TMO

Stock

Thermo Fisher Scientific Inc.

One email when a drop — in price or in valuation — is historically rare for TMO. Otherwise we stay quiet.

Mild dip

Nothing to see here.

Thermo Fisher Scientific Inc. is 5.8% off its high — a mild dip, shallower than its 4.6% average pullback. Whatever the news says today, this isn't historically significant.

Price $622.18 · as of Aug 28, 2026All-time high $660.35Drawdown -5.8%Severity Score™ 1.2Is the broader market down too?
🟢

Slightly Elevated

Current Drawdown

-5.8%

Days in Drawdown

1684

Avg Max Drawdown

4.6%

Avg Length

48

Drawdown Severity Score™

1.2

TMO - Price & High Water Mark

TMO - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of August 27, 2026 · updated daily

Where today's valuation sits within TMO's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

5.1xSeverity Score 0.0 · In or above its typical range
Low: 1.2xMedian: 3.5xHigh: 7.4x

Thermo Fisher Scientific Inc. has been cheaper on this measure only about 82% of the time in 20 years of daily history.

31.7% below its highest Price to Sales reading · high date October 27, 2020

Price to Sales history

EV to EBITDA

26.1xSeverity Score 0.0 · In or above its typical range
Low: 6.8xMedian: 18.3xHigh: 53.1x

Thermo Fisher Scientific Inc. has been cheaper on this measure only about 96% of the time in 20 years of daily history.

50.9% below its highest EV to EBITDA reading · high date April 26, 2007

EV to EBITDA history · log scale

How we measure valuation

Thermo Fisher Scientific Inc. (TMO) Analysis: Current Drawdown Insights

Thermo Fisher Scientific Inc. is currently in a moderate drawdown. As of 2026-08-28, the stock is trading at $622.18, down 5.8% from its all-time high of $660.35. This pullback has lasted 1684 days.

Based on its full tracked price history, Thermo Fisher Scientific Inc. typically experiences drawdowns averaging 4.6% in depth, with an average duration of 48 days. Thermo Fisher Scientific Inc. has gone through 265 total drawdown events in its tracked history. The largest drawdown on record for Thermo Fisher Scientific Inc. was 71.2%, beginning in 1998. The longest drawdown duration on record was 3035 days.

The Drawdown Severity Score™ for Thermo Fisher Scientific Inc. currently stands at 1.20. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score below 2.0 indicates a normal drawdown within the stock's typical range: a routine pullback.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Thermo Fisher Scientific Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 265 tracked pullbacks (68 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2022-01-17Ongoing1684 days-5.8%$660.35$622.18n/a
2021-12-282021-12-292 days-1.0%$655.37$648.62$655.89
2021-12-172021-12-2711 days-2.4%$654.42$638.68$655.37
2021-11-302021-12-1516 days-4.1%$641.82$615.58$648.97
2021-11-042021-11-2926 days-4.0%$635.48$610.19$641.82
2021-10-252021-10-273 days-0.7%$605.40$601.23$605.73
2021-09-272021-10-2226 days-6.7%$603.24$562.90$605.40
2021-09-202021-09-212 days-1.1%$590.40$583.87$590.64
2021-09-092021-09-179 days-2.3%$566.18$552.88$590.40
2021-08-312021-09-012 days-0.6%$552.29$548.75$555.44
2021-08-182021-08-3013 days-2.1%$550.09$538.57$552.29
2021-08-062021-08-138 days-0.9%$536.29$531.25$538.55
2021-08-022021-08-054 days-1.2%$533.97$527.71$536.29
2021-07-262021-07-294 days-0.7%$526.31$522.36$527.80
2020-11-092021-07-23256 days-16.7%$520.92$433.95$526.31
2020-10-282020-11-037 days-3.6%$483.05$465.86$485.23
2020-10-232020-10-264 days-0.4%$475.84$474.04$476.27
2020-10-192020-10-213 days-1.6%$462.61$455.40$462.78
2020-10-142020-10-163 days-0.6%$461.56$458.63$462.61
2020-10-062020-10-072 days-1.1%$444.92$440.20$446.59
2020-10-012020-10-055 days-1.5%$435.88$429.51$444.92
2020-09-032020-09-3028 days-8.1%$435.21$399.92$435.88
2020-08-242020-08-318 days-2.1%$422.88$414.19$423.29
2020-08-062020-08-1914 days-3.0%$414.33$401.84$415.04
2020-08-042020-08-052 days-0.8%$413.53$410.20$414.33
2020-07-282020-07-314 days-1.5%$407.95$401.96$408.46
2020-07-232020-07-275 days-1.1%$405.31$400.99$407.95
2020-07-162020-07-172 days-0.1%$387.49$387.21$390.15
2020-07-102020-07-156 days-2.3%$382.53$373.90$387.49
2020-07-072020-07-082 days-0.5%$377.20$375.20$381.50
2020-07-012020-07-022 days-0.7%$357.53$355.00$361.04
2020-06-242020-06-307 days-2.5%$352.09$343.34$357.53
2020-06-082020-06-2316 days-5.0%$349.27$331.76$352.09
2020-06-032020-06-053 days-0.8%$345.22$342.36$349.27
2020-05-192020-05-2911 days-4.2%$342.14$327.94$344.33
2020-04-282020-05-1518 days-4.7%$337.94$322.17$338.15
2020-01-232020-04-2795 days-24.9%$335.06$251.75$337.94
2020-01-212020-01-222 days-0.6%$334.21$332.31$335.06
2020-01-102020-01-134 days-0.3%$324.77$323.91$327.15
2019-12-242020-01-0917 days-1.6%$323.23$318.08$324.77
2019-12-172019-12-193 days-0.6%$316.74$314.91$318.51
2019-12-092019-12-135 days-1.2%$315.23$311.60$315.61
2019-11-292019-12-046 days-0.8%$310.61$308.12$310.82
2019-11-212019-11-222 days-0.7%$302.64$300.65$303.07
2019-11-182019-11-203 days-1.9%$302.13$296.40$302.64
2019-07-052019-11-15134 days-12.1%$300.58$264.19$302.13
2019-06-252019-07-017 days-1.1%$290.85$287.59$294.65
2019-06-142019-06-185 days-0.3%$281.69$280.73$284.60
2019-04-152019-06-0754 days-8.2%$276.01$253.25$277.03
2019-04-092019-04-102 days-0.2%$273.81$273.20$274.24
2019-04-042019-04-085 days-0.6%$272.18$270.50$273.81
2018-12-042019-02-1574 days-17.2%$247.45$204.87$248.13
2015-12-302016-04-0496 days-14.7%$139.09$118.58$140.24
2015-07-242015-12-16146 days-15.9%$136.41$114.75$136.58
2014-03-102014-11-21257 days-13.1%$122.02$106.05$122.34
2011-07-082012-12-11523 days-33.6%$62.14$41.26$62.31
2008-08-182011-05-181004 days-53.9%$59.42$27.39$59.46
2007-10-242008-07-30281 days-15.9%$56.40$47.44$56.44
2006-05-082006-09-13129 days-13.8%$37.39$32.22$37.39
1998-01-022006-04-253035 days-71.2%$35.87$10.34$35.91
1996-06-061997-12-30573 days-34.5%$35.81$23.44$35.87
1994-10-051995-02-15134 days-13.9%$17.30$14.90$17.53
1994-02-031994-08-18196 days-17.2%$16.03$13.27$16.30
1992-02-121993-01-05329 days-19.6%$11.38$9.16$11.66
1989-10-041991-05-08582 days-42.1%$9.10$5.27$9.43
1987-03-061989-06-07824 days-60.4%$6.84$2.71$7.02
1986-07-241987-02-11203 days-28.5%$5.50$3.94$5.78
1986-04-221986-06-3069 days-15.7%$5.38$4.54$5.48
1985-12-051986-01-2249 days-14.1%$3.71$3.19$3.94

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Thermo Fisher Scientific Inc. (TMO) is trading at $622.18 as of Aug 28, 2026. It is 5.8% below its high of $660.35. The drawdown has lasted 1,684 days. Severity score: 1.2 (Slightly Elevated).

TMO Price History and Drawdown Data

Latest price

$622.18

High-water mark

$660.35

Current drawdown

-5.8%

Days in drawdown

1,684

This TMO page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Thermo Fisher Scientific Inc. drawdowns.

What History Says About TMO

Thermo Fisher Scientific Inc. has dropped 20%+ from its high 8 times in its tracked history. These events lasted an average of 855 days with an average max drop of -43.6%.

The current drawdown of -5.8% has lasted 1,684 days, which is 2.0x the average duration of comparable events.

PeriodMax DropDuration
Jan 1998 to Apr 2006-71.2%3035 days
Mar 1987 to Jun 1989-60.4%824 days
Aug 2008 to May 2011-53.9%1004 days
Oct 1989 to May 1991-42.1%582 days
Jun 1996 to Dec 1997-34.5%573 days
Jul 2011 to Dec 2012-33.6%523 days

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