Latest period
$42.5B
YoY change
+24.7%
5Y CAGR
+12.6%
Peak year (FY2025)
$40.9B
Latest annual
$40.9B
Total Debt history chart for Thermo Fisher Scientific (TMO) from 2016 to 2025
Latest: $40.9B
Total Debt growth chart for Thermo Fisher Scientific (TMO) from 2016 to 2025
Latest: +24.7%
Total Debt history table for Thermo Fisher Scientific (TMO) from 1985 to 2025
| FY2025 | $40.9B | +24.7% | +$8.08B | ||
| FY2024 | $32.8B | -10.0% | -$3.65B | ||
| FY2023 | $36.4B | +1.0% | +$351M | ||
| FY2022 | $36.1B | -0.7% | -$266M | ||
| FY2021 | $36.3B | +61.2% | +$13.8B | ||
| FY2020 | $22.5B | +21.9% | +$4.06B | ||
| FY2019 | $18.5B | -2.6% | -$500M | ||
| FY2018 | $19B | -9.6% | -$2.02B | ||
| FY2017 | $21B | +26.3% | +$4.38B | ||
| FY2016 | $16.6B | +33.3% | +$4.16B | ||
| FY2015 | $12.5B | -14.4% | -$2.09B | ||
| FY2014 | $14.6B | +38.9% | +$4.08B | ||
| FY2013 | $10.5B | +47.2% | +$3.36B | ||
| FY2012 | $7.12B | +1.4% | +$96.3M | ||
| FY2011 | $7.03B | +223.8% | +$4.86B | ||
| FY2010 | $2.17B | -0.6% | -$13M | ||
| FY2009 | $2.18B | +6.1% | +$125M | ||
| FY2008 | $2.06B | -6.2% | -$137M | ||
| FY2007 | $2.2B | -17.6% | -$469M | ||
| FY2006 | $2.66B | +344.9% | +$2.07B | ||
| FY2005 | $599M | +148.4% | +$358M | ||
| FY2004 | $241M | -12.5% | -$34.4M | ||
| FY2003 | $275M | -70.6% | -$660M | ||
| FY2002 | $936M | +18.9% | +$149M | ||
| FY2001 | $787M | -51.1% | -$822M | ||
| FY2000 | $1.61B | -4.2% | -$70M | ||
| FY1999 | $1.68B | -22.3% | -$481M | ||
| FY1998 | $2.16B | +12.5% | +$240M | ||
| FY1997 | $1.92B | +12.7% | +$216M | ||
| FY1996 | $1.7B | +39.4% | +$482M | ||
| FY1995 | $1.22B | +7.9% | +$89.2M | ||
| FY1994 | $1.13B | +63.4% | +$439M | ||
| FY1993 | $693M | +34.3% | +$177M | ||
| FY1992 | $516M | +98.6% | +$256M | ||
| FY1991 | $260M | +19.9% | +$43.1M | ||
| FY1990 | $217M | +8.6% | +$17.2M | ||
| FY1989 | $200M | +24.9% | +$39.8M | ||
| FY1988 | $160M | +13.3% | +$18.8M | ||
| FY1987 | $141M | +124.2% | +$78.1M | ||
| FY1986 | $62.9M | +23.3% | +$11.9M | ||
| FY1985 | $51M | — | — |
- FY2025$40.9B+24.7%
- FY2024$32.8B-10.0%
- FY2023$36.4B+1.0%
- FY2022$36.1B-0.7%
- FY2021$36.3B+61.2%
- FY2020$22.5B+21.9%
- FY2019$18.5B-2.6%
- FY2018$19B-9.6%
- FY2017$21B+26.3%
- FY2016$16.6B+33.3%
- FY2015$12.5B-14.4%
- FY2014$14.6B+38.9%
- FY2013$10.5B+47.2%
- FY2012$7.12B+1.4%
- FY2011$7.03B+223.8%
- FY2010$2.17B-0.6%
- FY2009$2.18B+6.1%
- FY2008$2.06B-6.2%
- FY2007$2.2B-17.6%
- FY2006$2.66B+344.9%
- FY2005$599M+148.4%
- FY2004$241M-12.5%
- FY2003$275M-70.6%
- FY2002$936M+18.9%
- FY2001$787M-51.1%
- FY2000$1.61B-4.2%
- FY1999$1.68B-22.3%
- FY1998$2.16B+12.5%
- FY1997$1.92B+12.7%
- FY1996$1.7B+39.4%
- FY1995$1.22B+7.9%
- FY1994$1.13B+63.4%
- FY1993$693M+34.3%
- FY1992$516M+98.6%
- FY1991$260M+19.9%
- FY1990$217M+8.6%
- FY1989$200M+24.9%
- FY1988$160M+13.3%
- FY1987$141M+124.2%
- FY1986$62.9M+23.3%
- FY1985$51M—
Total Debt values are taken from Thermo Fisher Scientific's reported balance sheets (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 Total Debt at Thermo Fisher Scientific (TMO)
According to Thermo Fisher Scientific's latest reported financial statements, the company's latest reported total debt is $42.5B. Total debt is the sum of short-term and long-term interest-bearing borrowings on the balance sheet (notes, bonds, term loans, lease liabilities). Useful for leverage and refinancing risk — compare with cash on hand for net leverage, and total liabilities for the broader obligations picture.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Thermo Fisher Scientific (TMO) most recent annual total debt stands at $40.9B (2025) – grew 24.7% year-over-year.
Looking at the 2020–2025 (5 years) stretch, Thermo Fisher Scientific total debt compounded at +12.6% per year, with mixed annual results across the window.
Across the available history, total debt reached its high of $40.9B in 2025 and its low of $51M in 1985.
Thermo Fisher Scientific Total Debt by Year
Thermo Fisher Scientific Total Debt 2025: $40.9B
Thermo Fisher Scientific total debt in 2025 was $40.9B, grew 24.7% from 2024. This figure represents the highest annual value in the available history.
Thermo Fisher Scientific Total Debt 2024: $32.8B
2024's total debt for Thermo Fisher Scientific came in at $32.8B, declined 10.0% below 2023.
Thermo Fisher Scientific Total Debt 2023: $36.4B
Thermo Fisher Scientific posted total debt of $36.4B in 2023, edged up 1.0% from 2022.
Thermo Fisher Scientific Total Debt 2022: $36.1B
In 2022, Thermo Fisher Scientific reported total debt of $36.1B, edged down 0.7% below 2021.
Thermo Fisher Scientific Total Debt 2021: $36.3B
Thermo Fisher Scientific total debt in 2021 was $36.3B.
See more financial history for Thermo Fisher Scientific (TMO).
Sector peers by Total Debt
Healthcare peers of Thermo Fisher Scientific (TMO), ranked by their latest total debt
| $78.4B | |
| $69.1B | |
| $54.6B | |
| $50.5B | |
| $47.9B | |
| $42.5B | |
| $20.6B | |
| $15.1B |
- $78.4B
- $69.1B
- $54.6B
- $50.5B
- $47.9B
- $42.5B
- $20.6B
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