Thermo Fisher Scientific (TMO) Asset Utilization Ratio (2009 - 2026)
Thermo Fisher Scientific (TMO) posted Asset Utilization Ratio of 0.4 for Q1 2026, down 3.22% quarter-over-quarter from 0.42 in Q4 2025, and down 7.49% year-on-year from 0.44 in Q1 2025.
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 0.4 the latest figure, recorded in Q1 2026.
- Asset Utilization Ratio for Q1 2026 came in at 0.4, down 7.49% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.4 (down 7.49% YoY), and the FY2025 annual result was 0.43, down 1.9% from the prior year.
- Asset Utilization Ratio was 0.4 for Q1 2026 at Thermo Fisher Scientific, down 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.
- Average Asset Utilization Ratio over 5 years is 0.44, with a median of 0.44 recorded in 2025.
- Year-over-year, Asset Utilization Ratio fell 18.4% in 2022 and gained 4.34% in 2023.
- Over 5 years, Asset Utilization Ratio stood at 0.48 in 2022, then dropped by 8.53% to 0.44 in 2023, then decreased by 0.91% to 0.43 in 2024, then dropped by 3.72% to 0.42 in 2025, then dropped by 3.22% to 0.4 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 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 | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 0.25 |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 0.40 |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 0.30 |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 1.32 |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 1.00 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 0.56 |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 0.56 |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 0.67 |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 1.11 |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 0.69 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |