Thermo Fisher Scientific Inc (TMO)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 7,037,000 | 6,836,000 | 6,859,000 | 6,524,000 | 6,298,000 | 6,335,000 | 6,171,000 | 6,658,000 | 7,835,000 | 7,920,000 | 8,492,000 | 8,622,000 | 8,835,000 | 9,865,000 | 9,944,000 | 9,150,000 | 7,225,000 | 5,371,000 | 3,941,000 | 4,081,000 |
| 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 |
| Pretax margin | 16.41% | 16.13% | 16.20% | 15.35% | 14.70% | 14.59% | 14.18% | 15.20% | 17.44% | 17.93% | 19.83% | 20.97% | 22.53% | 25.26% | 26.00% | 25.49% | 22.43% | 18.85% | 15.01% | 15.91% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $7,037,000K ÷ $42,879,000K
= 16.41%
Thermo Fisher Scientific Inc's pretax margin has exhibited some fluctuation over the periods indicated in the data. The pretax margin measures the company's efficiency in generating profits before taxes from its operations.
From March 31, 2020, to December 31, 2021, Thermo Fisher Scientific Inc experienced a consistent upward trend in pretax margin, showing improved operational efficiency and profitability. The pretax margin reached its peak at 26.00% on June 30, 2021, indicating strong profitability during that period.
However, from March 31, 2022, to December 31, 2024, the pretax margin experienced a decline, although remaining at relatively healthy levels. The margin decreased from 20.97% on March 31, 2022, to 16.41% on December 31, 2024.
Overall, the pretax margin of Thermo Fisher Scientific Inc has shown both growth and slight contraction over the periods, reflecting variations in the company's operational efficiency and ability to control costs. Continued monitoring and analysis of this metric will be essential to assess the company's financial performance and profitability in the future.
Peer comparison
Dec 31, 2024