Thermo Fisher Scientific Inc. (TMO) Tax Rate: 7.53%
Is Thermo Fisher Scientific Inc.’s tax rate high or low?
Thermo Fisher Scientific Inc.'s tax rate of 7.53% is 18% below its 5-year average of 9.16%, around the middle of its 5-year range (4.55%–12.55%).
The tax rate for Thermo Fisher Scientific Inc. (TMO) is 7.53%. It is below its 12-month average by 10.99% (8.46%).
TMO Tax Rate Chart
TMO Average Tax Rate Chart
TMO Current vs Average Tax Rate Chart
TMO Tax Rate Metrics
TAX RATE
7.53%
TAX RATE AVG TTM
8.46%
TAX RATE AVG 3Y
7.66%
TAX RATE AVG 5Y
9.16%
TAX RATE AVG 10Y
7.27%
TAX RATE AVG 15Y
7.01%
TAX RATE AVG 20Y
9.38%
CURRENT VS TTM AVG
-10.99%
CURRENT VS 3Y AVG
-1.70%
CURRENT VS 5Y AVG
-17.78%
CURRENT VS 10Y AVG
+3.52%
CURRENT VS 15Y AVG
+7.46%
CURRENT VS 20Y AVG
-19.75%
Thermo Fisher Scientific Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Thermo Fisher Scientific Inc. Tax Rate FAQ
- What is the tax rate for Thermo Fisher Scientific Inc. (TMO)?
- The tax rate for TMO stock is 7.53%.
- Is Thermo Fisher Scientific Inc.'s tax rate high or low?
- Thermo Fisher Scientific Inc.'s tax rate of 7.53% is 18% below its 5-year average of 9.16%, around the middle of its 5-year range (4.55%–12.55%).
- What is the TTM average tax rate for Thermo Fisher Scientific Inc. (TMO)?
- The TTM average tax rate for TMO stock is 8.46%.
- What is the 3Y average tax rate for Thermo Fisher Scientific Inc. (TMO)?
- The 3Y average tax rate for TMO stock is 7.66%.
- What is the 5Y average tax rate for Thermo Fisher Scientific Inc. (TMO)?
- The 5Y average tax rate for TMO stock is 9.16%.
- What is the 10Y average tax rate for Thermo Fisher Scientific Inc. (TMO)?
- The 10Y average tax rate for TMO stock is 7.27%.
- What is the 15Y average tax rate for Thermo Fisher Scientific Inc. (TMO)?
- The 15Y average tax rate for TMO stock is 7.01%.
- What is the 20Y average tax rate for Thermo Fisher Scientific Inc. (TMO)?
- The 20Y average tax rate for TMO stock is 9.38%.
Thermo Fisher Scientific Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 7.53% |
| 2024-12-31 | 9.39% |
| 2023-12-31 | 4.55% |
| 2022-12-31 | 9.17% |
| 2021-12-31 | 12.55% |
| 2020-12-31 | 11.76% |
| 2019-12-31 | 9.19% |
| 2018-12-31 | 9.93% |
| 2017-12-31 | 8.28% |
| 2016-12-31 | -0.07% |
| 2015-12-31 | -2.27% |
| 2014-12-31 | 9.18% |
| 2013-12-31 | 3.06% |
| 2012-12-31 | 0.87% |
| 2011-12-31 | 9.66% |
| 2010-12-31 | 9.34% |
| 2009-12-31 | 8.18% |
| 2008-12-31 | 14.00% |
| 2007-12-31 | 11.54% |
| 2006-12-31 | 20.56% |
| 2005-12-31 | 30.64% |
| 2004-12-31 | 15.76% |
| 2003-12-31 | 21.01% |
| 2002-12-31 | 32.29% |
| 2001-12-31 | 35.19% |
| 2000-12-31 | 64.39% |
| 1999-12-31 | 178.92% |
| 1998-12-31 | 49.12% |
| 1997-12-31 | 42.20% |
| 1996-12-31 | 36.74% |
Related Metrics
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.
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- CEO
- Marc N. Casper