Stock Analiz

Thermo Fisher Scientific Inc. TMO

Industrial Machinery/Components · data as of November 13, 2026

$700.22Market cap $259.4B
Open the interactive analysis →

Thermo Fisher Scientific Inc. (TMO) is a industrial company listed in the US with a market value of about $259.4B. In the twelve months to September 26, 2026 it had revenue of $47.4B and net income of $7.1B, a net margin of 14.9%.

Its overall Stock Analiz score is 2.0 out of 5 (weak). The strongest part is shareholder returns (5/5); the weakest is value (0/5).

Key numbers: a P/E of 36.9, a price to free cash flow of 34.2, 5-year revenue growth of 7% a year, a 5-year average ROIC of 9%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 51% below the current price.

Score: 2.0 / 5

Value0/5
Future growth1/5
Track record1/5
Financial health3/5
Shareholder returns5/5

Checks passed

  • Profit margin improving
  • Profitable 5 years in a row
  • Positive free cash flow
  • Interest covered more than 5 times
  • Liabilities below 60% of assets
  • Pays a dividend
  • Share count down over 3 years (buybacks)
  • 20% to 100% of free cash flow returned to shareholders

Checks not passed

  • P/E below 25
  • P/E below the industry median
  • P/FCF below 20
  • Price below intrinsic value (DCF, moderate assumptions)
  • PEG below 1.5
  • Revenue growth above 10% last year
  • 3-year revenue growth above 10% a year
  • 3-year free cash flow growth above 10% a year

Valuation

P/E (TTM)36.9
Forward P/E25.9
P/FCF34.2
P/S5.5
P/B4.7
EV/EBITDA26.2
PEG17.26
Dividend yield0.26%
FCF yield2.9%
Shareholder yield1.4%
Intrinsic value vs. price−51%

Growth and quality

Revenue growth (1 yr)3.9%
Revenue growth (5 yrs, per year)6.7%
EPS growth (5 yrs, per year)2.1%
FCF growth (3 yrs, per year)-3.1%
Net margin (5-yr avg.)15.8%
ROIC (5-yr avg.)8.9%
Profitable years (of last 10)10
Years paying a dividend10

Financials, last 10 years

Fiscal yearTTM2025202420232022202120202019201820172016
Revenue$47.4B$44.6B$42.9B$42.9B$44.9B$39.2B$32.2B$25.5B$24.4B$20.9B$18.3B
Net income$7.1B$6.7B$6.3B$6.0B$7.0B$7.7B$6.4B$3.7B$2.9B$2.2B$2.0B
Free cash flow$7.6B$6.3B$7.3B$6.9B$6.9B$6.8B$6.8B$4.0B$3.8B$3.5B$2.8B
EPS (diluted)$18.96$17.74$16.53$15.45$17.63$19.46$15.96$9.17$7.24$5.59$5.09
Net margin14.9%15.0%14.8%14.0%15.5%19.7%19.8%14.5%12.1%10.6%11.1%
ROIC—7.6%8.1%7.9%9.5%11.4%12.0%8.7%7.3%5.8%5.1%

From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.

What analysts expect

The average 12-month price target from 25 analysts is $756.52, 8% above the current price; targets range from $590.00 to $830.00; the consensus rating is “Strong buy”; expected EPS is $25.28 for the fiscal year ending December 31, 2026.

Frequently asked questions

What is Thermo Fisher Scientific’s P/E ratio?

About 36.9, based on the last twelve months of diluted earnings per share (forward P/E about 25.9).

Is Thermo Fisher Scientific stock undervalued?

Our DCF model with moderate assumptions puts its intrinsic value about 51% below the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.

Does Thermo Fisher Scientific pay a dividend?

Yes. The dividend yield is about 0.26%, and it has paid dividends for 10 years in our data.

Is Thermo Fisher Scientific a good stock to buy?

We do not give buy or sell advice. Thermo Fisher Scientific scores 2.0 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.

Similar companies

Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.