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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Thermo Fisher Scientific (TMO) Asset Utilization Ratio (2016 - 2025)

Thermo Fisher Scientific (TMO) has disclosed Asset Utilization Ratio for 16 consecutive years, with 0.43 as the latest value for Q3 2024.

  • For the quarter ending Q3 2024, Asset Utilization Ratio fell 6.2% year-over-year to 0.43, compared with a TTM value of 0.43 through Sep 2024, down 6.2%, and an annual FY2023 reading of 0.44, down 6.34% over the prior year.
  • Asset Utilization Ratio was 0.43 for Q3 2024 at Thermo Fisher Scientific, down from 0.43 in the prior quarter.
  • Across five years, Asset Utilization Ratio topped out at 0.57 in Q3 2021 and bottomed at 0.43 in Q3 2024.
  • Average Asset Utilization Ratio over 5 years is 0.47, with a median of 0.46 recorded in 2023.
  • The sharpest move saw Asset Utilization Ratio soared 31.17% in 2021, then decreased 18.4% in 2022.
  • Year by year, Asset Utilization Ratio stood at 0.48 in 2020, then dropped by 3.98% to 0.46 in 2021, then rose by 2.97% to 0.48 in 2022, then fell by 8.53% to 0.44 in 2023, then fell by 2.67% to 0.43 in 2024.
  • Business Quant data shows Asset Utilization Ratio for TMO at 0.43 in Q3 2024, 0.43 in Q2 2024, and 0.43 in Q1 2024.