Valuation Thermo Fisher Scientific, Inc.

Equities

Real-time Estimate Cboe BZX Other stock markets 17:28:04 20/05/2026 BST			5-day change	1st Jan Change
446.45 ^USD	-0.30%		-0.12%	-23.12%

03:14pm	Pharma sector doubles down on AI amid hopes of slashing costs, timelines	RE
02:25pm	Thermo Fisher Scientific highlights industry leadership, growth outlook and long-term value creation at 2026 Investor Day	RE

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Capitalization ¹	262,925	216,998	205,083	198,988	217,704	166,416	-	-
Change	-	-17.47%	-5.49%	-2.97%	9.41%	-23.56%	-	-
Enterprise Value (EV) ¹	293,318	242,962	231,923	226,254	247,237	197,304	192,412	186,732
Change	-	-17.17%	-4.54%	-2.44%	9.27%	-20.2%	-2.48%	-2.95%
P/E ratio	34.3x	31.2x	34.4x	31.5x	32.7x	22.3x	19.4x	16.5x
PBR	6.45x	4.89x	4.39x	4x	-	2.99x	2.71x	2.44x
PEG	-	-3.32x	-2.8x	4.51x	4.47x	1.7x	1.3x	0.9x
Capitalization / Revenue	6.71x	4.83x	4.79x	4.64x	4.89x	3.48x	3.3x	3.11x
EV / Revenue	7.48x	5.41x	5.41x	5.28x	5.55x	4.13x	3.82x	3.49x
EV / EBITDA	22.6x	20.3x	21.3x	20.8x	22.2x	15.9x	14.4x	12.9x
EV / EBIT	24.2x	22.1x	23.6x	23.3x	24.5x	17.7x	16x	14.4x
EV / FCF	41.8x	35x	33.5x	30.9x	39.3x	27.6x	21.5x	19.7x
FCF Yield	2.39%	2.85%	2.99%	3.24%	2.55%	3.62%	4.64%	5.08%
Dividend per Share ²	1.04	1.2	1.4	1.56	-	1.843	1.939	2.08
Rate of return	0.16%	0.22%	0.26%	0.3%	-	0.41%	0.43%	0.46%
EPS ²	19.46	17.63	15.45	16.53	17.74	20.11	23.13	27.16
Distribution rate	5.34%	6.81%	9.06%	9.44%	-	9.16%	8.38%	7.66%
Net sales ¹	39,211	44,915	42,857	42,879	44,556	47,776	50,376	53,503
EBITDA ¹	12,969	11,971	10,878	10,863	11,159	12,399	13,351	14,483
EBIT ¹	12,138	10,985	9,810	9,707	10,109	11,153	12,004	12,980
Net income ¹	7,725	6,950	5,995	6,335	6,704	7,337	8,192	9,172
Net Debt ¹	30,393	25,964	26,840	27,266	29,533	30,888	25,996	20,317
Reference price ²	667.24	550.69	530.79	520.23	579.45	447.81	447.81	447.81
Nbr of stocks (in thousands)	394,048	394,048	386,372	382,500	375,708	371,621	-	-
Announcement Date	02/02/22	01/02/23	31/01/24	30/01/25	29/01/26	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
THERMO FISHER SCIENTIFIC, INC.	22.27x	4.13x	15.91x	0.41%	166B
INTUITIVE SURGICAL, INC.	48.49x	12.71x	28.48x	-.--%	156B
DANAHER CORPORATION	26.49x	5x	15.58x	0.9%	118B
BOSTON SCIENTIFIC CORPORATION	20.96x	4.18x	13.67x	-.--%	84.44B
EDWARDS LIFESCIENCES CORPORATION	29.3x	6.52x	20.64x	-.--%	47.31B
SIEMENS HEALTHINEERS AG	17.84x	2.07x	10.57x	2.94%	43.8B
WATERS CORPORATION	35.59x	5.73x	17.46x	-.--%	32.72B
AGILENT TECHNOLOGIES, INC.	21.2x	4.35x	15.08x	0.92%	31.25B
RESMED, INC.	19.61x	5.17x	13.01x	1.17%	30.14B
GE HEALTHCARE TECHNOLOGIES INC.	13.66x	1.55x	8.66x	0.25%	28.01B
Average	25.54x	5.14x	15.91x	0.66%	73.87B
Weighted average by Cap.	28.64x	6.15x	17.89x	0.51%