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

Thermo Fisher Scientific (TMO) posted Interest Coverage Ratio of 5.26 for Q1 2026, down 14.82% quarter-over-quarter from 6.18 in Q4 2025, and down 7.07% year-on-year from 5.66 in Q1 2025.

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 5.26 the latest figure, recorded in Q1 2026.

  • Interest Coverage Ratio for Q1 2026 came in at 5.26, down 7.07% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.37 (down 3.37% YoY), and the FY2025 annual result was 5.46, up 3.42% from the prior year.
  • Interest Coverage Ratio was 5.26 for Q1 2026 at Thermo Fisher Scientific, down from 6.18 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 20.74 in Q2 2022 and troughed at 4.54 in Q2 2025.
  • Average Interest Coverage Ratio over 5 years is 7.03, with a median of 5.26 recorded in 2026.
  • Year-over-year, Interest Coverage Ratio tumbled 74.88% in 2023 and surged 33.78% in 2024.
  • Over 5 years, Interest Coverage Ratio stood at 6.92 in 2022, then slumped by 31.29% to 4.75 in 2023, then surged by 33.78% to 6.36 in 2024, then dropped by 2.85% to 6.18 in 2025, then dropped by 14.82% to 5.26 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 5.26 in Q1 2026, 6.18 in Q4 2025, and 5.59 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -0.98
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 5.26
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 21.33
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 46.84
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -104.84
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 15.96
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.68
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 8.71
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 14.05
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn -

Historic Data

Download Data
DateValue
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
Jul 3, 2021 17.73