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

Thermo Fisher Scientific (TMO) recorded quarterly Total Debt of $43.2 billion in Q1 2026, up 9.59% on a QoQ basis from $39.4 billion in Q4 2025, and up 26.24% year-over-year from $34.2 billion in Q1 2025.

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

Thermo Fisher Scientific has disclosed Total Debt across 18 years of filings, most recently posting $43.2 billion for Q1 2026.

  • Quarterly Total Debt rose 26.24% year-over-year to $43.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $43.2 billion (up 26.24% YoY) and the FY2025 annual result came in at $39.4 billion, up 25.93% from the prior year.
  • Total Debt advanced to $43.2 billion in Q1 2026, from $39.4 billion in the prior quarter.
  • Over five years, Total Debt peaked at $43.2 billion in Q1 2026 and troughed at $29.2 billion in Q4 2022.
  • A 5-year average of $34.8 billion and a median of $35.2 billion in 2025 frame the typical range for Total Debt.
  • Annual changes were most pronounced in 2022 — Total Debt soared 78.36% — and 2024, when it fell 10.43%.
  • Tracing TMO's Total Debt over 5 years: stood at $34.5 billion in 2022, then climbed by 1.24% to $34.9 billion in 2023, then declined by 10.43% to $31.3 billion in 2024, then advanced by 25.93% to $39.4 billion in 2025, then rose by 9.59% to $43.2 billion in 2026.
  • Business Quant data shows TMO's Total Debt at $43.2 billion in Q1 2026, $39.4 billion in Q4 2025, and $35.7 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 4.86 Bn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 43.16 Bn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 18.48 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 829.85 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 304.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 15.83 Bn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 22.40 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 1.49 Bn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 2.23 Bn
10 Quest Diagnostics 21.68 Bn 21.59 Bn 942.00 Mn 5.66 Bn

Historic Data

Download Data
DateValue
Mar 28, 2026 43.16 Bn
Dec 31, 2025 39.39 Bn
Sep 27, 2025 35.68 Bn
Jun 28, 2025 35.23 Bn
Mar 29, 2025 34.19 Bn
Dec 31, 2024 31.28 Bn
Sep 28, 2024 35.31 Bn
Jun 29, 2024 35.41 Bn
Mar 30, 2024 35.61 Bn
Dec 31, 2023 34.92 Bn
Sep 30, 2023 35.28 Bn
Jul 1, 2023 34.01 Bn
Apr 1, 2023 35.26 Bn
Dec 31, 2022 34.49 Bn
Oct 1, 2022 29.16 Bn
Jul 2, 2022 30.26 Bn
Apr 2, 2022 33.26 Bn
Dec 31, 2021 34.87 Bn
Oct 2, 2021 21.71 Bn
Jul 3, 2021 18.78 Bn