Danaher Financial Statements From 2010 to 2025

DHR Stock  USD 238.36  3.54  1.46%   
Danaher financial statements provide useful quarterly and yearly information to potential Danaher investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Danaher financial statements helps investors assess Danaher's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Danaher's valuation are summarized below:
Gross Profit
14.2 B
Profit Margin
0.1639
Market Capitalization
174.7 B
Enterprise Value Revenue
7.8669
Revenue
23.7 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 2025 to make sure the trends are evolving in the right direction. As of 01/18/2025, 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

28.85 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 345.3 M or Selling General Administrative of 10.5 B, as well as many indicators such as Price To Sales Ratio of 6.74, Dividend Yield of 0.0027 or PTB Ratio of 1.78. Danaher financial statements analysis is a perfect complement when working with Danaher Valuation or Volatility modules.
  
Check out the analysis of Danaher Correlation against competitors.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.

Danaher Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets102 B97.2 B57 B
Slightly volatile
Short and Long Term Debt Total23.6 B22.5 B13.3 B
Slightly volatile
Other Current Liabilities3.1 BB2.6 B
Slightly volatile
Total Current Liabilities10 B9.5 B6.1 B
Slightly volatile
Total Stockholder Equity64.6 B61.5 B33 B
Slightly volatile
Property Plant And Equipment Net5.5 B5.2 BB
Slightly volatile
Net Debt16.5 B15.7 B9.2 B
Slightly volatile
Cash7.1 B6.7 B4.1 B
Slightly volatile
Non Current Assets Total85.2 B81.1 B46.1 B
Slightly volatile
Non Currrent Assets Other4.4 B4.2 B1.9 B
Slightly volatile
Cash And Short Term Investments7.1 B6.7 B4.1 B
Slightly volatile
Net Receivables4.7 B4.5 B3.6 B
Slightly volatile
Common Stock Shares Outstanding669.1 M854.6 M698.2 M
Slightly volatile
Liabilities And Stockholders Equity102 B97.2 B57 B
Slightly volatile
Non Current Liabilities Total27.4 B26.1 B17.9 B
Slightly volatile
Inventory3.1 BB2.1 B
Slightly volatile
Other Current Assets1.9 B1.8 B1.2 B
Slightly volatile
Other Stockholder Equity17.1 B16.3 B7.8 B
Slightly volatile
Total Liabilities37.4 B35.6 B24 B
Slightly volatile
Property Plant And Equipment Gross10.1 B9.6 B4.2 B
Slightly volatile
Total Current Assets16.8 B16 B10.9 B
Slightly volatile
Short Term Debt2.3 B2.2 B728.6 M
Slightly volatile
Intangible Assets25.1 B23.9 B13.5 B
Slightly volatile
Accounts PayableBB1.6 B
Slightly volatile
Common Stock Total Equity6.2 M10.3 M7.9 M
Slightly volatile
Common Stock6.3 M10.3 M7.9 M
Slightly volatile
Other Liabilities3.8 B6.8 B5.1 B
Slightly volatile
Other Assets5.4 B5.1 B2.7 B
Slightly volatile
Long Term Debt20.2 B19.2 B12.5 B
Slightly volatile
Good Will50.2 B47.8 B27.7 B
Slightly volatile
Property Plant Equipment4.8 B4.5 B2.9 B
Slightly volatile
Current Deferred Revenue987.2 M1.7 BB
Slightly volatile
Long Term Debt Total12.9 B21.9 B12.5 B
Slightly volatile
Capital SurpluseB13.9 BB
Slightly volatile
Long Term Investments28.8 M30.3 M187.9 M
Slightly volatile
Non Current Liabilities Other249.1 M262.2 M4.4 B
Pretty Stable
Short and Long Term Debt1.6 B1.5 B605.7 M
Slightly volatile
Cash And Equivalents5.8 B6.9 B3.8 B
Slightly volatile
Net Invested Capital60.8 B82.7 B49.3 B
Slightly volatile
Net Working Capital7.5 B6.5 B4.8 B
Slightly volatile
Capital Stock9.8 M10.3 M621.4 M
Slightly volatile
Capital Lease Obligations1.1 B1.3 B915.8 M
Slightly volatile

Danaher Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.6 B2.5 B1.4 B
Slightly volatile
Selling General Administrative10.5 B10 B6.5 B
Slightly volatile
Total Revenue28.8 B27.5 B20.7 B
Slightly volatile
Gross Profit16.9 B16.1 B11.6 B
Slightly volatile
Other Operating Expenses8.6 B10.2 B14.3 B
Pretty Stable
Operating Income6.3 BB4.1 B
Slightly volatile
EBIT6.3 BB4.2 B
Slightly volatile
EBITDA6.3 BB5.1 B
Slightly volatile
Cost Of Revenue14.8 B14 B9.5 B
Slightly volatile
Total Operating Expenses10.7 B10.2 B7.5 B
Slightly volatile
Income Before Tax6.1 B5.8 B4.1 B
Slightly volatile
Net Income5.7 B5.5 B3.6 B
Slightly volatile
Income Tax Expense393.1 M346.1 M648.6 M
Pretty Stable
Research Development975.5 M1.7 B1.2 B
Slightly volatile
Net Income Applicable To Common Shares8.6 B8.2 BB
Slightly volatile
Net Income From Continuing Ops3.8 B6.8 B3.6 B
Slightly volatile
Discontinued Operations73.5 M77.4 M293.4 M
Slightly volatile
Minority Interest9.4 M9.9 M37.7 M
Slightly volatile
Tax Provision828.7 M992.5 M629.1 M
Slightly volatile
Interest Income133.8 M247.2 M130.8 M
Slightly volatile
Reconciled Depreciation1.9 B2.6 B1.6 B
Slightly volatile
Preferred Stock And Other Adjustments130.5 M121.9 M90.5 M
Slightly volatile

Danaher Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash FlowB6.6 B4.2 B
Slightly volatile
Begin Period Cash Flow7.2 B6.9 B3.9 B
Slightly volatile
Depreciation2.6 B2.5 B1.4 B
Slightly volatile
Capital Expenditures1.7 B1.6 B787.6 M
Slightly volatile
Total Cash From Operating Activities8.7 B8.2 BB
Slightly volatile
Net Income5.1 B4.9 B3.3 B
Slightly volatile
End Period Cash Flow7.1 B6.7 B4.1 B
Slightly volatile
Dividends Paid991.4 M944.1 M479.9 M
Slightly volatile
Stock Based Compensation369.5 M351.9 M188.6 M
Slightly volatile
Change To Liabilities69.3 M72.9 M230.6 M
Slightly volatile
Issuance Of Capital Stock58.1 M61.2 M533.4 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio6.746.423.9122
Slightly volatile
Dividend Yield0.00270.00430.0048
Very volatile
PTB Ratio1.782.872.3722
Slightly volatile
Days Sales Outstanding46.4453.9359.6826
Slightly volatile
Book Value Per Share68.6365.3643.8523
Slightly volatile
Free Cash Flow Yield0.03710.0390.0637
Slightly volatile
Operating Cash Flow Per Share9.198.756.6368
Slightly volatile
Stock Based Compensation To Revenue0.0060.01150.0077
Slightly volatile
Capex To Depreciation0.920.730.61
Very volatile
PB Ratio1.782.872.3722
Slightly volatile
EV To Sales7.286.934.3211
Slightly volatile
Free Cash Flow Per Share7.427.065.5957
Slightly volatile
ROIC0.09370.06410.0682
Pretty Stable
Inventory Turnover5.674.374.6578
Slightly volatile
Net Income Per Share6.115.824.8022
Slightly volatile
Days Of Inventory On Hand58.5486.4679.129
Slightly volatile
Payables Turnover7.816.425.8657
Very volatile
Research And Ddevelopement To Revenue0.04840.05660.0599
Slightly volatile
Capex To Revenue0.03810.06660.0357
Slightly volatile
Cash Per Share7.527.175.4849
Slightly volatile
POCF Ratio22.4821.416.1024
Slightly volatile
Interest Coverage16.8216.3721.9299
Pretty Stable
Payout Ratio0.160.17230.1225
Slightly volatile
Capex To Operating Cash Flow0.260.220.1794
Pretty Stable
PFCF Ratio27.8526.5319.3265
Slightly volatile
Days Payables Outstanding44.2958.8663.8917
Very volatile
Income Quality1.81.951.5548
Pretty Stable
ROE0.150.10.116
Very volatile
EV To Operating Cash Flow24.2823.1217.9476
Slightly volatile
PE Ratio33.832.1922.887
Slightly volatile
Return On Tangible Assets0.140.190.2132
Pretty Stable
EV To Free Cash Flow30.0928.6521.6305
Slightly volatile
Earnings Yield0.03050.03220.0547
Slightly volatile
Intangibles To Total Assets0.430.660.651
Pretty Stable
Net Debt To EBITDA1.742.11.7529
Very volatile
Current Ratio1.311.521.9137
Pretty Stable
Receivables Turnover7.127.06.2318
Pretty Stable
Graham Number97.1592.5368.475
Slightly volatile
Shareholders Equity Per Share68.6365.3643.8086
Slightly volatile
Debt To Equity0.40.420.5896
Slightly volatile
Capex Per Share1.771.691.0411
Slightly volatile
Revenue Per Share30.6529.1928.063
Slightly volatile
Interest Debt Per Share25.4324.2218.085
Slightly volatile
Debt To Assets0.260.270.2513
Very volatile
Enterprise Value Over EBITDA23.1922.0916.1403
Slightly volatile
Short Term Coverage Ratios3.613.8127
Pretty Stable
Price Earnings Ratio33.832.1922.887
Slightly volatile
Operating Cycle105140139
Very volatile
Price Book Value Ratio1.782.872.3722
Slightly volatile
Days Of Payables Outstanding44.2958.8663.8917
Very volatile
Dividend Payout Ratio0.160.17230.1225
Slightly volatile
Price To Operating Cash Flows Ratio22.4821.416.1024
Slightly volatile
Price To Free Cash Flows Ratio27.8526.5319.3265
Slightly volatile
Pretax Profit Margin0.110.190.1742
Slightly volatile
Ebt Per Ebit0.740.870.9482
Very volatile
Operating Profit Margin0.120.20.1784
Slightly volatile
Effective Tax Rate0.350.190.2341
Slightly volatile
Company Equity Multiplier2.71.822.0678
Slightly volatile
Long Term Debt To Capitalization0.340.270.3043
Pretty Stable
Total Debt To Capitalization0.350.310.3151
Very volatile
Return On Capital Employed0.140.07850.0903
Very volatile
Debt Equity Ratio0.40.420.5896
Slightly volatile
Ebit Per Revenue0.120.20.1784
Slightly volatile
Quick Ratio0.971.231.5321
Very volatile
Dividend Paid And Capex Coverage Ratio4.142.934.2907
Slightly volatile
Net Income Per E B T0.560.850.8134
Pretty Stable
Cash Ratio0.340.640.7375
Very volatile
Cash Conversion Cycle91.2710481.1271
Pretty Stable
Operating Cash Flow Sales Ratio0.140.270.2099
Slightly volatile
Days Of Inventory Outstanding58.5486.4679.129
Slightly volatile
Days Of Sales Outstanding46.4453.9359.6826
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.610.730.8094
Very volatile
Cash Flow Coverage Ratios0.680.420.4808
Pretty Stable
Price To Book Ratio1.782.872.3722
Slightly volatile
Fixed Asset Turnover5.764.727.2388
Slightly volatile
Capital Expenditure Coverage Ratio5.34.666.3494
Very volatile
Price Cash Flow Ratio22.4821.416.1024
Slightly volatile
Enterprise Value Multiple23.1922.0916.1403
Slightly volatile
Debt Ratio0.260.270.2513
Very volatile
Cash Flow To Debt Ratio0.680.420.4808
Pretty Stable
Price Sales Ratio6.746.423.9122
Slightly volatile
Return On Assets0.05240.05070.0605
Very volatile
Asset Turnover0.310.330.4455
Slightly volatile
Net Profit Margin0.190.180.1555
Slightly volatile
Gross Profit Margin0.340.530.5151
Slightly volatile
Price Fair Value1.782.872.3722
Slightly volatile
Return On Equity0.150.10.116
Very volatile

Danaher Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap24.6 B23.4 B24.2 B
Slightly volatile
Enterprise Value28.1 B26.7 B27.6 B
Slightly volatile

Danaher Fundamental Market Drivers

Forward Price Earnings27.933
Cash And Short Term Investments5.9 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 Revenue1.7 B987.2 M
Total Revenue27.5 B28.8 B
Cost Of Revenue14 B14.8 B
Stock Based Compensation To Revenue 0.01  0.01 
Research And Ddevelopement To Revenue 0.06  0.05 
Capex To Revenue 0.07  0.04 
Revenue Per Share 29.19  30.65 
Ebit Per Revenue 0.20  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

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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.