Thermo Fisher Scientific (TMO) Inventory Average (2012 - 2026)

Thermo Fisher Scientific (TMO) recorded quarterly Inventory Average of $5.5 billion in Q1 2026, down 2.23% on a QoQ basis from $5.6 billion in Q4 2025, and up 7.05% year-over-year from $5.1 billion in Q1 2025.

Thermo Fisher Scientific (TMO) Inventory Average (2012 - 2026) Analysis & Trends

Thermo Fisher Scientific has disclosed Inventory Average across 15 years of filings, most recently posting $5.5 billion for Q1 2026.

  • Quarterly Inventory Average rose 7.05% year-over-year to $5.5 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $5.5 billion (up 7.05% YoY) and the FY2025 annual result came in at $5.2 billion, up 3.35% from the prior year.
  • Inventory Average eased to $5.5 billion in Q1 2026, from $5.6 billion in the prior quarter.
  • Over five years, Inventory Average peaked at $5.7 billion in Q4 2022 and troughed at $5.1 billion in Q1 2025.
  • A 5-year average of $5.4 billion and a median of $5.5 billion in 2026 frame the typical range for Inventory Average.
  • Annual changes were most pronounced in 2022 — Inventory Average surged 145.21% — and 2024, when it retreated 9.53%.
  • Tracing TMO's Inventory Average over 5 years: stood at $5.7 billion in 2022, then slipped by 7.61% to $5.2 billion in 2023, then retreated by 0.8% to $5.2 billion in 2024, then grew by 7.32% to $5.6 billion in 2025, then dropped by 2.23% to $5.5 billion in 2026.
  • Business Quant data shows TMO's Inventory Average at $5.5 billion in Q1 2026, $5.6 billion in Q4 2025, and $5.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 1.03 Bn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 5.46 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 2.55 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 380.08 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 1.07 Bn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn -
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 69.58 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 587.50 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 396.03 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 207.00 Mn

Historic Data

Download Data
DateValue
Mar 28, 2026 5.46 Bn
Dec 31, 2025 5.59 Bn
Sep 27, 2025 5.65 Bn
Jun 28, 2025 5.39 Bn
Mar 29, 2025 5.10 Bn
Dec 31, 2024 5.20 Bn
Sep 28, 2024 5.31 Bn
Jun 29, 2024 5.17 Bn
Mar 30, 2024 5.11 Bn
Dec 31, 2023 5.25 Bn
Sep 30, 2023 5.53 Bn
Jul 1, 2023 5.66 Bn
Apr 1, 2023 5.65 Bn
Dec 31, 2022 5.68 Bn
Oct 1, 2022 5.70 Bn
Jul 2, 2022 5.58 Bn
Apr 2, 2022 5.27 Bn
Dec 31, 2021 2.54 Bn
Oct 2, 2021 2.32 Bn
Jul 3, 2021 4.48 Bn