Thermo Fisher Scientific TMO
NYSE TMO
$695.08 +18.09 (+2.67%)
At close: Nov 6, 2026 · 4:00 PM EST

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

Updated

Thermo Fisher Scientific's Price to Sales came in at 5.26 for Q3 2026, up 31.9% from 3.99 a year earlier and up 28.5% from the prior quarter.

Analysis

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

For FY2025, Thermo Fisher Scientific's Price to Sales was 4.83, up 5.5% from FY2024.

  • Going back by year, Price to Sales was 4.58 in FY2024 (-3.1%), 4.72 in FY2023 (-0.1%), 4.73 in FY2022 (-29.0%) and 6.66 in FY2021 (+16.9%).
  • The Q3 2026 figure represents the highest quarterly Price to Sales since Q3 2024.
  • Year-over-year, Price to Sales increased in three of the last eight quarters, with an average decline of 4.3%.
  • The fastest year-over-year change in Price to Sales over five years came in Q3 2026 (growth of 31.9%), and the weakest in Q4 2022 (a decline of 29.0%).
  • Business Quant data shows TMO's Price to Sales at 4.09 (Q2 2026), 3.89 (Q1 2026) and 4.83 (Q4 2025) in the three quarters before Q3 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 257.79 Bn 234.30 Bn 5.13 Bn
2 Abbott Laboratories 190.83 Bn 164.70 Bn 7.39 Bn
3 Danaher 162.10 Bn 141.75 Bn 3.84 Bn
4 Intuitive Surgical 158.05 Bn 138.34 Bn 2.08 Bn
5 Medtronic 130.31 Bn 95.56 Bn 6.34 Bn
6 Stryker 124.76 Bn 110.95 Bn 4.25 Bn
7 Boston Scientific 62.03 Bn 57.46 Bn 3.43 Bn
8 Edwards Lifesciences 58.73 Bn 41.94 Bn 1.35 Bn
9 Becton Dickinson 58.33 Bn 55.48 Bn 2.32 Bn
10 Agilent Technologies 49.29 Bn 42.18 Bn 1.04 Bn
Historic Data

Historic Data

Download Data
DateValue
Sep 26, 2026 5.26
Jun 27, 2026 4.09
Mar 28, 2026 3.89
Dec 31, 2025 4.83
Sep 27, 2025 3.99
Jun 28, 2025 3.57
Mar 29, 2025 4.40
Dec 31, 2024 4.58
Sep 28, 2024 5.55
Jun 29, 2024 4.99
Mar 30, 2024 5.22
Dec 31, 2023 4.72
Sep 30, 2023 4.50
Jul 1, 2023 4.63
Apr 1, 2023 5.07
Dec 31, 2022 4.73
Oct 1, 2022 4.50
Jul 2, 2022 5.02
Apr 2, 2022 5.64
Dec 31, 2021 6.66
API Access

Thermo Fisher Scientific Price to Sales API

Pull this series into your own models, spreadsheets and apps with the Business Quant Historical Metrics API. The request below matches the chart above — change the frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.

https://data.businessquant.com/historic?slug=price-to-sales&ticker=TMO&period=max&api_key=YOUR_API_KEY