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TMO Thermo Fisher Scientific Inc.

NYSE, CIK 0000097745, fiscal year ends 12/31. Last price 673.82 on 2026-10-23, market value 249.1 billion dollars.

Machine-readable: TMO.json, TMO.md. Sections: Graham Defensive, Magic Formula, Momentum, Insider, Buffett Quality, Lynch GARP, Graham Enterprising, Piotroski F-Score, earnings record, insiders, filings and links.

Philosophy	Score	Status	Current inputs as of	History used	Price	Verification	Rules
Graham Defensive	34 partial, missing 3	partial: 3	2025-12-31 stale: Revenue, current_assets, current_liabilities, lt_debt, equity, Shares outstanding	2013–2025	2026-10-23	14 verified, 18 unverified	method
Magic Formula	24	ok	2026-03-28 stale: operating_income_q, operating_income_q, current_assets, current_liabilities, cash, ppe_net, debt_incl_current, shares_out	—	2026-10-23	—	method
Momentum	73	ok	2026-10-23	—	2026-10-23	—	method
Insider	0	ok	2026-10-23	—	—	—	method
Buffett Quality	65	ok	2026-06-27 stale: debt_incl_current, Shares outstanding	2019–2025	2026-10-23	0 verified, 42 unverified	method
Lynch GARP	27	ok	2026-06-27 stale: debt_incl_current, equity, cash	2020–2025	2026-10-23	0 verified, 5 unverified	method
Graham Enterprising	50	ok	2026-06-27 stale: current_assets, current_liabilities, debt_incl_current, equity, Shares outstanding	2020–2025	2026-10-23	0 verified, 11 unverified	method
Piotroski F-Score	67	ok	—	2024–2026	—	0 verified, 27 unverified	method

Market value, source trail

market_value = traded_price (price date) / depositary_ratio x latest point-in-time SEC shares outstanding (share-count date shown; from the filing cover page, summed across share classes only where the issuer filing verifies the classes are economically equivalent (rule + evidence URL in the source text), else withheld; priced at the primary listed class, so where other classes trade at a different price the value is an approximation; restated only for issuer-verified splits after the count date); weighted-average share counts are never used

Input	Value	Unit	Period / date	Source
Traded price	673.82	USD per traded unit (share or ADS)	2026-10-23	Yahoo Finance
SEC shares outstanding	369,747,286	underlying shares	2026-06-27	SEC cover page 10-Q 0000097745-26-000144 (369,747,286 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/97745/000009774526000144/tmo-20260627.htm 0000097745-26-000144
Depositary ratio	1.0	underlying shares per traded unit		domestic 10-K filer; SEC shares are the traded units
Market value price date × latest reported shares	249,143,116,253	USD	2026-10-23 shares at 2026-06-27	673.82 (price 2026-10-23) / 1 x 369,747,286 (shares at 2026-06-27) = 249,143,116,253

Graham Defensive

34 of 100. partial: 3. How this is scored.

Test or factor	Value	Threshold	Points
1 Adequate size	44.56 revenue $B	>= 1	5.0 / 5
2a Current ratio	1.55	>= 2.0	8.3 / 15
2b Long-term debt vs working capital	4.72 LTD / WC	<= 1.0	0.0 / 15
3 Positive earnings each of 10 years	7 years reported missing 2016, 2017, 2018	10 of 10	None / 15
4 Dividends every year for 20 years	14 of 20 missing 2006, 2007, 2008, 2009, 2010, 2011 XBRL check: 13 years agree, 7 unverified	20 of 20	10.5 / 15
5 EPS growth, 3-yr avg now vs 10 yrs ago	4.91 -> 16.57 (+238%)	>= +33%	10.0 / 10
6 P/E on 3-year average EPS	40.7	<= 15	0.0 / 15
7 P/B <= 1.5, or P/E x P/B <= 22.5	P/B 4.73, product 192.3	<= 1.5 or <= 22.5	0.0 / 10

Inputs, 34 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	673.82	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Revenue	44556000000.0	2025-12-31 stale	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-26-000018	unverified
current_assets	23365000000.0	2026-06-27 stale	SEC XBRL AssetsCurrent 0000097745-26-000144	unverified
current_liabilities	15069000000.0	2026-06-27 stale	SEC XBRL LiabilitiesCurrent 0000097745-26-000144	unverified
lt_debt	39181000000.0	2026-06-27 stale	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000097745-26-000144	unverified
equity	52679000000.0	2026-06-27 stale	SEC XBRL StockholdersEquity 0000097745-26-000144	unverified
Net income FY2019	3698000000.0	2019-12-31 history	SEC XBRL ProfitLoss 0000097745-22-000011	unverified
Net income FY2020	6377000000.0	2020-12-31 history	SEC XBRL ProfitLoss 0000097745-23-000008	unverified
Net income FY2021	7728000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss 0001193125-26-144585	unverified
Net income FY2022	6960000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss 0001193125-26-144585	unverified
Net income FY2023	5995000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Net income FY2024	6335000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Net income FY2025	6704000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Dividend years (Yahoo)	[1993, 1996, 2001, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	verified (partly: XBRL covers 13 of 20 years)
Dividends per share FY2013 (XBRL)	0.6	2013-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-16-000043	verified
Dividends per share FY2014 (XBRL)	0.6	2014-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-17-000025	verified
Dividends per share FY2015 (XBRL)	0.6	2015-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-18-000006	verified
Dividends per share FY2016 (XBRL)	0.6	2016-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-19-000007	verified
Dividends per share FY2017 (XBRL)	0.6	2017-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-20-000009	verified
Dividends per share FY2018 (XBRL)	0.68	2018-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-21-000011	verified
Dividends per share FY2019 (XBRL)	0.76	2019-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-22-000011	verified
Dividends per share FY2020 (XBRL)	0.88	2020-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-23-000008	verified
Dividends per share FY2021 (XBRL)	1.04	2021-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-24-000007	verified
Dividends per share FY2022 (XBRL)	1.2	2022-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-25-000010	verified
Dividends per share FY2023 (XBRL)	1.4	2023-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-26-000018	verified
Dividends per share FY2024 (XBRL)	1.56	2024-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-26-000018	verified
Dividends per share FY2025 (XBRL)	1.72	2025-12-31 history	SEC XBRL CommonStockDividendsPerShareDeclared 0000097745-26-000018	verified
EPS diluted FY2014	4.71	2014-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-17-000025	unverified
EPS diluted FY2015	4.92	2015-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-18-000006	unverified
EPS diluted FY2016	5.09	2016-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-19-000007	unverified
EPS diluted FY2023	15.45	2023-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-26-000018	unverified
EPS diluted FY2024	16.53	2024-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-26-000018	unverified
EPS diluted FY2025	17.74	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-26-000018	unverified
Shares outstanding	369747286.0	2026-06-27 stale	SEC cover page 10-Q 0000097745-26-000144 (369,747,286 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/97745/000009774526000144/tmo-20260627.htm 0000097745-26-000144	not cross-checked

Magic Formula

24 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
Earnings yield (EBIT/EV) EBIT trailing twelve months; EV = market cap + debt (42,284,000,000) - cash	2.83 % (rank 156)
Return on capital (EBIT/(NWC+PPE)) net working capital 8,296,000,000 used as reported	42.76 % (rank 104)
Combined rank	260

Inputs, 13 numbers with their sources

Input	Value	Period	Source	Check
operating_income	7746000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000097745-26-000018	not cross-checked
operating_income_q	1863000000.0	2026-03-28 stale	SEC XBRL OperatingIncomeLoss (quarter CY2026Q1) 0000097745-26-000092	not cross-checked
operating_income_q	1716000000.0	2025-03-29 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q1) 0000097745-26-000092	not cross-checked
operating_income_q	2087000000.0	2026-06-27 stale	SEC XBRL OperatingIncomeLoss (quarter CY2026Q2) 0000097745-26-000144	not cross-checked
operating_income_q	1834000000.0	2025-06-28 history	SEC XBRL OperatingIncomeLoss (quarter CY2025Q2) 0000097745-26-000144	not cross-checked
current_assets	23365000000.0	2026-06-27 stale	SEC XBRL AssetsCurrent 0000097745-26-000144	not cross-checked
current_liabilities	15069000000.0	2026-06-27 stale	SEC XBRL LiabilitiesCurrent 0000097745-26-000144	not cross-checked
cash	4064000000.0	2026-06-27 stale	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000097745-26-000144	not cross-checked
ppe_net	10755000000.0	2026-06-27 stale	SEC XBRL PropertyPlantAndEquipmentNet 0000097745-26-000144	not cross-checked
debt_incl_current	42284000000.0	2026-06-27 stale	SEC XBRL LongTermDebt 0000097745-26-000144	not cross-checked
shares_out	369747286.0	2026-06-27 stale	SEC cover page 10-Q 0000097745-26-000144 (369,747,286 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/97745/000009774526000144/tmo-20260627.htm 0000097745-26-000144	not cross-checked
Price (close)	673.82	2026-10-23	Yahoo Finance / Alpaca Market Data	not cross-checked
note	debt = LongTermDebt (incl. current maturities)			not cross-checked

Momentum

73 of 100. ok. How this is scored.

Test or factor	Value	Points
12-1 month return	16.7 % (percentile 62.7)	31.4 / 50
6 month return	44.6 % (percentile 93.3)	18.7 / 20
Price / 52-week high	0.967	14.5 / 15
Volatility penalty (60d annualised)	25.5 %	8.8 / 15

Inputs, 1 numbers with their sources

Input	Value	Period	Source	Check
Adjusted close series (14 months)	673.82	2026-10-23	Yahoo Finance / Alpaca Market Data daily history	not cross-checked

Insider

0 of 100. ok. How this is scored. Form 4 data loaded through 2026-10-23

Test or factor	Value	Points
Open-market buy value / market cap (percentile among buyers)	0.0 bp	0.0 / 35
Distinct buyers	0	0.0 / 25
Buyer seniority	0.0	0.0 / 20
Recency (half-life 30d)	0.0	0.0 / 10
Sales penalty (excludes 10b5-1 plan sales)	0.43 bp	-5.4 / 0

Inputs, 33 numbers with their sources

Input	Value	Period	Source	Check
Form 4 S Britt Lisa P. 2026-08-19	7014092.8	2026-08-19	SEC Form 4 (insider transactions data set)	not cross-checked
Form 4 S Holmes Joseph R. 2026-08-07	245620.19999999998	2026-08-07	SEC Form 4 (insider transactions data set)	not cross-checked
Form 4 S Britt Lisa P. 2026-08-06	3393000.0	2026-08-06	SEC Form 4 (insider transactions data set)	not cross-checked
excluded 2026-08-31 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-31 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-24 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-24 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-24 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-24 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-21 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-21 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-21 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-21 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-21 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-20 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-11 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-11 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-07 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-07 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-07 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-07 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-07 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-07 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-07 S	10b5-1 plan		rule	not cross-checked
excluded 2026-08-07 S	10b5-1 plan		rule	not cross-checked

Buffett Quality

65 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Average return on equity (net income / year-end equity)	14.8% over 7 yrs	>= 15%	24.4 / 25
2 Profitable every year	7 of 7	all years	15.0 / 15
3 Net income growth, 3-yr average now vs start of window	+1.7% a year	>= +10%	1.7 / 10
4 Borrowings / 3-yr average earnings (years to repay) LongTermDebt (incl. current maturities)	6.7 years	<= 4	5.0 / 15
5 Operating margin, 5-yr average	19.0%	>= 20%	9.1 / 10
6 Free cash flow / net income, 5-yr (operating cash flow minus capex)	1.01	>= 1.0	10.0 / 10
7 Owner-earnings yield (3-yr avg free cash flow / market cap)	2.7%	>= 7%	0.0 / 15

Inputs, 44 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	673.82	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
Net income FY2019	3698000000.0	2019-12-31 history	SEC XBRL ProfitLoss 0000097745-22-000011	unverified
Equity at FY2019 end	29675000000.0	2019-12-31 history	SEC XBRL StockholdersEquity 0000097745-21-000058	unverified
Net income FY2020	6377000000.0	2020-12-31 history	SEC XBRL ProfitLoss 0000097745-23-000008	unverified
Equity at FY2020 end	34507000000.0	2020-12-31 history	SEC XBRL StockholdersEquity 0000097745-22-000011	unverified
Net income FY2021	7728000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss 0001193125-26-144585	unverified
Equity at FY2021 end	40793000000.0	2021-12-31 history	SEC XBRL StockholdersEquity 0000097745-23-000008	unverified
Net income FY2022	6960000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss 0001193125-26-144585	unverified
Equity at FY2022 end	43978000000.0	2022-12-31 history	SEC XBRL StockholdersEquity 0000097745-24-000007	unverified
Net income FY2023	5995000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Equity at FY2023 end	46735000000.0	2023-12-31 history	SEC XBRL StockholdersEquity 0000097745-25-000010	unverified
Net income FY2024	6335000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Equity at FY2024 end	49584000000.0	2024-12-31 history	SEC XBRL StockholdersEquity 0000097745-26-000018	unverified
Net income FY2025	6704000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Equity at FY2025 end	53407000000.0	2025-12-31 history	SEC XBRL StockholdersEquity 0000097745-26-000144	unverified
Net income FY2019	3698000000.0	2019-12-31 history	SEC XBRL ProfitLoss 0000097745-22-000011	unverified
Net income FY2020	6377000000.0	2020-12-31 history	SEC XBRL ProfitLoss 0000097745-23-000008	unverified
Net income FY2021	7728000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss 0001193125-26-144585	unverified
Net income FY2022	6960000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss 0001193125-26-144585	unverified
Net income FY2023	5995000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Net income FY2024	6335000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Net income FY2025	6704000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
debt_incl_current	42284000000.0	2026-06-27 stale	SEC XBRL LongTermDebt 0000097745-26-000144	unverified
Operating income FY2021	10028000000.0	2021-12-31 history	SEC XBRL OperatingIncomeLoss 0000097745-24-000007	unverified
Revenue FY2021	39211000000.0	2021-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-24-000007	unverified
Operating income FY2022	8393000000.0	2022-12-31 history	SEC XBRL OperatingIncomeLoss 0000097745-25-000010	unverified
Revenue FY2022	44915000000.0	2022-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-25-000010	unverified
Operating income FY2023	6859000000.0	2023-12-31 history	SEC XBRL OperatingIncomeLoss 0000097745-26-000018	unverified
Revenue FY2023	42857000000.0	2023-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-26-000018	unverified
Operating income FY2024	7337000000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0000097745-26-000018	unverified
Revenue FY2024	42879000000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-26-000018	unverified
Operating income FY2025	7746000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000097745-26-000018	unverified
Revenue FY2025	44556000000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-26-000018	unverified
Operating cash flow FY2021	9312000000.0	2021-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000097745-24-000007	unverified
Capital expenditure FY2021	2523000000.0	2021-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000097745-24-000007	unverified
Operating cash flow FY2022	9154000000.0	2022-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000097745-25-000010	unverified
Capital expenditure FY2022	2243000000.0	2022-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000097745-25-000010	unverified
Operating cash flow FY2023	8406000000.0	2023-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000097745-26-000018	unverified
Capital expenditure FY2023	1479000000.0	2023-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000097745-26-000018	unverified
Operating cash flow FY2024	8667000000.0	2024-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000097745-26-000018	unverified
Capital expenditure FY2024	1400000000.0	2024-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000097745-26-000018	unverified
Operating cash flow FY2025	7818000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000097745-26-000018	unverified
Capital expenditure FY2025	1525000000.0	2025-12-31 history	SEC XBRL PaymentsToAcquirePropertyPlantAndEquipment 0000097745-26-000018	unverified
Shares outstanding	369747286.0	2026-06-27 stale	SEC cover page 10-Q 0000097745-26-000144 (369,747,286 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/97745/000009774526000144/tmo-20260627.htm 0000097745-26-000144	not cross-checked

Lynch GARP

27 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 PEG: P/E divided by 5-yr EPS growth (in % points)	17.77	<= 1.0	0.0 / 30
2 EPS growth, 5-yr compound rate	+2.1% a year	12% to 35% a year	3.6 / 20
3 P/E on latest annual EPS	38.0	<= 25	1.3 / 10
4 Borrowings / equity LongTermDebt (incl. current maturities)	0.8	<= 0.5	10.5 / 15
5 Years of the last 5 in which EPS rose	3 of 5	5 of 5	9.0 / 15
6 Net cash (cash minus borrowings) / market cap	-15.3%	>= +10%	2.8 / 10

Inputs, 6 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	673.82	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
EPS diluted FY2025	17.74	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-26-000018	unverified
EPS diluted FY2020	15.96	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-23-000008	unverified
debt_incl_current	42284000000.0	2026-06-27 stale	SEC XBRL LongTermDebt 0000097745-26-000144	unverified
equity	52679000000.0	2026-06-27 stale	SEC XBRL StockholdersEquity 0000097745-26-000144	unverified
cash	4064000000.0	2026-06-27 stale	SEC XBRL CashAndCashEquivalentsAtCarryingValue 0000097745-26-000144	unverified

Graham Enterprising

50 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Current ratio	1.55	>= 1.5	15.0 / 15
2 Borrowings vs working capital LongTermDebt (incl. current maturities)	5.1 x	<= 1.1x	0.0 / 15
3 No earnings deficit in the last 5 years	5 of 5 profitable	5 of 5	15.0 / 15
4 Pays a current dividend	yes	yes	10.0 / 10
5 EPS higher than five years earlier	15.96 -> 17.74	higher	10.0 / 10
6 Price / book value per share book value used because intangibles are not separated in the dataset (Graham uses net tangible assets)	4.73	<= 1.2	0.0 / 20
7 Price / net current asset value per share (current assets minus all liabilities) net current asset value not positive	—	<= 0.67	0.0 / 15

Inputs, 14 numbers with their sources

Input	Value	Period	Source	Check
Price (close, per traded unit)	673.82	2026-10-23	Alpaca Market Data (consolidated SIP daily bar)	not cross-checked
current_assets	23365000000.0	2026-06-27 stale	SEC XBRL AssetsCurrent 0000097745-26-000144	unverified
current_liabilities	15069000000.0	2026-06-27 stale	SEC XBRL LiabilitiesCurrent 0000097745-26-000144	unverified
debt_incl_current	42284000000.0	2026-06-27 stale	SEC XBRL LongTermDebt 0000097745-26-000144	unverified
Net income FY2021	7728000000.0	2021-12-31 history	SEC XBRL NetIncomeLoss 0001193125-26-144585	unverified
Net income FY2022	6960000000.0	2022-12-31 history	SEC XBRL NetIncomeLoss 0001193125-26-144585	unverified
Net income FY2023	5995000000.0	2023-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Net income FY2024	6335000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Net income FY2025	6704000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
Dividend years (Yahoo)	[2019, 2020, 2021, 2022, 2023, 2024, 2025, 2026]	history	Yahoo Finance dividend history	not cross-checked
EPS diluted FY2025	17.74	2025-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-26-000018	unverified
EPS diluted FY2020	15.96	2020-12-31 history	SEC XBRL EarningsPerShareDiluted 0000097745-23-000008	unverified
equity	52679000000.0	2026-06-27 stale	SEC XBRL StockholdersEquity 0000097745-26-000144	unverified
Shares outstanding	369747286.0	2026-06-27 stale	SEC cover page 10-Q 0000097745-26-000144 (369,747,286 shares (single class on cover)); filing document https://www.sec.gov/Archives/edgar/data/97745/000009774526000144/tmo-20260627.htm 0000097745-26-000144	not cross-checked

Piotroski F-Score

67 of 100. ok. How this is scored.

Test or factor	Value	Threshold	Points
1 Return on assets is positive	6.1%	pass = 1	11.11111111111111 / 11.11111111111111
2 Operating cash flow is positive	7,818M	pass = 1	11.11111111111111 / 11.11111111111111
3 Return on assets improved on the prior year	6.5% -> 6.1%	pass = 1	0.0 / 11.11111111111111
4 Operating cash flow exceeds net income (accruals)	7,818M vs 6,704M	pass = 1	11.11111111111111 / 11.11111111111111
5 Long-term debt / assets fell	29.9% -> 32.5%	pass = 1	0.0 / 11.11111111111111
6 Current ratio improved	1.66 -> 1.89	pass = 1	11.11111111111111 / 11.11111111111111
7 No new shares issued (share count did not rise)	378M -> 370M	pass = 1	11.11111111111111 / 11.11111111111111
8 Operating margin improved (stand-in for gross margin, which the dataset does not carry)	17.1% -> 17.4%	pass = 1	11.11111111111111 / 11.11111111111111
9 Asset turnover (revenue / assets) improved	0.44 -> 0.40	pass = 1	0.0 / 11.11111111111111

Inputs, 27 numbers with their sources

Input	Value	Period	Source	Check
net_income 2025-12-31	6704000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
total_assets 2025-12-31	110343000000.0	2025-12-31 history	SEC XBRL Assets 0000097745-26-000144	unverified
cfo 2025-12-31	7818000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000097745-26-000018	unverified
net_income 2025-12-31	6704000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
net_income 2024-12-31	6335000000.0	2024-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
total_assets 2025-12-31	110343000000.0	2025-12-31 history	SEC XBRL Assets 0000097745-26-000144	unverified
total_assets 2024-12-31	97321000000.0	2024-12-31 history	SEC XBRL Assets 0000097745-26-000018	unverified
cfo 2025-12-31	7818000000.0	2025-12-31 history	SEC XBRL NetCashProvidedByUsedInOperatingActivities 0000097745-26-000018	unverified
net_income 2025-12-31	6704000000.0	2025-12-31 history	SEC XBRL NetIncomeLoss (10-K via companyfacts; frames served proxy 0001193125-26-144585) 0000097745-26-000018	unverified
lt_debt 2025-12-31	35852000000.0	2025-12-31 history	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000097745-26-000144	unverified
lt_debt 2024-12-31	29061000000.0	2024-12-31 history	SEC XBRL LongTermDebtAndCapitalLeaseObligations 0000097745-26-000018	unverified
total_assets 2025-12-31	110343000000.0	2025-12-31 history	SEC XBRL Assets 0000097745-26-000144	unverified
total_assets 2024-12-31	97321000000.0	2024-12-31 history	SEC XBRL Assets 0000097745-26-000018	unverified
current_assets 2025-12-31	28707000000.0	2025-12-31 history	SEC XBRL AssetsCurrent 0000097745-26-000144	unverified
current_assets 2024-12-31	22137000000.0	2024-12-31 history	SEC XBRL AssetsCurrent 0000097745-26-000018	unverified
current_liabilities 2025-12-31	15189000000.0	2025-12-31 history	SEC XBRL LiabilitiesCurrent 0000097745-26-000144	unverified
current_liabilities 2024-12-31	13332000000.0	2024-12-31 history	SEC XBRL LiabilitiesCurrent 0000097745-26-000018	unverified
shares_out 2026-06-27	369747286.0	2026-06-27 history	SEC XBRL EntityCommonStockSharesOutstanding 0000097745-26-000144	unverified
shares_out 2025-06-28	377612121.0	2025-06-28 history	SEC XBRL EntityCommonStockSharesOutstanding 0000097745-25-000101	unverified
operating_income 2025-12-31	7746000000.0	2025-12-31 history	SEC XBRL OperatingIncomeLoss 0000097745-26-000018	unverified
operating_income 2024-12-31	7337000000.0	2024-12-31 history	SEC XBRL OperatingIncomeLoss 0000097745-26-000018	unverified
revenue 2025-12-31	44556000000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-26-000018	unverified
revenue 2024-12-31	42879000000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-26-000018	unverified
revenue 2025-12-31	44556000000.0	2025-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-26-000018	unverified
revenue 2024-12-31	42879000000.0	2024-12-31 history	SEC XBRL RevenueFromContractWithCustomerExcludingAssessedTax 0000097745-26-000018	unverified
total_assets 2025-12-31	110343000000.0	2025-12-31 history	SEC XBRL Assets 0000097745-26-000144	unverified
total_assets 2024-12-31	97321000000.0	2024-12-31 history	SEC XBRL Assets 0000097745-26-000018	unverified

Earnings record

SEC XBRL, by fiscal year (named by the calendar year it ends in); EPS split-adjusted to today's shares; each row links to the filing.

FY	Ended	Revenue, $M	Net income, $M	EPS diluted	Dividend	Filing
2013	2013-12-31	13,090	1,273	3.48	paid	0000097745-14-000032
2014	2014-12-31	16,890		4.71	paid	0000097745-17-000025
2015	2015-12-31	16,965		4.92	paid	0000097745-18-000006
2016	2016-12-31	18,274		5.09	paid	0000097745-18-000006
2017	2017-12-31	20,918		5.59	paid	0000097745-18-000006
2018	2018-12-31	24,358		7.24	paid	0000097745-21-000011
2019	2019-12-31	25,542	3,698	9.17	paid	0000097745-22-000011
2020	2020-12-31	32,218	6,377	15.96	paid	0000097745-23-000008
2021	2021-12-31	39,211	7,728	19.46	paid	0001193125-26-144585
2022	2022-12-31	44,915	6,960	17.63	paid	0001193125-26-144585
2023	2023-12-31	42,857	5,995	15.45	paid	0000097745-26-000018
2024	2024-12-31	42,879	6,335	16.53	paid	0000097745-26-000018
2025	2025-12-31	44,556	6,704	17.74	paid	0000097745-26-000018

Insider transactions

SEC Form 4 open-market purchases and sales from the insider data sets; latest 20.

Date	Insider	Role	Type	Shares	Price	Value
2026-08-31	Pettiti Gianluca	Pres	sale plan	400	614.38	245,752
2026-08-31	Pettiti Gianluca	Pres	sale plan	3,733	614.38	2,293,481
2026-08-24	Casper Marc N	CEO	sale plan	101	625.41	63,166
2026-08-24	Casper Marc N	CEO	sale plan	62	628.74	38,982
2026-08-24	Casper Marc N	CEO	sale plan	79	628.01	49,613
2026-08-24	Casper Marc N	CEO	sale plan	33	626.59	20,677
2026-08-21	Casper Marc N	CEO	sale plan	2,727	625.46	1,705,629
2026-08-21	Casper Marc N	CEO	sale plan	3,014	626.51	1,888,301
2026-08-21	Casper Marc N	CEO	sale plan	1,791	627.39	1,123,655
2026-08-21	Casper Marc N	CEO	sale plan	2,147	628.61	1,349,626
2026-08-21	Casper Marc N	CEO	sale plan	321	629.10	201,941
2026-08-20	Casper Marc N	CEO	sale plan	560	632.94	354,446
2026-08-20	Casper Marc N	CEO	sale plan	1,430	632.01	903,774
2026-08-20	Casper Marc N	CEO	sale plan	1,035	630.87	652,950
2026-08-20	Casper Marc N	CEO	sale plan	1,250	629.85	787,312
2026-08-20	Casper Marc N	CEO	sale plan	1,314	627.66	824,745
2026-08-20	Casper Marc N	CEO	sale plan	821	626.83	514,627
2026-08-20	Casper Marc N	CEO	sale plan	909	625.45	568,534
2026-08-20	Casper Marc N	CEO	sale plan	80	633.99	50,719
2026-08-20	Casper Marc N	CEO	sale plan	2,601	628.82	1,635,561

Filings and links

Third-party sites are linked only; nothing from them is stored here.

SEC: filing index, 8-K, Form 4, XBRL companyfacts
Prices: Yahoo Finance, Stooq
Elsewhere: morningstar, finviz, stockanalysis, seeking alpha, openinsider, google news

Cite as: The Claude Trader snapshot 2026-10-26, https://theclaudetrader.com/s/TMO; data from SEC EDGAR XBRL and market prices (Alpaca Market Data, Yahoo Finance) to 2026-10-23. Data last checked 2026-10-26.