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Thermo Fisher (TMO)
NYSE:TMO
US Market

Thermo Fisher (TMO) Ratios

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Thermo Fisher Ratios

TMO's free cash flow for Q1 2025 was $0.41. For the 2025 fiscal year, TMO's free cash flow was decreased by $ and operating cash flow was $0.19. See a summary of the company’s cash flow.
Ratios
TTM
Dec 24Dec 23Dec 22Dec 21
Liquidity Ratios
Current Ratio
1.48 1.75 1.48 1.50 2.13
Quick Ratio
1.15 1.39 1.15 1.12 1.74
Cash Ratio
0.50 0.58 0.50 0.33 1.00
Solvency Ratio
0.19 0.18 0.19 0.19 0.25
Operating Cash Flow Ratio
0.54 0.60 0.54 0.71 0.80
Short-Term Operating Cash Flow Coverage
1.64 2.33 1.64 3.76 3.15
Net Current Asset Value
$ -27.78B$ -27.30B$ -27.78B$ -34.03B$ -12.58B
Leverage Ratios
Debt-to-Assets Ratio
0.35 0.35 0.35 0.37 0.31
Debt-to-Equity Ratio
0.78 0.75 0.78 0.85 0.63
Debt-to-Capital Ratio
0.44 0.43 0.44 0.46 0.39
Long-Term Debt-to-Capital Ratio
0.40 0.40 0.40 0.44 0.36
Financial Leverage Ratio
2.21 2.11 2.21 2.33 2.00
Debt Service Coverage Ratio
1.78 2.17 1.78 3.86 2.94
Interest Coverage Ratio
11.56 4.99 11.56 18.71 14.09
Debt to Market Cap
0.16 0.17 0.16 0.13 0.12
Interest Debt Per Share
89.83 94.02 89.83 89.86 56.28
Net Debt to EBITDA
2.17 2.42 2.17 2.34 1.12
Profitability Margins
Gross Profit Margin
43.42%39.93%43.42%51.60%51.23%
EBIT Margin
19.06%17.90%19.06%26.45%24.42%
EBITDA Margin
26.59%25.85%26.59%33.06%31.63%
Operating Profit Margin
18.69%16.00%18.69%25.57%24.19%
Pretax Profit Margin
17.44%14.70%17.44%22.55%22.43%
Net Profit Margin
15.47%13.99%15.47%19.70%19.79%
Continuous Operations Profit Margin
15.50%13.90%15.50%19.71%19.79%
Net Income Per EBT
88.70%95.19%88.70%87.38%88.24%
EBT Per EBIT
93.35%91.82%93.35%88.16%92.70%
Return on Assets (ROA)
7.15%6.07%7.15%8.12%9.23%
Return on Equity (ROE)
15.80%12.83%15.80%18.94%18.47%
Return on Capital Employed (ROCE)
10.47%8.10%10.47%12.28%13.27%
Return on Invested Capital (ROIC)
9.15%7.42%9.15%10.80%11.47%
Return on Tangible Assets
18.06%15.76%18.06%23.37%21.02%
Earnings Yield
3.22%2.93%3.22%2.94%3.46%
Efficiency Ratios
Receivables Turnover
4.76 4.43 4.76 4.38 4.98
Payables Turnover
7.52 8.96 7.52 6.62 7.22
Inventory Turnover
4.51 5.06 4.51 3.76 3.90
Fixed Asset Turnover
4.13 4.54 4.13 3.98 4.82
Asset Turnover
0.46 0.43 0.46 0.41 0.47
Working Capital Turnover Ratio
6.03 4.56 6.03 4.28 3.71
Cash Conversion Cycle
108.96 113.72 108.96 125.27 116.39
Days of Sales Outstanding
76.61 82.31 76.61 83.27 73.32
Days of Inventory Outstanding
80.91 72.14 80.91 97.15 93.59
Days of Payables Outstanding
48.56 40.72 48.56 55.14 50.52
Operating Cycle
157.52 154.44 157.52 180.42 166.91
Cash Flow Ratios
Operating Cash Flow Per Share
23.35 21.78 23.35 24.22 20.93
Free Cash Flow Per Share
17.63 17.95 17.63 17.82 17.21
CapEx Per Share
5.72 3.83 5.72 6.40 3.72
Free Cash Flow to Operating Cash Flow
0.75 0.82 0.75 0.74 0.82
Dividend Paid and CapEx Coverage Ratio
3.39 4.20 3.39 3.27 4.58
Capital Expenditure Coverage Ratio
4.08 5.68 4.08 3.78 5.62
Operating Cash Flow Coverage Ratio
0.27 0.24 0.27 0.27 0.38
Operating Cash Flow to Sales Ratio
0.20 0.20 0.20 0.24 0.26
Free Cash Flow Yield
3.20%3.38%3.20%2.67%3.69%
Valuation Ratios
Price-to-Earnings (P/E) Ratio
31.06 34.18 31.06 34.03 28.93
Price-to-Sales (P/S) Ratio
4.81 4.78 4.81 6.70 5.73
Price-to-Book (P/B) Ratio
4.91 4.38 4.91 6.44 5.35
Price-to-Free Cash Flow (P/FCF) Ratio
31.24 29.58 31.24 37.45 27.07
Price-to-Operating Cash Flow Ratio
23.58 24.37 23.58 27.55 22.25
Price-to-Earnings Growth (PEG) Ratio
-3.24 -2.75 -3.24 1.56 0.39
Price-to-Fair Value
4.91 4.38 4.91 6.44 5.35
Enterprise Value Multiple
20.25 20.92 20.25 22.62 19.22
Enterprise Value
241.83B 231.72B 241.83B 293.29B 195.86B
EV to EBITDA
20.25 20.92 20.25 22.62 19.22
EV to Sales
5.38 5.41 5.38 7.48 6.08
EV to Free Cash Flow
34.99 33.45 34.99 41.78 28.74
EV to Operating Cash Flow
26.42 27.57 26.42 30.73 23.63
Tangible Book Value Per Share
-37.06 -35.88 -37.06 -53.54 -10.63
Shareholders’ Equity Per Share
112.19 121.08 112.19 103.54 87.14
Tax and Other Ratios
Effective Tax Rate
0.09 0.05 0.09 0.13 0.12
Revenue Per Share
114.58 111.03 114.58 99.52 81.36
Net Income Per Share
17.73 15.53 17.73 19.61 16.10
Tax Burden
0.89 0.95 0.89 0.87 0.88
Interest Burden
0.92 0.82 0.92 0.85 0.92
Research & Development to Revenue
0.03 0.03 0.03 0.04 0.04
SG&A to Revenue
0.00 0.00 0.00 0.00 0.00
Stock-Based Compensation to Revenue
<0.01 <0.01 <0.01 <0.01 <0.01
Income Quality
1.32 1.40 1.32 1.23 1.30
Currency in USD
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