Thermo Fisher Scientific (TMO) Debt to Equity (2009 - 2026)
Thermo Fisher Scientific (TMO) posted Debt to Equity of $0.83 for Q1 2026, up 12.71% quarter-over-quarter from $0.74 in Q4 2025, and up 19.98% year-on-year from $0.69 in Q1 2025.
Thermo Fisher Scientific (TMO) Debt to Equity (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported Debt to Equity for 18 consecutive years, with $0.83 the latest figure, recorded in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.83, up 19.98% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.83 (up 19.98% YoY), and the FY2025 annual result was $0.74, up 16.82% from the prior year.
- Debt to Equity was $0.83 for Q1 2026 at Thermo Fisher Scientific, up from $0.74 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.83 in Q2 2023 and troughed at $0.63 in Q4 2024.
- Average Debt to Equity over 5 years is $0.74, with a median of $0.75 recorded in 2024.
- Year-over-year, Debt to Equity jumped 52.49% in 2022 and retreated 15.54% in 2024.
- Over 5 years, Debt to Equity stood at $0.78 in 2022, then declined by 4.59% to $0.75 in 2023, then declined by 15.54% to $0.63 in 2024, then climbed by 16.82% to $0.74 in 2025, then advanced by 12.71% to $0.83 in 2026.
- Per Business Quant data, the three most recent Debt to Equity figures were $0.83 in Q1 2026, $0.74 in Q4 2025, and $0.7 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 0.32 |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 0.83 |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 0.35 |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 0.53 |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 0.01 |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | -1.50 |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 2.49 |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 0.56 |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | -53.21 |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 0.74 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 0.83 |
| Dec 31, 2025 | 0.74 |
| Sep 27, 2025 | 0.70 |
| Jun 28, 2025 | 0.70 |
| Mar 29, 2025 | 0.69 |
| Dec 31, 2024 | 0.63 |
| Sep 28, 2024 | 0.72 |
| Jun 29, 2024 | 0.75 |
| Mar 30, 2024 | 0.78 |
| Dec 31, 2023 | 0.75 |
| Sep 30, 2023 | 0.78 |
| Jul 1, 2023 | 0.78 |
| Apr 1, 2023 | 0.83 |
| Dec 31, 2022 | 0.78 |
| Oct 1, 2022 | 0.67 |
| Jul 2, 2022 | 0.71 |
| Apr 2, 2022 | 0.81 |
| Dec 31, 2021 | 0.85 |
| Oct 2, 2021 | 0.56 |
| Jul 3, 2021 | 0.51 |