Thermo Fisher Scientific Inc. (TMO) stock
TMONYSEMeasuring & Controlling Devices, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 26, 2026Last filing: 10-Q on Oct 30, 2026Score 10/3035% above fair value
$699.44−18.27 (-2.55%)
Close on Nov 12, 2026Market cap $259.15BP/E 36.9Yield 0.25%
Thermo Fisher Scientific operating margin
Operating margin is operating income as a percentage of revenue.
Thermo Fisher Scientific's operating margin for the twelve months ending Sep 26, 2026 was 17.9%. For fiscal 2025 it was 17.4%, against 17.1% the year before. The highest annual figure on record is 25.6% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 17.4% | +0.3 |
| FY2024 | Dec 31, 2024 | 17.1% | +1.1 |
| FY2023 | Dec 31, 2023 | 16.0% | −2.7 |
| FY2022 | Dec 31, 2022 | 18.7% | −6.9 |
| FY2021 | Dec 31, 2021 | 25.6% | +1.4 |
| FY2020 | Dec 31, 2020 | 24.2% | +6.2 |
| FY2019 | Dec 31, 2019 | 18.0% | +2.5 |
| FY2018 | Dec 31, 2018 | 15.5% | +1.4 |
| FY2017 | Dec 31, 2017 | 14.2% | +0.7 |
| FY2016 | Dec 31, 2016 | 13.5% | −0.3 |
| FY2015 | Dec 31, 2015 | 13.8% | −1.1 |
| FY2014 | Dec 31, 2014 | 14.8% | +2.5 |
| FY2013 | Dec 31, 2013 | 12.3% | +0.4 |
| FY2012 | Dec 31, 2012 | 11.8% | +1.0 |
| FY2011 | Dec 31, 2011 | 10.8% | −0.6 |
| FY2010 | Dec 31, 2010 | 11.4% | +1.3 |
| FY2009 | Dec 31, 2009 | 10.1% | −1.6 |
| FY2008 | Dec 31, 2008 | 11.7% | +1.7 |
| FY2007 | Dec 31, 2007 | 10.0% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 26, 2026 | 18.6% | +1.2 |
| Q2 FY2026 | Jun 27, 2026 | 17.4% | +0.5 |
| Q1 FY2026 | Mar 28, 2026 | 16.9% | +0.4 |
| Q4 FY2025 | Dec 31, 2025 | 18.5% | +0.8 |
| Q3 FY2025 | Sep 27, 2025 | 17.5% | +0.1 |
| Q2 FY2025 | Jun 28, 2025 | 16.9% | −0.4 |
| Q1 FY2025 | Mar 29, 2025 | 16.6% | +0.5 |
| Q4 FY2024 | Dec 31, 2024 | 17.7% | +0.7 |
| Q3 FY2024 | Sep 28, 2024 | 17.3% | −0.3 |
| Q2 FY2024 | Jun 29, 2024 | 17.3% | +2.5 |
| Q1 FY2024 | Mar 30, 2024 | 16.1% | +1.5 |
| Q4 FY2023 | Dec 31, 2023 | 17.0% | +0.8 |
| Q3 FY2023 | Sep 30, 2023 | 17.6% | +1.6 |
| Q2 FY2023 | Jul 1, 2023 | 14.8% | −3.5 |
| Q1 FY2023 | Apr 1, 2023 | 14.6% | −9.3 |
| Q4 FY2022 | Dec 31, 2022 | 16.3% | −7.5 |
| Q3 FY2022 | Oct 1, 2022 | 16.0% | −8.4 |
| Q2 FY2022 | Jul 2, 2022 | 18.2% | −5.1 |
| Q1 FY2022 | Apr 2, 2022 | 23.9% | −6.9 |
| Q4 FY2021 | Dec 31, 2021 | 23.7% | −5.4 |
| Q3 FY2021 | Oct 2, 2021 | 24.4% | −4.1 |
| Q2 FY2021 | Jul 3, 2021 | 23.3% | +3.2 |
| Q1 FY2021 | Apr 3, 2021 | 30.8% | +16.2 |
| Q4 FY2020 | Dec 31, 2020 | 29.1% | +11.1 |
| Q3 FY2020 | Sep 26, 2020 | 28.5% | +13.4 |
| Q2 FY2020 | Jun 27, 2020 | 20.1% | −3.6 |
| Q1 FY2020 | Mar 28, 2020 | 14.5% | −0.5 |
| Q4 FY2019 | Dec 31, 2019 | 18.0% | +0.4 |
| Q3 FY2019 | Sep 28, 2019 | 15.1% | −0.3 |
| Q2 FY2019 | Jun 29, 2019 | 23.7% | +8.3 |
| Q1 FY2019 | Mar 30, 2019 | 15.0% | +1.6 |
| Q4 FY2018 | Dec 31, 2018 | 17.6% | +1.8 |
| Q3 FY2018 | Sep 29, 2018 | 15.4% | +3.0 |
| Q2 FY2018 | Jun 30, 2018 | 15.4% | +0.4 |
| Q1 FY2018 | Mar 31, 2018 | 13.4% | +0.4 |
| Q4 FY2017 | Dec 31, 2017 | 15.8% | +0.5 |
| Q3 FY2017 | Sep 30, 2017 | 12.4% | – |
| Q2 FY2017 | Jul 1, 2017 | 15.0% | – |
| Q1 FY2017 | Apr 1, 2017 | 13.0% | – |
| Q4 FY2016 | Dec 31, 2016 | 15.4% | – |
See a number that looks wrong?