Why did Thermo Fisher's operating profit increase in Q4 2024?

Thermo Fisher's operating profit increased in Q4 2024 due to several key factors:

1. **Revenue Growth**: The company's total revenue for the quarter was $11.4 billion. This increase in revenue contributes directly to the growth of operating profit.
2. **Diluted EPS Growth**: The Diluted Earnings Per Share (EPS) for the quarter was $4.78, with a year-over-year growth of 0.14. This indicates that the company's earnings are growing, which is a positive signal for operating profit.
3. **Investment in OSD Development**: Thermo Fisher has expanded its oral solid dose (OSD) development and manufacturing capabilities, which includes a $22-million total investment since 2021. Such investments can lead to increased efficiency and capacity, potentially resulting in higher operating profits.

In conclusion, the increase in Thermo Fisher's operating profit in Q4 2024 can be attributed to a combination of revenue growth, increased profitability per share, and strategic investments in capacity expansion.

|code|Ticker|Name|Date|Operating Income|Total Revenue|Diluted EPS|market_code|
|---|---|---|---|---|---|---|---|
|TMO|TMO.N|Thermo Fisher|2023 Q4|1.773E9|1.0886E10|4.2|169|
|TMO|TMO.N|Thermo Fisher|2024 Q1|1.579E9|1.0345E10|3.46|169|
|TMO|TMO.N|Thermo Fisher|2024 Q2|1.761E9|1.0541E10|4.04|169|
|TMO|TMO.N|Thermo Fisher|2024 Q3|1.76E9|1.0598E10|4.25|169|

|code|Ticker|Name|Date|Operating Income YoY|Total Revenue YoY|Diluted EPS YoY|market_code|
|---|---|---|---|---|---|---|---|
|TMO|TMO.N|Thermo Fisher|2024 Q1|12.065294535131299|-3.408029878618114|4.216867469879522|169|
|TMO|TMO.N|Thermo Fisher|2024 Q2|23.146853146853147|-1.3661457845981098|15.099715099715109|169|
|TMO|TMO.N|Thermo Fisher|2024 Q3|0.5139920045688178|0.22697181766597316|-3.8461538461538445|169|
|TMO|TMO.N|Thermo Fisher|2024 Q4|8.74224478285392|4.675730295792762|13.80952380952381|169|