Thermo Fisher Scientific annual debt-to-assets ratio
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Thermo Fisher Scientific Debt-to-Assets Ratio Growth & History (TMO)
Thermo Fisher Scientific's debt-to-assets ratio was 0.34 for fiscal 2025.
View full Thermo Fisher Scientific company overviewThermo Fisher Scientific annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.34 | 0.02 | +7.71% |
| 2024 | 2024-12-31 | 0.31 | −0.02 | −5.52% |
| 2023 | 2023-12-31 | 0.33 | 0.02 | +5.90% |
| 2022 | 2022-12-31 | 0.31 | −0.04 | −11.67% |
| 2021 | 2021-12-31 | 0.36 | 0.03 | +8.80% |
| 2020 | 2020-12-31 | 0.33 | 0.01 | +3.12% |
| 2019 | 2019-12-31 | 0.32 | −0.02 | −6.22% |
| 2018 | 2018-12-31 | 0.34 | −0.03 | −8.90% |
| 2017 | 2017-12-31 | 0.37 | 0.01 | +2.36% |
| 2016 | 2016-12-31 | 0.36 | 0.06 | +18.58% |
| 2015 | 2015-12-31 | 0.31 | −0.03 | −10.13% |
| 2014 | 2014-12-31 | 0.34 | 0.01 | +3.26% |
| 2013 | 2013-12-31 | 0.33 | 0.07 | +26.79% |
| 2012 | 2012-12-31 | 0.26 | −0.00 | −0.89% |
| 2011 | 2011-12-31 | 0.26 | 0.16 | +161.64% |
| 2010 | 2010-12-31 | 0.10 | −0.00 | −0.77% |
| 2009 | 2009-12-31 | 0.10 | 0.01 | +6.21% |
| 2008 | 2008-12-31 | 0.09 | — | — |
Thermo Fisher Scientific quarterly debt-to-assets ratio
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| Fiscal quarter | Period ended | Debt-to-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-27 | 0.35 | 0.02 | +6.15% |
| Q1 2026 | 2026-03-28 | 0.35 | 0.04 | +11.68% |
| Q4 2025 | 2025-12-31 | 0.34 | 0.02 | +7.71% |
| Q3 2025 | 2025-09-27 | 0.31 | −0.00 | −0.52% |
| Q2 2025 | 2025-06-28 | 0.33 | 0.02 | +6.07% |
| Q1 2025 | 2025-03-29 | 0.32 | −0.00 | −1.29% |
| Q4 2024 | 2024-12-31 | 0.31 | −0.02 | −5.52% |
| Q3 2024 | 2024-09-28 | 0.31 | −0.00 | −1.05% |
| Q2 2024 | 2024-06-29 | 0.31 | −0.00 | −0.89% |
| Q1 2024 | 2024-03-30 | 0.32 | 0.01 | +4.26% |
| Q4 2023 | 2023-12-31 | 0.33 | 0.02 | +5.90% |
| Q3 2023 | 2023-09-30 | 0.31 | 0.00 | +1.03% |
| Q2 2023 | 2023-07-01 | 0.31 | −0.01 | −3.93% |
| Q1 2023 | 2023-04-01 | 0.31 | −0.03 | −9.05% |
| Q4 2022 | 2022-12-31 | 0.31 | −0.04 | −11.67% |
| Q3 2022 | 2022-10-01 | 0.31 | 0.02 | +5.52% |
| Q2 2022 | 2022-07-02 | 0.32 | 0.05 | +16.43% |
| Q1 2022 | 2022-04-02 | 0.34 | 0.06 | +19.68% |
| Q4 2021 | 2021-12-31 | 0.36 | 0.03 | +8.80% |
| Q3 2021 | 2021-10-02 | 0.29 | −0.03 | −10.51% |
| Q2 2021 | 2021-07-03 | 0.28 | −0.07 | −19.84% |
| Q1 2021 | 2021-04-03 | 0.28 | −0.06 | −16.89% |
| Q4 2020 | 2020-12-31 | 0.33 | 0.01 | +3.12% |
| Q3 2020 | 2020-09-26 | 0.33 | 0.02 | +5.29% |
| Q2 2020 | 2020-06-27 | 0.35 | 0.01 | +1.75% |
| Q1 2020 | 2020-03-28 | 0.34 | 0.00 | +0.67% |
| Q4 2019 | 2019-12-31 | 0.32 | −0.02 | −6.22% |
| Q3 2019 | 2019-09-28 | 0.31 | −0.03 | −8.26% |
| Q2 2019 | 2019-06-29 | 0.34 | −0.01 | −2.98% |
| Q1 2019 | 2019-03-30 | 0.34 | −0.03 | −8.66% |
| Q4 2018 | 2018-12-31 | 0.34 | −0.03 | −8.90% |
| Q3 2018 | 2018-09-29 | 0.34 | −0.05 | −13.23% |
| Q2 2018 | 2018-06-30 | 0.35 | −0.01 | −2.93% |
| Q1 2018 | 2018-03-31 | 0.37 | 0.00 | +0.17% |
| Q4 2017 | 2017-12-31 | 0.37 | 0.01 | +2.36% |
| Q3 2017 | 2017-09-30 | 0.39 | −0.00 | −0.28% |
| Q2 2017 | 2017-07-01 | 0.36 | 0.03 | +7.85% |
| Q1 2017 | 2017-04-01 | 0.37 | 0.02 | +5.52% |
| Q4 2016 | 2016-12-31 | 0.36 | 0.06 | +18.58% |
| Q3 2016 | 2016-10-01 | 0.39 | 0.07 | +21.76% |
| Q2 2016 | 2016-07-02 | 0.33 | −0.00 | −0.26% |
| Q1 2016 | 2016-04-02 | 0.35 | −0.00 | −1.37% |
| Q4 2015 | 2015-12-31 | 0.31 | −0.03 | −10.13% |
| Q3 2015 | 2015-09-26 | 0.32 | −0.02 | −4.60% |
| Q2 2015 | 2015-06-27 | 0.34 | −0.02 | −4.50% |
| Q1 2015 | 2015-03-28 | 0.35 | −0.02 | −5.69% |
| Q4 2014 | 2014-12-31 | 0.34 | 0.01 | +3.26% |
| Q3 2014 | 2014-09-27 | 0.34 | 0.09 | +34.82% |
| Q2 2014 | 2014-06-28 | 0.35 | 0.09 | +36.52% |
| Q1 2014 | 2014-03-29 | 0.38 | 0.12 | +44.92% |
| Q4 2013 | 2013-12-31 | 0.33 | 0.07 | +26.79% |
| Q3 2013 | 2013-09-28 | 0.25 | −0.02 | −7.17% |
| Q2 2013 | 2013-06-29 | 0.26 | 0.01 | +3.92% |
| Q1 2013 | 2013-03-30 | 0.26 | 0.01 | +4.35% |
| Q4 2012 | 2012-12-31 | 0.26 | −0.00 | −0.89% |
| Q3 2012 | 2012-09-29 | 0.27 | 0.01 | +2.52% |
| Q2 2012 | 2012-06-30 | 0.25 | 0.08 | +48.12% |
| Q1 2012 | 2012-03-31 | 0.25 | 0.07 | +35.60% |
| Q4 2011 | 2011-12-31 | 0.26 | 0.16 | +161.64% |
| Q3 2011 | 2011-10-01 | 0.26 | 0.16 | +163.29% |
| Q2 2011 | 2011-07-02 | 0.17 | 0.07 | +66.86% |
| Q1 2011 | 2011-04-02 | 0.18 | 0.09 | +106.36% |
| Q4 2010 | 2010-12-31 | 0.10 | −0.00 | −0.77% |
| Q3 2010 | 2010-10-02 | 0.10 | 0.01 | +10.14% |
| Q2 2010 | 2010-07-03 | 0.10 | 0.00 | +5.16% |
| Q1 2010 | 2010-04-03 | 0.09 | — | — |
| Q4 2009 | 2009-12-31 | 0.10 | 0.01 | +6.21% |
| Q3 2009 | 2009-09-26 | 0.09 | — | — |
| Q2 2009 | 2009-06-27 | 0.10 | — | — |
| Q4 2008 | 2008-12-31 | 0.09 | — | — |
Thermo Fisher Scientific debt-to-assets ratio trends
Over the last five fiscal years, Thermo Fisher Scientific's debt-to-assets ratio increased from 0.33 to 0.34, a change of 0.01. The latest reported quarter, Q2 2026, shows 0.35.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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