Thermo Fisher Scientific (TMO) Net Cash Flow (2009 - 2026)
Thermo Fisher Scientific (TMO) reported Net Cash Flow of $718 million for Q2 2026, up 498.3% from $120 million a year earlier.
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Analysis
Thermo Fisher Scientific (TMO) Net Cash Flow (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 27, 2026, Thermo Fisher Scientific's Net Cash Flow came in at -$600 million; for FY2025, it came in at $5.57 billion.
- Net Cash Flow has a five-year compound annual growth rate of -6.4% (FY2020 to FY2025).
- By year, Net Cash Flow came in at -$3.97 billion in FY2024, -$358 million in FY2023, $4.19 billion in FY2022 and -$6.04 billion in FY2021.
- Five-year quarterly Net Cash Flow spans a low of -$7.77 billion in Q4 2021 and a high of $7.87 billion in Q4 2025.
- Per Business Quant data, the three quarters before Q2 2026 came in at -$6.68 billion (Q1 2026), $7.87 billion (Q4 2025) and -$2.52 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 718.00 Mn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | -1.70 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | -1.34 Bn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 746.50 Mn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | -169.00 Mn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 527.00 Mn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | -892.00 Mn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | -42.00 Mn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 458.40 Mn |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | -42.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 718.00 Mn |
| Mar 28, 2026 | -6.68 Bn |
| Dec 31, 2025 | 7.87 Bn |
| Sep 27, 2025 | -2.52 Bn |
| Jun 28, 2025 | 120.00 Mn |
| Mar 29, 2025 | 94.00 Mn |
| Dec 31, 2024 | -356.00 Mn |
| Sep 28, 2024 | -2.60 Bn |
| Jun 29, 2024 | 1.59 Bn |
| Mar 30, 2024 | -2.60 Bn |
| Dec 31, 2023 | 1.92 Bn |
| Sep 30, 2023 | 3.09 Bn |
| Jul 1, 2023 | -359.00 Mn |
| Apr 1, 2023 | -5.01 Bn |
| Dec 31, 2022 | 5.35 Bn |
| Oct 1, 2022 | 1.24 Bn |
| Jul 2, 2022 | -796.00 Mn |
| Apr 2, 2022 | -1.61 Bn |
| Dec 31, 2021 | -7.77 Bn |
| Oct 2, 2021 | 5.07 Bn |
API Access
Thermo Fisher Scientific Net Cash Flow 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=net-cash-flow&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "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=net-cash-flow&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();