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.

Thermo Fisher Scientific TMO Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Returns
Return on equity	53.3%-0.3pp	53.6%-0.7pp	54.4%-18.0pp	72.4%-23.1pp
Return on assets	26.2%+0.7pp	25.5%+0.4pp	25.1%-9.8pp	34.8%-13.1pp
Liquidity
Current ratio	7.1×+0.4×	6.7×+0.6×	6.1×-0.3×	6.4×-3.6×
Quick ratio	5.5×+0.3×	5.2×+0.7×	4.6×0.0×	4.6×-3.1×
Cash ratio	1.5×0.0×	1.5×0.0×	1.5×+0.3×	1.2×-2.5×
Leverage
Debt-to-equity	3.1×-0.1×	3.2×-0.4×	3.6×+0.4×	3.2×+0.7×
Debt-to-assets	1.5×0.0×	1.6×-0.1×	1.7×+0.2×	1.5×+0.2×
Per Share
Book value per share	$540.20+8.2%	$499.42+8.8%	$458.95+6.0%	$432.90+13.4%
Valuation
Market capitalization	$741.23B-14.7%	$868.55B+5.3%	$824.67B-3.9%	$858.42B-1.0%
Enterprise value	$878.9B-12.3%	$1T+4.0%	$964.07B-1.7%	$980.48B+4.8%
Price / earnings	112.3×-28.2×	140.5×+1.2×	139.3×+21.2×	118.1×+12.0×
Price / book	14.5×-3.7×	18.2×-0.4×	18.6×-1.6×	20.1×-2.6×
Free cash flow yield	13.9%-0.3pp	14.1%+2.0pp	12.2%+0.1pp	12%-2.6pp
Earnings yield	14.5%+3.0pp	11.5%-0.1pp	11.5%-2.1pp	13.6%-1.9pp
Dividend yield	1.3%+0.3pp	1%+0.1pp	1%+0.2pp	0.8%+0.1pp
PEG ratio	17.4×-1,112×	1,129×—	——	——

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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.