Thermo Fisher Scientific (TMO) Dividend Coverage Ratio (2012 - 2026)
Thermo Fisher Scientific's (TMO) Dividend Coverage Ratio came in at 9.92 for Q2 2026, down 0.6% from 9.98 a year earlier and down 2.7% from the prior quarter.
Powered by 
Analysis
Thermo Fisher Scientific (TMO) Dividend Coverage Ratio (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, Dividend Coverage Ratio at Thermo Fisher Scientific was 10.52, down 2.5% year-over-year; for FY2025, it came in at 10.54, down 3.0% from FY2024.
- Annual Dividend Coverage Ratio has declined for four consecutive years.
- In prior years, Thermo Fisher Scientific's Dividend Coverage Ratio was 10.87 in FY2024 (-5.2%), 11.46 in FY2023 (-25.0%), 15.27 in FY2022 (-21.9%) and 19.56 in FY2021 (+3.4%).
- Quarterly Dividend Coverage Ratio has run from a low of 9.84 in Q1 2024 to a high of 21.50 in Q1 2022 over five years.
- On a year-over-year basis, Dividend Coverage Ratio increased in three of the last eight quarters, with an average decline of 2.9%.
- The strongest year-over-year quarter for Dividend Coverage Ratio in the past five years was Q2 2024, with growth of 3.1%; the weakest was Q1 2023, with a decline of 48.8%.
- According to Business Quant data, Dividend Coverage Ratio for the three prior quarters was 10.19 (Q1 2026), 12.12 (Q4 2025) and 9.91 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 9.92 |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 0.84 |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | - |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | - |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 1.60 |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | - |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | - |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | - |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | - |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 5.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 9.92 |
| Mar 28, 2026 | 10.19 |
| Dec 31, 2025 | 12.12 |
| Sep 27, 2025 | 9.91 |
| Jun 28, 2025 | 9.98 |
| Mar 29, 2025 | 10.11 |
| Dec 31, 2024 | 12.28 |
| Sep 28, 2024 | 10.87 |
| Jun 29, 2024 | 10.39 |
| Mar 30, 2024 | 9.84 |
| Dec 31, 2023 | 11.99 |
| Sep 30, 2023 | 12.70 |
| Jul 1, 2023 | 10.08 |
| Apr 1, 2023 | 11.02 |
| Dec 31, 2022 | 13.47 |
| Oct 1, 2022 | 12.67 |
| Jul 2, 2022 | 14.22 |
| Apr 2, 2022 | 21.50 |
| Dec 31, 2021 | 16.10 |
| Oct 2, 2021 | 18.65 |
API Access
Thermo Fisher Scientific Dividend Coverage Ratio 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=dividend-coverage-ratio&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "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=dividend-coverage-ratio&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();