THERMO FISHER SCIENTIFIC INC. Net Income 2007-2025 | TMO
What is net income?
Net income can be defined as the company's total earnings or profit. It is calculated as revenues minus all expenses including cost of goods sold, operating expenses, interest, and taxes.
What is THERMO FISHER SCIENTIFIC INC.'s current net income?
THERMO FISHER SCIENTIFIC INC. (TMO) annual net income for 2024 was $6.34B, a 6.43% increase from 2023. THERMO FISHER SCIENTIFIC INC. net income for the quarter ending September 27, 2025 was $1.62B.
What was THERMO FISHER SCIENTIFIC INC.'s net income in 2023?
THERMO FISHER SCIENTIFIC INC. annual net income for 2023 was $5.96B, a 14.44% decline from 2022.
What was THERMO FISHER SCIENTIFIC INC.'s net income in 2022?
THERMO FISHER SCIENTIFIC INC. annual net income for 2022 was $6.96B, a 9.94% decline from 2021.
What is THERMO FISHER SCIENTIFIC INC.'s 5-year net income CAGR?
THERMO FISHER SCIENTIFIC INC. net income grew at a compound annual growth rate (CAGR) of 11.39% from FY2019 to FY2024, going from $3.70B to $6.34B over 5 years.
Year-over-year comparison from 10-K annual reports
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $6.34B | +6.4% | 10-K |
| FY2023 | $5.96B | -14.4% | 10-K |
| FY2022 | $6.96B | -9.9% | 10-K |
| FY2021 | $7.73B | +21.2% | 10-K |
| FY2020 | $6.38B | +72.5% | 10-K |
| FY2019 | $3.70B | +25.8% | 10-K |
| FY2018 | $2.94B | +32.0% | 10-K |
| FY2017 | $2.23B | +10.0% | 10-K |
| FY2016 | $2.02B | +2.4% | 10-K |
| FY2015 | $1.98B | +4.3% | 10-K |
| FY2014 | $1.89B | +48.8% | 10-K |
| FY2013 | $1.27B | +8.1% | 10-K |
| FY2012 | $1.18B | -11.4% | 10-K |
| FY2011 | $1.33B | +28.4% | 10-K |
| FY2010 | $1.04B | +21.8% | 10-K |
| FY2009 | $850.3M | -13.3% | 10-K |
| FY2008 | $980.9M | +31.1% | 10-K |
| FY2007 | $748.4M | - | 10-K |