Thermo Fisher Scientific Inc. (NYSE:TMO) is a prominent player in the scientific services industry, providing essential laboratory tools and technologies. These tools are crucial for developing various therapies, underscoring the company's significant role in healthcare and pharmaceuticals. On October 22, 2025, TMO reported impressive financial results, with earnings per share (EPS) of $5.79, surpassing the estimated $5.50.
The company's revenue for the third quarter reached approximately $11.12 billion, exceeding the forecasted $10.91 billion. This 5% revenue increase highlights Thermo Fisher's strong operational capabilities. The adjusted EPS grew by 10%, reflecting the company's ability to enhance profitability despite maintaining a consistent GAAP diluted EPS of $4.27 from the previous year.
Thermo Fisher's financial metrics provide insight into its market valuation. The company has a price-to-earnings (P/E) ratio of about 32.04, indicating how much investors are willing to pay for each dollar of earnings. The price-to-sales ratio is approximately 4.88, showing the market's valuation of its revenue. The enterprise value to sales ratio stands at 5.59, while the enterprise value to operating cash flow ratio is around 31.85.
The company's earnings yield is 3.12%, reflecting the earnings generated from each dollar invested in TMO's stock. With a debt-to-equity ratio of 0.70, Thermo Fisher maintains a moderate level of debt relative to its equity. Additionally, a current ratio of 1.93 indicates a strong ability to cover short-term liabilities with short-term assets, showcasing the company's financial stability.