THERMO FISHER SCIENTIFIC INC. (TMO) Return on equity 2019–2025
THERMO FISHER SCIENTIFIC INC. (TMO) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
12.6%FY2025 · since FY2019: 12.5% → 12.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 12.6% | -0.2 pp |
| FY2024 | 12.8% | +0.0 pp |
| FY2023 | 12.7% | -3.1 pp |
| FY2022 | 15.8% | -3.1 pp |
| FY2021 | 18.9% | +0.5 pp |
| FY2020 | 18.5% | +6.0 pp |
| FY2019 | 12.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice