Thermo Fisher Scientific Inc (TMO)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	6,336,000	6,136,000	6,221,000	6,034,000	5,995,000	5,941,000	5,721,000	6,024,000	6,950,000	7,032,000	7,439,000	7,603,000	7,725,000	8,565,000	8,596,000	7,924,000	6,375,000	4,879,000	3,706,000	3,669,000
Revenue (ttm)	US$ in thousands	42,879,000	42,370,000	42,346,000	42,492,000	42,857,000	43,421,000	43,524,000	43,807,000	44,915,000	44,167,000	42,820,000	41,123,000	39,211,000	39,059,000	38,250,000	35,894,000	32,218,000	28,497,000	26,248,000	25,647,000
Net profit margin		14.78%	14.48%	14.69%	14.20%	13.99%	13.68%	13.14%	13.75%	15.47%	15.92%	17.37%	18.49%	19.70%	21.93%	22.47%	22.08%	19.79%	17.12%	14.12%	14.31%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,336,000K ÷ $42,879,000K
= 14.78%

Thermo Fisher Scientific Inc's net profit margin has shown fluctuations over the period provided. The net profit margin, which represents the percentage of revenue that translates into profit after all expenses have been deducted, started at 14.31% as of March 31, 2020, and experienced some volatility before reaching a peak of 22.47% on June 30, 2021.

Following this peak, the net profit margin declined gradually, reaching 13.68% as of September 30, 2023. However, there was a slight recovery thereafter, with the margin increasing to 14.78% by December 31, 2024. Despite the fluctuations observed, the company's net profit margin generally stayed within the range of 13-22% over the period, indicating an overall solid profitability performance.

It is essential for investors and stakeholders to monitor the net profit margin as it reflects the company's efficiency in managing costs and generating profit from its operations. Fluctuations in the net profit margin may be attributed to various factors such as changes in revenue, operating expenses, or one-time events impacting profitability.