Thermo Fisher Scientific (BUE:TMO) Tax Rate % : 17.68% (As of Mar. 2024)

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What is Thermo Fisher Scientific Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Thermo Fisher Scientific's Tax Expense for the three months ended in Mar. 2024 was ARS236,743 Mil. Thermo Fisher Scientific's Pre-Tax Income for the three months ended in Mar. 2024 was ARS1,338,733 Mil. Therefore, Thermo Fisher Scientific's Tax Rate % for the quarter that ended in Mar. 2024 was 17.68%.

Thermo Fisher Scientific Tax Rate % Historical Data

The historical data trend for Thermo Fisher Scientific's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Thermo Fisher Scientific Tax Rate % Chart

Thermo Fisher Scientific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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9.18

11.76

12.54

8.97

4.51

Thermo Fisher Scientific Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															3.37	3.64	3.00	7.64	17.68

Thermo Fisher Scientific Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Thermo Fisher Scientific's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	102524	/	2273578.002
	=	4.51 %

Thermo Fisher Scientific's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	236742.504	/	1338732.523
	=	17.68 %

Thermo Fisher Scientific Tax Rate % Related Terms

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Thermo Fisher Scientific (BUE:TMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Thermo Fisher Scientific Inc (BUE:TMO) » Definitions » Tax Rate %

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Traded in Other Exchanges

TMO:USA TMO:Peru TMO:Mexico TN8:Germany TMOS34:Brazil

Address

168 Third Avenue, Waltham, MA, USA, 02451

Website

https://www.thermofisher.com

Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of mid-2023 (revenue figures include some cross-segment revenue): analytical technologies (16% of sales); specialty diagnostic products (10%); life science solutions (24%); and lab products and services, which includes CRO services (54%).