Thermo Operating Income from 2010 to 2026

TMO Stock  USD 504.82  5.00  0.98%   
Thermo Fisher Operating Income yearly trend continues to be very stable with very little volatility. Operating Income is likely to grow to about 8.5 B this year. Operating Income is earnings before interest and taxes (EBIT), representing the amount of profit Thermo Fisher Scientific generates from its operations. View All Fundamentals
 
Operating Income  
First Reported
1985-09-30
Previous Quarter
1.9 B
Current Value
2.3 B
Quarterly Volatility
741.4 M
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Thermo Fisher financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thermo Fisher's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.9 B, Total Revenue of 46.8 B or Gross Profit of 17.6 B, as well as many indicators such as Price To Sales Ratio of 5.13, Dividend Yield of 0.0028 or PTB Ratio of 4.28. Thermo financial statements analysis is a perfect complement when working with Thermo Fisher Valuation or Volatility modules.
  
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Check out the analysis of Thermo Fisher Correlation against competitors.
Evaluating Thermo Fisher's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Thermo Fisher Scientific's fundamental strength.

Latest Thermo Fisher's Operating Income Growth Pattern

Below is the plot of the Operating Income of Thermo Fisher Scientific over the last few years. Operating Income is the amount of profit realized from Thermo Fisher Scientific operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Thermo Fisher Scientific is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Thermo Fisher's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thermo Fisher's overall financial position and show how it may be relating to other accounts over time.
Operating Income10 Years Trend
Slightly volatile
   Operating Income   
       Timeline  

Thermo Operating Income Regression Statistics

Arithmetic Mean4,817,561,765
Geometric Mean2,831,642,732
Coefficient Of Variation66.20
Mean Deviation2,842,531,488
Median3,872,000,000
Standard Deviation3,189,357,164
Sample Variance10171999.1T
Range10.3B
R-Value0.91
Mean Square Error1810120.4T
R-Squared0.83
Slope576,500,980
Total Sum of Squares162751985.9T

Thermo Operating Income History

20268.5 B
20258.1 B
20247.7 B
20236.9 B
20228.5 B
202110.3 B
20207.9 B

Other Fundumenentals of Thermo Fisher Scientific

Thermo Fisher Operating Income component correlations

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About Thermo Fisher Financial Statements

Thermo Fisher investors utilize fundamental indicators, such as Operating Income, to predict how Thermo Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Operating Income8.1 B8.5 B
Non Operating Income Net Other-3.6 M-3.8 M

Pair Trading with Thermo Fisher

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thermo Fisher position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thermo Fisher will appreciate offsetting losses from the drop in the long position's value.

Moving against Thermo Stock

The ability to find closely correlated positions to Thermo Fisher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thermo Fisher when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thermo Fisher - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thermo Fisher Scientific to buy it.
The correlation of Thermo Fisher is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thermo Fisher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermo Fisher Scientific moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thermo Fisher can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Thermo Fisher Scientific offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thermo Fisher's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thermo Fisher Scientific Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thermo Fisher Scientific Stock:
Check out the analysis of Thermo Fisher Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Will Life Sciences Tools & Services sector continue expanding? Could Thermo diversify its offerings? Factors like these will boost the valuation of Thermo Fisher. If investors know Thermo will grow in the future, the company's valuation will be higher. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Thermo Fisher data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
0.09
Dividend Share
1.72
Earnings Share
17.74
Revenue Per Share
118.186
Quarterly Revenue Growth
0.072
Thermo Fisher Scientific's market price often diverges from its book value, the accounting figure shown on Thermo's balance sheet. Smart investors calculate Thermo Fisher's intrinsic value - its true economic worth - which may differ significantly from both market price and book value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Since Thermo Fisher's trading price responds to investor sentiment, macroeconomic conditions, and market psychology, it can swing far from fundamental value.
Please note, there is a significant difference between Thermo Fisher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermo Fisher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermo Fisher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.