Thermo Fisher Scientific (TMO) FCF Margin (2009 - 2026)
Thermo Fisher Scientific (TMO) posted FCF Margin of 7.41% for Q1 2026, down 69.73% quarter-over-quarter from 24.49% in Q4 2025, and up 393.0% year-on-year from 1.5% in Q1 2025.
Thermo Fisher Scientific (TMO) FCF Margin (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported FCF Margin for 18 consecutive years, with 7.41% the latest figure, recorded in Q1 2026.
- FCF Margin for Q1 2026 came in at 7.41%, up 393.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.93% (down 74.0% YoY), and the FY2025 annual result was 14.12%, down 282.0% from the prior year.
- FCF Margin was 7.41% for Q1 2026 at Thermo Fisher Scientific, down from 24.49% in the prior quarter.
- Over five years, FCF Margin peaked at 30.48% in Q4 2023 and troughed at 2.53% in Q2 2023.
- Average FCF Margin over 5 years is 14.98%, with a median of 13.22% recorded in 2022.
- Year-over-year, FCF Margin soared 1046 bps in 2022 and slumped 1069 bps in 2023.
- Over 5 years, FCF Margin stood at 25.65% in 2022, then increased by 19 bps to 30.48% in 2023, then dropped by 19 bps to 24.66% in 2024, then dropped by 1 bps to 24.49% in 2025, then tumbled by 70 bps to 7.41% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 7.41% in Q1 2026, 24.49% in Q4 2025, and 16.5% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | -3.31% |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 7.41% |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 18.23% |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 22.61% |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 2.59% |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 10.95% |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 11.83% |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 23.01% |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 12.92% |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 5.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 7.41% |
| Dec 31, 2025 | 24.49% |
| Sep 27, 2025 | 16.50% |
| Jun 28, 2025 | 10.18% |
| Mar 29, 2025 | 3.48% |
| Dec 31, 2024 | 24.66% |
| Sep 28, 2024 | 17.87% |
| Jun 29, 2024 | 15.74% |
| Mar 30, 2024 | 8.74% |
| Dec 31, 2023 | 30.48% |
| Sep 30, 2023 | 19.69% |
| Jul 1, 2023 | 11.75% |
| Apr 1, 2023 | 2.53% |
| Dec 31, 2022 | 25.65% |
| Oct 1, 2022 | 13.02% |
| Jul 2, 2022 | 9.32% |
| Apr 2, 2022 | 13.22% |
| Dec 31, 2021 | 15.19% |
| Oct 2, 2021 | 22.79% |
| Jul 3, 2021 | 18.19% |