Growth Metrics

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

Historic Tax Rate for Thermo Fisher Scientific (TMO) over the last 17 years, with Q3 2025 value amounting to 11.34%.

  • Thermo Fisher Scientific's Tax Rate rose 56500.0% to 11.34% in Q3 2025 from the same period last year, while for Sep 2025 it was 7.67%, marking a year-over-year decrease of 17100.0%. This contributed to the annual value of 9.34% for FY2024, which is 48300.0% up from last year.
  • Latest data reveals that Thermo Fisher Scientific reported Tax Rate of 11.34% as of Q3 2025, which was up 56500.0% from 5.38% recorded in Q2 2025.
  • Thermo Fisher Scientific's Tax Rate's 5-year high stood at 17.68% during Q1 2024, with a 5-year trough of 1.94% in Q4 2022.
  • For the 5-year period, Thermo Fisher Scientific's Tax Rate averaged around 8.5%, with its median value being 7.73% (2024).
  • Its Tax Rate has fluctuated over the past 5 years, first skyrocketed by 143100bps in 2024, then plummeted by -118200bps in 2025.
  • Quarter analysis of 5 years shows Thermo Fisher Scientific's Tax Rate stood at 10.9% in 2021, then fell by -11bps to 9.74% in 2022, then decreased by -21bps to 7.64% in 2023, then rose by 1bps to 7.73% in 2024, then surged by 47bps to 11.34% in 2025.
  • Its Tax Rate was 11.34% in Q3 2025, compared to 5.38% in Q2 2025 and 5.86% in Q1 2025.