TMO logo
Thermo Fisher Scientific Inc.
TMO
613.78 (-0.75%) 4.62
Market cap
$226.94(B)
Earnings date
Oct-21-2026
Category
Sector
Health Care
Industry
Life Sciences Tools and Services
Thermo Fisher Scientific Inc. provides life sciences solutions analytical instruments specialty diagnostics and laboratory products and biopharma services internationally. It operates through four segments: Life Sciences Solutions Analytical Instruments Specialty Diagnostics and Laboratory Products and Biopharma Services. The Life Sciences Solutions segment includes reagents instruments and consumables for biological and medical research; discovery and production of drugs and vaccines; and diagnosis of infections and diseases. Its Analytical Instruments segment provides instruments consumables software and services for pharmaceutical biotechnology academic government environmental and other research and industrial markets as well as clinical laboratories. The Specialty Diagnostics segment offers clinical diagnostics products such as liquid ready-to-use and lyophilized immunodiagnostic reagent kits calibrators controls protein detection assays and instruments; immunodiagnostic offerings comprising developing manufacturing and marketing of complete blood-test systems for the clinical diagnosis and monitoring of allergy asthma and autoimmune diseases; microbiology offerings such as dehydrated and prepared culture media collection and transport systems instrumentation and consumables to detect pathogens in blood diagnostic and rapid direct specimen tests quality-control products and associated products; transplant diagnostics products including human leukocyte antigen typing and testing for the organ transplant market; and healthcare market channel offerings. Its Laboratory Products and Biopharma Services segment provides laboratory products research and safety market channel and pharma services and clinical research. Thermo Fisher Scientific Inc. was founded in 1956 and is headquartered in Waltham Massachusetts.
EV: $271.53(B)
Total Equity: $52.81(B)
Debt/Equity: 0.81
Dividend/share: $1.8
Div. yield: 0.29%
P/E: 32.95
Forward P/E: 24.43
P/FCF: 31.01
P/S: 4.95
P/B: 4.31
EPS: $18.6
EPS (fwd): $25.1
FCF/share: $19.8
Revenue/share: $123.9
Book value/share: $142.5
ROIC: 7.7%
ROA: 6.5%
ROE: 13.1%
Margins: Gross | Op. | Net
41.0% | 18.4% | 15.0%
0.0%of Portfolio
My holdings
Day change
Total change

TMO Valuation & Price Targets

Favorite Valuation Methods

PEvaluation
Analyst targets
DCF (2-stage)

More Valuation Methods

DCF (simple)
DCF (exit mult.)
DDM
EPS growth
Revenue growth
Peter Lynch FV
Graham No.

PEvaluation

CURRENT PRICE
$614
35% Overvalued
BEAR
BASE
BULL
Fair P/E
Margin of safety
EPS
Market Model
ROICRevenue growthFCF MarginShares outstan...Debt/EquityDebt/EBITDA
Economic moat: Medium

EPS Estimates

LowAvgHigh#
FY+125.025.125.326
FY+226.527.529.127
FY+328.830.431.717
FY+433.134.235.05
FY+536.937.839.53

Analyst Price Targets

CURRENT PRICE
$614
5% Undervalued
BEAR
BASE
BULL

Analyst Recommendations

Strong Buy3
Buy19
Hold5
Sell0
Strong Sell1

2-stage DCF

First Stage Duration: 5 Years
Starting Free Cash Flow
First Stage Growth Rate
Low
Mid
High
Terminal Growth Rate
Low
Mid
High
Discount Rate

Discounted Cash Flow

Forecast years: 5 Years
Terminal Growth Rate
Low
Mid
High
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Discounted Cash Flow (exit mult.)

Forecast years: 5 Years
Exit FCF Multiple
Low
Mid
High
Discount Rate
Free cash flow estimates:
Y+1 est.
Y+2 est.
0.00%
Y+3 est.
0.00%
Y+4 est.
0.00%
Y+5 est.
0.00%

Dividend Discount Model

Annual Dividend
First Stage Length (Years): 0 Years
First Stage Growth Rate
Low
Mid
High
Final Growth Rate
Low
Mid
High
Discount Rate

EPS Growth

Forecast years: 5 Years
Starting EPS
EPS Growth Rate
Low
Mid
High
Final P/E
Low
Mid
High
Discount Rate

Revenue Growth Valuation

Forecast Years: 10 Years
Base Revenue
Revenue Growth Rate
Low
Mid
High
Final Net Margin
Low
Mid
High
Final P/E Ratio
Low
Mid
High
Discount Rate

Peter Lynch Fair Value

Earnings Per Share
Growth Rate
Low
Mid
High

Graham Formula

Earnings Per Share
EPS Growth (7-10 years)
Low
Mid
High
Government Bond Rate