Thermo Fisher Scientific (TMO) Return on Invested Capital (2009 - 2026)
Thermo Fisher Scientific (TMO) posted quarterly Return on Invested Capital of 0.01% for Q2 2026, little changed year-over-year from 0.01% in Q2 2025, and down 3.17% on a QoQ basis from 0.01% in Q1 2026.
Thermo Fisher Scientific (TMO) Return on Invested Capital (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific has reported Return on Invested Capital for 18 years, with the latest figure at 0.01% in Q2 2026.
- Return on Invested Capital for Q2 2026 came in at 0.01%, changed 0.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 0.01% (changed 0.0% YoY), and the FY2025 annual result was 0.02%, changed 0.0% from the prior year.
- Return on Invested Capital retreated to 0.01% in Q2 2026, from 0.01% in the prior quarter.
- Over five years, Return on Invested Capital peaked at 0.02% in Q2 2022 and troughed at 0.0% in Q4 2023.
- A 5-year average of 0.01% and a median of 0.01% in 2025 frame the typical range for Return on Invested Capital.
- The largest YoY upside for Return on Invested Capital was 0 bps in 2022 against a maximum downside of 2 bps in 2022.
- A 5-year view of Return on Invested Capital shows it stood at 0.01% in 2022, then tumbled by 66 bps to 0.0% in 2023, then increased by 24 bps to 0.0% in 2024, then soared by 52 bps to 0.01% in 2025, then retreated by 7 bps to 0.01% in 2026.
- Per Business Quant data, the three most recent Return on Invested Capital figures were 0.01% in Q2 2026, 0.01% in Q1 2026, and 0.01% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.73 Bn | 209.67 Bn | 8.34 Bn | 0.01% |
| 2 | Danaher | 140.25 Bn | 135.90 Bn | 3.61 Bn | 0.02% |
| 3 | Idexx Laboratories | 46.31 Bn | 46.11 Bn | 779.09 Mn | 0.01% |
| 4 | Agilent Technologies | 39.72 Bn | 37.91 Bn | 990.00 Mn | 0.02% |
| 5 | Iqvia Holdings | 39.32 Bn | 37.24 Bn | 1.44 Bn | 0.00% |
| 6 | Natera | 38.98 Bn | 37.88 Bn | 696.04 Mn | -0.01% |
| 7 | Illumina | 30.03 Bn | 28.86 Bn | 770.00 Mn | - |
| 8 | Mettler Toledo International | 28.62 Bn | 28.57 Bn | 650.22 Mn | 0.04% |
| 9 | Quest Diagnostics | 26.23 Bn | 25.60 Bn | 1.03 Bn | 0.01% |
| 10 | Labcorp Holdings | 25.87 Bn | 24.88 Bn | 1.01 Bn | 0.04% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 0.01% |
| Mar 28, 2026 | 0.01% |
| Dec 31, 2025 | 0.01% |
| Sep 27, 2025 | 0.01% |
| Jun 28, 2025 | 0.01% |
| Mar 29, 2025 | 0.00% |
| Dec 31, 2024 | 0.00% |
| Sep 28, 2024 | 0.00% |
| Jun 29, 2024 | 0.00% |
| Mar 30, 2024 | 0.00% |
| Dec 31, 2023 | 0.00% |
| Sep 30, 2023 | 0.00% |
| Jul 1, 2023 | 0.00% |
| Apr 1, 2023 | 0.01% |
| Dec 31, 2022 | 0.01% |
| Oct 1, 2022 | 0.01% |
| Jul 2, 2022 | 0.02% |
| Apr 2, 2022 | 0.02% |
| Dec 31, 2021 | 0.03% |
| Oct 2, 2021 | 0.03% |