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

Thermo Fisher Scientific (TMO) posted quarterly Interest Coverage Ratio of 5.2 for Q2 2026, up 14.65% year-over-year from 4.54 in Q2 2025, and down 1.11% on a QoQ basis from 5.26 in Q1 2026.

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

Thermo Fisher Scientific has reported Interest Coverage Ratio for 18 years, with the latest figure at 5.2 in Q2 2026.

  • Interest Coverage Ratio for Q2 2026 came in at 5.2, up 14.65% year-over-year; the trailing twelve-month figure through Jun 2026 was 5.55 (up 3.5% YoY), and the FY2025 annual result was 1.08, up 1.78% from the prior year.
  • Interest Coverage Ratio fell to 5.2 in Q2 2026, from 5.26 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 5.24 in 2023 frame the typical range for Interest Coverage Ratio.
  • The widest annual swing landed in 2023, when Interest Coverage Ratio plunged 74.88%; it then soared 37.21% in 2024.
  • A 5-year view of Interest Coverage Ratio shows it stood at 8.86 in 2022, then plunged by 47.7% to 4.64 in 2023, then soared by 37.21% to 6.36 in 2024, then retreated by 2.85% to 6.18 in 2025, then retreated by 15.76% to 5.2 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 5.2 in Q2 2026, 5.26 in Q1 2026, and 6.18 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Thermo Fisher Scientific 213.92 Bn 209.86 Bn 8.34 Bn 5.20
2 Danaher 140.37 Bn 136.02 Bn 3.61 Bn 8.67
3 Idexx Laboratories 46.17 Bn 45.97 Bn 779.09 Mn 2.91
4 Agilent Technologies 39.76 Bn 37.96 Bn 990.00 Mn 5.47
5 Iqvia Holdings 39.41 Bn 37.33 Bn 1.44 Bn 2.57
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn -0.46
7 Illumina 30.07 Bn 28.90 Bn 770.00 Mn 6.13
8 Mettler Toledo International 28.62 Bn 28.56 Bn 650.22 Mn 14.79
9 Quest Diagnostics 26.15 Bn 25.53 Bn 1.03 Bn 4.29
10 Labcorp Holdings 25.87 Bn 24.89 Bn 1.01 Bn 0.22

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 4.64
Sep 30, 2023 5.19
Jul 1, 2023 4.84
Apr 1, 2023 5.21
Dec 31, 2022 8.86
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