Thermo Fisher Scientific TMO
NYSE TMO
$680.20 +1.60 (+0.24%)
As of: Sep 29, 2026 · 3:59 PM EDT

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

Updated

Thermo Fisher Scientific's Price to Sales came in at 4.09 for Q2 2026, up 14.7% from 3.57 a year earlier and up 5.2% 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 five-year range for quarterly Price to Sales is 3.57 (Q2 2025) to 6.66 (Q4 2021).
  • Year-over-year, Price to Sales increased in three of the last eight quarters, with an average decline of 5.4%.
  • The fastest year-over-year change in Price to Sales over five years came in Q3 2024 (growth of 23.2%), and the weakest in Q4 2022 (a decline of 29.0%).
  • Business Quant data shows TMO's Price to Sales at 3.89 (Q1 2026), 4.83 (Q4 2025) and 3.99 (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Thermo Fisher Scientific 250.84 Bn 229.99 Bn 4.88 Bn
2 Abbott Laboratories 174.73 Bn 145.82 Bn 7.27 Bn
3 Danaher 159.85 Bn 143.67 Bn 3.61 Bn
4 Intuitive Surgical 146.79 Bn 126.35 Bn 1.96 Bn
5 Medtronic 114.54 Bn 80.41 Bn 6.34 Bn
6 Stryker 105.67 Bn 91.79 Bn 4.50 Bn
7 Boston Scientific 63.93 Bn 58.94 Bn 3.85 Bn
8 Becton Dickinson 50.12 Bn 47.27 Bn 2.32 Bn
9 Edwards Lifesciences 50.06 Bn 34.17 Bn 1.35 Bn
10 Agilent Technologies 49.40 Bn 42.29 Bn 1.04 Bn
Historic Data

Historic Data

Download Data
DateValue
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
Oct 2, 2021 5.78
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