# THERMO FISHER SCIENTIFIC INC. (TMO) · Edgar & Edgarette company card

> Thermo Fisher Scientific (TMO) grew revenue 3.9% in FY2025 to $44.6 billion, operating margin 17.4% against a 9.4% median for measuring & controlling devices, equity 48.4% of assets, and dividend per share up 8 years running. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 97745 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/TMO) · [JSON](https://www.pops4.com/boards/company/TMO.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $44.6B |
| Revenue growth, 1 year | 3.9% |
| Revenue growth per year | 3.2% |
| Operating margin | 17.4% (prior year 17.1%) |
| Net margin | 15.1% |
| Operating cash flow | $7.8B |
| Capital spending | $1.5B |
| Free cash flow | $6.3B |
| Cash | $9.9B |
| Long-term debt | $39.2B |
| Total assets | $110.3B |
| Total equity | $53.4B |
| Equity ÷ assets | 48.4% |
| Return on equity | 12.6% |
| Dividend per share | $1.72 |
| Dividend years rising | 8 |

## Readings, computed from those figures

- Altman Z: 4.01 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · slow and jumpy: growing slower than its size class, with revenue that swings more
- Cash Compass: In between · no clear cash pattern yet

## Edgarette's reading

Exposure: revenue $44.6B (FY2025), total debt $39.2B. Experience: revenue up 3.9% on the year, up 3.2% a year over 4 years; operating margin 17.4%, up from 17.1%. Soundness: equity 48.4% of assets, return on equity 12.6%, payout 9.5% of profit, dividend per share up 8 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $39.7B and $48.4B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $36.4B to $52.3B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, measuring & controlling devices, nec): operating margin 17.4% against a 9.4% median; growth 3.9% against 2.9%.

Range logged 2026-09-26, receipt 9ba1c401976349ea, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 2, latest 2026-10-30 ([filing](https://www.sec.gov/Archives/edgar/data/97745/000009774526000181/0000097745-26-000181-index.htm))

## Recent filings

- 8-K · filed 2026-10-30 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/97745/000009774526000181/0000097745-26-000181-index.htm)
- 10-Q · filed 2026-10-30 · [filing](https://www.sec.gov/Archives/edgar/data/97745/000009774526000179/0000097745-26-000179-index.htm)
- 8-K · filed 2026-10-21 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/97745/000009774526000173/0000097745-26-000173-index.htm)
- 10-Q · filed 2026-07-31 · [filing](https://www.sec.gov/Archives/edgar/data/97745/000009774526000144/0000097745-26-000144-index.htm)
- 8-K · filed 2026-07-23 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/97745/000009774526000138/0000097745-26-000138-index.htm)
- 8-K · filed 2026-05-26 · 5.07 Submission of Matters to a Vote of Security Holders · [filing](https://www.sec.gov/Archives/edgar/data/97745/000009774526000117/0000097745-26-000117-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000097745.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=97745

## Cite

POPS4, Edgar & Edgarette: THERMO FISHER SCIENTIFIC INC. (TMO) company card, from the company's own SEC filings, accessed 2026-11-10, https://www.pops4.com/boards/company/TMO. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.