AstraZeneca PLC (AZN) vs Thermo Fisher Scientific Inc. (TMO)

A side-by-side comparison of AstraZeneca PLC and Thermo Fisher Scientific Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of July 28, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnAZN vs TMO

growth of $100 · dividends reinvested · last 30y
AZN +2029.9%TMO +1760.3%AZN compounded faster
05001k2k2k3kStart $100200120062011201620212026$2,130$1,860
AZN TMO

AZN vs TMO: by the numbers

  • TMO is the larger company ($214.21B vs $133.67B market cap).
  • AZN trades at the lower trailing earnings multiple (12.77 vs 30.10 P/E), one valuation lens rather than an overall verdict.
  • AZN converts more revenue to profit (17.19% vs 15.06% net margin).
  • AZN grew revenue faster over the past five years (16.99% vs 5.00% CAGR).
  • AZN pays the higher dividend yield (1.89% vs 0.32%).

Metrics side by side

Valuation

MetricAZNTMO
P/E ratio12.7730.10
Forward P/E16.5822.33
P/S ratio2.194.48
P/B ratio2.803.94
PEG ratio0.294.54
EV / EBITDA7.8923.44
FCF yield6.09%3.52%

Profitability

MetricAZNTMO
Gross margin81.68%40.37%
Operating margin23.69%17.69%
Net margin17.19%15.06%
ROE21.95%13.24%
ROIC13.03%7.58%

Dividends

MetricAZNTMO
Dividend yield1.89%0.32%
Payout ratio24.24%10.13%

Growth (annualized)

MetricAZNTMO
Revenue CAGR (5Y)16.99%5.00%
EPS CAGR (5Y)22.02%1.99%
FCF CAGR (5Y)15.68%-1.83%
Total return CAGR (5Y)10.56%1.36%

Frequently asked

Which has the lower trailing P/E, AZN or TMO?
AZN has the lower trailing P/E: AZN trades at 12.77 and TMO at 30.10. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AZN or TMO?
Over the past five years, AZN grew revenue faster — AZN at a 16.99% CAGR versus TMO at 5.00%.
Does AZN or TMO pay a bigger dividend?
AZN yields 1.89% and TMO yields 0.32% based on trailing dividends and the latest price.
Is AZN or TMO more profitable?
AZN runs the higher net margin — AZN at 17.19% versus TMO at 15.06%.
How have AZN and TMO total returns compared?
Over the past 10 years, AZN delivered 13.96% and TMO delivered 13.74% annualized total return. 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 July 28, 2026.