Thermo Fisher Scientific (TMO) Return on Capital Employed (2009 - 2026)

Thermo Fisher Scientific has reported Return on Capital Employed for 18 years, with the latest figure at 8.3% in Q2 2026.

• Return on Capital Employed for Q2 2026 came in at 8.3%, down 17.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 8.3% (down 17.0% YoY), and the FY2025 annual result was 8.74%, up 8.0% from the prior year.
• Return on Capital Employed climbed to 8.3% in Q2 2026, from 8.12% in the prior quarter.
• Over five years, Return on Capital Employed peaked at 11.97% in Q2 2022 and troughed at 8.12% in Q1 2026.
• A 5-year average of 9.16% and a median of 8.52% in 2024 frame the typical range for Return on Capital Employed.
• The widest annual swing landed in 2022, when Return on Capital Employed slumped 593 bps; it then jumped 41 bps in 2025.
• A 5-year view of Return on Capital Employed shows it stood at 10.92% in 2022, then fell by 25 bps to 8.18% in 2023, then grew by 5 bps to 8.58% in 2024, then fell by 1 bps to 8.47% in 2025, then fell by 2 bps to 8.3% in 2026.
• Per Business Quant data, the three most recent Return on Capital Employed figures were 8.3% in Q2 2026, 8.12% in Q1 2026, and 8.47% in Q4 2025.