Thermo Fisher Scientific TMO
NYSE TMO
$659.18 +10.75 (+1.66%)
As of: Sep 17, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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