Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc.

TMO

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Market Cap$183.03B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Thermo Fisher Scientific Inc.Thermo Fisher Scientific Inc.26.70.36%13%3.90.8

Earnings Call Q1 2026

April 23, 2026 - AI Summary

Strong Q1 Performance: Thermo Fisher Scientific reported Q1 revenue increased 6% year-over-year to $11.01 billion, and adjusted EPS grew by 6% to $5.44. Adjusted operating income also rose 6% to $2.4 billion, demonstrating solid execution and management capabilities despite macroeconomic uncertainties.
Guidance Raised for 2026: The company increased its full-year revenue guidance from a range of $46.3 billion to $47.2 billion to $47.3 billion to $48.1 billion (representing 6-8% growth). Adjusted EPS guidance was also raised to $24.64-$25.12, reflecting an 8-10% increase, capitalizing on strong Q1 performance and the recent Clario acquisition.
Sector Performance Mixed: While the pharma and biotech sectors (mid-single-digit growth) performed well, challenges were noted in academic/government (low single-digit decline) and diagnostics (mid-single-digit decline). The analytical instruments segment experienced flat revenue, largely impacted by reduced demand in U.S. and China.

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$587.25

Target Price by Analysts

23.9% upsideThermo Fisher Scientific Target Price DetailsTarget Price
$404.59

Current Fair Value

14.6% downside

Overvalued by 14.6% based on the discounted cash flow analysis.

Share Statistics

Market cap$183.03 Billion
Enterprise Value$222.93 Billion
Dividend Yield$1.76 (0.36%)
Earnings per Share$17.77
Beta0.88
Outstanding Shares372,000,000

Return

Return on Equity13.21%ROE
Return on Assets6.05%
Return on Invested Capital6.57%

Valuation & Multiples

P/E Ratio26.71P/E Ratio
PEG279.54PEG
Price to Sales3.92Price to Sales
Price to Book Ratio3.41Price to Book Ratio
Enterprise Value to Revenue4.93
Enterprise Value to EBIT34.41
Enterprise Value to Net Income32
Total Debt to Enterprise0.19
Debt to Equity0.83Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
April 29, 2026
EPS Estimate
$5.27
Average shareholder expectation
Revenue Estimate
$10.87 B
Average shareholder expectation

Next Earnings Call

Expected Date
July 22, 2026
EPS Estimate
$5.75
Average shareholder expectation
Revenue Estimate
$11.71 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio1.4005 19.93%
Total Calls1,564,938 25.03%
Total Puts2,191,724 34.37%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %88.28% 11.96%
Total Invested$163.91B 18.53%
Investors Holding2,639 120.00%

ESG Score

No data

About Thermo Fisher Scientific Inc.

75,000 employees
CEO: Marc Casper

Thermo Fisher Scientific Inc. is the world leader in serving science, with annual revenue exceeding $25 billion. Its Mission is to enable our customers to make the world healthier, cleaner and safer. Whether the customers are acceleratin...

Relevant Senate Committees

Joint Committee on Taxation

While advisory, its technical expertise and 'scoring' are essential for all tax legislation. This directly influences corporate tax rates, R&D credits, and other fiscal policies that significantly impact Thermo Fisher Scientific's financial performance and investment decisions.

Finance

This committee controls critical areas like corporate taxation (impacting TMO's profitability and investment), trade policies (tariffs affecting global supply chains), and entitlement spending (Medicare influencing demand for diagnostics and therapies).

Appropriations

This committee directly allocates discretionary federal spending. Its subcommittees determine precise funding for scientific research, healthcare programs, and defense initiatives, which are key revenue streams and customer bases for Thermo Fisher Scientific.

Health, Education, Labor, and Pensions

This committee directly regulates the FDA (critical for TMO's diagnostics, therapies, and pharmaceutical services) and influences the NIH (a major funder for TMO's life science research customers). It also impacts labor laws affecting TMO's workforce.

Judiciary

This committee oversees antitrust laws and intellectual property. Antitrust regulations directly impact Thermo Fisher Scientific's M&A strategies, while strong intellectual property protection is critical for its innovative scientific products and technologies.

Select Committee on Intelligence

Members receive classified briefings on global threats, including biological and chemical risks. This non-public information could directly influence government priorities and funding for biodefense, pandemic preparedness, and related research, creating high demand for TMO's diagnostic and research tools.