Thermo Historical Income Statement

TMO Stock  USD 582.30  2.93  0.51%   
Historical analysis of Thermo Fisher income statement accounts such as Operating Income of 7.2 B, Ebit of 7.2 B, EBITDA of 7.2 B or Cost Of Revenue of 26.6 B can show how well Thermo Fisher Scientific performed in making a profits. Evaluating Thermo Fisher income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Thermo Fisher's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Thermo Fisher Scientific latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Thermo Fisher Scientific is a good buy for the upcoming year.
  
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.

About Thermo Income Statement Analysis

Thermo Fisher Scientific Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Thermo Fisher shareholders. The income statement also shows Thermo investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Thermo Fisher Income Statement Chart

Thermo Fisher Scientific Income Statement is one of the three primary financial statements used for reporting Thermo's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Thermo Fisher Scientific revenue and expense. Thermo Fisher Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Thermo Fisher's EBITDA is very stable compared to the past year. As of the 28th of March 2024, Cost Of Revenue is likely to grow to about 26.6 B, though Total Other Income Expense Net is likely to grow to (533 M).

Total Revenue

Total revenue comprises all receipts Thermo Fisher Scientific generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Thermo Fisher Scientific minus its cost of goods sold. It is profit before Thermo Fisher operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Thermo Fisher Scientific. It is also known as Thermo Fisher overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from Thermo Fisher Scientific operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Thermo Fisher Scientific is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Thermo Fisher's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Thermo Fisher Scientific current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
At this time, Thermo Fisher's EBITDA is very stable compared to the past year. As of the 28th of March 2024, Cost Of Revenue is likely to grow to about 26.6 B, though Total Other Income Expense Net is likely to grow to (533 M).
 2021 2022 2023 2024 (projected)
Total Revenue39.2B44.9B42.9B45.0B
Depreciation And Amortization2.1B3.7B3.4B3.6B

Thermo Fisher income statement Correlations

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0.890.840.760.880.650.650.520.890.850.65-0.410.69-0.190.910.80.570.520.07-0.140.420.68-0.820.76-0.22
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Thermo Fisher Account Relationship Matchups

Thermo Fisher income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization2.0B2.4B2.1B3.7B3.4B3.6B
Total Revenue25.5B32.2B39.2B44.9B42.9B45.0B
Gross Profit11.8B16.5B20.2B19.5B17.6B18.4B
Other Operating Expenses21.4B24.3B29.0B36.4B36.0B37.8B
Operating Income4.6B7.8B10.0B8.4B6.9B7.2B
Ebit4.6B7.8B10.0B8.4B6.9B7.2B
Ebitda6.6B10.2B12.2B12.1B6.9B7.2B
Cost Of Revenue13.7B15.7B19.0B25.4B25.3B26.6B
Total Operating Expenses7.6B8.6B10.0B11.0B10.7B11.2B
Income Before Tax4.1B7.2B8.8B7.8B6.3B6.6B
Total Other Income Expense Net(524M)(569M)(1.2B)(558M)(561M)(533.0M)
Net Income3.7B6.4B7.7B7.0B6.0B6.3B
Income Tax Expense374M850M1.1B703M(284M)(269.8M)
Interest Expense676M553M536M726M1.4B1.4B
Selling General Administrative6.1B6.9B6.8B7.1B8.6B9.0B
Research Development1.0B1.2B1.4B1.5B1.3B1.4B
Net Income Applicable To Common Shares3.7B6.4B7.7B7.0B8.0B8.4B
Net Income From Continuing Ops3.7B6.4B7.7B7.0B5.9B3.5B
Non Recurring(413M)99M197M114M131.1M137.7M
Tax Provision324M374M850M1.1B703M469.3M
Interest Income224M488M43M272M720M756M
Net Interest Income(452M)(488M)(493M)(454M)(534M)(560.7M)
Reconciled Depreciation2.3B2.3B2.6B3.4B3.4B2.9B

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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 World Market Map to better understand how to build diversified portfolios, which includes a position in Thermo Fisher Scientific. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

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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.
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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
15.47
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.