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 QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Returns
Return on equity	53.1%-0.5pp	53.3%-0.3pp	53.5%-0.2pp	53.4%-0.6pp	53.6%0.0pp
Return on assets	26%+0.2pp	26.2%+0.7pp	26.2%+1.1pp	25.9%+0.8pp	25.8%+0.9pp
Liquidity
Current ratio	6.8×+0.1×	7.1×+0.4×	6.9×+0.1×	7×+0.2×	6.8×+0.3×
Quick ratio	5.3×0.0×	5.5×+0.3×	5.3×-0.1×	5.4×+0.1×	5.3×+0.3×
Cash ratio	1.4×0.0×	1.5×0.0×	1.1×-0.7×	1.3×-0.6×	1.4×-0.2×
Leverage
Debt-to-equity	3.2×+0.1×	3.1×-0.1×	3×-0.4×	3×-0.5×	3.1×-0.4×
Debt-to-assets	1.5×0.0×	1.5×0.0×	1.5×-0.1×	1.5×-0.1×	1.5×-0.1×
Per Share
Book value per share	$549.12+7.4%	$540.20+8.2%	$528.38+7.7%	$520.99+8.6%	$511.21+9.1%
Valuation
Market capitalization	$736.1B-11.8%	$741.23B-14.7%	$722.51B-17.4%	$775.65B-7.0%	$834.25B+1.2%
Enterprise value	$880.82B-8.8%	$878.9B-12.3%	$856.63B-15.2%	$907.04B-6.3%	$966.23B+0.6%
Price / earnings	110.2×-22.4×	112.3×-28.2×	111.3×-32.1×	121.8×-16.2×	132.6×-6.7×
Price / book	14.2×-2.9×	14.5×-3.7×	14.4×-4.1×	15.7×-2.4×	17.1×-1.1×
Free cash flow yield	14%-0.3pp	13.9%-0.3pp	14.6%+0.8pp	14.6%+0.7pp	14.3%+1.3pp
Earnings yield	14.7%+2.5pp	14.5%+3.0pp	14.6%+3.4pp	13.6%+2.0pp	12.2%+0.7pp
Dividend yield	1.4%+0.3pp	1.3%+0.3pp	1.4%+0.3pp	1.3%+0.2pp	1.1%+0.1pp
PEG ratio	19×-3.9×	17.4×-1,112×	17.2×—	22.8×—	22.8×—

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

Compare these in charts →

Ask your AI about Thermo Fisher Scientific.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.