Thermo Fisher Scientific (TMO) Equity Ratio (2009 - 2026)

Thermo Fisher Scientific (TMO) recorded quarterly Equity Ratio of 0.46 in Q1 2026, down 5.29% on a QoQ basis from 0.48 in Q4 2025, and down 8.01% year-over-year from 0.5 in Q1 2025.

Thermo Fisher Scientific (TMO) Equity Ratio (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific has disclosed Equity Ratio across 18 years of filings, most recently posting 0.46 for Q1 2026.

  • Quarterly Equity Ratio fell 8.01% year-over-year to 0.46 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.46 (down 8.01% YoY) and the FY2025 annual result came in at 0.48, down 4.92% from the prior year.
  • Equity Ratio declined to 0.46 in Q1 2026, from 0.48 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.51 in Q4 2024 and troughed at 0.44 in Q2 2022.
  • A 5-year average of 0.48 and a median of 0.47 in 2023 frame the typical range for Equity Ratio.
  • Annual changes were most pronounced in 2022 — Equity Ratio dropped 16.85% — and 2024, when it climbed 7.58%.
  • Tracing TMO's Equity Ratio over 5 years: stood at 0.45 in 2022, then gained by 4.42% to 0.47 in 2023, then grew by 7.58% to 0.51 in 2024, then slipped by 4.92% to 0.48 in 2025, then declined by 5.29% to 0.46 in 2026.
  • Business Quant data shows TMO's Equity Ratio at 0.46 in Q1 2026, 0.48 in Q4 2025, and 0.5 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 0.62
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 0.46
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 0.63
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 0.46
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn -0.02
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 0.21
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 0.68
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 0.41
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn -0.01
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 0.46

Historic Data

Download Data
DateValue
Mar 28, 2026 0.46
Dec 31, 2025 0.48
Sep 27, 2025 0.50
Jun 28, 2025 0.50
Mar 29, 2025 0.50
Dec 31, 2024 0.51
Sep 28, 2024 0.49
Jun 29, 2024 0.48
Mar 30, 2024 0.47
Dec 31, 2023 0.47
Sep 30, 2023 0.47
Jul 1, 2023 0.47
Apr 1, 2023 0.45
Dec 31, 2022 0.45
Oct 1, 2022 0.48
Jul 2, 2022 0.47
Apr 2, 2022 0.44
Dec 31, 2021 0.43
Oct 2, 2021 0.53
Jul 3, 2021 0.55