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Thermo Fisher Scientific TMO · USD

Health Care · Life Sciences Tools & Services · US listing · 🇺🇸 United States

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721.63

+3.87%

Close of 9 Nov 2026, in USD

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About Thermo Fisher Scientific

From its filings with the US Securities and Exchange Commission

SEC filings

Thermo Fisher Scientific is based in Waltham, Massachusetts and is incorporated in Delaware. Its shares trade on NYSE under the ticker TMO. It is a member of the S&P 500. The SEC classifies its business as measuring & controlling devices, nec. In the fiscal year to 31 December 2025, it reported revenue of $44.56bn and net income of $6.70bn. At that date it held total assets of $110.34bn and shareholders' equity of $53.41bn.

In its own words

Thermo Fisher Scientific Inc. (also referred to in this document as “Thermo Fisher,” “we,” the “company,” or the “registrant”) is the world leader in serving science. Our Mission is to enable our customers to make the world healthier, cleaner and safer. We serve customers working in pharmaceutical and biotech companies, hospitals and clinical diagnostic labs, universities, research institutions and government agencies, as well as environmental, industrial, research and development, quality and process control settings. Our global team delivers an unrivaled combination of innovative technologies, purchasing convenience and pharmaceutical services through our industry-leading brands, including Thermo Scientific, Applied Biosystems, Invitrogen, Fisher Scientific, Unity Lab Services, Patheon and PPD.

We continuously increase our depth of capabilities across our broad portfolio of innovative products and services and leverage our extensive global channels to address our customers’ needs. We do this through organic investments in research and development, capacity and capabilities and through acquisitions. Our goal is to enable our customers to be more productive in an increasingly competitive business environment, enable them to accelerate innovation, solve their challenges and advance their important work.

Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Life Sciences Tools & Services
Listed since
27 Aug 1980
Employees
125,000
Head office
168 THIRD AVENUE, WALTHAM, MA, 02451
Incorporated in
DE
Classification
Measuring & Controlling Devices, NEC
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. Marc CasperChairman of the Board, President, Chief Executive Officer, since 2001$30.4m
  • Mr. Stephen WilliamsonChief Financial Officer, Senior Vice President$11.1m
  • Mr. Michel LagardeChief Operating Officer, Executive Vice President$12.8m
  • Ms. Lisa BrittChief Human Resources Officer, Senior Vice President$2.9m
  • Mr. Frederick LoweryExecutive Vice President$8.5m
  • Mr. Gianluca PettitiExecutive Vice President, since 2021$11.3m
  • Mr. Michael ShaferExecutive Vice President
  • Mr. Michael BoxerSenior Vice President, General Counsel$3.1m
  • Mr. Joseph HolmesChief Accounting Officer, Vice President
  • Mr. Scott SperlingLead Independent Director$406,520
  • Dr. Tyler JacksDirector$345,836
  • Mr. Nelson ChaiIndependent Director$365,836

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
88
Environment
99
Social
99
Governance
65
Direct emissions (scope 1)
331,463 t
Energy emissions (scope 2)
427,904 t
Value chain emissions (scope 3)
11,320,351 t
Women in the workforce
48%
Carbon reduction policy
Yes
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Thermo Fisher Scientific Inc offers a diverse portfolio of products, including scientific instruments, consumables, reagents, software, and services. This extensive range allows them to cater to the needs of various industries and customers, providing a strong competitive advantage.
  • Thermo Fisher Scientific Inc has established a strong brand reputation in the scientific research and healthcare sectors. Their commitment to innovation, quality, and reliability has earned the trust of customers worldwide, boosting their market position and customer loyalty.
  • Thermo Fisher Scientific Inc operates globally and has a well-established distribution network. Their wide geographic presence allows them to reach customers worldwide efficiently and effectively, contributing to their market share dominance and revenue growth.

Weaknesses

  • Thermo Fisher Scientific Inc heavily relies on continuous research and development activities for new product development and improvement. Any disruption or failure in R&D efforts could impact their ability to innovate and maintain a competitive edge in the market.
  • Thermo Fisher Scientific Inc operates in highly regulated industries, such as healthcare and pharmaceuticals. Changes in government regulations and policies can significantly impact their operations, requiring compliance adjustments that may incur additional costs or restrict market access.

Opportunities

  • The advancement of precision medicine presents an opportunity for Thermo Fisher Scientific Inc as it aligns with their expertise in genomics, proteomics, and other precision research areas. The increasing demand for personalized healthcare solutions can drive the adoption of their products and services.
  • Thermo Fisher Scientific Inc can capitalize on the rapid growth of emerging markets, such as Asia-Pacific and Latin America. By expanding their presence in these regions and adapting to local market needs, they can tap into new customer segments and boost their revenue streams.

Threats

  • Thermo Fisher Scientific Inc faces fierce competition from other global players and niche market entrants. The competitive landscape poses a threat to their market share, pricing power, and customer acquisition, necessitating consistent innovation, marketing, and strategic efforts to maintain their competitive position.
  • Fluctuations in the global economy, currency exchange rates, and geopolitical events can impact Thermo Fisher Scientific Inc's financial performance. Economic uncertainties, recessions, or downturns may reduce customer spending on scientific research and healthcare, affecting their sales and profitability.

Sources and methodology

Data on this tab
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