Thermo Fisher Scientific Inc. (TMO) quarterly balance sheet — complete assets, liabilities & equity history
Thermo Fisher Scientific Inc. (TMO) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 25.61B | 23.36B | 22.32B | 28.71B | 22.3B | 24.58B | 23.38B | 22.14B | 23.78B | 25.48B | 23.64B | 24.59B | 23.09B | 20B | 20.21B | 25.23B | 19.3B | 18.1B | 18.78B | 20.11B |
| Cash & Short-Term Investments | 6.06B | 4.06B | 3.26B | 10.11B | 3.55B | 6.39B | 5.95B | 5.58B | 6.64B | 8.83B | 7.26B | 8.08B | 6.15B | 3.13B | 3.48B | 8.52B | 2.92B | 1.89B | 2.75B | 4.48B |
| Cash Only | 5.46B | 4.06B | 3.25B | 9.85B | 1.98B | 4.58B | 4.13B | 4.02B | 4.64B | 7.08B | 5.51B | 8.08B | 6.15B | 3.13B | 3.48B | 8.52B | 2.92B | 1.89B | 2.75B | 4.48B |
| Short-Term Investments | 600M | 0 | 2M | 253M | 1.56B | 1.81B | 1.81B | 1.56B | 2B | 1.75B | 1.75B | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 9.63B | 9.45B | 10.89B | 10.57B | 10.53B | 10.04B | 9.82B | 9.63B | 9.8B | 9.43B | 9.35B | 9.66B | 9.84B | 9.49B | 9.3B | 9.43B | 8.92B | 8.89B | 8.95B | 8.95B |
| Days Sales Outstanding | 71.51 | 77.16 | 84.8 | 82.04 | 84.14 | 83.24 | 82.56 | 80.11 | 82.54 | 81.08 | 82.72 | 82.4 | 83.14 | 79.97 | 79.55 | 72.9 | 75.9 | 74.02 | 69.67 | 64.38 |
| Inventory | 5.64B | 5.63B | 5.5B | 5.42B | 5.75B | 5.56B | 5.22B | 4.98B | 5.43B | 5.2B | 5.13B | 5.09B | 5.4B | 5.66B | 5.66B | 5.63B | 5.72B | 5.67B | 5.48B | 5.05B |
| Days Inventory Outstanding | 73.84 | 71.78 | 72.76 | 73.65 | 78.66 | 76.11 | 73.36 | 70.61 | 77.31 | 75.85 | 75.06 | 69.61 | 80.61 | 80.25 | 78.77 | 70.85 | 81.54 | 79.48 | 76.5 | 77.63 |
| Other Current Assets | 4.29B | 4.22B | 2.68B | 2.61B | 2.47B | 2.6B | 2.39B | 1.95B | 1.91B | 2.02B | 1.9B | 1.76B | 1.7B | 1.72B | 1.77B | 1.64B | 1.74B | 1.65B | 1.59B | 1.64B |
| Total Non-Current Assets | 88.62B | 89.81B | 90.96B | 81.64B | 80.72B | 76.65B | 75.66B | 75.18B | 76.58B | 73.02B | 73.45B | 74.14B | 73.97B | 74.11B | 74.45B | 71.92B | 71.24B | 72.48B | 73.97B | 75.01B |
| Property, Plant & Equipment | 10.58B | 10.76B | 10.66B | 10.56B | 10.18B | 9.63B | 9.33B | 10.79B | 9.41B | 9.28B | 9.32B | 11B | 9.17B | 9.29B | 9.35B | 10.87B | 8.63B | 8.53B | 8.45B | 9.86B |
| Fixed Asset Turnover | 1.14x | 1.12x | 1.04x | 1.18x | 1.12x | 1.14x | 1.03x | 1.13x | 1.13x | 1.13x | 1.02x | 1.08x | 1.15x | 1.15x | 1.06x | 1.17x | 1.24x | 1.29x | 1.29x | 1.27x |
| Goodwill | 54.26B | 54.83B | 55.19B | 49.36B | 49.29B | 47.25B | 46.49B | 45.85B | 46.73B | 43.84B | 43.84B | 44.02B | 43.58B | 43.27B | 43.14B | 41.2B | 40.49B | 41.07B | 41.72B | 41.92B |
| Intangible Assets | 18.08B | 18.61B | 19.15B | 15.84B | 16.24B | 15.15B | 15.32B | 15.53B | 16.26B | 15.52B | 16.05B | 16.67B | 17.09B | 17.44B | 17.97B | 17.48B | 17.81B | 18.58B | 19.38B | 20.15B |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 560M | 106M | 492M | 233M | 59M | 94M | 13M | 57M | 155M | 146M | 99M | 50M | 73M |
| Other Non-Current Assets | 5.7B | 5.62B | 5.97B | 5.87B | 5.02B | 4.62B | 4.52B | 2.44B | 4.08B | 3.88B | 4.01B | 2.38B | 4.03B | 4.09B | 3.93B | 2.22B | 4.16B | 4.21B | 4.37B | 3B |
| Total Assets | 114.23B | 113.17B | 113.28B | 110.34B | 103.02B | 101.23B | 99.04B | 97.32B | 100.36B | 98.5B | 97.09B | 98.73B | 97.06B | 94.11B | 94.66B | 97.15B | 90.54B | 90.58B | 92.75B | 95.12B |
| Asset Turnover | 0.11x | 0.11x | 0.10x | 0.11x | 0.11x | 0.11x | 0.11x | 0.12x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.11x | 0.12x | 0.12x | 0.12x | 0.13x | 0.13x |
| Asset Growth % | 10.88% | 11.8% | 14.38% | 13.38% | 2.65% | 2.78% | 2% | -1.42% | 3.41% | 4.67% | 2.57% | 1.62% | 7.2% | 3.89% | 2.06% | 2.14% | 23.01% | 33.8% | 40.67% | 37.76% |
| Total Current Liabilities | 14.17B | 15.07B | 14.62B | 15.19B | 14.89B | 12.72B | 13.17B | 13.33B | 14.6B | 14.77B | 13.94B | 14.01B | 14.16B | 14.11B | 15.88B | 17.01B | 11.12B | 11B | 12.07B | 13.44B |
| Accounts Payable | 3.09B | 3.27B | 3.34B | 3.62B | 3.12B | 2.98B | 3.05B | 3.08B | 2.61B | 2.55B | 2.56B | 2.87B | 2.51B | 2.42B | 2.8B | 3.38B | 2.47B | 2.59B | 2.67B | 2.87B |
| Days Payables Outstanding | 41.63 | 42.67 | 46.41 | 44.45 | 42.45 | 42.56 | 44.06 | 38.57 | 37.48 | 37.46 | 39.85 | 35.7 | 35.94 | 37.01 | 43.08 | 36.51 | 36.2 | 37.44 | 40.19 | 40.29 |
| Short-Term Debt | 2.26B | 3.37B | 3.09B | 3.53B | 3.82B | 2.21B | 2.82B | 2.48B | 4.12B | 5.12B | 4.45B | 3.87B | 4.79B | 4.81B | 6.12B | 5.85B | 1.01B | 1.01B | 1.87B | 2.8B |
| Deferred Revenue (Current) | 2.94B | 2.92B | 2.93B | 2.71B | 2.85B | 2.81B | 2.87B | 2.85B | 2.66B | 2.59B | 2.63B | 2.69B | 2.55B | 2.59B | 2.66B | 2.6B | 2.57B | 2.72B | 2.87B | 2.65B |
| Other Current Liabilities | 3.81B | -2M | 0 | 0 | 0 | 1M | -1M | 2.94B | 3.39B | 3.02B | 2.98B | 2.98B | 2.85B | 2.98B | 3B | 3.08B | 3.21B | 2.96B | 3.03B | 2.68B |
| Current Ratio | 1.81x | 1.55x | 1.53x | 1.89x | 1.50x | 1.93x | 1.77x | 1.66x | 1.63x | 1.72x | 1.70x | 1.75x | 1.63x | 1.42x | 1.27x | 1.48x | 1.74x | 1.65x | 1.56x | 1.50x |
| Quick Ratio | 1.41x | 1.18x | 1.15x | 1.53x | 1.11x | 1.50x | 1.38x | 1.29x | 1.26x | 1.37x | 1.33x | 1.39x | 1.25x | 1.02x | 0.92x | 1.15x | 1.22x | 1.13x | 1.10x | 1.12x |
| Cash Conversion Cycle | 103.71 | 106.27 | 111.15 | 111.24 | 120.35 | 116.79 | 111.86 | 112.15 | 122.37 | 119.47 | 117.93 | 116.31 | 127.81 | 123.2 | 115.24 | 107.24 | 121.24 | 116.05 | 105.98 | 101.71 |
| Total Non-Current Liabilities | 45.3B | 45.3B | 46.6B | 41.62B | 36.98B | 37.91B | 36.38B | 34.32B | 36.66B | 36.19B | 37.53B | 37.87B | 37.44B | 36.08B | 36.34B | 36B | 35.69B | 37.11B | 39.55B | 40.71B |
| Long-Term Debt | 39.11B | 39.18B | 40.07B | 35.85B | 31.86B | 33.02B | 31.37B | 29.06B | 31.2B | 30.28B | 31.16B | 31.31B | 30.49B | 29.19B | 29.14B | 28.91B | 28.15B | 29.25B | 31.39B | 32.15B |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.24B | 0 | 0 | 0 | 1.24B | 0 | 0 | 0 | 1.31B | 0 | 0 | 0 | 1.39B |
| Deferred Tax Liabilities | 1.47B | 1.58B | 2.11B | 1.49B | 842M | 624M | 1.04B | 1.27B | 1.12B | 1.52B | 1.81B | 1.92B | 2.62B | 2.84B | 2.98B | 2.85B | 3.14B | 3.33B | 3.49B | 3.84B |
| Other Non-Current Liabilities | 4.71B | 4.54B | 4.42B | 4.27B | 4.28B | 4.27B | 3.97B | 1.61B | 2.92B | 2.94B | 3.14B | 1.9B | 2.98B | 2.94B | 3.06B | 1.75B | 3.2B | 3.3B | 3.37B | 2.1B |
| Total Liabilities | 59.47B | 60.49B | 61.22B | 56.81B | 51.87B | 50.63B | 49.56B | 47.65B | 51.27B | 50.96B | 51.47B | 51.88B | 51.59B | 50.19B | 52.23B | 53.01B | 46.81B | 48.11B | 51.62B | 54.15B |
| Total Debt | 41.37B | 42.55B | 43.16B | 39.38B | 35.68B | 35.23B | 34.19B | 32.77B | 35.31B | 35.41B | 35.61B | 36.42B | 35.28B | 34.01B | 35.26B | 36.07B | 29.16B | 30.26B | 33.26B | 36.34B |
| Net Debt | 35.91B | 38.48B | 39.91B | 29.53B | 33.7B | 30.65B | 30.05B | 28.77B | 30.67B | 28.32B | 30.1B | 28.34B | 29.12B | 30.86B | 31.76B | 27.54B | 26.23B | 28.36B | 30.48B | 31.85B |
| Debt / Equity | 0.76x | 0.81x | 0.83x | 0.74x | 0.70x | 0.70x | 0.69x | 0.66x | 0.72x | 0.74x | 0.78x | 0.78x | 0.78x | 0.77x | 0.83x | 0.82x | 0.67x | 0.71x | 0.81x | 0.89x |
| Debt / EBITDA | 16.51x | 14.65x | 16.61x | 13.00x | 13.04x | 13.54x | 13.43x | 10.89x | 13.30x | 13.90x | 13.93x | 12.87x | 12.48x | 12.90x | 13.76x | 12.73x | 11.24x | 10.90x | 8.99x | 10.81x |
| Net Debt / EBITDA | 14.33x | 13.25x | 15.35x | 9.75x | 12.32x | 11.78x | 11.81x | 9.56x | 11.55x | 11.11x | 11.78x | 10.01x | 10.30x | 11.71x | 12.39x | 9.72x | 10.11x | 10.21x | 8.23x | 9.47x |
| Interest Coverage | 6.01x | 5.20x | 5.31x | 6.82x | 6.26x | 5.23x | 6.35x | 6.06x | 5.11x | 5.19x | 5.37x | 4.92x | 5.49x | 5.39x | 5.54x | 7.61x | 10.25x | 13.95x | 19.68x | 12.57x |
| Total Equity | 54.77B | 52.69B | 52.06B | 53.54B | 51.15B | 50.6B | 49.48B | 49.67B | 49.1B | 47.53B | 45.62B | 46.84B | 45.46B | 43.91B | 42.43B | 44.15B | 43.73B | 42.47B | 41.13B | 40.98B |
| Equity Growth % | 7.06% | 4.12% | 5.21% | 7.78% | 4.19% | 6.45% | 8.46% | 6.04% | 8% | 8.24% | 7.52% | 6.1% | 3.97% | 3.4% | 3.17% | 7.74% | 12.96% | 15.24% | 17.32% | 18.72% |
| Book Value per Share | 147.62 | 142.01 | 139.57 | 142.01 | 135.33 | 133.87 | 130.57 | 129.69 | 127.86 | 124.11 | 118.81 | 120.73 | 117.18 | 113.18 | 109.36 | 112.34 | 110.70 | 107.79 | 104.13 | 102.96 |
| Total Shareholders' Equity | 54.76B | 52.68B | 51.93B | 53.41B | 51.02B | 50.51B | 49.39B | 49.58B | 48.99B | 47.43B | 45.52B | 46.73B | 45.33B | 43.75B | 42.26B | 43.98B | 43.55B | 42.29B | 40.96B | 40.79B |
| Common Stock | 447M | 446M | 445M | 445M | 445M | 444M | 444M | 444M | 444M | 443M | 443M | 442M | 442M | 441M | 441M | 441M | 440M | 440M | 440M | 439M |
| Retained Earnings | 63.74B | 62.19B | 60.63B | 59.16B | 57.35B | 55.9B | 54.45B | 53.1B | 51.42B | 49.94B | 48.54B | 47.36B | 45.87B | 44.29B | 43.06B | 41.91B | 40.45B | 39.07B | 37.53B | 35.43B |
| Treasury Stock | -26.41B | -26.37B | -25.36B | -22.31B | -22.31B | -21.27B | -21.27B | -19.23B | -18.23B | -18.19B | -18.19B | -15.13B | -15.12B | -15.08B | -15.08B | -12.02B | -11.01B | -10.96B | -10.96B | -8.92B |
| Accumulated OCI | -2.26B | -2.46B | -2.5B | -2.45B | -2.8B | -2.8B | -2.34B | -2.7B | -2.48B | -2.41B | -2.76B | -3.22B | -3.03B | -2.92B | -3.05B | -3.1B | -2.93B | -2.72B | -2.34B | -2.33B |
| Minority Interest | 6M | 7M | 128M | 129M | 136M | 91M | 95M | 87M | 107M | 103M | 107M | 107M | 136M | 163M | 176M | 170M | 178M | 178M | 175M | 184M |