Thermo Fisher Scientific Inc Capital Reinvestment Ratio
Thermo Fisher Scientific Inc capital reinvestment ratio. Thermo Fisher Scientific Inc (TMO) has a Capital Reinvestment Ratio of 0.18x as of September 2025, meaning it reinvests 0% of its operating cash flow ($2.24 Billion) in capital expenditures ($404.00 Million). Check how aggressively does Thermo Fisher Scientific Inc reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Thermo Fisher Scientific Inc (1989–2024)
Capital reinvestment ratio of Thermo Fisher Scientific Inc from 1989 to 2024. This chart tracks Thermo Fisher Scientific Inc's Capital Reinvestment Ratio across 36 annual periods. Also explore TMO net assets growth trend to track the company's year-over-year net asset growth rate.
Thermo Fisher Scientific Inc Capital Reinvestment Ratio by Year (1989–2024)
Thermo Fisher Scientific Inc capital reinvestment ratio by year from 1989 to 2024. For the full cash flow conversion analysis, see TMO cash flow conversion.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.16x | $8.67 Billion | $1.40 Billion | ▼ -8.2% |
| 2023 | 0.18x | $8.41 Billion | $1.48 Billion | ▼ -28.2% |
| 2022 | 0.25x | $9.15 Billion | $2.24 Billion | ▼ -7.3% |
| 2021 | 0.26x | $9.54 Billion | $2.52 Billion | ▲ +48.7% |
| 2020 | 0.18x | $8.29 Billion | $1.47 Billion | ▼ -4.5% |
| 2019 | 0.19x | $4.97 Billion | $926.00 Million | ▲ +11.6% |
| 2018 | 0.17x | $4.54 Billion | $758.00 Million | ▲ +31.5% |
| 2017 | 0.13x | $4.00 Billion | $508.00 Million | ▼ -9.9% |
| 2016 | 0.14x | $3.16 Billion | $444.40 Million | ▼ -6.2% |
| 2015 | 0.15x | $2.82 Billion | $422.90 Million | ▼ -8.0% |
| 2014 | 0.16x | $2.62 Billion | $427.60 Million | ▲ +16.2% |
| 2013 | 0.14x | $2.01 Billion | $282.40 Million | ▼ -9.1% |
| 2012 | 0.15x | $2.04 Billion | $315.10 Million | ▼ -2.0% |
| 2011 | 0.16x | $1.69 Billion | $266.50 Million | ▼ -11.1% |
| 2010 | 0.18x | $1.50 Billion | $265.50 Million | ▲ +41.7% |
| 2009 | 0.13x | $1.66 Billion | $207.50 Million | ▼ -32.8% |
| 2008 | 0.19x | $1.42 Billion | $264.40 Million | ▲ +57.4% |
| 2007 | 0.12x | $1.48 Billion | $175.50 Million | ▼ -37.5% |
| 2006 | 0.19x | $405.65 Million | $76.80 Million | ▲ +17.8% |
| 2005 | 0.16x | $270.91 Million | $43.55 Million | ▼ -14.9% |
| 2004 | 0.19x | $264.51 Million | $49.98 Million | ▼ -11.2% |
| 2003 | 0.21x | $216.72 Million | $46.14 Million | ▼ -57.2% |
| 2002 | 0.50x | $102.89 Million | $51.21 Million | ▲ +10.6% |
| 2001 | 0.45x | $188.40 Million | $84.80 Million | ▲ +21.5% |
| 2000 | 0.37x | $199.92 Million | $74.04 Million | ▼ -74.4% |
| 1999 | 1.45x | $337.12 Million | $488.00 Million | ▲ +18.5% |
| 1998 | 1.22x | $328.50 Million | $401.20 Million | ▼ -65.8% |
| 1997 | 3.57x | $269.00 Million | $960.70 Million | ▲ +544.0% |
| 1996 | 0.55x | $224.50 Million | $124.50 Million | ▲ +71.6% |
| 1995 | 0.32x | $194.60 Million | $62.90 Million | ▲ +9.6% |
| 1994 | 0.29x | $204.20 Million | $60.20 Million | ▼ -34.0% |
| 1993 | 0.45x | $126.70 Million | $56.60 Million | ▼ -59.1% |
| 1992 | 1.09x | $54.90 Million | $60.00 Million | ▼ -25.0% |
| 1991 | 1.46x | $23.00 Million | $33.50 Million | ▼ -77.4% |
| 1990 | 6.45x | $18.60 Million | $120.00 Million | ▲ +541.1% |
| 1989 | 1.01x | $47.60 Million | $47.90 Million | — |