Thermo Fisher Scientific Inc (TMO)
Financial leverage ratio
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 110,343,000 | 97,321,000 | 98,726,000 | 97,154,000 | 95,123,000 |
| Total stockholders’ equity | US$ in thousands | 53,415,000 | 49,584,000 | 46,735,000 | 43,978,000 | 40,793,000 |
| Financial leverage ratio | 2.07 | 1.96 | 2.11 | 2.21 | 2.33 |
December 31, 2025 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $110,343,000K ÷ $53,415,000K
= 2.07
Peer comparison
Dec 31, 2025
Company name
Symbol
Financial leverage ratio
Thermo Fisher Scientific Inc
TMO
2.07
Agilent Technologies Inc
A
1.89
Danaher Corporation
DHR
1.59