Thermo Fisher Financials

TMO Stock  USD 516.10  0.00  0.00%   
Based on the analysis of Thermo Fisher's profitability, liquidity, and operating efficiency, Thermo Fisher Scientific is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in December. At this time, Thermo Fisher's Net Debt is very stable compared to the past year. As of the 22nd of November 2024, Retained Earnings is likely to grow to about 49.7 B, while Common Stock Shares Outstanding is likely to drop about 272.7 M. Key indicators impacting Thermo Fisher's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.150.1399
Notably Up
Slightly volatile
Return On Assets0.03480.0607
Way Down
Slightly volatile
Return On Equity0.07290.1283
Way Down
Slightly volatile
Debt Equity Ratio0.670.7471
Moderately Down
Slightly volatile
Operating Income7.2 B6.9 B
Sufficiently Up
Slightly volatile
Current Ratio2.51.7549
Significantly Up
Pretty Stable
The essential information of the day-to-day investment outlook for Thermo Fisher includes many different criteria found on its balance sheet. An individual investor should monitor Thermo Fisher's cash flow, debt, and profitability to accurately make informed decisions on whether to invest in Thermo Fisher.

Cash And Equivalents

10.29 Billion

  
Understanding current and past Thermo Fisher Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Thermo Fisher's financial statements are interrelated, with each one affecting the others. For example, an increase in Thermo Fisher's assets may result in an increase in income on the income statement.

Thermo Fisher Earnings Geography

Thermo Fisher Stock Summary

Thermo Fisher competes with Agilent Technologies, IDEXX Laboratories, Illumina, Waters, and Danaher. Thermo Fisher Scientific Inc. offers life sciences solutions, analytical instruments, specialty diagnostics, and laboratory products and service worldwide. The company was incorporated in 1956 and is based in Waltham, Massachusetts. Thermo Fisher operates under Diagnostics Research classification in the United States and is traded on New York Stock Exchange. It employs 130000 people.
Foreign Associate
  Mexico
Specialization
Health Care, Pharmaceuticals, Biotechnology & Life Sciences
InstrumentUSA Stock View All
ExchangeNew York Stock Exchange
ISINUS8835561023
CUSIP883556102 883556201
LocationMassachusetts; U.S.A
Business Address168 Third Avenue,
SectorLife Sciences Tools & Services
IndustryHealth Care
BenchmarkDow Jones Industrial
Websitewww.thermofisher.com
Phone781 622 1000
CurrencyUSD - US Dollar

Thermo Fisher Key Financial Ratios

Thermo Fisher Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets58.4B69.1B95.1B97.2B98.7B103.7B
Other Current Liab2.7B3.9B5.4B5.4B4.8B5.1B
Net Debt15.4B11.4B30.4B26.0B26.8B28.2B
Retained Earnings22.1B28.1B35.4B41.9B47.4B49.7B
Cash2.4B10.3B4.5B8.5B8.1B8.5B
Net Receivables5.0B6.5B8.9B9.4B9.7B10.1B
Inventory3.4B4.0B5.1B5.6B5.1B5.3B
Other Current Assets1.2B1.1B1.6B1.6B1.8B1.8B
Total Liab28.7B34.5B54.1B53.0B51.9B54.5B
Total Current Assets11.9B22.0B20.1B25.2B24.6B25.8B
Short Term Debt676M2.8B2.5B5.6B3.6B3.8B
Intangible Assets14.0B12.7B20.1B17.5B16.7B17.5B
Accounts Payable1.9B2.2B2.9B3.4B2.9B3.0B
Good Will25.7B26.0B41.9B41.2B44.0B46.2B
Common Stock434M437M439M441M442M357.4M
Other Liab4.8B5.1B8.1B5.7B6.5B6.9B
Other Assets1.2B1.6B3.0B2.2B2.6B2.7B
Long Term Debt17.1B19.1B32.3B28.9B31.3B32.9B
Treasury Stock(3.7B)(5.2B)(6.8B)(8.9B)(8.0B)(7.6B)
Net Tangible Assets(10.1B)(4.2B)(21.2B)(14.5B)(13.1B)(13.7B)

Thermo Fisher Key Income Statement Accounts

201920202021202220232024 (projected)
Total Revenue25.5B32.2B39.2B44.9B42.9B45.0B
Gross Profit11.8B16.5B20.2B19.5B17.6B18.4B
Operating Income4.6B7.8B10.0B8.4B6.9B7.2B
Ebit4.6B7.9B10.4B8.6B6.9B7.2B
Ebitda6.6B10.2B13.0B11.9B6.9B7.2B
Cost Of Revenue13.7B15.7B19.0B25.4B25.3B26.6B
Income Before Tax4.1B7.2B8.8B7.8B6.3B6.6B
Net Income3.7B6.4B7.7B7.0B6.0B6.3B
Income Tax Expense374M850M1.1B703M(284M)(269.8M)
Interest Expense676M553M536M726M1.4B1.4B
Research Development1.0B1.2B1.4B1.5B1.3B1.4B
Non Recurring(413M)99M197M114M131.1M137.7M
Tax Provision324M374M850M1.1B703M469.3M
Interest Income224M488M43M272M720M756M
Net Interest Income(452M)(488M)(493M)(454M)(534M)(560.7M)

Thermo Fisher Key Cash Accounts

201920202021202220232024 (projected)
Change To Inventory(458M)(508M)(1.1B)(825M)598M627.9M
Change In Cash305M7.9B(5.8B)4.0B(440M)(418M)
Free Cash Flow4.0B6.8B7.0B6.9B6.9B7.3B
Depreciation2.3B2.3B2.6B3.4B3.4B3.6B
Other Non Cash Items(214M)340M957M550M564M592.2M
Capital Expenditures926M1.5B2.5B2.2B1.5B1.6B
Net Income3.7B6.4B7.7B7.0B6.0B6.3B
End Period Cash Flow2.4B10.3B4.5B8.5B8.1B8.5B
Dividends Paid297M337M395M455M523M511.8M
Investments(1.5B)(1.5B)(21.9B)(2.2B)(5.3B)(5.0B)
Change Receivables(225M)(1.3B)(204M)(430M)(387M)(406.4M)
Net Borrowings(1.4B)2.7B8.9B654M752.1M714.5M
Change To Netincome(385M)(112M)781M(179M)(205.9M)(216.1M)

Thermo Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Thermo Fisher's current stock value. Our valuation model uses many indicators to compare Thermo Fisher value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Thermo Fisher competition to find correlations between indicators driving Thermo Fisher's intrinsic value. More Info.
Thermo Fisher Scientific is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.36  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Thermo Fisher Scientific is roughly  2.77 . At this time, Thermo Fisher's Return On Equity is very stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Thermo Fisher's earnings, one of the primary drivers of an investment's value.

Thermo Fisher's Earnings Breakdown by Geography

Thermo Fisher Scientific Systematic Risk

Thermo Fisher's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Thermo Fisher volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty with a total number of output elements of fourty-one. The Beta measures systematic risk based on how returns on Thermo Fisher Scientific correlated with the market. If Beta is less than 0 Thermo Fisher generally moves in the opposite direction as compared to the market. If Thermo Fisher Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Thermo Fisher Scientific is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Thermo Fisher is generally in the same direction as the market. If Beta > 1 Thermo Fisher moves generally in the same direction as, but more than the movement of the benchmark.

Thermo Fisher Thematic Clasifications

Thermo Fisher Scientific is part of several thematic ideas from Measuring and Control Equipment to ESG Investing. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in Thermo Fisher Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Thermo Fisher's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Thermo Fisher growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(2.62)

At this time, Thermo Fisher's Price Earnings To Growth Ratio is very stable compared to the past year.

Thermo Fisher November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Thermo Fisher help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Thermo Fisher Scientific. We use our internally-developed statistical techniques to arrive at the intrinsic value of Thermo Fisher Scientific based on widely used predictive technical indicators. In general, we focus on analyzing Thermo Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Thermo Fisher's daily price indicators and compare them against related drivers.
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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population.
You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Is Life Sciences Tools & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? 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. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thermo Fisher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.04)
Dividend Share
1.52
Earnings Share
15.95
Revenue Per Share
110.627
Quarterly Revenue Growth
0.002
The market value of Thermo Fisher Scientific is measured differently than its book value, which is the value of Thermo that is recorded on the company's balance sheet. Investors also form their own opinion of Thermo Fisher's value that differs from its market value or its book value, called intrinsic value, which is Thermo Fisher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thermo Fisher's market value can be influenced by many factors that don't directly affect Thermo Fisher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic 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.