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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Invested CapitalReturn on SalesTimes Interest Earned

Thermo Fisher Scientific (TMO) Gross Margin (2016 - 2025)

Thermo Fisher Scientific (TMO) has disclosed Gross Margin for 16 consecutive years, with 70.09% as the latest value for Q3 2024.

  • For the quarter ending Q3 2024, Gross Margin rose 48.0% year-over-year to 70.09%, compared with a TTM value of 68.8% through Sep 2024, down 8.0%, and an annual FY2023 reading of 69.27%, up 99.0% over the prior year.
  • Gross Margin was 70.09% for Q3 2024 at Thermo Fisher Scientific, down from 70.46% in the prior quarter.
  • Across five years, Gross Margin topped out at 127.73% in Q4 2020 and bottomed at 35.51% in Q4 2021.
  • Average Gross Margin over 5 years is 71.68%, with a median of 69.06% recorded in 2024.
  • The sharpest move saw Gross Margin plummeted -9222bps in 2021, then skyrocketed 3234bps in 2022.
  • Year by year, Gross Margin stood at 127.73% in 2020, then plummeted by -72bps to 35.51% in 2021, then soared by 91bps to 67.84% in 2022, then dropped by -3bps to 65.71% in 2023, then grew by 7bps to 70.09% in 2024.
  • Business Quant data shows Gross Margin for TMO at 70.09% in Q3 2024, 70.46% in Q2 2024, and 69.06% in Q1 2024.