Thermo Fisher Scientific Inc. (TMO): return on equity, 10 filed years
ROE at Thermo Fisher Scientific Inc. was 12.6% in FY2025, the newest filed year. Across the 10 computed years from FY2016 it ranged from 8.8% (FY2017) to 18.9% (FY2021), with a median of 12.7%.
Tonight's figure on the company page: 12.6%, recomputed 2026-10-15. The table is each filed year on its own terms, with the formula below; the current figure may use trailing twelve months or, where the explainer says so, a different denominator.
Year by year
| Fiscal year | ROE | Read from |
|---|---|---|
| FY2016 | 9.4% | 10-K, filed 2017-02-28 |
| FY2017 | 8.8% | 10-K, filed 2018-02-28 |
| FY2018 | 10.7% | 10-K, filed 2019-02-27 |
| FY2019 | 12.5% | 10-K, filed 2020-02-26 |
| FY2020 | 18.5% | 10-K, filed 2021-02-25 |
| FY2021 | 18.9% | 10-K, filed 2022-02-24 |
| FY2022 | 15.8% | 10-K, filed 2023-02-23 |
| FY2023 | 12.8% | 10-K, filed 2024-02-22 |
| FY2024 | 12.8% | 10-K, filed 2025-02-20 |
| FY2025 | 12.6% | 10-K, filed 2026-02-26 |
How each year is computed
Net income / shareholders equity x 100
Each year is a ratio of lines in that year's filed annual report, with the nightly recompute's own rules for what counts as a filed line. Nothing is estimated, smoothed or filled in: a year that cannot be computed says why.
Read further
A computation on accounts filed with the SEC, not a recommendation and not advice. Past filings do not indicate future results. Risk disclaimer.