Thermo Fisher Scientific (TMO) Dividend Coverage Ratio (2012 - 2026)
Thermo Fisher Scientific's (TMO) quarterly Dividend Coverage Ratio came in at 10.04 in Q2 2026, up 0.59% on a YoY basis from 9.98 in Q2 2025, and down 2.25% quarter-over-quarter from 10.27 in Q1 2026.
Analysis
Thermo Fisher Scientific (TMO) Dividend Coverage Ratio (2012 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported Dividend Coverage Ratio for 15 consecutive years, with 10.04 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio rose 0.59% year-over-year to 10.04; the trailing twelve-month figure through Jun 2026 stood at 10.63 (down 1.47% YoY), and the FY2025 full-year result was 10.63, down 2.17% from the prior year.
- Dividend Coverage Ratio declined to 10.04 in Q2 2026 per TMO's latest filing, from 10.27 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 21.5 in Q2 2022 and bottomed at 9.84 in Q1 2024.
- Historically, Dividend Coverage Ratio has averaged 11.87 across 5 years, with a median of 10.94 in 2023.
- The sharpest annual moves came in 2023 and 2024: Dividend Coverage Ratio slumped 48.77% in 2023, then advanced 3.05% in 2024.
- Over 5 years, Dividend Coverage Ratio stood at 13.47 in 2022, then dropped by 11.02% to 11.99 in 2023, then increased by 2.47% to 12.28 in 2024, then gained by 0.52% to 12.35 in 2025, then decreased by 18.68% to 10.04 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 10.04, 10.27, and 12.35 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 223.76 Bn | 219.69 Bn | 8.34 Bn | 10.04 |
| 2 | Danaher | 144.23 Bn | 139.88 Bn | 3.61 Bn | 3.07 |
| 3 | Agilent Technologies | 40.82 Bn | 39.07 Bn | 1.04 Bn | 5.03 |
| 4 | Illumina | 31.26 Bn | 30.09 Bn | 770.00 Mn | - |
| 5 | Revvity | 13.73 Bn | 12.71 Bn | 416.87 Mn | 6.63 |
| 6 | Bio-Techne | 11.27 Bn | 11.00 Bn | 211.39 Mn | 4.38 |
| 7 | Bio-Rad Laboratories | 10.04 Bn | 8.42 Bn | 345.80 Mn | - |
| 8 | Repligen | 9.21 Bn | 8.20 Bn | 110.04 Mn | - |
| 9 | 10x Genomics | 8.59 Bn | 8.04 Bn | 112.50 Mn | - |
| 10 | Bruker | 8.15 Bn | 7.93 Bn | 416.00 Mn | -8.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 10.04 |
| Mar 28, 2026 | 10.27 |
| Dec 31, 2025 | 12.35 |
| Sep 27, 2025 | 9.93 |
| 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 |