Thermo Fisher Scientific
TMO
#49
Rank
$219.76 B
Marketcap
$576.33
Share price
1.08%
Change (1 day)
5.03%
Change (1 year)

Thermo Fisher Scientific Inc., also known as Thermo Fisher, is an American technology company based in Waltham, Massachusetts. It describes itself as "the world's largest supplier of scientific applications."

Operating Margin for Thermo Fisher Scientific (TMO)

Operating Margin as of March 2024 (TTM): 14.17%

According to Thermo Fisher Scientific's latest financial reports and stock price the company's current Operating Margin is 14.17%. At the end of 2022 the company had an Operating Margin of 17.44%.

Operating Margin history for Thermo Fisher Scientific from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202217.44%-22.63%
202122.55%0.54%
202022.43%40.73%
201915.93%18.99%
201813.39%15.33%
201711.61%4.85%
201611.08%-2.97%
201511.41%-7.64%
201412.36%22.6%
201310.08%-0.66%
201210.15%5.61%
20119.61%-10.99%
201010.79%17.71%
20099.17%-16.26%
200810.95%21.1%
20079.04%63.75%
20065.52%-49.14%
200510.86%-7.6%
200411.75%12.71%
200310.43%-24.47%
200213.80%294.72%
20013.50%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
23.28% 64.29%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.01%-234.16%๐Ÿ‡บ๐Ÿ‡ธ USA
9.46%-33.24%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.37%-109.67%๐Ÿ‡บ๐Ÿ‡ธ USA
15.97% 12.70%๐Ÿ‡บ๐Ÿ‡ธ USA
28.67% 102.33%๐Ÿ‡บ๐Ÿ‡ธ USA
26.34% 85.89%๐Ÿ‡บ๐Ÿ‡ธ USA
25.82% 82.22%๐Ÿ‡บ๐Ÿ‡ธ USA
14.13%-0.28%๐Ÿ‡บ๐Ÿ‡ธ USA
-19.26%-235.92%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.