Thermo Fisher Scientific (FRA:TN8) COGS-to-Revenue : 0.59 (As of Mar. 2024)

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What is Thermo Fisher Scientific COGS-to-Revenue?

Thermo Fisher Scientific's Cost of Goods Sold for the three months ended in Mar. 2024 was €5,649 Mil. Its Revenue for the three months ended in Mar. 2024 was €9,517 Mil.

Thermo Fisher Scientific's COGS to Revenue for the three months ended in Mar. 2024 was 0.59.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. Thermo Fisher Scientific's Gross Margin % for the three months ended in Mar. 2024 was 40.65%.

Thermo Fisher Scientific COGS-to-Revenue Historical Data

The historical data trend for Thermo Fisher Scientific's COGS-to-Revenue 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 COGS-to-Revenue Chart

Thermo Fisher Scientific Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

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0.56

0.50

0.58

0.60

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
COGS-to-Revenue	Get a 7-Day Free Trial															0.61	0.60	0.59	0.60	0.59

Thermo Fisher Scientific COGS-to-Revenue Calculation

Thermo Fisher Scientific's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	23619.169	/	39299.869
	=	0.60

Thermo Fisher Scientific's COGS to Revenue for the quarter that ended in Mar. 2024 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	5648.8	/	9517.4
	=	0.59

Thermo Fisher Scientific (FRA:TN8) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

Thermo Fisher Scientific's Gross Margin % for the three months ended in Mar. 2024 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	5648.8 / 9517.4
	=	40.65 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

Thermo Fisher Scientific COGS-to-Revenue Related Terms

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Thermo Fisher Scientific (FRA:TN8) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Thermo Fisher Scientific Inc (FRA:TN8) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

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

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%).

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