Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc.verified

TMO

Price:

$607.14

Market Cap:

$231.76B

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 ROE as of July 2024 (TTM) for Thermo Fisher Scientific Inc. (TMO) is 13.48%

According to Thermo Fisher Scientific Inc.’s latest financial reports and current stock price. The company's current ROE is 13.48%. This represents a change of 299.94% compared to the average of 3.37% of the last 4 quarters.

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

How has TMO ROE performed in the past?

The mean historical ROE of Thermo Fisher Scientific Inc. over the last ten years is 12.58%. The current 13.48% ROE has changed 7.15% with respect to the historical average. Over the past ten years (40 quarters), TMO's ROE was at its highest in in the December 2020 quarter at 7.24%. The ROE was at its lowest in in the April 2016 quarter at 1.92%.

Quarterly (TTM)
Annual

Average

12.58%

Median

11.55%

Minimum

8.76%

Maximum

18.94%

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

Discovering the peaks and valleys of Thermo Fisher Scientific Inc. ROE, 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 = 48.33%

Maximum Annual ROE = 18.94%

Minimum Annual Increase = -18.81%

Minimum Annual ROE = 8.76%

Quarterly (TTM)
Annual
YearROEChange
202312.83%-18.81%
202215.80%-16.55%
202118.94%2.50%
202018.47%48.33%
201912.45%16.94%
201810.65%21.64%
20178.76%-6.72%
20169.39%1.45%
20159.25%0.36%
20149.22%22.05%

Thermo Fisher Scientific Inc. (TMO) Average ROE

How has TMO ROE performed in the past?

The current ROE 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

15.86%

5-year avg

15.70%

10-year avg

12.58%

Thermo Fisher Scientific Inc. (TMO) ROE vs. Peers

How is TMO’s ROE compared to its peers?

Thermo Fisher Scientific Inc.’s ROE is less than Agilent Technologies, Inc. (20.87%), less than IDEXX Laboratories, Inc. (63.66%), greater than Illumina, Inc. (-21.56%), less than Waters Corporation (59.11%), less than Danaher Corporation (8.04%), less than Invitae Corporation (472.72%), greater than Guardant Health, Inc. (-246.47%), greater than Mettler-Toledo International Inc. (-617.07%), less than Charles River Laboratories International, Inc. (12.72%), less than Revvity, Inc. (1.91%),

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