Thermo Net Income from 2010 to 2024

TMO Stock  USD 577.39  2.80  0.49%   
Thermo Fisher Net Income yearly trend continues to be very stable with very little volatility. Net Income is likely to grow to about 6.3 B this year. During the period from 2010 to 2024, Thermo Fisher Net Income quarterly data regression pattern had sample variance of 6309910.5 T and median of  2,225,000,000. View All Fundamentals
 
Net Income  
First Reported
1989-09-30
Previous Quarter
1.6 B
Current Value
1.3 B
Quarterly Volatility
556.2 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Thermo Fisher financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Thermo main balance sheet or income statement drivers, such as Depreciation And Amortization of 3.6 B, Total Revenue of 45 B or Gross Profit of 18.4 B, as well as many exotic indicators such as Price To Sales Ratio of 5.02, Dividend Yield of 0.0036 or PTB Ratio of 4.6. Thermo financial statements analysis is a perfect complement when working with Thermo Fisher Valuation or Volatility modules.
  
This module can also supplement Thermo Fisher's financial leverage analysis and stock options assessment as well as various Thermo Fisher Technical models . Check out the analysis of Thermo Fisher Correlation against competitors.

Latest Thermo Fisher's Net Income Growth Pattern

Below is the plot of the Net Income of Thermo Fisher Scientific over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Thermo Fisher Scientific financial statement analysis. It represents the amount of money remaining after all of Thermo Fisher Scientific operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Thermo Fisher's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Thermo Fisher's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported B10 Years Trend
Slightly volatile
   Net Income   
       Timeline  

Thermo Net Income Regression Statistics

Arithmetic Mean3,458,736,667
Geometric Mean2,043,380,677
Coefficient Of Variation72.63
Mean Deviation2,171,110,667
Median2,225,000,000
Standard Deviation2,511,953,521
Sample Variance6309910.5T
Range7.7B
R-Value0.92
Mean Square Error1062674.9T
R-Squared0.84
Slope515,904,107
Total Sum of Squares88338746.9T

Thermo Net Income History

20246.3 B
2023B
2022B
20217.7 B
20206.4 B
20193.7 B
20182.9 B

Other Fundumenentals of Thermo Fisher Scientific

Thermo Fisher Net Income component correlations

About Thermo Fisher Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Thermo Fisher income statement, its balance sheet, and the statement of cash flows. Thermo Fisher investors use historical funamental indicators, such as Thermo Fisher's Net Income, to determine how well the company is positioned to perform in the future. Although Thermo Fisher investors may use each financial statement separately, they are all related. The changes in Thermo Fisher's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Thermo Fisher's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Thermo Fisher Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Thermo Fisher. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net IncomeB6.3 B
Net Income Applicable To Common SharesB8.4 B
Net Income From Continuing Ops5.9 B3.5 B
Net Income Per Share 15.53  16.31 
Net Income Per E B T 0.95  1.00 

Currently Active Assets on Macroaxis

When determining whether Thermo Fisher Scientific offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Thermo Fisher's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Thermo Fisher Scientific Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Thermo Fisher Scientific Stock:
Check out the analysis of Thermo Fisher Correlation against competitors.
You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.

Complementary Tools for Thermo Stock analysis

When running Thermo Fisher's price analysis, check to measure Thermo Fisher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermo Fisher is operating at the current time. Most of Thermo Fisher's value examination focuses on studying past and present price action to predict the probability of Thermo Fisher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermo Fisher's price. Additionally, you may evaluate how the addition of Thermo Fisher to your portfolios can decrease your overall portfolio volatility.
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Competition Analyzer
Analyze and compare many basic indicators for a group of related or unrelated entities
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Equity Valuation
Check real value of public entities based on technical and fundamental data
Piotroski F Score
Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Is Thermo Fisher's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thermo Fisher. If investors know Thermo will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thermo Fisher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.054
Dividend Share
1.4
Earnings Share
15.46
Revenue Per Share
111.028
Quarterly Revenue Growth
(0.05)
The market value of Thermo Fisher Scientific is measured differently than its book value, which is the value of Thermo that is recorded on the company's balance sheet. Investors also form their own opinion of Thermo Fisher's value that differs from its market value or its book value, called intrinsic value, which is Thermo Fisher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thermo Fisher's market value can be influenced by many factors that don't directly affect Thermo Fisher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thermo Fisher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Thermo Fisher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thermo Fisher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.