Thermo Fisher Scientific (TMO) Asset Utilization Ratio (2009 - 2026)
Thermo Fisher Scientific (TMO) posted quarterly Asset Utilization Ratio of 0.41 for Q2 2026, down 5.17% year-over-year from 0.43 in Q2 2025, and up 1.24% on a QoQ basis from 0.4 in Q1 2026.
Thermo Fisher Scientific (TMO) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific has reported Asset Utilization Ratio for 18 years, with the latest figure at 0.41 in Q2 2026.
- Asset Utilization Ratio for Q2 2026 came in at 0.41, down 5.17% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.41 (down 5.17% YoY), and the FY2025 annual result was 0.43, down 1.9% from the prior year.
- Asset Utilization Ratio improved to 0.41 in Q2 2026, from 0.4 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.49 in Q4 2022 and troughed at 0.4 in Q1 2026.
- A 5-year average of 0.44 and a median of 0.44 in 2025 frame the typical range for Asset Utilization Ratio.
- The widest annual swing landed in 2022, when Asset Utilization Ratio retreated 18.4%; it then advanced 4.34% in 2023.
- A 5-year view of Asset Utilization Ratio shows it stood at 0.48 in 2022, then retreated by 8.53% to 0.44 in 2023, then declined by 0.91% to 0.43 in 2024, then retreated by 3.72% to 0.42 in 2025, then decreased by 2.02% to 0.41 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.41 in Q2 2026, 0.4 in Q1 2026, and 0.42 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.92 Bn | 209.86 Bn | 8.34 Bn | 0.41 |
| 2 | Danaher | 140.37 Bn | 136.02 Bn | 3.61 Bn | 0.29 |
| 3 | Idexx Laboratories | 46.17 Bn | 45.97 Bn | 779.09 Mn | 1.33 |
| 4 | Agilent Technologies | 39.76 Bn | 37.96 Bn | 990.00 Mn | 0.56 |
| 5 | Iqvia Holdings | 39.41 Bn | 37.33 Bn | 1.44 Bn | 0.57 |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | 1.00 |
| 7 | Illumina | 30.07 Bn | 28.90 Bn | 770.00 Mn | 0.68 |
| 8 | Mettler Toledo International | 28.62 Bn | 28.56 Bn | 650.22 Mn | 1.13 |
| 9 | Quest Diagnostics | 26.15 Bn | 25.53 Bn | 1.03 Bn | 0.69 |
| 10 | Labcorp Holdings | 25.87 Bn | 24.89 Bn | 1.01 Bn | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |