THERMO FISHER SCIENTIFIC INC.(TMO)Stock Analysis
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Rank #678 of 2,879 stocksTOP 25%
Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Aug 14, 2026.
Revenue Growth
Profitability
Balance Sheet
Earnings Quality
Free Cash Flow
Institutional Flow
Revenue Scale
Dilution Risk
TMO Stock Analysis & AI Quality Score
AI stock analysis and institutional research for THERMO FISHER SCIENTIFIC INC. (TMO), a Technology sector company. 13F Pro's AI-powered ranking engine scores TMO at 63.7/100 on a 32-signal composite quality model, placing it at rank #678 of 2,879 stocks — the top 25% of the AI-ranked universe. TMO scores in the top quartile across revenue scale (96.7), profitability (76.5). Areas of concern include institutional flow (5.1) and revenue growth (36.6), which score below median versus the broader universe. Based on the latest XBRL financial filings (Q1 2026), THERMO FISHER SCIENTIFIC INC. reports quarterly revenue of $11.0B, net income of $1.7B, an operating margin of 16.9%. Top institutional holders of TMO by reported 13-F value include BlackRock,, VANGUARD CAPITAL MANAGEMENT, STATE STREET, based on the most recent SEC filings. TMO trades on the NYSE exchange and files with the SEC under CIK 97745. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate TMO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for THERMO FISHER SCIENTIFIC INC. directly from SEC EDGAR. THERMO FISHER SCIENTIFIC INC.'s 13F Pro composite quality score has ranged between 45 and 76 since 2021, currently 63.7 — an improving long-term trajectory across 56 quarterly and live scoring snapshots.
Revenue
Q1 2026
$11.0B
Net Income
Q1 2026
$1.7B
Free Cash Flow
Q1 2026
$816.0M
Operating Margin
Q1 2026
16.9%
D/E Ratio
Q1 2026
0.89
Revenue & Net Income
Earnings Per Share
Key Financials Over Time
Export Financial Table · Pro+Revenue
+4.0% YoYNet Income
+12.6% YoYOperating Income
+12.9% YoYEPS (Diluted)
+14.8% YoYTotal Assets
+11.8% YoYTotal Debt
+11.4% YoYOp. Cash Flow
-7.0% YoY| Metric | FY 2025 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|
| Revenue | $44.56B +4.0% | $42.86B -4.6% | $44.91B +14.5% | $39.21B +21.7% | $32.22B +26.1% | $25.54B |
| Net Income | $6.70B +12.6% | $5.96B -14.4% | $6.96B -9.9% | $7.73B | — | — |
| Operating Income | $7.75B +12.9% | $6.86B -18.3% | $8.39B -16.3% | $10.03B +28.7% | $7.79B +69.7% | $4.59B |
| EPS (Diluted) | $17.74 +14.8% | $15.45 -12.4% | $17.63 -9.4% | $19.46 +21.9% | $15.96 +74.0% | $9.17 |
| Total Assets | $110.34B +11.8% | $98.73B +1.6% | $97.15B +2.1% | $95.12B +37.8% | $69.05B +18.3% | $58.38B |
| Total Debt | $42.70B +11.4% | $38.34B -3.8% | $39.86B +7.1% | $37.21B +52.8% | $24.36B +32.2% | $18.43B |
| Operating Cash Flow | $7.82B -7.0% | $8.41B -8.2% | $9.15B -1.7% | $9.31B +12.3% | $8.29B +66.7% | $4.97B |
AI Insight: TMO Financial Trends
Revenue growth accelerating into 2026, but debt surge and operating cash flow weakness in Q1 2026 warrant attention.
• Q4 2025 revenue reached $12,215M, highest in dataset; Q1 2026 at $11,005M reflects typical seasonal pattern.
• Operating margin expanded from 17.3% (Q2 2024) to 18.5% (Q1 2026); net income now visible, $1.6–2.0B in recent quarters.
• Debt increased $5.7B from Q4 2025 to Q1 2026 ($42.7B → $46.0B); debt-to-equity ratio rose from 0.80 to 0.89.
⚠ Operating cash flow dropped to $1,192M in Q1 2026 from $3,457M in Q4 2025 — steepest single-quarter decline.
⚠ Debt increased 10.6% quarter-over-quarter while equity contracted 2.4% — potential M&A or capital allocation shift.
AI Insight: TMO Ratio Trends
Operating margin recovered to 16.9% in Q1 2026, but ROIC deteriorated to 7.6%—lowest in four quarters—signaling capital deployment headwinds.
• Operating margin rebounded from 17.4% in Q3 2025 to 18.5% in Q4 2025, then softened to 16.9% in Q1 2026.
• Net profit margin expanded from 14.5% in Q3 2025 to 16.1% in Q4 2025, holding at 15.0% in Q1 2026.
• ROIC fell from 9.4% in Q4 2025 to 7.6% in Q1 2026—first sub-8% reading since Q1 2025.
⚠ Debt-to-equity ratio climbed to 0.89 in Q1 2026 from 0.80 in Q4 2025, reversing deleveraging progress.
⚠ ROE and ROA both declined quarter-over-quarter: ROE 14.7% → 12.7%, ROA 7.1% → 5.8%.
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Available Research
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Top Institutional Holders of TMO
BlackRock, Inc.
$15.0B30,427,192 shVANGUARD CAPITAL MANAGEMENT LLC
$11.9B24,280,816 shSTATE STREET CORP
$8.2B16,731,668 shMORGAN STANLEY
$5.3B10,863,528 shFMR LLC
$5.3B10,776,436 shGEODE CAPITAL MANAGEMENT, LLC
$4.1B8,407,891 shFRANKLIN RESOURCES INC
$3.3B6,813,031 shCapital World Investors
$3.3B6,646,316 shVANGUARD PORTFOLIO MANAGEMENT LLC
$3.0B6,163,370 shBANK OF AMERICA CORP /DE/
$2.7B5,533,403 sh
| Fund | Value | Shares |
|---|---|---|
| BlackRock, Inc. | $15.0B | 30,427,192 |
| VANGUARD CAPITAL MANAGEMENT LLC | $11.9B | 24,280,816 |
| STATE STREET CORP | $8.2B | 16,731,668 |
| MORGAN STANLEY | $5.3B | 10,863,528 |
| FMR LLC | $5.3B | 10,776,436 |
| GEODE CAPITAL MANAGEMENT, LLC | $4.1B | 8,407,891 |
| FRANKLIN RESOURCES INC | $3.3B | 6,813,031 |
| Capital World Investors | $3.3B | 6,646,316 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $3.0B | 6,163,370 |
| BANK OF AMERICA CORP /DE/ | $2.7B | 5,533,403 |
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Popular Research
Is TMO a good stock to buy?
13F Pro's AI-powered analysis of THERMO FISHER SCIENTIFIC INC. (TMO) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Technology sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for TMO are available on the TMO stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.
Which hedge funds own TMO?
Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling TMO. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of THERMO FISHER SCIENTIFIC INC.'s investment landscape.