Roche Holding AG (RHHBY) vs Thermo Fisher Scientific Inc. (TMO)
A side-by-side comparison of Roche Holding AG and Thermo Fisher Scientific Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 28, 2026. Differences are shown without an overall score or investment verdict.
RHHBY
Roche Holding AG
$56.39HealthcareDelayed quote: Aug 27, 2026, 4:00 PM EDT
TMO
Thermo Fisher Scientific Inc.
$630.70HealthcareDelayed quote: Aug 27, 2026, 4:00 PM EDT
Total return — RHHBY vs TMO
growth of $100 · dividends reinvested · last 10yRHHBY +153.2% (+9.7%/yr)TMO +329.0% (+15.7%/yr)TMO compounded faster over this window
RHHBY TMO
RHHBY vs TMO: by the numbers
- •RHHBY is the larger company ($359.46B vs $234.38B market cap).
- •RHHBY trades at the lower trailing earnings multiple (16.15 vs 33.93 P/E), one valuation lens rather than an overall verdict.
- •RHHBY converts more revenue to profit (20.33% vs 15.06% net margin).
- •TMO grew revenue faster over the past five years (5.00% vs 3.94% CAGR).
- •RHHBY pays the higher dividend yield (2.75% vs 0.29%).
Metrics side by side
Valuation
| Metric | RHHBY | TMO |
|---|---|---|
| P/E ratio | 16.15 | 33.93 |
| Forward P/E | 22.83 | 25.12 |
| P/S ratio | 4.53 | 5.05 |
| P/B ratio | 9.06 | 4.44 |
| EV / EBITDA | 14.21 | 25.95 |
| FCF yield | 4.69% | 3.13% |
Profitability
| Metric | RHHBY | TMO |
|---|---|---|
| Gross margin | 73.73% | 40.37% |
| Operating margin | 29.16% | 17.69% |
| Net margin | 20.33% | 15.06% |
| ROE | 38.06% | 13.25% |
| ROIC | 19.71% | 7.44% |
Dividends
| Metric | RHHBY | TMO |
|---|---|---|
| Dividend yield | 2.75% | 0.29% |
| Payout ratio | 60.81% | 10.13% |
Growth (annualized)
| Metric | RHHBY | TMO |
|---|---|---|
| Revenue CAGR (5Y) | 3.94% | 5.00% |
| EPS CAGR (5Y) | 1.54% | 1.99% |
| FCF CAGR (5Y) | 5.54% | -1.83% |
| Total return CAGR (5Y) | 5.84% | 3.12% |
Frequently asked
- Which has the lower trailing P/E, RHHBY or TMO?
- RHHBY has the lower trailing P/E: RHHBY trades at 16.15 and TMO at 33.93. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, RHHBY or TMO?
- Over the past five years, TMO grew revenue faster — RHHBY at a 3.94% CAGR versus TMO at 5.00%.
- Does RHHBY or TMO pay a bigger dividend?
- RHHBY yields 2.75% and TMO yields 0.29% based on trailing dividends and the latest price.
- Is RHHBY or TMO more profitable?
- RHHBY runs the higher net margin — RHHBY at 20.33% versus TMO at 15.06%.
- How have RHHBY and TMO total returns compared?
- Over the past 10 years, RHHBY delivered 9.59% and TMO delivered 15.59% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Roche Holding AG P/E ratioThermo Fisher Scientific P/E ratioRoche Holding AG dividend yieldThermo Fisher Scientific dividend yieldRoche Holding AG ROEThermo Fisher Scientific ROERoche Holding AG operating marginThermo Fisher Scientific operating marginRoche Holding AG revenue growthThermo Fisher Scientific revenue growthRoche Holding AG free cash flowThermo Fisher Scientific free cash flow
Roche Holding AG & 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 August 28, 2026.