Thermo Fisher Scientific (TMO) Interest Coverage Ratio (2009 - 2026)
Thermo Fisher Scientific's (TMO) Interest Coverage Ratio was 5.20 for Q2 2026, up 14.6% from 4.54 a year earlier but down 1.1% from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Thermo Fisher Scientific's Interest Coverage Ratio came in at 5.55, up 3.5% year-over-year; for FY2025, it was 5.46, up 3.4% from FY2024.
- By year, Interest Coverage Ratio came in at 5.28 in FY2024 (+5.8%), 4.99 in FY2023 (-56.9%), 11.56 in FY2022 (-38.2%) and 18.71 in FY2021 (+32.7%).
- Five-year quarterly Interest Coverage Ratio spans a low of 4.54 in Q2 2025 and a high of 20.74 in Q1 2022.
- Year over year, Interest Coverage Ratio gained in four of the last eight quarters, with growth averaging 7.3%.
- The high point for year-over-year Interest Coverage Ratio in five years was Q4 2024 (growth of 33.8%); the low point was Q1 2023 (a decline of 74.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 5.26 (Q1 2026), 6.18 (Q4 2025) and 5.59 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 5.20 |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 4.82 |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 10.53 |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | - |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 11.77 |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 12.27 |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 5.02 |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | - |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 15.31 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
API Access
Thermo Fisher Scientific Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TMO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();