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

Thermo Fisher Scientific (TMO) recorded quarterly Asset Utilization Ratio of 0.4 in Q1 2026, down 3.22% on a QoQ basis from 0.42 in Q4 2025, and down 7.49% year-over-year from 0.44 in Q1 2025.

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

Thermo Fisher Scientific has disclosed Asset Utilization Ratio across 18 years of filings, most recently posting 0.4 for Q1 2026.

  • Quarterly Asset Utilization Ratio fell 7.49% year-over-year to 0.4 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.4 (down 7.49% YoY) and the FY2025 annual result came in at 0.43, down 1.9% from the prior year.
  • Asset Utilization Ratio fell to 0.4 in Q1 2026, from 0.42 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.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio dropped 18.4% — and 2023, when it increased 4.34%.
  • Tracing TMO's Asset Utilization Ratio over 5 years: 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 slipped by 3.22% to 0.4 in 2026.
  • Business Quant data shows TMO's Asset Utilization Ratio at 0.4 in Q1 2026, 0.42 in Q4 2025, and 0.43 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 0.25
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 0.40
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 0.30
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 1.32
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 0.56
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 1.00
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 0.56
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 0.67
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 1.11
10 Quest Diagnostics 22.51 Bn 22.42 Bn 942.00 Mn 0.69

Historic Data

Download Data
DateValue
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
Jul 3, 2021 0.57