What is Thermo Fisher Scientific's share buybacks?

Thermo Fisher Scientific (TMO) reported share buybacks of $3B in Q1 2026.

How has Thermo Fisher Scientific's share buybacks changed year-over-year?

Thermo Fisher Scientific's share buybacks increased by 50.0% year-over-year, from $2B to $3B.

What does share buybacks mean?

Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.

Thermo Fisher Scientific TMO Share Buybacks

Share Buybacks at other companies

Becton, Dickinson and CompanyBDX

$2B—

Bio-Rad LaboratoriesBIO

$47.8M-53.1%

GLW

CorningGLW

$5M-83.3%

RevvityRVTY

$86.5M-43.7%

DanaherDHR

$0-100%

TEC

Bio-TechneTECH

$24K—

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+5.2%

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$190.65B+24.9%

Enterprise value$230.53B+24.3%

P/E27.8×+4.7×

P/S4.4×-0.9×

Profitability

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Gross margin58.3%—

Operating margin17.2%+0.8pp

Net margin15.2%+1.0pp

FCF margin15.7%-2.1pp

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

Reported directly by Thermo Fisher Scientific in its filing.

Tagged under the XBRL concept us-gaap:PaymentsForRepurchaseOfCommonStock.

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 share buybacks?: Thermo Fisher Scientific (TMO) reported share buybacks of $3B in Q1 2026.
How has Thermo Fisher Scientific's share buybacks changed year-over-year?: Thermo Fisher Scientific's share buybacks increased by 50.0% year-over-year, from $2B to $3B.
What does share buybacks mean?: Cash used to buy back the company's own shares on the open market or through structured programs, reducing shares outstanding.