Thermo Fisher Scientific

TMO · NYSE · USD

$665.60Change from previous close: −1.40%Absolute change: −$9.45

Close · October 1, 2026

Valuation

Data as of October 1, 2026

Valuation multiples

Market cap
$245.97B
Enterprise value
$288.21B
P/E (trailing 12 months)
36.1
Forward P/E
24.1
PEG
2.02
Price/book
4.67
Price/sales
5.31
EV/EBITDA
24.6
EV/revenue
6.22

Profitability and growth

Gross margin
41.0%
Operating margin
18.8%
Net margin
15.0%
ROE
13.5%
ROA
5.1%
Revenue growth (year over year)
10.5%
Earnings growth (year over year)
9.4%

Financial health

Total cash
$4.06B
Total debt
$42.55B
Debt/equity
0.81
Current ratio
1.55
Quick ratio
1.01

Dividends

Annual dividend per share
$1.88
Dividend yield
0.3%
Payout ratio
9.7%
Ex-dividend date
September 15, 2026

Analysts and estimates

Average price target
$652.85
Median price target
$650.00
High price target
$780.00
Low price target
$520.00
Number of analysts
26
Consensus
Buy
Forward EPS
$27.55
EPS estimate, current year
$25.13

Shares and trading

Beta
0.85
Average volume
2.05M
Shares outstanding
369.75M
Float
368.82M
Institutional ownership
94.1%
Insider ownership
0.1%
Short interest (% of float)
1.4%
Short ratio (days)
2.87