Thermo Fisher Scientific (TMO) Interest Coverage Ratio: History & Chart

Thermo Fisher Scientific Inc. (TMO)TMOThermo Fisher Scientific Inc.

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

www.thermofisher.com

Healthcare / Medical - Diagnostics & Research

Sector: Healthcare
Industry: Medical - Diagnostics & Research
CEO: Marc N. Casper

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TMO Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

5.20x

INTEREST COVERAGE RATIO AVG TTM

5.42x

INTEREST COVERAGE RATIO AVG 3Y

5.19x

INTEREST COVERAGE RATIO AVG 5Y

6.69x

INTEREST COVERAGE RATIO AVG 10Y

6.20x

INTEREST COVERAGE RATIO AVG 15Y

5.82x

INTEREST COVERAGE RATIO AVG 20Y

N/A

CURRENT VS TTM AVG

-4.04%

CURRENT VS 3Y AVG

+0.23%

CURRENT VS 5Y AVG

-22.24%

CURRENT VS 10Y AVG

-16.08%

CURRENT VS 15Y AVG

-10.54%

CURRENT VS 20Y AVG

N/A

SECTOR MEDIAN · HEALTHCARE

6.77x

median of 73 covered companies

CURRENT VS SECTOR MEDIAN

-23.12%

vs the sector median at left

NAME	MARKET CAP	INTEREST COVERAGE RATIO	TTM	3Y	5Y
Thermo Fisher Scientific Inc. (TMO)	$213.42B	5.20x	5.42x	5.19x	6.69x
Novo Nordisk A/S (NVO)vs ›	$209.19B	30.34x	54.30x	123.94x	139.58x
Amgen Inc. (AMGN)vs ›	$207.87B	3.88x	3.09x	3.93x	4.89x
Abbott Laboratories (ABT)vs ›	$184.11B	23.60x	17.46x	17.67x	16.77x
Gilead Sciences, Inc. (GILD)vs ›	$161.66B	11.43x	6.56x	7.26x	7.18x
Pfizer Inc. (PFE)vs ›	$142.54B	5.78x	5.55x	10.96x	11.04x
Danaher Corporation (DHR)vs ›	$137.13B	19.38x	19.02x	23.18x	23.65x
Bristol-Myers Squibb Company (BMY)vs ›	$133.37B	8.41x	6.69x	7.04x	6.41x
CVS Health Corp. (CVS)vs ›	$133.25B	3.33x	3.10x	3.72x	4.16x
AstraZeneca PLC (AZN)vs ›	$131.47B	8.11x	7.03x	5.51x	4.49x

NAME

MARKET CAP

INTEREST COVERAGE RATIO

TTM

Thermo Fisher Scientific Inc. (TMO)

$213.42B

5.20x

5.42x

5.19x

6.69x

Novo Nordisk A/S (NVO)vs ›

$209.19B

30.34x

54.30x

123.94x

139.58x

Amgen Inc. (AMGN)vs ›

$207.87B

3.88x

3.09x

3.93x

4.89x

Abbott Laboratories (ABT)vs ›

$184.11B

23.60x

17.46x

17.67x

16.77x

Gilead Sciences, Inc. (GILD)vs ›

$161.66B

11.43x

6.56x

7.26x

7.18x

Pfizer Inc. (PFE)vs ›

$142.54B

5.78x

5.55x

10.96x

11.04x

Danaher Corporation (DHR)vs ›

$137.13B

19.38x

19.02x

23.18x

23.65x

Bristol-Myers Squibb Company (BMY)vs ›

$133.37B

8.41x

6.69x

7.04x

6.41x

CVS Health Corp. (CVS)vs ›

$133.25B

3.33x

3.10x

3.72x

4.16x

AstraZeneca PLC (AZN)vs ›

$131.47B

8.11x

7.03x

5.51x

4.49x

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Thermo Fisher Scientific Inc. (TMO)?

The interest coverage ratio for TMO stock is 5.20x.

Is Thermo Fisher Scientific Inc.'s interest coverage ratio high or low?

The interest coverage ratio of 5.20x is 39% below its 5-year average of 8.48x, near the low end of its 5-year range (4.18x–20.90x).

What is the TTM average interest coverage ratio for Thermo Fisher Scientific Inc. (TMO)?

The TTM average interest coverage ratio for TMO stock is 5.42x.

What is the 3Y average interest coverage ratio for Thermo Fisher Scientific Inc. (TMO)?

The 3Y average interest coverage ratio for TMO stock is 5.19x.

What is the 5Y average interest coverage ratio for Thermo Fisher Scientific Inc. (TMO)?

The 5Y average interest coverage ratio for TMO stock is 6.69x.

What is the 10Y average interest coverage ratio for Thermo Fisher Scientific Inc. (TMO)?

The 10Y average interest coverage ratio for TMO stock is 6.20x.

What is the 15Y average interest coverage ratio for Thermo Fisher Scientific Inc. (TMO)?

The 15Y average interest coverage ratio for TMO stock is 5.82x.

DATE	INTEREST COVERAGE RATIO
2026-06-27	5.20x
2026-03-28	5.26x
2025-12-31	6.31x
2025-09-27	5.60x
2025-06-28	4.75x
2025-03-29	6.07x
2024-12-31	5.91x
2024-09-28	4.52x
2024-06-29	4.18x
2024-03-30	4.74x
2023-12-31	4.48x
2023-09-30	5.02x
2023-07-01	5.46x
2023-04-01	5.68x
2022-12-31	7.38x
2022-10-01	10.16x
2022-07-02	13.11x
2022-04-02	20.90x
2021-12-31	16.64x
2021-10-02	18.34x
2021-07-03	18.45x
2021-04-03	24.60x
2020-12-31	21.48x
2020-09-26	16.60x
2020-06-27	10.56x
2020-03-28	7.53x
2019-12-31	8.94x
2019-09-28	6.02x
2019-06-29	5.83x
2019-03-30	5.01x
2018-12-31	6.90x
2018-09-29	5.44x
2018-06-30	5.65x
2018-03-31	5.18x
2017-12-31	6.08x
2017-09-30	4.90x
2017-07-01	5.81x
2017-04-01	5.24x
2016-12-31	6.45x
2016-10-01	6.13x
2016-07-02	5.37x
2016-04-02	4.88x
2015-12-31	6.70x
2015-09-26	5.60x
2015-06-27	5.79x
2015-03-28	4.50x
2014-12-31	5.50x
2014-09-27	5.48x
2014-06-28	2.70x
2014-03-29	7.43x
2013-12-31	6.59x
2013-09-28	6.10x
2013-06-29	5.83x
2013-03-30	6.01x
2012-12-31	6.05x
2012-09-29	5.84x
2012-06-30	6.41x
2012-03-31	6.15x
2011-12-31	5.80x
2011-10-01	6.36x
2011-07-02	6.83x
2011-04-02	11.56x
2010-12-31	17.50x
2010-10-02	16.68x
2010-07-03	13.11x
2010-04-03	13.14x
2009-12-31	11.14x
2009-09-26	9.43x
2009-06-27	8.75x
2009-03-31	6.29x
2008-09-27	7.21x

DATE

INTEREST COVERAGE RATIO

2026-06-27

5.20x

2026-03-28

5.26x

2025-12-31

6.31x

2025-09-27

5.60x

2025-06-28

4.75x

2025-03-29

6.07x

2024-12-31

5.91x

2024-09-28

4.52x

2024-06-29

4.18x

2024-03-30

4.74x

2023-12-31

4.48x

2023-09-30

5.02x

2023-07-01

5.46x

2023-04-01

5.68x

2022-12-31

7.38x

2022-10-01

10.16x

2022-07-02

13.11x

2022-04-02

20.90x

2021-12-31

16.64x

2021-10-02

18.34x

2021-07-03

18.45x

2021-04-03

24.60x

2020-12-31

21.48x

2020-09-26

16.60x

2020-06-27

10.56x

2020-03-28

7.53x

2019-12-31

8.94x

2019-09-28

6.02x

2019-06-29

5.83x

2019-03-30

5.01x

2018-12-31

6.90x

2018-09-29

5.44x

2018-06-30

5.65x

2018-03-31

5.18x

2017-12-31

6.08x

2017-09-30

4.90x

2017-07-01

5.81x

2017-04-01

5.24x

2016-12-31

6.45x

2016-10-01

6.13x

2016-07-02

5.37x

2016-04-02

4.88x

2015-12-31

6.70x

2015-09-26

5.60x

2015-06-27

5.79x

2015-03-28

4.50x

2014-12-31

5.50x

2014-09-27

5.48x

2014-06-28

2.70x

2014-03-29

7.43x

2013-12-31

6.59x

2013-09-28

6.10x

2013-06-29

5.83x

2013-03-30

6.01x

2012-12-31

6.05x

2012-09-29

5.84x

2012-06-30

6.41x

2012-03-31

6.15x

2011-12-31

5.80x

2011-10-01

6.36x

2011-07-02

6.83x

2011-04-02

11.56x

2010-12-31

17.50x

2010-10-02

16.68x

2010-07-03

13.11x

2010-04-03

13.14x

2009-12-31

11.14x

2009-09-26

9.43x

2009-06-27

8.75x

2009-03-31

6.29x

2008-09-27

7.21x

Interest Coverage Ratio: 5.20x

TMO Interest Coverage Ratio

TMO Average Interest Coverage Ratio Chart

TMO Current vs Average Interest Coverage Ratio Chart

TMO Interest Coverage Ratio Metrics

TMO Competitors' Interest Coverage Ratio

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Interest Coverage Ratio Formula & Definition

Interest Coverage Ratio FAQ

TMO Interest Coverage Ratio History

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