Thermo Fisher Scientific Inc 's Cash & cash equivalent grew by 63.46 % in the Q3 2026 sequentially, while Current Liabilities decreased, this led to improvement in Thermo Fisher Scientific Inc 's Quick Ratio to 0.47, Quick Ratio remained below Thermo Fisher Scientific Inc average.

Within Scientific & Technical Instruments industry 10 other companies have achieved higher Quick Ratio than Thermo Fisher Scientific Inc in third quarter 2026. While Quick Ratio total ranking in the third quarter 2026 has deteriorated compared to the prior quarter from 2962 to 3380.

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TMO Quick Ratio	(Sep 26 2026) Q3	(Jun 27 2026) Q2	(Mar 28 2026) Q1	(Dec 31 2025) Q4	(Sep 27 2025) Q3
Y / Y Current Liabilities Change	7.61 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent Change	87.85 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio MRQ	0.47	Subscribe	Subscribe	Subscribe	Subscribe
TMO's Total Ranking	# 3380	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities Change	-5.97 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent Change	63.46 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick Ratio third quarter 2026 Company Ranking
Within:	No.
Scientific & Technical Instruments Industry	# 11
Technology Sector	# 422
Overall Market	# 2695

Quick Ratio Statistics
High	Average	Low
1.99	0.5	0.09
(Oct 02 2021)		(Sep. 30, 2014)

Financial Statements
Thermo Fisher Scientific Inc 's Current Liabilities	$ 14,170 Millions	Visit TMO's Balance sheet
Thermo Fisher Scientific Inc 's Cash & cash equivalent	$ 6,661 Millions	Visit TMO's Balance sheet
Source of TMO's Sales		Visit TMO's Sales by Geography

Cumulative Thermo Fisher Scientific Inc 's Quick Ratio

TMO's Quick Ratio for the trailling 12 Months

TMO Quick Ratio	(Sep 26 2026) 12 Months	(Jun 27 2026) 12 Months	(Mar 28 2026) 12 Months	(Dec 31 2025) 12 Months	(Sep 27 2025) 12 Months
Y / Y Current Liabilities TTM Growth	19.45 %	Subscribe	Subscribe	Subscribe	Subscribe
Y / Y Cash & cash equivalent TTM Growth	12.32 %	Subscribe	Subscribe	Subscribe	Subscribe
Quick Ratio TTM	0.41	Subscribe	Subscribe	Subscribe	Subscribe
Total Ranking TTM	# 2373	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Current Liabilities TTM Growth	1.71 %	Subscribe	Subscribe	Subscribe	Subscribe
Seq. Cash & cash equivalent TTM Growth	14.85 %	Subscribe	Subscribe	Subscribe	Subscribe

Quick ratio ranking by company, industry and sector >> Back to TMO Financial Strength Comparisons >> Go to Compare TMO Quick Ratio to its Competitors

On the trailing twelve months basis TMO Cash & cash equivalent soared by 87.85 % in Q3 2026 year on year, faster than Current Liabilities, this led to increase in in Thermo Fisher Scientific Inc 's Quick Ratio to 0.41, Quick Ratio remained below TMO average.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Scientific & Technical Instruments industry 14 other companies have achieved higher Quick Ratio than Thermo Fisher Scientific Inc . While Quick Ratio overall ranking has improved so far to 0, from total ranking during the twelve months ending second quarter 2026 at 4083.

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TTM Quick Ratio Company Ranking
Within:	No.
Within the Scientific & Technical Instruments Industry	# 15
Technology Sector	# 618
Within the Market	#

trailing twelve months Quick Ratio Statistics
High	Average	Low
1.09	0.45	0.11
(Oct 02 2021)		(Jul 02 2016)

Companies with similar Quick Ratio in the quarter ending Sep 26 2026, within Scientific & Technical Instruments Industry	Quick Ratio	Sep 26 2026 MRQ Cash & cash equivalent	Sep 26 2026 MRQ Current Liabilities
Kla Corporation	1.03	$ 4,707.902 Millions	$ 4,555.086 Millions
Thermo Fisher Scientific Inc	0.47	$ 6,661.000 Millions	$ 14,170.000 Millions
Trimble Inc	0.15	$ 214.500 Millions	$ 1,460.500 Millions

Date modified: 2026-10-31T17:27:44+00:00

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