Thermo Fisher Scientific (TMO) EV to CFO (2009 - 2026)
Thermo Fisher Scientific's (TMO) quarterly EV to CFO came in at 87.41 in Q2 2026, down 17.32% on a YoY basis from 105.72 in Q2 2025, and down 39.69% quarter-over-quarter from 144.95 in Q1 2026.
Analysis
Thermo Fisher Scientific (TMO) EV to CFO (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported EV to CFO for 18 consecutive years, with 87.41 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to CFO fell 17.32% year-over-year to 87.41; the trailing twelve-month figure through Jun 2026 stood at 20.61 (up 5.59% YoY), and the FY2025 full-year result was 26.26, up 19.26% from the prior year.
- EV to CFO eased to 87.41 in Q2 2026 per TMO's latest filing, from 144.95 in the prior quarter.
- Across five years, EV to CFO topped out at 300.36 in Q2 2023 and bottomed at 52.23 in Q4 2023.
- Historically, EV to CFO has averaged 118.25 across 5 years, with a median of 103.72 in 2022.
- The sharpest annual moves came in 2022 and 2023: EV to CFO plunged 44.04% in 2022, then jumped 188.51% in 2023.
- Over 5 years, EV to CFO stood at 58.46 in 2022, then slipped by 10.66% to 52.23 in 2023, then advanced by 11.05% to 58.0 in 2024, then grew by 2.38% to 59.38 in 2025, then soared by 47.21% to 87.41 in 2026.
- According to Business Quant data, EV to CFO over the past three periods registered 87.41, 144.95, and 59.38 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 226.93 Bn | 222.99 Bn | 8.34 Bn |
| 2 | Danaher | 145.94 Bn | 141.60 Bn | 3.61 Bn |
| 3 | Agilent Technologies | 42.55 Bn | 40.79 Bn | 1.04 Bn |
| 4 | Illumina | 32.95 Bn | 31.78 Bn | 770.00 Mn |
| 5 | Revvity | 14.53 Bn | 13.51 Bn | 416.87 Mn |
| 6 | Bio-Techne | 11.31 Bn | 11.04 Bn | 211.39 Mn |
| 7 | Bio-Rad Laboratories | 10.34 Bn | 8.72 Bn | 345.80 Mn |
| 8 | Repligen | 9.46 Bn | 8.44 Bn | 110.04 Mn |
| 9 | Bruker | 8.91 Bn | 8.73 Bn | 416.00 Mn |
| 10 | 10x Genomics | 8.16 Bn | 7.61 Bn | 112.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 87.41 |
| Mar 28, 2026 | 144.95 |
| Dec 31, 2025 | 59.38 |
| Sep 27, 2025 | 76.37 |
| Jun 28, 2025 | 105.72 |
| Mar 29, 2025 | 253.10 |
| Dec 31, 2024 | 58.00 |
| Sep 28, 2024 | 105.49 |
| Jun 29, 2024 | 103.33 |
| Mar 30, 2024 | 171.64 |
| Dec 31, 2023 | 52.23 |
| Sep 30, 2023 | 78.52 |
| Jul 1, 2023 | 128.80 |
| Apr 1, 2023 | 300.36 |
| Dec 31, 2022 | 58.46 |
| Oct 1, 2022 | 101.25 |
| Jul 2, 2022 | 139.42 |
| Apr 2, 2022 | 104.11 |
| Dec 31, 2021 | 104.46 |
| Oct 2, 2021 | 80.62 |