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TMO Thermo Fisher Scientific Inc

Thermo Fisher Scientific Inc EV/EBITDA

Data as of August 04, 2026

EV/EBITDA

26.89

Enterprise Value

$251.91B

EBITDA (TTM)

$9.37B

Sector

Life Sciences Tools & Services

How It's Calculated

EV/EBITDA = Enterprise Value ÷ EBITDA
26.89 = $251.91B ÷ $9.37B

What This Means

Thermo Fisher Scientific Inc's EV/EBITDA of 26.9 is elevated, which can reflect growth expectations, scarce assets, or cyclical EBITDA.

About Thermo Fisher Scientific Inc

Thermo Fisher Scientific Inc (TMO) operates in the Life Sciences Tools & Services sector, specifically in Life Sciences Tools & Services. With a market capitalization of about $213.42B, it ranks as a mega-cap stock — one of the largest publicly traded companies.

Shares recently traded near $574.03, within a 52-week range of $435.27 to $643.99 (-10.9% from the high, +31.9% from the low). Beta of 0.85 is broadly in line with typical market sensitivity.

Trailing profit margin is about 15.0%, signaling a solid profit margin for its industry.

Understanding This Metric

EV/EBITDA is widely used when comparing companies with different debt loads because enterprise value includes net debt while EBITDA approximates operating cash earnings power. For Thermo Fisher Scientific Inc, the ratio should be read with growth, capex needs, and cycle position in Life Sciences Tools & Services. Pair EV/EBITDA with free cash flow yield and net debt metrics before drawing conclusions — especially when EBITDA is depressed or boosted by one-time items.

Using This Number in Practice

Near 26.89x EV/EBITDA, Thermo Fisher Scientific Inc (TMO) carries an elevated EV/EBITDA multiple that may embed growth expectations or scarcity within its peer set. Enterprise value of about $251.91B and EBITDA near $9.37B form the ratio — adjust for one-time items before treating the headline multiple as comparable.

Credit and LBO workflows often sort names on EV/EBITDA before drilling into free cash flow and maintenance capex. Pair this view with the EV/EBITDA calculator and the TMO metrics hub for related valuation pages.

Sector Comparison

Among Life Sciences Tools & Services names on our S&P 100 coverage, Thermo Fisher Scientific Inc's EV/EBITDA of 26.89 can be compared with peers such as DHR (27.30). Sector context helps interpretation, but each company's growth profile and balance sheet differ — use multiple metrics before drawing conclusions. View all Life Sciences Tools & Services stocks.

Key Takeaways

Related Tools & Guides

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Frequently Asked Questions

What is TMO's EV/EBITDA?

EV/EBITDA compares enterprise value to operating earnings before interest, taxes, depreciation, and amortization. Thermo Fisher Scientific Inc's ratio is about 26.89 — common for comparing leveraged companies in Life Sciences Tools & Services.

Is 26.89 high or low vs peers?

Among Life Sciences Tools & Services peers (e.g. DHR (27.30)), TMO's 26.89 should be read with growth, capex, and debt levels.

When is EV/EBITDA misleading?

EBITDA ignores capex, working capital, and stock-based comp; negative or tiny EBITDA makes the ratio meaningless. Cross-check with free cash flow and net debt.

Calculate the ev/ebitda for any stock with our free calculator.

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Educational Disclaimer

This page displays publicly available market data for informational purposes only and should not be considered investment advice. Stock data may be delayed. Verify all data independently before making financial decisions.