What is the current annual net margin of TMO?

As of today, TMO annual net margin is 15.16%

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

TMO annual net margin is up +2.57% year-over-year

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

TMO annual net margin is down -2.19% over the past 3 years

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

TMO annual net margin is currently -23.40% below its historical high of 19.79% set on December 31, 2020

How does TMO annual net margin rank versus sector peers?

TMO annual net margin is higher than 90.86% of companies in Healthcare sector

When is TMO next annual earnings release?

As of today, the next annual earnings release for TMO has not been scheduled

What is the current quarterly net margin of TMO?

As of today, TMO quarterly net margin is 16.13%

What is TMO quarterly net margin most recent change?

TMO quarterly net margin was up +10.71% on December 31, 2025

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

TMO quarterly net margin is up +0.75% year-over-year

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

TMO quarterly net margin is currently -31.91% below its historical high of 23.69% set on December 31, 2020

How does TMO quarterly net margin rank versus sector peers?

TMO quarterly net margin is higher than 89.69% of companies in Healthcare sector

When is TMO next earnings release?

The next earnings release for TMO is on April 22, 2026

TMO Net Margin History & Chart Since 1980

Annual Net Margin

15.16%0.38%+2.57%

December 31, 2025

Summary

Current Value: As of today, TMO annual net margin is 15.16%, up +2.57% on December 31, 2025
Historical Performance: TMO annual net margin is down -2.19% over the past 3 years, down -23.40% over the past 5 years
All-Time High Comparison: TMO annual net margin is currently -23.40% below its historical high of 19.79% set on December 31, 2020
3-Year Low Comparison: TMO annual net margin is +9.06% above its 3-year low of 13.90% reached on December 31, 2023
Sector Comparison: TMO annual net margin is higher than 90.86% of companies in Healthcare sector

Net Margin Chart

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Series

Performance

TMO Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Net Margin	Dec 31, 25	15.16%	+2.6%	-2.2%	-23.4%	+59.8%
Quarterly Net Margin	Dec 31, 25	16.13%	+0.8%	+17.3%	-31.9%	+50.8%
Price	Mar 12, 26	$475.73	-7.2%	-12.5%	+5.6%	+761.0%
PE Ratio	Mar 12, 26	26.82	-13.6%	-24.3%	+18.4%	+27.2%
Annual Revenue	Dec 31, 25	$44.56B	+3.9%	-0.8%	+38.3%	+328.7%
Annual Net Income	Dec 31, 25	$6.72B	+6.0%	-3.5%	+5.4%	+581.6%
Annual Gross Margin	Dec 31, 25	37.66%	-8.9%	-11.0%	-24.3%	-8.4%
Annual Operating Margin	Dec 31, 25	18.20%	+1.9%	-4.1%	-25.7%	+49.5%

Net Margin Highs

TMO Annual Net Margin Highs Comparison
Period	High	Date	Current
3Y	15.50%	N/A	-2.2%
5Y	19.79%	N/A	-23.4%
All	19.79%	Dec 31, 20	-23.4%

Net Margin Lows

TMO Annual Net Margin Lows Comparison
Period	Low	Date	Current
3Y	13.90%	Dec 31, 23	+9.1%
5Y	13.90%	Dec 31, 23	+9.1%
All	0.03%	Dec 1, 83	>+9999.0%

Net Margin History

Year	Value	Change
2025	15.16%	+2.6%
2024	14.78%	+6.3%
2023	13.90%	-10.3%
2022	15.50%	-21.4%
2021	19.71%	-0.4%
2020	19.79%	+36.8%
2019	14.47%	+20.0%
2018	12.06%	+13.2%
2017	10.65%	-3.9%
2016	11.08%	-5.1%
2015	11.67%	+4.0%
2014	11.22%	+14.8%
2013	9.77%	-2.9%
2012	10.06%	+13.7%
2011	8.85%	-6.7%
2010	9.49%	+12.8%
2009	8.41%	-10.7%
2008	9.42%	+17.8%
2007	8.00%	+82.2%
2006	4.39%	-41.7%
2005	7.53%	-23.9%
2004	9.90%	+20.3%
2003	8.23%	-12.0%

Year	Value	Change
2002	9.35%	+367.5%
2001	2.00%	-37.1%
2000	3.18%	+1,666.7%
1999	0.18%	-96.8%
1998	5.71%	-35.3%
1997	8.82%	-1.9%
1996	8.99%	-1.1%
1995	9.09%	+7.2%
1994	8.48%	+8.4%
1993	7.82%	-0.4%
1992	7.85%	+16.5%
1991	6.74%	+16.4%
1990	5.79%	+20.4%
1989	4.81%	+8.8%
1988	4.42%	-15.0%
1987	5.20%	+20.4%
1986	4.32%	+19.3%
1985	3.62%	+39.8%
1984	2.59%	+8,533.3%
1983	0.03%	-97.5%
1982	1.19%	-66.5%
1981	3.55%	-14.5%
1980	4.15%	-

FAQ

What is the current annual net margin of TMO?
As of today, TMO annual net margin is 15.16%
What is 1-year change in TMO annual net margin?
TMO annual net margin is up +2.57% year-over-year
What is 3-year change in TMO annual net margin?
TMO annual net margin is down -2.19% over the past 3 years
How far is TMO annual net margin from its all-time high?
TMO annual net margin is currently -23.40% below its historical high of 19.79% set on December 31, 2020
How does TMO annual net margin rank versus sector peers?
TMO annual net margin is higher than 90.86% of companies in Healthcare sector
When is TMO next annual earnings release?
As of today, the next annual earnings release for TMO has not been scheduled

Quarterly Net Margin

16.13%1.56%+10.71%

December 31, 2025

Summary

Current Value: As of today, TMO quarterly net margin is 16.13%, up +10.71% on December 31, 2025
Historical Performance: TMO quarterly net margin is up +0.75% year-over-year, up +17.31% over the past 3 years
All-Time High Comparison: TMO quarterly net margin is currently -31.91% below its historical high of 23.69% set on December 31, 2020
3-Year Low Comparison: TMO quarterly net margin is +33.75% above its 3-year low of 12.06% reached on an earlier date
Sector Comparison: TMO quarterly net margin is higher than 89.69% of companies in Healthcare sector

Performance

TMO Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Net Margin	Dec 31, 25	16.13%	+10.7%	+0.8%	+17.3%	-31.9%
Annual Net Margin	Dec 31, 25	15.16%	–	+2.6%	-2.2%	-23.4%
Price	Mar 12, 26	$475.73	-16.9%	-7.2%	-12.5%	+5.6%
PE Ratio	Mar 12, 26	26.82	-18.9%	-13.6%	-24.3%	+18.4%
Quarterly Revenue	Dec 31, 25	$12.22B	+9.8%	+7.2%	+6.7%	+15.8%
Quarterly Net Income	Dec 31, 25	$1.97B	+21.5%	+8.0%	+25.2%	-21.2%
Quarterly Gross Margin	Dec 31, 25	38.29%	-7.3%	-2.3%	+5.5%	-23.6%
Quarterly Operating Margin	Dec 31, 25	20.09%	+3.7%	+0.9%	+15.9%	-32.4%

Quarterly Net Margin Highs

TMO Quarterly Net Margin Highs Comparison
Period	High	Date	Current
1Y	16.13%	Dec 31, 25	at high
3Y	16.13%	Dec 31, 25	at high
5Y	23.59%	N/A	-31.6%
All	23.69%	Dec 31, 20	-31.9%

Quarterly Net Margin Lows

TMO Quarterly Net Margin Lows Comparison
Period	Low	Date	Current
1Y	14.57%	Sep 27, 25	+10.7%
3Y	12.06%	N/A	+33.8%
5Y	12.06%	Mar 1, 23	+33.8%
All	-17.18%	Jun 1, 99	+193.9%

Quarterly Net Margin History

Month	Value	Change
Dec 2025	16.13%	+10.7%
Sep 2025	14.57%	-2.3%
Jun 2025	14.91%	+2.3%
Mar 2025	14.58%	-8.9%
Dec 2024	16.01%	+4.1%
Sep 2024	15.38%	+4.3%
Jun 2024	14.74%	+14.5%
Mar 2024	12.87%	-12.7%
Dec 2023	14.75%	-8.0%
Sep 2023	16.03%	+25.8%
Jun 2023	12.74%	+5.6%
Mar 2023	12.06%	-12.3%
Dec 2022	13.75%	-2.0%
Sep 2022	14.03%	-7.8%
Jun 2022	15.21%	-19.0%
Mar 2022	18.78%	+21.2%
Dec 2021	15.50%	-24.0%
Sep 2021	20.39%	+3.5%
Jun 2021	19.71%	-16.4%
Mar 2021	23.59%	-0.4%
Dec 2020	23.69%	+4.4%
Sep 2020	22.69%	+35.8%
Jun 2020	16.71%	+32.1%
Mar 2020	12.65%	-13.8%
Dec 2019	14.67%	+21.0%
Sep 2019	12.12%	-31.6%
Jun 2019	17.72%	+33.1%
Mar 2019	13.31%	-3.6%
Dec 2018	13.80%	+15.2%
Sep 2018	11.98%	-3.2%
Jun 2018	12.37%	+25.1%
Mar 2018	9.89%	+12.9%
Dec 2017	8.76%	-16.1%
Sep 2017	10.44%	-15.0%
Jun 2017	12.28%	+6.1%
Mar 2017	11.57%	-9.4%
Dec 2016	12.77%	+21.2%
Sep 2016	10.54%	-7.5%
Jun 2016	11.40%	+21.7%
Mar 2016	9.37%	-28.1%
Dec 2015	13.03%	+12.5%
Sep 2015	11.58%	-3.3%
Jun 2015	11.98%	+21.9%
Mar 2015	9.83%	-26.9%
Dec 2014	13.44%	+19.4%
Sep 2014	11.26%	+74.8%
Jun 2014	6.44%	-53.7%
Mar 2014	13.91%	+40.6%
Dec 2013	9.89%	-0.6%
Sep 2013	9.95%	+16.1%
Jun 2013	8.57%	-19.8%
Mar 2013	10.68%	-9.8%
Dec 2012	11.84%	+22.1%
Sep 2012	9.70%	+3.1%
Jun 2012	9.41%	+5.4%
Mar 2012	8.93%	-3.4%
Dec 2011	9.24%	+3.6%
Sep 2011	8.92%	+18.8%
Jun 2011	7.51%	-17.3%
Mar 2011	9.08%	-15.1%
Dec 2010	10.70%	+6.9%
Sep 2010	10.01%	+11.8%
Jun 2010	8.95%	+4.2%
Mar 2010	8.59%	-11.0%
Dec 2009	9.65%	+10.4%
Sep 2009	8.74%	+5.0%
Jun 2009	8.32%	+26.3%
Mar 2009	6.59%	-40.0%
Dec 2008	10.99%	+30.4%
Sep 2008	8.43%	-7.3%
Jun 2008	9.09%	-0.5%
Mar 2008	9.14%	+2.2%
Dec 2007	8.94%	-1.8%
Sep 2007	9.10%	+15.5%
Jun 2007	7.88%	+32.7%
Mar 2007	5.94%	+298.7%
Dec 2006	1.49%	-77.9%
Sep 2006	6.74%	-1.7%
Jun 2006	6.86%	+7.7%
Mar 2006	6.37%	-14.7%
Dec 2005	7.47%	+24.9%
Sep 2005	5.98%	-31.1%
Jun 2005	8.68%	+6.5%
Mar 2005	8.15%	-41.5%

Month	Value	Change
Dec 2004	13.94%	+77.4%
Sep 2004	7.86%	-18.4%
Jun 2004	9.63%	+30.0%
Mar 2004	7.41%	-12.1%
Dec 2003	8.43%	+7.5%
Sep 2003	7.84%	-23.8%
Jun 2003	10.29%	+63.9%
Mar 2003	6.28%	-15.9%
Dec 2002	7.47%	-0.9%
Sep 2002	7.54%	-22.4%
Jun 2002	9.72%	-26.2%
Mar 2002	13.17%	+721.2%
Dec 2001	-2.12%	-141.5%
Sep 2001	5.11%	+170.4%
Jun 2001	1.89%	-50.3%
Mar 2001	3.80%	+25.0%
Dec 2000	3.04%	+27.2%
Sep 2000	2.39%	-27.8%
Jun 2000	3.31%	-7.5%
Mar 2000	3.58%	+30.7%
Sep 1999	2.74%	+115.9%
Jun 1999	-17.18%	-635.2%
Mar 1999	3.21%	-25.0%
Dec 1998	4.28%	+224.2%
Sep 1998	1.32%	-83.6%
Jun 1998	8.05%	-15.6%
Mar 1998	9.54%	+178.3%
Dec 1997	-12.18%	-279.1%
Sep 1997	6.80%	+5.9%
Jun 1997	6.42%	-5.9%
Mar 1997	6.82%	+1.0%
Dec 1996	6.75%	-2.5%
Sep 1996	6.92%	+15.0%
Jun 1996	6.02%	-4.1%
Mar 1996	6.28%	-0.6%
Dec 1995	6.32%	-5.4%
Sep 1995	6.68%	+8.3%
Jun 1995	6.17%	0.0%
Mar 1995	6.17%	-7.8%
Dec 1994	6.69%	-1.8%
Sep 1994	6.81%	+11.1%
Jun 1994	6.13%	-4.5%
Mar 1994	6.42%	-3.9%
Dec 1993	6.68%	+1.8%
Sep 1993	6.56%	+11.9%
Jun 1993	5.86%	+11.4%
Mar 1993	5.26%	-10.2%
Dec 1992	5.86%	-8.2%
Sep 1992	6.38%	-3.6%
Jun 1992	6.62%	+7.5%
Mar 1992	6.16%	-4.5%
Dec 1991	6.45%	-8.9%
Sep 1991	7.08%	+34.6%
Jun 1991	5.26%	+22.9%
Mar 1991	4.28%	-7.8%
Dec 1990	4.64%	-11.3%
Sep 1990	5.23%	+9.9%
Jun 1990	4.76%	+5.8%
Mar 1990	4.50%	-6.4%
Dec 1989	4.81%	-3.0%
Sep 1989	4.96%	+33.7%
Jun 1989	3.71%	+6.0%
Mar 1989	3.50%	-13.8%
Dec 1988	4.06%	-7.3%
Sep 1988	4.38%	+18.1%
Jun 1988	3.71%	-4.4%
Mar 1988	3.88%	-39.2%
Dec 1987	6.38%	+36.6%
Sep 1987	4.67%	+6.1%
Jun 1987	4.40%	+7.8%
Mar 1987	4.08%	-17.9%
Dec 1986	4.97%	+14.5%
Sep 1986	4.34%	-1.1%
Jun 1986	4.39%	+27.2%
Mar 1986	3.45%	-25.2%
Dec 1985	4.61%	+26.3%
Sep 1985	3.65%	+4.6%
Jun 1985	3.49%	+28.8%
Mar 1985	2.71%	-8.1%
Dec 1984	2.95%	+12.2%
Sep 1984	2.63%	-0.8%
Jun 1984	2.65%	+16.7%
Mar 1984	2.27%	-

FAQ

What is the current quarterly net margin of TMO?
As of today, TMO quarterly net margin is 16.13%
What is TMO quarterly net margin most recent change?
TMO quarterly net margin was up +10.71% on December 31, 2025
What is 1-year change in TMO quarterly net margin?
TMO quarterly net margin is up +0.75% year-over-year
How far is TMO quarterly net margin from its all-time high?
TMO quarterly net margin is currently -31.91% below its historical high of 23.69% set on December 31, 2020
How does TMO quarterly net margin rank versus sector peers?
TMO quarterly net margin is higher than 89.69% of companies in Healthcare sector
When is TMO next earnings release?
The next earnings release for TMO is on April 22, 2026

Net Margin Formula

Net Margin = Net Income

Revenue × 100%

Data Sources & References

TMO Official Website www.thermofisher.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/97745/000009774526000012/0000097745-26-000012-index.htm
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/97745/000009774526000012/0000097745-26-000012-index.htm
TMO Profile on Yahoo Finance finance.yahoo.com/quote/TMO
TMO Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/tmo