Thermo Fisher Scientific Inc (TMO)

Fixed asset turnover

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue US$ in thousands 44,556,000 42,879,000 42,857,000 44,915,000 39,211,000
Property, plant and equipment US$ in thousands 10,565,000 10,795,000 11,004,000 9,280,000 8,333,000
Fixed asset turnover 4.22 3.97 3.89 4.84 4.71

December 31, 2025 calculation

Fixed asset turnover = Revenue ÷ Property, plant and equipment
= $44,556,000K ÷ $10,565,000K
= 4.22


Peer comparison

Dec 31, 2025

Company name
Symbol
Fixed asset turnover
Thermo Fisher Scientific Inc
TMO
4.22
Agilent Technologies Inc
A
Danaher Corporation
DHR
4.44

See also:

Thermo Fisher Scientific Inc Net Fixed Asset Turnover