Thermo Fisher Scientific
TMO
#48
Rank
$231.75 B
Marketcap
$607.14
Share price
2.13%
Change (1 day)
5.70%
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 July 2024 (TTM): 15.35%

According to Thermo Fisher Scientific's latest financial reports and stock price the company's current Operating Margin is 15.35%. At the end of 2023 the company had an Operating Margin of 14.70%.

Operating Margin history for Thermo Fisher Scientific from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202314.70%-15.76%
202217.44%-22.63%
202122.55%0.47%
202022.44%40.76%
201915.94%19.04%
201813.39%15.33%
201711.61%4.84%
201611.08%-2.94%
201511.41%-7.66%
201412.36%22.6%
201310.08%-0.66%
201210.15%3.54%
20119.80%-6.36%
201010.47%14.12%
20099.17%-14.65%
200810.74%18.83%
20079.04%63.75%
20065.52%-49.14%
200510.86%-7.6%
200411.75%0.25%
200311.72%-28.07%
200216.30%365.99%
20013.50%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.13%-7.95%๐Ÿ‡บ๐Ÿ‡ธ USA
8.33%-45.73%๐Ÿ‡บ๐Ÿ‡ธ USA
28.24% 83.97%๐Ÿ‡บ๐Ÿ‡ธ USA
-17.03%-210.94%๐Ÿ‡บ๐Ÿ‡ธ USA
27.49% 79.09%๐Ÿ‡บ๐Ÿ‡ธ USA
14.59%-4.95%๐Ÿ‡บ๐Ÿ‡ธ USA
20.16% 31.34%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ USA
21.11% 37.52%๐Ÿ‡บ๐Ÿ‡ธ USA
14.99%-2.35%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.