Abbott Laboratories (ABT) vs Thermo Fisher Scientific Inc. (TMO)
A side-by-side comparison of Abbott Laboratories and Thermo Fisher Scientific Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.
ABT
Abbott Laboratories
$101.96HealthcareDelayed quote: Sep 11, 2026, 3:59 PM EDT
TMO
Thermo Fisher Scientific Inc.
$609.82HealthcareDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — ABT vs TMO
growth of $100 · dividends reinvested · last 10yABT +212.0% (+12.1%/yr)TMO +314.9% (+15.3%/yr)TMO compounded faster over this window
ABT TMO
ABT vs TMO: by the numbers
- •TMO is the larger company ($226.62B vs $176.43B market cap).
- •TMO converts more revenue to profit (15.06% vs 11.65% net margin).
- •TMO grew revenue faster over the past five years (5.00% vs 2.98% CAGR).
- •ABT pays the higher dividend yield (2.40% vs 0.30%).
Metrics side by side
Valuation
| Metric | ABT | TMO |
|---|---|---|
| P/E ratio | 32.78 | 32.80 |
| Forward P/E | 18.48 | 24.29 |
| P/S ratio | 3.79 | 4.89 |
| P/B ratio | 3.45 | 4.30 |
| EV / EBITDA | 18.73 | 25.25 |
| FCF yield | 4.49% | 3.23% |
Profitability
| Metric | ABT | TMO |
|---|---|---|
| Gross margin | 56.80% | 40.37% |
| Operating margin | 17.03% | 17.69% |
| Net margin | 11.65% | 15.06% |
| ROE | 10.61% | 13.25% |
| ROIC | 6.07% | 7.44% |
Dividends
| Metric | ABT | TMO |
|---|---|---|
| Dividend yield | 2.40% | 0.30% |
| Payout ratio | 79.74% | 9.68% |
Growth (annualized)
| Metric | ABT | TMO |
|---|---|---|
| Revenue CAGR (5Y) | 2.98% | 5.00% |
| EPS CAGR (5Y) | 8.22% | 1.99% |
| FCF CAGR (5Y) | 0.18% | -1.83% |
| Total return CAGR (5Y) | -2.42% | 1.55% |
Frequently asked
- Which has the lower trailing P/E, ABT or TMO?
- ABT has the lower trailing P/E: ABT trades at 32.78 and TMO at 32.80. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, ABT or TMO?
- Over the past five years, TMO grew revenue faster — ABT at a 2.98% CAGR versus TMO at 5.00%.
- Does ABT or TMO pay a bigger dividend?
- ABT yields 2.40% and TMO yields 0.30% based on trailing dividends and the latest price.
- Is ABT or TMO more profitable?
- TMO runs the higher net margin — ABT at 11.65% versus TMO at 15.06%.
- How have ABT and TMO total returns compared?
- Over the past 10 years, ABT delivered 11.77% and TMO delivered 15.81% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Abbott Laboratories P/E ratioThermo Fisher Scientific P/E ratioAbbott Laboratories dividend yieldThermo Fisher Scientific dividend yieldAbbott Laboratories ROEThermo Fisher Scientific ROEAbbott Laboratories operating marginThermo Fisher Scientific operating marginAbbott Laboratories revenue growthThermo Fisher Scientific revenue growthAbbott Laboratories free cash flowThermo Fisher Scientific free cash flow
Abbott Laboratories & Thermo Fisher Scientific appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.