Growth Metrics

Thermo Fisher Scientific (TMO) Tax Rate (2016 - 2025)

Thermo Fisher Scientific's Tax Rate history spans 17 years, with the latest figure at 7.11% for Q4 2025.

  • For the quarter ending Q4 2025, Tax Rate fell 62.0% year-over-year to 7.11%, compared with a TTM value of 7.48% through Dec 2025, down 187.0%, and an annual FY2025 reading of 7.48%, down 185.0% over the prior year.
  • Tax Rate for Q4 2025 was 7.11% at Thermo Fisher Scientific, down from 11.34% in the prior quarter.
  • The five-year high for Tax Rate was 17.68% in Q1 2024, with the low at 1.94% in Q4 2022.
  • Average Tax Rate over 5 years is 8.43%, with a median of 7.69% recorded in 2023.
  • Year-over-year, Tax Rate soared 1431bps in 2024 and then crashed -1182bps in 2025.
  • Tracing TMO's Tax Rate over 5 years: stood at 10.9% in 2021, then decreased by -11bps to 9.74% in 2022, then decreased by -21bps to 7.64% in 2023, then increased by 1bps to 7.73% in 2024, then fell by -8bps to 7.11% in 2025.
  • Per Business Quant, the three most recent readings for TMO's Tax Rate are 7.11% (Q4 2025), 11.34% (Q3 2025), and 5.38% (Q2 2025).