Thermo Fisher Scientific (TMO)

NYSE Market Open

Thermo Fisher Scientific is one of the world’s largest suppliers of tools, technologies, and services used in scientific research, healthcare diagnostics, biopharmaceutical production, and laboratory operations. The company sells analytical instruments, laboratory equipment, reagents, consumables, diagnostics products, and services to customers that include pharmaceutical and biotechnology companies, hospitals, clinical laboratories, universities, government agencies, and industrial labs.

The business is organized around several major operating areas. Its Life Sciences Solutions activities provide reagents, instruments, and workflows used in genetic analysis, cell biology, protein research, and bioproduction. Analytical Instruments offers technologies used to identify, measure, and characterize materials and biological samples, including mass spectrometry, chromatography, electron microscopy, and related systems. Specialty Diagnostics supplies clinical diagnostic tests and platforms across areas such as immunodiagnostics, microbiology, and transplant diagnostics. Laboratory Products and Biopharma Services includes everyday lab supplies, equipment, distribution, and contract research and manufacturing services for drug development customers.

Thermo Fisher’s scale is a key advantage. The company combines a broad product catalogue with global distribution, deep relationships with research and clinical customers, and a large installed base of instruments that drives recurring demand for consumables, service, and replacement products. Its brands include widely known names such as Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD.

TMO gives investors exposure to long-term spending on life sciences research, precision medicine, diagnostics, and pharmaceutical innovation. Its performance is influenced by research funding, biotech capital cycles, healthcare utilization, industrial demand, and customer investment in laboratory infrastructure.

486.61 USD
+12.74 (+2.69%)

Last updated

Market Cap
176.13B
P/E
25.72
P/FCF
26.1
P/S
3.9
Enterprise Value
216.04B
Sector
Industry
Measuring and Controlling Devices, Not Elsewhere Classified
Address
168 THIRD AVENUE, WALTHAM, MA, 02451
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Market Cap
176.13B
Enterprise Value
216.04B
P/E
25.72
P/B
3.39
P/S
3.9
EV / EBITDA
19.61
EV / Sales
4.78
EPS
18.43
Dividend Yield
0.37%
P/FCF
26.1
P/CF
21.25
Free Cash Flow
6.75B
ROE
13.19%
ROA
6.05%
Debt / Equity
0.83
Current Ratio
1.53
Quick Ratio
1.15
Cash
0.22
Avg Volume
2.6M
Fundamentals Snapshot Price
473.95

Income Statement

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Revenue 11.01B 12.22B 11.12B 10.86B 10.36B
Gross profit 4.43B 5.01B 4.58B 4.41B 4.24B
Operating income 1.86B 2.26B 1.94B 1.84B 1.72B
EBITDA 2.65B 3.03B 3.6B 1.74B 2.52B
Net income 1.65B 1.96B 1.62B 1.62B 1.51B
Basic EPS 4.44 5.22 4.28 4.28 3.99
Diluted EPS 4.43 5.21 4.27 4.28 3.98

Balance Sheet

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Total assets 113.28B 110.34B 103.02B 101.23B 99.04B
Total liabilities 61.22B 56.81B 51.87B 50.63B 49.56B
Total equity 51.94B 53.41B 51.03B 50.48B 49.36B
Cash & equivalents 3.25B 9.85B 1.98B 4.58B 4.13B
Current assets 22.32B 28.71B 22.3B 24.58B 23.38B
Current liabilities 14.62B 15.19B 14.89B 12.72B 13.17B

Cash Flow

Line Item 2026 Q1 2025 Q4 2025 Q3 2025 Q2 2025 Q1
Operating cash flow 1.19B 3.46B 2.24B 1.4B 723M
Investing cash flow -8.96B 891M -4.12B -288M -526M
Financing cash flow 1.09B 3.53B -632M -991M -102M
Change in cash -6.6B 7.87B -2.59B 431M 132M
Kind Filing Date Link
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