Thermo fisher scientific inc. (TMO)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jul'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Revenues
Revenues

6,230

6,829

6,272

6,316

6,125

6,507

5,920

6,078

5,853

6,047

5,116

4,990

4,765

4,953

4,490

4,535

4,294

4,652

4,123

4,270

3,918

4,492

4,171

4,321

3,903

3,466

3,191

3,240

3,191

3,259

3,085

3,108

3,056

3,050

2,932

2,854

2,721

2,541

2,628

2,595

2,626

2,470

2,531

2,484

2,255

2,588

Costs and Operating Expenses:
Selling, general and administrative expenses

1,551

1,512

1,539

1,565

1,528

1,510

1,490

1,542

1,515

1,479

1,400

1,291

1,334

1,260

1,274

1,223

1,212

1,190

1,133

1,151

1,137

1,236

1,228

1,253

1,177

898

848

869

829

856

839

835

824

820

804

772

708

680

677

673

698

627

662

660

625

669

Research and development expenses

245

262

247

246

248

251

240

242

234

233

217

222

215

211

183

182

176

180

171

174

165

182

175

183

149

104

95

96

98

98

92

94

91

95

86

83

74

77

71

69

66

66

60

58

58

61

Restructuring and other costs, net

38

29

31

-484

11

15

-27

17

45

2

49

22

24

48

54

35

50

48

15

20

32

33

-110

60

-582

23

11

21

21

30

15

24

12

29

11

39

15

24

10

8

17

21

13

10

13

15

Total costs and operating expenses

5,324

5,597

5,326

4,820

5,205

5,359

5,008

5,141

5,067

5,090

4,482

4,241

4,145

4,191

3,949

3,897

3,776

3,962

3,560

3,675

3,431

3,853

3,531

3,973

3,028

3,011

2,799

2,864

2,804

2,858

2,733

2,740

2,695

2,702

2,616

2,588

2,399

2,238

2,326

2,297

2,342

2,219

2,255

2,225

2,065

2,301

Operating Income

906

1,232

946

1,496

920

1,148

912

937

786

957

634

749

620

761

541

637

517

690

562

595

487

639

640

348

875

455

392

375

387

400

352

367

361

348

316

265

321

302

302

297

284

251

275

259

190

286

Interest Income

36

-

-

-

67

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Interest Expense

126

714

-124

-103

189

1,052

-102

-131

-152

986

-154

-123

-117

-109

-113

-116

-94

-107

-94

-92

-105

-102

-101

-111

-101

-77

-73

-95

-44

-57

-55

-49

-50

-35

-49

-10

-22

-23

-15

-36

-24

-44

-28

-26

-22

-27

Other Income, Net

12

-

-

-

19

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income Before Income Taxes

828

1,038

822

1,393

817

1,012

810

806

634

820

480

626

503

652

427

521

423

582

468

503

382

537

539

236

774

377

319

280

342

343

296

318

311

312

266

254

299

279

287

261

259

207

246

232

167

258

Provision for Income Taxes

40

36

62

274

2

114

101

54

55

290

-54

13

-48

19

-45

4

20

-23

-9

-8

-3

-66

69

-42

231

34

1

2

2

-42

-3

26

30

19

0

37

51

5

28

32

35

-22

25

25

18

43

Income from Continuing Operations

-

-

-

-

-

-

-

-

-

-

534

613

-

632

473

516

402

606

477

511

385

-

469

-

-

343

317

277

340

385

299

292

280

292

266

217

247

274

258

228

224

230

221

206

148

214

Loss from Discontinued Operations (net of income tax benefit of $0, $0 and $2)

-

-

-

-

-

-

-

-

-

-

0

-1

-

-2

0

-0

-0

-3

-1

0

0

-

1

-

-

-5

-0

-0

-0

-3

-4

-7

-3

-3

-1

0

5

23

9

8

5

-

-

-

-

-

Loss on Disposal of Discontinued Operations, Net (net of income tax benefit of $3.2 and $33.2)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

-4

-5

-4

-51

0

-0

0

305

-0

0

0

0

2

-

0

0

-

3

Net Income

788

1,002

760

1,119

815

898

709

752

579

528

534

612

551

629

473

516

402

602

476

511

385

601

471

278

543

342

317

277

336

376

290

233

277

288

265

523

252

297

268

237

232

273

221

206

148

218

Basic (in dollars per share)

-

-

-

-

-

-

-

-

-

-

1.35

1.57

-

1.60

1.20

1.31

1.02

1.52

1.20

1.28

0.97

-

1.17

-

-

0.95

0.88

0.77

0.95

1.07

0.83

0.80

0.76

0.78

0.70

0.57

0.64

0.69

0.65

0.56

0.55

0.56

0.54

0.50

0.36

510,000.00

Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

1.34

1.56

-

1.60

1.19

1.30

1.01

1.51

1.19

1.27

0.96

-

1.16

-

-

0.94

0.86

0.76

0.94

1.06

0.82

0.79

0.76

0.77

0.70

0.56

0.63

0.68

0.64

0.55

0.54

0.54

0.53

0.49

0.35

490,000.00

Earnings per Share
Basic (in dollars per share)

1.99

2.51

1.89

2.80

2.04

2.24

1.76

1.87

1.44

1.31

1.35

1.57

1.41

1.59

1.20

1.31

1.02

1.52

1.19

1.28

0.97

1.50

1.18

0.70

1.38

0.94

0.88

0.77

0.94

1.04

0.80

0.64

0.76

0.77

0.70

1.37

0.65

0.75

0.67

0.58

0.57

0.66

0.54

0.50

0.36

520,000.00

Diluted (in dollars per share)

1.97

2.50

1.88

2.77

2.02

2.21

1.75

1.85

1.43

1.29

1.34

1.56

1.40

1.59

1.19

1.30

1.01

1.51

1.18

1.27

0.96

1.49

1.17

0.69

1.36

0.93

0.86

0.76

0.93

1.04

0.79

0.63

0.75

0.77

0.69

1.36

0.64

0.74

0.66

0.57

0.56

0.64

0.53

0.49

0.35

500,000.00

Weighted Average Shares
Basic (in shares)

397

399

401

400

400

401

402

403

402

403

396

390

391

395

394

393

395

400

399

398

397

400

399

399

393

361

361

360

358

358

362

367

367

373

379

381

388

393

400

409

409

408

407

415

417

419

Diluted (in shares)

400

402

404

403

403

406

406

406

406

405

400

393

394

395

397

396

398

403

402

401

401

404

403

403

398

370

367

363

361

361

365

369

370

376

382

385

394

399

404

415

418

422

420

423

425

438

Cash Dividends Declared per Common Share (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

0.15

0.15

-

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.15

0.13

0.13

0.13

0.00

0.00

0.00

0.00

-

-

-

-

-

-

-

-

-

Product [Member]
Revenues

4,630

5,151

4,798

4,827

4,720

5,061

4,571

4,708

4,528

4,742

4,232

4,298

4,102

4,259

3,866

3,896

3,690

4,032

3,570

3,677

3,387

3,933

3,628

3,778

3,375

2,974

2,730

2,786

2,723

2,819

2,651

2,678

2,628

2,610

2,517

2,432

2,336

2,176

2,270

2,249

2,282

2,235

2,140

2,090

1,898

2,167

Cost of revenues

2,340

2,674

2,471

2,478

2,414

2,610

2,357

2,390

2,325

2,428

2,174

2,244

2,129

2,214

2,024

2,039

1,933

2,102

1,853

1,907

1,720

2,014

1,873

2,112

1,933

1,657

1,546

1,572

1,533

1,590

1,510

1,497

1,502

1,487

1,466

1,425

1,354

1,235

1,343

1,335

1,350

1,317

1,285

1,272

1,159

1,313

Service [Member]
Revenues

1,600

1,678

1,474

1,489

1,405

1,446

1,349

1,370

1,325

1,305

884

692

663

694

624

639

604

619

552

593

531

559

542

543

528

492

461

453

468

440

434

429

428

440

415

421

385

365

358

346

344

234

390

393

356

420

Cost of revenues

1,150

1,120

1,038

1,015

1,004

973

948

950

948

948

642

462

443

456

412

417

403

441

386

422

375

386

363

362

350

327

297

304

322

282

276

288

265

269

248

267

246

222

223

211

210

185

234

223

208

241