Thermo Fisher Scientific Inc (TMO)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 41.49% | 41.03% | 41.29% | 41.20% | 40.98% | 41.00% | 40.90% | 41.48% | 43.42% | 45.66% | 47.95% | 49.82% | 51.60% | 52.53% | 52.75% | 52.90% | 51.23% | 49.06% | 47.29% | 45.76% |
| Operating profit margin | 17.10% | 16.92% | 16.99% | 16.51% | 16.00% | 15.81% | 15.42% | 16.29% | 18.69% | 20.54% | 22.51% | 23.83% | 25.57% | 27.04% | 28.00% | 27.68% | 24.19% | 20.90% | 17.05% | 17.86% |
| 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% |
| 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% |
Thermo Fisher Scientific Inc's profitability ratios have shown some fluctuations over the past few years.
- Gross profit margin has declined from 52.90% in March 2021 to 40.98% in December 2023, before recovering slightly to 41.49% in December 2024.
- Operating profit margin saw a steady increase from 17.86% in March 2020 to 28.00% in June 2021, but then declined to 17.10% in December 2024.
- Pretax margin followed a similar trend, increasing from 15.91% in March 2020 to 26.00% in June 2021, then decreasing to 16.41% in December 2024.
- Net profit margin also exhibited a pattern of growth up to June 2021 (22.47%) before declining to 14.78% in December 2024.
Overall, while the company's gross profit margin has shown some volatility, its operating, pretax, and net profit margins have displayed a general trend of improvement followed by a decline in recent periods. These fluctuations could indicate changing market conditions or internal factors impacting Thermo Fisher Scientific Inc's profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.53% | 7.14% | 7.31% | 7.23% | 6.95% | 7.07% | 7.13% | 7.54% | 8.64% | 10.02% | 10.64% | 10.57% | 10.54% | 14.35% | 15.82% | 15.07% | 11.29% | 9.30% | 7.27% | 7.80% |
| Return on assets (ROA) | 6.51% | 6.11% | 6.32% | 6.21% | 6.07% | 6.12% | 6.08% | 6.36% | 7.15% | 7.77% | 8.21% | 8.20% | 8.12% | 11.64% | 12.70% | 12.02% | 9.23% | 7.62% | 6.02% | 6.25% |
| Return on total capital | 16.82% | 16.55% | 16.64% | 16.46% | 16.03% | 16.53% | 16.62% | 17.68% | 19.50% | 21.35% | 23.38% | 24.73% | 25.46% | 27.69% | 29.39% | 28.56% | 22.81% | 19.03% | 15.43% | 14.91% |
| Return on equity (ROE) | 12.79% | 12.52% | 13.12% | 13.26% | 12.83% | 13.11% | 13.08% | 14.26% | 15.80% | 16.15% | 17.59% | 18.56% | 18.94% | 22.13% | 23.32% | 22.60% | 18.47% | 15.33% | 12.41% | 12.85% |
Thermo Fisher Scientific Inc's profitability ratios have shown some fluctuations over the past few years.
1. Operating Return on Assets (Operating ROA) has ranged between approximately 6.95% to 15.82% over the period. It peaked in June 2021 but has since decreased, indicating that the company's operating income generated from its assets has varied.
2. Return on Assets (ROA) has fluctuated between around 6.07% to 12.70%. The highest point was in June 2021, but it has gradually decreased afterward. This ratio reflects the company's overall efficiency in generating profits from its assets.
3. Return on Total Capital has ranged from about 16.03% to 29.39%. The metric peaked in June 2021 but has been on a downward trend since then. It represents the return the company is generating with its total capital employed, including both debt and equity.
4. Return on Equity (ROE) has fluctuated between approximately 12.79% to 23.32%. The metric peaked in June 2021 but has also gradually decreased since then. ROE measures how effectively the company is utilizing shareholders' equity to generate profit.
Overall, the profitability ratios of Thermo Fisher Scientific Inc show some variability, with peaks observed in mid-2021, followed by a slight decrease in subsequent periods. It is crucial for stakeholders to monitor these ratios to assess the company's efficiency and profitability over time.
See also:
Thermo Fisher Scientific Inc Profitability Ratios (Quarterly Data)