Thermo Fisher Scientific Inc. - Understand $tmo stock

$TMO Market Cap: $202.3 Billion

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$42.37B

TTM

Gross Margin

41.43%

TTM

Net Earnings

$6.139B

TTM

Current Assets

$23.78B

Q3 2024

Current Liabilities

$14.60B

Q3 2024

Current Ratio

162.89%

Q3 2024

Total Assets

$100.4B

Q3 2024

Total Liabilities

$51.39B

Q3 2024

Book Value

$48.97B

Q3 2024

Cash

$4.645B

Q3 2024

P/E

32.95

Nov 29, 2024 EST

Free Cash Flow

$7.776B

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$42.86B	$44.92B	$39.21B	$32.22B	$25.54B	$24.36B	$20.92B	$18.27B	$16.97B	$16.89B	$13.09B	$12.51B	$11.56B	$10.39B	$9.741B	$10.50B	$9.746B	$3.792B	$2.633B	$2.206B	$1.899B	$1.849B	$2.188B	$2.281B	$2.295B	$1.881B	$1.980B	$2.933B	$2.270B	$1.729B	$1.355B	$949.0M	$805.0M	$721.0M	$623.0M	$535.0M	$383.0M	$332.0M	$278.0M	$236.0M	$190.0M
YoY Change	-4.58%	14.55%	21.71%	26.14%	4.86%	16.45%	14.47%	7.72%	0.45%	29.02%	4.64%	8.23%	11.22%	6.69%	-7.21%	7.71%	157.03%	44.02%	19.36%	16.17%	2.7%	-15.49%	-4.08%	-0.61%	22.01%	-5.0%	-32.49%	29.21%	31.29%	27.6%	42.78%	17.89%	11.65%	15.73%	16.45%	39.69%	15.36%	19.42%	17.8%	24.21%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Revenue	$42.86B	$44.92B	$39.21B	$32.22B	$25.54B	$24.36B	$20.92B	$18.27B	$16.97B	$16.89B	$13.09B	$12.51B	$11.56B	$10.39B	$9.741B	$10.50B	$9.746B	$3.792B	$2.633B	$2.206B	$1.899B	$1.849B	$2.188B	$2.281B	$2.295B	$1.881B	$1.980B	$2.933B	$2.270B	$1.729B	$1.355B	$949.0M	$805.0M	$721.0M	$623.0M	$535.0M	$383.0M	$332.0M	$278.0M	$236.0M	$190.0M
Cost Of Revenue	$25.30B	$25.42B	$19.57B	$16.23B	$14.21B	$13.50B	$2.497B	$1.691B	$1.625B	$1.463B	$1.252B	$1.113B	$1.031B	$866.9M	$851.3M	$992.2M	$862.7M	$2.224B	$1.438B	$1.192B	$1.019B	$1.000B	$1.230B	$1.259B	$1.246B	$1.008B	$1.058B	$1.658B	$1.240B	$929.0M	$755.0M	$609.0M	$534.0M	$465.0M	$424.0M	$358.0M	$257.0M	$228.0M	$182.0M	$160.0M	$118.0M
Gross Profit	$17.56B	$19.50B	$19.64B	$15.99B	$11.33B	$10.86B	$18.42B	$16.58B	$15.34B	$15.43B	$11.84B	$11.40B	$10.53B	$9.526B	$8.890B	$9.506B	$8.884B	$1.568B	$1.195B	$1.014B	$880.0M	$849.0M	$959.0M	$1.022B	$1.049B	$873.0M	$921.0M	$1.275B	$1.031B	$801.0M	$599.0M	$340.0M	$272.0M	$255.0M	$199.0M	$177.0M	$127.0M	$104.0M	$96.00M	$77.00M	$72.00M
Gross Profit Margin	40.98%	43.42%	50.08%	49.62%	44.35%	44.58%	88.06%	90.75%	90.42%	91.34%	90.44%	91.1%	91.08%	91.66%	91.26%	90.55%	91.15%	41.35%	45.39%	45.97%	46.34%	45.92%	43.83%	44.8%	45.71%	46.41%	46.52%	43.47%	45.42%	46.33%	44.21%	35.83%	33.79%	35.37%	31.94%	33.08%	33.16%	31.33%	34.53%	32.63%	37.89%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Selling, General & Admin	$6.569B	$7.127B	$8.007B	$6.930B	$6.144B	$6.057B	$5.504B	$4.971B	$4.612B	$4.896B	$3.446B	$3.355B	$3.107B	$2.729B	$2.576B	$2.692B	$2.549B	$1.110B	$762.0M	$626.0M	$510.0M	$502.0M	$620.0M	$647.0M	$658.0M	$530.0M	$512.0M	$689.0M	$511.0M	$385.0M	$289.0M	$209.0M	$177.0M	$163.0M	$130.0M	$111.0M	$83.00M	$65.00M	$51.00M	$43.00M	$45.00M
YoY Change	-7.83%	-10.99%	15.54%	12.79%	1.44%	10.05%	10.72%	7.78%	-5.8%	42.07%	2.72%	8.0%	13.84%	5.94%	-4.33%	5.62%	129.65%	45.67%	21.73%	22.75%	1.59%	-19.03%	-4.17%	-1.67%	24.15%	3.52%	-25.69%	34.83%	32.73%	33.22%	38.28%	18.08%	8.59%	25.38%	17.12%	33.73%	27.69%	27.45%	18.6%	-4.44%
% of Gross Profit	37.4%	36.55%	40.77%	43.35%	54.23%	55.78%	29.88%	29.98%	30.07%	31.74%	29.11%	29.44%	29.51%	28.65%	28.98%	28.32%	28.69%	70.79%	63.77%	61.74%	57.95%	59.13%	64.65%	63.31%	62.73%	60.71%	55.59%	54.04%	49.56%	48.06%	48.25%	61.47%	65.07%	63.92%	65.33%	62.71%	65.35%	62.5%	53.13%	55.84%	62.5%
Research & Development	$1.337B	$1.471B	$1.406B	$1.181B	$1.003B	$967.0M	$887.0M	$754.0M	$692.0M	$691.1M	$395.5M	$376.4M	$340.2M	$284.4M	$244.0M	$249.0M	$239.0M	$170.0M	$153.0M	$135.0M	$128.0M	$132.0M	$165.0M	$177.0M	$171.0M	$127.0M	$124.0M	$301.0M	$273.0M	$233.0M	$184.0M	$62.00M	$53.00M	$54.00M	$46.00M	$43.00M	$31.00M	$26.00M	$22.00M	$22.00M	$18.00M
YoY Change	-9.11%	4.62%	19.05%	17.75%	3.72%	9.02%	17.64%	8.96%	0.13%	74.74%	5.07%	10.64%	19.62%	16.56%	-2.01%	4.18%	40.59%	11.11%	13.33%	5.47%	-3.03%	-20.0%	-6.78%	3.51%	34.65%	2.42%	-58.8%	10.26%	17.17%	26.63%	196.77%	16.98%	-1.85%	17.39%	6.98%	38.71%	19.23%	18.18%	0.0%	22.22%
% of Gross Profit	7.61%	7.54%	7.16%	7.39%	8.85%	8.91%	4.82%	4.55%	4.51%	4.48%	3.34%	3.3%	3.23%	2.99%	2.74%	2.62%	2.69%	10.84%	12.8%	13.31%	14.55%	15.55%	17.21%	17.32%	16.3%	14.55%	13.46%	23.61%	26.48%	29.09%	30.72%	18.24%	19.49%	21.18%	23.12%	24.29%	24.41%	25.0%	22.92%	28.57%	25.0%
Depreciation & Amortization	$3.406B	$3.381B	$831.0M	$658.0M	$564.0M	$2.267B	$2.033B	$1.758B	$1.688B	$1.685B	$999.9M	$983.7M	$859.6M	$739.7M	$759.3M	$792.7M	$756.8M	$240.8M	$123.3M	$66.10M	$46.70M	$43.50M	$98.50M	$97.50M	$91.40M	$75.20M	$135.7M	$115.2M	$85.90M	$65.00M	$44.20M	$29.20M	$23.40M	$18.90M	$13.70M	$12.00M	$9.600M	$8.400M
YoY Change	0.74%	306.86%	26.29%	16.67%	-75.12%	11.51%	15.64%	4.15%	0.19%	68.5%	1.65%	14.44%	16.21%	-2.58%	-4.21%	4.74%	214.29%	95.3%	86.54%	41.54%	7.36%	-55.84%	1.03%	6.67%	21.54%	-44.58%	17.8%	34.11%	32.15%	47.06%	51.37%	24.79%	23.81%	37.96%	14.17%	25.0%	14.29%
% of Gross Profit	19.39%	17.34%	4.23%	4.12%	4.98%	20.88%	11.04%	10.6%	11.0%	10.92%	8.45%	8.63%	8.17%	7.76%	8.54%	8.34%	8.52%	15.36%	10.32%	6.52%	5.31%	5.12%	10.27%	9.54%	8.71%	8.61%	14.73%	9.04%	8.33%	8.11%	7.38%	8.59%	8.6%	7.41%	6.88%	6.78%	7.56%	8.08%
Operating Expenses	$10.24B	$10.99B	$9.413B	$8.111B	$7.147B	$7.024B	$6.391B	$5.725B	$5.304B	$5.587B	$3.842B	$3.731B	$3.447B	$3.013B	$2.576B	$2.692B	$2.549B	$1.280B	$915.0M	$760.0M	$648.0M	$641.0M	$791.0M	$824.0M	$830.0M	$658.0M	$636.0M	$990.0M	$783.0M	$617.0M	$473.0M	$272.0M	$229.0M	$217.0M	$177.0M	$153.0M	$114.0M	$91.00M	$73.00M	$64.00M	$64.00M
YoY Change	-6.81%	16.79%	16.05%	13.49%	1.75%	9.9%	11.63%	7.94%	-5.07%	45.43%	2.96%	8.26%	14.39%	16.98%	-4.33%	5.62%	99.15%	39.89%	20.39%	17.28%	1.09%	-18.96%	-4.0%	-0.72%	26.14%	3.46%	-35.76%	26.44%	26.9%	30.44%	73.9%	18.78%	5.53%	22.6%	15.69%	34.21%	25.27%	24.66%	14.06%	0.0%
Operating Profit	$7.318B	$8.507B	$10.03B	$7.794B	$4.594B	$3.783B	$2.960B	$2.458B	$2.336B	$2.503B	$1.610B	$1.482B	$1.251B	$1.188B	$976.3M	$1.229B	$974.4M	$288.0M	$280.0M	$254.0M	$232.0M	$208.0M	$168.0M	$198.0M	$219.0M	$215.0M	$285.0M	$285.0M	$248.0M	$184.0M	$126.0M	$68.00M	$43.00M	$38.00M	$22.00M	$24.00M	$13.00M	$13.00M	$23.00M	$13.00M	$8.000M
YoY Change	-13.98%	-15.17%	28.66%	69.66%	21.44%	27.8%	20.42%	5.22%	-6.67%	55.5%	8.6%	18.49%	5.28%	21.69%	-20.59%	26.17%	238.33%	2.86%	10.24%	9.48%	11.54%	23.81%	-15.15%	-9.59%	1.86%	-24.56%	0.0%	14.92%	34.78%	46.03%	85.29%	58.14%	13.16%	72.73%	-8.33%	84.62%	0.0%	-43.48%	76.92%	62.5%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Interest Expense	-$496.0M	-$454.0M	$536.0M	$553.0M	$676.0M	$667.0M	$592.0M	$469.0M	$415.0M	$479.9M	$262.1M	$241.6M	$175.3M	$84.70M	$118.0M	$151.5M	-$123.0M	-$32.00M	$20.00M	$20.00M	$37.00M	$133.0M	$37.00M	-$83.00M	-$55.00M	$24.00M	$57.00M	$134.0M	$74.00M		-$28.00M	-$24.00M	-$18.00M	-$14.00M	-$12.00M	-$11.00M	-$8.000M	-$5.000M	-$5.000M	-$5.000M	-$5.000M
YoY Change	9.25%	-184.7%	-3.07%	-18.2%	1.35%	12.67%	26.23%	13.01%	-13.52%	83.1%	8.49%	37.82%	106.97%	-28.22%	-22.11%	-223.17%	284.38%	-260.0%	0.0%	-45.95%	-72.18%	259.46%	-144.58%	50.91%	-329.17%	-57.89%	-57.46%	81.08%			16.67%	33.33%	28.57%	16.67%	9.09%	37.5%	60.0%	0.0%	0.0%	0.0%
% of Operating Profit	-6.78%	-5.34%	5.35%	7.1%	14.71%	17.63%	20.0%	19.08%	17.77%	19.17%	16.28%	16.3%	14.02%	7.13%	12.09%	12.32%	-12.62%	-11.11%	7.14%	7.87%	15.95%	63.94%	22.02%	-41.92%	-25.11%	11.16%	20.0%	47.02%	29.84%		-22.22%	-35.29%	-41.86%	-36.84%	-54.55%	-45.83%	-61.54%	-38.46%	-21.74%	-38.46%	-62.5%
Other Income/Expense, Net	-$65.00M	-$104.0M	-$694.0M	-$76.00M	-$70.00M	$9.000M	-$20.00M	-$13.00M	-$16.00M	$16.40M	-$56.00M	$3.700M	$30.50M	-$28.10M	-$20.60M	$4.000M	$9.000M	$0.00	$2.000M	$2.000M	-$2.000M	-$2.000M	$1.000M	$2.000M	-$3.000M	$1.000M	$0.00	-$6.000M	-$1.000M	$24.00M	$40.00M	$58.00M	$59.00M	$36.00M	$32.00M	$21.00M	$23.00M	$17.00M	-$3.000M	-$1.000M	$0.00
YoY Change	-37.5%	-85.01%	813.16%	8.57%	-877.78%	-145.0%	53.85%	-18.75%	-197.56%	-129.29%	-1613.51%	-87.87%	-208.54%	36.41%	-615.0%	-55.56%		-100.0%	0.0%	-200.0%	0.0%	-300.0%	-50.0%	-166.67%	-400.0%		-100.0%	500.0%	-104.17%	-40.0%	-31.03%	-1.69%	63.89%	12.5%	52.38%	-8.7%	35.29%	-666.67%	200.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Pretax Income	$6.298B	$7.835B	$3.340B	$7.225B	$4.070B	$3.262B	$2.429B	$2.024B	$1.936B	$2.087B	$1.320B	$1.269B	$1.133B	$1.088B	$853.8M	$1.093B	$861.0M	$209.0M	$286.0M	$259.0M	$223.0M	$301.0M	$72.00M	$185.0M	$125.0M	$216.0M	$353.0M	$375.0M	$299.0M	$206.0M	$131.0M	$102.0M	$79.00M	$60.00M	$40.00M	$33.00M	$25.00M	$18.00M	$12.00M	$6.000M	$0.00
YoY Change	-19.62%	134.58%	-53.77%	77.52%	24.77%	34.29%	20.01%	4.55%	-7.24%	58.18%	3.95%	12.06%	4.15%	27.4%	-21.88%	26.93%	311.96%	-26.92%	10.42%	16.14%	-25.91%	318.06%	-61.08%	48.0%	-42.13%	-38.81%	-5.87%	25.42%	45.15%	57.25%	28.43%	29.11%	31.67%	50.0%	21.21%	32.0%	38.89%	50.0%	100.0%
Income Tax	$284.0M	$703.0M	$1.109B	$850.0M	$374.0M	$324.0M	$201.0M	-$1.000M	-$44.00M	$191.7M	$40.40M	$11.00M	$109.4M	$101.6M	$46.70M	$152.6M	$93.70M	$43.00M	$88.00M	$41.00M	$47.00M	$98.00M	$28.00M	$112.0M	$64.00M	$90.00M	$132.0M	$111.0M	$99.00M	$71.00M	$34.00M	$27.00M	$25.00M	$18.00M	$10.00M	$9.000M	$5.000M	$3.000M	$2.000M	$0.00	$0.00
% Of Pretax Income	4.51%	8.97%	33.2%	11.76%	9.19%	9.93%	8.28%	-0.05%	-2.27%	9.18%	3.06%	0.87%	9.66%	9.34%	5.47%	13.96%	10.88%	20.57%	30.77%	15.83%	21.08%	32.56%	38.89%	60.54%	51.2%	41.67%	37.39%	29.6%	33.11%	34.47%	25.95%	26.47%	31.65%	30.0%	25.0%	27.27%	20.0%	16.67%	16.67%	0.0%
Net Earnings	$5.995B	$6.950B	$7.728B	$6.377B	$3.698B	$2.938B	$2.225B	$2.022B	$1.975B	$1.894B	$1.273B	$1.178B	$1.330B	$1.036B	$850.3M	$980.9M	$748.4M	$169.0M	$223.0M	$362.0M	$200.0M	$310.0M	-$1.000M	-$36.00M	-$175.0M	$182.0M	$239.0M	$191.0M	$140.0M	$105.0M	$77.00M	$59.00M	$47.00M	$35.00M	$27.00M	$23.00M	$18.00M	$14.00M	$10.00M	$6.000M	$0.00
YoY Change	-13.74%	-10.07%	21.19%	72.44%	25.87%	32.04%	10.04%	2.38%	4.28%	48.75%	8.1%	-11.43%	28.42%	21.79%	-13.31%	31.07%	342.84%	-24.22%	-38.4%	81.0%	-35.48%	-31100.0%	-97.22%	-79.43%	-196.15%	-23.85%	25.13%	36.43%	33.33%	36.36%	30.51%	25.53%	34.29%	29.63%	17.39%	27.78%	28.57%	40.0%	66.67%
Net Earnings / Revenue	13.99%	15.47%	19.71%	19.79%	14.48%	12.06%	10.64%	11.06%	11.64%	11.21%	9.73%	9.42%	11.51%	9.96%	8.73%	9.34%	7.68%	4.46%	8.47%	16.41%	10.53%	16.77%	-0.05%	-1.58%	-7.63%	9.68%	12.07%	6.51%	6.17%	6.07%	5.68%	6.22%	5.84%	4.85%	4.33%	4.3%	4.7%	4.22%	3.6%	2.54%	0.0%
Basic Earnings Per Share	$15.52	$17.75	$19.62	$16.09	$9.24	$7.31	$5.64	$5.12	$4.96	$4.76	$3.53	$3.24	$3.49	$2.57	$2.06	$2.34	$1.77
Diluted Earnings Per Share	$15.45	$17.64M	$19.46	$15.96	$9.17	$7.24	$5.59	$5.09	$4.92	$4.71	$3.48	$3.21	$3.46	$2.53	$2.01	$2.25	$1.69	$828.4K	$1.352M	$2.155M	$1.170M	$1.658M	-$5.435K	-$210.5K	-$1.108M	$1.117M	$1.358M	$1.085M	$880.5K	$695.4K	$587.8K	$556.6K	$500.0K	$421.7K	$337.5K	$306.7K	$260.9K	$229.5K	$172.4K	$127.7K	$0.00

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991	1990	1989	1988	1987	1986	1985	1984	1983
Cash & Short-Term Investments	$8.077B	$8.524B	$4.477B	$10.35B	$2.436B	$2.134B	$1.345B	$802.0M	$466.0M	$1.372B	$5.834B	$812.0M	$1.021B	$926.0M	$1.571B	$1.288B	$639.0M	$691.0M	$295.0M	$512.0M	$418.0M	$875.0M	$1.042B	$1.027B	$793.0M	$1.327B	$1.523B	$1.846B	$1.057B	$998.0M	$700.0M	$369.0M	$422.0M	$179.0M	$212.0M	$136.0M	$144.0M	$64.00M	$30.00M	$11.00M	$16.00M
YoY Change	-5.24%	90.4%	-56.76%	325.0%	14.15%	58.66%	67.71%	72.1%	-66.03%	-76.48%	618.47%	-20.47%	10.26%	-41.06%	21.97%	101.56%	-7.53%	134.24%	-42.38%	22.49%	-52.23%	-16.03%	1.46%	29.51%	-40.24%	-12.87%	-17.5%	74.65%	5.91%	42.57%	89.7%	-12.56%	135.75%	-15.57%	55.88%	-5.56%	125.0%	113.33%	172.73%	-31.25%
Cash & Equivalents	$8.077B	$8.524B	$4.477B	$10.33B	$2.399B	$2.103B	$1.335B	$786.0M	$452.0M	$1.344B	$5.826B	$806.0M	$1.016B	$917.0M	$1.564B	$1.281B	$625.0M	$667.0M	$214.0M	$327.0M	$196.0M	$339.0M	$298.0M	$506.0M	$238.0M	$268.0M	$594.0M	$414.0M	$463.0M	$383.0M	$326.0M	$191.0M	$131.0M	$118.0M	$96.00M	$55.00M	$64.00M	$64.00M	$4.000M	$2.000M	$4.000M
Short-Term Investments	$3.000M	$2.000M		$28.00M	$37.00M	$31.00M	$10.00M	$16.00M	$14.00M	$29.00M	$8.000M	$6.000M	$4.000M	$9.000M	$7.000M	$8.000M	$14.00M	$24.00M	$81.00M	$185.0M	$222.0M	$536.0M	$744.0M	$521.0M	$556.0M	$1.059B	$929.0M	$1.432B	$594.0M	$615.0M	$374.0M	$178.0M	$291.0M	$60.00M	$116.0M	$81.00M	$80.00M	$0.00	$26.00M	$10.00M	$12.00M
Other Short-Term Assets	$3.203B	$2.933B	$1.640B	$1.103B	$1.135B	$1.350B	$794.0M	$579.0M	$739.0M	$835.0M	$610.0M	$775.0M	$708.0M	$562.0M	$419.0M	$408.0M	$406.0M	$411.0M	$134.0M	$151.0M	$255.0M	$134.0M	$175.0M	$595.0M	$652.0M	$767.0M	$161.0M	$159.0M	$99.00M	$73.00M	$52.00M	$63.00M	$24.00M	$18.00M	$7.000M	$4.000M	$6.000M	$2.000M	$1.000M	$1.000M	$1.000M
YoY Change	9.21%	78.84%	48.69%	-2.82%	-15.93%	70.03%	37.13%	-21.65%	-11.5%	36.89%	-21.29%	9.46%	25.98%	34.13%	2.7%	0.49%	-1.22%	206.72%	-11.26%	-40.78%	90.3%	-23.43%	-70.59%	-8.74%	-14.99%	376.4%	1.26%	60.61%	35.62%	40.38%	-17.46%	162.5%	33.33%	157.14%	75.0%	-33.33%	200.0%	100.0%	0.0%	0.0%
Inventory	$5.088B	$5.634B	$5.051B	$4.029B	$3.370B	$3.005B	$2.971B	$2.213B	$1.992B	$1.860B	$1.495B	$1.443B	$1.330B	$1.173B	$1.131B	$1.171B	$1.170B	$1.164B	$359.0M	$337.0M	$302.0M	$333.0M	$337.0M	$394.0M	$366.0M	$331.0M	$544.0M	$433.0M	$333.0M	$233.0M	$193.0M	$167.0M	$117.0M	$122.0M	$81.00M	$61.00M	$48.00M	$43.00M	$30.00M	$29.00M	$27.00M
Prepaid Expenses
Receivables	$8.221B	$8.274B	$8.945B	$6.472B	$4.952B	$4.136B	$3.879B	$3.049B	$2.545B	$2.474B	$1.942B	$1.805B	$1.764B	$1.474B	$1.410B	$1.478B	$1.450B	$1.393B	$566.0M	$470.0M	$420.0M	$430.0M	$411.0M	$450.0M	$553.0M	$502.0M	$867.0M	$694.0M	$568.0M	$407.0M	$300.0M	$231.0M	$201.0M	$180.0M	$145.0M	$129.0M	$98.00M	$85.00M	$70.00M	$62.00M	$44.00M
Other Receivables	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$432.0M	$378.0M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Total Short-Term Assets	$24.59B	$25.37B	$20.11B	$21.96B	$11.89B	$10.63B	$9.421B	$7.021B	$5.741B	$6.540B	$9.881B	$4.835B	$4.822B	$4.135B	$4.531B	$4.346B	$3.665B	$3.660B	$1.354B	$1.470B	$1.395B	$1.772B	$1.965B	$2.466B	$2.364B	$2.926B	$3.094B	$3.132B	$2.057B	$1.712B	$1.245B	$830.0M	$763.0M	$498.0M	$445.0M	$331.0M	$296.0M	$194.0M	$131.0M	$103.0M	$88.00M
YoY Change	-3.06%	26.11%	-8.4%	84.62%	11.93%	12.78%	34.18%	22.3%	-12.22%	-33.81%	104.36%	0.27%	16.61%	-8.74%	4.26%	18.58%	0.14%	170.31%	-7.89%	5.38%	-21.28%	-9.82%	-20.32%	4.31%	-19.21%	-5.43%	-1.21%	52.26%	20.15%	37.51%	50.0%	8.78%	53.21%	11.91%	34.44%	11.82%	52.58%	48.09%	27.18%	17.05%
Property, Plant & Equipment	$9.448B	$9.280B	$9.864B	$6.687B	$5.448B	$4.165B	$4.047B	$2.578B	$2.449B	$2.427B	$1.767B	$1.726B	$1.611B	$1.360B	$1.333B	$1.275B	$1.267B	$1.257B	$281.0M	$261.0M	$252.0M	$273.0M	$271.0M	$286.0M	$316.0M	$534.0M	$789.0M	$704.0M	$716.0M	$625.0M	$610.0M	$487.0M	$183.0M	$142.0M	$82.00M	$64.00M	$54.00M	$49.00M	$45.00M	$44.00M	$45.00M
YoY Change	1.81%	-5.92%	47.51%	22.74%	30.8%	2.92%	56.98%	5.27%	0.91%	37.35%	2.38%	7.14%	18.46%	2.03%	4.55%	0.63%	0.8%	347.33%	7.66%	3.57%	-7.69%	0.74%	-5.24%	-9.49%	-40.82%	-32.32%	12.07%	-1.68%	14.56%	2.46%	25.26%	166.12%	28.87%	73.17%	28.13%	18.52%	10.2%	8.89%	2.27%	-2.22%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$12.00M	$55.00M	$22.00M																			$0.00	$9.000M	$17.00M	$6.000M	$48.00M	$63.00M	$94.00M	$86.00M	$62.00M	$44.00M	$44.00M	$26.00M	$18.00M		$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-78.18%	150.0%																				-100.0%	-47.06%	183.33%	-87.5%	-23.81%	-32.98%	9.3%	38.71%	40.91%	0.0%	69.23%	44.44%
Other Assets	$3.999B	$4.007B	$3.087B	$1.682B	$1.312B	$1.117B	$1.227B	$1.012B	$1.058B	$933.0M	$641.0M	$604.0M	$611.0M	$945.0M	$441.0M	$368.0M	$404.0M	$309.0M	$200.0M	$174.0M	$235.0M	$191.0M	$231.0M	$716.0M	$1.161B	$789.0M	$157.0M	$128.0M	$101.0M	$85.00M	$102.0M	$93.00M	$53.00M	$69.00M	$64.00M	$34.00M	$32.00M	$22.00M	$16.00M	$20.00M	$20.00M
YoY Change	-0.2%	29.8%	83.53%	28.2%	17.46%	-8.96%	21.25%	-4.35%	13.4%	45.55%	6.13%	-1.15%	-35.34%	114.29%	19.84%	-8.91%	30.74%	54.5%	14.94%	-25.96%	23.04%	-17.32%	-67.74%	-38.33%	47.15%	402.55%	22.66%	26.73%	18.82%	-16.67%	9.68%	75.47%	-23.19%	7.81%	88.24%	6.25%	45.45%	37.5%	-20.0%	0.0%
Total Long-Term Assets	$74.14B	$71.93B	$75.01B	$47.10B	$46.49B	$45.61B	$47.25B	$38.89B	$35.09B	$36.31B	$21.98B	$22.61B	$22.01B	$17.21B	$17.09B	$16.74B	$17.54B	$17.60B	$2.898B	$2.107B	$1.994B	$1.879B	$1.860B	$2.397B	$2.708B	$2.495B	$2.702B	$2.009B	$1.729B	$1.350B	$1.229B	$988.0M	$436.0M	$406.0M	$214.0M	$159.0M	$130.0M	$115.0M	$91.00M	$91.00M	$93.00M
YoY Change	3.08%	-4.11%	59.27%	1.31%	1.93%	-3.47%	21.5%	10.81%	-3.36%	65.19%	-2.78%	2.72%	27.87%	0.7%	2.09%	-4.55%	-0.34%	507.38%	37.54%	5.67%	6.12%	1.02%	-22.4%	-11.48%	8.54%	-7.66%	34.49%	16.19%	28.07%	9.85%	24.39%	126.61%	7.39%	89.72%	34.59%	22.31%	13.04%	26.37%	0.0%	-2.15%
Total Assets	$98.73B	$97.29B	$95.12B	$69.05B	$58.38B	$56.23B	$56.67B	$45.91B	$40.83B	$42.85B	$31.86B	$27.45B	$26.83B	$21.35B	$21.63B	$21.09B	$21.21B	$21.26B	$4.252B	$3.577B	$3.389B	$3.651B	$3.825B	$4.863B	$5.072B	$5.421B	$5.796B	$5.141B	$3.786B	$3.062B	$2.474B	$1.818B	$1.199B	$904.0M	$659.0M	$490.0M	$426.0M	$309.0M	$222.0M	$194.0M	$181.0M
YoY Change
Accounts Payable	$2.872B	$3.381B	$2.867B	$2.175B	$1.920B	$1.615B	$1.428B	$926.0M	$822.0M	$821.0M	$692.0M	$641.0M	$612.0M	$547.0M	$534.0M	$540.0M	$677.0M	$631.0M	$153.0M	$131.0M	$103.0M	$112.0M	$112.0M	$140.0M	$135.0M	$124.0M	$252.0M	$204.0M	$173.0M	$117.0M	$85.00M	$69.00M	$56.00M	$67.00M	$55.00M	$60.00M	$35.00M	$30.00M	$24.00M	$24.00M	$14.00M
YoY Change	-15.05%	17.93%	31.82%	13.28%	18.89%	13.1%	54.21%	12.65%	0.12%	18.64%	7.96%	4.74%	11.88%	2.43%	-1.11%	-20.24%	7.29%	312.42%	16.79%	27.18%	-8.04%	0.0%	-20.0%	3.7%	8.87%	-50.79%	23.53%	17.92%	47.86%	37.65%	23.19%	23.21%	-16.42%	21.82%	-8.33%	71.43%	16.67%	25.0%	0.0%	71.43%
Accrued Expenses	$4.839B	$5.449B	$5.377B	$4.098B	$2.674B	$2.436B	$2.751B	$2.020B	$1.717B	$1.833B	$1.247B	$1.162B	$1.036B	$899.0M	$820.0M	$818.0M	$883.0M	$857.0M	$294.0M	$242.0M	$283.0M	$310.0M	$357.0M	$324.0M	$389.0M	$303.0M	$551.0M	$494.0M	$402.0M	$314.0M	$269.0M	$217.0M	$219.0M	$159.0M	$71.00M	$40.00M	$32.00M	$27.00M	$20.00M	$15.00M	$17.00M
YoY Change	-11.19%	1.34%	31.21%	53.25%	9.77%	-11.45%	36.19%	17.65%	-6.33%	46.99%	7.31%	12.16%	15.24%	9.63%	0.24%	-7.36%	3.03%	191.5%	21.49%	-14.49%	-8.71%	-13.17%	10.19%	-16.71%	28.38%	-45.01%	11.54%	22.89%	28.03%	16.73%	23.96%	-0.91%	37.74%	123.94%	77.5%	25.0%	18.52%	35.0%	33.33%	-11.76%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$310.0M	$2.522B	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$40.00M	$367.0M	$59.00M	$81.00M	$112.0M	$63.00M	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
YoY Change	-100.0%	-87.71%																		-100.0%	-89.1%	522.03%	-27.16%	-27.68%	77.78%
Long-Term Debt Due	$3.609B	$5.579B	$15.00M	$2.628B	$676.0M	$1.271B	$2.135B	$1.256B	$1.052B	$2.212B	$988.0M	$93.00M	$1.273B	$106.0M	$118.0M	$15.00M	$149.0M	$483.0M	$130.0M	$15.00M	$6.000M	$117.0M	$470.0M	$22.00M	$163.0M	$38.00M	$177.0M	$154.0M	$112.0M	$94.00M	$46.00M	$22.00M	$5.000M	$7.000M	$28.00M	$10.00M	$9.000M	$5.000M	$6.000M	$5.000M	$6.000M
YoY Change	-35.31%	37093.33%	-99.43%	288.76%	-46.81%	-40.47%	69.98%	19.39%	-52.44%	123.89%	962.37%	-92.69%	1100.94%	-10.17%	686.67%	-89.93%	-69.15%	271.54%	766.67%	150.0%	-94.87%	-75.11%	2036.36%	-86.5%	328.95%	-78.53%	14.94%	37.5%	19.15%	104.35%	109.09%	340.0%	-28.57%	-75.0%	180.0%	11.11%	80.0%	-16.67%	20.0%	-16.67%
Total Short-Term Liabilities	$14.01B	$17.11B	$13.44B	$10.30B	$6.197B	$6.147B	$7.048B	$4.866B	$4.146B	$5.350B	$3.126B	$2.093B	$3.113B	$1.710B	$1.639B	$1.540B	$1.902B	$2.152B	$792.0M	$579.0M	$685.0M	$1.104B	$1.142B	$729.0M	$1.073B	$763.0M	$1.092B	$913.0M	$739.0M	$561.0M	$416.0M	$326.0M	$297.0M	$257.0M	$169.0M	$123.0M	$95.00M	$76.00M	$58.00M	$55.00M	$43.00M
YoY Change	-18.13%	27.37%	30.4%	66.27%	0.81%	-12.78%	44.84%	17.37%	-22.5%	71.15%	49.35%	-32.77%	82.05%	4.33%	6.43%	-19.03%	-11.62%	171.72%	36.79%	-15.47%	-37.95%	-3.33%	56.65%	-32.06%	40.63%	-30.13%	19.61%	23.55%	31.73%	34.86%	27.61%	9.76%	15.56%	52.07%	37.4%	29.47%	25.0%	31.03%	5.45%	27.91%
Long-Term Debt	$31.31B	$28.91B	$32.33B	$19.11B	$17.08B	$17.72B	$18.87B	$15.37B	$11.42B	$12.35B	$9.500B	$7.031B	$5.755B	$2.031B	$2.066B	$2.027B	$2.046B	$2.181B	$469.0M	$226.0M	$230.0M	$451.0M	$728.0M	$1.528B	$1.566B	$1.809B	$1.743B	$1.550B	$1.118B	$1.050B	$647.0M	$494.0M	$255.0M	$210.0M	$176.0M	$148.0M	$132.0M	$58.00M	$45.00M	$44.00M	$48.00M
YoY Change	8.3%	-10.59%	69.22%	11.89%	-3.63%	-6.11%	22.78%	34.61%	-7.55%	30.02%	35.12%	22.17%	183.36%	-1.69%	1.92%	-0.93%	-6.19%	365.03%	107.52%	-1.74%	-49.0%	-38.05%	-52.36%	-2.43%	-13.43%	3.79%	12.45%	38.64%	6.48%	62.29%	30.97%	93.73%	21.43%	19.32%	18.92%	12.12%	127.59%	28.89%	2.27%	-8.33%
Other Long-Term Liabilities	$6.564B	$7.119B	$4.540B	$3.340B	$3.241B	$2.515B	$2.569B	$1.573B	$1.295B	$1.172B	$772.0M	$808.0M	$698.0M	$621.0M	$555.0M	$602.0M	$492.0M	$460.0M	$133.0M	$91.00M	$82.00M	$56.00M	$33.00M	$37.00M	$48.00M	$109.0M	$152.0M	$239.0M	$147.0M	$116.0M	$274.0M	$281.0M	$44.00M	$44.00M	$37.00M	$15.00M	$12.00M	$9.000M	$11.00M	$9.000M	$10.00M
YoY Change	-7.8%	56.81%	35.93%	3.05%	28.87%	-2.1%	63.32%	21.47%	10.49%	51.81%	-4.46%	15.76%	12.4%	11.89%	-7.81%	22.36%	6.96%	245.86%	46.15%	10.98%	46.43%	69.7%	-10.81%	-22.92%	-55.96%	-28.29%	-36.4%	62.59%	26.72%	-57.66%	-2.49%	538.64%	0.0%	18.92%	146.67%	25.0%	33.33%	-18.18%	22.22%	-10.0%
Total Long-Term Liabilities	$37.87B	$36.03B	$36.87B	$22.45B	$20.32B	$20.23B	$21.44B	$16.95B	$12.72B	$13.52B	$10.27B	$7.839B	$6.453B	$2.652B	$2.621B	$2.629B	$2.538B	$2.641B	$602.0M	$317.0M	$312.0M	$507.0M	$761.0M	$1.565B	$1.614B	$1.918B	$1.895B	$1.789B	$1.265B	$1.166B	$921.0M	$775.0M	$299.0M	$254.0M	$213.0M	$163.0M	$144.0M	$67.00M	$56.00M	$53.00M	$58.00M
YoY Change	5.12%	-2.29%	64.27%	10.48%	0.41%	-5.63%	26.54%	33.27%	-5.98%	31.66%	31.04%	21.48%	143.33%	1.18%	-0.3%	3.59%	-3.9%	338.7%	89.91%	1.6%	-38.46%	-33.38%	-51.37%	-3.04%	-15.85%	1.21%	5.93%	41.42%	8.49%	26.6%	18.84%	159.2%	17.72%	19.25%	30.67%	13.19%	114.93%	19.64%	5.66%	-8.62%
Total Liabilities	$52.00B	$53.26B	$54.33B	$34.55B	$28.71B	$28.65B	$31.26B	$24.37B	$19.48B	$22.30B	$15.01B	$11.98B	$11.80B	$5.988B	$6.194B	$6.164B	$6.719B	$7.350B	$1.458B	$911.0M	$1.008B	$1.621B	$1.917B	$2.329B	$3.058B	$3.166B	$3.798B	$3.387B	$2.477B	$2.054B	$1.615B	$1.265B	$719.0M	$594.0M	$435.0M	$309.0M	$264.0M	$163.0M	$120.0M	$110.0M	$102.0M
YoY Change	-2.36%	-1.97%	57.27%	20.34%	0.21%	-8.35%	28.27%	25.07%	-12.64%	48.62%	25.27%	1.56%	96.99%	-3.33%	0.49%	-8.26%	-8.59%	404.12%	60.04%	-9.62%	-37.82%	-15.44%	-17.69%	-23.84%	-3.41%	-16.64%	12.13%	36.74%	20.59%	27.18%	27.67%	75.94%	21.04%	36.55%	40.78%	17.05%	61.96%	35.83%	9.09%	7.84%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Basic Shares Outstanding	386.0M shares	392.0M shares	394.0M shares	396.0M shares	400.0M shares	402.0M shares	395.0M shares	395.0M shares	399.0M shares	398.2M shares	360.3M shares	363.8M shares	380.8M shares	403.3M shares	412.4M shares	418.2M shares	421.5M shares
Diluted Shares Outstanding	388.0M shares	394.0M shares	397.0M shares	399.0M shares	403.0M shares	406.0M shares	398.0M shares	397.0M shares	402.0M shares	402.3M shares	365.8M shares	366.6M shares	384.8M shares	409.4M shares	422.8M shares	434.7M shares	443.6M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $202.29 Billion

About THERMO FISHER SCIENTIFIC INC.

Thermo Fisher Scientific, Inc. engages in the provision of analytical instruments, equipment, reagents and consumables, software, and services for research, analysis, discovery, and diagnostics. The company is headquartered in Waltham, Massachusetts and currently employs 122,000 full-time employees. Life Sciences Solutions segment provides a portfolio of reagents, instruments and consumables used in biological and medical research, discovery and production of new drugs and vaccines as well as diagnosis of infection and disease. The company also provides proteomics solutions. Analytical Instruments segment provides instruments and the supporting consumables, software and services that are used for a range of applications in the laboratory and in the field. Specialty Diagnostics segment offers a range of diagnostic test kits, reagents, culture media, instruments and associated products to serve customers in healthcare, clinical, pharmaceutical, industrial and others. Laboratory Products and Biopharma Services segment offers virtually everything needed for the laboratory.

Industry: Measuring & Controlling Devices, NEC Peers: AGILENT TECHNOLOGIES, INC. Avantor, Inc. DANAHER CORP /DE/ REVVITY, INC. ILLUMINA, INC. IQVIA HOLDINGS INC. METTLER TOLEDO INTERNATIONAL INC/ WEST PHARMACEUTICAL SERVICES INC WATERS CORP /DE/