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Net Profit Margin for Thermo Fisher Scientific (TMO)

As of · Reported

Metric

TTM

15.2%

YoY change

+0.35pp

Trough year (1999)

-7.1%

Peak year (2020)

19.8%

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

Latest: 15.1%

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

Latest: +0.35pp

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

  • 202515.1%+0.35pp
  • 202414.8%+0.79pp
  • 202314.0%-1.49pp
  • 202215.5%-4.23pp
  • 202119.7%-0.09pp
  • 202019.8%+5.32pp
  • 201914.5%+2.41pp
  • 201812.1%+1.42pp
  • 201710.6%-0.43pp
  • 201611.1%-0.58pp
  • 201511.6%+0.43pp
  • 201411.2%+1.49pp
  • 20139.7%+0.31pp
  • 20129.4%-1.93pp
  • 201111.3%+1.74pp
  • 20109.6%+1.19pp
  • 20098.4%-1.06pp
  • 20089.5%+1.66pp
  • 20077.8%+3.35pp
  • 20064.5%-4.02pp
  • 20058.5%-7.92pp
  • 200416.4%+6.87pp
  • 20039.5%-5.31pp
  • 200214.8%+14.88pp
  • 2001-0.0%+1.55pp
  • 2000-1.6%+5.48pp
  • 1999-7.1%-11.77pp
  • 19984.7%-2.02pp
  • 19976.7%+0.22pp
  • 19966.5%+0.16pp
  • 19956.3%-0.18pp
  • 19946.5%+0.39pp
  • 19936.1%-0.11pp
  • 19926.2%+0.39pp
  • 19915.8%+1.06pp
  • 19904.8%+0.54pp
  • 19894.2%+0.23pp
  • 19884.0%-0.71pp
  • 19874.7%+0.41pp
  • 19864.3%+0.70pp
  • 19853.6%—

Net Profit 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 Net Profit Margin at Thermo Fisher Scientific (TMO)

According to Thermo Fisher Scientific's latest reported financial statements, the company's latest reported net margin is 15.2%. Net profit margin is net income divided by revenue — the bottom-line share of each sales dollar that remains after all costs, including operating expenses, interest, and taxes. It is the most comprehensive profitability ratio, though it can swing on one-off items, so read it alongside the multi-year trend below.

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

The 2025 reading of Thermo Fisher Scientific (TMO) net margin is 15.12% – expanded 0.3 percentage points year-over-year.

19.79% stands as the all-time-high annual net margin, posted in 2020, against a low of -7.07% during 1999.

Thermo Fisher Scientific Net Profit Margin by Year

Thermo Fisher Scientific Net Profit Margin 2025: 15.1%

Thermo Fisher Scientific posted net margin of 15.12% in 2025, expanded 0.3 percentage points from 2024.

Thermo Fisher Scientific Net Profit Margin 2024: 14.8%

In 2024, Thermo Fisher Scientific reported net margin of 14.77%, expanded 0.8 percentage points from 2023.

Thermo Fisher Scientific Net Profit Margin 2023: 14.0%

Thermo Fisher Scientific net margin in 2023 was 13.99%, contracted 1.5 percentage points from 2022.

Thermo Fisher Scientific Net Profit Margin 2022: 15.5%

2022's net margin for Thermo Fisher Scientific came in at 15.47%, contracted 4.2 percentage points from 2021.

Thermo Fisher Scientific Net Profit Margin 2021: 19.7%

Thermo Fisher Scientific net margin in 2021 was 19.70%.

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

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