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EBITDA Margin for Thermo Fisher Scientific (TMO)

As of · Reported

Metric

TTM

24.7%

YoY change

−1.79pp

Trough year (1987)

4.6%

Peak year (2020)

31.4%

EBITDA Margin history chart for Thermo Fisher Scientific (TMO) from 1985 to 2025

Latest: 25.7%

EBITDA Margin change chart for Thermo Fisher Scientific (TMO) from 1985 to 2025

Latest: −1.79pp

EBITDA Margin history table for Thermo Fisher Scientific (TMO) from 1985 to 2025

  • 202525.7%-1.79pp
  • 202427.5%+1.40pp
  • 202326.1%-0.47pp
  • 202226.6%-3.94pp
  • 202130.5%-0.85pp
  • 202031.4%+3.88pp
  • 201927.5%+2.06pp
  • 201825.4%+1.27pp
  • 201724.2%+0.90pp
  • 201623.3%-0.55pp
  • 201523.8%-1.36pp
  • 201425.2%+5.45pp
  • 201319.7%-0.22pp
  • 201219.9%+1.31pp
  • 201118.6%+0.90pp
  • 201017.7%-0.40pp
  • 200918.1%-1.61pp
  • 200819.7%+1.50pp
  • 200718.2%+5.00pp
  • 200613.2%-3.31pp
  • 200516.6%+1.31pp
  • 200415.2%+1.93pp
  • 200313.3%+4.06pp
  • 20029.3%-2.88pp
  • 200112.1%-0.83pp
  • 200013.0%-1.69pp
  • 199914.7%+5.52pp
  • 19989.1%-1.31pp
  • 199710.4%-3.18pp
  • 199613.6%-1.43pp
  • 199515.1%-0.22pp
  • 199415.3%+1.99pp
  • 199313.3%+3.01pp
  • 199210.3%+2.61pp
  • 19917.7%-0.02pp
  • 19907.7%+2.42pp
  • 19895.3%-0.79pp
  • 19886.1%+1.46pp
  • 19874.6%-1.65pp
  • 19866.2%+1.46pp
  • 19854.8%—

EBITDA Margin values are taken from Thermo Fisher Scientific's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

About EBITDA Margin at Thermo Fisher Scientific (TMO)

According to Thermo Fisher Scientific's latest reported financial statements, the company's latest reported EBITDA margin is 24.7%. EBITDA margin is EBITDA divided by revenue — earnings before interest, taxes, depreciation, and amortization as a percentage of sales. By stripping out non-cash charges and capital-structure effects, it approximates operating cash profitability and is widely used to compare companies with different asset bases and leverage.

Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

2025's annual EBITDA margin for Thermo Fisher Scientific (TMO) came in at 25.73% – contracted 1.8 percentage points year-over-year.

The record annual EBITDA margin stands at 31.37%, reached in 2020; the historical low of 4.59% was recorded in 1987.

Thermo Fisher Scientific EBITDA Margin by Year

Thermo Fisher Scientific EBITDA Margin 2025: 25.7%

Thermo Fisher Scientific EBITDA margin in 2025 was 25.73%, contracted 1.8 percentage points from 2024.

Thermo Fisher Scientific EBITDA Margin 2024: 27.5%

2024's EBITDA margin for Thermo Fisher Scientific came in at 27.52%, expanded 1.4 percentage points from 2023.

Thermo Fisher Scientific EBITDA Margin 2023: 26.1%

Thermo Fisher Scientific posted EBITDA margin of 26.12% in 2023, contracted 0.5 percentage points from 2022.

Thermo Fisher Scientific EBITDA Margin 2022: 26.6%

In 2022, Thermo Fisher Scientific reported EBITDA margin of 26.59%, contracted 3.9 percentage points from 2021.

Thermo Fisher Scientific EBITDA Margin 2021: 30.5%

Thermo Fisher Scientific EBITDA margin in 2021 was 30.52%.

See more financial history for Thermo Fisher Scientific (TMO).

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