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| Date | Value |
|---|---|
| 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 |