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

Thermo Fisher Scientific (TMO) recorded quarterly Non-Current Deferred Tax Liability of $2.1 billion in Q1 2026, up 41.13% on a QoQ basis from $1.5 billion in Q4 2025, and up 102.4% year-over-year from $1.0 billion in Q1 2025.

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

Thermo Fisher Scientific has disclosed Non-Current Deferred Tax Liability across 18 years of filings, most recently posting $2.1 billion for Q1 2026.

  • Quarterly Non-Current Deferred Tax Liability rose 102.4% year-over-year to $2.1 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $2.1 billion (up 102.4% YoY) and the FY2025 annual result came in at $1.5 billion, up 17.74% from the prior year.
  • Non-Current Deferred Tax Liability advanced to $2.1 billion in Q1 2026, from $1.5 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 $2.1 billion and a median of $1.9 billion in 2023 frame the typical range for Non-Current Deferred Tax Liability.
  • Annual changes were most pronounced in 2022 — Non-Current Deferred Tax Liability jumped 114.33% — and 2025, when it sank 58.84%.
  • Tracing TMO's Non-Current Deferred Tax Liability over 5 years: 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 soared by 41.13% to $2.1 billion in 2026.
  • Business Quant data shows TMO's Non-Current Deferred Tax Liability at $2.1 billion in Q1 2026, $1.5 billion in Q4 2025, and $842.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn

Historic Data

Download Data
DateValue
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
Dec 31, 2023 1.92 Bn
Dec 31, 2023 1.92 Bn