THERMO FISHER SCIENTIFIC INC. Interest Expense 2008-2024 | TMO
What is interest expense?
Interest expense represents the cost of borrowing money, including interest paid on bonds, loans, and other debt obligations.
What is THERMO FISHER SCIENTIFIC INC.'s current interest expense?
THERMO FISHER SCIENTIFIC INC. (TMO) annual interest expense for 2023 was $1.38B, a 89.39% increase from 2022. THERMO FISHER SCIENTIFIC INC. interest expense for the quarter ending March 30, 2024 was $363.0M.
What was THERMO FISHER SCIENTIFIC INC.'s interest expense in 2022?
THERMO FISHER SCIENTIFIC INC. annual interest expense for 2022 was $726.0M, a 35.45% increase from 2021.
What was THERMO FISHER SCIENTIFIC INC.'s interest expense in 2021?
THERMO FISHER SCIENTIFIC INC. annual interest expense for 2021 was $536.0M, a 3.07% decline from 2020.
What is THERMO FISHER SCIENTIFIC INC.'s 5-year interest expense CAGR?
THERMO FISHER SCIENTIFIC INC. interest expense grew at a compound annual growth rate (CAGR) of 15.57% from FY2018 to FY2023, going from $667.0M to $1.38B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2023 | $1.38B | +89.4% | 10-K |
| FY2022 | $726.0M | +35.4% | 10-K |
| FY2021 | $536.0M | -3.1% | 10-K |
| FY2020 | $553.0M | -18.2% | 10-K |
| FY2019 | $676.0M | +1.3% | 10-K |
| FY2018 | $667.0M | +12.7% | 10-K |
| FY2017 | $592.0M | +26.2% | 10-K |
| FY2016 | $469.0M | +13.0% | 10-K |
| FY2015 | $415.0M | -13.5% | 10-K |
| FY2014 | $479.9M | +83.1% | 10-K |
| FY2013 | $262.1M | +8.5% | 10-K |
| FY2012 | $241.6M | +37.8% | 10-K |
| FY2011 | $175.3M | +107.0% | 10-K |
| FY2010 | $84.7M | -28.2% | 10-K |
| FY2009 | $118.0M | -22.1% | 10-K |
| FY2008 | $151.5M | - | 10-K |