What is the current annual gross margin of TMO?

As of today, TMO annual gross margin is 41.34%

What is 1-year change in TMO annual gross margin?

TMO annual gross margin is up +3.04% year-over-year

What is 3-year change in TMO annual gross margin?

TMO annual gross margin is down -17.44% over the past 3 years

How far is TMO annual gross margin from its all-time high?

TMO annual gross margin is currently -17.44% below its historical high of 50.07% set on December 31, 2021

How does TMO annual gross margin rank versus sector peers?

TMO annual gross margin is higher than 39.07% of companies in Healthcare sector

When is TMO next annual earnings release?

The next annual earnings release for TMO is on January 29, 2026

What is the current quarterly gross margin of TMO?

As of today, TMO quarterly gross margin is 41.29%

What is TMO quarterly gross margin most recent change?

TMO quarterly gross margin was up +1.35% on September 27, 2025

What is 1-year change in TMO quarterly gross margin?

TMO quarterly gross margin is up +1.03% year-over-year

How far is TMO quarterly gross margin from its all-time high?

TMO quarterly gross margin is currently -40.59% below its historical high of 69.50% set on September 30, 2000

How does TMO quarterly gross margin rank versus sector peers?

TMO quarterly gross margin is higher than 40.75% of companies in Healthcare sector

When is TMO next earnings release?

The next earnings release for TMO is on January 29, 2026

TMO Gross Margin History & Chart Since 1980

Annual Gross Margin

41.34%1.22%+3.04%

December 31, 2024

Summary

Current Value: As of today, TMO annual gross margin is 41.34%, up +3.04% on December 31, 2024
Historical Performance: TMO annual gross margin is down -17.44% over the past 3 years, and down -6.91% over the past 5 years
All-Time High Comparison: TMO annual gross margin is currently -17.44% below its historical high of 50.07% set on December 31, 2021
3-Year Low Comparison: TMO annual gross margin is +3.04% above its 3-year low of 40.12% reached on December 31, 2023
Sector Comparison: TMO annual gross margin is higher than 39.07% of companies in Healthcare sector

Gross Margin Chart

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Performance

TMO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Gross Margin	Dec 31, 24	41.34%	+3.0%	-17.4%	-6.9%	+2.7%
Quarterly Gross Margin	Sep 27, 25	41.29%	+1.0%	+2.0%	-18.8%	-0.2%
Price	Jan 29, 26	$583.59	+2.7%	+1.7%	+14.5%	+923.7%
PE Ratio	Jan 29, 26	33.72	-1.9%	+3.6%	+5.6%	+49.6%
Annual Revenue	Dec 31, 24	$42.88B	+0.1%	+9.3%	+67.9%	+324.1%
Annual Gross Profit	Dec 31, 24	$17.73B	+3.1%	-9.7%	+56.3%	+335.6%
Annual Operating Margin	Dec 31, 24	-40.79%	+4.0%	-72.8%	-4.8%	+16.2%
Annual Net Margin	Dec 31, 24	14.78%	+6.3%	-25.0%	+2.1%	+75.7%

Gross Margin Highs

TMO Annual Gross Margin Highs Comparison
Period	High	Date	Current
3Y	42.33%	N/A	-2.3%
5Y	50.07%	Dec 31, 21	-17.4%
All	50.07%	Dec 31, 21	-17.4%

Gross Margin Lows

TMO Annual Gross Margin Lows Comparison
Period	Low	Date	Current
3Y	40.12%	Dec 31, 23	+3.0%
5Y	40.12%	Dec 31, 23	+3.0%
All	25.14%	Dec 1, 84	+64.4%

Gross Margin History

Year	Value	Change
2024	41.34%	+3.0%
2023	40.12%	-5.2%
2022	42.33%	-15.5%
2021	50.07%	+0.6%
2020	49.75%	+12.0%
2019	44.41%	-1.6%
2018	45.11%	-2.5%
2017	46.27%	-1.5%
2016	46.96%	+1.6%
2015	46.20%	-1.0%
2014	46.69%	+8.6%
2013	42.98%	-0.7%
2012	43.28%	+2.8%
2011	42.10%	+2.4%
2010	41.13%	+2.2%
2009	40.26%	-0.4%
2008	40.41%	+1.2%
2007	39.95%	-10.2%
2006	44.49%	-5.3%
2005	47.00%	+2.1%
2004	46.04%	+1.8%
2003	45.21%	-1.1%
2002	45.71%	+1.6%

Year	Value	Change
2001	45.00%	-1.4%
2000	45.65%	+15.2%
1999	39.62%	-9.3%
1998	43.68%	+7.2%
1997	40.73%	-6.3%
1996	43.47%	+16.0%
1995	37.47%	-9.5%
1994	41.42%	+9.3%
1993	37.91%	+5.8%
1992	35.83%	+15.1%
1991	31.12%	-10.8%
1990	34.87%	+10.8%
1989	31.46%	-3.9%
1988	32.73%	-0.8%
1987	33.01%	+5.3%
1986	31.35%	+21.1%
1985	25.88%	+2.9%
1984	25.14%	-5.6%
1983	26.62%	-0.4%
1982	26.74%	-21.1%
1981	33.87%	+28.3%
1980	26.39%	-

FAQ

What is the current annual gross margin of TMO?
As of today, TMO annual gross margin is 41.34%
What is 1-year change in TMO annual gross margin?
TMO annual gross margin is up +3.04% year-over-year
What is 3-year change in TMO annual gross margin?
TMO annual gross margin is down -17.44% over the past 3 years
How far is TMO annual gross margin from its all-time high?
TMO annual gross margin is currently -17.44% below its historical high of 50.07% set on December 31, 2021
How does TMO annual gross margin rank versus sector peers?
TMO annual gross margin is higher than 39.07% of companies in Healthcare sector
When is TMO next annual earnings release?
The next annual earnings release for TMO is on January 29, 2026

Quarterly Gross Margin

41.29%0.55%+1.35%

September 27, 2025

Summary

Current Value: As of today, TMO quarterly gross margin is 41.29%, up +1.35% on September 27, 2025
Historical Performance: TMO quarterly gross margin is up +1.03% year-over-year, and up +2.03% over the past 3 years
All-Time High Comparison: TMO quarterly gross margin is currently -40.59% below its historical high of 69.50% set on September 30, 2000
3-Year Low Comparison: TMO quarterly gross margin is +13.72% above its 3-year low of 36.31% reached on an earlier date
Sector Comparison: TMO quarterly gross margin is higher than 40.75% of companies in Healthcare sector

Performance

TMO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Gross Margin	Sep 27, 25	41.29%	+1.4%	+1.0%	+2.0%	-18.8%
Annual Gross Margin	Dec 31, 24	41.34%	–	+3.0%	-17.4%	-6.9%
Price	Jan 29, 26	$583.59	+4.5%	+2.7%	+1.7%	+14.5%
PE Ratio	Jan 29, 26	33.72	+4.5%	-1.9%	+3.6%	+5.6%
Quarterly Revenue	Sep 27, 25	$11.12B	+2.5%	+4.9%	+4.2%	+30.5%
Quarterly Gross Profit	Sep 27, 25	$4.59B	+3.8%	+6.0%	+6.3%	+6.0%
Quarterly Operating Margin	Sep 27, 25	19.37%	+7.9%	+7.8%	+17.7%	-31.0%
Quarterly Net Margin	Sep 27, 25	14.57%	-2.3%	-5.3%	+3.9%	-35.8%

Quarterly Gross Margin Highs

TMO Quarterly Gross Margin Highs Comparison
Period	High	Date	Current
1Y	41.29%	Sep 27, 25	at high
3Y	41.29%	Sep 27, 25	at high
5Y	52.54%	Mar 1, 21	-21.4%
All	69.50%	Sep 30, 00	-40.6%

Quarterly Gross Margin Lows

TMO Quarterly Gross Margin Lows Comparison
Period	Low	Date	Current
1Y	39.20%	N/A	+5.3%
3Y	36.31%	N/A	+13.7%
5Y	36.31%	Dec 31, 22	+13.7%
All	32.53%	Mar 31, 92	+26.9%

Quarterly Gross Margin History

Month	Value	Change
Sep 2025	41.29%	+1.4%
Jun 2025	40.74%	-0.5%
Mar 2025	40.96%	+4.5%
Dec 2024	39.20%	-4.1%
Sep 2024	40.87%	-0.8%
Jun 2024	41.21%	+1.1%
Mar 2024	40.76%	+12.2%
Dec 2023	36.33%	-11.3%
Sep 2023	40.97%	+2.6%
Jun 2023	39.95%	+2.3%
Mar 2023	39.07%	+7.6%
Dec 2022	36.31%	-10.3%
Sep 2022	40.47%	-3.2%
Jun 2022	41.80%	-9.9%
Mar 2022	46.40%	+0.7%
Dec 2021	46.07%	-7.4%
Sep 2021	49.77%	+1.8%
Jun 2021	48.91%	-6.9%
Mar 2021	52.54%	+4.8%
Dec 2020	50.12%	-1.5%
Sep 2020	50.86%	+4.1%
Jun 2020	48.85%	+11.1%
Mar 2020	43.96%	+9.9%
Dec 2019	39.99%	-9.4%
Sep 2019	44.12%	-1.6%
Jun 2019	44.82%	+1.3%
Mar 2019	44.26%	+9.7%
Dec 2018	40.36%	-8.6%
Sep 2018	44.17%	-2.1%
Jun 2018	45.10%	+2.1%
Mar 2018	44.17%	+11.2%
Dec 2017	39.72%	-13.5%
Sep 2017	45.91%	+0.3%
Jun 2017	45.77%	-2.0%
Mar 2017	46.69%	-1.3%
Dec 2016	47.32%	+0.6%
Sep 2016	47.06%	+0.4%
Jun 2016	46.89%	+0.8%
Mar 2016	46.52%	+12.9%
Dec 2015	41.22%	-11.1%
Sep 2015	46.36%	+1.0%
Jun 2015	45.89%	-1.6%
Mar 2015	46.62%	-0.9%
Dec 2014	47.02%	+0.7%
Sep 2014	46.70%	0.0%
Jun 2014	46.70%	+0.9%
Mar 2014	46.28%	+6.7%
Dec 2013	43.39%	+1.7%
Sep 2013	42.65%	-0.9%
Jun 2013	43.02%	+0.5%
Mar 2013	42.81%	-1.5%
Dec 2012	43.45%	+1.6%
Sep 2012	42.76%	-1.6%
Jun 2012	43.45%	+1.1%
Mar 2012	42.96%	-0.1%
Dec 2011	43.00%	+1.2%
Sep 2011	42.48%	+3.0%
Jun 2011	41.25%	-1.0%
Mar 2011	41.68%	-1.5%
Dec 2010	42.30%	+2.2%
Sep 2010	41.37%	-0.1%
Jun 2010	41.40%	-0.4%
Mar 2010	41.58%	+2.1%
Dec 2009	40.73%	+0.9%
Sep 2009	40.37%	+0.5%
Jun 2009	40.16%	+1.3%
Mar 2009	39.66%	-2.5%
Dec 2008	40.68%	+1.3%
Sep 2008	40.16%	-0.8%
Jun 2008	40.48%	+0.4%
Mar 2008	40.32%	+0.5%
Dec 2007	40.12%	+0.7%

Month	Value	Change
Sep 2007	39.84%	-0.7%
Jun 2007	40.13%	+1.1%
Mar 2007	39.71%	-2.7%
Dec 2006	40.80%	-14.6%
Sep 2006	47.79%	+0.8%
Jun 2006	47.40%	+0.9%
Mar 2006	46.97%	-1.2%
Dec 2005	47.55%	+2.5%
Sep 2005	46.39%	-0.7%
Jun 2005	46.70%	-1.4%
Mar 2005	47.36%	+2.4%
Dec 2004	46.27%	+2.5%
Sep 2004	45.15%	-0.7%
Jun 2004	45.48%	-0.9%
Mar 2004	45.87%	+0.9%
Dec 2003	45.44%	0.0%
Sep 2003	45.44%	+0.6%
Jun 2003	45.15%	+0.9%
Mar 2003	44.75%	+1.4%
Dec 2002	44.15%	-0.9%
Sep 2002	44.55%	-1.3%
Jun 2002	45.14%	-0.8%
Mar 2002	45.52%	-7.8%
Dec 2001	49.35%	+10.8%
Sep 2001	44.54%	+7.5%
Jun 2001	41.44%	-7.0%
Mar 2001	44.54%	-27.6%
Dec 2000	61.50%	-11.5%
Sep 2000	69.50%	+53.6%
Jun 2000	45.24%	-1.0%
Mar 2000	45.71%	+15.0%
Sep 1999	39.74%	+13.8%
Jun 1999	34.92%	-8.7%
Mar 1999	38.26%	-30.2%
Dec 1998	54.81%	+39.7%
Sep 1998	39.24%	-3.8%
Jun 1998	40.81%	+3.6%
Mar 1998	39.38%	-1.2%
Dec 1997	39.87%	-18.0%
Sep 1997	48.61%	+8.2%
Jun 1997	44.93%	-5.4%
Mar 1997	47.49%	-18.2%
Dec 1996	58.06%	+29.9%
Sep 1996	44.70%	+4.9%
Jun 1996	42.61%	-0.8%
Mar 1996	42.96%	-25.8%
Dec 1995	57.88%	+29.0%
Sep 1995	44.86%	-2.1%
Jun 1995	45.83%	-0.4%
Mar 1995	46.00%	-18.1%
Dec 1994	56.18%	+33.4%
Sep 1994	42.12%	+2.6%
Jun 1994	41.04%	+1.0%
Mar 1994	40.63%	-24.3%
Dec 1993	53.68%	+31.6%
Sep 1993	40.80%	+6.5%
Jun 1993	38.32%	-9.1%
Mar 1993	42.14%	-8.7%
Dec 1992	46.16%	+21.1%
Sep 1992	38.12%	+6.1%
Jun 1992	35.94%	+10.5%
Mar 1992	32.53%	-20.9%
Dec 1991	41.14%	+18.6%
Sep 1991	34.69%	+0.2%
Jun 1991	34.61%	+0.9%
Mar 1991	34.31%	-19.4%
Dec 1990	42.58%	+11.2%
Sep 1990	38.29%	+8.3%
Jun 1990	35.37%	-4.0%
Mar 1990	36.83%	+7.3%
Dec 1989	34.33%	-1.3%
Sep 1989	34.79%	-

FAQ

What is the current quarterly gross margin of TMO?
As of today, TMO quarterly gross margin is 41.29%
What is TMO quarterly gross margin most recent change?
TMO quarterly gross margin was up +1.35% on September 27, 2025
What is 1-year change in TMO quarterly gross margin?
TMO quarterly gross margin is up +1.03% year-over-year
How far is TMO quarterly gross margin from its all-time high?
TMO quarterly gross margin is currently -40.59% below its historical high of 69.50% set on September 30, 2000
How does TMO quarterly gross margin rank versus sector peers?
TMO quarterly gross margin is higher than 40.75% of companies in Healthcare sector
When is TMO next earnings release?
The next earnings release for TMO is on January 29, 2026

Gross Margin Formula

Gross Margin = Gross Profit

Revenue × 100%

Data Sources & References

TMO Official Website www.thermofisher.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/97745/000009774525000159/0000097745-25-000159-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/97745/000009774525000010/0000097745-25-000010-index.htm
TMO Profile on Yahoo Finance finance.yahoo.com/quote/TMO
TMO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tmo