Thermo Fisher Scientific (TMO) Total Debt (2009 - 2026)
Thermo Fisher Scientific's (TMO) quarterly Total Debt came in at $45.7 billion in Q2 2026, up 22.57% on a YoY basis from $37.2 billion in Q2 2025, and down 0.84% quarter-over-quarter from $46.0 billion in Q1 2026.
Analysis
Thermo Fisher Scientific (TMO) Total Debt (2009 - 2026) Analysis & Trends
Thermo Fisher Scientific (TMO) has reported Total Debt for 18 consecutive years, with $45.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt rose 22.57% year-over-year to $45.7 billion; the trailing twelve-month figure through Jun 2026 stood at $45.7 billion (up 22.57% YoY), and the FY2025 full-year result was $42.7 billion, up 28.3% from the prior year.
- Total Debt eased to $45.7 billion in Q2 2026 per TMO's latest filing, from $46.0 billion in the prior quarter.
- Across five years, Total Debt topped out at $46.0 billion in Q1 2026 and bottomed at $30.0 billion in Q4 2022.
- Historically, Total Debt has averaged $38.6 billion across 5 years, with a median of $39.3 billion in 2024.
- The sharpest annual moves came in 2022 and 2024: Total Debt surged 87.28% in 2022, then decreased 13.17% in 2024.
- Over 5 years, Total Debt stood at $39.9 billion in 2022, then fell by 3.82% to $38.3 billion in 2023, then fell by 13.17% to $33.3 billion in 2024, then advanced by 28.3% to $42.7 billion in 2025, then increased by 6.9% to $45.7 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $45.7 billion, $46.0 billion, and $42.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn | 45.65 Bn |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn | 27.97 Bn |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn | 4.25 Bn |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn | 1.99 Bn |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn | 3.21 Bn |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 200.00 Mn |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn | 1.60 Bn |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn | 554.07 Mn |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn | - |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn | 1.82 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 27, 2026 | 45.65 Bn |
| Mar 28, 2026 | 46.04 Bn |
| Dec 31, 2025 | 42.71 Bn |
| Sep 27, 2025 | 39.31 Bn |
| Jun 28, 2025 | 37.25 Bn |
| Mar 29, 2025 | 36.81 Bn |
| Dec 31, 2024 | 33.29 Bn |
| Sep 28, 2024 | 39.23 Bn |
| Jun 29, 2024 | 40.32 Bn |
| Mar 30, 2024 | 39.84 Bn |
| Dec 31, 2023 | 38.34 Bn |
| Sep 30, 2023 | 39.88 Bn |
| Jul 1, 2023 | 38.62 Bn |
| Apr 1, 2023 | 41.17 Bn |
| Dec 31, 2022 | 39.86 Bn |
| Oct 1, 2022 | 29.95 Bn |
| Jul 2, 2022 | 31.07 Bn |
| Apr 2, 2022 | 34.93 Bn |
| Dec 31, 2021 | 37.21 Bn |
| Oct 2, 2021 | 21.71 Bn |