Thermo Fisher Scientific (TMO) Shares Outstanding (Diluted) (2009 - 2026)
Thermo Fisher Scientific (TMO) reported Shares Outstanding (Diluted) of 371 million for Q2 2026, down 1.9% from 378 million a year earlier and down 0.5% from the prior quarter.
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Analysis
Thermo Fisher Scientific (TMO) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Thermo Fisher Scientific posted Shares Outstanding (Diluted) of 378 million, down 1.3% from FY2024.
- Shares Outstanding (Diluted) has declined for seven consecutive years, with a five-year compound annual growth rate of -1.1% (FY2020 to FY2025).
- By year, Shares Outstanding (Diluted) came in at 383 million in FY2024 (-1.3%), 388 million in FY2023 (-1.5%), 394 million in FY2022 (-0.8%) and 397 million in FY2021 (-0.5%).
- The Q2 2026 figure ranks as the lowest quarterly Shares Outstanding (Diluted) since Q4 2013.
- Year over year, Shares Outstanding (Diluted) has now declined in each of the last 30 quarters, with an average decline of 1.4% over the last eight quarters.
- Across the past five years, year-over-year decline in Shares Outstanding (Diluted) ran from 0.5% in Q4 2021 to 1.9% in Q2 2026.
- Per Business Quant data, the three quarters before Q2 2026 came in at 373 million (Q1 2026), 378 million (Q4 2025) and 378 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 371.00 Mn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 1.74 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 707.60 Mn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 357.30 Mn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 1.29 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 386.00 Mn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 1.47 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 275.16 Mn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 577.60 Mn |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 283.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 371.00 Mn |
| Mar 28, 2026 | 373.00 Mn |
| Dec 31, 2025 | 378.00 Mn |
| Sep 27, 2025 | 378.00 Mn |
| Jun 28, 2025 | 378.00 Mn |
| Mar 29, 2025 | 379.00 Mn |
| Dec 31, 2024 | 383.00 Mn |
| Sep 28, 2024 | 384.00 Mn |
| Jun 29, 2024 | 383.00 Mn |
| Mar 30, 2024 | 384.00 Mn |
| Dec 31, 2023 | 388.00 Mn |
| Sep 30, 2023 | 388.00 Mn |
| Jul 1, 2023 | 388.00 Mn |
| Apr 1, 2023 | 388.00 Mn |
| Dec 31, 2022 | 394.00 Mn |
| Oct 1, 2022 | 395.00 Mn |
| Jul 2, 2022 | 394.00 Mn |
| Apr 2, 2022 | 395.00 Mn |
| Dec 31, 2021 | 397.00 Mn |
| Oct 2, 2021 | 397.00 Mn |
API Access
Thermo Fisher Scientific Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=TMO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=TMO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();