skip to content

Thermo Fisher Scientific TMO Ratios & Valuation

Q1 '26Q4 '25Q3 '25Q2 '25Q1 '25
Returns
Return on equity13.5%-0.2pp13%-0.1pp13.1%+0.1pp13.4%-0.2pp13.7%0.0pp
Return on assets6.5%-0.2pp6.5%0.0pp6.5%+0.2pp6.6%+0.1pp6.6%+0.3pp
Liquidity
Current ratio1.5×-0.2×1.9×+0.2×1.5×-0.1×1.9×+0.2×1.8×+0.1×
Quick ratio1.2×-0.2×1.5×+0.2×1.1×-0.1×1.5×+0.1×1.4×+0.1×
Cash ratio0.2×-0.1×0.7×+0.3×0.1×-0.2×0.4×-0.1×0.3×-0.1×
Leverage
Debt-to-equity0.8×+0.1×0.8×+0.1×0.8×0.0×0.7×-0.1×0.7×-0.1×
Debt-to-assets0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×0.4×0.0×
Per Share
Book value per share$139.23+6.8%$141.29+9.1%$134.97+5.8%$133.63+7.9%$130.32+9.9%
Valuation
Market capitalization$182.6B-2.7%$217.7B+9.4%$183.15B-22.5%$152.65B-27.7%$187.73B-15.4%
Enterprise value$222.48B+0.9%$252.21B+9.7%$220.64B-18.6%$185.49B-24.2%$220.56B-14.0%
Price / earnings26.7×-2.2×32.5×+1.1×27.9×-10.5×23.2×-10.8×28.8×-8.0×
Price / book3.5×-0.3×4.1×+0.1×3.6×-1.2×-1.4×3.8×-1.1×
Free cash flow yield3.7%+0.1pp2.9%-0.8pp3.3%0.0pp4%+0.3pp3.6%+0.2pp
Earnings yield3.8%+0.3pp3.1%-0.1pp3.6%+1.0pp4.3%+1.4pp3.5%+0.8pp
Dividend yield0.4%0.0pp0.3%0.0pp0.3%+0.1pp0.4%+0.1pp0.3%+0.1pp
PEG ratio5.2×+1.6×5.6×+0.2×4.1×-5.7×0.0×3.6×-1,106×

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Questions, answered.

What are Thermo Fisher Scientific's profit margins?
Thermo Fisher Scientific (TMO) runs a 58.3% gross margin and a 17.2% operating margin, with a 15.2% net margin.
Where do Thermo Fisher Scientific's ratios come from?
Every ratio is computed from Thermo Fisher Scientific's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.