Thermo Fisher Scientific Inc (TMO) — Free Cash Flow Generation Index
Thermo Fisher Scientific Inc (TMO) has a Free Cash Flow Generation Index of 0.82x as of September 2025. Free cash flow of $1.83 Billion represents 1% of operating cash flow ($2.24 Billion). See working capital to net assets of Thermo Fisher Scientific Inc to evaluate short-term liquidity relative to the company's equity base.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Thermo Fisher Scientific Inc Free Cash Flow Generation Index (1989–2024)
Historical FCF Generation Index trend for Thermo Fisher Scientific Inc across 36 annual periods. Explore TMO operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
Annual Free Cash Flow Generation for Thermo Fisher Scientific Inc (1989–2024)
Year-by-year Free Cash Flow Generation Index for Thermo Fisher Scientific Inc. For the full company profile including market capitalisation, see TMO market cap.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2024 | 0.84x | $7.27 Billion | $8.67 Billion | $1.40 Billion | ▲ +1.7% |
| 2023 | 0.82x | $6.93 Billion | $8.41 Billion | $1.48 Billion | ▲ +9.2% |
| 2022 | 0.75x | $6.91 Billion | $9.15 Billion | $2.24 Billion | ▲ +2.6% |
| 2021 | 0.74x | $7.02 Billion | $9.54 Billion | $2.52 Billion | ▼ -10.5% |
| 2020 | 0.82x | $6.82 Billion | $8.29 Billion | $1.47 Billion | ▲ +1.0% |
| 2019 | 0.81x | $4.05 Billion | $4.97 Billion | $926.00 Million | ▼ -2.3% |
| 2018 | 0.83x | $3.79 Billion | $4.54 Billion | $758.00 Million | ▼ -4.6% |
| 2017 | 0.87x | $3.50 Billion | $4.00 Billion | $508.00 Million | ▲ +1.6% |
| 2016 | 0.86x | $2.71 Billion | $3.16 Billion | $444.40 Million | ▲ +1.1% |
| 2015 | 0.85x | $2.39 Billion | $2.82 Billion | $422.90 Million | ▲ +1.6% |
| 2014 | 0.84x | $2.19 Billion | $2.62 Billion | $427.60 Million | ▼ -2.7% |
| 2013 | 0.86x | $1.73 Billion | $2.01 Billion | $282.40 Million | ▲ +1.7% |
| 2012 | 0.85x | $1.72 Billion | $2.04 Billion | $315.10 Million | ▲ +0.4% |
| 2011 | 0.84x | $1.42 Billion | $1.69 Billion | $266.50 Million | ▲ +2.4% |
| 2010 | 0.82x | $1.23 Billion | $1.50 Billion | $265.50 Million | ▼ -6.0% |
| 2009 | 0.87x | $1.45 Billion | $1.66 Billion | $207.50 Million | ▲ +7.5% |
| 2008 | 0.81x | $1.16 Billion | $1.42 Billion | $264.40 Million | ▼ -7.7% |
| 2007 | 0.88x | $1.31 Billion | $1.48 Billion | $175.50 Million | ▲ +8.8% |
| 2006 | 0.81x | $328.86 Million | $405.65 Million | $76.80 Million | ▼ -3.4% |
| 2005 | 0.84x | $227.37 Million | $270.91 Million | $43.55 Million | ▲ +3.5% |
| 2004 | 0.81x | $214.53 Million | $264.51 Million | $49.98 Million | ▲ +3.0% |
| 2003 | 0.79x | $170.58 Million | $216.72 Million | $46.14 Million | ▲ +56.7% |
| 2002 | 0.50x | $51.68 Million | $102.89 Million | $51.21 Million | ▼ -8.7% |
| 2001 | 0.55x | $103.60 Million | $188.40 Million | $84.80 Million | ▼ -12.7% |
| 2000 | 0.63x | $125.88 Million | $199.92 Million | $74.04 Million | ▲ +240.7% |
| 1999 | -0.45x | $-150.88 Million | $337.12 Million | $488.00 Million | ▼ -102.2% |
| 1998 | -0.22x | $-72.70 Million | $328.50 Million | $401.20 Million | ▲ +91.4% |
| 1997 | -2.57x | $-691.70 Million | $269.00 Million | $960.70 Million | ▼ -677.3% |
| 1996 | 0.45x | $100.00 Million | $224.50 Million | $124.50 Million | ▼ -34.2% |
| 1995 | 0.68x | $131.70 Million | $194.60 Million | $62.90 Million | ▼ -4.0% |
| 1994 | 0.71x | $144.00 Million | $204.20 Million | $60.20 Million | ▲ +27.5% |
| 1993 | 0.55x | $70.10 Million | $126.70 Million | $56.60 Million | ▲ +695.6% |
| 1992 | -0.09x | $-5.10 Million | $54.90 Million | $60.00 Million | ▲ +79.7% |
| 1991 | -0.46x | $-10.50 Million | $23.00 Million | $33.50 Million | ▲ +91.6% |
| 1990 | -5.45x | $-101.40 Million | $18.60 Million | $120.00 Million | ▼ -86398.9% |
| 1989 | -0.01x | $-300.00K | $47.60 Million | $47.90 Million | — |