TMO
Thermo Fisher ScientificPrevious close
697.00
Change
−12.18 / −1.72%
P/E (TTM) ?
36.4
Market Cap
$258B
1M
+3.25%
S&P 500 −0.91% over same period
Volume / Avg Volume
2.1M / 2.5M
0.84× average
Latest earnings analysisFY2026 Q2Reported 2026-07-23
Thermo Fisher Q2 2026: revenue up 10.0%, adjusted EPS $6.03 beats consensus
The quarter beat: revenue of $11.99 billion rose 10.0% and adjusted EPS of $6.03 topped the $5.77 consensus estimate shown here. The caveats are that only half of the growth was organic, the GAAP-to-adjusted EPS gap is $1.35 a share, and management has not yet put updated 2026 guidance in the release. Read the numbers below with amortization and acquisition spending in mind.
Read the full analysis →Revenue$11.99BYoY +10.50%
EPS (non-GAAP)$6.03Beatest. $5.77
Next-day move−0.71%
Recent Earnings
Click to read the FinDog analysis| Period | Reported | Revenue | Analysis |
|---|---|---|---|
| FY2026 Q2 Quarter ended 2026-06 | 2026-07-23 | $12.0B | Read analysis → |
| FY2026 Q1 Quarter ended 2026-03 | 2026-04-23 | $11.0B | Pending |
| FY2025 Q4 Quarter ended 2025-12 | 2026-01-29 | $44.6B | Pending |
| FY2025 Q3 Quarter ended 2025-09 | 2025-10-22 | $11.1B | Pending |
| FY2025 Q2 Quarter ended 2025-06 | 2025-07-23 | $10.9B | Pending |
| FY2025 Q1 Quarter ended 2025-03 | 2025-04-23 | $10.4B | Pending |
Decision Panel
Trends · Valuation · Earnings reaction · Guidance credibility — all from company filings and market dataValuation
P/E is at percentile 78 of its 5-year rangeExpensive
5-year range 24.6 – 38.1 · Median 33.1
Last 4 quarters: $4.0B in buybacks + $673M in dividends, 1.82% of market cap combined
P/E (TTM)
36.4
P/B
4.7
P/S
5.4
Dividend Yield
0.29%
Earnings Reaction
Over the last 6 reports, the stock moved ±1.2% on average on the first trading day after, rising 3 times
Most recent −0.71%
Volatility & Correlation
1-year beta 0.18 · Correlation with S&P 500 0.07Low beta
Annualized volatility 30% vs. 12% for the S&P 500
Insider Trading
View all →Last 90 days · Open-market buys and sells by officers and directors · Amounts in USD millions
Buy 0 · $0.00MSell 8 · $40.3MNet selling $40.3M
- 10-28Britt Lisa P.Sr. VP and Chief HR OfficerSell$2.0M2,831 shares · Avg price 706.45
- 08-31Pettiti GianlucaPresident & COOSell$2.5M4,133 shares · 2 trades · Avg price 614.38
- 08-24CASPER MARC NChairman & CEOSell$0.17M275 shares · 4 trades · Avg price 627.05
- 08-21CASPER MARC NChairman & CEOSell$6.3M10,000 shares · 5 trades · Avg price 626.92
- 08-20CASPER MARC NChairman & CEOSell$6.3M10,000 shares · 9 trades · Avg price 629.27
- 08-19Britt Lisa P.Sr. VP and Chief HR OfficerSell$7.0M11,440 shares · Avg price 613.12
- 08-11Shafer Michael DExecutive Vice PresidentSell$15.3M25,500 shares · 2 trades · Avg price 600.00
- 08-07CASPER MARC NChairman & CEOSell$0.67M1,134 shares · 3 trades · Avg price 590.46
Multi-Quarter Financial Trends
View all quarters →Last 12 quarters · As reported by the company
| Quarter | Revenue ($B) | YoY | Gross Margin | Net Income ($B) | EPS |
|---|---|---|---|---|---|
| FY2026 Q3 | 12.14 | +9.1% | — | 1.72 | 4.64 |
| FY2026 Q2 | 11.99 | +10.5% | — | 1.74 | 4.68 |
| FY2026 Q1 | 11.01 | +6.2% | — | 1.65 | 4.43 |
| FY2025 Q4 | 12.22 | +7.2% | — | 1.98 | 5.21 |
| FY2025 Q3 | 11.12 | +4.9% | — | 1.62 | 4.27 |
| FY2025 Q2 | 10.86 | +3.0% | — | 1.62 | 4.28 |
| FY2025 Q1 | 10.36 | +0.2% | — | 1.51 | 3.98 |
| FY2024 Q4 | 11.40 | +4.7% | — | 3.16 | 4.78 |
| FY2024 Q3 | 10.60 | +0.2% | — | 1.63 | 4.25 |
| FY2024 Q2 | 10.54 | −1.4% | — | 1.55 | 4.04 |
| FY2024 Q1 | 10.35 | −3.4% | — | — | 3.46 |
| FY2023 Q4 | 10.89 | −4.9% | — | 5.96 | 4.20 |
| Ticker | P/E | Revenue YoY | Gross Margin | 1M | View |
|---|---|---|---|---|---|
| TMO | 36.4 | +9.1% | — | +3.25% | Neutral |
| LLY | 50.2 | +38.6% | 83.9% | +22.51% | Bullish |
| JNJ | 41.3 | +5.9% | 68.1% | +3.20% | Bullish |
| ABBV | 81.4 | +10.2% | 74.7% | +12.73% | Bullish |
| UNH | 23.0 | +0.4% | 88.1% | +10.87% | Bullish |
| MRK | 117.2 | +5.1% | 73.5% | +2.90% | Neutral |
| AMGN | 28.5 | +9.5% | 72.0% | +10.56% | Bullish |
| GILD | — | +6.8% | 81.1% | +14.51% | Neutral |
| ABT | 39.1 | +7.8% | 56.2% | +7.46% | Neutral |