Thermo Fisher Scientific (TMO) Net Margin (2009 - 2026)

Thermo Fisher Scientific (TMO) has reported Net Margin for 18 consecutive years, with 15.06% the latest figure, recorded in Q1 2026.

• Net Margin for Q1 2026 came in at 15.06%, up 52.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 15.3% (up 11.0% YoY), and the FY2025 annual result was 15.16%, up 38.0% from the prior year.
• Net Margin was 15.06% for Q1 2026 at Thermo Fisher Scientific, down from 16.32% in the prior quarter.
• Over five years, Net Margin peaked at 18.74% in Q2 2022 and troughed at 12.04% in Q2 2023.
• Average Net Margin over 5 years is 14.84%, with a median of 14.97% recorded in 2023.
• The widest YoY moves for Net Margin: up 222 bps in 2023, down 671 bps in 2023.
• Over 5 years, Net Margin stood at 13.76% in 2022, then grew by 9 bps to 14.97% in 2023, then rose by 7 bps to 16.06% in 2024, then increased by 2 bps to 16.32% in 2025, then decreased by 8 bps to 15.06% in 2026.
• Per Business Quant data, the three most recent Net Margin figures were 15.06% in Q1 2026, 16.32% in Q4 2025, and 14.49% in Q3 2025.