THERMO FISHER SCIENTIFIC INC. Income Tax Expense 2007-2026 | TMO
What is income tax expense?
Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.
What is THERMO FISHER SCIENTIFIC INC.'s current income tax expense?
THERMO FISHER SCIENTIFIC INC. (TMO) annual income tax expense for 2025 was $547.0M, a 16.74% decline from 2024. THERMO FISHER SCIENTIFIC INC. income tax expense for the quarter ending March 28, 2026 was $70.0M.
What was THERMO FISHER SCIENTIFIC INC.'s income tax expense in 2024?
THERMO FISHER SCIENTIFIC INC. annual income tax expense for 2024 was $657.0M, a 131.34% increase from 2023.
What was THERMO FISHER SCIENTIFIC INC.'s income tax expense in 2023?
THERMO FISHER SCIENTIFIC INC. annual income tax expense for 2023 was $284.0M, a 59.60% decline from 2022.
What is THERMO FISHER SCIENTIFIC INC.'s 5-year income tax expense CAGR?
THERMO FISHER SCIENTIFIC INC. income tax expense grew at a compound annual growth rate (CAGR) of 8.44% from FY2020 to FY2025, going from $850.0M to $547.0M over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2025 | $547.0M | -16.7% | 10-K |
| FY2024 | $657.0M | +131.3% | 10-K |
| FY2023 | $284.0M | -59.6% | 10-K |
| FY2022 | $703.0M | -36.6% | 10-K |
| FY2021 | $1.11B | +30.5% | 10-K |
| FY2020 | $850.0M | +127.3% | 10-K |
| FY2019 | $374.0M | +15.4% | 10-K |
| FY2018 | $324.0M | +61.2% | 10-K |
| FY2017 | $201.0M | +20200.0% | 10-K |
| FY2016 | $-1.0M | +97.7% | 10-K |
| FY2015 | $-44.0M | -123.0% | 10-K |
| FY2014 | $191.7M | +374.5% | 10-K |
| FY2013 | $40.4M | +267.3% | 10-K |
| FY2012 | $11.0M | -89.9% | 10-K |
| FY2011 | $109.4M | +7.7% | 10-K |
| FY2010 | $101.6M | +77.6% | 10-K |
| FY2009 | $57.2M | -62.5% | 10-K |
| FY2008 | $152.6M | +62.9% | 10-K |
| FY2007 | $93.7M | - | 10-K |