Thermo Fisher Scientific
Thermo Fisher Scientific is a self-described “world leader in serving science.” The company, whose brands include Thermo Scientific, Applied Biosystems, and Patheon, among others, is a global provider of scientific instruments, software, and services for laboratories in a wide range of industries as well as in government and academia. With over 80,000 employees worldwide, Thermo Fisher Scientific was formed in the 2006 merger of Thermo Electron and Fisher Scientific. As early as March 2020, the FDA issued emergency use authorization (EUA) to Thermo Fisher for a COVID-19 diagnostic test. Since then, the FDA has granted EUAs for other Thermo Fisher COVID-19 diagnostics, including, in February 2021, a kit for detecting and differentiating among SARS-CoV-2, influenza A, and influenza B in nasal swabs.
Paul Yeung—Bloomberg via Getty Images
Company Information
As of 2/1/2023
Country
U.S.
Headquarters
Waltham, Mass.
Industry
Medical Products and Equipment
CEO
Marc N. Casper
Website
Company Type
Public
Ticker
TMO
Revenues ($M)
$44,915
Profits ($M)
$6,950
Market Value ($M)
$232,831
Employees
129,000
Figures are for fiscal year ended Dec. 31, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.
World's Most Admired Companies
Sector
Precision
Industry
Medical Products and Equipment
Current All-Star Rank
-
Previous All-Star Rank
-
Industry Rank
1
Previous Industry Rank
6
Overall Score
7.17
Innovation
2
People Management
2
Use of Corporate Assets
1
Social Responsibility
2
Quality of Management
1
Financial Soundness
3
Long-Term Investment Value
1
Quality of Products/Services
1
Global Competitiveness
2
Fastest-Growing Companies
Revenue 3 Yr Growth Rank
-
Revenue 3 Yr Annual Growth Rate
-
EPS 3 Yr Growth Rank
-
EPS 3 Yr Annual Growth Rate
-
Total Return 3 Yr Rank
-
Total Return 3 Yr Annual Rate (Through June 30, 2022)
-
Beat S&P 500 3 Yr Return (35.2%)
-
Current Streak
-
Years on List
-
Sector
Health Care
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
-
-
Profits ($M)
-
-
Assets ($M)
-
-
Total Stockholder Equity ($M)
-
-
Profit Ratios
Profit as % of Revenues
-
Profits as % of Assets
-
Profits as % of Stockholder Equity
-
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
-
EPS % Change (from 2020)
-
EPS % Change (5 year annual rate)
-
EPS % Change (10 year annual rate)
-
Total Return
Total Return to Investors (2021)
-
Total Return to Investors (5 year, annualized)
-
Total Return to Investors (10 year, annualized)
-
Lists ranking Thermo Fisher Scientific