Friday 6 November 2026 Export TMO’s income statement to Excel — free account

Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc.’s revenue for fiscal 2025 (year ended December 2025) was $44.6 billion, up 3.91% from fiscal 2024.

Revenue: +9.13%
EPS: +8.64%
Free cash flow: +15.0%
Total debt: +22.8%

Quarter to September 2026, against a year earlier

693.03 16.09 +2.38%

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Market cap: $250.8B
P/E: 36.5×
Fwd P/E: 35.7×
Dividend yield: 0.27%
F-score: 5/9
Altman Z: 3.84
Beneish M: −2.46
Dividend safety: 88/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

	Older periods	Dec '25	Mar '26	Jun '26	Sep '26
P/E ratio Full definition →	+8 more quarters Free account	32.61	26.98	26.93	35.55
P/S ratio Full definition →		4.90	4.05	4.01	5.27
P/FCF ratio Full definition →		34.47	26.93	25.27	32.71
P/Operating CF Full definition →		63.19	153.40	87.53	97.95
P/B ratio Full definition →		4.09	3.52	3.53	4.56
Price to Tangible BV Full definition →		0.00	0.00	0.00	0.00
EV/Sales Full definition →		5.48	4.86	4.77	5.97
EV/EBITDA Full definition →		23.20	20.52	19.94	24.43
EV/Operating CF Full definition →		31.24	26.51	24.53	30.33
EV/FCF Full definition →		38.54	32.36	30.04	37.03
Quick Ratio Full definition →		1.25	0.85	0.90	1.11
Current Ratio Full definition →		1.89	1.53	1.55	1.81
Net Debt/EBITDA Full definition →		8.63	14.16	12.09	10.70
Debt/Assets Full definition →		32.49%	35.37%	34.62%	34.24%
Debt/Equity Full definition →		0.67	0.77	0.74	0.71
Asset Turnover Full definition →		0.43	0.43	0.43	0.44
Operating CF/Net income Full definition →		1.76	0.72	1.22	1.48
Capex/Depreciation Full definition →		(0.60)	(0.50)	(0.55)	(0.53)
Interest Coverage Full definition →		6.18	5.27	5.20	5.43
Research and Development Expense of Revenue Full definition →		2.92%	3.05%	3.03%	2.87%
Selling, General and Administrative Expense of Revenue Full definition →		19.26%	19.82%	19.45%	15.35%
Intangible Assets out of Total Assets Full definition →		0.59	0.66	0.65	0.63
Share Based Compensation of Revenue Full definition →		0.69%	0.75%	0.68%	0.79%
Graham Net Nets Full definition →		(0.13)	(0.21)	(0.20)	(0.14)
Graham Number Full definition →		238.01	239.25	243.92	251.49
Earnings Yield Full definition →		3.07%	3.71%	3.71%	2.81%
Free Cash Flow Yield Full definition →		2.90%	3.71%	3.96%	3.06%
Revenue per Share Full definition →		32.40	29.58	32.33	32.80
Operating CF per Share Full definition →		9.17	3.20	5.73	6.89
Capex per Share Full definition →		(1.16)	(0.99)	(1.20)	(1.18)
Free Cash Flow per Share Full definition →		8.01	2.22	4.53	5.71
Cash per Share Full definition →		26.80	8.75	10.95	16.38
Shareholders Equity per Share Full definition →		141.68	139.62	142.01	148.02
Interest Debt per Share Full definition →		0.00	0.00	0.00	0.00
Book value per Share Full definition →		141.68	139.62	142.01	148.02
Free Cash Flow Full definition →		3,019.00	825.00	1,679.00	2,114.00
Working Capital Full definition →		13,518.00	7,695.00	8,296.00	11,445.00
Capital Expenditures Full definition →		(438.00)	(367.00)	(446.00)	(436.00)
Net Current Asset Value Full definition →		(28,221.00)	(39,025.00)	(37,123.00)	(33,851.00)
EV/EBIT Full definition →		31.52	27.83	27.14	33.39
Capex to Sales Full definition →		0.04	0.03	0.04	0.04
Price to Operating Income Full definition →		28.20	23.16	22.83	29.49
Other line items
Average Receivables Full definition →		8,545.50	8,829.50	9,022.50	9,268.00
Average Payables Full definition →		3,350.50	3,196.50	3,124.00	3,103.50
Average Inventory Full definition →		5,201.50	5,360.00	5,593.00	5,694.00
Average Assets Full definition →		103,832.00	106,161.00	107,202.00	108,626.50
Average Common Equity Full definition →		51,483.00	50,648.50	51,581.50	52,896.50

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Columns are period end dates · fundamentals updated 6 Nov 2026

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