Thermo Fisher Scientific (TMO) Non-Current Deferred Tax Liability (2009 - 2026)
Thermo Fisher Scientific's (TMO) quarterly Non-Current Deferred Tax Liability came in at $1.6 billion in Q2 2026, up 153.04% on a YoY basis from $624.0 million in Q2 2025, and down 25.06% quarter-over-quarter from $2.1 billion in Q1 2026.
Analysis
Thermo Fisher Scientific (TMO) Non-Current Deferred Tax Liability (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported Non-Current Deferred Tax Liability for 18 consecutive years, with $1.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Non-Current Deferred Tax Liability rose 153.04% year-over-year to $1.6 billion; the trailing twelve-month figure through Jun 2026 stood at $1.6 billion (up 153.04% YoY), and the FY2025 full-year 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 per TMO's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Non-Current Deferred Tax Liability topped out at $3.5 billion in Q2 2022 and bottomed at $624.0 million in Q2 2025.
- Historically, Non-Current Deferred Tax Liability has averaged $2.0 billion across 5 years, with a median of $1.9 billion in 2023.
- The sharpest annual moves came in 2025 and 2026: Non-Current Deferred Tax Liability slumped 58.84% in 2025, then jumped 153.04% in 2026.
- Over 5 years, Non-Current Deferred Tax Liability 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 advanced by 17.74% to $1.5 billion in 2025, then rose by 5.76% to $1.6 billion in 2026.
- According to Business Quant data, Non-Current Deferred Tax Liability over the past three periods registered $1.6 billion, $2.1 billion, and $1.5 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 1.58 Bn |
| Mar 28, 2026 | 2.11 Bn |
| Dec 31, 2025 | 1.49 Bn |
| Sep 27, 2025 | 842.00 Mn |
| Jun 28, 2025 | 624.00 Mn |
| Mar 29, 2025 | 1.04 Bn |
| Dec 31, 2024 | 1.27 Bn |
| Sep 28, 2024 | 1.12 Bn |
| Jun 29, 2024 | 1.52 Bn |
| Mar 30, 2024 | 1.81 Bn |
| Dec 31, 2023 | 1.92 Bn |
| Sep 30, 2023 | 2.62 Bn |
| Jul 1, 2023 | 2.84 Bn |
| Apr 1, 2023 | 2.98 Bn |
| Dec 31, 2022 | 2.85 Bn |
| Oct 1, 2022 | 3.14 Bn |
| Jul 2, 2022 | 3.33 Bn |
| Apr 2, 2022 | 3.49 Bn |
| Dec 31, 2021 | 3.84 Bn |
| Oct 2, 2021 | 1.47 Bn |