Thermo Fisher Scientific is an American provisioner of scientific instrumentation, reagents and consumables, and software and services to healthcare, life science, and other laboratories in academia, government, and industry (including in the biotechnology and pharmaceutical sectors). Based in Waltham, Massachusetts, Thermo Fisher was created in 2006 by the merger of Thermo Electron and Fisher Scientific, to form a company with US$ 9 billion in combined revenues.
NYSE · HEALTHCARE · Profile
Thermo Fisher Scientific Inc (TMO) stock profile and business model
What Thermo Fisher Scientific Inc does, how the business earns money, and how valuation, peers, ownership, and risk shape the TECHi profile.
Investor profile snapshot
TMO live price, business model and key metrics
Start with the live market print, then use this profile to connect Thermo Fisher Scientific Inc's operating model with revenue, margins, peer context, and investor risk.
$469.35
▼ -$6.31(-1.33%)3:39 PM ET - vs previous closeiQuote as of Jun 12, 2026, 3:39 PM EDT
Realtime NYSE quote as of Jun 12, 2026, 3:39 PM EDT.
Latest 1D sessionOpen, gap, volumeHide details
Market data feed
Long-term ranges5Y, 10Y, since IPOHide
Live price
$469.35
Quote context appears first on profile pages.
Market cap
$183.61B
Equity scale
Forward P/E
19.80
Consensus valuation multiple
Analyst view
Buy
Target $602.76 (+28.42% implied)
Company · Profile
About Thermo Fisher Scientific Inc (TMO)
Sector, leadership, and how Thermo Fisher Scientific Inc earns its revenue.
HEALTHCARE
Company · Profile
About Thermo Fisher Scientific Inc (TMO)
Sector, leadership, and how Thermo Fisher Scientific Inc earns its revenue.
Thermo Fisher Scientific Inc
NYSE · TMO · USA
- Sector
- HEALTHCARE
- Industry
- DIAGNOSTICS & RESEARCH
- Country
- USA
- Founded
- 1990
- Exchange
- NYSE
Business identity
Thermo Fisher Scientific Inc company facts and operating footprint
Thermo Fisher Scientific is an American provisioner of scientific instrumentation, reagents and consumables, and software and services to healthcare, life science, and other laboratories in academia, government, and industry (including in the biotechnology and pharmaceutical sectors). Based in Waltham, Massachusetts, Thermo Fisher was created in 2006 by the merger of Thermo Electron and Fisher Scientific, to form a company with US$ 9 billion in combined revenues.
- Sector
- HEALTHCARE
- Industry
- DIAGNOSTICS & RESEARCH
- Founded
- 1990
- Country
- USA
- Exchange
- NYSE
Registration and filing identifiersShowHide
- Asset type
- Common Stock
- Fiscal year end
- December
- Latest quarter
- Mar 31, 2026
- CIK
- 97745
Key metrics
TMO valuation, revenue and margin profile
- Market cap
- $183.61B
- Equity scale
- Revenue TTM
- $45.20B
- Trailing twelve months
- Forward P/E
- 19.80
- Consensus earnings multiple
- Net margin
- 15.10%
- Profit after expenses
- Revenue growth
- 6.20%
- Latest YoY quarter
- Free cash flow
- $816.00M
- Reported in USD
Margin quality snapshot
Competitors
TMO competitors and peer context
Risk heatmap
TMO business risks investors should monitor
Valuation sensitivity
Monitor19.80x
Use the forward P/E and PEG context before treating the profile as cheap or expensive.
Balance-sheet flexibility
MonitorD/E 0.83 · CR 1.53
Debt load and near-term liquidity shape how much strategic patience the company has.
Growth durability
Monitor6.20%
Latest YoY revenue growth is the first check on whether the business model is still expanding.
Market sensitivity
MonitorBeta 0.87
Higher beta can amplify drawdowns when rates, earnings expectations, or sector appetite shift.
Regulatory and operating pressure
ElevatedHEALTHCARE
Clinical, reimbursement, approval, and policy shifts can change revenue timing and product economics.
TMO ownership and registration profile
- Float shares
- 370.67M
- Insider ownership
- 15.20%
- Institutional ownership
- 94.31%
- Address
- 168 THIRD AVENUE, WALTHAM, MA, UNITED STATES, 02451
Size & scale
- Market cap
- $183.61B
- Enterprise value
- $223.50B
- Shares outstanding
- 371.62M
- Currency
- USD
Frequently asked
Common questions.
What does Thermo Fisher Scientific Inc do?
Thermo Fisher Scientific Inc's business profile, sector, industry, headquarters, founding year, employee count, leadership, and product portfolio are summarised on the TMO Profile page — sourced from issuer disclosures and the TECHi-curated company record.
Who is the CEO of Thermo Fisher Scientific Inc?
Current leadership is listed on the TMO Profile page with links to TECHi's Leaders pages where each named executive has a long-form profile, beat assignments, and connected products.
Where is Thermo Fisher Scientific Inc headquartered?
Thermo Fisher Scientific Inc's headquarters address, country, and employee count are displayed on the Profile page; deeper geographic revenue mix lives in the Financials tab.
What products does Thermo Fisher Scientific Inc ship?
The Profile page lists Thermo Fisher Scientific Inc's key products with deep links to TECHi's per-product pages (specs, pricing, market share, alternatives) under /products/.

