Thermo Fisher Scientific (TMO) EBIT Margin (2009 - 2026)
Thermo Fisher Scientific (TMO) posted EBIT Margin of 16.93% for Q1 2026, down 8.3% quarter-over-quarter from 18.46% in Q4 2025, and up 37.0% year-on-year from 12.36% in Q1 2025.
Thermo Fisher Scientific (TMO) EBIT Margin (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported EBIT Margin for 18 consecutive years, with 16.93% the latest figure, recorded in Q1 2026.
- EBIT Margin for Q1 2026 came in at 16.93%, up 37.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 17.46% (up 24.0% YoY), and the FY2025 annual result was 17.38%, up 27.0% from the prior year.
- EBIT Margin was 16.93% for Q1 2026 at Thermo Fisher Scientific, down from 18.46% in the prior quarter.
- Over five years, EBIT Margin peaked at 23.87% in Q2 2022 and troughed at 14.59% in Q2 2023.
- Average EBIT Margin over 5 years is 17.24%, with a median of 17.03% recorded in 2023.
- Year-over-year, EBIT Margin sank 928 bps in 2023 and soared 250 bps in 2024.
- Over 5 years, EBIT Margin stood at 16.25% in 2022, then rose by 5 bps to 17.03% in 2023, then increased by 4 bps to 17.69% in 2024, then gained by 4 bps to 18.46% in 2025, then decreased by 8 bps to 16.93% in 2026.
- Per Business Quant data, the three most recent EBIT Margin figures were 16.93% in Q1 2026, 18.46% in Q4 2025, and 17.45% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -3.71% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 16.93% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 22.58% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 31.78% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | -13.42% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 21.74% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 12.38% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 19.16% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 25.23% |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 13.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 16.93% |
| Dec 31, 2025 | 18.46% |
| Sep 27, 2025 | 17.45% |
| Jun 28, 2025 | 16.90% |
| Mar 29, 2025 | 16.56% |
| Dec 31, 2024 | 17.69% |
| Sep 28, 2024 | 17.34% |
| Jun 29, 2024 | 17.27% |
| Mar 30, 2024 | 16.08% |
| Dec 31, 2023 | 17.03% |
| Sep 30, 2023 | 17.63% |
| Jul 1, 2023 | 14.77% |
| Apr 1, 2023 | 14.59% |
| Dec 31, 2022 | 16.25% |
| Oct 1, 2022 | 16.02% |
| Jul 2, 2022 | 18.24% |
| Apr 2, 2022 | 23.87% |
| Dec 31, 2021 | 23.72% |
| Oct 2, 2021 | 24.42% |
| Jul 3, 2021 | 23.33% |