CSIMarket
 


Thermo Fisher Scientific Inc   (TMO)
Other Ticker:  
 
 

TMO's Operating Income Growth by Quarter and Year

Thermo Fisher Scientific Inc 's Operating Income results by quarter and year




TMO Operating Income (in millions $) FY 2023 FY 2022 FY 2021 FY 2020
IV Quarter December 1,854.00 1,861.00 2,538.00 3,071.00
III Quarter September 1,864.00 1,710.00 2,278.00 2,426.00
II Quarter June 1,578.00 2,001.00 2,163.00 1,391.00
I Quarter March 1,563.00 2,821.00 3,049.00 906.00
FY   6,859.00 8,393.00 10,028.00 7,794.00



TMO Operating Income fourth quarter 2023 Y/Y Growth Comment
Thermo Fisher Scientific Inc reported decrease in Operating Income in the fourth quarter 2023 by -0.38% to $ 1,854.00 millions, from the same quarter in 2022.
The decrease in the fourth quarter 2023 Thermo Fisher Scientific Inc 's Operating Income compares unfavorably to the Company's average Operating Income rise of 25.37%.

Among companies who have reported fourth quarter 2023 results in the Scientific & Technical Instruments industry only one Company has achieved higher year on year Operating Income results in the fourth quarter 2023. While Thermo Fisher Scientific Inc ' s Operating Income decline of -0.38% ranks overall at the positon no. 842 in the fourth quarter 2023.

Explain Operating Income growth


TMO Operating Income ( Y/Y Growth %) 2023
2022 2021 2020
IV Quarter December -0.38 % -26.67 % -17.36 % 149.27 %
III Quarter September 9.01 % -24.93 % -6.1 % 156.45 %
II Quarter June -21.14 % -7.49 % 55.5 % -7.02 %
I Quarter March -44.59 % -7.48 % 236.53 % -1.52 %
FY   -18.28 % -16.3 % 28.66 % 69.66 %

Financial Statements
Thermo Fisher Scientific Inc 's fourth quarter 2023 Operating Income $ 1,854.00 millions TMO's Income Statement
Thermo Fisher Scientific Inc 's fourth quarter 2022 Operating Income $ 1,861.00 millions Quarterly TMO's Income Statement
New: More TMO's historic Operating Income Growth >>


TMO Operating Income (Quarter on Quarter Growth %)

2023
2022 2021 2020
IV Quarter December -0.54 % 8.83 % 11.41 % 26.59 %
III Quarter September 18.12 % -14.54 % 5.32 % 74.41 %
II Quarter June 0.96 % -29.07 % -29.06 % 53.53 %
I Quarter March -16.01 % 11.15 % -0.72 % -26.46 %
FY (Year on Year)   -18.28 % -16.3 % 28.66 % 69.66 %




Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Scientific & Technical Instruments Industry #2
Technology Sector #95
Overall #842

Operating Income Y/Y Growth Statistics
High Average Low
302.71 % 25.37 % -65.12 %
(Dec. 31, 2007)   (Dec 31 2013)
Operating Income fourth quarter 2023 Y/Y Growth Company Ranking
Within: No.
Scientific & Technical Instruments Industry #2
Technology Sector #95
Overall #842
Operating Income Y/Y Growth Statistics
High Average Low
302.71 % 25.37 % -65.12 %
(Dec. 31, 2007)   (Dec 31 2013)

Operating Income by Quarter for the Fiscal Years 2020, 2021, 2022, 2023

Thermo Fisher Scientific Inc 's Q/Q Operating Income Growth


Operating Income Q/Q Growth Statistics
High Average Low
617.11 % 12.29 % -64.28 %
(March 31, 2007)  


TMO's IV. Quarter Q/Q Operating Income Comment
In the IV. Quarter 2023 Thermo Fisher Scientific Inc realized decrease in Operating Income from the third quarter by -0.54% to $ 1,854.00 millions, from $ 1,864.00 millions released a quarter before.

Even cyclical factors which normally energize IV. Quarter 2023 results, have not recover the IV. Quarter for the Thermo Fisher Scientific Inc , Bruno Fernandez Ramos, Technology sector veteran from Barcelona pointed out, he voiced some skepticism conserning TMO's direction, he identified new challenges ahead for TMO and wrote that average sequential Operating Income growth is at 12.29% for TMO.

Within Scientific & Technical Instruments industry only one company achieved higher sequential Operating Income growth. While Thermo Fisher Scientific Inc 's Operating Income growth quarter on quarter, overall rank is 596.


Operating Income Q/Q Growth Company Ranking
Within: No.
Scientific & Technical Instruments Industry #2
Technology Sector #85
Overall #596
Operating Income Q/Q Growth Company Ranking
Within: No.
Scientific & Technical Instruments Industry #2
Technology Sector #85
Overall #596
Operating Income Q/Q Growth Statistics
High Average Low
617.11 % 12.29 % -64.28 %
(March 31, 2007)  


TMO's IV. Quarter Q/Q Operating Income Comment
In the IV. Quarter 2023 Thermo Fisher Scientific Inc realized decrease in Operating Income sequentially by -0.54% to $ 1,854.00 millions, from $ 1,864.00 millions achived a quarter before.

Some cyclical influence that commonly fuel IV. Quarter 2023 performance, were not able to salvage the IV. Quarter for the Thermo Fisher Scientific Inc , Bruno Fernandez Ramos, Technology sector veteran from Barcelona wrote.

Within Scientific & Technical Instruments industry only one company achieved higher sequential Operating Income growth. While Thermo Fisher Scientific Inc 's Operating Income growth quarter on quarter, overall rank is 596.


Thermo Fisher Scientific Inc 's 12 Months Operating Income Growth Year on Year


Operating Income TTM Growth

12 Months Ending
(Dec 31 2023)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jul 01 2023)
12 Months Ending
(Apr 01 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Operating Income 12 Months Ending $ 6,859.00 $ 6,866.00 $ 6,712.00 $ 7,135.00 $ 8,393.00
Y / Y Operating Income Growth (TTM) -18.28 % -24.3 % -30.36 % -27.19 % -16.3 %
Year on Year Operating Income Growth Overall Ranking # 969 # 788 # 1264 # 1523 # 233
Seqeuential Operating Income Change (TTM) -0.1 % 2.29 % -5.93 % -14.99 % -7.46 %
Seq. Operating Income Growth (TTM) Overall Ranking # 842 # 676 # 1287 # 1373 # 1064




Cumulative Operating Income growth Comment
Thermo Fisher Scientific Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, Thermo Fisher Scientific Inc 's annual Operating Income decrease would be -18.28% year on year to $6,859 millions.

In the Technology sector 107 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 788 to 969.

Operating Income TTM Q/Q Growth Statistics
High Average Low
302.71 %
25.37 %
-65.12 %
 

Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Scientific & Technical Instruments Industry # 2
Technology Sector # 108
Overall # 969

Operating Income TTM Y/Y Growth Statistics
High Average Low
302.71 %
25.37 %
-65.12 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 95
S&P 500 # 842
Cumulative Operating Income growth Comment
Thermo Fisher Scientific Inc showed decline, but improvement compare to trailing twelve month Operating Income decrease in Sep 30 2023. If the fiscal year would end in Dec 31 2023, Thermo Fisher Scientific Inc 's annual Operating Income drop would be -18.28% year on year to $6,859 millions.

In the Technology sector 107 other companies have achieved higher trailing twelve month Operating Income growth. While Operating Income growth total ranking has deteriorated compare to previous quarter from 788 to 969.

Operating Income TTM Q/Q Growth Statistics
High Average Low
302.71 %
25.37 %
-65.12 %
 


Operating Income TTM Y/Y Growth Company Ranking
Within: No.
Scientific & Technical Instruments Industry # 2
Technology Sector # 108
Overall # 969

Operating Income TTM Y/Y Growth Statistics
High Average Low
302.71 %
25.37 %
-65.12 %
 


Operating Income TTM Q/Q Growth Company Ranking
Within: No.
Industry # 2
Sector # 95
S&P 500 # 842




Other Operating Income Growth
Scientific & Technical Instruments Industry Operating Income Growth Trends and Statistics
Technology Sector Operating Income Growth Statistics
Operating Income Growth Trends for overall market
TMO's Operating Income Growth Ratio versus Scientific & Technical Instruments Industry, Technology Sector and total Market
Highest Ranking Operating Income Growth
Lowest Ranking Operating Income Growth
Operating Income Growth for TMO's Competitors
Operating Income Growth for Thermo Fisher Scientific Inc 's Suppliers
Operating Income Growth for TMO's Customers

You may also want to know
TMO's Annual Growth Rates TMO's Profitability Ratios TMO's Asset Turnover Ratio TMO's Dividend Growth
TMO's Roe TMO's Valuation Ratios TMO's Financial Strength Ratios TMO's Dividend Payout Ratio
TMO's Roa TMO's Inventory Turnover Ratio TMO's Growth Rates TMO's Dividend Comparisons



Companies with similar Operating Income drop for the quarter ending Dec 31 2023 within Technology SectorY/Y Change %Operating Income for the quarter ending Dec 31 2023
Thermo Fisher Scientific Inc -0.38%$ -0.376 millions
Amdocs Limited-1.63%$ -1.626 millions
Viavi Solutions Inc -2.18%$ -2.183 millions
Sony Group Corporation-2.89%$ -2.885 millions
Kimball Electronics Inc -5.03%$ -5.026 millions
Playtika Holding Corp -6.47%$ -6.469 millions
Nve Corp-7.23%$ -7.226 millions
Bentley Systems Incorporated-7.33%$ -7.326 millions
Nxp Semiconductors N v -7.45%$ -7.449 millions
Vishay Precision Group Inc -7.95%$ -7.955 millions
Wipro Limited-8.11%$ -8.112 millions
Gen Digital Inc -8.97%$ -8.967 millions
Gartner Inc -9.30%$ -9.300 millions
Corning Inc-9.30%$ -9.302 millions
Consensus Cloud Solutions Inc -10.01%$ -10.010 millions
Snap One Holdings Corp -10.75%$ -10.754 millions
Nova Ltd -11.78%$ -11.784 millions
Unisys Corp-12.00%$ -12.000 millions
Vizio Holding Corp -12.50%$ -12.500 millions
Immersion Corporation-12.89%$ -12.887 millions
On Semiconductor Corporation-13.09%$ -13.091 millions
Perficient Inc -13.20%$ -13.196 millions
Mind Cti Ltd-14.03%$ -14.030 millions
N able Inc -16.21%$ -16.211 millions
Ubiquiti Inc -16.57%$ -16.569 millions
Camtek Ltd -19.74%$ -19.738 millions
Rockwell Automation Inc -19.86%$ -19.861 millions
Lattice Semiconductor Corp-20.12%$ -20.118 millions
Plexus Corp -21.25%$ -21.247 millions
Kaltura Inc -22.38%$ -22.380 millions




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com