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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 - 2026)

Thermo Fisher Scientific filings provide 18 years of Gross Margin readings, the most recent being 70.37% for Q1 2026.

  • On a quarterly basis, Gross Margin rose 52.0% to 70.37% in Q1 2026 year-over-year; TTM through Mar 2026 was 71.2%, a 105.0% increase, with the full-year FY2025 number at 71.02%, up 53.0% from a year prior.
  • Gross Margin hit 70.37% in Q1 2026 for Thermo Fisher Scientific, down from 73.56% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 73.56% in Q4 2025 to a low of 65.71% in Q4 2023.
  • Median Gross Margin over the past 5 years was 69.92% (2022), compared with a mean of 69.94%.
  • The widest YoY moves for Gross Margin: up 410bps in 2022, down -6951bps in 2022.
  • Thermo Fisher Scientific's Gross Margin stood at 67.84% in 2022, then dropped by -3bps to 65.71% in 2023, then grew by 6bps to 69.59% in 2024, then increased by 6bps to 73.56% in 2025, then fell by -4bps to 70.37% in 2026.
  • The last three reported values for Gross Margin were 70.37% (Q1 2026), 73.56% (Q4 2025), and 70.16% (Q3 2025) per Business Quant data.