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Thermo Fisher Scientific Inc. - Company Profile

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Thermo Fisher Scientific Inc. - Overview

Brands
Applied biosystems, Fisher Scientific, Gibco, Invitrogen, Ion Torrent, Patheon, PPD, Thermo Scientific, Unity Lab Services
Description
Thermo Fisher Scientific Inc. is a public company headquartered in Massachusetts with an estimated 130,000 employees. In the US, the company has a notable market share in at least three industries: Laboratory Supply Wholesaling, Laboratory Information Management Systems and Navigational Instrument Manufacturing. Their largest market share is in the Laboratory Supply Wholesaling industry, where they account for an estimated 54.2% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details

Registered Name: Thermo Fisher Scientific Inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 168 Third Avenue Waltham MA 02451

Website: http://www.thermofisher.com/

Employees: 130000

Thermo Fisher Scientific Inc. - Operating Industries and Main Competitors

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Thermo Fisher Scientific Inc. - Products and Services

  • Navigational Instrument Manufacturing in the US

    • Of the 7 core revenue-generating products and services in the Navigational Instrument Manufacturing in the US industry, Thermo Fisher Scientific Inc. offers:
    • Search, detection and navigation instruments

  • Laboratory Supply Wholesaling in the US

    • Of the 6 core revenue-generating products and services in the Laboratory Supply Wholesaling in the US industry, Thermo Fisher Scientific Inc. offers:
    • Laboratory equipment and supplies
    • Other professional equipment
    • School equipment and supplies
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  • Laboratory Information Management Systems

    • Of the 5 core revenue-generating products and services in the Laboratory Information Management Systems industry, Thermo Fisher Scientific Inc. offers:
    • Client/server LIMS
    • Standalone LIMS
    • Thin-client/server LIMS
    • AAAAA AAAAA
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Thermo Fisher Scientific Inc. - Analyst Insights

Commitment to achieving net-zero carbon emissions by 2050

On July 27, 2021, Thermo Fisher announced a new company initiative to achieve net-zero carbon emissions by the year 2050, which aligns with the provisions outlined by the Paris Climate Agreement and the UN's Race to Zero plan. Thermo Fisher will reduce its greenhouse emissions by 2030, with a further target to completely reduce its emissions by 2050. The companies push to energy efficiency aligns with the current trend across multiple industries both in manufacturing and in production to combat climate change.

ESG


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Thermo Fisher Scientific Inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Thermo Fisher Scientific Inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Navigational Instrument Manufacturing in the US, Laboratory Supply Wholesaling in the US, and Laboratory Information Management Systems industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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Thermo Fisher Scientific Inc. - Financial Statements & Ratios

pie_chartThermo Fisher Scientific Inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue39,211.032,218.025,542.024,358.020,918.018,274.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
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pie_chartThermo Fisher Scientific Inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents4,477.010,325.02,399.02,103.01,335.0786.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
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pie_chartThermo Fisher Scientific Inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income7,728.06,377.03,698.0N/AN/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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