Danaher Financial Statements From 2010 to 2025

DHR Stock  USD 215.38  0.33  0.15%   
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
0.1444
Market Capitalization
151.9 B
Enterprise Value Revenue
6.8715
Revenue
24.3 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 11/01/2025, 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

25.07 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 2.5 B, Interest Expense of 291.9 M or Selling General Administrative of 8.1 B, as well as many indicators such as Price To Sales Ratio of 7.38, Dividend Yield of 0.0028 or PTB Ratio of 1.76. 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 Assets81.4 B77.5 B54.5 B
Slightly volatile
Short and Long Term Debt Total18 B17.1 B12.9 B
Slightly volatile
Other Current Liabilities3.2 B3.1 B2.4 B
Slightly volatile
Total Current Liabilities7.1 B6.8 B5.8 B
Slightly volatile
Total Stockholder Equity52 B49.5 B31.5 B
Slightly volatile
Property Plant And Equipment Net6.4 B6.1 B3.3 B
Slightly volatile
Net Debt15.8 B15.1 B9.4 B
Slightly volatile
Cash1.8 B2.1 B3.5 B
Slightly volatile
Non Current Assets Total71.4 B68 B44.4 B
Slightly volatile
Non Currrent Assets Other793.2 M1.1 B1.6 B
Pretty Stable
Cash And Short Term Investments1.8 B2.1 B3.5 B
Slightly volatile
Net Receivables4.6 B4.4 B3.7 B
Slightly volatile
Common Stock Shares Outstanding659.6 M737.2 M690.3 M
Slightly volatile
Liabilities And Stockholders Equity81.4 B77.5 B54.5 B
Slightly volatile
Non Current Liabilities Total22.3 B21.2 B17.3 B
Slightly volatile
Inventory2.4 B2.3 B1.9 B
Slightly volatile
Other Current Assets561.6 M699 M977.6 M
Very volatile
Other Stockholder EquityB8.6 B6.8 B
Slightly volatile
Total Liabilities29.4 B28 B23 B
Slightly volatile
Property Plant And Equipment Gross9.5 B9.1 B4.2 B
Slightly volatile
Total Current Assets5.4 B9.5 B9.8 B
Slightly volatile
Short Term Debt711.9 M678 M549.1 M
Slightly volatile
Intangible Assets19.5 B18.6 B12.7 B
Slightly volatile
Accounts PayableB1.8 B1.6 B
Slightly volatile
Common Stock Total Equity6.2 M10.3 M7.9 M
Slightly volatile
Common Stock6.5 M10.3 M7.9 M
Slightly volatile
Other Liabilities3.8 B6.8 B5.1 B
Slightly volatile
Other Assets1.6 B2.9 B2.2 B
Slightly volatile
Long Term Debt8.6 B15.5 B11.5 B
Slightly volatile
Good Will42.5 B40.5 B26.2 B
Slightly volatile
Property Plant Equipment6.4 B6.1 B3.2 B
Slightly volatile
Current Deferred Revenue968.1 M1.3 B942.8 M
Slightly volatile
Long Term Debt Total13.6 B15.5 B12 B
Slightly volatile
Capital Surpluse8.4 B16.7 B7.4 B
Slightly volatile
Long Term Investments28.8 M30.3 M187.9 M
Slightly volatile
Non Current Liabilities Other203.3 M214 M4.4 B
Pretty Stable
Short and Long Term Debt493.1 M505 M472.6 M
Pretty Stable
Cash And EquivalentsB2.1 B3.3 B
Slightly volatile
Net Invested Capital62.2 B65.5 B48.3 B
Slightly volatile
Net Working Capital5.1 B2.7 B4.4 B
Slightly volatile
Capital Stock7.7 M8.1 M621.1 M
Slightly volatile
Capital Lease Obligations1.1 B1.1 B907.1 M
Slightly volatile

Danaher Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.5 B2.4 B1.4 B
Slightly volatile
Selling General Administrative8.1 B7.8 B6.2 B
Slightly volatile
Total Revenue25.1 B23.9 B19.3 B
Slightly volatile
Gross Profit14.9 B14.2 B10.9 B
Slightly volatile
Other Operating Expenses19.6 B18.7 B14.8 B
Slightly volatile
Operating Income5.4 B5.2 BB
Slightly volatile
EBIT5.2 B4.9 B3.9 B
Slightly volatile
EBITDA7.6 B7.3 B5.2 B
Slightly volatile
Cost Of Revenue5.2 B9.7 B8.2 B
Slightly volatile
Total Operating Expenses9.5 BBB
Slightly volatile
Income Before Tax4.9 B4.6 B3.8 B
Slightly volatile
Net Income4.1 B3.9 B3.3 B
Slightly volatile
Income Tax Expense382.3 M747 M624 M
Pretty Stable
Research Development972.5 M1.6 B1.2 B
Slightly volatile
Net Income Applicable To Common Shares2.6 B3.9 B3.3 B
Slightly volatile
Net Income From Continuing Ops3.8 B3.9 B3.4 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 M747 M613.7 M
Slightly volatile
Interest Income133.3 M117 M122.6 M
Slightly volatile
Reconciled DepreciationB2.4 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 Flow5.6 B5.3 BB
Slightly volatile
Begin Period Cash Flow6.2 B5.9 B3.7 B
Slightly volatile
Depreciation2.5 B2.4 B1.4 B
Slightly volatile
Capital Expenditures1.5 B1.4 B762.2 M
Slightly volatile
Total Cash From Operating ActivitiesB6.7 B4.8 B
Slightly volatile
Net Income4.1 B3.9 B3.2 B
Slightly volatile
End Period Cash FlowB2.1 B3.5 B
Slightly volatile
Stock Based Compensation178.5 M288 M172.6 M
Slightly volatile
Change To Liabilities69.3 M72.9 M230.6 M
Slightly volatile
Issuance Of Capital Stock153.9 M162 M545.7 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio7.387.02834.1414
Slightly volatile
Dividend Yield0.00280.00460.0048
Very volatile
PTB Ratio1.763.3872.4033
Slightly volatile
Days Sales Outstanding48.3867.114166.1297
Pretty Stable
Book Value Per Share71.1767.783944.1626
Slightly volatile
Free Cash Flow Yield0.030.03160.0628
Slightly volatile
Operating Cash Flow Per Share9.619.14916.688
Slightly volatile
Stock Based Compensation To Revenue0.00650.01210.0082
Slightly volatile
Capex To Depreciation0.910.59180.6008
Pretty Stable
PB Ratio1.763.3872.4033
Slightly volatile
EV To Sales8.047.65944.6006
Slightly volatile
Free Cash Flow Per Share7.617.24495.6191
Slightly volatile
ROIC0.09340.06090.0677
Very volatile
Inventory Turnover5.614.14984.5841
Slightly volatile
Net Income Per Share5.65.33384.6053
Slightly volatile
Days Of Inventory On Hand59.2387.956480.3885
Slightly volatile
Payables Turnover7.615.51575.5173
Very volatile
Research And Ddevelopement To Revenue0.0470.06630.0598
Very volatile
Capex To Revenue0.03950.05830.0366
Slightly volatile
Cash Per Share1.852.84274.86
Pretty Stable
POCF Ratio26.3425.089916.5743
Slightly volatile
Interest Coverage17.018.647522.1175
Pretty Stable
Payout Ratio0.210.1970.1321
Slightly volatile
Capex To Operating Cash Flow0.250.20810.178
Pretty Stable
PFCF Ratio33.2731.684519.9874
Slightly volatile
Days Payables Outstanding45.7366.174967.5121
Very volatile
Income Quality1.81.71531.5401
Pretty Stable
ROE0.150.07870.1107
Very volatile
EV To Operating Cash Flow28.7127.342918.5259
Slightly volatile
PE Ratio45.1943.036924.9614
Slightly volatile
Return On Tangible Assets0.130.2110.1961
Pretty Stable
EV To Free Cash Flow36.2634.529722.4276
Slightly volatile
Earnings Yield0.02210.02320.0514
Slightly volatile
Intangibles To Total Assets0.430.76170.6428
Slightly volatile
Net Debt To EBITDA1.772.07091.8054
Very volatile
Current Ratio1.311.3971.906
Pretty Stable
Receivables Turnover6.865.43855.6096
Pretty Stable
Graham Number94.790.186567.2269
Slightly volatile
Shareholders Equity Per Share71.1667.774344.1176
Slightly volatile
Debt To Equity0.330.34610.5865
Slightly volatile
Capex Per Share2.01.90421.0689
Slightly volatile
Revenue Per Share34.2932.660727.2888
Slightly volatile
Interest Debt Per Share25.0323.835818.3647
Slightly volatile
Debt To Assets0.260.22110.2513
Very volatile
Enterprise Value Over EBITDA26.3925.133216.68
Slightly volatile
Short Term Coverage Ratios22.3613.243631.7773
Slightly volatile
Price Earnings Ratio45.1943.036924.9614
Slightly volatile
Operating Cycle108155147
Pretty Stable
Price Book Value Ratio1.763.3872.4033
Slightly volatile
Days Of Payables Outstanding45.7366.174967.5121
Very volatile
Dividend Payout Ratio0.210.1970.1321
Slightly volatile
Price To Operating Cash Flows Ratio26.3425.089916.5743
Slightly volatile
Price To Free Cash Flows Ratio33.2731.684519.9874
Slightly volatile
Pretax Profit Margin0.110.19460.174
Slightly volatile
Ebt Per Ebit0.720.89620.9172
Very volatile
Operating Profit Margin0.120.21710.1851
Slightly volatile
Effective Tax Rate0.150.16080.2137
Slightly volatile
Company Equity Multiplier2.671.56512.05
Slightly volatile
Long Term Debt To Capitalization0.340.23830.3023
Pretty Stable
Total Debt To Capitalization0.350.25710.3142
Pretty Stable
Return On Capital Employed0.140.07330.0892
Very volatile
Debt Equity Ratio0.330.34610.5865
Slightly volatile
Ebit Per Revenue0.120.21710.1851
Slightly volatile
Quick Ratio0.971.05431.5326
Very volatile
Dividend Paid And Capex Coverage Ratio4.093.09634.298
Slightly volatile
Net Income Per E B T0.570.83920.8285
Pretty Stable
Cash Ratio0.340.30570.7166
Very volatile
Cash Conversion Cycle92.9588.895683.8289
Pretty Stable
Operating Cash Flow Sales Ratio0.290.28010.23
Slightly volatile
Days Of Inventory Outstanding59.2387.956480.3885
Slightly volatile
Days Of Sales Outstanding48.3867.114166.1297
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.620.79190.8139
Very volatile
Cash Flow Coverage Ratios0.680.39010.4753
Slightly volatile
Price To Book Ratio1.763.3872.4033
Slightly volatile
Fixed Asset Turnover5.53.93076.5711
Slightly volatile
Capital Expenditure Coverage Ratio5.264.80466.3559
Very volatile
Price Cash Flow Ratio26.3425.089916.5743
Slightly volatile
Enterprise Value Multiple26.3925.133216.68
Slightly volatile
Debt Ratio0.260.22110.2513
Very volatile
Cash Flow To Debt Ratio0.680.39010.4753
Slightly volatile
Price Sales Ratio7.387.02834.1414
Slightly volatile
Return On Assets0.05130.05030.0583
Very volatile
Asset Turnover0.290.30790.4277
Slightly volatile
Net Profit Margin0.0880.16330.1505
Slightly volatile
Gross Profit Margin0.350.5950.5226
Slightly volatile
Price Fair Value1.763.3872.4033
Slightly volatile
Return On Equity0.150.07870.1107
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 Earnings24.3902
Cash And Short Term Investments2.1 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 Revenue1.3 B968.1 M
Total Revenue23.9 B25.1 B
Cost Of Revenue9.7 B5.2 B
Stock Based Compensation To Revenue 0.01  0.01 
Research And Ddevelopement To Revenue 0.07  0.05 
Capex To Revenue 0.06  0.04 
Revenue Per Share 32.66  34.29 
Ebit Per Revenue 0.22  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 together with Danaher Stock

  0.67COO Cooper Companies,PairCorr
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Moving against Danaher Stock

  0.53SAR Saratoga Investment CorpPairCorr
  0.42GENI Genius SportsPairCorr
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.