Thermo Fisher Scientific (TMO) FCF Payout Ratio (2012 - 2026)
Thermo Fisher Scientific's (TMO) FCF Payout Ratio came in at 0.10 for Q2 2026, down 28.7% from 0.15 a year earlier and down 47.4% from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) FCF Payout Ratio (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 27, 2026, FCF Payout Ratio at Thermo Fisher Scientific was 0.09, down 8.5% year-over-year.
- Annual FCF Payout Ratio has increased for five consecutive years.
- In prior years, Thermo Fisher Scientific's FCF Payout Ratio was 0.08 in FY2024 (+6.3%), 0.08 in FY2023 (+14.7%), 0.07 in FY2022 (+13.2%) and 0.06 in FY2021 (+17.7%).
- Quarterly FCF Payout Ratio has run from a low of 0.04 in Q4 2022 to a high of 0.43 in Q1 2023 over five years.
- On a year-over-year basis, FCF Payout Ratio increased in six of the last eight quarters, with growth averaging 28.1%.
- The strongest year-over-year quarter for FCF Payout Ratio in the past five years was Q1 2023, with growth of 554.7%; the weakest was Q1 2024, with a decline of 65.4%.
- According to Business Quant data, FCF Payout Ratio for the three prior quarters was 0.20 (Q1 2026), 0.05 (Q4 2025) and 0.09 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | 0.08 |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 0.89 |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | - |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 0.71 |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | - |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | - |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | - |
| 10 | Agilent Technologies | 49.29 Bn | 42.18 Bn | 1.04 Bn | 0.16 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 0.08 |
| Jun 27, 2026 | 0.10 |
| 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 |
API Access
Thermo Fisher Scientific FCF Payout Ratio 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=fcf-payout-ratio&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-payout-ratio", "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=fcf-payout-ratio&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();