Danaher Financial Statements From 2010 to 2025

DHR Stock  USD 212.60  1.86  0.88%   
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
0.1633
Market Capitalization
150.6 B
Enterprise Value Revenue
6.9397
Revenue
23.9 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 03/18/2025, 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

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 2.6 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 1.81. 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 Assets81.4 B77.5 B54.5 B
Slightly volatile
Short and Long Term Debt Total16.8 B16 B12.5 B
Slightly volatile
Other Current Liabilities4.8 B4.5 B2.8 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 Net5.2 BB2.9 B
Slightly volatile
Net Debt14.6 B13.9 BB
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 Other4.2 BB1.8 B
Slightly volatile
Cash And Short Term Investments1.8 B2.1 B3.5 B
Slightly volatile
Net Receivables1.9 B3.5 B3.3 B
Slightly volatile
Common Stock Shares Outstanding672.6 M737.2 M691.1 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 BB
Slightly volatile
Other Current Assets1.6 B1.6 B1.2 B
Slightly 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 Debt260.9 M505 M500.2 M
Pretty Stable
Intangible Assets19.5 B18.6 B12.8 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 Stock6.5 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 Debt8.6 B15.5 B11.5 B
Slightly volatile
Good Will42.5 B40.5 B26.8 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 Other203.3 M214 M4.4 B
Pretty Stable
Short and Long Term Debt493.1 M505 M472.6 M
Pretty Stable
Cash And Equivalents5.8 B6.9 B3.8 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 Amortization2.6 B2.5 B1.4 B
Slightly volatile
Selling General Administrative8.1 B7.8 B6.2 B
Slightly volatile
Total Revenue25.1 B23.9 B20.2 B
Slightly volatile
Gross Profit14.9 B14.2 B11.4 B
Slightly volatile
Other Operating Expenses20 B19 B15.6 B
Slightly volatile
Operating Income5.1 B4.9 BB
Slightly volatile
EBIT6.3 BB4.2 B
Slightly volatile
EBITDA2.6 B4.9 B4.8 B
Slightly volatile
Cost Of Revenue5.4 B9.7 B8.7 B
Slightly volatile
Total Operating Expenses9.8 B9.3 B7.4 B
Slightly volatile
Income Before Tax4.9 B4.6 B3.9 B
Slightly volatile
Net Income4.1 B3.9 B3.4 B
Slightly volatile
Income Tax Expense403.8 M747 M674.3 M
Pretty Stable
Research DevelopmentB1.6 B1.2 B
Slightly volatile
Net Income Applicable To Common Shares8.6 B8.2 BB
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
Dividends Paid806.4 M768 M457.3 M
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 Ratio7.387.02833.9902
Slightly volatile
Dividend Yield0.00280.00460.0048
Very volatile
PTB Ratio1.813.3872.4064
Slightly volatile
Days Sales Outstanding46.3654.073559.6866
Slightly volatile
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 Revenue0.00630.01210.0078
Slightly volatile
Capex To Depreciation0.910.59180.6008
Pretty Stable
PB Ratio1.813.3872.4064
Slightly volatile
EV To Sales7.997.61164.4081
Slightly volatile
Free Cash Flow Per Share7.617.24495.6191
Slightly volatile
ROIC0.0930.05730.0678
Pretty Stable
Inventory Turnover5.644.14984.6422
Slightly volatile
Net Income Per Share5.65.33384.7399
Slightly volatile
Days Of Inventory On Hand58.8487.956479.2412
Slightly volatile
Payables Turnover7.765.51575.806
Very volatile
Research And Ddevelopement To Revenue0.04860.06630.0606
Pretty Stable
Capex To Revenue0.03870.05830.0352
Slightly volatile
Cash Per Share1.852.84274.86
Pretty Stable
POCF Ratio26.3425.089916.5743
Slightly volatile
Interest Coverage16.6717.492821.9907
Pretty Stable
Payout Ratio0.210.1970.128
Slightly volatile
Capex To Operating Cash Flow0.250.20810.178
Pretty Stable
PFCF Ratio33.2731.684519.9874
Slightly volatile
Days Payables Outstanding44.5466.174964.3645
Very volatile
Income Quality1.81.71531.5401
Pretty Stable
ROE0.150.07870.1147
Pretty Stable
EV To Operating Cash Flow28.5327.172318.4664
Slightly volatile
PE Ratio45.1943.036924.2768
Slightly volatile
Return On Tangible Assets0.140.2110.2145
Pretty Stable
EV To Free Cash Flow36.0334.314222.3558
Slightly volatile
Earnings Yield0.02210.02320.0536
Slightly volatile
Intangibles To Total Assets0.440.76170.658
Slightly volatile
Net Debt To EBITDA1.772.86391.8025
Pretty Stable
Current Ratio1.311.3971.906
Pretty Stable
Receivables Turnover7.126.75016.2162
Pretty Stable
Graham Number94.790.186568.1754
Slightly volatile
Shareholders Equity Per Share71.1667.774344.1176
Slightly volatile
Debt To Equity0.310.32310.5779
Slightly volatile
Capex Per Share2.01.90421.0689
Slightly volatile
Revenue Per Share34.2932.660728.5074
Slightly volatile
Interest Debt Per Share23.3922.27517.8359
Slightly volatile
Debt To Assets0.250.20640.2467
Pretty Stable
Enterprise Value Over EBITDA39.2437.369518.0984
Slightly volatile
Short Term Coverage Ratios12.5813.2436128
Pretty Stable
Price Earnings Ratio45.1943.036924.2768
Slightly volatile
Operating Cycle105142139
Very volatile
Price Book Value Ratio1.813.3872.4064
Slightly volatile
Days Of Payables Outstanding44.5466.174964.3645
Very volatile
Dividend Payout Ratio0.210.1970.128
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 Margin0.110.19460.1745
Slightly volatile
Ebt Per Ebit0.740.95540.9536
Very volatile
Operating Profit Margin0.120.20370.1786
Slightly volatile
Effective Tax Rate0.150.16080.2198
Slightly volatile
Company Equity Multiplier2.671.56512.05
Slightly volatile
Long Term Debt To Capitalization0.340.23830.3023
Pretty Stable
Total Debt To Capitalization0.350.24420.311
Pretty Stable
Return On Capital Employed0.06530.06870.085
Slightly volatile
Debt Equity Ratio0.310.32310.5779
Slightly volatile
Ebit Per Revenue0.120.20370.1786
Slightly volatile
Quick Ratio0.961.05431.5205
Very volatile
Dividend Paid And Capex Coverage Ratio4.093.09634.298
Slightly volatile
Net Income Per E B T0.570.83920.8133
Pretty Stable
Cash Ratio0.340.30570.7166
Very volatile
Cash Conversion Cycle91.0775.85579.3449
Very volatile
Operating Cash Flow Sales Ratio0.290.28010.2199
Slightly volatile
Days Of Inventory Outstanding58.8487.956479.2412
Slightly volatile
Days Of Sales Outstanding46.3654.073559.6866
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.620.79190.8139
Very volatile
Cash Flow Coverage Ratios0.680.41790.4806
Pretty Stable
Price To Book Ratio1.813.3872.4064
Slightly volatile
Fixed Asset Turnover5.714.78467.2398
Slightly volatile
Capital Expenditure Coverage Ratio5.264.80466.3559
Very volatile
Price Cash Flow Ratio26.3425.089916.5743
Slightly volatile
Enterprise Value Multiple39.2437.369518.0984
Slightly volatile
Debt Ratio0.250.20640.2467
Pretty Stable
Cash Flow To Debt Ratio0.680.41790.4806
Pretty Stable
Price Sales Ratio7.387.02833.9902
Slightly volatile
Return On Assets0.05210.05030.0604
Very volatile
Asset Turnover0.290.30790.4429
Slightly volatile
Net Profit Margin0.170.16330.1532
Slightly volatile
Gross Profit Margin0.350.5950.5198
Slightly volatile
Price Fair Value1.813.3872.4064
Slightly volatile
Return On Equity0.150.07870.1147
Pretty Stable

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 Earnings27.7008
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 Revenue1.7 B987.2 M
Total Revenue23.9 B25.1 B
Cost Of Revenue9.7 B5.4 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 0.20  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

  0.82DOCS DoximityPairCorr
  0.74FEMY FemasysPairCorr
  0.71EDAP EDAP TMS SAPairCorr
  0.52LH LaboratoryPairCorr
  0.5EHAB EnhabitPairCorr
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.