Thermo Fisher Scientific (BSP:TMOS34) Quick Ratio: 1.15 (As of Mar. 2026) — Near Median


BSP:TMOS34 Thermo Fisher Scientific Inc BSP:TMOS34
74 GF Score
Price R$53.25
GF Value R$63.08
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Thermo Fisher Scientific Quick Ratio?

Thermo Fisher Scientific BSP:TMOS34 +7.04% 74 Quick Ratio is 1.15 as of Mar. 2026, which is 7% below its 10-year median of 1.23. GuruFocus rates BSP:TMOS34 with a GF Score™ of 74/100 and a GF Value™ of R$63.08 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 215 Medical Diagnostics & Research companies, Thermo Fisher Scientific ranks worse than 66.98% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Thermo Fisher Scientific's quick ratio for the quarter that ended in Mar. 2026 was 1.15.

Thermo Fisher Scientific has a quick ratio of 1.15. It generally indicates good short-term financial strength.

The historical rank and industry rank for Thermo Fisher Scientific's Quick Ratio or its related term are showing as below:

BSP:TMOS34' s Quick Ratio Range Over the Past 10 Years
Min: 0.77   Med: 1.23   Max: 2.56
Current: 1.15

During the past 13 years, Thermo Fisher Scientific's highest Quick Ratio was 2.56. The lowest was 0.77. And the median was 1.23.

BSP:TMOS34's Quick Ratio is ranked worse than
66.98% of 215 companies
in the Medical Diagnostics & Research industry
Industry Median: 1.67 vs BSP:TMOS34: 1.15

Thermo Fisher Scientific  (BSP:TMOS34) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Thermo Fisher Scientific Quick Ratio Related Terms


Thermo Fisher Scientific Quick Ratio Historical Data

* Premium members only.

The historical data trend for Thermo Fisher Scientific's Quick Ratio 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.

Thermo Fisher Scientific Quick Ratio Chart

Thermo Fisher Scientific Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 1.15 1.39 1.29 1.53

Thermo Fisher Scientific Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.38 1.50 1.11 1.53 1.15

BSP:TMOS34 vs DHR, IDXX, A: Quick Ratio Comparison

For the Diagnostics & Research subindustry, Thermo Fisher Scientific's Quick Ratio, along with its competitors' market caps and Quick Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Thermo Fisher Scientific Quick Ratio vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Thermo Fisher Scientific's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Thermo Fisher Scientific's Quick Ratio falls into.


BSP:TMOS34
74GF Score
Thermo Fisher Scientific Inc BSP:TMOS34
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Thermo Fisher Scientific Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Thermo Fisher Scientific's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(156616.78-29597.172)/82866.627
=1.53

Thermo Fisher Scientific's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(116703.754-28741.882)/76461.982
=1.15

* 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.

Frequently Asked Questions Learn more about Quick Ratio →
What does a Quick Ratio of 1.15 mean?
Thermo Fisher Scientific (BSP:TMOS34) has a Quick Ratio of 1.15 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thermo Fisher Scientific and its competitors. This is near median its historical median of 1.23. Over the past decade, Thermo Fisher Scientific's Quick Ratio has ranged from 0.77 to 2.56. According to the industry distribution chart, Thermo Fisher Scientific ranks #144 out of 215 companies in the Medical Diagnostics & Research industry, placing it in the top 67%.
Is Thermo Fisher Scientific's Quick Ratio too high?
Thermo Fisher Scientific's current Quick Ratio of 1.15 is near median its 10-year median of 1.23. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 2.56. The Medical Diagnostics & Research industry median Quick Ratio is 1.67. Thermo Fisher Scientific's value of 1.15 is 31.1% below this industry median. Based on the distribution chart, Thermo Fisher Scientific ranks #144 out of 215 companies in the Medical Diagnostics & Research industry, which is below the industry midpoint. Overall, Thermo Fisher Scientific has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thermo Fisher Scientific's Quick Ratio compare to DHR and IDXX?
According to the Medical Diagnostics & Research industry distribution chart, Thermo Fisher Scientific ranks #144 out of 215 companies for Quick Ratio. This places Thermo Fisher Scientific in the lower half of its industry. The industry median Quick Ratio is 1.67. Thermo Fisher Scientific's value of 1.15 is 31.1% below this benchmark. Historically, Thermo Fisher Scientific's own Quick Ratio has ranged from 0.77 to 2.56 over the past decade. While the company's 10-year median is 1.23 vs. the industry median of 1.67, Thermo Fisher Scientific has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for a Medical Diagnostics & Research company?
The median Quick Ratio among Medical Diagnostics & Research companies is 1.67, based on 215 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Thermo Fisher Scientific's current Quick Ratio of 1.15 is 31.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Thermo Fisher Scientific and its competitors. For the Medical Diagnostics & Research industry, the median Quick Ratio is 1.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thermo Fisher Scientific's current Quick Ratio is 1.15, which is near median its own 10-year median of 1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thermo Fisher Scientific stock overvalued right now?
Based on GuruFocus' analysis, Thermo Fisher Scientific (BSP:TMOS34) is currently considered Modestly Undervalued. The stock's GF Value™ is R$63.08, compared to a current price of R$53.25 — trading 15.6% below its estimated fair value. The current Quick Ratio is 1.15, which is near median its 10-year median of 1.23 and 31.1% below the Medical Diagnostics & Research industry median of 1.67. Thermo Fisher Scientific's overall GF Score™ is 74/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Thermo Fisher Scientific (BSP:TMOS34), the current Quick Ratio is 1.15 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thermo Fisher Scientific (BSP:TMOS34) Overvalued in 2026?

Based on GuruFocus' analysis, Thermo Fisher Scientific stock appears to be undervalued. The current stock price of R$53.25 is trading 15.6% below its estimated GF Value™ of R$63.08. GuruFocus considers Thermo Fisher Scientific to be Modestly Undervalued.

Key valuation signals for BSP:TMOS34:

  • Quick Ratio: 1.15 (near median its 10-year median of 1.23)
  • GF Value™: R$63.08 vs. price of R$53.25 (15.6% below fair value)
  • GF Score™: 74/100 with 5 warning signs
  • Industry Position: 31.1% below the Medical Diagnostics & Research median (#144 of 215)

No single metric tells the full story. See the BSP:TMOS34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thermo Fisher Scientific Business Description

Address 168 Third Avenue, Waltham, MA, USA, 02451
Thermo Fisher Scientific sells scientific instruments and laboratory equipment, diagnostics consumables, and life science reagents. The firm operates through four segments as of year-end 2025 (revenue figures include some cross-segment revenue): analytical technologies (17% of sales); specialty diagnostic products (11%); life science solutions (23%); and lab products and services, which includes CRO services (the remainder).
74GF Score

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Quick Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$53.25
Price
R$63.08
GF Value