What is Thermo Fisher Scientific Inc's ROI in the second quarter of 2024?
Thermo Fisher Scientific Inc achieved a return on average invested assets (ROI) of
8.01 % in its second quarter of 2024, this is above TMO's average return on investment of 6.84%.
Thermo Fisher Scientific Inc s investments during the 12 months ending in the second quarter of 2024 are valued at $77 billion
ROI has improved compared to 7.89% in the first quarter of 2024, due to net income growth.
Within the
Technology sector 81 other companies had a higher return on investment. While Return on investment, overall ranking has progressed in the Jun 29 2024 quarter, so far to
635, from total ROI ranking in the first quarter of 2024 at
727.
Definition and Formula of Return on Investment
| Return On Investment |
(Jun 29 2024)
II. Quarter |
(Mar 30 2024)
I. Quarter |
(Dec 31 2023)
IV. Quarter |
(Sep 30 2023)
III. Quarter |
(Jul 01 2023)
II. Quarter |
| Y / Y Investment Change TTM |
6.59 % |
2.63 % |
-2.18 % |
-6.52 % |
-6.01 % |
| Y / Y Net Income Change TTM |
8.02 % |
-0.63 % |
25.63 % |
87.08 % |
243.29 % |
| Investment (TTM) in Millions |
77,818 |
76,780 |
78,150 |
75,953 |
73,109 |
| Return On Investment (TTM) |
8.01 % |
7.89 % |
7.97 % |
8.07 % |
7.91 % |
| TMO's Overall
Ranking |
# 635 |
# 727 |
# 882 |
# 958 |
# 1019 |
| Seq. Investment Change TTM |
1.55 % |
1.74 % |
1.73 % |
1.41 % |
-2.22 % |
| Seq. Net Income Change TTM |
3.19 % |
0.65 % |
0.54 % |
3.44 % |
-5.07 % |
| Net Income (TTM) in Millions |
6,185 |
5,994 |
5,955 |
5,923 |
5,726 |
