Thermo Fisher Scientific (TMO) Non-Current Deferred Tax Liability (2009 - 2026)

Thermo Fisher Scientific (TMO) posted quarterly Non-Current Deferred Tax Liability of $1.6 billion for Q2 2026, up 153.04% year-over-year from $624.0 million in Q2 2025, and down 25.06% on a QoQ basis from $2.1 billion in Q1 2026.

Thermo Fisher Scientific (TMO) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific has reported Non-Current Deferred Tax Liability for 18 years, with the latest figure at $1.6 billion in Q2 2026.

  • Non-Current Deferred Tax Liability for Q2 2026 came in at $1.6 billion, up 153.04% year-over-year; the trailing twelve-month figure through Jun 2026 was $1.6 billion (up 153.04% YoY), and the FY2025 annual result was $1.5 billion, up 17.74% from the prior year.
  • Non-Current Deferred Tax Liability declined to $1.6 billion in Q2 2026, from $2.1 billion in the prior quarter.
  • Over five years, Non-Current Deferred Tax Liability peaked at $3.5 billion in Q2 2022 and troughed at $624.0 million in Q2 2025.
  • A 5-year average of $2.0 billion and a median of $1.9 billion in 2023 frame the typical range for Non-Current Deferred Tax Liability.
  • The widest annual swing landed in 2025, when Non-Current Deferred Tax Liability plunged 58.84%; it then soared 153.04% in 2026.
  • A 5-year view of Non-Current Deferred Tax Liability shows it stood at $2.8 billion in 2022, then sank by 32.54% to $1.9 billion in 2023, then tumbled by 34.03% to $1.3 billion in 2024, then rose by 17.74% to $1.5 billion in 2025, then grew by 5.76% to $1.6 billion in 2026.
  • Per Business Quant data, the three most recent Non-Current Deferred Tax Liability figures were $1.6 billion in Q2 2026, $2.1 billion in Q1 2026, and $1.5 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 213.92 Bn 209.86 Bn 8.34 Bn
2 Danaher 140.37 Bn 136.02 Bn 3.61 Bn
3 Idexx Laboratories 46.17 Bn 45.97 Bn 779.09 Mn
4 Agilent Technologies 39.76 Bn 37.96 Bn 990.00 Mn
5 Iqvia Holdings 39.41 Bn 37.33 Bn 1.44 Bn
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn
7 Illumina 30.07 Bn 28.90 Bn 770.00 Mn
8 Mettler Toledo International 28.62 Bn 28.56 Bn 650.22 Mn
9 Quest Diagnostics 26.15 Bn 25.53 Bn 1.03 Bn
10 Labcorp Holdings 25.87 Bn 24.89 Bn 1.01 Bn

Historic Data

Download Data
DateValue
Jun 27, 2026 1.58 Bn
Jun 27, 2026 1.58 Bn
Mar 28, 2026 2.11 Bn
Mar 28, 2026 2.11 Bn
Dec 31, 2025 1.49 Bn
Dec 31, 2025 1.49 Bn
Sep 27, 2025 842.00 Mn
Sep 27, 2025 842.00 Mn
Jun 28, 2025 624.00 Mn
Jun 28, 2025 624.00 Mn
Mar 29, 2025 1.04 Bn
Mar 29, 2025 1.04 Bn
Dec 31, 2024 1.27 Bn
Dec 31, 2024 1.27 Bn
Sep 28, 2024 1.12 Bn
Sep 28, 2024 1.12 Bn
Jun 29, 2024 1.52 Bn
Jun 29, 2024 1.52 Bn
Mar 30, 2024 1.81 Bn
Mar 30, 2024 1.81 Bn