Growth Metrics

Thermo Fisher Scientific (TMO) Debt to Equity (2016 - 2025)

Thermo Fisher Scientific (TMO) has disclosed Debt to Equity for 16 consecutive years, with $0.72 as the latest value for Q3 2024.

  • For the quarter ending Q3 2024, Debt to Equity fell 7.33% year-over-year to $0.72, compared with a TTM value of $0.72 through Sep 2024, down 7.33%, and an annual FY2023 reading of $0.75, down 4.59% over the prior year.
  • Debt to Equity was $0.72 for Q3 2024 at Thermo Fisher Scientific, down from $0.75 in the prior quarter.
  • Across five years, Debt to Equity topped out at $0.85 in Q4 2021 and bottomed at $0.51 in Q3 2021.
  • Average Debt to Equity over 5 years is $0.71, with a median of $0.72 recorded in 2024.
  • The sharpest move saw Debt to Equity dropped 28.67% in 2021, then soared 52.49% in 2022.
  • Year by year, Debt to Equity stood at $0.63 in 2020, then skyrocketed by 35.54% to $0.85 in 2021, then fell by 8.23% to $0.78 in 2022, then dropped by 4.59% to $0.75 in 2023, then dropped by 3.51% to $0.72 in 2024.
  • Business Quant data shows Debt to Equity for TMO at $0.72 in Q3 2024, $0.75 in Q2 2024, and $0.78 in Q1 2024.