Thermo Fisher Scientific TMO
NYSE TMO
$659.18 +10.75 (+1.66%)
As of: Sep 17, 2026 · 3:59 PM EDT

Thermo Fisher Scientific (TMO) Interest Coverage Ratio (2009 - 2026)

Thermo Fisher Scientific's (TMO) quarterly Interest Coverage Ratio came in at 5.2 in Q2 2026, up 14.65% on a YoY basis from 4.54 in Q2 2025, and down 1.11% quarter-over-quarter from 5.26 in Q1 2026.

Analysis

Thermo Fisher Scientific (TMO) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific (TMO) has reported Interest Coverage Ratio for 15 consecutive years, with 5.2 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Interest Coverage Ratio rose 14.65% year-over-year to 5.2; the trailing twelve-month figure through Jun 2026 stood at 5.55 (up 3.5% YoY), and the FY2025 full-year result was 5.46, up 3.42% from the prior year.
  • Interest Coverage Ratio fell to 5.2 in Q2 2026 per TMO's latest filing, from 5.26 in the prior quarter.
  • Across five years, Interest Coverage Ratio topped out at 20.74 in Q2 2022 and bottomed at 4.54 in Q2 2025.
  • Historically, Interest Coverage Ratio has averaged 6.93 across 5 years, with a median of 5.24 in 2023.
  • The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio slumped 74.88% in 2023, then jumped 33.78% in 2024.
  • Over 5 years, Interest Coverage Ratio stood at 6.92 in 2022, then sank by 31.29% to 4.75 in 2023, then jumped by 33.78% to 6.36 in 2024, then slipped by 2.85% to 6.18 in 2025, then slipped by 15.76% to 5.2 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 5.2, 5.26, and 6.18 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Thermo Fisher Scientific 241.68 Bn 237.61 Bn 8.34 Bn 5.20
2 Danaher 147.34 Bn 142.99 Bn 3.61 Bn 10.53
3 Agilent Technologies 43.34 Bn 41.59 Bn 1.04 Bn 15.31
4 Illumina 34.58 Bn 33.41 Bn 770.00 Mn 10.21
5 Revvity 16.31 Bn 15.29 Bn 416.87 Mn 3.46
6 Bio-Techne 11.28 Bn 11.01 Bn 211.39 Mn 34.99
7 Bio-Rad Laboratories 10.16 Bn 8.54 Bn 345.80 Mn 6.00
8 Repligen 9.77 Bn 8.75 Bn 110.04 Mn 2.47
9 10x Genomics 9.45 Bn 8.90 Bn 112.50 Mn -
10 Bruker 9.26 Bn 9.04 Bn 416.00 Mn -3.67
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 5.20
Mar 28, 2026 5.26
Dec 31, 2025 6.18
Sep 27, 2025 5.59
Jun 28, 2025 4.54
Mar 29, 2025 5.66
Dec 31, 2024 6.36
Sep 28, 2024 5.16
Jun 29, 2024 5.14
Mar 30, 2024 4.58
Dec 31, 2023 4.75
Sep 30, 2023 5.19
Jul 1, 2023 4.84
Apr 1, 2023 5.21
Dec 31, 2022 6.92
Oct 1, 2022 9.88
Jul 2, 2022 13.52
Apr 2, 2022 20.74
Dec 31, 2021 15.76
Oct 2, 2021 17.80