Thermo Fisher Scientific Inc (TMO)
Total 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 |
| Total assets | US$ in thousands | 110,343,000 | 97,321,000 | 98,726,000 | 97,154,000 | 95,123,000 |
| Total asset turnover | 0.40 | 0.44 | 0.43 | 0.46 | 0.41 |
December 31, 2025 calculation
Total asset turnover = Revenue ÷ Total assets
= $44,556,000K ÷ $110,343,000K
= 0.40
Peer comparison
Dec 31, 2025
Company name
Symbol
Total asset turnover
Thermo Fisher Scientific Inc
TMO
0.40
Agilent Technologies Inc
A
0.55
Danaher Corporation
DHR
0.29