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

Thermo Fisher Scientific (TMO) recorded quarterly Interest Coverage Ratio of 5.26 in Q1 2026, down 14.82% on a QoQ basis from 6.18 in Q4 2025, and down 7.07% year-over-year from 5.66 in Q1 2025.

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

Thermo Fisher Scientific has disclosed Interest Coverage Ratio across 15 years of filings, most recently posting 5.26 for Q1 2026.

  • Quarterly Interest Coverage Ratio fell 7.07% year-over-year to 5.26 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 5.37 (down 3.37% YoY) and the FY2025 annual result came in at 5.46, up 3.42% from the prior year.
  • Interest Coverage Ratio fell to 5.26 in Q1 2026, 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.
  • A 5-year average of 7.03 and a median of 5.26 in 2026 frame the typical range for Interest Coverage Ratio.
  • Annual changes were most pronounced in 2023 — Interest Coverage Ratio sank 74.88% — and 2024, when it soared 33.78%.
  • Tracing TMO's Interest Coverage Ratio over 5 years: 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 14.82% to 5.26 in 2026.
  • Business Quant data shows TMO's Interest Coverage Ratio at 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 29,902.70 Bn 29,902.24 Bn 1.11 Bn -0.98
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 5.26
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 21.33
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 46.84
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 15.96
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 2.68
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -104.84
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 8.71
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 14.05
10 Quest Diagnostics 21.68 Bn 21.59 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