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Thermo Fisher Scientific's revenue is $42.9 billion.

What is Thermo Fisher Scientific's revenue?

Thermo Fisher Scientific's annual revenue is $42.9B. Zippia's data science team found the following key financial metrics about Thermo Fisher Scientific after extensive research and analysis.
  • Thermo Fisher Scientific's revenue growth from 2004 to 2024 is 1,843.75%.
  • Thermo Fisher Scientific has 125,000 employees, and the revenue per employee ratio is $343,032.
  • Thermo Fisher Scientific's peak quarterly revenue was $11.8B in 2022(q1).
  • Thermo Fisher Scientific peak revenue was $44.9B in 2022.
  • Thermo Fisher Scientific annual revenue for 2023 was 42.9B, -4.58% growth from 2022.
  • Thermo Fisher Scientific annual revenue for 2024 was 42.9B, 0.05% growth from 2023.

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Most recent quarter revenue
$11.4B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$44.9B (2022)
Company peak revenue
Revenue / employee
$343,032
Company revenue / employee

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Most recent quarter revenue
$11.4B (Q4'2024)
Company most recent quarter revenue
Peak revenue
$44.9B (2022)
Company peak revenue
Revenue / employee
$343,032
Company revenue / employee

Thermo Fisher Scientific historical revenue

Thermo Fisher Scientific's peak revenue was $44.9B in 2022. The peak quarterly revenue was $11.8B in 2022(q1).

Thermo Fisher Scientific's revenue increased from $2.2b in 2004 to $42.9B currently. That's a 1,843.75% change in annual revenue.

Thermo Fisher Scientific annual revenue

$45B
$36B
$27B
$18B
$9B
$0
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024

Thermo Fisher Scientific annual revenue over time

Fiscal year / yearThermo Fisher Scientific revenue
2009$9.9B
2010$10.4B
2011$11.6B
2012$12.5B
2013$13.1B
2014$16.9B
2015$17.0B
2016$18.3B
2017$20.9B
2018$24.4B
2019$25.5B
2020$32.2B
2021$39.2B
2022$44.9B
2023$42.9B
2024$42.9B

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Thermo Fisher Scientific annual growth

Thermo Fisher Scientific saw the greatest revenue growth in 2007, when revenue increased by 157.05%.

Thermo Fisher Scientific had the lowest revenue growth in 2009, when revenue changed by -5.59%.

Thermo Fisher Scientific annual growth rate over time

YearThermo Fisher Scientific growth
2009
-6%
2010
5%
2011
11%
2012
8%
2013
5%
2014
29%
2015
0%
2016
8%
2017
14%
2018
16%
2019
5%
2020
26%
2021
22%
2022
15%
2023
-5%
2024
0%

Thermo Fisher Scientific quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$12B
$9B
$7B
$5B
$2B
$0
2020
2021
2022
2023
2024

Thermo Fisher Scientific quarterly growth rate over time

YearQ1Q2Q3Q4
2009$2.3B$2.5B$2.5B$2.8B
2010$2.6B$2.6B$2.6B$2.5B
2011$2.7B$2.9B$2.9B$3.1B
2012$3.1B$3.1B$3.1B$3.3B
2013$3.2B$3.2B$3.2B$3.5B
2014$3.9B$4.3B$4.2B$4.5B
2015$3.9B$4.3B$4.1B$4.7B
2016$4.3B$4.5B$4.5B$5.0B
2017$4.8B$5.0B$5.1B$6.0B
2018$5.9B$6.1B$5.9B$6.5B
2019$6.1B$6.3B$6.3B$6.8B
2020$6.2B$6.9B$8.5B$10.6B
2021$9.9B$9.3B$9.3B$10.7B
2022$11.8B$11.0B$10.7B$11.5B
2023$10.7B$10.7B$10.6B$10.9B
2024$10.3B$10.5B$10.6B$11.4B

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Thermo Fisher Scientific financial information

CEOMarc N. Casper
IndustryPharmaceuticals, Biotechnology & Life Sciences
Company TypePublic
Employees Number125,000
Date Founded1956
HeadquartersWaltham, Massachusetts
Number of Locations121
Revenue$42.9B
Net Income$6,950,000,000
Gross Proft$17.7B (2024)
PE Ratio17.24
Tax Rate0.1%
Market Capitalization$109.2B
Total Assets$97,154,000,000
TickerTMO

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Thermo Fisher Scientific financing

Thermo Fisher Scientific received early financing of $5.5B on 2021-10-06.

SeriesRound sizeDate
Post Ipo Debt$5.5B10/2021

Thermo Fisher Scientific competitors

Thermo Fisher Scientific's top competitor, John Deere, earned an annual revenue of $51.7B.

Thermo Fisher Scientific's smallest competitor is Dionex Corporation with revenue of $590.0M last year.

Thermo Fisher Scientific revenue FAQs

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Zippia gives an in-depth look into the details of Thermo Fisher Scientific, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Thermo Fisher Scientific. The employee data is based on information from people who have self-reported their past or current employments at Thermo Fisher Scientific. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Thermo Fisher Scientific. The data presented on this page does not represent the view of Thermo Fisher Scientific and its employees or that of Zippia.

Thermo Fisher Scientific may also be known as or be related to Thermo Fisher Scientific Inc, Thermo Fisher Scientific Inc., THERMO FISHER SCIENTIFIC INC., Thermo Fisher Scientific and fisher scientific.