Analysis of Geographic Areas
Thermo Fisher Scientific Inc. operates in 2 regions: United States and Other.
Area Asset Turnover
Thermo Fisher Scientific Inc., asset turnover by geographic area
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 3.48 | 3.47 | 3.78 | 3.39 | 4.46 |
| Other | 4.64 | 4.48 | 4.62 | 4.74 | 5.26 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
| Other | Other area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Area Asset Turnover: United States
Thermo Fisher Scientific Inc.; United States; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 21,755) | 22,013) | 23,820) | 18,907) | 16,435) |
| Long-lived assets | 6,245) | 6,352) | 6,308) | 5,578) | 3,686) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 3.48 | 3.47 | 3.78 | 3.39 | 4.46 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 21,755 ÷ 6,245 = 3.48
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | United States | United States area asset turnover ratio deteriorated from 2022 to 2023 but then slightly improved from 2023 to 2024. |
Area Asset Turnover: Other
Thermo Fisher Scientific Inc.; Other; area asset turnover calculation
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Selected Financial Data (US$ in millions) | |||||
| Revenues | 21,124) | 20,844) | 21,095) | 20,304) | 15,783) |
| Long-lived assets | 4,550) | 4,652) | 4,565) | 4,286) | 3,001) |
| Area Activity Ratio | |||||
| Area asset turnover1 | 4.64 | 4.48 | 4.62 | 4.74 | 5.26 |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
1 2024 Calculation
Area asset turnover = Revenues ÷ Long-lived assets
= 21,124 ÷ 4,550 = 4.64
| Area activity ratio | Geographic area | The company |
|---|---|---|
| Area asset turnover | Other | Other area asset turnover ratio deteriorated from 2022 to 2023 but then improved from 2023 to 2024 exceeding 2022 level. |
Revenues
Thermo Fisher Scientific Inc., revenues by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 21,755) | 22,013) | 23,820) | 18,907) | 16,435) |
| Other | 21,124) | 20,844) | 21,095) | 20,304) | 15,783) |
| Consolidated | 42,879) | 42,857) | 44,915) | 39,211) | 32,218) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).
Long-lived assets
Thermo Fisher Scientific Inc., long-lived assets by geographic area
US$ in millions
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| United States | 6,245) | 6,352) | 6,308) | 5,578) | 3,686) |
| Other | 4,550) | 4,652) | 4,565) | 4,286) | 3,001) |
| Consolidated | 10,795) | 11,004) | 10,873) | 9,864) | 6,687) |
Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31).