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Thermo Fisher Scientific (TMO) Operating Margin: 2009-2025

Historic Operating Margin for Thermo Fisher Scientific (TMO) over the last 17 years, with Sep 2025 value amounting to 17.45%.

  • Thermo Fisher Scientific's Operating Margin rose 11.00% to 17.45% in Q3 2025 from the same period last year, while for Sep 2025 it was 17.16%, marking a year-over-year increase of 23.00%. This contributed to the annual value of 17.11% for FY2024, which is 111.00% up from last year.
  • Thermo Fisher Scientific's Operating Margin amounted to 17.45% in Q3 2025, which was up 3.29% from 16.90% recorded in Q2 2025.
  • Over the past 5 years, Thermo Fisher Scientific's Operating Margin peaked at 30.78% during Q2 2021, and registered a low of 14.59% during Q2 2023.
  • Its 3-year average for Operating Margin is 16.66%, with a median of 17.03% in 2023.
  • As far as peak fluctuations go, Thermo Fisher Scientific's Operating Margin spiked by 1,624bps in 2021, and later plummeted by 928bps in 2023.
  • Thermo Fisher Scientific's Operating Margin (Quarterly) stood at 23.72% in 2021, then slumped by 746bps to 16.25% in 2022, then skyrocketed by 78bps to 17.03% in 2023, then surged by 66bps to 17.69% in 2024, then increased by 11bps to 17.45% in 2025.
  • Its Operating Margin was 17.45% in Q3 2025, compared to 16.90% in Q2 2025 and 16.56% in Q1 2025.