THERMO FISHER SCIENTIFIC INC. (TMO) stock fundamentals
THERMO FISHER SCIENTIFIC INC. (TMO) reported $44.6B in revenue and $6.7B in net income in fiscal 2025, a 15.1% net margin, per its latest SEC 10-K filing. It carries a market capitalization of about $195.9B at a delayed share price. It scores 39/100 on WealthyBud's Investor Score, ranking #78 of 100 covered companies. Score is research, not investment advice.
EPReviewed by Elena Park Licensed Real Estate Broker
Published May 20, 2026 · Updated July 8, 2026
Revenue (FY2025)
$44.6B
▲ +3.9% YoY
Net income
$6.7B
15.1% net margin
Market cap
$195.9B
Price $527.05 · delayed
P/E ratio
29.1
Price / earnings
Return on equity
13%
Net income / equity
Investor Score
39/100
#78 of 100 covered
THERMO FISHER SCIENTIFIC INC. fundamentals at a glance
The table summarizes THERMO FISHER SCIENTIFIC INC.'s key financial figures for fiscal 2025 — revenue, profitability, returns, growth and balance-sheet strength — each taken from the company's SEC 10-K filing.
THERMO FISHER SCIENTIFIC INC. (TMO) fundamentals — FY2025, from SEC 10-K
Metric
Value
Detail
Revenue
$44.6B
+3.9% YoY
Net income
$6.7B
15.1% margin
Gross margin
n/a
Gross profit / revenue
Operating margin
17.4%
Operating income / revenue
Return on equity
13%
Net income / equity
Return on assets
6%
Net income / assets
Revenue growth (YoY)
+3.9%
FY2024 to FY2025
Revenue 3-yr CAGR
-0.3%
Compound annual
Diluted EPS
$17.77
FY2025
Debt-to-equity
0.73
Long-term debt / equity
Current ratio
1.89
Current assets / liabilities
Cash & equivalents
$9.9B
Balance sheet
Total assets
$110.3B
FY2025 year-end
Shareholders’ equity
$53.4B
FY2025 year-end
Share price
$527.05
Delayed · 2026-07-10
Market cap
$195.9B
Price × shares outstanding
P/E ratio
29.1
Market cap / net income
P/S ratio
4.4
Market cap / revenue
Dividend yield
0.33%
Dividend / price
How profitable is THERMO FISHER SCIENTIFIC INC.?
THERMO FISHER SCIENTIFIC INC. runs a 15.1% net margin and n/a gross margin in fiscal 2025, turning $44.6B of revenue into $6.7B of profit. Return on equity is 13% and return on assets 6%.
Is THERMO FISHER SCIENTIFIC INC. growing?
THERMO FISHER SCIENTIFIC INC.'s revenue changed +3.9% in fiscal 2025 and compounded at -0.3% a year over three years, reaching $44.6B. Diluted earnings per share were $17.77 for the year.
THERMO FISHER SCIENTIFIC INC. annual revenue, 2021–2025
Fiscal year
Revenue
Growth
2021
$39.2B
n/a
2022
$44.9B
+14.5%
2023
$42.9B
-4.6%
2024
$42.9B
+0.1%
2025
$44.6B
+3.9%
How is THERMO FISHER SCIENTIFIC INC. valued?
THERMO FISHER SCIENTIFIC INC. carries a market capitalization of $195.9B at a delayed share price of $527.05, trading at a 29.1 price-to-earnings ratio and 4.4 price-to-sales with a 0.33% dividend yield. Its Value subscore is 36/100 across the covered universe.
How financially healthy is THERMO FISHER SCIENTIFIC INC.?
THERMO FISHER SCIENTIFIC INC. ended fiscal 2025 with $9.9B in cash, a debt-to-equity ratio of 0.73 and a current ratio of 1.89. Lower leverage and a current ratio above 1.0 signal a stronger balance sheet.
What is THERMO FISHER SCIENTIFIC INC.'s Investor Score?
THERMO FISHER SCIENTIFIC INC. scores 39/100 on WealthyBud's Investor Score, #78 of 100 covered companies as of 2026-07-10. The score blends growth, profitability, returns on capital, balance-sheet strength and value into one percentile. It is a research opinion, not investment advice.
Investor Score
39/100
#78 of 100 covered companies
Growth
36
Profitability
41
Returns on capital
28
Balance-sheet strength
60
Value (valuation)
36
Subscores are percentile ranks (0–100)
across the 100 covered companies, computed from the SEC fundamentals and delayed market price cited on this
page. Data-derived opinion, not investment advice.
THERMO FISHER SCIENTIFIC INC. (TMO) stock FAQ
How much revenue does THERMO FISHER SCIENTIFIC INC. make?
THERMO FISHER SCIENTIFIC INC. (TMO) reported $44.6B in revenue in fiscal 2025, +3.9% versus the prior year, according to its SEC 10-K filing. Over the past three years its revenue has compounded at -0.3% a year.
Is THERMO FISHER SCIENTIFIC INC. profitable?
Yes. THERMO FISHER SCIENTIFIC INC. earned $6.7B in net income in fiscal 2025, a 15.1% net margin. Its return on equity was 13% and return on assets 6%, based on figures from its latest 10-K.
How fast is THERMO FISHER SCIENTIFIC INC. growing?
THERMO FISHER SCIENTIFIC INC.'s revenue changed +3.9% year over year in fiscal 2025 and compounded at -0.3% annually over three years. Growth is one of four inputs to its WealthyBud Investor Score, scored 36/100 versus the covered universe.
What is THERMO FISHER SCIENTIFIC INC.'s market cap and P/E ratio?
THERMO FISHER SCIENTIFIC INC. has a market capitalization of $195.9B at a delayed share price of $527.05, trading at a price-to-earnings ratio of 29.1 and price-to-sales of 4.4. Its dividend yield is 0.33%. Prices are delayed and illustrative.
What is THERMO FISHER SCIENTIFIC INC.'s WealthyBud Investor Score?
THERMO FISHER SCIENTIFIC INC. scores 39/100, ranking #78 of 100 covered companies as of 2026-07-10. The score is a percentile blend of growth (36), profitability (41), returns on capital (28), balance-sheet strength (60) and value (36). It is a research opinion, not investment advice.
Where does this THERMO FISHER SCIENTIFIC INC. financial data come from?
Fundamentals come from THERMO FISHER SCIENTIFIC INC.'s annual report (Form 10-K) filed with the SEC, via the public-domain EDGAR database. The share price used for market cap, P/E and yield is a delayed end-of-day quote, shown as illustrative; a production site would use a licensed real-time market-data feed.
Fundamentals are drawn from THERMO FISHER SCIENTIFIC INC.’s FY2025 Form 10-K filed with the
SEC (EDGAR, public domain), retrieved 2026-07-10. Share price is a delayed end-of-day quote; market cap, P/E, P/S
and dividend yield are illustrative and not real-time. The Investor Score is a data-derived research opinion.
Not investment advice.
Marcus Bell leads market and career research at WealthyBud, turning public housing and labor data into plain-English answers for investors and agents. He focuses on U.S. metro housing markets, agent economics and licensing.