Thermo Fisher Scientific TMO
NYSE TMO
$613.75 -4.62 (-0.75%)
At close: Sep 4, 2026 · 4:00 PM EDT

Thermo Fisher Scientific (TMO) Price to Earnings (2009 - 2026)

Thermo Fisher Scientific's (TMO) quarterly Price to Earnings came in at 107.96 in Q2 2026, up 13.24% on a YoY basis from 95.34 in Q2 2025, and up 2.13% quarter-over-quarter from 105.72 in Q1 2026.

Analysis

Thermo Fisher Scientific (TMO) Price to Earnings (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific (TMO) has reported Price to Earnings for 18 consecutive years, with 107.96 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Price to Earnings rose 13.24% year-over-year to 107.96; the trailing twelve-month figure through Jun 2026 stood at 26.94 (up 15.07% YoY), and the FY2025 full-year result was 31.84, up 2.77% from the prior year.
  • Price to Earnings improved to 107.96 in Q2 2026 per TMO's latest filing, from 105.72 in the prior quarter.
  • Across five years, Price to Earnings topped out at 172.47 in Q2 2023 and bottomed at 95.34 in Q2 2025.
  • Historically, Price to Earnings has averaged 125.82 across 5 years, with a median of 124.73 in 2023.
  • The sharpest annual moves came in 2023 and 2025: Price to Earnings soared 64.75% in 2023, then tumbled 30.13% in 2025.
  • Over 5 years, Price to Earnings stood at 134.68 in 2022, then fell by 7.8% to 124.17 in 2023, then retreated by 13.63% to 107.25 in 2024, then grew by 0.36% to 107.63 in 2025, then climbed by 0.31% to 107.96 in 2026.
  • According to Business Quant data, Price to Earnings over the past three periods registered 107.96, 105.72, and 107.63 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 226.93 Bn 222.99 Bn 8.34 Bn
2 Danaher 145.94 Bn 141.60 Bn 3.61 Bn
3 Agilent Technologies 42.55 Bn 40.79 Bn 1.04 Bn
4 Illumina 32.95 Bn 31.78 Bn 770.00 Mn
5 Revvity 14.53 Bn 13.51 Bn 416.87 Mn
6 Bio-Techne 11.31 Bn 11.04 Bn 211.39 Mn
7 Bio-Rad Laboratories 10.34 Bn 8.72 Bn 345.80 Mn
8 Repligen 9.46 Bn 8.44 Bn 110.04 Mn
9 Bruker 8.91 Bn 8.73 Bn 416.00 Mn
10 10x Genomics 8.16 Bn 7.61 Bn 112.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 27, 2026 107.96
Mar 28, 2026 105.72
Dec 31, 2025 107.63
Sep 27, 2025 107.73
Jun 28, 2025 95.34
Mar 29, 2025 125.29
Dec 31, 2024 107.25
Sep 28, 2024 144.18
Jun 29, 2024 136.46
Mar 30, 2024 167.06
Dec 31, 2023 124.17
Sep 30, 2023 114.04
Jul 1, 2023 147.96
Apr 1, 2023 172.47
Dec 31, 2022 134.68
Oct 1, 2022 133.06
Jul 2, 2022 129.09
Apr 2, 2022 104.69
Dec 31, 2021 157.43
Oct 2, 2021 118.65