Thermo Fisher Scientific (TMO) EV to FCF (2009 - 2026)
Thermo Fisher Scientific's (TMO) EV to FCF came in at 25.38 for Q2 2026, up 5.9% from 23.97 a year earlier but down 0.9% from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) EV to FCF (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, EV to FCF at Thermo Fisher Scientific was 23.07, up 9.7% year-over-year; for FY2025, it was 32.62, up 24.2% from FY2024.
- In prior years, Thermo Fisher Scientific's EV to FCF was 26.26 in FY2024 (-6.5%), 28.07 in FY2023 (-4.8%), 29.50 in FY2022 (-22.0%) and 37.81 in FY2021 (+48.8%).
- Quarterly EV to FCF has run from a low of 23.97 in Q2 2025 to a high of 38.96 in Q1 2023 over five years.
- On a year-over-year basis, EV to FCF increased in three of the last eight quarters, with growth averaging 0.6%.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q1 2022, with growth of 51.9%; the weakest was Q1 2024, with a decline of 27.1%.
- According to Business Quant data, EV to FCF for the three prior quarters was 25.60 (Q1 2026), 32.62 (Q4 2025) and 27.98 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn |
| 10 | Agilent Technologies | 48.58 Bn | 41.47 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 25.38 |
| Mar 28, 2026 | 25.60 |
| Dec 31, 2025 | 32.62 |
| Sep 27, 2025 | 27.98 |
| Jun 28, 2025 | 23.97 |
| Mar 29, 2025 | 27.21 |
| Dec 31, 2024 | 26.26 |
| Sep 28, 2024 | 29.39 |
| Jun 29, 2024 | 25.43 |
| Mar 30, 2024 | 28.40 |
| Dec 31, 2023 | 28.07 |
| Sep 30, 2023 | 28.95 |
| Jul 1, 2023 | 33.88 |
| Apr 1, 2023 | 38.96 |
| Dec 31, 2022 | 29.50 |
| Oct 1, 2022 | 35.02 |
| Jul 2, 2022 | 33.62 |
| Apr 2, 2022 | 32.74 |
| Dec 31, 2021 | 37.81 |
| Oct 2, 2021 | 26.99 |
API Access
Thermo Fisher Scientific EV to FCF 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-fcf&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();