Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc.verified

TMO

Price:

$569.88

Market Cap:

$217.53B

Thermo Fisher Scientific Inc. provides life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and biopharma services in the North America, Europe, Asia-Pacific, and internationally. The company's Life Sciences Solutions segment offers reagents, instruments, and consumables for biological and medical research, discovery, and production of drugs and vaccines, as well as diagnosis of infections and diseases; and solutions include biosciences, genetic sciences, and bio production to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets. Its Analytical Instruments segment provides instruments, consumables, soft...[Read more]

Industry

Medical - Diagnostics & Research

IPO Date

1980-03-17

Stock Exchange

NYSE

Ticker

TMO

The Current Ratio as of June 2024 (TTM) for Thermo Fisher Scientific Inc. (TMO) is 1.70

According to Thermo Fisher Scientific Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.70. This represents a change of 4.40% compared to the average of 1.62 of the last 4 quarters.

Thermo Fisher Scientific Inc. (TMO) Historical Current Ratio (quarterly & annually)

How has TMO Current Ratio performed in the past?

The mean historical Current Ratio of Thermo Fisher Scientific Inc. over the last ten years is 1.59. The current 1.70 Current Ratio has changed 10.57% 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 March 2015 quarter at 0.90.

Quarterly (TTM)
Annual

Average

1.59

Median

1.49

Minimum

1.22

Maximum

2.13

Thermo Fisher Scientific Inc. (TMO) Current Ratio by Quarter and Year

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 = -61.33%

Minimum Annual Current Ratio = 1.22

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.7518.32%
20221.48-0.92%
20211.50-29.75%
20202.1311.03%
20191.9211.03%
20181.7329.31%
20171.34-7.36%
20161.444.20%
20151.3813.27%
20141.22-61.33%

Thermo Fisher Scientific Inc. (TMO) Average Current Ratio

How has TMO Current Ratio performed in the past?

The current Current Ratio of Thermo Fisher Scientific Inc. (TMO) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

1.58

5-year avg

1.76

10-year avg

1.59

Thermo Fisher Scientific Inc. (TMO) Current Ratio vs. Peers

How is TMO’s Current Ratio compared to its peers?

Thermo Fisher Scientific Inc.’s Current Ratio is less than Agilent Technologies, Inc. (2.15), greater than IDEXX Laboratories, Inc. (1.57), less than Illumina, Inc. (1.75), less than Waters Corporation (1.94), less than Danaher Corporation (1.85), less than Invitae Corporation (2.39), less than Guardant Health, Inc. (5.95), greater than Mettler-Toledo International Inc. (1.07), less than Charles River Laboratories International, Inc. (1.75), less than Revvity, Inc. (2.23),

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