Thermo Fisher Scientific TMO
NYSE TMO
$659.18 +10.75 (+1.66%)
As of: Sep 17, 2026 · 3:59 PM EDT

Thermo Fisher Scientific (TMO) Asset Utilization Ratio (2009 - 2026)

Thermo Fisher Scientific's (TMO) quarterly Asset Utilization Ratio came in at 0.41 in Q2 2026, down 5.17% on a YoY basis from 0.43 in Q2 2025, and up 1.24% quarter-over-quarter from 0.4 in Q1 2026.

Analysis

Thermo Fisher Scientific (TMO) Asset Utilization Ratio (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific (TMO) has reported Asset Utilization Ratio for 18 consecutive years, with 0.41 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Asset Utilization Ratio fell 5.17% year-over-year to 0.41; the trailing twelve-month figure through Jun 2026 stood at 0.41 (down 5.17% YoY), and the FY2025 full-year result was 0.43, down 1.9% from the prior year.
  • Asset Utilization Ratio improved to 0.41 in Q2 2026 per TMO's latest filing, from 0.4 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.49 in Q4 2022 and bottomed at 0.4 in Q1 2026.
  • Historically, Asset Utilization Ratio has averaged 0.44 across 5 years, with a median of 0.44 in 2025.
  • The sharpest annual moves came in 2022 and 2023: Asset Utilization Ratio declined 18.4% in 2022, then rose 4.34% in 2023.
  • Over 5 years, Asset Utilization Ratio stood at 0.48 in 2022, then slipped by 8.53% to 0.44 in 2023, then retreated by 0.91% to 0.43 in 2024, then slipped by 3.72% to 0.42 in 2025, then dropped by 2.02% to 0.41 in 2026.
  • According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.41, 0.4, and 0.42 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Thermo Fisher Scientific 241.68 Bn 237.61 Bn 8.34 Bn 0.41
2 Danaher 147.34 Bn 142.99 Bn 3.61 Bn 0.29
3 Agilent Technologies 43.34 Bn 41.59 Bn 1.04 Bn 0.55
4 Illumina 34.58 Bn 33.41 Bn 770.00 Mn 0.68
5 Revvity 16.31 Bn 15.29 Bn 416.87 Mn 0.24
6 Bio-Techne 11.28 Bn 11.01 Bn 211.39 Mn 0.47
7 Bio-Rad Laboratories 10.16 Bn 8.54 Bn 345.80 Mn 0.26
8 Repligen 9.77 Bn 8.75 Bn 110.04 Mn 0.27
9 10x Genomics 9.45 Bn 8.90 Bn 112.50 Mn 0.60
10 Bruker 9.26 Bn 9.04 Bn 416.00 Mn 0.57
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 0.41
Mar 28, 2026 0.40
Dec 31, 2025 0.42
Sep 27, 2025 0.43
Jun 28, 2025 0.43
Mar 29, 2025 0.44
Dec 31, 2024 0.43
Sep 28, 2024 0.43
Jun 29, 2024 0.43
Mar 30, 2024 0.43
Dec 31, 2023 0.44
Sep 30, 2023 0.45
Jul 1, 2023 0.46
Apr 1, 2023 0.46
Dec 31, 2022 0.48
Oct 1, 2022 0.49
Jul 2, 2022 0.47
Apr 2, 2022 0.44
Dec 31, 2021 0.46
Oct 2, 2021 0.55