Thermo Fisher Scientific
OverviewSuggest Edit
Thermo Fisher Scientific is a global provider of laboratory products and services, life science solutions, analytical instruments, and specialty diagnostics. It operates through 4 segments: Life Sciences Solutions, Analytical Instruments, Specialty Diagnostics, and Laboratory Products and Services. The Life Sciences Solutions segment offers reagents, instruments, and consumables used in biological and medical research, discovery and production of new drugs and vaccines as well as diagnosis of disease. The Analytical Instruments segment provides instruments, consumables, software, and services that are used for a range of applications in the laboratory, on the production line, and in the field. The Specialty Diagnostics segment delivers diagnostic test kits, reagents, culture media, instruments, and associated products. The Laboratory Products and Services segment offers self-manufactured and sourced products as well as outsourced services used by the pharmaceutical and biotech industries for drug development, clinical trial logistics, and commercial drug manufacturing.
| Type | Public | |
| Founded | 1956 | |
| HQ | Waltham, MA, US | Map |
| Website | thermofisher.com | |
| Overall Culture | B | More |
Recent NewsAll News
- Thermo Fisher Scientific Expands Hematology Oncology NGS Portfolio
- Thermo Scientific Phenom Pharos G2 Desktop FEG-SEM Accelerates Customer Research
- Thermo Fisher Scientific Opens cGMP Plasmid DNA Manufacturing Facility in Carlsbad, California
- Thermo Fisher Opens A New CGMP Plasmid DNA Manufacturing Facility In Carlsbad
Key People/Management at Thermo Fisher Scientific
Marc N. Casper
Chairman, President and Chief Executive Officer
Rafael Tejada
Vice President, Investor Relations
Konrad Bauer
Senior Vice President, Global Business Services
Michael A. Boxer
Senior Vice President and General Counsel
Lisa P. Britt
Senior Vice President, Chief Human Resources Officer
Tom Grover
Vice President, Financial Operations
Thermo Fisher Scientific Office Locations
Thermo Fisher Scientific has offices in Waltham, Agawam, Allentown, Ann Arbor and in 358 other locations
Waltham, MA, US (HQ)
168 3rd Ave
Agawam, MA, US
325 Bowles Rd
Allentown, PA, US
7554 Schantz Rd
Ann Arbor, MI, US
110 Miller Ave
Asheville, NC, US
275 Aiken Rd
Auburn, AL, US
2039 McMillan St
Thermo Fisher Scientific Financials and Metrics
Thermo Fisher Scientific Revenue
Thermo Fisher Scientific's revenue was reported to be $32.22 b in FY, 2020 which is a 26.1% increase from the previous period.
| USD | |
|---|---|
Revenue (FY, 2020) | 32.2b |
Revenue growth (FY, 2019 - FY, 2020), % | 26.1% |
Gross profit (FY, 2020) | 16.5b |
Gross profit margin (FY, 2020), % | 51.2% |
Net income (FY, 2020) | 6.4b |
EBIT (FY, 2020) | 7.8b |
Market capitalization (23-Jul-2021) | 209.2b |
Closing stock price (23-Jul-2021) | 532.3 |
Cash (31-Dec-2020) | 10.3b |
EV | 220.6b |
Thermo Fisher Scientific's current market capitalization is $209.2 b.
Annual
Annual
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | 579.0m | 1.3b | 2.0b | 815.0m | 1.9b | 2.7b | 788.0m | 1.9b | 3.9b |
Depreciation and Amortization | 575.0m | 1.1b | 1.7b | 555.0m | 1.1b | 1.7b | 574.0m | 1.1b | 1.7b |
Inventories | (124.0m) | (195.0m) | (333.0m) | (140.0m) | (273.0m) | (449.0m) | (141.0m) | (309.0m) | (427.0m) |
Accounts Payable | (94.0m) | (20.0m) | (45.0m) | (129.0m) | (202.0m) | 70.0m | (241.0m) | (497.0m) | (220.0m) |
| USD | Q1, 2018 |
|---|---|
Debt/Equity | 0.8 x |
Debt/Assets | 0.4 x |
Financial Leverage | 2.2 x |
Thermo Fisher Scientific Operating Metrics
Thermo Fisher Scientific's Customers was reported to be 400 k in FY, 2020. Thermo Fisher Scientific's Backlog was reported to be $7.8b in FY, 2019.
Thermo Fisher Scientific Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Mesa Biotech | February 26, 2021 | |
| Cell sorting technology assets from Propel Labs | February 17, 2021 | |
| Henogen | January 15, 2021 | €725 m |
| Henogen S.A. | January 15, 2021 | €725 m |
| Phinotex | December 31, 2020 | |
| Qiagen | March 03, 2020 | $11.5 b |
| Brammer Bio | June 17, 2019 | $1.67 b |
| HighChem | June 06, 2019 | |
| Gatan Inc | June 29, 2018 | $925 m |
| IntegenX | March 16, 2018 |
Thermo Fisher Scientific Revenue Breakdown
Thermo Fisher Scientific revenue breakdown by business segment: 35.1% from Laboratory Products and Services, 15.3% from Specialty Diagnostics, 14.7% from Analytical Instruments and 34.9% from Life Sciences Solutions
Thermo Fisher Scientific revenue breakdown by geographic segment: 8.7% from China, 51.0% from United States and 40.3% from Other
Human Capital Metrics
Source: www.thermofisher.com
Thermo Fisher Scientific's employees are reported to be approximately 41% female and 59% male.
Thermo Fisher Scientific Cybersecurity Score
Thermo Fisher Scientific Environment, Social & Governance (ESG) Ratings
Thermo Fisher Scientific Online and Social Media Presence
57.41k Twitter followers
Thermo Fisher Scientific has 57.41k Twitter Followers. The number of followers has increased 1% month over month and increased 1.2% quarter over quarter
Thermo Fisher Scientific's Trends
Twitter Engagement Stats for @thermofisher
13k
Tweets
709
Following
57.4k
Followers
198
Tweets last 30 days
3.5
Avg. likes per Tweet
86.9%
Tweets with engagement
Thermo Fisher Scientific Company Culture
Overall Culture
B
69/100
CEO Rating
A
75/100
Compensation
B
71/100
Diversity
C
63/100
Thermo Fisher Scientific News and Updates
July 19, 2021
Thermo Fisher Scientific Expands Hematology Oncology NGS Portfolio
Thermo Fisher Scientific today announced a new suite of Ion Torrent Oncomine immune repertoire assays designed to detect potentially malignant clones of T-cells and B-cells, which play a key role in the immune response system*.
July 15, 2021
Thermo Scientific Phenom Pharos G2 Desktop FEG-SEM Accelerates Customer Research
Thermo Fisher Scientific, the world leader in serving science, today announced the Thermo Scientific Phenom Pharos G2 Desktop Field Emission Gun - Scanning Electron Microscope (FEG-SEM) designed to increase access to advanced nanomaterial research capabilities. The new instrument makes it possible f…
July 15, 2021
Thermo Fisher Scientific Opens cGMP Plasmid DNA Manufacturing Facility in Carlsbad, California
Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, has opened a new cGMP plasmid DNA manufacturing facility in Carlsbad, Calif., enabling it to meet rapidly growing demand for plasmid DNA-based therapies and vital mRNA-based vaccines
July 15, 2021
Thermo Fisher Opens A New CGMP Plasmid DNA Manufacturing Facility In Carlsbad
Life sciences company Thermo Fisher Scientific Inc. (TMO) announced Thursday it has opened a new cGMP plasmid DNA manufacturing facility in Carlsbad, California, enabling it to meet rapidly growing demand for plasmid DNA-based therapies and vital mRNA-based vaccines.
July 13, 2021
Thermo Fisher Scientific and My Green Lab Collaborate to Expand Use of ACT Label in Driving Environmentally Sustainable Lab Practices
Thermo Fisher Scientific Inc. (NYSE:TMO), the world leader in serving science, today announced an expansion of its collaboration with My Green Lab, a non-profit organization committed to improving the environmental sustainability of scientific research. The company has set a goal to obtain Accountab…
July 13, 2021
Thermo Fisher Scientific and My Green Lab Collaborate to Expand Use of ACT Label in Driving Environmentally Sustainable Lab Practices
Thermo Fisher Scientific Inc. (NYSE:TMO), the world leader in serving science, today announced an expansion of its collaboration with My Green Lab, a non-profit organization committed to improving the environmental sustainability of scientific research.
Thermo Fisher Scientific Frequently Asked Questions
When was Thermo Fisher Scientific founded?
Thermo Fisher Scientific was founded in 1956.
Who are Thermo Fisher Scientific key executives?
Thermo Fisher Scientific's key executives are Marc N. Casper, Rafael Tejada and Konrad Bauer.
How many employees does Thermo Fisher Scientific have?
Thermo Fisher Scientific has 80,000 employees.
What is Thermo Fisher Scientific revenue?
Latest Thermo Fisher Scientific annual revenue is $32.2 b.
What is Thermo Fisher Scientific revenue per employee?
Latest Thermo Fisher Scientific revenue per employee is $402.7 k.
Who are Thermo Fisher Scientific competitors?
Competitors of Thermo Fisher Scientific include Illumina, Bruker and Avantor.
Where is Thermo Fisher Scientific headquarters?
Thermo Fisher Scientific headquarters is located at 168 3rd Ave, Waltham.
Where are Thermo Fisher Scientific offices?
Thermo Fisher Scientific has offices in Waltham, Agawam, Allentown, Ann Arbor and in 358 other locations.
How many offices does Thermo Fisher Scientific have?
Thermo Fisher Scientific has 448 offices.
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