Create a free account

US · USD

TMO

Thermo Fisher Scientific Inc

US$656.51-3.40% (-US$23.10)
Day's range
US$671.63 – US$683.63
Day's volume
US$1.5bn
52-week range
US$437.57 – US$679.61

Follow TMO on Fuolio

See how TMO weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

TMO in numbers

Market cap
US$249.6bn
P/E
34.76
P/B
4.61
Dividend yield (12m)
0.28%

The 12-month dividend yield of TMO is 0.28%, above its 5-year average of 0.24%.

TMO price history

01/10/202501/10/2026
Compare with

TMO risk and return

Monthly closes adjusted for splits and distributions.

Metric12 months36 months60 months
Return+19.39%+53.25%+8.17%
Volatility (annualised)23.40%27.02%25.99%
Largest drawdown-18.79%-34.78%-39.12%
Positive months6/1219/3630/60

How much did investing in TMO return?

US$1,000.00 invested on 01/10/2021 would be worth US$1,051.95 today.

Value today in TMO
US$1,051.95
Return over the period
+5.19%
Return per year
+1.02%
In the S&P 500
US$1,664.06

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

TMO fundamentals

Valuation

  • P/E
    34.76
  • P/B
    4.61
  • EV/EBITDA
    —
  • EV/EBIT
    35.33
  • EV/Revenue
    6.21
  • P/EBIT
    30.64
  • P/S
    5.39
  • P/OCF
    27.69
  • P/FCF
    34.11
  • Earnings yield
    2.83%
  • PEG ratio
    —
  • Earnings per share
    US$18.89
  • Book value per share
    US$142.47

Debt

  • Net debt
    US$38.2bn
  • Net debt/EBITDA
    —
  • Net debt/Equity
    0.73
  • Debt/Equity
    0.80
  • Current ratio
    1.55
  • Quick ratio
    1.18
  • Cash ratio
    0.27

Efficiency

  • Gross margin
    —
  • EBITDA margin
    —
  • Operating margin
    17.58%
  • Net margin
    15.07%
  • Asset turnover
    0.41

Profitability

  • ROE
    13.26%
  • ROA
    6.17%
  • ROIC
    8.26%
  • Payout
    9.74%

What is TMO's fair price?

Two classic value formulas, with today's numbers. The current price is US$656.51.

Graham's fair price
US$246.07
62.52% below the price

√(22.50 × US$18.89 × US$142.47)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price
US$22.37
96.59% below the price

US$1.34 (5-year average) ÷ 6%

Décio Bazin only bought shares yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years divided by 6%.

Graham ignores growth and debt; Bazin assumes past distributions will repeat. They are reference points for comparison, not a buy recommendation.

TMO indicators by year

Multiples at each year's closing price; margins and returns from that year's accounts.

Indicator20252024202320222021202020192018
P/E32.0330.9733.9930.5033.78———
P/B4.033.964.334.836.405.324.373.24
EV/EBITDA———————17.45
Dividend yield0.29%0.29%0.25%0.21%0.15%0.18%0.23%0.29%
Earnings per shareUS$18.09US$16.80US$15.62US$18.06US$19.76———
Book value per shareUS$143.77US$131.43US$122.56US$114.10US$104.28US$87.63US$74.41US$69.14
ROE12.58%12.78%12.74%15.83%18.94%———
ROIC8.69%8.86%8.93%10.96%12.35%15.89%9.41%7.76%
EBITDA margin———————24.84%
Net margin15.08%14.78%13.90%15.50%19.71%———
Net debt/EBITDA———————2.70

TMO financial statements

Line202520242023202220212020
Net revenueUS$44.6bnUS$42.9bnUS$42.9bnUS$44.9bnUS$39.2bnUS$32.2bn
Cost of sales——————
Gross profit——————
EBITDA——————
EBITUS$7.7bnUS$7.3bnUS$6.9bnUS$8.4bnUS$10bnUS$7.8bn
Net finance result——————
Profit before taxUS$7.3bnUS$7bnUS$6.3bnUS$7.8bnUS$8.8bnUS$7.2bn
Income tax-US$547m-US$657m-US$284m-US$703m-US$1.1bn-US$850m
Net incomeUS$6.7bnUS$6.3bnUS$6bnUS$7bnUS$7.7bn—

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does TMO pay dividends?

Announced payments
TypeLast day to ownPaymentPer share
Dividend14/09/202615/10/2026US$0.47

Dividend yield per year

  • 0.32%2017
  • 0.29%2018
  • 0.23%2019
  • 0.18%2020
  • 0.15%2021
  • 0.21%2022
  • 0.25%2023
  • 0.29%2024
  • 0.29%2025
  • 0.20%2026
Payment history
TypeLast day to ownPaymentPer share
Dividend12/06/202615/07/2026US$0.47
Dividend12/03/202615/04/2026US$0.47
Dividend12/12/202515/01/2026US$0.43
Dividend12/09/202515/10/2025US$0.43
Dividend12/06/202515/07/2025US$0.43
Dividend13/03/202515/04/2025US$0.43
Dividend12/12/202415/01/2025US$0.39
Dividend12/09/202415/10/2024US$0.39
Dividend13/06/202415/07/2024US$0.39
Dividend13/03/202415/04/2024US$0.39
Dividend13/12/202316/01/2024US$0.35
Dividend13/09/202313/10/2023US$0.35
See all 39 distributions
Earlier distributions
TypeLast day to ownPaymentPer share
Dividend13/06/202314/07/2023US$0.35
Dividend13/03/202314/04/2023US$0.35
Dividend13/12/202216/01/2023US$0.30
Dividend13/09/202214/10/2022US$0.30
Dividend13/06/202215/07/2022US$0.30
Dividend14/03/202214/04/2022US$0.30
Dividend13/12/202114/01/2022US$0.26
Dividend13/09/202115/10/2021US$0.26
Dividend11/06/202115/07/2021US$0.26
Dividend12/03/202116/04/2021US$0.26
Dividend11/12/202015/01/2021US$0.22
Dividend11/09/202015/10/2020US$0.22
Dividend11/06/202015/07/2020US$0.22
Dividend12/03/202016/04/2020US$0.22
Dividend13/12/201915/01/2020US$0.19
Dividend13/09/201915/10/2019US$0.19
Dividend12/06/201916/07/2019US$0.19
Dividend13/03/201916/04/2019US$0.19
Dividend13/12/201815/01/2019US$0.17
Dividend13/09/201815/10/2018US$0.17
Dividend13/06/201816/07/2018US$0.17
Dividend13/03/201816/04/2018US$0.17
Dividend13/12/201715/01/2018US$0.15
Dividend13/09/201716/10/2017US$0.15
Dividend12/06/201717/07/2017US$0.15
Dividend10/03/201717/04/2017US$0.15
Dividend12/12/201616/01/2017US$0.15

About Thermo Fisher Scientific

Sector
Manufacturing

Questions about TMO

How much is TMO today?

TMO is at US$656.51 (-3.40% on the day), last traded on 01/10/2026.

How much did TMO pay in dividends in 2025?

TMO paid US$1.68 per share in 2025, a dividend yield of 0.29%.

When is the next TMO dividend?

The next announced payment is US$0.47 per share on 15/10/2026.

What are the P/E and P/B of TMO?

TMO trades at a P/E of 34.76 and a P/B of 4.61.

How much did TMO return in 12 months?

TMO returned 19.39% in 12 months, with annualised volatility of 23.40% and a largest drawdown of -18.79%.