Thermo Fisher Scientific (TMO) FCF Payout Ratio (2012 - 2026)

Thermo Fisher Scientific (TMO) recorded quarterly FCF Payout Ratio of 0.2 in Q1 2026, up 266.67% on a QoQ basis from 0.05 in Q4 2025, and down 51.9% year-over-year from 0.41 in Q1 2025.

Thermo Fisher Scientific (TMO) FCF Payout Ratio (2012 - 2026) Analysis & Trends

Thermo Fisher Scientific has disclosed FCF Payout Ratio across 15 years of filings, most recently posting 0.2 for Q1 2026.

  • Quarterly FCF Payout Ratio fell 51.9% year-over-year to 0.2 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.1 (up 8.32% YoY) and the FY2025 annual result came in at 0.1, up 25.98% from the prior year.
  • FCF Payout Ratio rose to 0.2 in Q1 2026, from 0.05 in the prior quarter.
  • Over five years, FCF Payout Ratio peaked at 0.43 in Q2 2023 and troughed at 0.04 in Q4 2022.
  • A 5-year average of 0.13 and a median of 0.09 in 2025 frame the typical range for FCF Payout Ratio.
  • Annual changes were most pronounced in 2023 — FCF Payout Ratio soared 554.73% — and 2024, when it tumbled 65.41%.
  • Tracing TMO's FCF Payout Ratio over 5 years: stood at 0.04 in 2022, then gained by 2.89% to 0.04 in 2023, then rose by 29.37% to 0.05 in 2024, then increased by 2.11% to 0.05 in 2025, then jumped by 266.67% to 0.2 in 2026.
  • Business Quant data shows TMO's FCF Payout Ratio at 0.2 in Q1 2026, 0.05 in Q4 2025, and 0.09 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 0.20
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 0.21
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn -
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 0.36
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn -
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn -
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 0.54

Historic Data

Download Data
DateValue
Mar 28, 2026 0.20
Dec 31, 2025 0.05
Sep 27, 2025 0.09
Jun 28, 2025 0.15
Mar 29, 2025 0.41
Dec 31, 2024 0.05
Sep 28, 2024 0.08
Jun 29, 2024 0.09
Mar 30, 2024 0.15
Dec 31, 2023 0.04
Sep 30, 2023 0.06
Jul 1, 2023 0.11
Apr 1, 2023 0.43
Dec 31, 2022 0.04
Oct 1, 2022 0.08
Jul 2, 2022 0.11
Apr 2, 2022 0.07
Dec 31, 2021 0.06
Oct 2, 2021 0.05
Jul 3, 2021 0.06