Thermo Fisher Scientific TMO
NYSE TMO
$659.18 +10.75 (+1.66%)
As of: Sep 17, 2026 · 3:59 PM EDT

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

Thermo Fisher Scientific's (TMO) quarterly EBT Margin came in at 16.04% in Q2 2026, up 30.0% on a YoY basis from 12.34% in Q2 2025, and up 1.81% quarter-over-quarter from 15.76% in Q1 2026.

Analysis

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

Thermo Fisher Scientific (TMO) has reported EBT Margin for 18 consecutive years, with 16.04% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, EBT Margin rose 30.0% year-over-year to 16.04%; the trailing twelve-month figure through Jun 2026 stood at 16.48% (up 25.0% YoY), and the FY2025 full-year result was 16.4%, down 1.0% from the prior year.
  • EBT Margin improved to 16.04% in Q2 2026 per TMO's latest filing, from 15.76% in the prior quarter.
  • Across five years, EBT Margin topped out at 21.49% in Q2 2022 and bottomed at 12.73% in Q2 2023.
  • Historically, EBT Margin has averaged 16.17% across 5 years, with a median of 16.01% in 2023.
  • The sharpest annual moves came in 2023 and 2024: EBT Margin tumbled 877 bps in 2023, then jumped 336 bps in 2024.
  • Over 5 years, EBT Margin 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 slipped by 9 bps to 16.04% in 2026.
  • According to Business Quant data, EBT Margin over the past three periods registered 16.04%, 15.76%, and 17.63% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Thermo Fisher Scientific 241.68 Bn 237.61 Bn 8.34 Bn 16.04%
2 Danaher 147.34 Bn 142.99 Bn 3.61 Bn 17.21%
3 Agilent Technologies 43.34 Bn 41.59 Bn 1.04 Bn 23.64%
4 Illumina 34.58 Bn 33.41 Bn 770.00 Mn 22.43%
5 Revvity 16.31 Bn 15.29 Bn 416.87 Mn 8.71%
6 Bio-Techne 11.28 Bn 11.01 Bn 211.39 Mn 22.01%
7 Bio-Rad Laboratories 10.16 Bn 8.54 Bn 345.80 Mn 83.27%
8 Repligen 9.77 Bn 8.75 Bn 110.04 Mn 6.93%
9 10x Genomics 9.45 Bn 8.90 Bn 112.50 Mn -12.34%
10 Bruker 9.26 Bn 9.04 Bn 416.00 Mn -6.08%
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 16.04%
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%