Danaher Financial Statements From 2010 to 2026

DHR Stock  USD 212.58  2.36  1.10%   
Danaher's financial statements offer valuable quarterly and annual insights to potential investors, highlighting the company's current and historical financial position, overall management performance, and changes in financial standing over time. Key fundamentals influencing Danaher's valuation are provided below:
Gross Profit
14.5 B
Profit Margin
0.1471
Market Capitalization
150.3 B
Enterprise Value Revenue
6.6784
Revenue
24.6 B
There are over one hundred nineteen available fundamental signals for Danaher, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify Danaher's prevailing fundamental performance against the performance between 2010 and 2026 to make sure the trends are evolving in the right direction. As of 02/16/2026, Market Cap is likely to grow to about 24.6 B. Also, Enterprise Value is likely to grow to about 28.1 B

Danaher Total Revenue

25.8 Billion

Check Danaher financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Danaher's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.6 B, Interest Expense of 278.2 M or Selling General Administrative of 8.6 B, as well as many indicators such as Price To Sales Ratio of 6.92, Dividend Yield of 0.0029 or PTB Ratio of 1.78. Danaher financial statements analysis is a perfect complement when working with Danaher Valuation or Volatility modules.
  
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Danaher Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets87.6 B83.5 B56.6 B
Slightly volatile
Short and Long Term Debt Total19.3 B18.4 B13.3 B
Slightly volatile
Other Current Liabilities5.2 BB2.6 B
Slightly volatile
Total Current Liabilities7.1 B6.8 B5.8 B
Slightly volatile
Total Stockholder Equity55.2 B52.5 B32.9 B
Slightly volatile
Property Plant And Equipment Net5.8 B5.5 B3.4 B
Slightly volatile
Net Debt14.5 B13.8 B9.6 B
Slightly volatile
Cash4.8 B4.6 B3.7 B
Slightly volatile
Non Current Assets Total74.2 B70.7 B46.1 B
Slightly volatile
Non Currrent Assets Other4.4 B4.2 BB
Slightly volatile
Cash And Short Term Investments4.8 B4.6 B3.7 B
Slightly volatile
Net ReceivablesB3.9 B3.5 B
Slightly volatile
Common Stock Shares Outstanding662.6 M711 M691.6 M
Slightly volatile
Liabilities And Stockholders Equity87.6 B83.5 B56.6 B
Slightly volatile
Non Current Liabilities Total25.3 B24.1 B17.8 B
Slightly volatile
Inventory2.6 B2.5 BB
Slightly volatile
Other Current Assets1.8 B1.7 B1.1 B
Slightly volatile
Other Stockholder Equity3.3 B5.8 B6.4 B
Slightly volatile
Total Liabilities32.5 B30.9 B23.7 B
Slightly volatile
Property Plant And Equipment Gross11 B10.5 B4.6 B
Slightly volatile
Total Current Assets13.4 B12.8 B10.4 B
Slightly volatile
Short Term Debt1.9 MM475.1 M
Pretty Stable
Intangible Assets18.7 B17.8 B12.9 B
Slightly volatile
Accounts Payable1.1 B1.8 B1.6 B
Slightly volatile
Common Stock Total Equity6.2 M10.3 M7.9 M
Slightly volatile
Common Stock6.6 M10.3 MM
Slightly volatile
Other Liabilities3.8 B6.8 B5.2 B
Slightly volatile
Other Assets4.4 B4.2 B2.5 B
Slightly volatile
Long Term Debt19.3 B18.4 B12.6 B
Slightly volatile
Good Will45.3 B43.2 B27.3 B
Slightly volatile
Property Plant Equipment5.8 B5.5 B3.3 B
Slightly volatile
Current Deferred Revenue968.1 M1.5 B975.2 M
Slightly volatile
Long Term Debt Total14 B18.4 B12.4 B
Slightly volatile
Capital Surpluse9.1 B17.2 BB
Slightly volatile
Long Term Investments28.8 M30.3 M178.8 M
Slightly volatile
Non Current Liabilities Other183 M192.6 M4.2 B
Slightly volatile
Short and Long Term Debt493.1 M454.5 M471.5 M
Pretty Stable
Cash And Equivalents5.4 B4.6 B3.6 B
Slightly volatile
Net Invested Capital62.2 B75.4 B49.9 B
Slightly volatile
Net Working Capital2.3 B2.4 B4.1 B
Pretty Stable
Capital Stock7.7 M8.1 M585.1 M
Pretty Stable
Capital Lease Obligations1.1 B1.3 B930.9 M
Slightly volatile

Danaher Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.6 B2.4 B1.4 B
Slightly volatile
Selling General Administrative8.6 B8.2 B6.3 B
Slightly volatile
Total Revenue25.8 B24.6 B19.7 B
Slightly volatile
Gross Profit15.7 B15 B11.2 B
Slightly volatile
Other Operating Expenses20.4 B19.4 B15.1 B
Slightly volatile
Operating Income5.4 B5.1 BB
Slightly volatile
EBIT4.7 B4.5 B3.9 B
Slightly volatile
EBITDA7.3 B6.9 B5.3 B
Slightly volatile
Cost Of Revenue5.3 B9.6 B8.3 B
Slightly volatile
Total Operating Expenses10.3 B9.8 B7.2 B
Slightly volatile
Income Before Tax4.4 B4.2 B3.8 B
Slightly volatile
Net Income3.8 B3.6 B3.3 B
Slightly volatile
Income Tax Expense389.5 M619 M624.1 M
Pretty Stable
Research DevelopmentB1.6 B1.2 B
Slightly volatile
Net Income Applicable To Common Shares2.6 B3.6 B3.3 B
Slightly volatile
Net Income From Continuing Ops3.8 B4.5 B3.5 B
Slightly volatile
Discontinued Operations73.5 M77.4 M281.2 M
Slightly volatile
Minority Interest9.4 M9.9 M36.1 M
Slightly volatile
Tax Provision816 M633 M614.1 M
Slightly volatile
Interest Income144.7 M235 M129.9 M
Slightly volatile
Reconciled DepreciationB2.7 B1.6 B
Slightly volatile
Preferred Stock And Other Adjustments130.5 M121.9 M91.4 M
Slightly volatile

Danaher Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow5.5 B5.3 B4.1 B
Slightly volatile
Begin Period Cash FlowB2.1 B3.4 B
Slightly volatile
Depreciation2.6 B2.4 B1.5 B
Slightly volatile
Capital Expenditures1.2 B1.2 B770.8 M
Slightly volatile
Total Cash From Operating Activities6.7 B6.4 B4.8 B
Slightly volatile
Net Income1.9 B3.6 B3.1 B
Slightly volatile
End Period Cash Flow4.8 B4.6 B3.7 B
Slightly volatile
Dividends Paid921.9 M878 M488.8 M
Slightly volatile
Stock Based Compensation186.8 M298 M180.5 M
Slightly volatile
Change To Liabilities69.3 M72.9 M221.8 M
Slightly volatile
Issuance Of Capital Stock138.5 M145.8 M521.3 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.926.59054.2584
Slightly volatile
Dividend Yield0.00290.00540.0049
Very volatile
PTB Ratio1.783.08212.4444
Slightly volatile
Days Sales Outstanding48.3458.134465.657
Very volatile
Book Value Per Share77.9974.27446.335
Slightly volatile
Free Cash Flow Yield0.03090.03250.0611
Slightly volatile
Operating Cash Flow Per Share9.529.07116.8229
Slightly volatile
Stock Based Compensation To Revenue0.00670.01210.0084
Slightly volatile
Capex To Depreciation0.90.47240.5926
Pretty Stable
PB Ratio1.783.08212.4444
Slightly volatile
EV To Sales7.517.15234.7195
Slightly volatile
Free Cash Flow Per Share7.817.43675.7378
Slightly volatile
ROIC0.09260.05720.0671
Very volatile
Inventory Turnover5.583.85624.5395
Slightly volatile
Net Income Per Share5.375.10964.6214
Slightly volatile
Days Of Inventory On Hand59.6394.653681.2512
Slightly volatile
Payables Turnover7.565.2055.496
Very volatile
Research And Ddevelopement To Revenue0.04720.0650.0601
Very volatile
Capex To Revenue0.03980.04710.0373
Slightly volatile
Cash Per Share6.856.52485.2521
Slightly volatile
POCF Ratio26.525.236117.0932
Slightly volatile
Interest Coverage16.9319.384921.9527
Pretty Stable
Payout Ratio0.260.24290.1416
Slightly volatile
Capex To Operating Cash Flow0.250.18020.1781
Pretty Stable
PFCF Ratio32.3230.782320.5665
Slightly volatile
Days Payables Outstanding46.0270.12567.6829
Very volatile
Income Quality1.821.77531.5551
Pretty Stable
ROE0.06540.06880.1032
Slightly volatile
EV To Operating Cash Flow28.7627.387519.0501
Slightly volatile
PE Ratio47.0444.802226.2373
Slightly volatile
Return On Tangible Assets0.130.16070.194
Pretty Stable
EV To Free Cash Flow35.0833.406523.004
Slightly volatile
Earnings Yield0.02120.02230.0496
Slightly volatile
Intangibles To Total Assets0.440.73050.6486
Slightly volatile
Net Debt To EBITDA1.781.98751.8167
Pretty Stable
Current Ratio1.311.8741.9041
Pretty Stable
Receivables Turnover6.866.27865.6489
Pretty Stable
Graham Number97.0392.406468.8451
Slightly volatile
Shareholders Equity Per Share77.9974.27446.2933
Slightly volatile
Debt To Equity0.330.35060.5726
Slightly volatile
Capex Per Share1.721.63441.0857
Slightly volatile
Revenue Per Share36.4734.734927.855
Slightly volatile
Interest Debt Per Share27.7426.414518.9977
Slightly volatile
Debt To Assets0.260.22070.2495
Very volatile
Enterprise Value Over EBITDA26.5725.301417.1977
Slightly volatile
Short Term Coverage Ratios22.3611.9230.6092
Slightly volatile
Price Earnings Ratio47.0444.802226.2373
Slightly volatile
Operating Cycle108153147
Pretty Stable
Price Book Value Ratio1.783.08212.4444
Slightly volatile
Days Of Payables Outstanding46.0270.12567.6829
Very volatile
Dividend Payout Ratio0.260.24290.1416
Slightly volatile
Price To Operating Cash Flows Ratio26.525.236117.0932
Slightly volatile
Price To Free Cash Flows Ratio32.3230.782320.5665
Slightly volatile
Pretax Profit Margin0.110.17230.1739
Slightly volatile
Ebt Per Ebit0.720.8240.9117
Very volatile
Operating Profit Margin0.120.20910.1865
Slightly volatile
Effective Tax Rate0.140.14620.2091
Slightly volatile
Company Equity Multiplier2.651.58882.0217
Slightly volatile
Long Term Debt To Capitalization0.340.25960.2998
Pretty Stable
Total Debt To Capitalization0.350.25960.311
Pretty Stable
Return On Capital Employed0.06370.0670.0834
Slightly volatile
Debt Equity Ratio0.330.35060.5726
Slightly volatile
Ebit Per Revenue0.120.20910.1865
Slightly volatile
Quick Ratio0.971.50831.5312
Very volatile
Dividend Paid And Capex Coverage Ratio4.043.15444.2278
Slightly volatile
Net Income Per E B T0.570.85380.83
Pretty Stable
Cash Ratio0.340.6780.7144
Very volatile
Cash Conversion Cycle92.982.662983.7574
Pretty Stable
Operating Cash Flow Sales Ratio0.140.26120.223
Slightly volatile
Days Of Inventory Outstanding59.6394.653681.2512
Slightly volatile
Days Of Sales Outstanding48.3458.134465.657
Very volatile
Free Cash Flow Operating Cash Flow Ratio0.620.81980.8142
Very volatile
Cash Flow Coverage Ratios0.670.34840.4673
Slightly volatile
Price To Book Ratio1.783.08212.4444
Slightly volatile
Fixed Asset Turnover5.464.44196.4435
Slightly volatile
Capital Expenditure Coverage Ratio5.235.55026.3068
Pretty Stable
Price Cash Flow Ratio26.525.236117.0932
Slightly volatile
Enterprise Value Multiple26.5725.301417.1977
Slightly volatile
Debt Ratio0.260.22070.2495
Very volatile
Cash Flow To Debt Ratio0.670.34840.4673
Slightly volatile
Price Sales Ratio6.926.59054.2584
Slightly volatile
Return On Assets0.05090.04330.0574
Very volatile
Asset Turnover0.280.29440.4192
Slightly volatile
Net Profit Margin0.0880.14710.1503
Slightly volatile
Gross Profit Margin0.350.60930.5277
Slightly volatile
Price Fair Value1.783.08212.4444
Slightly volatile
Return On Equity0.06540.06880.1032
Slightly volatile

Danaher Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap24.6 B23.4 B24.3 B
Slightly volatile
Enterprise Value28.1 B26.7 B27.7 B
Slightly volatile

Danaher Fundamental Market Drivers

Forward Price Earnings25.1889
Cash And Short Term Investments4.6 B

Danaher Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Danaher Financial Statements

Danaher shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Danaher investors may analyze each financial statement separately, they are all interrelated. The changes in Danaher's assets and liabilities, for example, are also reflected in the revenues and expenses on on Danaher's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue1.5 B968.1 M
Total Revenue24.6 B25.8 B
Cost Of Revenue9.6 B5.3 B
Stock Based Compensation To Revenue 0.01  0.01 
Research And Ddevelopement To Revenue 0.07  0.05 
Capex To Revenue 0.05  0.04 
Revenue Per Share 34.73  36.47 
Ebit Per Revenue 0.21  0.12 

Pair Trading with Danaher

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danaher position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danaher will appreciate offsetting losses from the drop in the long position's value.

Moving against Danaher Stock

  0.43HYB HOYAPairCorr
The ability to find closely correlated positions to Danaher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaher when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danaher - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danaher to buy it.
The correlation of Danaher is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danaher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaher moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danaher can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Danaher Stock Analysis

When running Danaher's price analysis, check to measure Danaher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.