Thermo Fisher Scientific (TMO) Invested Capital (2009 - 2026)
Thermo Fisher Scientific (TMO) posted Invested Capital of $94.9 billion for Q1 2026, up 2.48% quarter-over-quarter from $92.6 billion in Q4 2025, and up 13.84% year-on-year from $83.3 billion in Q1 2025.
Thermo Fisher Scientific (TMO) Invested Capital (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported Invested Capital for 18 consecutive years, with $94.9 billion the latest figure, recorded in Q1 2026.
- Invested Capital for Q1 2026 came in at $94.9 billion, up 13.84% year-over-year; the trailing twelve-month figure through Mar 2026 was $94.9 billion (up 13.84% YoY), and the FY2025 annual result was $92.6 billion, up 14.84% from the prior year.
- Invested Capital was $94.9 billion for Q1 2026 at Thermo Fisher Scientific, up from $92.6 billion in the prior quarter.
- Over five years, Invested Capital peaked at $94.9 billion in Q1 2026 and troughed at $72.4 billion in Q3 2022.
- Average Invested Capital over 5 years is $81.5 billion, with a median of $80.9 billion recorded in 2024.
- Year-over-year, Invested Capital soared 37.91% in 2022 and decreased 1.02% in 2024.
- Over 5 years, Invested Capital stood at $78.3 billion in 2022, then gained by 4.01% to $81.5 billion in 2023, then decreased by 1.02% to $80.6 billion in 2024, then rose by 14.84% to $92.6 billion in 2025, then climbed by 2.48% to $94.9 billion in 2026.
- Per Business Quant data, the three most recent Invested Capital figures were $94.9 billion in Q1 2026, $92.6 billion in Q4 2025, and $86.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 31,055.11 Bn | 31,054.65 Bn | 1.11 Bn | 15.29 Bn |
| 2 | Thermo Fisher Scientific | 191.02 Bn | 187.77 Bn | 7.74 Bn | 94.88 Bn |
| 3 | Danaher | 137.16 Bn | 131.47 Bn | 3.59 Bn | 71.43 Bn |
| 4 | Idexx Laboratories | 42.82 Bn | 42.62 Bn | 722.74 Mn | 2.09 Bn |
| 5 | Natera | 39.09 Bn | 37.99 Bn | 696.04 Mn | 1.80 Bn |
| 6 | Agilent Technologies | 37.61 Bn | 35.81 Bn | 990.00 Mn | 2.85 Bn |
| 7 | Iqvia Holdings | 34.23 Bn | 32.25 Bn | 1.36 Bn | 9.31 Bn |
| 8 | Illumina | 28.14 Bn | 26.98 Bn | 721.00 Mn | 2.68 Bn |
| 9 | Mettler Toledo International | 26.40 Bn | 26.33 Bn | 555.82 Mn | 25.16 Mn |
| 10 | Quest Diagnostics | 23.76 Bn | 23.67 Bn | 942.00 Mn | 8.17 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 28, 2026 | 94.88 Bn |
| Dec 31, 2025 | 92.59 Bn |
| Sep 27, 2025 | 86.51 Bn |
| Jun 28, 2025 | 85.51 Bn |
| Mar 29, 2025 | 83.35 Bn |
| Dec 31, 2024 | 80.62 Bn |
| Sep 28, 2024 | 84.09 Bn |
| Jun 29, 2024 | 82.62 Bn |
| Mar 30, 2024 | 80.90 Bn |
| Dec 31, 2023 | 81.45 Bn |
| Sep 30, 2023 | 80.43 Bn |
| Jul 1, 2023 | 77.61 Bn |
| Apr 1, 2023 | 77.36 Bn |
| Dec 31, 2022 | 78.31 Bn |
| Oct 1, 2022 | 72.55 Bn |
| Jul 2, 2022 | 72.41 Bn |
| Apr 2, 2022 | 74.08 Bn |
| Dec 31, 2021 | 75.53 Bn |
| Oct 2, 2021 | 60.36 Bn |
| Jul 3, 2021 | 55.68 Bn |