Thermo Fisher Scientific (TMO) Capital Expenditures (2009 - 2026)
Thermo Fisher Scientific (TMO) recorded quarterly Capital Expenditures of $376.0 million in Q1 2026, down 19.14% on a QoQ basis from $465.0 million in Q4 2025, and up 3.87% year-over-year from $362.0 million in Q1 2025.
Thermo Fisher Scientific (TMO) Capital Expenditures (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific has disclosed Capital Expenditures across 18 years of filings, most recently posting $376.0 million for Q1 2026.
- Quarterly Capital Expenditures rose 3.87% year-over-year to $376.0 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $1.5 billion (up 8.76% YoY) and the FY2025 annual result came in at $1.5 billion, up 8.93% from the prior year.
- Capital Expenditures fell to $376.0 million in Q1 2026, 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.
- A 5-year average of $413.1 million and a median of $404.0 million in 2025 frame the typical range for Capital Expenditures.
- Annual changes were most pronounced in 2023 — Capital Expenditures plunged 43.87% — and 2025, when it jumped 48.53%.
- Tracing TMO's Capital Expenditures over 5 years: stood at $550.0 million in 2022, then slipped by 26.36% to $405.0 million in 2023, then increased by 18.52% to $480.0 million in 2024, then declined by 3.12% to $465.0 million in 2025, then slipped by 19.14% to $376.0 million in 2026.
- Business Quant data shows TMO's Capital Expenditures at $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 | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 39.00 Mn |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 376.00 Mn |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 237.00 Mn |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 8.27 Mn |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 76.00 Mn |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 127.00 Mn |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | 22.14 Mn |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 38.00 Mn |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 17.41 Mn |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 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 |