Skip to content
Loading your account…

TMO THERMO FISHER SCIENTIFIC INC.

NYSEIndustrialsMeasuring & Controlling Devices, NECWaltham, MAFY ends December 31

New 8-K: Filed an 8-K current report in the last 7 days.FY2025 10-K filed Feb 26, 2026

FY2025 at a glance

Fundamentals from SEC filings, not quotes
Revenue
$44.6BYoYup 3.91%ended Dec 31, 2025
Net income
$6.7B15.0% margin
Diluted EPS
$17.74YoYup 7.32%
Free cash flow
—
Cash
$9.85B
Total debt
—
About THERMO FISHER SCIENTIFIC INC.

Overview

THERMO FISHER SCIENTIFIC INC. (TMO) is listed on NYSE; the SEC classifies it under "Measuring & Controlling Devices, NEC".

For fiscal 2025 (ended Dec 31, 2025) it reported revenue of $44.56B, up 3.9% from fiscal 2024.

Net income was $6.7B, a net margin of 15.0%.

At fiscal year end it had total assets of $110.34B and stockholders' equity of $53.41B (48.4% of assets).

Fiscal years shown
FY2021–FY2025 (5 years)
Latest 10-K
Feb 26, 2026
Latest filing
8-KOct 30, 2026
FY2021–FY2025 · annual 10-K

Charts

Revenue and net income

Revenue and net income, fiscal years FY2021 to FY2025.
PeriodRevenueNet incomeNet margin
FY2021$39.2B——
FY2022$44.9B——
FY2023$42.9B——
FY2024$42.9B——
FY2025$44.6B$6.7B15.0%

Diluted EPS

Diluted EPS, fiscal years FY2021 to FY2025.
PeriodEPS (diluted)
FY2021$19.46
FY2022$17.63
FY2023$15.45
FY2024$16.53
FY2025$17.74

Shares outstanding

Shares outstanding, fiscal years FY2021 to FY2025.
PeriodShares outstanding
FY2021391M
FY2022385M
FY2023381M
FY2024377M
FY2025371M

Cash vs total debt

Cash vs total debt, fiscal years FY2021 to FY2025.
PeriodCash & equivalents
FY2021$4.48B
FY2022$8.52B
FY2023$8.08B
FY2024$4.01B
FY2025$9.85B

Each bar is one fiscal year as reported in its 10-K; bars below the zero line are negative and gaps are years not reported. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.

FY2025 · 5-year trend

Ratios

Profitability

Net margin
15.0%
Return on equity
13.0%
Return on assets
6.5%

Growth

Growth. Compound annual growth: (end ÷ start)^(1 ÷ years) − 1, both ends positive.
Metric1y3y CAGR
Revenueup 3.91%down 0.27%
EPS (diluted)up 7.32%up 0.21%
Free cash flow——
Change in share count
-1.53%

Financial strength

Equity / assets
48.4%

Shareholder returns

Not reported in this company's 10-K data yet.

Piotroski F-Score · Altman Z''-Score

Quality screens

Piotroski F-Score

3 of 3 checks passed

FY2025 vs FY2024

Not enough comparable 10-K data: a score needs at least 7 of the 9 checks.

  • PassPositive return on assets6.9%
  • —Not computablePositive operating cash flow—
  • —Not computableReturn on assets improved6.9% vs —
  • —Not computableOperating cash flow above net income— vs 6.9%
  • —Not computableLong-term debt / assets fell—
  • —Not computableCurrent ratio improved—
  • PassNo increase in share count371M vs 377M
  • —Not computableGross margin improved—
  • PassAsset turnover improved0.46× vs 0.43×

Altman Z''-Score

Needs current assets and liabilities, retained earnings, operating income, total assets, liabilities and equity from the latest 10-K.

Screening heuristic, not a recommendation. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.

Last 5 fiscal years · newest first

Financial statements

USD millions, except per-share figures (USD). Share counts in millions.

Income statement

Income statement. USD millions, except per-share figures (USD). Share counts in millions.
MetricFY2025Dec 31, 2025FY2024Dec 31, 2024FY2023Dec 31, 2023FY2022Dec 31, 2022FY2021Dec 31, 2021
Revenue44,55642,87942,85744,91539,211
YoY (Revenue)+3.91%+0.05%-4.58%+14.55%—
Net income6,704————
EPS (diluted)17.7416.5315.4517.6319.46
YoY (EPS (diluted))+7.32%+6.99%-12.37%-9.40%—

Balance sheet

Balance sheet. USD millions, except per-share figures (USD). Share counts in millions.
MetricFY2025Dec 31, 2025FY2024Dec 31, 2024FY2023Dec 31, 2023FY2022Dec 31, 2022FY2021Dec 31, 2021
Cash & equivalents9,8524,0098,0778,5244,477
Total assets110,34397,32198,72697,15495,123
Stockholders' equity53,40749,58446,73543,97840,793
Shares outstanding371377381385391
Key financials (annual, 10-K)

Values as reported in each fiscal year's Form 10-K (XBRL data on SEC EDGAR); growth and ratios are computed from those values. Revenue is the total revenue figure the company tagged (omitted when the only figure tagged is evidently partial, e.g. below net income); growth is only shown between consecutive ~12-month fiscal years reported with the same revenue measure. Per-share figures and share counts are as reported and not adjusted for later stock splits. — = not reported.

FY2025 · per diluted weighted share

Per share and valuation context

EPS (diluted)
$17.74
Revenue per share
$119.94
Book value per share
$143.77
Tangible book per share
$143.77
Cash per share
$26.52

Price ratios need a live quote. This page shows no stock prices. Per-share figures are as reported, not adjusted for stock splits; comparisons across a likely split are left blank.

Price ratio calculator

Type a share price to compute ratios from the latest 10-K figures. Nothing is stored or sent. (FY2025)

Market capPrice × diluted weighted shares
—
P/EPrice ÷ diluted EPS
—
P/BPrice ÷ book value per share
—
P/SPrice ÷ revenue per share
—
P/FCFPrice ÷ FCF per share
—
Dividend yieldDividends per share ÷ price
—
SEC EDGAR

Filing timeline

  1. 8-KNew
    Current report· Oct 27, 2026(SEC EDGAR)
  2. 10-QNew
    Quarterly report· Sep 26, 2026(SEC EDGAR)
  3. 8-K
    Current report· Oct 21, 2026(SEC EDGAR)
  4. 10-Q
    Quarterly report· Jun 27, 2026(SEC EDGAR)
  5. 8-K
    Current report· Jul 23, 2026(SEC EDGAR)
  6. 8-K
    Current report· May 20, 2026(SEC EDGAR)
  7. 10-Q
    Quarterly report· Mar 28, 2026(SEC EDGAR)
  8. 8-K
    Current report· Apr 23, 2026(SEC EDGAR)
  9. DEF 14A
    Proxy statement· May 20, 2026(SEC EDGAR)
  10. 8-K
    Current report· Mar 24, 2026(SEC EDGAR)
All filings on SEC EDGAR

Frequently asked questions

What does THERMO FISHER SCIENTIFIC INC. do?

The SEC classifies THERMO FISHER SCIENTIFIC INC. under Standard Industrial Classification (SIC) code 3829, "Measuring & Controlling Devices, NEC". It is headquartered in Waltham, MA. It is incorporated in DE. In fiscal 2025 it reported revenue of $44.56B and net income of $6.7B in its annual 10-K report.

What was THERMO FISHER SCIENTIFIC INC.'s revenue in 2025?

THERMO FISHER SCIENTIFIC INC. reported revenue of $44.56B for fiscal 2025, which ended Dec 31, 2025, up 3.9% from $42.88B in fiscal 2024, according to its annual 10-K report filed with the SEC on Feb 26, 2026.

What was THERMO FISHER SCIENTIFIC INC.'s net income in 2025?

THERMO FISHER SCIENTIFIC INC. reported net income of $6.7B for fiscal 2025, a net margin of 15.0% of revenue.

Where is THERMO FISHER SCIENTIFIC INC. listed?

According to the SEC, THERMO FISHER SCIENTIFIC INC.'s ticker TMO is listed on NYSE.

When does THERMO FISHER SCIENTIFIC INC.'s fiscal year end?

According to the SEC, THERMO FISHER SCIENTIFIC INC.'s fiscal year ends on December 31; its latest reported fiscal year (2025) ended Dec 31, 2025.

Source: SEC EDGAR · Last updated:

Ver en español

Not investment advice: This page shows financial data that companies reported to the US Securities and Exchange Commission, for information only. It is not investment advice or a recommendation to buy or sell any security, and it shows no stock prices. Data may be incomplete, restated or out of date — check the original filings on SEC EDGAR before making decisions.