Thermo Fisher Scientific TMO
NYSE TMO
$613.75 -4.62 (-0.75%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Historic Data

Download Data
DateValue
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