THERMO FISHER SCIENTIFIC INC.

10-K & 10-Q Filings

Thermo Fisher Scientific Inc. is a leading science and technology company with a mission to enable customers to make the world healthier, cleaner, and safer. The company operates in various industries, including pharmaceutical and biotech, healthcare, academic and government, environmental and industrial, and food safety laboratories. Thermo Fisher's business strategy involves continuous research and development, product differentiation, and customer service and support. The company's business segments include Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Biopharma Services. Thermo Fisher's website is www.thermofisher.com, and its ticker symbol is TMO on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Apr 01, 20233 mos ending Mar 30, 2024CAGR %YoY %Revenue (+)
$11725.90
12509.90
13090.30
16889.60
16965.40
18274.10
20918.00
24358.00
25542.00
32218.00
39211.00
44915.00
42857.00
10710.00
10345.00
11.41%-3.41%Cost of Revenue (-)
$7354.20
7214.40
7561.20
9397.60
9209.50
9905.00
11473.00
13501.00
14214.00
16214.00
19573.00
25944.00
25757.00
6570.00
6140.00
11.01%-6.54%Gross Profit (+)
$4812.70
5295.50
5529.10
7492.00
7755.90
8369.10
9445.00
10857.00
11328.00
16004.00
19638.00
18971.00
17100.00
4140.00
4205.00
11.14%1.57%Selling, General & Administrative (-)
$3126.50
3354.90
3446.30
4896.10
4612.10
4975.90
5492.00
6057.00
6144.00
6930.00
8007.00
8993.00
8445.00
2119.00
2183.00
8.63%3.02%Research & Development (-)
$
376.40
395.50
691.10
692.30
754.80
888.00
967.00
1003.00
1181.00
1406.00
1471.00
1337.00
346.00
331.00
-4.34%Non-recurring Operating Expenses (-)
$
50.00
Operating Expenses (-)
$3126.50
3731.30
3841.80
5587.20
5304.40
5730.70
6380.00
7074.00
6734.00
8111.00
9413.00
10464.00
10241.00
2577.00
2514.00
10.39%-2.44%Costs & Expenses (Total) (-)
$10480.70
11027.80
11480.70
14386.60
14629.20
15824.90
17950.00
20575.00
20948.00
24424.00
29183.00
36522.00
35998.00
9147.00
8682.00
10.83%-5.08%Operating Income/Loss (+)
$1245.20
1482.10
1609.60
2503.00
2336.20
2449.20
2968.00
3783.00
4594.00
7794.00
10028.00
8393.00
6859.00
1563.00
1663.00
15.28%6.40%Non-operating Income/Expense (+)
$
152.00
-16.00
-655.00
-4.00
755.00
75.00
312.00
316.00%Interest Expense (-)
$
676.00
553.00
536.00
726.00
1375.00
300.00
363.00
21.00%Earnings before Tax (+)
$1126.60
1269.40
1319.50
2087.20
1936.40
2023.90
2429.00
3262.00
4070.00
7225.00
8841.00
7835.00
6298.00
1363.00
1589.00
15.42%16.58%Tax Expense (-)
$107.00
11.00
40.40
191.70
-43.90
-1.40
201.00
324.00
374.00
850.00
1109.00
703.00
284.00
46.00
281.00
8.47%510.87%Income/Loss (Continuing Operations) (+)
$1019.60
1258.40
1279.10
1895.50
1980.30
2025.30
2228.00
2938.00
3696.00
6375.00
7732.00
7132.00
6014.00
1317.00
1308.00
15.94%-0.68%Income/Loss (Discontinued Operations) (+)
$5.50
-19.20
-0.70
-1.10
-4.90
-3.50
-3.00
Profit/Loss (+)
$
7728.00
6960.00
5955.00
1292.00
1331.00
3.02%Net Income/Loss (NCI) (-)
$
3.00
10.00
-40.00
3.00
4.00
33.33%Net Income/Loss (+)
$1329.90
1177.90
1273.30
1894.40
1975.40
2021.80
2225.00
2938.00
3696.00
6375.00
7725.00
6950.00
5995.00
1289.00
1328.00
13.37%3.03%Net Income/Loss (Common) (+)
$1329.90
1177.90
1273.30
1894.40
1975.40
2021.80
2225.00
2938.00
3696.00
6375.00
7725.00
6950.00
5995.00
1289.00
1328.00
13.37%3.03%EPS (Basic)
$3.49
3.24
3.53
4.76
4.96
5.12
5.64
7.31
9.24
16.09
19.62
17.75
15.52
3.34
3.47
13.24%3.89%EPS (Diluted)
$3.46
3.21
3.48
4.71
4.92
5.09
5.59
7.24
9.17
15.96
19.46
17.63
15.45
3.32
3.46
13.28%4.22%Weighted Avg Shares (Basic)
380.80
363.80
360.30
398.20
398.70
394.80
395.00
402.00
400.00
396.00
394.00
392.00
386.00
386.00
382.00
0.11%-1.04%Weighted Avg Shares (Diluted)
384.80
366.60
365.80
402.30
401.90
397.40
398.00
406.00
403.00
399.00
397.00
394.00
388.00
388.00
384.00
0.07%-1.03%Cash
$1016.30
851.00
5826.00
1343.50
452.10
786.20
1335.00
2103.00
2399.00
10325.00
4477.00
8524.00
8077.00
3482.00
5499.00
18.86%57.93%Short-term Investments
$4.30
4.30
4.50
8.50
1751.00
Receivables
$1814.10
1804.90
1942.30
2473.60
2544.90
3048.50
3879.00
4136.00
4349.00
5741.00
7977.00
8115.00
8221.00
7922.00
7931.00
13.42%0.11%Inventory
$1355.40
1443.30
1494.50
1859.50
1991.70
2213.30
2971.00
3005.00
3973.00
4760.00
6019.00
6946.00
6531.00
7039.00
6555.00
14.00%-6.88%Other Assets (Current)
$631.80
731.30
613.40
854.70
752.50
973.00
1236.00
1381.00
1172.00
1131.00
1640.00
1644.00
1760.00
1766.00
1904.00
8.91%7.81%Assets (Current)
$4821.90
4834.80
9880.70
6539.80
5741.20
7021.00
9421.00
10625.00
11893.00
21957.00
20113.00
25229.00
24589.00
20209.00
23640.00
14.54%16.98%Property, Plant & Equipment (Net)
$1656.20
1726.40
1767.40
2426.50
2448.80
2577.80
4047.00
4165.00
4749.00
5912.00
8333.00
9280.00
9448.00
9354.00
9324.00
15.62%-0.32%Goodwill & Intangibles
$19803.90
20279.00
19574.60
32952.70
31585.90
35296.80
41974.00
40325.00
39728.00
38726.00
62037.00
58638.00
60690.00
61112.00
59891.00
9.78%-2.00%Other Assets
$551.70
604.40
640.70
933.10
1113.10
1011.90
1227.00
1117.00
2011.00
2457.00
4640.00
4007.00
3999.00
3983.00
4241.00
17.95%6.48%Assets (Non-current)
$22011.80
22609.80
21982.70
36312.30
35147.80
38886.50
47248.00
45607.00
46488.00
47095.00
75010.00
71925.00
74137.00
74449.00
73456.00
10.65%-1.33%Assets (Total)
$26833.70
27444.60
31863.40
42852.10
40889.00
45907.50
56669.00
56232.00
58381.00
69052.00
95123.00
97154.00
98726.00
94658.00
97095.00
11.47%2.57%Accounts Payable
$955.90
1029.40
1123.50
1654.70
1632.90
1800.30
2346.00
2597.00
2930.00
4091.00
5294.00
5476.00
4468.00
4105.00
3869.00
13.71%-5.75%Debt (Current)
$1272.80
93.10
987.70
2212.40
1052.80
1255.50
2135.00
1271.00
676.00
2628.00
2537.00
5579.00
3609.00
6122.00
4451.00
9.07%-27.30%Other Liabilities (Current)
$884.40
970.80
1014.80
1482.70
1461.60
1810.00
2567.00
2279.00
2591.00
3585.00
5605.00
5955.00
5935.00
5657.00
5617.00
17.19%-0.71%Liabilities (Current)
$3113.10
2093.30
3126.00
5349.80
4147.30
4865.80
7048.00
6147.00
6197.00
10304.00
13436.00
17010.00
14012.00
15884.00
13937.00
13.36%-12.26%Debt (Non-current)
$5755.20
7031.20
9499.60
12351.60
11473.90
15372.40
18873.00
17719.00
17076.00
19107.00
32333.00
28909.00
31308.00
29135.00
31157.00
15.16%6.94%Other Liabilities
$2927.30
2855.40
2381.70
4602.60
3917.60
4130.00
5335.00
4780.00
5433.00
5134.00
8377.00
7087.00
6564.00
7206.00
6378.00
6.96%-11.49%Liabilities (Non-current)
$8682.50
9886.60
11881.30
16954.20
15391.50
19502.40
24208.00
22499.00
22509.00
24241.00
40710.00
35996.00
37872.00
36341.00
37535.00
13.06%3.29%Liabilities (Total)
$11795.60
11979.90
15007.30
22304.00
19538.80
24368.20
31256.00
28646.00
28706.00
34545.00
54146.00
53006.00
51884.00
52225.00
51472.00
13.14%-1.44%Treasury Stock
$1837.10
2996.80
412.20
455.90
1007.90
2306.00
3103.00
3665.00
5236.00
6818.00
8922.00
12017.00
15133.00
15083.00
18186.00
19.21%20.57%Retained Earnings
$6716.30
7697.30
8753.30
10406.90
12142.30
13926.90
15914.00
18696.00
22092.00
28116.00
35431.00
41910.00
47364.00
43064.00
48542.00
17.68%12.72%AOCI
$-399.50
-150.40
-77.20
-1285.00
-1997.30
-2636.30
-2003.00
-2498.00
-2679.00
-2807.00
-2329.00
-3099.00
-3224.00
-3054.00
-2764.00
9.50%Shareholder's Equity
$15038.10
15464.70
16856.10
20548.10
21350.20
21539.30
25413.00
27586.00
29675.00
34507.00
40855.00
44032.00
46724.00
42310.00
45504.00
9.91%7.55%Liabilities & Equity
$26833.70
27444.60
31863.40
42852.10
40889.00
45907.50
56669.00
56232.00
58381.00
69052.00
95123.00
97154.00
98726.00
94658.00
97095.00
11.47%2.57%Net Income/Loss
$1329.90
1177.90
1273.30
1894.40
1975.40
2021.80
2225.00
2938.00
3696.00
6375.00
7728.00
6960.00
5955.00
1292.00
1331.00
13.31%3.02%Depreciation & Amortization
$864.90
983.70
999.90
1684.80
1688.20
1758.00
2033.00
2267.00
2277.00
2325.00
2592.00
3381.00
3406.00
859.00
836.00
12.10%-2.68%Increase/Decrease in Working Capital
$362.70
312.60
313.90
404.30
924.20
804.10
604.00
949.00
967.00
947.00
2195.00
2044.00
1837.00
146.00
253.00
14.48%73.29%Share-based Compensation
$54.90
54.90
52.70
67.50
87.50
90.80
159.00
181.00
181.00
196.00
230.00
307.00
278.00
76.00
70.00
14.47%-7.89%Adjustments to Reconcile Net Income
$361.10
861.60
736.50
728.40
845.30
1133.00
1778.00
1605.00
1277.00
1914.00
1584.00
2194.00
2451.00
-563.00
-81.00
17.30%85.61%Net Cash (Operating)
$1691.00
2039.50
2010.70
2619.60
2816.90
3156.30
4005.00
4543.00
4973.00
8289.00
9312.00
9154.00
8406.00
729.00
1251.00
14.30%71.60%Capital Expenditure
$5943.10
1385.70
273.10
11916.60
1099.40
5606.50
7727.00
1244.00
1605.00
1504.00
21898.00
2258.00
5052.00
3156.00
343.00
-1.34%-89.13%Net Cash (Investing)
$-5142.20
-1325.80
-263.30
-11782.70
-1087.40
-5532.10
-7729.00
-1253.00
-1487.00
-1510.00
-21932.00
-2159.00
-5142.00
-3142.00
-2030.00
35.39%Increase/Decrease in Debt
$4709.20
102.30
3354.70
1876.40
-1932.70
4173.90
3026.00
-1556.00
-1405.00
2747.00
8911.00
654.00
-155.00
504.00
1205.00
139.09%Increase/Decrease in Equity
$-1179.40
-895.90
140.60
2942.00
-500.00
-1250.00
1068.00
-364.00
-1347.00
-1304.00
-1844.00
-3000.00
-3000.00
-3000.00
-3000.00
0.00%Dividends Paid
$
142.20
216.20
234.80
240.60
238.40
237.00
266.00
297.00
337.00
395.00
455.00
523.00
117.00
135.00
15.38%Net Cash (Financing)
$3550.60
-917.70
3310.00
4796.10
-2491.30
2860.60
3854.00
-2237.00
-3118.00
959.00
6581.00
-2810.00
-3622.00
-2593.00
-1821.00
29.77%Effect of Exchange Rate
$-0.20
38.70
-37.00
-115.50
-129.60
-150.70
420.00
-297.00
-63.00
176.00
194.00
-139.00
-82.00
-31.00
22.00
170.97%Increase/Decrease in Cash
$99.20
-165.30
5020.40
-4482.50
-891.40
334.10
550.00
756.00
305.00
7914.00
-5845.00
4046.00
-440.00
-5037.00
-2578.00
48.82%Cash (Beginning)
$917.10
1016.30
805.60
5826.00
1343.50
452.10
811.00
1361.00
2117.00
2422.00
10336.00
4491.00
8537.00
8537.00
8097.00
20.43%-5.15%Cash (Ending)
$1016.30
851.00
5826.00
1343.50
452.10
786.20
1361.00
2117.00
2422.00
10336.00
4491.00
8537.00
8097.00
3500.00
5519.00
18.88%57.69%NOPAT
$1363.46
1469.26
1560.32
2273.11
2389.16
2447.51
2722.40
3407.25
4171.85
6877.06
8770.10
7639.93
6549.70
1510.25
1368.91
13.97%-9.36%Gross Margin %
41.04%
42.33%
42.24%
44.36%
45.72%
45.80%
45.15%
44.57%
44.35%
49.67%
50.08%
42.24%
39.90%
38.66%
40.65%
Operating Margin %
10.62%
11.85%
12.30%
14.82%
13.77%
13.40%
14.19%
15.53%
17.99%
24.19%
25.57%
18.69%
16.00%
14.59%
16.08%
NOPAT Margin %
11.63%
11.74%
11.92%
13.46%
14.08%
13.39%
13.01%
13.99%
16.33%
21.35%
22.37%
17.01%
15.28%
14.10%
13.23%
Net Margin %
11.34%
9.42%
9.73%
11.22%
11.64%
11.06%
10.64%
12.06%
14.47%
19.79%
19.70%
15.47%
13.99%
12.04%
12.84%
Tax Rate %
-9.50%
0.87%
3.06%
9.18%
-2.27%
0.07%
8.28%
9.93%
9.19%
11.76%
12.54%
8.97%
4.51%
3.37%
17.68%
ROA
5.08%
5.35%
4.90%
5.30%
5.84%
5.33%
4.80%
6.06%
7.15%
9.96%
9.22%
7.86%
6.63%
1.60%
1.41%
ROE
9.07%
9.50%
9.26%
11.06%
11.19%
11.36%
10.71%
12.35%
14.06%
19.93%
21.47%
17.35%
14.02%
3.57%
3.01%
ROIC
5.62%
5.98%
6.38%
5.88%
6.52%
5.94%
5.38%
6.81%
8.18%
13.10%
10.94%
9.67%
8.01%
1.90%
1.75%
Asset Turnover
0.44
0.46
0.41
0.39
0.41
0.40
0.37
0.43
0.44
0.47
0.41
0.46
0.43
0.11
0.11
Inventory Turnover
5.43
5.00
5.06
5.05
4.62
4.48
3.86
4.49
3.58
3.41
3.25
3.74
3.94
0.93
0.94
Equity Multiplier
1.78
1.77
1.89
2.09
1.92
2.13
2.23
2.04
1.97
2.00
2.33
2.21
2.11
2.24
2.13
Current Ratio
1.55
2.31
3.16
1.22
1.38
1.44
1.34
1.73
1.92
2.13
1.50
1.48
1.75
1.27
1.70
Quick Ratio
0.91
1.27
2.49
0.72
0.72
0.79
0.74
1.01
1.09
1.56
0.93
0.98
1.16
0.72
1.09
Debt/Equity Ratio
0.47
0.46
0.62
0.71
0.59
0.77
0.83
0.69
0.60
0.63
0.85
0.78
0.75
0.83
0.78
Working Capital/Sales
0.24
0.21
0.24
0.19
0.15
0.18
0.22
0.23
0.25
0.24
0.25
0.25
0.27
0.85
0.85
R&D/Sales
0.03
0.03
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.04
0.03
0.03
0.03
0.03
Dividend Payout Ratio %
9.68%
13.86%
10.33%
10.07%
9.74%
8.71%
7.81%
7.12%
4.90%
4.50%
5.96%
7.99%
7.75%
9.86%
Total Payout
$-3529.80
935.80
-3279.10
-4583.60
2673.30
-2685.50
-3857.00
2186.00
3049.00
-1106.00
-6672.00
2801.00
3678.00
2613.00
1930.00
-26.14%Payout Ratio %
-258.88%
63.69%
-210.16%
-201.64%
111.89%
-109.72%
-141.68%
64.16%
73.09%
-16.08%
-76.08%
36.66%
56.16%
173.02%
140.99%