Thermo Historical Financial Ratios

TMO Stock

USD 529.63 7.97 1.53%

Thermo Fisher is promptly reporting on over 113 different financial statement accounts. To analyze all of these accounts together requires a lot of time and effort. However, using these accounts to derive some meaningful and actionable indicators such as Book Value Per Share of 127, Free Cash Flow Yield of 0.0188, Invested Capital of 0.0 or Operating Cash Flow Per Share of 22.87 will help investors to properly organize and evaluate Thermo Fisher Scientific financial condition quickly.

Quick Ratio Current Ratio

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.

About Thermo Financial Ratios Analysis

Thermo Fisher ScientificFinancial ratios are relationships based on a company's financial information. They can serve as useful tools to evaluate Thermo Fisher investment potential. Financial ratio analysis can also be defined as the process of presenting financial ratios, which are mathematical indicators calculated by comparing key financial information appearing on Thermo financial statements. Financial ratios are useful tools that help investors analyze and compare relationships between different pieces of financial information across Thermo Fisher history.

Thermo Fisher Financial Ratios Chart

At this time, Thermo Fisher's PB Ratio is very stable compared to the past year. As of the 30th of November 2024, EV To Sales is likely to grow to 5.68, while Free Cash Flow Yield is likely to drop 0.02.

Price To Sales Ratio Dividend Yield Ptb Ratio Days Sales Outstanding Pe Ratio

Add Fundamental

Price To Sales Ratio

Price to Sales Ratio is figured by comparing Thermo Fisher Scientific stock price to its revenues. An advantage to using Price to Sales ratio is that it is based on Thermo Fisher sales, a figure that is much harder to manipulate than other Thermo Fisher Scientific multiples. Because sales tend to be more stable P/S ratio can be a good tool for screening cyclical companies fluctuating earnings patterns. A valuation ratio that compares a company's stock price to its revenues, calculated by dividing the company's market cap by its total sales or revenue over a 12-month period.

Dividend Yield

Dividend Yield is Thermo Fisher Scientific dividend as a percentage of Thermo Fisher stock price. Thermo Fisher Scientific dividend yield is a measure of Thermo Fisher stock productivity, which can be interpreted as interest rate earned on an Thermo Fisher investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.

Ptb Ratio

Price-to-Book ratio, a financial valuation metric used to compare a company's current market price to its book value. It provides insight into the value that market participants place on the company's equity relative to its net asset value.

Most ratios from Thermo Fisher's fundamentals are interrelated and interconnected. However, analyzing fundamentals ratios one by one will only give a small insight into Thermo Fisher Scientific current financial condition. On the other hand, looking into the entire matrix of fundamentals ratios, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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.

	2021	2022	2023	2024 (projected)
Dividend Yield	0.001503	0.002108	0.002553	0.003579
Price To Sales Ratio	6.7	4.81	4.78	5.02

Dividend Yield Price To Sales Ratio

Thermo Fisher fundamentals Correlations

	Price To Sales Ratio	Dividend Yield	Ptb Ratio	Days Sales Outstanding	Book Value Per Share	Free Cash Flow Yield	Operating Cash Flow Per Share	Capex To Depreciation	Pb Ratio	Ev To Sales	Free Cash Flow Per Share	Roic	Inventory Turnover	Net Income Per Share	Days Of Inventory On Hand	Payables Turnover	Capex To Revenue	Cash Per Share	Pocfratio	Interest Coverage	Payout Ratio	Capex To Operating Cash Flow	Pfcf Ratio	Days Payables Outstanding	Income Quality	Roe
Price To Sales Ratio		-0.61	0.98	0.53	0.84	-0.76	0.9	0.15	0.98	0.99	0.9	0.73	-0.4	0.91	0.38	-0.75	0.68	0.65	0.84	0.62	-0.35	-0.08	0.86	0.78	-0.77	0.77
Dividend Yield	-0.61		-0.72	-0.87	-0.4	0.73	-0.55	-0.72	-0.72	-0.58	-0.52	-0.58	0.62	-0.56	-0.65	0.85	-0.73	-0.38	-0.62	-0.54	0.88	-0.62	-0.78	-0.84	0.44	-0.67
Ptb Ratio	0.98	-0.72		0.67	0.83	-0.79	0.93	0.34	1.0	0.96	0.91	0.76	-0.46	0.94	0.45	-0.82	0.8	0.69	0.81	0.7	-0.52	0.12	0.9	0.84	-0.77	0.82
Days Sales Outstanding	0.53	-0.87	0.67		0.53	-0.69	0.63	0.74	0.67	0.5	0.61	0.32	-0.61	0.63	0.62	-0.82	0.83	0.5	0.38	0.46	-0.83	0.64	0.73	0.78	-0.31	0.48
Book Value Per Share	0.84	-0.4	0.83	0.53		-0.65	0.96	-0.02	0.83	0.85	0.97	0.43	-0.21	0.93	0.16	-0.6	0.61	0.76	0.58	0.35	-0.21	-0.19	0.71	0.57	-0.61	0.53
Free Cash Flow Yield	-0.76	0.73	-0.79	-0.69	-0.65		-0.67	-0.33	-0.79	-0.75	-0.66	-0.36	0.56	-0.66	-0.53	0.71	-0.68	-0.56	-0.71	-0.32	0.41	-0.25	-0.93	-0.67	0.59	-0.42
Operating Cash Flow Per Share	0.9	-0.55	0.93	0.63	0.96	-0.67		0.18	0.93	0.89	1.0	0.62	-0.31	0.99	0.28	-0.71	0.75	0.79	0.64	0.58	-0.4	-0.03	0.77	0.7	-0.68	0.72
Capex To Depreciation	0.15	-0.72	0.34	0.74	-0.02	-0.33	0.18		0.34	0.09	0.12	0.34	-0.46	0.24	0.51	-0.5	0.71	0.18	0.14	0.63	-0.86	0.95	0.45	0.51	-0.22	0.44
Pb Ratio	0.98	-0.72	1.0	0.67	0.83	-0.79	0.93	0.34		0.96	0.91	0.76	-0.46	0.94	0.45	-0.82	0.8	0.69	0.81	0.7	-0.52	0.12	0.9	0.84	-0.77	0.82
Ev To Sales	0.99	-0.58	0.96	0.5	0.85	-0.75	0.89	0.09	0.96		0.89	0.7	-0.41	0.89	0.39	-0.73	0.65	0.59	0.84	0.57	-0.32	-0.13	0.84	0.76	-0.74	0.74
Free Cash Flow Per Share	0.9	-0.52	0.91	0.61	0.97	-0.66	1.0	0.12	0.91	0.89		0.58	-0.3	0.98	0.27	-0.7	0.7	0.8	0.62	0.52	-0.36	-0.09	0.74	0.68	-0.66	0.68
Roic	0.73	-0.58	0.76	0.32	0.43	-0.36	0.62	0.34	0.76	0.7	0.58		-0.12	0.67	0.15	-0.53	0.51	0.44	0.75	0.78	-0.52	0.12	0.57	0.61	-0.76	0.96
Inventory Turnover	-0.4	0.62	-0.46	-0.61	-0.21	0.56	-0.31	-0.46	-0.46	-0.41	-0.3	-0.12		-0.3	-0.99	0.75	-0.62	-0.12	-0.13	-0.37	0.56	-0.36	-0.48	-0.72	0.04	-0.19
Net Income Per Share	0.91	-0.56	0.94	0.63	0.93	-0.66	0.99	0.24	0.94	0.89	0.98	0.67	-0.3		0.27	-0.7	0.78	0.78	0.65	0.65	-0.43	0.03	0.78	0.71	-0.74	0.77
Days Of Inventory On Hand	0.38	-0.65	0.45	0.62	0.16	-0.53	0.28	0.51	0.45	0.39	0.27	0.15	-0.99	0.27		-0.75	0.61	0.09	0.14	0.4	-0.6	0.41	0.47	0.73	-0.01	0.22
Payables Turnover	-0.75	0.85	-0.82	-0.82	-0.6	0.71	-0.71	-0.5	-0.82	-0.73	-0.7	-0.53	0.75	-0.7	-0.75		-0.79	-0.49	-0.56	-0.57	0.72	-0.35	-0.78	-0.99	0.38	-0.62
Capex To Revenue	0.68	-0.73	0.8	0.83	0.61	-0.68	0.75	0.71	0.8	0.65	0.7	0.51	-0.62	0.78	0.61	-0.79		0.56	0.41	0.77	-0.74	0.55	0.79	0.79	-0.59	0.64
Cash Per Share	0.65	-0.38	0.69	0.5	0.76	-0.56	0.79	0.18	0.69	0.59	0.8	0.44	-0.12	0.78	0.09	-0.49	0.56		0.42	0.42	-0.23	0.0	0.57	0.46	-0.52	0.52
Pocfratio	0.84	-0.62	0.81	0.38	0.58	-0.71	0.64	0.14	0.81	0.84	0.62	0.75	-0.13	0.65	0.14	-0.56	0.41	0.42		0.45	-0.28	0.0	0.82	0.61	-0.74	0.73
Interest Coverage	0.62	-0.54	0.7	0.46	0.35	-0.32	0.58	0.63	0.7	0.57	0.52	0.78	-0.37	0.65	0.4	-0.57	0.77	0.42	0.45		-0.6	0.4	0.55	0.65	-0.61	0.85
Payout Ratio	-0.35	0.88	-0.52	-0.83	-0.21	0.41	-0.4	-0.86	-0.52	-0.32	-0.36	-0.52	0.56	-0.43	-0.6	0.72	-0.74	-0.23	-0.28	-0.6		-0.79	-0.53	-0.72	0.33	-0.61
Capex To Operating Cash Flow	-0.08	-0.62	0.12	0.64	-0.19	-0.25	-0.03	0.95	0.12	-0.13	-0.09	0.12	-0.36	0.03	0.41	-0.35	0.55	0.0	0.0	0.4	-0.79		0.32	0.34	-0.08	0.22
Pfcf Ratio	0.86	-0.78	0.9	0.73	0.71	-0.93	0.77	0.45	0.9	0.84	0.74	0.57	-0.48	0.78	0.47	-0.78	0.79	0.57	0.82	0.55	-0.53	0.32		0.78	-0.74	0.64
Days Payables Outstanding	0.78	-0.84	0.84	0.78	0.57	-0.67	0.7	0.51	0.84	0.76	0.68	0.61	-0.72	0.71	0.73	-0.99	0.79	0.46	0.61	0.65	-0.72	0.34	0.78		-0.43	0.69
Income Quality	-0.77	0.44	-0.77	-0.31	-0.61	0.59	-0.68	-0.22	-0.77	-0.74	-0.66	-0.76	0.04	-0.74	-0.01	0.38	-0.59	-0.52	-0.74	-0.61	0.33	-0.08	-0.74	-0.43		-0.76
Roe	0.77	-0.67	0.82	0.48	0.53	-0.42	0.72	0.44	0.82	0.74	0.68	0.96	-0.19	0.77	0.22	-0.62	0.64	0.52	0.73	0.85	-0.61	0.22	0.64	0.69	-0.76

Click cells to compare fundamentals

Thermo Fisher Account Relationship Matchups

Thermo Fisher fundamentals Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Price To Sales Ratio	5.09	5.73	6.7	4.81	4.78	5.02
Dividend Yield	0.002286	0.001827	0.001503	0.002108	0.002553	0.003579
Ptb Ratio	3.26	4.38	5.35	6.44	4.91	4.6
Days Sales Outstanding	70.77	73.32	83.27	76.61	82.31	82.59
Book Value Per Share	74.19	87.16	104.0	112.62	121.35	127.42
Free Cash Flow Yield	0.0311	0.0369	0.0267	0.032	0.0338	0.0188
Operating Cash Flow Per Share	12.43	20.93	24.22	23.35	21.78	22.87
Stock Based Compensation To Revenue	0.007086	0.006084	0.005866	0.006835	0.006487	0.005094
Capex To Depreciation	0.33	0.41	0.63	0.97	0.66	0.43
Pb Ratio	3.26	4.38	5.35	6.44	4.91	4.6
Ev To Sales	5.69	6.08	7.48	5.38	5.41	5.68
Free Cash Flow Per Share	10.12	17.21	17.82	17.63	17.95	18.84
Roic	0.0732	0.088	0.12	0.0974	0.0802	0.042
Inventory Turnover	4.07	3.9	3.76	4.51	5.06	3.38
Net Income Per Share	9.24	16.1	19.61	17.73	15.53	16.31
Days Of Inventory On Hand	89.69	93.59	97.15	80.91	72.14	99.62
Payables Turnover	7.14	7.22	6.62	7.52	8.96	7.26
Research And Ddevelopement To Revenue	0.0393	0.0367	0.0359	0.0328	0.0312	0.0561
Capex To Revenue	0.0363	0.0458	0.0643	0.0499	0.0345	0.0559
Cash Per Share	6.0	26.07	11.36	21.74	20.92	21.97
Pocfratio	26.13	22.25	27.55	23.58	24.37	15.26
Interest Coverage	6.8	14.09	18.71	11.56	4.99	6.71
Payout Ratio	0.0804	0.0529	0.0511	0.0655	0.0872	0.1
Capex To Operating Cash Flow	0.13	0.17	0.19	0.18	0.26	0.25
Pfcf Ratio	32.11	27.07	37.45	31.24	29.58	31.06
Days Payables Outstanding	51.1	50.52	55.14	48.56	40.72	47.22
Income Quality	1.35	1.3	1.23	1.32	1.4	1.47
Roe	0.12	0.18	0.19	0.16	0.13	0.0729
Ev To Operating Cash Flow	29.22	23.63	30.73	26.42	27.57	24.64
Pe Ratio	35.16	28.93	34.03	31.06	34.18	35.88
Ev To Free Cash Flow	35.9	28.74	41.78	34.99	33.45	35.13
Earnings Yield	0.0284	0.0346	0.0294	0.0322	0.0293	0.0464
Intangibles To Total Assets	0.72	0.68	0.56	0.65	0.6	0.37
Net Debt To E B I T D A	2.38	1.12	2.34	2.17	2.4	1.73
Current Ratio	1.92	2.13	1.5	1.48	1.75	2.5
Tangible Book Value Per Share	(25.13)	(10.63)	(53.54)	(37.06)	(35.88)	(34.08)
Receivables Turnover	5.16	4.98	4.38	4.76	4.43	4.1
Graham Number	124.19	177.66	213.72	211.55	205.69	215.98
Shareholders Equity Per Share	74.19	87.14	103.54	112.19	121.08	127.13

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 together with Thermo Stock

0.73	A	Agilent Technologies Sell-off Trend	Pair Corr
0.92	ME	23Andme Holding Upward Rally	Pair Corr
0.81	VALN	Valneva SE ADR	Pair Corr

Moving against Thermo Stock

0.79	VCYT	Veracyte	Pair Corr
0.77	DRUG	Bright Minds Biosciences Trending	Pair Corr
0.7	VCEL	Vericel Corp Ord	Pair Corr
0.7	VERA	Vera Therapeutics	Pair Corr
0.66	VANI	Vivani Medical	Pair Corr

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 Correlation Correlation 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:

How To Invest In Thermo

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Is Thermo Stock a good investment?

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What is Thermo Fisher's Net Worth?

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You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

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

15.94

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.

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Price To Sales Ratio	Dividend Yield
Ptb Ratio	Days Sales Outstanding
Book Value Per Share	Free Cash Flow Yield
Invested Capital	Operating Cash Flow Per Share
Average Payables	Stock Based Compensation To Revenue
Capex To Depreciation	Pb Ratio
Ev To Sales	Free Cash Flow Per Share
Roic	Inventory Turnover
Net Income Per Share	Days Of Inventory On Hand
Payables Turnover	Sales General And Administrative To Revenue
Average Inventory	Research And Ddevelopement To Revenue
Capex To Revenue	Cash Per Share
Pocfratio	Interest Coverage
Payout Ratio	Capex To Operating Cash Flow
Pfcf Ratio	Days Payables Outstanding
Net Current Asset Value	Income Quality
Roe	Tangible Asset Value
Ev To Operating Cash Flow	Pe Ratio
Return On Tangible Assets	Ev To Free Cash Flow
Earnings Yield	Intangibles To Total Assets
Net Debt To E B I T D A	Current Ratio
Tangible Book Value Per Share	Receivables Turnover
Graham Number	Shareholders Equity Per Share
Debt To Equity	Capex Per Share
Graham Net Net	Average Receivables
Revenue Per Share	Interest Debt Per Share
Debt To Assets	Enterprise Value Over E B I T D A
Short Term Coverage Ratios	Price Earnings Ratio
Operating Cycle	Price Book Value Ratio
Price Earnings To Growth Ratio	Days Of Payables Outstanding
Dividend Payout Ratio	Price To Operating Cash Flows Ratio
Price To Free Cash Flows Ratio	Pretax Profit Margin
Ebt Per Ebit	Operating Profit Margin
Effective Tax Rate	Company Equity Multiplier
Long Term Debt To Capitalization	Total Debt To Capitalization
Return On Capital Employed	Debt Equity Ratio
Ebit Per Revenue	Quick Ratio
Dividend Paid And Capex Coverage Ratio	Net Income Per E B T
Cash Ratio	Cash Conversion Cycle
Operating Cash Flow Sales Ratio	Days Of Inventory Outstanding
Days Of Sales Outstanding	Free Cash Flow Operating Cash Flow Ratio
Cash Flow Coverage Ratios	Price To Book Ratio
Fixed Asset Turnover	Capital Expenditure Coverage Ratio
Price Cash Flow Ratio	Enterprise Value Multiple
Debt Ratio	Cash Flow To Debt Ratio
Price Sales Ratio	Return On Assets
Asset Turnover	Net Profit Margin
Gross Profit Margin	Price Fair Value
Return On Equity

Thermo Historical Financial Ratios

About Thermo Financial Ratios Analysis

Thermo Fisher Financial Ratios Chart

Price To Sales Ratio

Dividend Yield

Ptb Ratio

Thermo Fisher fundamentals Correlations

Thermo Fisher Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Thermo Fisher fundamentals Accounts

Pair Trading with Thermo Fisher

Moving together with Thermo Stock

Moving against Thermo Stock

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Pb Ratio	+ 1.0	Ptb Ratio
Free Cash Flow Per Share	+ 1.0	Operating Cash Flow Per Share
Ev To Sales	+ 0.99	Price To Sales Ratio
Net Income Per Share	+ 0.99	Operating Cash Flow Per Share
Ptb Ratio	+ 0.98	Price To Sales Ratio
Pb Ratio	+ 0.98	Price To Sales Ratio

Days Payables Outstanding	- 0.99	Payables Turnover
Days Of Inventory On Hand	- 0.99	Inventory Turnover
Pfcf Ratio	- 0.93	Free Cash Flow Yield
Days Sales Outstanding	- 0.87	Dividend Yield
Payout Ratio	- 0.86	Capex To Depreciation
Days Payables Outstanding	- 0.84	Dividend Yield