Thermo Fisher Scientific TMO
NYSE TMO
$657.76 +6.03 (+0.93%)
At close: Oct 9, 2026 · 4:00 PM EDT

Thermo Fisher Scientific (TMO) Enterprise Value (2009 - 2026)

Updated

Thermo Fisher Scientific's Enterprise Value was $185.75 billion in Q2 2026, up 25.6% from $147.91 billion a year earlier and up 7.5% from the prior quarter.

Analysis

Thermo Fisher Scientific (TMO) Enterprise Value (2009 - 2026) Analysis & Trends

On a trailing twelve-month basis, Thermo Fisher Scientific's Enterprise Value was $168.84 billion through Jun 27, 2026, up 30.1% year-over-year; for FY2025, it was $205.27 billion, up 7.6% from FY2024.

  • Enterprise Value shows a five-year compound annual growth rate of 3.5% (FY2020 to FY2025).
  • In earlier years, Enterprise Value was $190.81 billion in FY2024 (-1.9%), $194.43 billion in FY2023 (-4.6%), $203.84 billion in FY2022 (-20.6%) and $256.66 billion in FY2021 (+48.3%).
  • Quarterly Enterprise Value has moved between $147.91 billion (Q2 2025) and $256.66 billion (Q4 2021) over five years.
  • Compared with a year earlier, Enterprise Value was higher in three of the last eight quarters, with an average decline of 2.6%.
  • The best year-over-year quarter for Enterprise Value over five years was Q4 2021 (growth of 48.3%); the worst was Q2 2025 (a decline of 27.0%).
  • Per Business Quant data, TMO's Enterprise Value in the three quarters before Q2 2026 was $172.78 billion (Q1 2026), $205.27 billion (Q4 2025) and $171 billion (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 243.20 Bn 222.35 Bn 4.88 Bn
2 Abbott Laboratories 172.35 Bn 143.43 Bn 7.27 Bn
3 Danaher 154.53 Bn 138.35 Bn 3.61 Bn
4 Intuitive Surgical 150.04 Bn 129.59 Bn 1.96 Bn
5 Medtronic 113.25 Bn 79.11 Bn 6.34 Bn
6 Stryker 106.37 Bn 92.49 Bn 4.50 Bn
7 Boston Scientific 61.94 Bn 56.95 Bn 3.85 Bn
8 Becton Dickinson 50.05 Bn 47.20 Bn 2.32 Bn
9 Edwards Lifesciences 49.13 Bn 33.24 Bn 1.35 Bn
10 Agilent Technologies 48.07 Bn 40.96 Bn 1.04 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 185.75 Bn
Mar 28, 2026 172.78 Bn
Dec 31, 2025 205.27 Bn
Sep 27, 2025 171.00 Bn
Jun 28, 2025 147.91 Bn
Mar 29, 2025 182.99 Bn
Dec 31, 2024 190.81 Bn
Sep 28, 2024 228.50 Bn
Jun 29, 2024 202.54 Bn
Mar 30, 2024 214.73 Bn
Dec 31, 2023 194.43 Bn
Sep 30, 2023 189.54 Bn
Jul 1, 2023 198.35 Bn
Apr 1, 2023 218.96 Bn
Dec 31, 2022 203.84 Bn
Oct 1, 2022 196.12 Bn
Jul 2, 2022 213.04 Bn
Apr 2, 2022 229.24 Bn
Dec 31, 2021 256.66 Bn
Oct 2, 2021 213.65 Bn
API Access

Thermo Fisher Scientific Enterprise Value 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=enterprise-value&ticker=TMO&period=max&api_key=YOUR_API_KEY