Thermo Fisher Scientific (TMO) Capital Expenditures (2009 - 2026)
Thermo Fisher Scientific (TMO) posted Capital Expenditures of $376.0 million for Q1 2026, down 19.14% quarter-over-quarter from $465.0 million in Q4 2025, and up 3.87% year-on-year from $362.0 million in Q1 2025.
Thermo Fisher Scientific (TMO) Capital Expenditures (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported Capital Expenditures for 18 consecutive years, with $376.0 million the latest figure, recorded in Q1 2026.
- Capital Expenditures for Q1 2026 came in at $376.0 million, up 3.87% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 8.76% YoY), and the FY2025 annual result was $1.5 billion, up 8.93% from the prior year.
- Capital Expenditures was $376.0 million for Q1 2026 at Thermo Fisher Scientific, down from $465.0 million in the prior quarter.
- Over five years, Capital Expenditures peaked at $640.0 million in Q2 2022 and troughed at $272.0 million in Q3 2024.
- Average Capital Expenditures over 5 years is $413.1 million, with a median of $404.0 million recorded in 2025.
- Year-over-year, Capital Expenditures slumped 43.87% in 2023 and soared 48.53% in 2025.
- Over 5 years, Capital Expenditures stood at $550.0 million in 2022, then dropped by 26.36% to $405.0 million in 2023, then rose by 18.52% to $480.0 million in 2024, then fell by 3.12% to $465.0 million in 2025, then dropped by 19.14% to $376.0 million in 2026.
- Per Business Quant data, the three most recent Capital Expenditures figures were $376.0 million in Q1 2026, $465.0 million in Q4 2025, and $404.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 39.00 Mn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 376.00 Mn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 237.00 Mn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 8.27 Mn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 22.14 Mn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 76.00 Mn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 127.00 Mn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 38.00 Mn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 17.41 Mn |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 114.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 376.00 Mn |
| Mar 28, 2026 | 376.00 Mn |
| Dec 31, 2025 | 465.00 Mn |
| Dec 31, 2025 | 465.00 Mn |
| Sep 27, 2025 | 404.00 Mn |
| Sep 27, 2025 | 404.00 Mn |
| Jun 28, 2025 | 294.00 Mn |
| Jun 28, 2025 | 294.00 Mn |
| Mar 29, 2025 | 362.00 Mn |
| Mar 29, 2025 | 362.00 Mn |
| Dec 31, 2024 | 480.00 Mn |
| Dec 31, 2024 | 480.00 Mn |
| Sep 28, 2024 | 272.00 Mn |
| Sep 28, 2024 | 272.00 Mn |
| Jun 29, 2024 | 301.00 Mn |
| Jun 29, 2024 | 301.00 Mn |
| Mar 30, 2024 | 347.00 Mn |
| Mar 30, 2024 | 347.00 Mn |
| Dec 31, 2023 | 405.00 Mn |
| Dec 31, 2023 | 405.00 Mn |