Thermo Fisher Scientific (TMO) EV to CFO (2009 - 2026)
Thermo Fisher Scientific's (TMO) EV to CFO came in at 20.61 for Q2 2026, up 5.6% from 19.52 a year earlier but down 1.2% from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) EV to CFO (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, EV to CFO at Thermo Fisher Scientific was 18.73, up 9.4% year-over-year; for FY2025, it was 26.26, up 19.3% from FY2024.
- In prior years, Thermo Fisher Scientific's EV to CFO was 22.02 in FY2024 (-4.8%), 23.13 in FY2023 (+3.9%), 22.27 in FY2022 (-19.2%) and 27.56 in FY2021 (+32.0%).
- Quarterly EV to CFO has run from a low of 19.52 in Q2 2025 to a high of 28.51 in Q1 2023 over five years.
- On a year-over-year basis, EV to CFO increased in three of the last eight quarters, with an average decline of 0.8%.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q1 2022, with growth of 37.1%; the weakest was Q4 2022, with a decline of 19.2%.
- According to Business Quant data, EV to CFO for the three prior quarters was 20.85 (Q1 2026), 26.26 (Q4 2025) and 22.35 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 20.61 |
| Mar 28, 2026 | 20.85 |
| Dec 31, 2025 | 26.26 |
| Sep 27, 2025 | 22.35 |
| Jun 28, 2025 | 19.52 |
| Mar 29, 2025 | 22.48 |
| Dec 31, 2024 | 22.02 |
| Sep 28, 2024 | 25.11 |
| Jun 29, 2024 | 21.67 |
| Mar 30, 2024 | 24.05 |
| Dec 31, 2023 | 23.13 |
| Sep 30, 2023 | 23.20 |
| Jul 1, 2023 | 25.78 |
| Apr 1, 2023 | 28.51 |
| Dec 31, 2022 | 22.27 |
| Oct 1, 2022 | 24.14 |
| Jul 2, 2022 | 24.11 |
| Apr 2, 2022 | 24.04 |
| Dec 31, 2021 | 27.56 |
| Oct 2, 2021 | 20.96 |
API Access
Thermo Fisher Scientific EV to CFO 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=ev-to-cfo&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "TMO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();