Thermo Fisher Scientific (TMO) EBT Margin (2009 - 2026)
Thermo Fisher Scientific (TMO) posted quarterly EBT Margin of 16.04% for Q2 2026, up 30.0% year-over-year from 12.34% in Q2 2025, and up 1.81% on a QoQ basis from 15.76% in Q1 2026.
Thermo Fisher Scientific (TMO) EBT Margin (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific has reported EBT Margin for 18 years, with the latest figure at 16.04% in Q2 2026.
- EBT Margin for Q2 2026 came in at 16.04%, up 30.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 16.48% (up 25.0% YoY), and the FY2025 annual result was 16.4%, down 1.0% from the prior year.
- EBT Margin improved to 16.04% in Q2 2026, from 15.76% 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 16.17% and a median of 16.01% in 2023 frame the typical range for EBT Margin.
- The widest annual swing landed in 2023, when EBT Margin sank 877 bps; it then soared 336 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 15.52% in 2022, then increased by 3 bps to 15.98% in 2023, then gained by 7 bps to 17.03% in 2024, then rose by 3 bps to 17.63% in 2025, then retreated by 9 bps to 16.04% in 2026.
- Per Business Quant data, the three most recent EBT Margin figures were 16.04% in Q2 2026, 15.76% in Q1 2026, and 17.63% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.92 Bn | 209.86 Bn | 8.34 Bn | 16.04% |
| 2 | Danaher | 140.37 Bn | 136.02 Bn | 3.61 Bn | 17.21% |
| 3 | Idexx Laboratories | 46.17 Bn | 45.97 Bn | 779.09 Mn | 34.29% |
| 4 | Agilent Technologies | 39.76 Bn | 37.96 Bn | 990.00 Mn | 22.23% |
| 5 | Iqvia Holdings | 39.41 Bn | 37.33 Bn | 1.44 Bn | 6.89% |
| 6 | Natera | 38.75 Bn | 37.65 Bn | 696.04 Mn | -12.17% |
| 7 | Illumina | 30.07 Bn | 28.90 Bn | 770.00 Mn | 22.43% |
| 8 | Mettler Toledo International | 28.62 Bn | 28.56 Bn | 650.22 Mn | 28.17% |
| 9 | Quest Diagnostics | 26.15 Bn | 25.53 Bn | 1.03 Bn | 13.54% |
| 10 | Labcorp Holdings | 25.87 Bn | 24.89 Bn | 1.01 Bn | 9.04% |
Historic Data
Download 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% |