Thermo Fisher Scientific (TMO) Total Debt (2009 - 2026)

Thermo Fisher Scientific (TMO) posted quarterly Total Debt of $45.7 billion for Q2 2026, up 22.57% year-over-year from $37.2 billion in Q2 2025, and down 0.84% on a QoQ basis from $46.0 billion in Q1 2026.

Thermo Fisher Scientific (TMO) Total Debt (2009 - 2026) Analysis & Trends

Thermo Fisher Scientific has reported Total Debt for 18 years, with the latest figure at $45.7 billion in Q2 2026.

  • Total Debt for Q2 2026 came in at $45.7 billion, up 22.57% year-over-year; the trailing twelve-month figure through Jun 2026 was $45.7 billion (up 22.57% YoY), and the FY2025 annual result was $42.7 billion, up 28.3% from the prior year.
  • Total Debt eased to $45.7 billion in Q2 2026, from $46.0 billion in the prior quarter.
  • Over five years, Total Debt peaked at $46.0 billion in Q1 2026 and troughed at $30.0 billion in Q4 2022.
  • A 5-year average of $38.6 billion and a median of $39.3 billion in 2024 frame the typical range for Total Debt.
  • The widest annual swing landed in 2022, when Total Debt jumped 87.28%; it then dropped 13.17% in 2024.
  • A 5-year view of Total Debt shows it stood at $39.9 billion in 2022, then dropped by 3.82% to $38.3 billion in 2023, then dropped by 13.17% to $33.3 billion in 2024, then rose by 28.3% to $42.7 billion in 2025, then climbed by 6.9% to $45.7 billion in 2026.
  • Per Business Quant data, the three most recent Total Debt figures were $45.7 billion in Q2 2026, $46.0 billion in Q1 2026, and $42.7 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Thermo Fisher Scientific 213.92 Bn 209.86 Bn 8.34 Bn 45.65 Bn
2 Danaher 140.37 Bn 136.02 Bn 3.61 Bn 26.56 Bn
3 Idexx Laboratories 46.17 Bn 45.97 Bn 779.09 Mn 818.87 Mn
4 Agilent Technologies 39.76 Bn 37.96 Bn 990.00 Mn 3.36 Bn
5 Iqvia Holdings 39.41 Bn 37.33 Bn 1.44 Bn 16.00 Bn
6 Natera 38.75 Bn 37.65 Bn 696.04 Mn 22.35 Mn
7 Illumina 30.07 Bn 28.90 Bn 770.00 Mn 1.49 Bn
8 Mettler Toledo International 28.62 Bn 28.56 Bn 650.22 Mn 2.11 Bn
9 Quest Diagnostics 26.15 Bn 25.53 Bn 1.03 Bn 5.65 Bn
10 Labcorp Holdings 25.87 Bn 24.89 Bn 1.01 Bn 6.33 Bn

Historic Data

Download Data
DateValue
Jun 27, 2026 45.65 Bn
Mar 28, 2026 46.04 Bn
Dec 31, 2025 39.39 Bn
Sep 27, 2025 39.31 Bn
Jun 28, 2025 35.23 Bn
Mar 29, 2025 36.81 Bn
Dec 31, 2024 33.29 Bn
Sep 28, 2024 39.23 Bn
Jun 29, 2024 35.41 Bn
Mar 30, 2024 35.61 Bn
Dec 31, 2023 34.92 Bn
Sep 30, 2023 39.88 Bn
Jul 1, 2023 38.62 Bn
Apr 1, 2023 41.17 Bn
Dec 31, 2022 34.49 Bn
Oct 1, 2022 29.16 Bn
Jul 2, 2022 31.07 Bn
Apr 2, 2022 34.93 Bn
Dec 31, 2021 34.87 Bn
Oct 2, 2021 21.71 Bn