Thermo Fisher Scientific (TMO) Tax Rate (2009 - 2026)

Thermo Fisher Scientific (TMO) has 18 years of Tax Rate data on file, last reported at 4.04% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 183.0% year-over-year to 4.04%; the trailing twelve-month figure through Mar 2026 stood at 7.03% (up 36.0% YoY), and the FY2025 full-year result was 7.48%, down 185.0% from the prior year.
• Tax Rate for Q1 2026 stood at 4.04%, down from 7.11% in the prior quarter.
• Across five years, Tax Rate topped out at 17.68% in Q1 2024 and bottomed at 1.94% in Q4 2022.
• A 5-year average of 7.27% and a median of 7.11% in 2025 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate jumped 1431 bps in 2024 and plunged 1182 bps in 2025, its largest moves.
• Tracing TMO's Tax Rate over 5 years: stood at 9.74% in 2022, then fell by 21 bps to 7.64% in 2023, then rose by 1 bps to 7.73% in 2024, then dropped by 8 bps to 7.11% in 2025, then sank by 43 bps to 4.04% in 2026.
• According to Business Quant data, Tax Rate over the past three periods registered 4.04%, 7.11%, and 11.34% for Q1 2026, Q4 2025, and Q3 2025 respectively.

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