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Thermo Fisher Scientific Inc. (TMO)
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Thermo Fisher Scientific Inc. (TMO) Enterprise Value (EV): $248.87B

The enterprise value (EV) for Thermo Fisher Scientific Inc. (TMO) is $248.87B as of Wednesday, June 10, 2026.

TMO Enterprise Value (EV) Metrics

ENTERPRISE VALUE (EV)

$248.87B

TMO Competitors' Enterprise Value (EV)

NAMEMARKET CAPENTERPRISE VALUE (EV)
Thermo Fisher Scientific Inc. (TMO)$179.45B$248.87B
Amgen Inc. (AMGN)$183.75B$221.57B
Abbott Laboratories (ABT)$154.66B$225.43B
Gilead Sciences, Inc. (GILD)$151.21B$169.72B
Intuitive Surgical, Inc. (ISRG)$146.44B$199.07B
Pfizer Inc. (PFE)$146.36B$207.77B
Danaher Corporation (DHR)$130.25B$175.72B
CVS Health Corporation (CVS)$125.16B$185.63B
Bristol-Myers Squibb Company (BMY)$114.14B$147.02B
Vertex Pharmaceuticals Incorporated (VRTX)$110.77B$114.72B

Enterprise Value Calculation

Market Cap

$179.45B

+

Total Debt

$39.66B

Cash

$9.86B

=

Enterprise Value

$248.87B

EV-Based Valuation Multiples

Why use EV instead of Market Cap?

  • EV accounts for debt - an acquirer must pay or assume it
  • EV deducts cash - the acquirer effectively receives it
  • EV enables fair comparison of companies with different capital structures
  • EV-based ratios (EV/EBITDA, EV/Sales) are capital structure neutral

Thermo Fisher Scientific Inc. Enterprise Value (EV) Formula & Definition

Enterprise Value represents the total value of a company as if you were to acquire it completely - paying for equity while assuming debt and receiving cash.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Thermo Fisher Scientific Inc. Enterprise Value (EV) FAQ

What is the enterprise value (EV) for Thermo Fisher Scientific Inc. (TMO)?
The enterprise value (EV) for TMO stock is $248.87B.

About Thermo Fisher Scientific Inc.

Thermo Fisher Scientific Inc. is a global leader in scientific services, providing a comprehensive range of offerings that include life sciences solutions, advanced analytical instruments, specialized diagnostic products, and an extensive portfolio of laboratory supplies and biopharmaceutical services. The company's reach extends across North America, Europe, Asia-Pacific, and other international markets. Its Life Sciences Solutions division furnishes researchers with essential reagents, state-of-the-art instruments, and consumables vital for biological and medical exploration, the development and manufacturing of therapeutics and vaccines, and the detection of infections and various diseases. This segment encompasses bioscience, genetic science, and bioproduction technologies, serving a broad spectrum of clients in the pharmaceutical, biotechnology, agricultural, clinical, healthcare, academic, and governmental sectors. The Analytical Instruments segment delivers a variety of precision instruments, consumables, software, and support services to pharmaceutical, biotechnology, academic, governmental, environmental, and industrial research environments, as well as clinical laboratories. The Specialty Diagnostics segment offers an array of diagnostic tools, including liquid, ready-to-use, and lyophilized immunodiagnostic reagent kits, alongside calibrators, controls, protein detection assays, and accompanying instruments. This also features the creation and distribution of complete blood test systems to aid in the clinical diagnosis and monitoring of allergies, asthma, and autoimmune diseases. Furthermore, it provides dehydrated and prepared culture media, specimen collection and transport systems, related instrumentation and consumables, human leukocyte antigen (HLA) typing and testing crucial for the organ transplant sector, and other healthcare products. Lastly, the Laboratory Products and Biopharma Services segment supplies laboratory equipment, serves the research and safety markets through its channels, and offers extensive pharmaceutical services, encompassing clinical research support. The company's products and services are distributed through a dedicated direct sales team, customer service professionals, online commerce platforms, and a network of third-party distributors. Its recognized brands include Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon, and PPD. Thermo Fisher Scientific Inc. was established in 1956 and is headquartered in Waltham, Massachusetts.

Waltham, MA
125,000 employees
Healthcare / Medical - Diagnostics & Research
Sector
Healthcare
Industry
Medical - Diagnostics & Research
CEO
Marc N. Casper