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Danaher Corporation DHR SPX

Healthcare · Diagnostics & Research · United States
https://www.danaher.com
Company Profile ↓
$200.79
+2.29% 1Y
Mkt Cap$142.11B
P/E39.06
P/B2.66
Div. Yield0.80%
52W High$241.04
52W Low$161.57
Book Value$74.82
EPS (TTM)$5.14

Company Overview

Danaher Corporation designs, manufactures, and markets professional, medical, research, and industrial products and services in the United States, China, and internationally. The company operates through Biotechnology, Life Sciences, and Diagnostics segments. The Biotechnology segment provides technologies, consumables, services, and solutions that advance, accelerate, and integrate the development and manufacture of therapeutics; cell line and cell culture media development services; cell culture media, process liquids and buffers for manufacturing, chromatography resins, filtration technologies, and aseptic fill finish; single-use hardware, consumables, and services, such as the design and installation of full manufacturing suites; lab filtration, separation, and purification; lab-scale protein purification and analytical tools; reagents, membranes, and services for diagnostic and assay development; and healthcare filtration solutions. The Life Sciences segment provides mass spectrometers; bioanalytical measurement systems; flow cytometry, genomics, lab automation, centrifugation, liquid handling automation instruments, antibodies and reagents, and particle counting and characterization; genome sample preparation; microscopes; protein consumables; filtration products; and genomic medicines, such as custom nucleic acid products, and plasmid DNA, RNA, and proteins under the ABCAM, ALDEVRON, BECKMAN COULTER, GENEDATA, IDT, LEICA MICROSYSTEMS, MOLECULAR DEVICES, PALL, PHENOMENEX, and SCIEX brands. The Diagnostics segment offers clinical instruments, consumables, software, and services that hospitals, physicians' offices, reference laboratories and other critical care settings use to diagnose disease and make treatment decisions. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was incorporated in 1969 and is headquartered in Washington, the District Of Columbia.

Why Investors Should Care

Healthy Margins

Operating margin of 22.9% supports profitability.

Conservative Balance Sheet

Carries low leverage with a debt-to-equity ratio of 0.37.

Positive Free Cash Flow

Generates positive free cash flow, funding growth and shareholder returns internally.

Recent Developments

  • Dec 2025 Revenue of $24.57B (+2.9% YoY); net profit $3.61B.
  • Trailing 12 Months Year-on-year growth — revenue +3.7%, earnings +9.8%.
  • 5-Year Trend Long-term compounding — revenue CAGR 4.5%, profit CAGR 5.5%.

Growth & Price Performance

Compounded Sales Growth

5 Years:4.55%
1 Year:3.70%

Compounded Profit Growth

5 Years:5.54%
1 Year:9.80%

Stock Price Performance

1 Year:+2.29%
6 Months:-15.63%
3 Months:+1.31%
1 Month:+11.72%

Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.

Technical Snapshot Mixed
52-Week Range 49% of range
$161.57 $241.04
Trend Signals
  • Price vs 50-DMAAbove
  • Price vs 200-DMABelow
  • RSI (14)64.56 · Neutral
Price Performance
1M+11.72%
3M+1.31%
6M-15.63%
1Y+2.29%
Valuation vs Sector

P/E of 39.06 is above the sector median of 25.88 — pricier than peers.

Auto-generated from price history and fundamentals; not investment advice.

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Price Chart

Robinhood TradingView

Fundamental Growth Charts

Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.

PROS

  • Generates positive free cash flow.

CONS

  • In a downtrend (50-DMA below 200-DMA).

* The pros and cons are auto-generated from financial metrics.

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Valuation

Stock P/E
39.06
Industry PE
25.88
Forward P/E
21.73
PEG Ratio
1.27
Book Value
$74.82
Price to Book
2.66
P/S
5.69
EV/EBITDA
19.52
Dividend Yield
0.80%

Growth (CAGR)

Revenue 5Y
4.55%
Profit 5Y
5.54%
Revenue (YoY)
3.70%
Earnings (YoY)
9.80%

Profitability & Returns

ROCE
6.12%
ROE
7.08%
ROA
4.19%
Profit Margin
14.89%
Op Margin
22.94%
Gross Margin
58.99%
EPS (Latest Qtr)
$1.45
EPS (TTM)
$5.14

Balance Sheet & Liquidity

Debt/Equity
0.37
Quick Ratio
1.40
Current Ratio
1.87
Debt
$19.68B
Total Assets
$83.54B
Current Assets
$13.94B
Working Capital
$6.47B

Ownership

Promoter Holding
10.73%
Chg in Prom Hold
-0.00%
FII / Inst Holding
84.43%
Chg in FII Hold
-0.15%

Financial Snapshot

Enterprise Value
$142.11B
Total Revenue (TTM)
$24.78B
EBITDA
$7.94B
Free Cash Flow
$4.57B
Operating Cash Flow
$6.44B
Shares Outstanding
707.77M
Gross Margin
58.99%
Payout Ratio
26.36%

Peer comparison

Peer companies in the same sector (Healthcare).

#NameCMP $P/E Mkt CapDiv Yld % ROCE %ROE % Rev CAGR 5Y %Profit CAGR 5Y %
1 DHR Danaher Corporation SPX 200.79 39.06 $142.11B 0.80% 6.12% 7.08% 4.55% 5.54%
2 LLY Eli Lilly and Company SPX 1,156.63 41.13 $1.03T 0.60% - 107.46% 7.20% 11.41%
3 JNJ Johnson & Johnson SPX 247.02 28.66 $594.63B 2.23% 14.88% 26.42% 2.43% 4.76%
4 ABBV AbbVie Inc. SPX 244.11 119.08 $431.29B 3.04% 10.47% -129.24% 1.75% -29.06%
5 UNH UnitedHealth Group Incorporated SPX 418.52 31.54 $380.08B 2.18% 9.74% 12.18% 10.40% 5.43%
6 MRK Merck & Co., Inc. SPX 123.61 34.82 $305.29B 2.82% - 18.94% 5.64% 10.01%
7 AZN AstraZeneca PLC NDX 168.37 26.10 $261.12B 1.87% 15.97% 23.48% 9.82% 45.96%
8 TMO Thermo Fisher Scientific Inc. SPX 535.29 29.40 $198.93B 0.35% 8.14% 13.52% 8.81% 12.95%
9 AMGN Amgen Inc. NDXSPX 358.32 24.92 $193.39B 2.80% 18.02% 101.32% 11.77% 5.58%
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios

Quarterly Results

Figures in USD.

Metric Jul 2015Oct 2015Dec 2015Apr 2016Jul 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Apr 2020Jul 2020Oct 2020Apr 2021Jul 2021Oct 2021Apr 2022Jul 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Mar 2025Jun 2025Sep 2025Mar 2026
Revenue -----------4.02B4.25B4.17B4.60B4.22B4.44B4.38B4.87B4.34B5.30B5.88B6.86B7.22B7.23B6.53B6.53B6.46B7.13B5.95B5.91B5.62B6.41B5.80B5.74B5.80B5.74B5.94B6.05B5.95B
Gross Profit 1.88B1.89B2.26B2.17B2.38B2.29B2.50B2.33B2.48B2.54B2.84B2.27B2.39B2.31B2.53B2.35B2.48B2.44B2.70B2.44B2.85B3.23B4.25B4.40B4.36B4.06B4.01B3.89B4.23B3.66B3.32B3.27B3.78B3.49B3.43B3.40B3.51B3.52B3.52B3.59B
Operating Income 582.90M480.00M651.60M613.10M710.10M699.10M728.60M617.00M676.70M759.20M937.50M687.50M758.90M745.30M863.40M719.70M811.70M776.30M961.70M698.00M844.00M1.09B2.00B2.00B1.31B1.93B1.89B1.72B2.00B1.52B1.16B1.19B1.34B1.31B1.17B958.00M1.27B760.00M1.15B1.34B
Net Income 695.70M1.40B688.60M758.40M656.70M391.60M747.00M506.10M557.30M572.10M856.60M566.60M673.80M663.70M746.80M333.80M731.30M668.00M-595.00M927.00M883.00M1.70B1.78B1.16B1.73B1.68B1.57B-1.45B1.11B1.13B-1.09B907.00M818.00M954.00M555.00M908.00M1.03B
Diluted EPS 0.972.010.991.090.940.561.070.720.790.811.210.800.950.931.050.460.970.891.730.811.241.162.292.401.542.312.252.102.991.941.491.511.451.451.221.121.320.771.271.45
R&D Expense 304.60M212.20M-226.10M239.90M241.10M-267.40M283.30M279.20M-298.70M311.70M301.20M-267.50M282.10M282.60M-287.00M323.00M342.00M380.00M426.00M441.00M441.00M431.00M420.00M-373.00M361.00M362.00M-368.00M391.00M383.00M379.00M403.00M378.00M387.00M

Profit & Loss (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Revenue 11.03B12.70B10.52B12.55B16.09B18.26B18.28B12.87B14.43B16.88B15.52B17.05B17.91B22.28B24.80B26.64B23.89B23.88B24.57B
Gross Profit -5.94B5.07B6.40B8.18B9.41B9.34B6.85B7.77B9.33B8.57B9.51B9.98B12.47B15.24B16.19B14.03B14.21B14.52B
Operating Income 1.74B1.87B1.44B2.05B2.62B3.17B3.12B2.04B2.16B2.74B2.57B3.06B3.27B4.23B6.38B7.54B5.20B4.86B4.69B
Net Income 1.37B1.32B1.15B1.79B2.17B2.39B2.69B2.60B3.36B2.55B2.49B2.65B3.01B3.65B6.43B7.21B4.76B3.90B3.61B
Diluted EPS 4.191.981.732.643.113.363.803.634.743.653.533.744.054.898.619.666.385.295.05
R&D Expense 601.42M725.44M600.27M774.00M1.02B1.14B1.10B769.40M861.40M975.10M956.40M1.06B1.13B1.35B1.50B1.53B1.50B1.58B1.60B

Balance Sheet (Annual)

Figures in USD.

Metric Dec 2006Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Total Assets --17.49B19.60B22.22B29.95B32.94B34.67B36.99B48.22B45.30B46.65B47.83B62.08B76.16B83.18B84.35B84.49B77.54B83.46B
Total Equity --9.81B11.63B13.71B16.90B19.02B22.39B23.38B23.69B23.00B26.36B28.21B30.27B39.77B45.17B50.08B53.49B49.54B52.53B
Cash & Equivalents 317.81M239.11M392.85M1.72B1.63B537.00M1.68B3.12B3.01B790.80M963.70M630.30M787.80M19.91B------
Long Term Debt --2.55B2.89B2.78B5.21B5.29B3.44B3.40B12.03B9.67B10.33B9.69B21.52B21.19B22.17B19.09B16.71B15.50B18.42B
Total Liabilities --7.68B7.97B8.44B---------------
Current Liabilities --2.75B2.76B3.32B4.17B4.21B4.53B5.40B6.17B6.87B4.79B4.84B4.93B7.40B8.14B8.39B8.27B6.80B6.81B

Cash Flows (Annual)

Figures in USD.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Operating Cash Flow 1.65B1.86B1.80B2.08B2.63B3.42B3.59B3.76B3.80B3.52B3.48B4.02B3.95B6.21B8.36B8.52B7.16B6.69B6.42B
Investing Cash Flow -3.45B-567.40M-942.94M-2.29B-5.85B-1.89B-552.50M-3.44B-14.95B-5.24B-843.40M-2.95B-1.24B-21.24B-12.99B-2.23B-7.08B-1.98B-1.20B
Financing Cash Flow 1.71B-1.12B407.23M116.80M2.09B-388.40M-1.61B-218.20M9.05B2.04B-3.10B-797.00M16.36B1.01B1.29B-2.57B-273.00M-8.38B-2.96B
Capital Expenditure -162.07M-193.78M-175.44M-191.10M-334.50M-458.30M-538.10M-465.40M-512.90M-589.60M-570.70M-584.00M-636.00M-791.00M-1.24B-1.12B-1.38B-1.39B-1.16B
Free Cash Flow 1.48B1.67B1.63B1.89B2.29B2.96B3.05B3.29B3.29B2.93B2.91B3.44B3.32B5.42B7.12B7.40B5.78B5.30B5.26B
Share Buybacks 117.49M74.17M0-0648.40M00-------005.98B3.09B
Dividends Paid 34.27M38.26M41.72M52.20M61.30M86.40M52.10M227.70M354.10M399.80M378.30M433.00M527.00M615.00M742.00M818.00M821.00M768.00M878.00M

Ratios (Annual)

Figures in %.

Metric Dec 2007Dec 2008Dec 2009Dec 2010Dec 2011Dec 2012Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024Dec 2025
Gross Margin % -46.8%48.2%51.0%50.8%51.6%51.1%53.2%53.8%55.3%55.2%55.8%55.7%56.0%61.4%60.8%58.7%59.5%59.1%
Operating Margin % 15.8%14.7%13.7%16.3%16.3%17.3%17.1%15.9%15.0%16.2%16.6%17.9%18.3%19.0%25.7%28.3%21.8%20.4%19.1%
Net Margin % 12.4%10.4%11.0%14.3%13.5%13.1%14.7%20.2%23.3%15.1%16.1%15.5%16.8%16.4%25.9%27.1%19.9%16.3%14.7%
ROE % -13.4%9.9%13.1%12.9%12.6%12.0%11.1%14.2%11.1%9.5%9.4%9.9%9.2%14.2%14.4%8.9%7.9%6.9%
ROCE % -12.7%8.6%10.8%10.2%11.0%10.4%6.5%5.1%7.1%6.1%7.1%5.7%6.2%8.5%9.9%6.8%6.9%6.1%

Shareholding Pattern

Insiders
10.73%
Institutions
84.43%
Public Float
94.59%

Top Institutional Holders

#Holder% HeldSharesValue
1 Blackrock Inc. 7.30% 51.64M $10.28B
2 Vanguard Capital Management LLC 5.81% 41.13M $8.19B
3 State Street Corporation 3.94% 27.89M $5.55B
4 FMR, LLC 3.18% 22.53M $4.49B
5 JPMORGAN CHASE & CO 2.39% 16.92M $3.37B
6 Price (T.Rowe) Associates Inc 2.17% 15.35M $3.06B
7 Wellington Management Group, LLP 2.09% 14.77M $2.94B
8 Geode Capital Management, LLC 2.00% 14.15M $2.82B
9 Capital International Investors 1.98% 14.01M $2.79B
10 Vanguard Portfolio Management LLC 1.97% 13.95M $2.78B

Analyst View

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Latest News

Recent headlines for DHR

Google News hu, 25 Jun 2026

Why Danaher (DHR) Stock Rose Today - Quiver Quantitative

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Danaher (DHR) Stock Weighs Mixed Valuation Signals After Recent Price Rebound - Yahoo Finance

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Google News ue, 14 Jul 2026

Lab-products maker StatLab set to join Danaher’s Leica - Stock Titan

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Google News Fri, 10 Jul 2026

Danaher Is Getting Better, But The Stock Still Isn't Cheap (NYSE:DHR) - Seeking Alpha

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DHR — Frequently Asked Questions

What is the current share price of Danaher Corporation (DHR)?

As of 2026-07-15 16:51 PDT, Danaher Corporation (DHR) trades at $200.79 on NYSE. Its 52-week range is $161.57 to $241.04.

What is the market capitalisation of DHR?

Danaher Corporation (DHR) has a market capitalisation of $142.11B on NYSE.

What is the P/E ratio of DHR?

DHR trades at a trailing price-to-earnings (P/E) ratio of 39.06. The industry average P/E is 25.88. Its price-to-book (P/B) ratio is 2.66.

Does DHR pay a dividend?

Danaher Corporation (DHR) currently offers a dividend yield of 0.80%.

What is the return on equity (ROE) of DHR?

DHR has a return on equity (ROE) of 7.08%. Its return on capital employed (ROCE) is 6.12%.

Is DHR a good stock to buy?

This page provides a data-driven analysis of Danaher Corporation (DHR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.

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