Abbott Laboratories (ABT) vs Thermo Fisher Scientific Inc. (TMO)

ABT leads on 12 of 17 compared metrics.

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 June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — ABT vs TMO

growth of $100 · last 30y
ABT +804.4%TMO +1154.9%TMO compounded faster
05001k2kStart $100200120062011201620212026$904$1,255
ABT TMO

ABT vs TMO: by the numbers

  • TMO is the larger company ($174.42B vs $153.59B market cap).
  • ABT trades at the lower earnings multiple (24.56 vs 25.80 P/E).
  • TMO converts more revenue to profit (15.18% vs 13.91% net margin).
  • TMO grew revenue faster over the past five years (6.68% vs 3.87% CAGR).
  • ABT pays the higher dividend yield (2.77% vs 0.28%).

Which is better, ABT or TMO?

Metric tally: ABT 12 · TMO 5

It depends on what you're optimizing for:

ValueABT(lower P/E)
GrowthTMO(faster 5Y revenue CAGR)
IncomeABT(higher dividend yield)
QualityABT(higher ROIC)

Valuation

MetricABTTMO
P/E ratio24.5625.80
Forward P/E14.5617.26
P/S ratio3.413.87
P/B ratio2.963.37
PEG ratio2.994.51
EV / EBITDA17.3019.26
FCF yield4.79%3.86%

Profitability

MetricABTTMO
Gross margin56.38%39.41%
Operating margin18.17%17.76%
Net margin13.91%15.18%
ROE12.06%13.21%
ROIC8.43%7.58%

Dividends

MetricABTTMO
Dividend yield2.77%0.28%
Payout ratio65.24%7.48%

Growth (annualized)

MetricABTTMO
Revenue CAGR (5Y)3.87%6.68%
EPS CAGR (5Y)8.22%1.99%
FCF CAGR (5Y)-0.61%-0.19%
Total return CAGR (5Y)-2.49%0.45%

Frequently asked

Which is better, ABT or TMO?
It depends on your goal. value: ABT (lower P/E); growth: TMO (faster 5Y revenue CAGR); income: ABT (higher dividend yield); quality: ABT (higher ROIC). Across all compared metrics, ABT leads 12 to 5.
Is ABT or TMO cheaper?
On trailing earnings, ABT is cheaper: ABT trades at a 24.56 P/E and TMO at 25.80.
Which has grown faster, ABT or TMO?
Over the past five years, TMO grew revenue faster — ABT at a 3.87% CAGR versus TMO at 6.68%.
Does ABT or TMO pay a bigger dividend?
ABT yields 2.77% and TMO yields 0.28% based on trailing dividends and the latest price.
Is ABT or TMO more profitable?
TMO runs the higher net margin — ABT at 13.91% versus TMO at 15.18%.
Which has been the better investment, ABT or TMO?
Over the past 10-year, TMO delivered the higher annualized total return — ABT at 10.72% versus TMO at 12.26%. Past performance doesn't predict future results.

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 June 13, 2026.