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

Thermo Fisher Scientific (TMO) recorded quarterly Return on Invested Capital of 0.0% in Q1 2026, down 2.18% on a QoQ basis from 0.0% in Q4 2025, and little changed year-over-year from 0.0% in Q1 2025.

Thermo Fisher Scientific (TMO) Return on Invested Capital (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific has disclosed Return on Invested Capital across 18 years of filings, most recently posting 0.0% for Q1 2026.

  • Quarterly Return on Invested Capital changed 0.0% year-over-year to 0.0% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.0% (changed 0.0% YoY) and the FY2025 annual result came in at 0.0%, changed 0.0% from the prior year.
  • Return on Invested Capital slipped to 0.0% in Q1 2026, from 0.0% in the prior quarter.
  • Over five years, Return on Invested Capital peaked at 0.0% in Q3 2022 and troughed at 0.0% in Q3 2024.
  • A 5-year average of 0.0% and a median of 0.0% in 2025 frame the typical range for Return on Invested Capital.
  • Biggest YoY gain for Return on Invested Capital was 0 bps in 2022; the steepest drop was 0 bps in 2022.
  • Tracing TMO's Return on Invested Capital over 5 years: stood at 0.0% in 2022, then slipped by 20 bps to 0.0% in 2023, then slipped by 0 bps to 0.0% in 2024, then dropped by 1 bps to 0.0% in 2025, then fell by 2 bps to 0.0% in 2026.
  • Business Quant data shows TMO's Return on Invested Capital at 0.0% in Q1 2026, 0.0% in Q4 2025, and 0.0% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROIC (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 0.00%
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 0.00%
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 0.00%
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 0.01%
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 0.00%
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 0.00%
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 0.00%
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 0.00%
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 0.01%
10 Quest Diagnostics 22.51 Bn 22.42 Bn 942.00 Mn 0.00%

Historic Data

Download Data
DateValue
Mar 28, 2026 0.00%
Dec 31, 2025 0.00%
Sep 27, 2025 0.00%
Jun 28, 2025 0.00%
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 0.00%
Dec 31, 2022 0.00%
Oct 1, 2022 0.00%
Jul 2, 2022 0.00%
Apr 2, 2022 0.00%
Dec 31, 2021 0.00%
Oct 2, 2021 0.00%
Jul 3, 2021 0.00%