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Thermo Fisher Scientific TMO

$670.67
+$5.37 (+0.81%)
Market open · Sep 24, 1:10 pm ET
After hours $665.30 0.00%
Open$661.08
Prev close$665.30
Day range$655.95 – $681.55
Volume960.7K
Market cap$247.98B
P/E (TTM)36.1
Dividend yield0.27%

Price chart

Daily bars for up to one year, weekly bars for the 5-year view. Averages are 50/200 trading days (10/40 weeks on the 5-year view).

TMO at a glance

Shares of Thermo Fisher Scientific are up 0.81% at $670.67. The company is worth $247.98B, number 59 out of 300 on our list.

Over the past 52 weeks it has traded between $434.50 and $681.55, so it sits 1.6% below the top of that range. Holders are ahead 43.7% over twelve months, and up 36.3% across the last three months.

On the chart it holds above both the 50-day ($598.47) and 200-day ($538.56) moving averages; RSI is 69, and the last 30 sessions moved at roughly 25% annualized volatility.

Revenue for the quarter ended Jun 2026 was $11.99B, up 10.5% from a year earlier, with $1.74B of net profit (a 15.0% margin).

Buyers are paying 36.1 times trailing earnings, 15% above its five-year average of 31.5. The median for its industry group is 20.9.

18 analysts follow the stock and the average call is "buy". The mean target, $639.88, sits 4.6% under where the stock trades.

This summary is put together from the numbers on the page and updates when they do. It describes the data; it is not a forecast or a recommendation.

Thermo Fisher Scientific: the business

Thermo Fisher Scientific supplies lab instruments, reagents and services to drug companies, hospitals and researchers.

What tends to move it. Biopharma spending and research funding drive orders, and acquisitions add growth.

Written by hand by the BeStock desk and revised when a business changes. See how we work. Spot something out of date? Tell us.

Performance

Price return over each window, from adjusted daily and weekly closes

1 day
+0.8%
1 week
+3.4%
1 month
+6.7%
3 months
+36.3%
6 months
+36.9%
Year to date
+16.0%
1 year
+43.7%
Day range
$655.95$681.55
52-week range
$434.50$681.55

Technical signals

Full technicals →
Trend readStrong uptrend

6 bullish · 0 bearish of 7 signals

IndicatorValueSignal
Price vs 20-day average+6.9%Bullish
Price vs 50-day average+12.1%Bullish
Price vs 200-day average+24.5%Bullish
50-day vs 200-day50d above 200dBullish
RSI (14)68.6Bullish
MACD (12,26,9)16.90Bullish
Bollinger band position100%Neutral

Standard indicator readings worked out from daily closes. They describe how the price has behaved, not where it is going.

Key statistics

Bid / Ask$670.24 / $670.65
Average price today$672.56
Volume960.7KAvg (90d) 2.16M
Turnover$646.11M
Turnover rate0.26%of shares outstanding
Volume ratio0.55vs. recent average pace
Day amplitude3.85%
Market cap$247.98B
Float market cap$247.36B
Shares outstanding368.82M
EPS (TTM)$17.74
P/E (TTM)36.10
P/B4.71
Book value / share$142.47
Earnings yield0.13%
Dividend (TTM)$1.80 / shareYield 0.27%
Net profit (TTM)$6.56B
Net assets$52.68B
30-day volatility24.7%annualized
Avg daily range (ATR)2.21%of price, 14 days
Max drawdown (1y)-31.4%1.8% from 1y peak

Quote as of Sep 24, 2026 1:10 pm ET. Prices can lag the live tape. This is background information, not a recommendation.

How TMO ranks on BeStock

Market value#59 of 300
P/E (cheapest = 1)#202 of 283
Dividend yield#230 of 244
Closeness to 52-week high#9 of 300
Dollar volume today#55 of 300

Ranks are among the 300 or so U.S.-listed stocks BeStock covers, recalculated whenever prices refresh. A row is left out when the measure does not apply, such as yield for a stock that pays no dividend.

Latest reported quarter: Q2, ended Jun 2026

Revenue$11.99B+10.5% YoY
Operating profit$2.19B+14.0% YoY
Net profit$1.74B+7.6% YoY
Diluted EPS$4.68+9.3% YoY
Free cash flow$1.68B+51.6% YoY
Operating cash flow$2.13B

Revenue, last 8 quarters

$10.6BSep '24$11.4BDec '24$10.4BMar '25$10.9BJun '25$11.1BSep '25$12.2BDec '25$11.0BMar '26$12.0BJun '26

Net profit, last 8 quarters

$1.6BSep '24$1.8BDec '24$1.5BMar '25$1.6BJun '25$1.6BSep '25$2.0BDec '25$1.7BMar '26$1.7BJun '26

Profitability & balance sheet

Gross margin40.8%
Operating margin18.3%
Net margin15.0%
Return on equity13.5%
Return on assets6.5%
Return on invested capital8.2%
Current ratio1.55
Liabilities / assets53.3%
Cash & investments$4.06B
Total debt$42.55B
Net cash (debt)-$38.49B
Free cash flow / sales15.8%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Laboratory Products and Biopharma Services$6.69B 53.3%
  • Life Sciences Solutions$2.82B 22.4%
  • Analytical Instruments$1.85B 14.7%
  • Specialty Diagnostics$1.21B 9.6%
Average move on report day±4.0%last 16 reports
Closed higher8 of 1650% of the time
Best reaction+9.1%
Worst reaction-9.2%

Stock move on the day after each report

-1.7%2024/Q3+6.8%2024/Q4-0.7%2025/Q1+9.1%2025/Q2+1.7%2025/Q3-2.6%2025/Q4-9.2%2026/Q1+8.7%2026/Q2

"Implied move" is the size of move the options market was pricing ahead of the report. Move is the stock’s change on the first session after the release.

Valuation

Multiples measured against the stock's own five-year history

Valuation detail →
Price / earnings33.0x
CheapRich

Above its usual level · 63rd percentile, 5-year average 31.5x

#2187 of 2977 stocks by PE (1 = cheapest)

Price / book4.3x
CheapRich

Below its usual level · 36th percentile, 5-year average 4.6x

#4091 of 5303 stocks by PB (1 = cheapest)

Price / sales4.9x
CheapRich

Around its usual level · 53rd percentile, 5-year average 4.9x

#3811 of 5143 stocks by PS (1 = cheapest)

P/E over five years

22x28x34x39xSep '21Mar '24Sep '26

Dashed line is the 5-year average; the shaded band is one standard deviation either side.

Morningstar fair value estimate

Fair value$560.00
Price vs. fair value+19.8%Trading above the estimate
Star rating★★☆☆☆
Economic moatWide
UncertaintyMedium

Analyst view

All ratings →
ConsensusBuy
Analysts18
Average target$639.88-4.6% vs. price
  • Buy 83%
  • Hold 17%
Low $520.00Now $670.67Avg $639.88High $748.00

Latest rating actions

  • 8 Sep 2026UBSBUY · PT $730.00
  • 3 Sep 2026CLSABUY · PT $748.00
  • 5 Aug 2026StifelBUY · PT $650.00
  • 28 Jul 2026J.P. MorganBUY · PT $690.00
  • 27 Jul 2026Piper SandlerHOLD · PT $600.00

Ownership & positioning

Who holds it, who is betting against it, and where the big money is moving

Ownership detail →
Institutional ownership92.9%-0.17 pts vs. prior quarter
Institutions holding3,113-31 vs. prior quarter
Insider trades (recent)10 buys / 8 sellsNet buying
Short interest1.54% of floatDays to cover 3.4 · as of 31 Aug 2026
Short-sale volume share16.6%5-day average of daily volume

Short-sale volume as % of daily volume

6%13%19%26%Aug '26Sep '26Sep '26

Large-order net flow, last 20 sessions

Net of large-order buying minus selling, in USD. Over this window: −$35.40M (8 inflow days, 12 outflow days).

Dividends

Dividend yield (TTM)0.27%
Last dividend$0.47Ex-date 15 Sep 2026
Next-to-last$0.47
Payments on file40

Dividends paid per share, by year

0.6820180.7620190.8820201.0420211.2020221.4020231.5620241.722025

Across the full calendar years shown, the annual payout grew by roughly 14.2% a year.

Latest headlines

More news →
  • Wolfe Research Initiates Thermo Fisher Scientific(TMO.US) With Buy Rating, Announces Target Price $730Market news · 9 Sep 2026
  • CLSA: Global pharmaceutical supply chain enters a decade-long restructuring; top picks include platform leaders such as Thermo Fisher (TMO.US) and Wuxi Apptec (02359.HK)AASTOCKS · 3 Sep 2026
  • Thermo Fisher Scientific(TMO.US) Officer Sells US$17.25 Million in Common StockMarket news · 8 Aug 2026
  • Stifel Maintains Thermo Fisher Scientific(TMO.US) With Buy Rating, Raises Target Price to $650Market news · 5 Aug 2026
  • Thermo Fisher Scientific(TMO.US) Officer Sells US$12.56 Million in Common StockMarket news · 25 Aug 2026
  • Thermo Fisher Scientific(TMO.US) Officer Sells US$7.01 Million in Common StockMarket news · 21 Aug 2026

TMO stock: common questions

What is TMO's latest share price?

$670.67 is the latest print for TMO, a move of +0.81% against yesterday's close of $665.30. Today's low and high so far: $655.95 and $681.55.

How large is Thermo Fisher Scientific by market value?

Equity value comes to $247.98B at the current price. By that measure it is number 59 of the 300 names in our coverage.

What multiple of earnings does TMO sell for?

Buyers pay 36.1 times the last twelve months of profit (EPS $17.74). Averaged over five years the multiple has been 31.5, and today's level ranks in the 63rd percentile of its own history.

Where does TMO sit in its 52-week range?

The year's floor is $434.50 and the ceiling $681.55. Shares are 1.6% away from that ceiling.

Does TMO send cash back through a dividend?

It does. Payouts over the past twelve months work out to a 0.27% yield; the latest ex-dividend date was September 15, 2026.

What is the analyst view on Thermo Fisher Scientific?

Of 18 analysts, 83% say buy, 17% hold and 0% sell. Price targets average $639.88, with the most cautious at $520.00 and the most optimistic at $748.00.

What does Thermo Fisher Scientific do?

Thermo Fisher Scientific supplies lab instruments, reagents and services to drug companies, hospitals and researchers.

BeStock publishes market data and analysis for information only. Nothing here is investment advice or a solicitation to buy or sell any security. Quotes may be delayed and figures can contain errors; check primary sources before you trade. How we source and calculate these pages.

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