Thermo Fisher Scientific's EBIT per Share for the
three
months ended in Mar. 2024 was $5.08.
Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $20.57.
During the past 12 months, the average EBIT per Share Growth Rate of Thermo Fisher Scientific was -12.60% per year.
During the past 3 years, the average EBIT per Share Growth Rate was -1.60% per year.
During the past 5 years, the average EBIT per Share Growth Rate was 18.40% per year.
During the past 10 years, the average EBIT per Share Growth Rate was 19.80% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.
The historical rank and industry rank for Thermo Fisher Scientific's EBIT per Share or its related term are showing as below:
TMO'
s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -17.4 Med: 13.5 Max: 57.1
Current: -1.6
During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Thermo Fisher Scientific was 57.10% per year. The lowest was -17.40% per year. And the median was 13.50% per year.
TMO's 3-Year EBIT Growth Rate is ranked worse than 51.12% of 178
companies
in the Medical Diagnostics & Research industry
Industry Median: 0.55
vs TMO: -1.60
* 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.
EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.57
* 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 (NYSE:TMO) EBIT per Share Explanation
EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.
Thermo Fisher Scientific EBIT per Share Related Terms
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Thermo Fisher Scientific (Thermo Fisher Scientific) Business Description
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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