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Thermo Fisher Scientific Inc. Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc.

TMO
Rank in Stocks #91
Thermo Fisher Scientific Inc. offers life sciences solutions, analytical... Thermo Fisher Scientific Inc. offers life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and service worldwide. 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 to pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and government markets. Its Analytical Instruments segment provides instruments, consumables, software, and services for use in laboratory, on production line, and in field for pharmaceutical, biotechnology, academic, government, environmental, and other research and industrial markets, as well as clinical laboratories. The company's Specialty Diagnostics segment offers liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, as well as calibrators, controls, and calibration verification fluids; ImmunoCAP for allergy and asthma tests, and EliA for autoimmunity tests; dehydrated and prepared culture media, collection and transport systems, instrumentation, and consumables; human leukocyte antigen typing and testing for organ transplant market; and healthcare products. Its Laboratory Products and Services segment provides laboratory refrigerators and freezers, ultralow-temperature freezers, and cryopreservation storage tanks; temperature control, sample preparation and preservation, centrifugation, and biological safety cabinet products; water analysis instruments; laboratory plastics products; laboratory chemicals; and pharma services. The company offers products and services through a direct sales force, customer-service professionals, electronic commerce, third-party distributors, and catalogs. It has a strategic alliance with the University of California, San Francisco. The company was incorporated in 1956 and is based in Waltham, Massachusetts.
Share Price
$475.89
Market Cap
$176.79B
Change (1 day)
-4.00%
Change (1 year)
-7.17%
Country
US
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P/E ratio for Thermo Fisher Scientific Inc. (TMO)
P/E ratio as of March 2026 TTM: 29.18
According to Thermo Fisher Scientific Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 29.18. At the end of 2024 the company had a P/E ratio of 31.37.
P/E ratio history for Thermo Fisher Scientific Inc. from 2000 to 2026
P/E ratio at the end of each year
Year P/E Ratio Change
2026 (TTM) 29.18 -9.77%
2025 32.34 3.09%
2024 31.37 -8.21%
2023 34.18 10.03%
2022 31.06 -8.73%
2021 34.03 17.62%
2020 28.93 -17.71%
2019 35.16 14.82%
2018 30.62 -9.16%
2017 33.71 22.34%
2016 27.55 -3.76%
2015 28.63 8.71%
2014 26.34 -16.42%
2013 31.51 59.95%
2012 19.70 52.98%
2011 12.88 -40.27%
2010 21.56 -6.79%
2009 23.13 61.40%
2008 14.33 -55.14%
2007 31.94 -39.24%
2006 52.57 141.04%
2005 21.81 60.24%
2004 13.61 -33.61%
2003 20.50 88.61%
2002 10.87 -100.20%
2001 -5.50K 4,633.22%
2000 -116.27 0.00%
P/E ratio for similar companies or competitors
Company P/E Ratio P/E Ratio Difference Country
41.22 41.28%
US
49.65 70.15%
US
18.53 -36.50%
CN
26.63 -8.74%
US
22.35 -23.40%
US
How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.

Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.