Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc. - PE Ratioverified

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

The PE Ratio as of June 2026 (TTM) for Thermo Fisher Scientific Inc. (TMO) is 25.53

According to Thermo Fisher Scientific Inc.’s latest financial reports and current stock price. The company's current PE Ratio is 25.53. This represents a change of -3.08% compared to the average of 26.34 of the last 4 quarters.

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

How has TMO PE Ratio performed in the past?

The mean historical PE Ratio of Thermo Fisher Scientific Inc. over the last ten years is 31.92. The current 25.53 PE Ratio has changed 7.90% with respect to the historical average. Over the past ten years (40 quarters), TMO's PE Ratio was at its highest in in the April 2023 quarter at 43.14. The PE Ratio was at its lowest in in the December 2020 quarter at 18.48.

Quarterly (TTM)
Annual

Average

31.92

Median

31.99

Minimum

27.56

Maximum

35.16

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

Discovering the peaks and valleys of Thermo Fisher Scientific Inc. PE 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 = 22.16%

Maximum Annual PE Ratio = 35.16

Minimum Annual Increase = -17.72%

Minimum Annual PE Ratio = 27.56

Quarterly (TTM)
Annual
YearPE RatioChange
202532.613.92%
202431.38-8.20%
202334.1810.04%
202231.06-8.72%
202134.0317.61%
202028.93-17.72%
201935.1614.85%
201830.61-9.07%
201733.6722.16%
201627.56-3.64%

Thermo Fisher Scientific Inc. (TMO) Average PE Ratio

How has TMO PE Ratio performed in the past?

The current PE 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

32.72

5-year avg

32.65

10-year avg

31.92

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

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

Thermo Fisher Scientific Inc.’s PE Ratio is greater than Abbott Laboratories (24.55), less than Danaher Corporation (34.14), less than Merck & Co., Inc. (31.99), greater than Novo Nordisk A/S (10.68), less than Intuitive Surgical, Inc. (48.60), greater than Novartis AG (21.02), less than AstraZeneca PLC (25.98), greater than Amgen Inc. (23.31), greater than Agilent Technologies, Inc. (25.46), greater than IQVIA Holdings Inc. (20.61),

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