Danaher Net Income Per E B T from 2010 to 2024
| DHR Stock | USD 235.05 1.95 0.84% |
Net Income Per E B T | First Reported 2010-12-31 | Previous Quarter 0.9444885 | Current Value 0.56 | Quarterly Volatility 0.15784997 |
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 2.3 B, Interest Expense of 300.3 M or Selling General Administrative of 9.1 B, as well as many indicators such as Price To Sales Ratio of 7.49, 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.
Danaher | Net Income Per E B T |
Latest Danaher's Net Income Per E B T Growth Pattern
Below is the plot of the Net Income Per E B T of Danaher over the last few years. It is Danaher's Net Income Per E B T historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Danaher's overall financial position and show how it may be relating to other accounts over time.
| Net Income Per E B T | 10 Years Trend |
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Net Income Per E B T |
| Timeline |
Danaher Net Income Per E B T Regression Statistics
| Arithmetic Mean | 0.81 | |
| Geometric Mean | 0.79 | |
| Coefficient Of Variation | 19.47 | |
| Mean Deviation | 0.11 | |
| Median | 0.85 | |
| Standard Deviation | 0.16 | |
| Sample Variance | 0.02 | |
| Range | 0.6129 | |
| R-Value | 0.21 | |
| Mean Square Error | 0.03 | |
| R-Squared | 0.04 | |
| Significance | 0.46 | |
| Slope | 0.01 | |
| Total Sum of Squares | 0.35 |
Danaher Net Income Per E B T History
About Danaher Financial Statements
Danaher shareholders use historical fundamental indicators, such as Net Income Per E B T, 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 Reported | Projected for Next Year | ||
| Net Income Per E B T | 0.94 | 0.56 |
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
| 0.77 | WGS | GeneDx Holdings Corp | PairCorr |
| 0.73 | LH | Laboratory | PairCorr |
| 0.65 | CAH | Cardinal Health | PairCorr |
| 0.63 | VMD | Viemed Healthcare | PairCorr |
| 0.61 | HIMS | Hims Hers Health Upward Rally | PairCorr |
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.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.