TECH vs TMO

Bio-Techne (TECH) and Thermo Fisher Scientific (TMO) compared side by side. Thermo Fisher Scientific (TMO) is larger, with a market cap of $249.1B versus $11.4B for Bio-Techne, about 21.9 times the size. On trailing earnings, TMO is cheaper at 35.5x versus 62.5x for TECH.

Head to head

MetricTECHTMO
Market cap$11.4B$249.1B
P/E (TTM)62.5x35.5x
Forward P/E31.4x24.3x
Revenue (TTM)$1.2B$47.4B
Revenue growth1.3%9.1%
Gross margin66.2%41.2%
Operating margin27.9%20.2%
Free cash flow$263.2M$7.3B
Dividend yield0.44%0.28%
1-year return+10.4%+18.2%
5-year return (annual)-10.1%+2.2%
Max drawdown-74%-71%
FI Handbook gradeCC+

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

$5.0K
$7.5K
$10.0K
20222023202420252026
TECHTMO

TECH vs TMO FAQ

Which is bigger, TECH or TMO?

Thermo Fisher Scientific (TMO) is larger, with a market cap of $249.1B versus $11.4B for Bio-Techne, about 21.9 times the size.

Is TECH or TMO cheaper?

On trailing earnings, TMO is cheaper at 35.5x versus 62.5x for TECH. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, TECH or TMO?

TMO returned +18.2% over the past year including dividends, versus +10.4% for TECH, through October 23, 2026.

Which pays a higher dividend, TECH or TMO?

TECH yields 0.44% versus 0.28% for TMO.

Full pages: Bio-Techne · Thermo Fisher Scientific