Thermo Fisher Scientific (TMO) EBITDA (2009 - 2026)
Thermo Fisher Scientific's EBITDA came in at $2.9 billion for Q2 2026, up 15.2% from $2.52 billion a year earlier and up 11.7% from the prior quarter.
Thermo Fisher Scientific (TMO) EBITDA (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 27, 2026, Thermo Fisher Scientific reported EBITDA of $11.09 billion, up 7.9% year-over-year; for FY2025, it was $10.53 billion, up 0.8% from FY2024.
- EBITDA carries a five-year compound annual growth rate of 0.8% (FY2020 to FY2025).
- Going back by year, EBITDA was $10.45 billion in FY2024 (+1.8%), $10.27 billion in FY2023 (-12.8%), $11.77 billion in FY2022 (-6.7%) and $12.62 billion in FY2021 (+24.7%).
- The five-year range for quarterly EBITDA is $2.42 billion (Q1 2025) to $3.68 billion (Q1 2022).
- Year-over-year, EBITDA has increased for four consecutive quarters, with growth averaging 2.8% over the last eight quarters.
- The fastest year-over-year change in EBITDA over five years came in Q2 2026 (growth of 15.2%), and the weakest in Q1 2023 (a decline of 34.2%).
- Business Quant data shows TMO's EBITDA at $2.6 billion (Q1 2026), $2.98 billion (Q4 2025) and $2.6 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 2.90 Bn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 2.75 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 1.79 Bn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 1.19 Bn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 2.49 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 1.96 Bn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 1.53 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 1.23 Bn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 555.90 Mn |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 510.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 2.90 Bn |
| Mar 28, 2026 | 2.60 Bn |
| Dec 31, 2025 | 2.98 Bn |
| Sep 27, 2025 | 2.60 Bn |
| Jun 28, 2025 | 2.52 Bn |
| Mar 29, 2025 | 2.42 Bn |
| Dec 31, 2024 | 2.76 Bn |
| Sep 28, 2024 | 2.58 Bn |
| Jun 29, 2024 | 2.61 Bn |
| Mar 30, 2024 | 2.50 Bn |
| Dec 31, 2023 | 2.69 Bn |
| Sep 30, 2023 | 2.72 Bn |
| Jul 1, 2023 | 2.43 Bn |
| Apr 1, 2023 | 2.42 Bn |
| Dec 31, 2022 | 2.71 Bn |
| Oct 1, 2022 | 2.55 Bn |
| Jul 2, 2022 | 2.84 Bn |
| Apr 2, 2022 | 3.68 Bn |
| Dec 31, 2021 | 3.22 Bn |
| Oct 2, 2021 | 2.91 Bn |
Thermo Fisher Scientific EBITDA 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=ebitda&ticker=TMO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();