A vs. TMO
A (Agilent Technologies, Inc.) and TMO (Thermo Fisher Scientific Inc.) are both stocks. Both operate in the Diagnostics & Research industry within the Healthcare sector. Over the past 10 years, A returned 12.24%/yr vs 14.21%/yr for TMO. Their 0.58 correlation means they have sometimes moved together and sometimes differently.
Performance
A vs. TMO - Performance Comparison
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Returns By Period
In the year-to-date period, A achieves a 2.30% return, which is significantly higher than TMO's -0.69% return. Over the past 10 years, A has underperformed TMO with an annualized return of 12.24%, while TMO has yielded a comparatively higher 14.21% annualized return.
A
- 1D
- -0.25%
- 1M
- 5.88%
- 6M
- 3.81%
- YTD
- 2.30%
- 1Y
- 22.89%
- 3Y*
- 4.95%
- 5Y*
- -1.32%
- 10Y*
- 12.24%
- ALL TIME*
- 6.06%
TMO
- 1D
- -0.43%
- 1M
- 9.72%
- 6M
- -0.55%
- YTD
- -0.69%
- 1Y
- 24.48%
- 3Y*
- 2.03%
- 5Y*
- 1.52%
- 10Y*
- 14.21%
- ALL TIME*
- 12.29%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $295.78M | $297.36M | $311.22M | |
| $1.57B | $1.22B | $1.19B |
A vs. TMO - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
A Agilent Technologies, Inc. | 2.30% | 1.92% | -2.70% | -6.42% | -5.52% | 35.51% | 39.79% | 27.54% | 1.67% | 48.32% |
TMO Thermo Fisher Scientific Inc. | -0.69% | 11.78% | -1.72% | -3.36% | -17.29% | 43.54% | 43.72% | 45.55% | 18.21% | 35.03% |
Correlation
The correlation between A and TMO is 0.72, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.72 |
Correlation (3Y) Balances recent behavior with more history. | 0.73 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.74 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.73 |
Correlation (All Time) Calculated using the full available price history since Nov 18, 1999 | 0.58 |
The correlation between A and TMO shifts across timeframes, from 0.58 (all time) to 0.74 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
A:
$39.08B
TMO:
$213.42B
A:
$4.98
TMO:
$18.62
A:
27.79
TMO:
30.84
A:
5.43
TMO:
4.64
A:
5.52
TMO:
4.04
A:
$7.23B
TMO:
$46.34B
A:
$1.88B
TMO:
$18.71B
A:
$1.73B
TMO:
$10.94B
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Return for Risk
A vs. TMO — Risk / Return Rank
A
TMO
A vs. TMO - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Agilent Technologies, Inc. (A) and Thermo Fisher Scientific Inc. (TMO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| A | TMO | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.11 | ||
| Sortino ratioReturn per unit of downside risk | +0.01 | ||
| Omega ratioGain probability vs. loss probability | 1.15 | 1.16 | -0.01 |
| Calmar ratioReturn relative to maximum drawdown | 0.73 | 0.74 | -0.02 |
| Martin ratioReturn relative to average drawdown | 1.34 | 1.46 | -0.12 |
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Drawdowns
A vs. TMO - Drawdown Comparison
The maximum A drawdown since its inception was -93.18%, which is greater than TMO's maximum drawdown of -71.16%. Use the drawdown chart below to compare losses from any high point for A and TMO.
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Drawdown Indicators
| A | TMO | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -93.18% | -71.16% | -22.02% |
Max Drawdown (1Y)Largest decline over 1 year | -29.75% | -31.38% | +1.63% |
Max Drawdown (3Y)Largest decline over 3 years | -35.32% | -37.28% | +1.96% |
Max Drawdown (5Y)Largest decline over 5 years | -43.19% | -40.95% | -2.24% |
Max Drawdown (10Y)Largest decline over 10 years | -43.19% | -40.95% | -2.24% |
Current DrawdownCurrent decline from peak | -20.03% | -12.79% | -7.24% |
Average DrawdownAverage peak-to-trough decline | -57.08% | -18.12% | -38.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 16.10% | 15.94% | +0.16% |
Volatility
A vs. TMO - Volatility Comparison
The current volatility for Agilent Technologies, Inc. (A) is 8.22%, while Thermo Fisher Scientific Inc. (TMO) has a volatility of 10.24%. This indicates that A experiences smaller price fluctuations and is considered to be less risky than TMO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| A | TMO | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 8.22% | 10.24% | -2.02% |
Volatility (6M)Calculated over the trailing 6-month period | 25.52% | 24.17% | +1.35% |
Volatility (1Y)Calculated over the trailing 1-year period | 32.92% | 30.65% | +2.27% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 30.28% | 27.64% | +2.64% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 28.21% | 26.57% | +1.64% |
Dividends
A vs. TMO - Dividend Comparison
A's dividend yield for the trailing twelve months is around 0.73%, more than TMO's 0.31% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
A Agilent Technologies, Inc. | 0.73% | 0.55% | 0.71% | 0.66% | 0.71% | 0.49% | 0.46% | 0.79% | 0.91% | 0.81% | 1.05% | 1.23% |
TMO Thermo Fisher Scientific Inc. | 0.31% | 0.30% | 0.30% | 0.26% | 0.22% | 0.16% | 0.19% | 0.23% | 0.30% | 0.32% | 0.43% | 0.42% |
Financials
A vs. TMO - Financials Comparison
This section allows you to compare key financial metrics between Agilent Technologies, Inc. and Thermo Fisher Scientific Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
A vs. TMO - Profitability Comparison
A - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Agilent Technologies, Inc. reported a gross profit of -946.00M and revenue of 1.84B. Therefore, the gross margin over that period was -51.6%.
TMO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Thermo Fisher Scientific Inc. reported a gross profit of 4.94B and revenue of 11.99B. Therefore, the gross margin over that period was 41.2%.
A - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Agilent Technologies, Inc. reported an operating income of 399.00M and revenue of 1.84B, resulting in an operating margin of 21.7%.
TMO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Thermo Fisher Scientific Inc. reported an operating income of 2.09B and revenue of 11.99B, resulting in an operating margin of 17.4%.
A - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Agilent Technologies, Inc. reported a net income of 339.00M and revenue of 1.84B, resulting in a net margin of 18.5%.
TMO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Thermo Fisher Scientific Inc. reported a net income of 1.74B and revenue of 11.99B, resulting in a net margin of 14.5%.
Frequently Asked Questions
A and TMO have a correlation of 0.72, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
TMO has higher volatility (10.24%) compared to A (8.22%). In terms of maximum drawdown, A dropped -93.18% vs TMO's -71.16%.
TMO currently has the higher Sharpe Ratio (0.76 vs 0.66), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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