Thermo Fisher Scientific (TMO) EBT Margin (2009 - 2026)

Thermo Fisher Scientific (TMO) recorded quarterly EBT Margin of 15.76% in Q1 2026, down 10.61% on a QoQ basis from 17.63% in Q4 2025, and up 13.0% year-over-year from 13.94% in Q1 2025.

Thermo Fisher Scientific (TMO) EBT Margin (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific has disclosed EBT Margin across 18 years of filings, most recently posting 15.76% for Q1 2026.

  • Quarterly EBT Margin rose 13.0% year-over-year to 15.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 16.42% (down 5.0% YoY) and the FY2025 annual result came in at 16.4%, down 1.0% from the prior year.
  • EBT Margin retreated to 15.76% in Q1 2026, from 17.63% in the prior quarter.
  • Over five years, EBT Margin peaked at 21.49% in Q2 2022 and troughed at 12.73% in Q2 2023.
  • A 5-year average of 16.18% and a median of 15.98% in 2023 frame the typical range for EBT Margin.
  • Annual changes were most pronounced in 2023 — EBT Margin slumped 877 bps — and 2024, when it soared 336 bps.
  • Tracing TMO's EBT Margin over 5 years: stood at 15.52% in 2022, then gained by 3 bps to 15.98% in 2023, then climbed by 7 bps to 17.03% in 2024, then advanced by 3 bps to 17.63% in 2025, then dropped by 11 bps to 15.76% in 2026.
  • Business Quant data shows TMO's EBT Margin at 15.76% in Q1 2026, 17.63% in Q4 2025, and 16.42% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -6.95%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 15.76%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 20.75%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 31.16%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 22.23%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 7.90%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -12.17%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 14.39%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 22.14%
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 11.54%

Historic Data

Download Data
DateValue
Mar 28, 2026 15.76%
Dec 31, 2025 17.63%
Sep 27, 2025 16.42%
Jun 28, 2025 15.74%
Mar 29, 2025 15.63%
Dec 31, 2024 17.03%
Sep 28, 2024 16.44%
Jun 29, 2024 16.74%
Mar 30, 2024 15.36%
Dec 31, 2023 15.98%
Sep 30, 2023 16.69%
Jul 1, 2023 13.38%
Apr 1, 2023 12.73%
Dec 31, 2022 15.52%
Oct 1, 2022 14.99%
Jul 2, 2022 17.47%
Apr 2, 2022 21.49%
Dec 31, 2021 17.40%
Oct 2, 2021 23.33%
Jul 3, 2021 22.10%