THERMO FISHER SCIENTIFIC INC.

Measuring & Controlling Devices, NEC·WALTHAM, MA·FY end 12/31·CIK 97745

CEO Pay Ratio

1,120:1

Marc N. Casper

CEO Total Comp

$79.9M

Marc N. Casper

Median Employee

$71,333

Revenue

$44.6B

FY 2025

Net Income

$6.7B

FY 2025

Free Cash Flow

$6.3B

FY 2025

Net Margin

15.0%

Insider Net (180d)

-$8.1M

0 buys / 35 sales

CEO Pay Accountability

CEO comp as % of net income

1.19%

For every $1,000 of profit, $11.92 flows to the CEO.

CEO comp as % of buybacks

2.66%

CEO comp equals 26.6‰ of cash returned to shareholders via buybacks.

5-year history · USD

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	Trend
Revenue	$44.6B	$42.9B	$42.9B	$44.9B	$39.2B
Gross Profit	—	—	—	—	—	—
Operating Income	$7.7B	$7.3B	$6.9B	$8.4B	$10.0B
Net Income	$6.7B	—	—	—	—	—
Operating CF	$7.8B	$8.7B	$8.4B	$9.2B	$9.3B
Capex	$1.5B	$1.4B	$1.5B	$2.2B	$2.5B
Free Cash Flow	$6.3B	$7.3B	$6.9B	$6.9B	$6.8B
Buybacks	$3.0B	$4.0B	$3.0B	$3.0B	$2.0B
Dividends	$636.0M	$583.0M	$523.0M	$455.0M	$395.0M

Gross Margin	—	—	—	—	—	—
Operating Margin	17.4%	17.1%	16.0%	18.7%	25.6%
Net Margin	15.0%	—	—	—	—	—
FCF Margin	14.1%	16.9%	16.2%	15.4%	17.3%
R&D / Revenue	3.1%	3.2%	3.1%	3.3%	3.6%
Effective Tax	—	—	—	—	—	—
Debt / Equity	0.73	0.63	0.74	0.78	0.85
Buybacks / FCF	47.7%	55.0%	43.3%	43.4%	29.5%

FY 2025

Executive	Salary	Stock	Options	Bonus / Inc.	Other	Total
Marc N. CasperChairman, President and Chief Executive Officer	$1.8M	$65.7M	$8.0M	$3.7M	$714.1K	$79.9M
Michel LagardeExecutive Vice President and Chief Operating Officer	$1.2M	$3.6M	$2.6M	$1.4M	$207.2K	$8.9M
Gianluca PettitiExecutive Vice President	$1.0M	$3.3M	$2.4M	$1.2M	$207.0K	$8.1M
Stephen WilliamsonSenior Vice President and Chief Financial Officer	$1.1M	$2.5M	$1.8M	$1.3M	$209.9K	$6.8M
Frederick LoweryExecutive Vice President	$930.4K	$2.6M	$1.9M	$974.9K	$164.0K	$6.6M