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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |