Thermo Fisher Scientific (TMO) Deferred Taxes (2009 - 2026)
Thermo Fisher Scientific's Deferred Taxes was -$208 million in Q2 2026, compared with -$322 million a year earlier.
Thermo Fisher Scientific (TMO) Deferred Taxes (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Thermo Fisher Scientific's Deferred Taxes was -$504 million through Jun 27, 2026; for FY2025, it was -$639 million.
- In earlier years, Deferred Taxes was -$1.21 billion in FY2024, -$1.3 billion in FY2023, $995 million in FY2022 (+53.8%) and $647 million in FY2021 (+17.2%).
- Quarterly Deferred Taxes has moved between -$1.93 billion (Q4 2023) and $339 million (Q1 2022) over five years.
- The best year-over-year quarter for Deferred Taxes over five years was Q4 2021 (growth of 242.9%); the worst was Q1 2023 (a decline of 56.9%).
- Per Business Quant data, TMO's Deferred Taxes in the three quarters before Q2 2026 was -$258 million (Q1 2026), $89 million (Q4 2025) and -$127 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | -208.00 Mn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | - |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 31.00 Mn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 127.00 Mn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 107.00 Mn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 17.00 Mn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | -74.00 Mn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 181.30 Mn |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 20.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | -208.00 Mn |
| Mar 28, 2026 | -258.00 Mn |
| Dec 31, 2025 | 89.00 Mn |
| Sep 27, 2025 | -127.00 Mn |
| Jun 28, 2025 | -322.00 Mn |
| Mar 29, 2025 | -279.00 Mn |
| Dec 31, 2024 | -202.00 Mn |
| Sep 28, 2024 | -400.00 Mn |
| Jun 29, 2024 | -354.00 Mn |
| Mar 30, 2024 | -253.00 Mn |
| Dec 31, 2023 | -669.00 Mn |
| Sep 30, 2023 | -303.00 Mn |
| Jul 1, 2023 | -182.00 Mn |
| Apr 1, 2023 | -146.00 Mn |
| Dec 31, 2022 | -133.00 Mn |
| Oct 1, 2022 | -261.00 Mn |
| Jul 2, 2022 | -262.00 Mn |
| Apr 2, 2022 | -339.00 Mn |
| Dec 31, 2021 | -192.00 Mn |
| Oct 2, 2021 | -148.00 Mn |
Thermo Fisher Scientific Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=TMO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "TMO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();