Thermo Fisher Scientific (TMO) EBIT Margin (2009 - 2026)
Thermo Fisher Scientific's EBIT Margin was 17.40% in Q2 2026, up 0.50 percentage points from 16.90% a year earlier and up 0.47 percentage points from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) EBIT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Thermo Fisher Scientific's EBIT Margin was 17.58% through Jun 27, 2026, up 0.45 percentage points year-over-year; for FY2025, it came in at 17.38%, up 0.27 percentage points from FY2024.
- EBIT Margin shows a five-year change of -6.81 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was 17.11% in FY2024 (+1.11 pp), 16.00% in FY2023 (-2.68 pp), 18.69% in FY2022 (-6.89 pp) and 25.57% in FY2021 (+1.38 pp).
- Quarterly EBIT Margin has moved between 14.59% (Q1 2023) and 24.42% (Q3 2021) over five years.
- Compared with a year earlier, EBIT Margin has increased for four straight quarters, with an average year-over-year change of +0.28 percentage points over the last eight quarters.
- The best year-over-year quarter for EBIT Margin over five years was Q2 2024 (a gain of 2.50 percentage points); the worst was Q1 2023 (a drop of 9.28 percentage points).
- Per Business Quant data, TMO's EBIT Margin in the three quarters before Q2 2026 was 16.93% (Q1 2026), 18.46% (Q4 2025) and 17.45% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 17.40% |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 13.44% |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 17.99% |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 33.60% |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 18.08% |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 25.18% |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 21.65% |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 13.31% |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 29.48% |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 23.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 17.40% |
| 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% |
API Access
Thermo Fisher Scientific EBIT Margin 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=ebit-margin&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "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=ebit-margin&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();