Thermo Fisher Scientific Current Ratio Growth & History (TMO)
Thermo Fisher Scientific's current ratio was 1.89 for fiscal 2025.
View full Thermo Fisher Scientific company overviewThermo Fisher Scientific annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.89 | 0.23 | +13.82% |
| 2024 | 2024-12-31 | 1.66 | −0.09 | −5.38% |
| 2023 | 2023-12-31 | 1.75 | 0.27 | +18.32% |
| 2022 | 2022-12-31 | 1.48 | −0.01 | −0.92% |
| 2021 | 2021-12-31 | 1.50 | −0.63 | −29.75% |
| 2020 | 2020-12-31 | 2.13 | 0.21 | +11.03% |
| 2019 | 2019-12-31 | 1.92 | 0.19 | +11.03% |
| 2018 | 2018-12-31 | 1.73 | 0.39 | +29.31% |
| 2017 | 2017-12-31 | 1.34 | −0.11 | −7.36% |
| 2016 | 2016-12-31 | 1.44 | 0.06 | +4.20% |
| 2015 | 2015-12-31 | 1.38 | 0.16 | +13.27% |
| 2014 | 2014-12-31 | 1.22 | −1.94 | −61.33% |
| 2013 | 2013-12-31 | 3.16 | 0.85 | +36.85% |
| 2012 | 2012-12-31 | 2.31 | 0.76 | +49.12% |
| 2011 | 2011-12-31 | 1.55 | −0.87 | −35.95% |
| 2010 | 2010-12-31 | 2.42 | −0.35 | −12.50% |
| 2009 | 2009-12-31 | 2.76 | −0.06 | −2.05% |
| 2008 | 2008-12-31 | 2.82 | — | — |
Thermo Fisher Scientific quarterly current ratio
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-27 | 1.55 | −0.38 | −19.79% |
| Q1 2026 | 2026-03-28 | 1.53 | −0.25 | −13.99% |
| Q4 2025 | 2025-12-31 | 1.89 | 0.23 | +13.82% |
| Q3 2025 | 2025-09-27 | 1.50 | −0.13 | −8.06% |
| Q2 2025 | 2025-06-28 | 1.93 | 0.21 | +12.08% |
| Q1 2025 | 2025-03-29 | 1.77 | 0.08 | +4.62% |
| Q4 2024 | 2024-12-31 | 1.66 | −0.09 | −5.38% |
| Q3 2024 | 2024-09-28 | 1.63 | −0.00 | −0.13% |
| Q2 2024 | 2024-06-29 | 1.72 | 0.31 | +21.72% |
| Q1 2024 | 2024-03-30 | 1.70 | 0.42 | +33.32% |
| Q4 2023 | 2023-12-31 | 1.75 | 0.27 | +18.32% |
| Q3 2023 | 2023-09-30 | 1.63 | −0.10 | −6.04% |
| Q2 2023 | 2023-07-01 | 1.42 | −0.23 | −13.91% |
| Q1 2023 | 2023-04-01 | 1.27 | −0.28 | −18.21% |
| Q4 2022 | 2022-12-31 | 1.48 | −0.01 | −0.92% |
| Q3 2022 | 2022-10-01 | 1.74 | −1.45 | −45.57% |
| Q2 2022 | 2022-07-02 | 1.65 | −1.14 | −40.82% |
| Q1 2022 | 2022-04-02 | 1.56 | −0.97 | −38.47% |
| Q4 2021 | 2021-12-31 | 1.50 | −0.63 | −29.75% |
| Q3 2021 | 2021-10-02 | 3.19 | 0.26 | +8.92% |
| Q2 2021 | 2021-07-03 | 2.78 | 0.16 | +6.01% |
| Q1 2021 | 2021-04-03 | 2.53 | 0.21 | +9.16% |
| Q4 2020 | 2020-12-31 | 2.13 | 0.21 | +11.03% |
| Q3 2020 | 2020-09-26 | 2.93 | 1.13 | +62.73% |
| Q2 2020 | 2020-06-27 | 2.62 | 1.13 | +75.53% |
| Q1 2020 | 2020-03-28 | 2.32 | 0.63 | +37.44% |
| Q4 2019 | 2019-12-31 | 1.92 | 0.19 | +11.03% |
| Q3 2019 | 2019-09-28 | 1.80 | −0.04 | −2.28% |
| Q2 2019 | 2019-06-29 | 1.49 | −0.09 | −5.66% |
| Q1 2019 | 2019-03-30 | 1.69 | 0.33 | +24.29% |
| Q4 2018 | 2018-12-31 | 1.73 | 0.39 | +29.31% |
| Q3 2018 | 2018-09-29 | 1.84 | 0.58 | +46.37% |
| Q2 2018 | 2018-06-30 | 1.58 | 0.12 | +7.90% |
| Q1 2018 | 2018-03-31 | 1.36 | −0.01 | −0.81% |
| Q4 2017 | 2017-12-31 | 1.34 | −0.11 | −7.36% |
| Q3 2017 | 2017-09-30 | 1.26 | −0.30 | −19.36% |
| Q2 2017 | 2017-07-01 | 1.47 | 0.32 | +28.21% |
| Q1 2017 | 2017-04-01 | 1.37 | 0.33 | +32.16% |
| Q4 2016 | 2016-12-31 | 1.44 | 0.06 | +4.20% |
| Q3 2016 | 2016-10-01 | 1.56 | 0.51 | +48.45% |
| Q2 2016 | 2016-07-02 | 1.15 | 0.12 | +12.02% |
| Q1 2016 | 2016-04-02 | 1.03 | 0.13 | +14.81% |
| Q4 2015 | 2015-12-31 | 1.38 | 0.16 | +13.27% |
| Q3 2015 | 2015-09-26 | 1.05 | 0.13 | +14.30% |
| Q2 2015 | 2015-06-27 | 1.02 | 0.07 | +7.24% |
| Q1 2015 | 2015-03-28 | 0.90 | −0.45 | −33.52% |
| Q4 2014 | 2014-12-31 | 1.22 | −1.94 | −61.33% |
| Q3 2014 | 2014-09-27 | 0.92 | −1.61 | −63.69% |
| Q2 2014 | 2014-06-28 | 0.95 | −1.43 | −60.07% |
| Q1 2014 | 2014-03-29 | 1.36 | −0.88 | −39.24% |
| Q4 2013 | 2013-12-31 | 3.16 | 0.85 | +36.85% |
| Q3 2013 | 2013-09-28 | 2.53 | 0.57 | +29.09% |
| Q2 2013 | 2013-06-29 | 2.39 | 0.66 | +38.29% |
| Q1 2013 | 2013-03-30 | 2.23 | 0.55 | +33.06% |
| Q4 2012 | 2012-12-31 | 2.31 | 0.76 | +49.12% |
| Q3 2012 | 2012-09-29 | 1.96 | 0.27 | +15.68% |
| Q2 2012 | 2012-06-30 | 1.73 | −1.03 | −37.33% |
| Q1 2012 | 2012-03-31 | 1.68 | 0.18 | +12.28% |
| Q4 2011 | 2011-12-31 | 1.55 | −0.87 | −35.95% |
| Q3 2011 | 2011-10-01 | 1.70 | −0.66 | −28.03% |
| Q2 2011 | 2011-07-02 | 2.75 | 0.06 | +2.38% |
| Q1 2011 | 2011-04-02 | 1.49 | −1.06 | −41.46% |
| Q4 2010 | 2010-12-31 | 2.42 | −0.35 | −12.50% |
| Q3 2010 | 2010-10-02 | 2.36 | −0.65 | −21.74% |
| Q2 2010 | 2010-07-03 | 2.69 | −0.24 | −8.23% |
| Q1 2010 | 2010-04-03 | 2.55 | — | — |
| Q4 2009 | 2009-12-31 | 2.76 | −0.06 | −2.05% |
| Q3 2009 | 2009-09-26 | 3.01 | — | — |
| Q2 2009 | 2009-06-27 | 2.93 | — | — |
| Q4 2008 | 2008-12-31 | 2.82 | — | — |
Thermo Fisher Scientific current ratio trends
Over the last five fiscal years, Thermo Fisher Scientific's current ratio decreased from 2.13 to 1.89, a change of −0.24. The latest reported quarter, Q2 2026, shows 1.55.
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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