Thermo Fisher Scientific (TMO) Market Capitalization (2009 - 2026)
Thermo Fisher Scientific (TMO) reported Market Capitalization of $249.1 billion for Q3 2026, up 42.8% from $174.42 billion a year earlier and up 31.3% from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) Market Capitalization (2009 - 2026) Analysis & Trends
For FY2025, Thermo Fisher Scientific posted Market Capitalization of $215.26 billion, up 9.7% from FY2024.
- Market Capitalization has a five-year compound annual growth rate of 3.3% (FY2020 to FY2025).
- By year, Market Capitalization came in at $196.26 billion in FY2024 (-3.0%), $202.4 billion in FY2023 (-4.6%), $212.25 billion in FY2022 (-18.7%) and $261.02 billion in FY2021 (+42.3%).
- The Q3 2026 figure ranks as the highest quarterly Market Capitalization since Q4 2021.
- Year over year, Market Capitalization gained in three of the last eight quarters, with an average decline of 0.3%.
- The high point for year-over-year Market Capitalization in five years was Q3 2026 (growth of 42.8%); the low point was Q2 2025 (a decline of 27.0%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $189.69 billion (Q2 2026), $175.91 billion (Q1 2026) and $215.26 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn |
| 10 | Agilent Technologies | 49.29 Bn | 42.18 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 26, 2026 | 249.10 Bn |
| Jun 27, 2026 | 189.69 Bn |
| Mar 28, 2026 | 175.91 Bn |
| Dec 31, 2025 | 215.26 Bn |
| Sep 27, 2025 | 174.42 Bn |
| Jun 28, 2025 | 154.17 Bn |
| Mar 29, 2025 | 188.81 Bn |
| Dec 31, 2024 | 196.26 Bn |
| Sep 28, 2024 | 235.02 Bn |
| Jun 29, 2024 | 211.24 Bn |
| Mar 30, 2024 | 221.86 Bn |
| Dec 31, 2023 | 202.40 Bn |
| Sep 30, 2023 | 195.57 Bn |
| Jul 1, 2023 | 201.37 Bn |
| Apr 1, 2023 | 222.32 Bn |
| Dec 31, 2022 | 212.25 Bn |
| Oct 1, 2022 | 198.92 Bn |
| Jul 2, 2022 | 214.81 Bn |
| Apr 2, 2022 | 231.88 Bn |
| Dec 31, 2021 | 261.02 Bn |
API Access
Thermo Fisher Scientific Market Capitalization 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=market-capitalization&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();