Thermo Fisher Scientific Inc (TMO) — Financial Flexibility Index
Thermo Fisher Scientific Inc (TMO) has a Financial Flexibility Index of 0.05x as of September 2025. Free cash flow of $2.64 Billion (operating CF $2.24 Billion minus capex $404.00 Million) represents 0% of total liabilities ($52.00 Billion). Also explore net asset growth rate of Thermo Fisher Scientific Inc to track the company's year-over-year net asset growth rate.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Thermo Fisher Scientific Inc Financial Flexibility Index (1989–2024)
Historical Financial Flexibility Index trend for Thermo Fisher Scientific Inc across 36 annual periods. Check how strategically is Thermo Fisher Scientific Inc's equity deployed to assess the company's strategic physical and investment asset allocation.
Annual Financial Flexibility Index for Thermo Fisher Scientific Inc (1989–2024)
Year-by-year free cash flow to debt coverage for Thermo Fisher Scientific Inc. For the full company profile including market capitalisation, see TMO market cap.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.21x | $10.07 Billion | $8.67 Billion | $47.65 Billion | ▲ +10.9% |
| 2023 | 0.19x | $9.88 Billion | $8.41 Billion | $51.88 Billion | ▼ -11.4% |
| 2022 | 0.22x | $11.40 Billion | $9.15 Billion | $53.01 Billion | ▼ -3.5% |
| 2021 | 0.22x | $12.07 Billion | $9.54 Billion | $54.15 Billion | ▼ -21.2% |
| 2020 | 0.28x | $9.76 Billion | $8.29 Billion | $34.53 Billion | ▲ +37.6% |
| 2019 | 0.21x | $5.90 Billion | $4.97 Billion | $28.71 Billion | ▲ +11.0% |
| 2018 | 0.19x | $5.30 Billion | $4.54 Billion | $28.65 Billion | ▲ +28.2% |
| 2017 | 0.14x | $4.51 Billion | $4.00 Billion | $31.26 Billion | ▼ -2.3% |
| 2016 | 0.15x | $3.60 Billion | $3.16 Billion | $24.37 Billion | ▼ -11.1% |
| 2015 | 0.17x | $3.24 Billion | $2.82 Billion | $19.48 Billion | ▲ +21.7% |
| 2014 | 0.14x | $3.05 Billion | $2.62 Billion | $22.30 Billion | ▼ -10.6% |
| 2013 | 0.15x | $2.29 Billion | $2.01 Billion | $15.01 Billion | ▼ -22.3% |
| 2012 | 0.20x | $2.35 Billion | $2.04 Billion | $11.98 Billion | ▲ +18.4% |
| 2011 | 0.17x | $1.96 Billion | $1.69 Billion | $11.80 Billion | ▼ -43.3% |
| 2010 | 0.29x | $1.76 Billion | $1.50 Billion | $6.03 Billion | ▼ -3.3% |
| 2009 | 0.30x | $1.87 Billion | $1.66 Billion | $6.17 Billion | ▲ +10.7% |
| 2008 | 0.27x | $1.68 Billion | $1.42 Billion | $6.16 Billion | ▲ +10.7% |
| 2007 | 0.25x | $1.66 Billion | $1.48 Billion | $6.72 Billion | ▲ +276.2% |
| 2006 | 0.07x | $482.45 Million | $405.65 Million | $7.35 Billion | ▼ -69.6% |
| 2005 | 0.22x | $314.46 Million | $270.91 Million | $1.46 Billion | ▼ -37.5% |
| 2004 | 0.35x | $314.50 Million | $264.51 Million | $911.17 Million | ▲ +32.1% |
| 2003 | 0.26x | $262.86 Million | $216.72 Million | $1.01 Billion | ▲ +173.6% |
| 2002 | 0.10x | $154.10 Million | $102.89 Million | $1.61 Billion | ▼ -33.2% |
| 2001 | 0.14x | $273.20 Million | $188.40 Million | $1.91 Billion | ▲ +20.3% |
| 2000 | 0.12x | $273.96 Million | $199.92 Million | $2.30 Billion | ▼ -59.7% |
| 1999 | 0.30x | $825.12 Million | $337.12 Million | $2.80 Billion | ▲ +35.1% |
| 1998 | 0.22x | $729.70 Million | $328.50 Million | $3.34 Billion | ▼ -47.0% |
| 1997 | 0.41x | $1.23 Billion | $269.00 Million | $2.99 Billion | ▲ +210.0% |
| 1996 | 0.13x | $349.00 Million | $224.50 Million | $2.63 Billion | ▲ +0.9% |
| 1995 | 0.13x | $257.50 Million | $194.60 Million | $1.96 Billion | ▼ -15.3% |
| 1994 | 0.16x | $264.40 Million | $204.20 Million | $1.70 Billion | ▲ +12.1% |
| 1993 | 0.14x | $183.30 Million | $126.70 Million | $1.32 Billion | ▲ +32.1% |
| 1992 | 0.10x | $114.90 Million | $54.90 Million | $1.10 Billion | ▲ +9.6% |
| 1991 | 0.10x | $56.50 Million | $23.00 Million | $590.50 Million | ▼ -65.6% |
| 1990 | 0.28x | $138.60 Million | $18.60 Million | $498.40 Million | ▲ +5.2% |
| 1989 | 0.26x | $95.50 Million | $47.60 Million | $361.40 Million | — |