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).
ABT
Abbott Laboratories
$88.18Healthcare
TMO
Thermo Fisher Scientific Inc.
$469.34Healthcare
Total return — ABT vs TMO
growth of $100 · last 30yABT +804.4%TMO +1154.9%TMO compounded faster
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 5It depends on what you're optimizing for:
ValueABT(lower P/E)
GrowthTMO(faster 5Y revenue CAGR)
IncomeABT(higher dividend yield)
QualityABT(higher ROIC)
Valuation
| Metric | ABT | TMO |
|---|---|---|
| P/E ratio | 24.56● | 25.80 |
| Forward P/E | 14.56● | 17.26 |
| P/S ratio | 3.41● | 3.87 |
| P/B ratio | 2.96● | 3.37 |
| PEG ratio | 2.99● | 4.51 |
| EV / EBITDA | 17.30● | 19.26 |
| FCF yield | 4.79%● | 3.86% |
Profitability
| Metric | ABT | TMO |
|---|---|---|
| Gross margin | 56.38%● | 39.41% |
| Operating margin | 18.17%● | 17.76% |
| Net margin | 13.91% | 15.18%● |
| ROE | 12.06% | 13.21%● |
| ROIC | 8.43%● | 7.58% |
Dividends
| Metric | ABT | TMO |
|---|---|---|
| Dividend yield | 2.77%● | 0.28% |
| Payout ratio | 65.24% | 7.48% |
Growth (annualized)
| Metric | ABT | TMO |
|---|---|---|
| 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.
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 June 13, 2026.