THERMO FISHER SCIENTIFIC INC.

TMO · CIK 0000097745

19 fiscal years · 74 SEC filings · every number carries its receipt

Revenue (FY)

$44.56B3.9%

FY2025

Net income (FY)

$6.70B5.8%

FY2025

Free cash flow (FY)

$6.29B13.4%

FY2025

Diluted EPS (FY)

$17.747.3%

FY2025

The story, charted

The shape of the business

FY2007–FY2025 · hover any year for its receipt

Revenue & net incomeRevenueNet income

revenue 4.6× since FY2007 · net margin 7.7% → 15.0%

MarginsNet marginFCF margin

FY2025: net 15.0% · free cash flow 14.1% of revenue

Cash engineOperating cash flowFree cash flow

FY2025: $7.82B operating cash − $1.52B capex = $6.29B free cash flow

Returns on capitalReturn on equityReturn on assets

return on equity 7% (FY2008) → 13% (FY2025) · on assets 6.1%

The receipts

Financial statements

Annual Quarterly (as reported)

USD in millions except per-share and share counts. Every value links to the filing it came from — hover for the us-gaap tag, click for the 10-K/10-Q on sec.gov.

USD millions	Q1 2026	Q3 2025	Q2 2025	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022	Q2 2022
Revenue	11,005	11,122	10,855	10,364	10,598	10,541	10,345	10,574	10,687	10,710	10,677	10,970
Net income	1,651	1,616	1,617	1,507	1,630	1,548	—	—	—	—	—	—
Diluted EPS	4.43	4.27	4.28	3.98	4.25	4.04	3.46	4.42	3.51	3.32	3.79	4.22
Diluted shares	373	378	378	379	384	383	384	388	388	388	395	394
Operating cash flow	1,192	—	—	723	—	—	1,251	—	—	729	—	—
Capital expenditures	376	—	—	362	—	—	347	—	—	458	—	—
Free cash flow	816	—	—	361	—	—	904	—	—	271	—	—
Cash & equivalents	3,254	1,982	4,576	4,134	4,645	7,073	5,499	6,151	3,133	3,482	2,919	1,888
Total assets	113,281	103,020	101,230	99,041	100,364	98,496	97,095	97,057	94,105	94,658	90,536	90,579
Shareholders' equity	51,934	51,018	50,512	49,390	48,992	47,432	45,516	45,328	43,752	42,257	43,549	42,293

Figures as reported in SEC filings, normalized by stonks with the tag mapping shown on hover; missing tags render as “—”, never as zero. Free cash flow is derived (operating cash flow − capex) with both parents recorded in its lineage. Quarterly view shows as-reported 10-Q periods; Q4 synthesis ships in Phase 1. See methodology.