Thermo Fisher Scientific (TMO) Return on Equity [ROE] (2009 - 2026)
Thermo Fisher Scientific's Return on Equity [ROE] was 13.36% in Q2 2026, up 0.17 percentage points from 13.19% a year earlier and up 0.33 percentage points from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Thermo Fisher Scientific came in at 13.05%, down 0.11 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of -6.81 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 13.17% in FY2024 (+0.04 pp), 13.12% in FY2023 (-3.28 pp), 16.40% in FY2022 (-4.11 pp) and 20.51% in FY2021 (+0.64 pp).
- The Q2 2026 figure marks the highest quarterly Return on Equity [ROE] since Q1 2023.
- Compared with a year earlier, Return on Equity [ROE] was higher in three of the last eight quarters, with an average year-over-year change of -0.04 percentage points.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2021 (a gain of 6.84 percentage points); the worst was Q3 2022 (a drop of 6.27 percentage points).
- Per Business Quant data, TMO's Return on Equity [ROE] in the three quarters before Q2 2026 was 13.03% (Q1 2026), 12.87% (Q4 2025) and 12.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 250.84 Bn | 229.99 Bn | 4.88 Bn | 13.36% |
| 2 | Abbott Laboratories | 174.73 Bn | 145.82 Bn | 7.27 Bn | 10.39% |
| 3 | Danaher | 159.85 Bn | 143.67 Bn | 3.61 Bn | 7.56% |
| 4 | Intuitive Surgical | 146.79 Bn | 126.35 Bn | 1.96 Bn | 17.60% |
| 5 | Medtronic | 114.54 Bn | 80.41 Bn | 6.34 Bn | 10.44% |
| 6 | Stryker | 105.67 Bn | 91.79 Bn | 4.50 Bn | -3.90% |
| 7 | Boston Scientific | 63.93 Bn | 58.94 Bn | 3.85 Bn | 14.31% |
| 8 | Becton Dickinson | 50.12 Bn | 47.27 Bn | 2.32 Bn | 3.88% |
| 9 | Edwards Lifesciences | 50.06 Bn | 34.17 Bn | 1.35 Bn | 9.53% |
| 10 | Agilent Technologies | 49.40 Bn | 42.29 Bn | 1.04 Bn | 19.88% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 13.36% |
| Mar 28, 2026 | 13.03% |
| Dec 31, 2025 | 12.87% |
| Sep 27, 2025 | 12.95% |
| Jun 28, 2025 | 13.19% |
| Mar 29, 2025 | 13.18% |
| Dec 31, 2024 | 12.86% |
| Sep 28, 2024 | 12.70% |
| Jun 29, 2024 | 13.31% |
| Mar 30, 2024 | 13.00% |
| Dec 31, 2023 | 12.94% |
| Sep 30, 2023 | 13.29% |
| Jul 1, 2023 | 13.30% |
| Apr 1, 2023 | 13.97% |
| Dec 31, 2022 | 15.88% |
| Oct 1, 2022 | 16.39% |
| Jul 2, 2022 | 17.87% |
| Apr 2, 2022 | 18.59% |
| Dec 31, 2021 | 19.41% |
| Oct 2, 2021 | 22.66% |
API Access
Thermo Fisher Scientific Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();