Thermo Fisher Scientific (TMO) Return on Assets [ROA] (2009 - 2026)
Thermo Fisher Scientific (TMO) reported Return on Assets [ROA] of 6.17% for Q2 2026, down 0.40 percentage points from 6.57% a year earlier but up 0.03 percentage points from the prior quarter.
Powered by 
Analysis
Thermo Fisher Scientific (TMO) Return on Assets [ROA] (2009 - 2026) Analysis & Trends
For FY2025, Thermo Fisher Scientific posted Return on Assets [ROA] of 6.47%, up 0.01 percentage points from FY2024.
- Return on Assets [ROA] has a five-year change of -3.54 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 6.47% in FY2024 (+0.39 pp), 6.08% in FY2023 (-1.16 pp), 7.24% in FY2022 (-2.17 pp) and 9.41% in FY2021 (-0.59 pp).
- Five-year quarterly Return on Assets [ROA] spans a low of 6.07% in Q2 2023 and a high of 12.13% in Q3 2021.
- Year over year, Return on Assets [ROA] has now declined in each of the last three quarters, with an average year-over-year change of +0.04 percentage points over the last eight quarters.
- The high point for year-over-year Return on Assets [ROA] in five years was Q3 2021 (a gain of 4.36 percentage points); the low point was Q2 2022 (a drop of 4.75 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 6.14% (Q1 2026), 6.30% (Q4 2025) and 6.44% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 6.17% |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 4.94% |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 4.54% |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 15.41% |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 5.66% |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | -1.94% |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 8.19% |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 1.85% |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 7.38% |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 10.65% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 6.17% |
| Mar 28, 2026 | 6.14% |
| Dec 31, 2025 | 6.30% |
| Sep 27, 2025 | 6.44% |
| Jun 28, 2025 | 6.57% |
| Mar 29, 2025 | 6.64% |
| Dec 31, 2024 | 6.41% |
| Sep 28, 2024 | 6.15% |
| Jun 29, 2024 | 6.32% |
| Mar 30, 2024 | 6.12% |
| Dec 31, 2023 | 6.08% |
| Sep 30, 2023 | 6.20% |
| Jul 1, 2023 | 6.07% |
| Apr 1, 2023 | 6.29% |
| Dec 31, 2022 | 7.42% |
| Oct 1, 2022 | 7.78% |
| Jul 2, 2022 | 8.13% |
| Apr 2, 2022 | 8.10% |
| Dec 31, 2021 | 9.16% |
| Oct 2, 2021 | 12.13% |
API Access
Thermo Fisher Scientific Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "ticker": "TMO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-assets-%5Broa%5D&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();