TMO
Price:
$464.61
Market Cap:
$172.66B
Thermo Fisher Scientific Inc. is a global leader in scientific services, providing a comprehensive range of offerings that include life sciences solutions, advanced analytical instruments, specialized diagnostic products, and an extensive portfolio of laboratory supplies and biopharmaceutical services. The company's reach extends across North America, Europe, Asia-Pacific, and other international markets. Its Life Sciences Solutions division furnishes researchers with essential reagents, state-of-the-art instruments, and consumables vital for biological and medical exploration, the development and manufacturing of therapeutics and vaccines, and the detection of infections and various disease...[Read more]
Industry
Medical - Diagnostics & Research
IPO Date
1980-03-17
Stock Exchange
NYSE
Ticker
TMO
According to Thermo Fisher Scientific Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.53. This represents a change of -10.83% compared to the average of 1.71 of the last 4 quarters.
The mean historical Current Ratio of Thermo Fisher Scientific Inc. over the last ten years is 1.68. The current 1.53 Current Ratio has changed 8.96% with respect to the historical average. Over the past ten years (40 quarters), TMO's Current Ratio was at its highest in in the October 2021 quarter at 3.19. The Current Ratio was at its lowest in in the July 2016 quarter at 1.15.
Average
1.68
Median
1.69
Minimum
1.34
Maximum
2.13
Discovering the peaks and valleys of Thermo Fisher Scientific Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 29.31%
Maximum Annual Current Ratio = 2.13
Minimum Annual Increase = -29.75%
Minimum Annual Current Ratio = 1.34
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 1.89 | 13.82% |
| 2024 | 1.66 | -5.38% |
| 2023 | 1.75 | 18.32% |
| 2022 | 1.48 | -0.92% |
| 2021 | 1.50 | -29.75% |
| 2020 | 2.13 | 11.03% |
| 2019 | 1.92 | 11.03% |
| 2018 | 1.73 | 29.31% |
| 2017 | 1.34 | -7.36% |
| 2016 | 1.44 | 4.20% |
The current Current Ratio of Thermo Fisher Scientific Inc. (TMO) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
1.77
5-year avg
1.66
10-year avg
1.68
Thermo Fisher Scientific Inc.’s Current Ratio is greater than Abbott Laboratories (1.39), less than Danaher Corporation (1.87), greater than Merck & Co., Inc. (1.30), greater than Novo Nordisk A/S (0.79), less than Intuitive Surgical, Inc. (6.03), greater than Novartis AG (0.85), greater than AstraZeneca PLC (0.91), greater than Amgen Inc. (1.26), less than Agilent Technologies, Inc. (2.10), greater than IQVIA Holdings Inc. (0.75),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.39 | $153.94B | |
| 1.87 | $125.40B | |
| 1.30 | $281.24B | |
| 0.79 | $191.93B | |
| 6.03 | $144.07B | |
| 0.85 | $280.64B | |
| 0.91 | $271.29B | |
| 1.26 | $182.21B | |
| 2.10 | $35.89B | |
| 0.75 | $28.00B |
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