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Thermo Fisher Scientific (TMO) Competitors

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$576.77 +0.31 (+0.05%)
Closing price 07/30/2026 03:59 PM Eastern
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$576.30 -0.46 (-0.08%)
As of 06:17 AM Eastern
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TMO vs. ILMN, MEDP, A, AMN, and BIO

Should you buy Thermo Fisher Scientific stock or one of its competitors? MarketBeat compares Thermo Fisher Scientific with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Thermo Fisher Scientific include Illumina (ILMN), Medpace (MEDP), Agilent Technologies (A), AMN Healthcare Services (AMN), and Bio-Rad Laboratories (BIO). These companies are all part of the "medical" sector.

How does Thermo Fisher Scientific compare to Illumina?

Illumina (NASDAQ:ILMN) and Thermo Fisher Scientific (NYSE:TMO) are both large-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their dividends, analyst recommendations, profitability, earnings, risk, media sentiment, institutional ownership and valuation.

Illumina currently has a consensus target price of $156.88, indicating a potential downside of 23.51%. Thermo Fisher Scientific has a consensus target price of $617.14, indicating a potential upside of 7.00%. Given Thermo Fisher Scientific's stronger consensus rating and higher possible upside, analysts plainly believe Thermo Fisher Scientific is more favorable than Illumina.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Illumina
2 Sell rating(s)
7 Hold rating(s)
9 Buy rating(s)
0 Strong Buy rating(s)
2.39
Thermo Fisher Scientific
0 Sell rating(s)
6 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.79

89.4% of Illumina shares are held by institutional investors. Comparatively, 89.2% of Thermo Fisher Scientific shares are held by institutional investors. 2.9% of Illumina shares are held by company insiders. Comparatively, 0.3% of Thermo Fisher Scientific shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

Illumina has a beta of 1.47, suggesting that its stock price is 47% more volatile than the broader market. Comparatively, Thermo Fisher Scientific has a beta of 0.87, suggesting that its stock price is 13% less volatile than the broader market.

Thermo Fisher Scientific has higher revenue and earnings than Illumina. Thermo Fisher Scientific is trading at a lower price-to-earnings ratio than Illumina, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Illumina$4.39B7.06$850M$5.5037.29
Thermo Fisher Scientific$44.56B4.81$6.70B$18.5931.03

In the previous week, Thermo Fisher Scientific had 23 more articles in the media than Illumina. MarketBeat recorded 60 mentions for Thermo Fisher Scientific and 37 mentions for Illumina. Thermo Fisher Scientific's average media sentiment score of 1.22 beat Illumina's score of 0.94 indicating that Thermo Fisher Scientific is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Illumina
17 Very Positive mention(s)
5 Positive mention(s)
11 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Thermo Fisher Scientific
51 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Illumina has a net margin of 19.42% compared to Thermo Fisher Scientific's net margin of 15.04%. Illumina's return on equity of 31.01% beat Thermo Fisher Scientific's return on equity.

Company Net Margins Return on Equity Return on Assets
Illumina19.42% 31.01% 12.22%
Thermo Fisher Scientific 15.04%17.09%8.12%

Summary

Thermo Fisher Scientific beats Illumina on 9 of the 17 factors compared between the two stocks.

How does Thermo Fisher Scientific compare to Medpace?

Medpace (NASDAQ:MEDP) and Thermo Fisher Scientific (NYSE:TMO) are both large-cap medical companies, but which is the superior stock? We will compare the two companies based on the strength of their media sentiment, profitability, valuation, risk, analyst recommendations, earnings, dividends and institutional ownership.

78.0% of Medpace shares are held by institutional investors. Comparatively, 89.2% of Thermo Fisher Scientific shares are held by institutional investors. 20.5% of Medpace shares are held by company insiders. Comparatively, 0.3% of Thermo Fisher Scientific shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

In the previous week, Thermo Fisher Scientific had 21 more articles in the media than Medpace. MarketBeat recorded 60 mentions for Thermo Fisher Scientific and 39 mentions for Medpace. Thermo Fisher Scientific's average media sentiment score of 1.22 beat Medpace's score of 0.97 indicating that Thermo Fisher Scientific is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Medpace
25 Very Positive mention(s)
3 Positive mention(s)
4 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Thermo Fisher Scientific
51 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Medpace has a net margin of 17.67% compared to Thermo Fisher Scientific's net margin of 15.04%. Medpace's return on equity of 110.15% beat Thermo Fisher Scientific's return on equity.

Company Net Margins Return on Equity Return on Assets
Medpace17.67% 110.15% 24.84%
Thermo Fisher Scientific 15.04%17.09%8.12%

Thermo Fisher Scientific has higher revenue and earnings than Medpace. Thermo Fisher Scientific is trading at a lower price-to-earnings ratio than Medpace, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Medpace$2.53B6.38$451.12M$17.0633.90
Thermo Fisher Scientific$44.56B4.81$6.70B$18.5931.03

Medpace has a beta of 1.15, indicating that its stock price is 15% more volatile than the broader market. Comparatively, Thermo Fisher Scientific has a beta of 0.87, indicating that its stock price is 13% less volatile than the broader market.

Medpace currently has a consensus target price of $584.18, suggesting a potential upside of 1.02%. Thermo Fisher Scientific has a consensus target price of $617.14, suggesting a potential upside of 7.00%. Given Thermo Fisher Scientific's stronger consensus rating and higher possible upside, analysts clearly believe Thermo Fisher Scientific is more favorable than Medpace.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Medpace
0 Sell rating(s)
11 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
2.15
Thermo Fisher Scientific
0 Sell rating(s)
6 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.79

Summary

Thermo Fisher Scientific beats Medpace on 10 of the 17 factors compared between the two stocks.

How does Thermo Fisher Scientific compare to Agilent Technologies?

Agilent Technologies (NYSE:A) and Thermo Fisher Scientific (NYSE:TMO) are both large-cap medical companies, but which is the better business? We will compare the two companies based on the strength of their valuation, institutional ownership, analyst recommendations, dividends, earnings, profitability, risk and media sentiment.

Agilent Technologies pays an annual dividend of $1.02 per share and has a dividend yield of 0.7%. Thermo Fisher Scientific pays an annual dividend of $1.88 per share and has a dividend yield of 0.3%. Agilent Technologies pays out 20.5% of its earnings in the form of a dividend. Thermo Fisher Scientific pays out 10.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Agilent Technologies has raised its dividend for 9 consecutive years and Thermo Fisher Scientific has raised its dividend for 8 consecutive years. Agilent Technologies is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

87.4% of Agilent Technologies shares are owned by institutional investors. Comparatively, 89.2% of Thermo Fisher Scientific shares are owned by institutional investors. 0.2% of Agilent Technologies shares are owned by company insiders. Comparatively, 0.3% of Thermo Fisher Scientific shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

Agilent Technologies currently has a consensus price target of $159.35, suggesting a potential upside of 14.87%. Thermo Fisher Scientific has a consensus price target of $617.14, suggesting a potential upside of 7.00%. Given Agilent Technologies' stronger consensus rating and higher possible upside, research analysts plainly believe Agilent Technologies is more favorable than Thermo Fisher Scientific.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Agilent Technologies
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
2 Strong Buy rating(s)
2.89
Thermo Fisher Scientific
0 Sell rating(s)
6 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.79

In the previous week, Thermo Fisher Scientific had 42 more articles in the media than Agilent Technologies. MarketBeat recorded 60 mentions for Thermo Fisher Scientific and 18 mentions for Agilent Technologies. Agilent Technologies' average media sentiment score of 1.23 beat Thermo Fisher Scientific's score of 1.22 indicating that Agilent Technologies is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Agilent Technologies
14 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
Thermo Fisher Scientific
51 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Agilent Technologies has a net margin of 19.55% compared to Thermo Fisher Scientific's net margin of 15.04%. Agilent Technologies' return on equity of 24.33% beat Thermo Fisher Scientific's return on equity.

Company Net Margins Return on Equity Return on Assets
Agilent Technologies19.55% 24.33% 12.99%
Thermo Fisher Scientific 15.04%17.09%8.12%

Thermo Fisher Scientific has higher revenue and earnings than Agilent Technologies. Agilent Technologies is trading at a lower price-to-earnings ratio than Thermo Fisher Scientific, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Agilent Technologies$7.23B5.42$1.30B$4.9827.86
Thermo Fisher Scientific$44.56B4.81$6.70B$18.5931.03

Agilent Technologies has a beta of 1.25, meaning that its stock price is 25% more volatile than the broader market. Comparatively, Thermo Fisher Scientific has a beta of 0.87, meaning that its stock price is 13% less volatile than the broader market.

Summary

Agilent Technologies beats Thermo Fisher Scientific on 11 of the 20 factors compared between the two stocks.

How does Thermo Fisher Scientific compare to AMN Healthcare Services?

Thermo Fisher Scientific (NYSE:TMO) and AMN Healthcare Services (NYSE:AMN) are both medical companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, risk, institutional ownership, profitability, earnings, media sentiment, dividends and valuation.

89.2% of Thermo Fisher Scientific shares are owned by institutional investors. Comparatively, 99.2% of AMN Healthcare Services shares are owned by institutional investors. 0.3% of Thermo Fisher Scientific shares are owned by insiders. Comparatively, 1.1% of AMN Healthcare Services shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Thermo Fisher Scientific has higher revenue and earnings than AMN Healthcare Services. AMN Healthcare Services is trading at a lower price-to-earnings ratio than Thermo Fisher Scientific, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Thermo Fisher Scientific$44.56B4.81$6.70B$18.5931.03
AMN Healthcare Services$2.73B0.50-$95.70M-$0.87N/A

Thermo Fisher Scientific presently has a consensus target price of $617.14, suggesting a potential upside of 7.00%. AMN Healthcare Services has a consensus target price of $29.00, suggesting a potential downside of 16.79%. Given Thermo Fisher Scientific's stronger consensus rating and higher probable upside, equities research analysts plainly believe Thermo Fisher Scientific is more favorable than AMN Healthcare Services.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Thermo Fisher Scientific
0 Sell rating(s)
6 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.79
AMN Healthcare Services
2 Sell rating(s)
3 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.22

Thermo Fisher Scientific has a beta of 0.87, suggesting that its stock price is 13% less volatile than the broader market. Comparatively, AMN Healthcare Services has a beta of 0.41, suggesting that its stock price is 59% less volatile than the broader market.

In the previous week, Thermo Fisher Scientific had 52 more articles in the media than AMN Healthcare Services. MarketBeat recorded 60 mentions for Thermo Fisher Scientific and 8 mentions for AMN Healthcare Services. Thermo Fisher Scientific's average media sentiment score of 1.22 beat AMN Healthcare Services' score of 1.01 indicating that Thermo Fisher Scientific is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Thermo Fisher Scientific
51 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
AMN Healthcare Services
6 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Thermo Fisher Scientific has a net margin of 15.04% compared to AMN Healthcare Services' net margin of -0.95%. AMN Healthcare Services' return on equity of 18.01% beat Thermo Fisher Scientific's return on equity.

Company Net Margins Return on Equity Return on Assets
Thermo Fisher Scientific15.04% 17.09% 8.12%
AMN Healthcare Services -0.95%18.01%5.19%

Summary

Thermo Fisher Scientific beats AMN Healthcare Services on 14 of the 17 factors compared between the two stocks.

How does Thermo Fisher Scientific compare to Bio-Rad Laboratories?

Bio-Rad Laboratories (NYSE:BIO) and Thermo Fisher Scientific (NYSE:TMO) are both medical companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, media sentiment, earnings, institutional ownership, profitability, valuation, dividends and risk.

65.2% of Bio-Rad Laboratories shares are held by institutional investors. Comparatively, 89.2% of Thermo Fisher Scientific shares are held by institutional investors. 30.3% of Bio-Rad Laboratories shares are held by company insiders. Comparatively, 0.3% of Thermo Fisher Scientific shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Bio-Rad Laboratories currently has a consensus target price of $303.33, indicating a potential downside of 7.36%. Thermo Fisher Scientific has a consensus target price of $617.14, indicating a potential upside of 7.00%. Given Thermo Fisher Scientific's stronger consensus rating and higher probable upside, analysts plainly believe Thermo Fisher Scientific is more favorable than Bio-Rad Laboratories.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Bio-Rad Laboratories
2 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.80
Thermo Fisher Scientific
0 Sell rating(s)
6 Hold rating(s)
17 Buy rating(s)
1 Strong Buy rating(s)
2.79

Bio-Rad Laboratories has a beta of 1.08, meaning that its share price is 8% more volatile than the broader market. Comparatively, Thermo Fisher Scientific has a beta of 0.87, meaning that its share price is 13% less volatile than the broader market.

Thermo Fisher Scientific has higher revenue and earnings than Bio-Rad Laboratories. Thermo Fisher Scientific is trading at a lower price-to-earnings ratio than Bio-Rad Laboratories, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Bio-Rad Laboratories$2.58B3.39$759.90M$6.0753.94
Thermo Fisher Scientific$44.56B4.81$6.70B$18.5931.03

In the previous week, Thermo Fisher Scientific had 55 more articles in the media than Bio-Rad Laboratories. MarketBeat recorded 60 mentions for Thermo Fisher Scientific and 5 mentions for Bio-Rad Laboratories. Bio-Rad Laboratories' average media sentiment score of 1.29 beat Thermo Fisher Scientific's score of 1.22 indicating that Bio-Rad Laboratories is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Bio-Rad Laboratories
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Thermo Fisher Scientific
51 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Thermo Fisher Scientific has a net margin of 15.04% compared to Bio-Rad Laboratories' net margin of 6.52%. Thermo Fisher Scientific's return on equity of 17.09% beat Bio-Rad Laboratories' return on equity.

Company Net Margins Return on Equity Return on Assets
Bio-Rad Laboratories6.52% 3.56% 2.49%
Thermo Fisher Scientific 15.04%17.09%8.12%

Summary

Thermo Fisher Scientific beats Bio-Rad Laboratories on 13 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding TMO and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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TMO vs. The Competition

MetricThermo Fisher ScientificMED INSTRUMENTS IndustryMedical SectorNYSE Exchange
Market Cap$214.22B$7.68B$7.04B$23.53B
Dividend Yield0.33%1.27%2.65%4.19%
P/E Ratio31.0349.2127.6730.73
Price / Sales4.8196.69491.0281.94
Price / Cash18.9626.1651.7431.18
Price / Book4.077.1710.164.66
Net Income$6.70B$162.27M$3.60B$1.07B
7 Day Performance1.66%4.32%0.66%0.55%
1 Month Performance15.27%-1.02%-3.29%1.58%
1 Year Performance23.36%5.41%24.48%17.66%

Thermo Fisher Scientific Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TMO
Thermo Fisher Scientific
4.457 of 5 stars
$576.77
+0.1%
$617.14
+7.0%
+20.9%$214.22B$44.56B31.03125,000
ILMN
Illumina
2.1026 of 5 stars
$184.68
-1.1%
$156.88
-15.1%
+92.3%$27.94B$4.34B33.588,650
MEDP
Medpace
2.4482 of 5 stars
$527.93
-1.8%
$469.50
-11.1%
+32.1%$15.08B$2.53B33.186,200
A
Agilent Technologies
4.7021 of 5 stars
$130.55
-0.7%
$159.35
+22.1%
+17.4%$36.87B$6.95B26.2118,100
AMN
AMN Healthcare Services
1.9853 of 5 stars
$33.72
-3.7%
$27.00
-19.9%
+87.5%$1.31B$2.73BN/A2,664

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This page (NYSE:TMO) was last updated on 7/31/2026 by MarketBeat.com Staff.
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