Thermo Fisher Scientific Inc.
Close on Nov 2, 2026Market cap $252.41BP/E 36.0Yield 0.25%
Thermo Fisher Scientific Net Debt / Adjusted TTM EBITDA by Year
Net Debt / Adjusted TTM EBITDA (×)
Thermo Fisher Scientific Net Debt / Adjusted TTM EBITDA: 2.60× in FY2025, up 8.3% from a year earlier.
Where the FY2025 figure comes from
“Net debt / adjusted TTM EBITDA 2.5 X 2.4 X 2.6 X 3.5 X 3.3 X 2.9 X”
Source: Q3 2026 Reconciliation of Financial Information ↗
Reported in IR Financial Reconciliation Package (Page 12 Leverage Ratios).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Net Debt / Adjusted TTM EBITDA (×) | Year on year | Source |
|---|---|---|---|---|
| FY2025 | Dec 31, 2025 | 2.60 | +8.3% | Q3 2026 Reconciliation of Financial Information ↗ |
| FY2024 | Dec 31, 2024 | 2.40 | -4.0% | Q3 2026 Reconciliation of Financial Information ↗ |
| FY2023 | Dec 31, 2023 | 2.50 | +13.6% | Q3 2026 Reconciliation of Financial Information ↗ |
| FY2022 | Dec 31, 2022 | 2.20 | -4.3% | Q4 & FY2025 Reconciliation of Financial Information ↗ |
| FY2021 | Dec 31, 2021 | 2.30 | – | Q4 & FY2024 Reconciliation of Financial Information ↗ |
Cite this data
StockData. (2026). Thermo Fisher Scientific Net Debt / Adjusted TTM EBITDA (×), annual FY2021–FY2025 [Data set]. Compiled from Thermo Fisher Scientific SEC filings and investor materials. https://stockdatahq.com/stocks/tmo/kpis/lev-net-debt-adj-ebitda-x
See every metric in the Thermo Fisher Scientific KPI table. Data updated Oct 29, 2026.