Danaher (DHR) Stock Price

Danaher Price

NYSE·CLOSED
203.40USD-2.39 (-1.17 %)
Market closed

Over the last 19 years Danaher grew revenue by 5.1% annually, reaching 24.57 B USD. Earnings per share have grown at 5.9% per year over the last 19 years. For Danaher, the net margin of 14.7% is down versus 21.8% a few years ago. At today's price the dividend yield works out to roughly 0.63%. The payout ratio is around 25% of earnings. The dividend has grown at 15.7% per year over the past 19 years. The consensus 12-month price target for Danaher is 272.85 USD, about 34.1% above where the stock trades today. Of 31 analysts, 27 rate the stock a buy — an overall Buy consensus. The stock trades about 26% above its 52-week low.

Danaher stock price

Volume
Ex-Dividend
Details

Stock Price

How to Read This Chart

This chart tracks the historical stock price of Danaher over time. You can switch between daily, weekly, and monthly views and select custom time ranges — from a single day to the full available history. Use the toggle to view price changes in absolute currency terms or as a percentage change relative to the starting date.

Total Return vs. Price Return

The "Total Return" toggle includes reinvested dividends on top of the pure price movement. This is critical because dividends can account for a significant portion of long-term returns. Historically, roughly 40 % of the S&P 500's total return has come from dividends. Always compare total return when evaluating a stock's real performance against a benchmark.

Intraday Price Data

When viewing a one-day time frame, the chart displays real-time intraday price movements. This is useful for observing how Danaher stock reacts to market openings, earnings releases, or breaking news throughout the trading session.

What to Look For

Look for long-term trends (sustained upward or downward movements over months and years), support and resistance levels (price zones where the stock repeatedly bounces or reverses), and volatility (how much the price fluctuates day to day). Comparing Danaher's price chart to a market index like the S&P 500 can reveal whether the stock is outperforming or underperforming the broader market.

Danaher Stock Price History
DateDanaher Price
8/14/2026203.40 USD
8/12/2026205.79 USD
8/11/2026207.44 USD
8/10/2026205.96 USD
8/7/2026204.76 USD
8/6/2026199.98 USD
8/5/2026199.04 USD
8/4/2026196.00 USD
8/3/2026197.50 USD
7/31/2026194.98 USD
7/30/2026196.17 USD
7/29/2026201.21 USD
7/27/2026193.62 USD
7/23/2026192.50 USD
7/22/2026179.14 USD
7/21/2026179.01 USD
7/20/2026201.11 USD
7/17/2026203.83 USD
7/16/2026205.01 USD
7/15/2026200.79 USD
7/14/2026199.05 USD
7/13/2026199.43 USD
7/10/2026199.05 USD
7/9/2026195.98 USD
7/8/2026191.80 USD
7/7/2026194.19 USD
7/6/2026191.66 USD
7/2/2026197.93 USD
7/1/2026193.72 USD
6/30/2026190.48 USD
6/29/2026192.27 USD
6/26/2026196.19 USD
6/25/2026193.21 USD
6/24/2026188.87 USD
6/23/2026178.97 USD
6/22/2026175.77 USD
6/18/2026177.77 USD
6/17/2026180.88 USD
6/16/2026181.40 USD
6/15/2026179.80 USD
6/12/2026182.56 USD
6/11/2026180.13 USD
6/10/2026186.10 USD
6/9/2026188.41 USD
6/8/2026183.53 USD
6/5/2026185.13 USD
6/4/2026185.66 USD
6/3/2026176.10 USD
6/2/2026177.68 USD
6/1/2026181.12 USD
5/29/2026183.18 USD
5/28/2026178.87 USD
5/27/2026172.95 USD
5/26/2026172.28 USD
5/22/2026172.13 USD
5/21/2026172.29 USD
5/20/2026167.46 USD
5/19/2026167.04 USD
5/18/2026163.86 USD
5/15/2026161.91 USD
5/14/2026164.54 USD
5/13/2026165.99 USD
5/12/2026166.26 USD
5/11/2026166.52 USD
5/8/2026171.16 USD
5/7/2026175.66 USD
5/6/2026174.92 USD
5/5/2026174.63 USD
5/4/2026174.04 USD
5/1/2026175.15 USD
4/30/2026178.95 USD
4/29/2026178.80 USD
4/28/2026178.98 USD
4/27/2026180.62 USD
4/24/2026177.25 USD
4/22/2026184.04 USD
4/21/2026194.54 USD
4/20/2026195.50 USD
4/17/2026194.75 USD
4/16/2026193.78 USD
4/15/2026198.14 USD
4/14/2026198.61 USD
4/13/2026195.87 USD
4/10/2026189.61 USD
4/9/2026192.99 USD
4/8/2026196.19 USD
4/7/2026191.01 USD
4/6/2026192.12 USD
4/2/2026191.12 USD
4/1/2026190.79 USD
3/31/2026189.60 USD
3/30/2026183.89 USD
3/27/2026181.53 USD
3/26/2026188.05 USD
3/25/2026187.15 USD
3/24/2026190.10 USD
3/23/2026190.00 USD
3/20/2026190.87 USD
3/19/2026190.11 USD
3/18/2026190.11 USD
3/17/2026195.21 USD
3/16/2026191.39 USD
3/13/2026187.32 USD
3/12/2026186.97 USD
3/11/2026195.06 USD
3/10/2026195.22 USD
3/9/2026198.80 USD
3/6/2026195.71 USD
3/5/2026202.00 USD
3/4/2026204.73 USD
3/3/2026204.01 USD
3/2/2026206.00 USD
2/27/2026210.64 USD
2/26/2026209.36 USD
2/25/2026209.52 USD
2/24/2026209.19 USD
2/23/2026210.92 USD
2/20/2026209.50 USD
2/19/2026211.25 USD
2/18/2026208.56 USD
2/17/2026206.36 USD
2/13/2026212.58 USD
2/12/2026214.91 USD
2/11/2026219.98 USD
2/10/2026219.75 USD
2/9/2026216.66 USD
2/6/2026216.61 USD
2/5/2026215.75 USD
2/4/2026219.53 USD
2/3/2026216.60 USD
2/2/2026223.42 USD
1/30/2026218.89 USD
1/29/2026219.62 USD
1/28/2026224.54 USD
1/27/2026235.76 USD
1/26/2026236.71 USD
1/23/2026235.41 USD
1/22/2026240.09 USD
1/21/2026242.06 USD
1/20/2026234.34 USD
1/16/2026235.99 USD
1/15/2026239.89 USD
1/14/2026237.95 USD
1/13/2026235.56 USD
1/12/2026239.00 USD
1/9/2026238.37 USD
1/8/2026235.00 USD
1/7/2026235.57 USD
1/6/2026236.59 USD
1/5/2026235.36 USD
1/2/2026230.40 USD
12/31/2025228.92 USD
12/30/2025230.67 USD
12/29/2025230.63 USD
12/26/2025230.32 USD
12/24/2025231.47 USD
12/23/2025230.83 USD
12/22/2025228.01 USD
12/19/2025224.84 USD
12/18/2025224.35 USD
12/17/2025222.63 USD
12/16/2025224.70 USD
12/15/2025228.53 USD
12/12/2025226.33 USD
12/11/2025232.37 USD
12/10/2025230.42 USD
12/9/2025223.23 USD
12/8/2025224.48 USD
12/5/2025226.25 USD
12/4/2025227.13 USD
12/3/2025228.46 USD
12/2/2025226.59 USD
12/1/2025224.14 USD
11/28/2025226.78 USD
11/26/2025228.46 USD
11/25/2025230.77 USD
11/24/2025226.98 USD
11/21/2025227.77 USD
11/20/2025222.62 USD
11/19/2025222.41 USD
11/18/2025225.51 USD
11/17/2025220.44 USD
11/14/2025221.77 USD
11/13/2025221.20 USD
11/12/2025219.40 USD
11/11/2025215.82 USD
11/10/2025211.17 USD
11/7/2025209.94 USD
11/6/2025210.67 USD
11/5/2025212.21 USD
11/4/2025213.83 USD
11/3/2025214.06 USD
10/31/2025215.38 USD
10/30/2025214.51 USD
10/29/2025214.01 USD
10/28/2025216.90 USD
10/27/2025221.01 USD
10/24/2025223.02 USD
10/23/2025222.73 USD
10/22/2025218.10 USD
10/21/2025220.77 USD
10/20/2025207.01 USD
10/17/2025209.89 USD
10/16/2025210.92 USD
10/15/2025206.10 USD
10/14/2025206.15 USD
10/13/2025205.14 USD
10/10/2025202.01 USD
10/9/2025204.48 USD
10/8/2025204.96 USD
10/7/2025208.77 USD
10/6/2025211.71 USD
10/3/2025214.86 USD
10/2/2025210.33 USD
10/1/2025212.88 USD
9/30/2025198.26 USD
9/29/2025198.26 USD
9/28/2025186.06 USD
9/25/2025184.84 USD
9/24/2025181.46 USD
9/23/2025189.72 USD
9/22/2025190.46 USD
9/19/2025193.30 USD
9/18/2025195.27 USD
9/17/2025192.94 USD
9/16/2025190.48 USD
9/15/2025188.54 USD
9/12/2025191.86 USD
9/11/2025195.16 USD
9/10/2025192.59 USD
9/9/2025194.33 USD
9/8/2025198.63 USD
9/5/2025200.22 USD
9/4/2025199.03 USD
9/3/2025199.44 USD
9/2/2025203.79 USD
8/29/2025205.83 USD
8/28/2025205.29 USD
8/27/2025205.00 USD
8/26/2025206.25 USD
8/25/2025207.73 USD
8/22/2025211.89 USD
8/21/2025204.62 USD
8/20/2025211.40 USD
8/19/2025212.20 USD
8/18/2025209.01 USD
8/15/2025212.01 USD
8/14/2025210.22 USD
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Danaher Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2023
23.89 B USD
5.20 B USD
4.74 B USD
Jan 1, 2024
23.88 B USD
5.18 B USD
3.90 B USD
Jan 1, 2025
24.57 B USD
5.14 B USD
3.61 B USD
Jan 1, 2026 (e)
26.12 B USD
6.03 B USD
6.07 B USD
Jan 1, 2027 (e)
28.09 B USD
6.49 B USD
6.60 B USD
Jan 1, 2028 (e)
29.84 B USD
6.89 B USD
7.26 B USD
Jan 1, 2029 (e)
31.79 B USD
7.34 B USD
8.01 B USD
Jan 1, 2030 (e)
33.22 B USD
7.67 B USD
8.78 B USD

Danaher Income Statement, Balance Sheet, Cash Flow Statement

Last updated Aug 14, 2026, 6:55 PM
 
REVENUEB USD
REVENUE GROWTH%
GROSS MARGIN%
GROSS INCOMEB USD
EBITB USD
EBIT MARGIN%
NET INCOMEB USD
NET INCOME GROWTH%
DIV.USD
DIV. GROWTH%
SHARESM
201520162017201820192020202120222023202420252026e2027e2028e2029e2030e
14.4316.8818.3317.0517.9122.2829.4526.6423.8923.8824.5726.1228.0929.8431.7933.22
-27.5216.978.57-6.995.0624.4232.17-9.54-10.33-0.062.906.337.526.236.534.53
54.8355.5855.8155.7555.7455.9860.9560.7658.7459.5060.9360.9360.9360.9360.9360.93
7.919.3810.239.519.9812.4817.9516.1914.0314.2114.9715.9217.1118.1819.3720.24
2.422.993.153.073.364.528.057.545.205.185.146.036.496.897.347.67
16.7517.6917.1818.0118.7720.2727.3328.2921.7721.7120.9123.0923.0923.0923.0923.09
2.602.552.492.652.563.656.437.214.743.903.616.076.607.268.018.78
-0.08-1.66-2.396.34-3.5142.5976.4412.06-34.21-17.79-7.3168.078.739.9210.339.59
0.540.570.560.640.680.720.841.001.051.081.281.601.802.01
8.005.56-1.7514.296.255.8816.6719.055.002.8618.5225.0012.5011.67
697.10701.90707.60711.20726.30724.50738.40745.70746.10737.20711.00711.00711.00711.00711.00711.00
Details

Income Statement Key Figures

Revenue and Revenue Growth

Revenue is the starting point of every income statement — it measures the total sales Danaher generates from its core business. Revenue growth (expressed as year-over-year percentage change) is one of the most important indicators of business momentum. Sustained growth above 10 % annually is generally considered strong, while declining revenue is a serious warning sign that demands investigation.

Gross Margin

Gross margin = (Revenue − Cost of Goods Sold) ÷ Revenue. It reveals what percentage of each dollar of revenue Danaher retains after direct production costs. High gross margins (above 50 %) are typical of asset-light businesses like software and brands, while capital-intensive industries like manufacturing often operate below 30 %. Compare Danaher's gross margin to industry peers and track it over time to spot improving or deteriorating pricing power.

EBIT and EBIT Margin

EBIT measures operating profit — what remains after subtracting all operating expenses (including R&D, sales, and administrative costs) from gross profit. The EBIT margin shows this as a percentage of revenue. Because it excludes interest and taxes, EBIT allows fair comparisons between companies with different debt levels and tax jurisdictions. A rising EBIT margin indicates improving operational efficiency.

Net Income and Earnings Per Share (EPS)

Net income is the company's final profit after all expenses, interest, and taxes. Dividing net income by the number of shares outstanding gives you EPS — the single most influential metric in stock valuation. Consistent EPS growth is the primary driver of long-term stock price appreciation. Always check whether EPS growth comes from genuine profit improvement or from share buybacks reducing the share count.

Shares Outstanding

The total number of shares Danaher has issued. A declining share count (through buybacks) boosts EPS and signals management confidence. A rising share count (through stock issuance) dilutes existing shareholders. Always monitor this number alongside EPS to get the full picture of per-share value creation.

Analyst Estimates

The projected figures represent consensus estimates from professional analysts. Compare these forecasts against Danaher's historical growth rates to assess whether expectations are realistic. A company that consistently beats consensus estimates tends to see its stock price rewarded over time, while repeated misses erode investor confidence.

Danaher stock margins

The Danaher margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Danaher. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Danaher.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2021
60.95 %
27.33 %
21.84 %
Jan 1, 2022
60.76 %
28.29 %
27.06 %
Jan 1, 2023
58.74 %
21.77 %
19.85 %
Jan 1, 2024
59.50 %
21.71 %
16.33 %
Jan 1, 2025
60.93 %
20.91 %
14.71 %
Jan 1, 2026 (e)
60.93 %
23.09 %
23.25 %
Jan 1, 2027 (e)
60.93 %
23.09 %
23.51 %
Jan 1, 2028 (e)
60.93 %
23.09 %
24.33 %

Danaher Stock Revenue, EBIT, Earnings per Share

The Danaher earnings per share therefore indicates how much revenue Danaher has generated per share in a given period. The earnings before interest and taxes per share shows how much of the operating profit corresponds to each share. The earnings per share indicates how much of the profit belongs to each share.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue per Share
EBIT per share
Earnings per Share
Details
Date
Revenue per Share
EBIT per share
Earnings per Share
Jan 1, 2021
39.89 USD
10.90 USD
8.71 USD
Jan 1, 2022
35.73 USD
10.11 USD
9.67 USD
Jan 1, 2023
32.02 USD
6.97 USD
6.36 USD
Jan 1, 2024
32.39 USD
7.03 USD
5.29 USD
Jan 1, 2025
34.55 USD
7.23 USD
5.08 USD
Jan 1, 2026 (e)
36.48 USD
8.48 USD
8.48 USD
Jan 1, 2027 (e)
39.22 USD
9.12 USD
9.22 USD
Jan 1, 2028 (e)
41.67 USD
9.69 USD
10.14 USD

Danaher business model & stock analysis

The Danaher Corporation is an American company specializing in products and solutions in the fields of science, healthcare, environment, and industrial technologies. It was founded in 1969 by Steven and Mitchell Rales in Washington D.C. The company operates through four business segments: Life Science, Diagnostics, Environmental & Applied Solutions, and Industrial. Danaher follows a profitable business model focused on growth, innovation, and improved operational results. They invest heavily in research and development to meet customer needs. The company's products and services have earned a reputation as a trusted partner in the markets they operate in.

Danaher SWOT Analysis

Strengths

1. Strong Global Presence: Danaher Corp operates in various countries worldwide, allowing it to tap into diverse markets and benefit from global growth opportunities.

2. Diverse Product Portfolio: The company offers a broad range of products, spanning multiple industries such as life sciences, diagnostics, and environmental and applied solutions. This diversification reduces reliance on a single sector and mitigates risks.

3. Focus on Innovation: Danaher Corp emphasizes research and development, continually introducing new and innovative solutions to meet evolving customer needs. This helps maintain a competitive edge in the market.

Weaknesses

1. Dependency on Acquisitions: Danaher Corp has relied heavily on acquisitions for growth, which can pose integration challenges and increase financial risks if not managed effectively.

2. Limited Brand Recognition: The company's brand awareness among consumers may be relatively low compared to its competitors, potentially hampering customer loyalty and market penetration.

3. Vulnerability to Economic Fluctuations: As a global company, Danaher Corp is susceptible to economic downturns and fluctuations in different markets, which can impact its financial performance.

Opportunities

1. Growing Demand for Healthcare Solutions: The increasing focus on healthcare and life sciences presents opportunities for Danaher Corp to further expand its product offerings in these sectors and capitalize on the rising demand.

2. Technological Advancements: Advancements in technology open doors for the development of new and improved products, providing Danaher Corp with opportunities to innovate and stay ahead of competitors.

3. Emerging Markets: The company can tap into emerging markets, especially in Asia and Latin America, where there is significant potential for growth due to increasing industrialization and economic development.

Threats

1. Intense Competition: Danaher Corp faces intense competition from both established players and emerging companies in its various sectors. This competition can erode market share and profitability.

2. Regulatory Changes: Changes in regulations, particularly in the healthcare and environmental sectors, can impact the company's operations and necessitate compliance costs, adding operational challenges.

3. Currency Exchange Rate Fluctuations: As a global company, Danaher Corp is exposed to currency exchange rate fluctuations, which can affect its financial results and profitability when converting revenues into different currencies.

Danaher Employees

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Danaher Employees
Details
Date
Danaher Employees
Jan 1, 2018
- Employees
Jan 1, 2019
- Employees
Jan 1, 2020
- Employees
Jan 1, 2021
- Employees
Jan 1, 2022
- Employees
Jan 1, 2023
- Employees
Jan 1, 2024
- Employees
Jan 1, 2025
- Employees

Danaher Segments

Danaher Revenue by Segment (1/3)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Research and medical products
Medical and dental products
Medical & dental products
Analytical & physical instrumentation
Analytical and physical instrumentation
Dental products
Product Identification
Motion & industrial automation controls
Motion and industrial automation controls
All other
Details
Date
Research and medical products
Recurring
Total Sales by Major Product Group
Medical and dental products
Medical & dental products
Nonrecurring
Analytical & physical instrumentation
Analytical and physical instrumentation
Dental products
Product Identification
Motion & industrial automation controls
Motion and industrial automation controls
All other
Mechanics and related hand tools
Aerospace and defense
Jan 1, 2011
0.00 USD
0.00 USD
16.09 B USD
6.65 B USD
0.00 USD
0.00 USD
0.00 USD
5.92 B USD
0.00 USD
1.16 B USD
0.00 USD
1.68 B USD
209.70 M USD
305.20 M USD
162.00 M USD
Jan 1, 2012
0.00 USD
0.00 USD
0.00 USD
0.00 USD
8.51 B USD
0.00 USD
0.00 USD
6.00 B USD
0.00 USD
1.41 B USD
0.00 USD
1.59 B USD
417.30 M USD
330.50 M USD
0.00 USD
Jan 1, 2014
0.00 USD
0.00 USD
0.00 USD
0.00 USD
9.38 B USD
0.00 USD
6.54 B USD
0.00 USD
0.00 USD
1.61 B USD
1.55 B USD
0.00 USD
828.10 M USD
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
0.00 USD
10.96 B USD
0.00 USD
0.00 USD
0.00 USD
5.76 B USD
0.00 USD
1.57 B USD
0.00 USD
1.41 B USD
861.10 M USD
0.00 USD
0.00 USD
Jan 1, 2016
10.37 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.09 B USD
2.79 B USD
1.64 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2017
11.51 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.23 B USD
2.81 B USD
1.77 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
Jan 1, 2022
26.64 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.85 B USD
0.00 USD
1.98 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Danaher Revenue by Segment (2/3)

  • 3 Years

  • Max

Recurring
Nonrecurring
Details
Date
Recurring
Nonrecurring
Jan 1, 2011
0.00 USD
0.00 USD
Jan 1, 2012
0.00 USD
0.00 USD
Jan 1, 2014
0.00 USD
0.00 USD
Jan 1, 2015
0.00 USD
0.00 USD
Jan 1, 2016
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
0.00 USD
Jan 1, 2022
23.72 B USD
7.75 B USD

Danaher Revenue by Segment (3/3)

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

Life Sciences & Diagnostics
Diagnostics
Life Sciences
Environmental & Applied Solutions
Environmental
Industrial Technologies
Dental
Test & Measurement
Details
Date
Life Sciences & Diagnostics
Diagnostics
Life Sciences
Environmental & Applied Solutions
Life Sciences and Diagnostics
Environmental
Test and Measurement
Industrial Technologies
Dental
Test & Measurement
Businesses contributed to Apex joint venture attributable to periods prior to contribution
Jan 1, 2011
0.00 USD
0.00 USD
0.00 USD
0.00 USD
4.63 B USD
2.94 B USD
3.39 B USD
3.12 B USD
2.01 B USD
0.00 USD
0.00 USD
Jan 1, 2012
6.49 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
3.06 B USD
0.00 USD
3.31 B USD
2.02 B USD
3.38 B USD
0.00 USD
Jan 1, 2014
7.19 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
3.55 B USD
0.00 USD
3.53 B USD
2.19 B USD
3.46 B USD
0.00 USD
Jan 1, 2015
8.21 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
3.64 B USD
0.00 USD
3.32 B USD
2.74 B USD
2.65 B USD
0.00 USD
Jan 1, 2016
0.00 USD
5.04 B USD
5.37 B USD
3.69 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.79 B USD
0.00 USD
0.00 USD
Jan 1, 2017
0.00 USD
5.84 B USD
5.71 B USD
3.97 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
2.81 B USD
0.00 USD
0.00 USD
Jan 1, 2022
0.00 USD
0.00 USD
0.00 USD
4.80 B USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD
0.00 USD

Danaher Revenue by Region

  • 3 Years

  • 5 Years

  • 10 Years

  • Max

North America
All other (each country individually less than 5% of total)
High-growth markets
United States
Western Europe
China
Other developed markets
Germany
Japan
Details
Date
North America
All other (each country individually less than 5% of total)
High-growth markets
All other
United States
Other Segments
Western Europe
China
Other developed markets
Germany
Japan
Jan 1, 2018
7.82 B USD
0.00 USD
6.10 B USD
0.00 USD
0.00 USD
0.00 USD
4.72 B USD
0.00 USD
1.25 B USD
0.00 USD
0.00 USD
Jan 1, 2019
7.01 B USD
0.00 USD
5.73 B USD
0.00 USD
0.00 USD
0.00 USD
4.06 B USD
0.00 USD
1.11 B USD
0.00 USD
0.00 USD
Jan 1, 2020
9.01 B USD
0.00 USD
6.65 B USD
0.00 USD
0.00 USD
0.00 USD
5.32 B USD
0.00 USD
1.30 B USD
0.00 USD
0.00 USD
Jan 1, 2021
11.83 B USD
0.00 USD
9.18 B USD
0.00 USD
0.00 USD
0.00 USD
6.97 B USD
0.00 USD
1.48 B USD
0.00 USD
0.00 USD
Jan 1, 2022
13.97 B USD
0.00 USD
9.13 B USD
0.00 USD
0.00 USD
0.00 USD
6.91 B USD
0.00 USD
1.47 B USD
0.00 USD
0.00 USD
Jan 1, 2023
9.96 B USD
0.00 USD
7.19 B USD
0.00 USD
0.00 USD
0.00 USD
5.47 B USD
0.00 USD
1.27 B USD
0.00 USD
0.00 USD
Jan 1, 2024
10.30 B USD
0.00 USD
6.87 B USD
0.00 USD
0.00 USD
0.00 USD
5.46 B USD
0.00 USD
1.25 B USD
0.00 USD
0.00 USD
Jan 1, 2025
10.36 B USD
0.00 USD
7.02 B USD
0.00 USD
0.00 USD
0.00 USD
5.94 B USD
0.00 USD
1.25 B USD
0.00 USD
0.00 USD

Danaher Eulerpool Fair Value

Details

Fair Value Estimate

What Is Fair Value?

Fair value is an estimate of what a stock is truly "worth" based on its financial fundamentals, independent of the current market price. If the calculated fair value is above the current share price, the stock may be undervalued — and vice versa. This chart shows three different fair value approaches so you can cross-check them against each other.

Earnings-Based Fair Value

Calculated by multiplying the current earnings per share (EPS) by the average historical P/E ratio over a selected multi-year period. The smoothing over several years filters out temporary spikes or dips. If this fair value exceeds the market price, it suggests the stock is cheap relative to its earning power.

Example: Fair Value (Earnings) 2022 = EPS 2022 × Average P/E 2019–2021

Revenue-Based Fair Value

Derived by multiplying revenue per share by the average historical price-to-sales ratio. This method is particularly useful for companies with volatile or temporarily depressed earnings, as revenue tends to be more stable than profits. It answers: "At what price has the market historically valued each dollar of this company's sales?"

Example: Fair Value (Revenue) 2022 = Revenue per Share 2022 × Average P/S 2019–2021

Dividend-Based Fair Value

Calculated by dividing the dividend per share by the average historical dividend yield. This approach is most relevant for mature, consistently dividend-paying companies. If the resulting fair value is higher than the current price, it implies the stock offers a better yield than its historical average.

Example: Fair Value (Dividend) 2022 = Dividend per Share 2022 ÷ Average Yield 2019–2021

How to Use This Chart

When all three fair value lines converge above the current price, it strengthens the case that the stock is undervalued. When they diverge, investigate why — it may indicate a structural shift in margins, payout policy, or growth rate. The forward estimates on the right extend the analysis using projected fundamentals, helping you assess whether the current price already reflects future growth expectations.

Danaher historical P/E ratio, EBIT multiple, and P/S ratio

Danaher annual returns

Details

Annual Return

What This Chart Shows

This chart breaks down 's total annual return into two components: price return (gains or losses from stock price movement) and dividend return (income received from dividend payments). Together, they represent the total return an investor would have earned in each calendar year.

Price Return

Price return measures the percentage change in 's stock price from January 1st to December 31st of each year. Positive bars indicate the stock appreciated; negative bars show a decline. This is the component most investors focus on, but it tells only part of the story — especially for dividend-paying stocks.

Dividend Return

Dividend return represents the income generated from dividends paid during the year, expressed as a percentage of the starting stock price. While it may seem small in any single year (typically 1–4 % for established companies), dividends compound significantly over decades and have historically contributed roughly 40 % of total stock market returns.

What to Look For

Examine how many years showed positive vs. negative returns to gauge consistency. A stock with mostly positive years and small drawdowns suggests lower risk. Also compare 's annual returns to a benchmark index — consistently outperforming the market is a hallmark of a strong investment. Pay attention to the worst years: understanding downside risk is just as important as chasing upside potential.

Danaher shares outstanding

The number of shares of Danaher was 711 M in 2025. This indicates how many shares Danaher is divided into. Since shareholders are the owners of a company, each share represents a small portion of the company's ownership.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Number of stocks
Details
Date
Number of stocks
Jan 1, 2021
738.40 M Stocks
Jan 1, 2022
745.70 M Stocks
Jan 1, 2023
746.10 M Stocks
Jan 1, 2024
737.20 M Stocks
Jan 1, 2025
711.00 M Stocks
Jan 1, 2026 (e)
711.00 M Stocks
Jan 1, 2027 (e)
711.00 M Stocks
Jan 1, 2028 (e)
711.00 M Stocks

Danaher stock splits

In Danaher's history, there have been no stock splits.

Danaher Dividend History

34 years of dividend payments · 8 consecutive increases

YearAnnual DividendYoY ChangePayments
20260.80USDYTD
Mar 27, 20260.40USD 25.0%1/2
Jun 26, 20260.40USD 0.0%2/2
20251.28USD 18.5%
Mar 28, 20250.32USD 18.5%1/4
Jun 27, 20250.32USD 0.0%2/4
Sep 26, 20250.32USD 0.0%3/4
Dec 26, 20250.32USD 0.0%4/4
20241.08USD 2.9%
20231.05USD 5.0%
20221.00USD 19.0%
20210.84USD 16.7%
20200.72USD 5.9%
20190.68USD 6.3%
20180.64USD 14.3%
20170.56USD 1.8%

Danaher dividend history and estimates

In 2025, Danaher paid a dividend amounting to 1.28 USD. Dividend means that Danaher distributes a portion of its profits to its owners.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Dividend
Dividend (Estimate)
Details
Date
Dividend
Dividend (Estimate)
Jan 1, 2021
0.84 USD
0.00 USD
Jan 1, 2022
1.00 USD
0.00 USD
Jan 1, 2023
1.05 USD
0.00 USD
Jan 1, 2024
1.08 USD
0.00 USD
Jan 1, 2025
1.28 USD
0.00 USD
Jan 1, 2026 (e)
0.80 USD
0.80 USD
Jan 1, 2027 (e)
0.00 USD
1.80 USD
Jan 1, 2028 (e)
0.00 USD
2.01 USD

Danaher dividend payout ratio

In 2025, Danaher had a payout ratio of 25.18%. The payout ratio indicates the percentage of the company's profits that Danaher distributes as dividends.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Payout ratio
Details
Date
Payout ratio
Jan 1, 2021
9.64 %
Jan 1, 2022
10.34 %
Jan 1, 2023
16.52 %
Jan 1, 2024
20.42 %
Jan 1, 2025
25.18 %
Jan 1, 2026 (e)
18.86 %
Jan 1, 2027 (e)
19.46 %
Jan 1, 2028 (e)
19.87 %

Current Danaher forecasts and price targets in August 2026

Analyst Price Targets 2026
Δ MOM Price Target
1.90 %
Buy
87.10 % (27)
Hold
12.90 % (4)
Sell
0.00 % (0)
12M Price Target
272.85
Last Price
205.79
Currency
USD
12M Return Potential
32.59 %
LTM Return
0 %

Danaher Analyst Rating Actions

DateFirmActionRatingReliability
7/22/2026
Wells Fargo
Wells Fargo
MaintainedEqual Weight56
7/22/2026
TD Cowen
TD Cowen
MaintainedBuy60
7/22/2026
Stifel
Stifel
MaintainedBuy
7/22/2026
RBC Capital
RBC Capital
MaintainedOutperform52
7/22/2026
Guggenheim
Guggenheim
MaintainedBuy30
7/6/2026
Evercore ISI Group
Evercore ISI Group
MaintainedOutperform62
6/11/2026
Piper Sandler
Piper Sandler
MaintainedNeutral51
6/3/2026
HSBC
HSBC
MaintainedBuy
5/27/2026
Citigroup
Citigroup
DowngradeBuyNeutral48
4/23/2026
Morgan Stanley
Morgan Stanley
MaintainedOverweight60

Eulerpool Reliability Score (0–100): measures how often a firm’s bullish or bearish calls were directionally correct three months later, blended with the average return following its calls. Every rating we record is stored permanently and scores update continuously; firms with fewer than 3 measured calls are not scored yet.

Danaher Earnings Estimates & Surprises

DateEPS estimateEPS ActualRevenue EstimatePrice reactionQuarterly report
7/21/20261.85USD-6.15 BUSD-2026 Q2
4/21/20261.96USD-6.06 BUSD-2026 Q1
1/28/20262.17USD-6.87 BUSD-2025 Q4
4/23/20241.84USD-5.76 BUSD-2024 Q1
1/22/20241.89USD-6.00 BUSD-2023 Q4
7/19/20232.61USD-7.63 BUSD-2023 Q2
4/19/20232.52USD-7.43 BUSD-2023 Q1
1/25/20232.48USD-7.80 BUSD-2022 Q4
10/20/20222.28USD-7.27 BUSD-2022 Q3
7/21/20222.37USD-7.41 BUSD-2022 Q2
...

EESG©

Eulerpool ESG Scorecard© for the Danaher stock

93/100
99
Environment
99
Social
80
Governance
E

Environment

20
Scope 1 - Direct Emissions109,046
Scope 2 - Indirect emissions from purchased energy202,934
Scope 3 - Indirect emissions within the value chain
Total CO₂ emissions311,980
CO₂ reduction strategy
Coal energy
Nuclear power
Animal experiments
Fur & Leather
Pesticides
Palm Oil
Tobacco
Genetically modified organisms
Climate concept
Sustainable forestry
Recycling regulations
Environmentally friendly packaging
Hazardous substances
Fuel consumption and efficiency
Water consumption and efficiency
S

Social

20
Percentage of female employees
Percentage of women in management
Percentage of Asian employees
Share of Asian management
Percentage of Hispanic/Latino employees
Hispano/Latino Management share
Percentage of Black employees
Black Management Share
Percentage of white employees
White Management Share
Adult content
Alcohol
Weapons
Firearms
Gambling
Military contracts
Human rights concept
Privacy concept
Occupational health and safety
Catholic
G

Governance (Corporate Governance)

4
Environmental reporting
Stakeholder Engagement
Call Back Policies
Antitrust law

The Eulerpool ESG Scorecard© is the strictly copyrighted intellectual property of Eulerpool Research Systems. Any unauthorized use, imitation, or infringement will be actively pursued and may lead to significant legal consequences. For licenses, collaborations, or usage rights, please contact us directly via our contact form. Contact Form to us.

Danaher shareholder structure

% Name
7.21137%
BLACKROCK, INC.
BLACKROCK, INC.
5.74331%
VANGUARD CAPITAL MANAGEMENT LLC
VANGUARD CAPITAL MANAGEMENT LLC
3.89529%
STATE STREET CORP
STATE STREET CORP
3.14681%
FMR LLC
FMR LLC
2.36247%
JPMORGAN CHASE & CO
JPMORGAN CHASE & CO
2.14396%
PRICE T ROWE ASSOCIATES INC /MD/
PRICE T ROWE ASSOCIATES INC /MD/
...

Danaher Beneficial Ownership Filings (SEC 13D/G)

Free Float
89.0%
Float Shares
-
Shares Outstanding
-
StakeHolderFiling
22.80%
DH Technologies Development Pte Ltd.
DH Technologies Development Pte Ltd.
SEC ↗
22.80%
DH Holdings Corp.
DH Holdings Corp.
SEC ↗
10.10%
Steven M. Rales
Steven M. Rales
SEC ↗
7.80%
Danaher Corporation
Danaher Corporation
SEC ↗
7.65%
04-2507163)
04-2507163)
SEC ↗
6.99%
The Vanguard Group - 23-1945930
The Vanguard Group - 23-1945930
SEC ↗
6.69%
Vanguard Capital Management
Vanguard Capital Management
SEC ↗
6.40%
(1) BlackRock, Inc.
(1) BlackRock, Inc.
SEC ↗
6.15%
FMR LLC
FMR LLC
SEC ↗
6.15%
Edward C. Johnson 3d
Edward C. Johnson 3d
SEC ↗

Danaher Executives and Management Board

24 members · avg. age 59 · 21 % women

RB

Mr. Rainer Blair (60)

President, Chief Executive Officer, Director · since 2014

22.11 M USD

Management

JG

Dr. Jose-Carlos Gutierrez-Ramos (62)

Senior Vice President, Chief Science Officer

7.50 M USD
MM

Mr. Matthew Mcgrew (53)

Chief Financial Officer, Executive Vice President

7.47 M USD
GC

Ms. Georgeann Couchara (48)

Senior Vice President - Human Resources

5.34 M USD
BE

Mr. Brian Ellis (59)

Senior Vice President

4.96 M USD
GM

Mr. Greg Milosevich

Executive Vice President

CR

Mr. Christopher Riley (51)

Executive Vice President

Board of Directors

LF

Ms. Linda Hefner Filler (65)

Lead Independent Director

391,477.00 USD
JS

Mr. John Schwieters (85)

Independent Director

356,477.00 USD
AS

Mr. Alan Spoon (73)

Independent Director

351,477.00 USD
EZ

Dr. Elias Zerhouni (73)

Independent Director

351,477.00 USD
FD

Mr. Feroz Dewan (48)

Independent Director

328,977.00 USD
TL

Ms. Teri List (62)

Independent Director

328,977.00 USD

Danaher Supply Chain

Danaher Supply Chain

Correlation: how closely stock prices move together

Same directionNo relationOpposite
30 companies
#Nameβ 1YTrend
1
Bio-Techne
Customer·Life Sciences Tools & Services·US
0.65
0.84
0.96
0.89
0.83
0.90
1.06
2
OEM International AB (publ)
Supplier
0.64
0.58
0.73
0.78
0.65
0.88
3
Bio-Rad Laboratories A
Supplier·Life Sciences Tools & Services·US
0.89
0.85
0.92
0.92
0.90
0.87
0.91
4
Repligen
Supplier·Life Sciences Tools & Services·US
0.81
0.79
0.78
0.89
0.88
0.80
1.26
5
Fukuda Denshi
Customer·Health Care Equipment & Supplies·JP
0.67
0.34
0.74
0.81
0.72
0.76
0.76
#Nameβ 1YTrend
1
SomaLogic A
Customer·Life Sciences Tools & Services·US
0.92
0.83
0.73
0.84
0.59
2
ON24
Supplier·Software·US
0.91
0.73
0.80
0.81
0.06
3
DKSH Holding AG
Customer
0.85
4
Grupo Pochteca B
Supplier·Trading Companies & Distributors·MX
0.51
-0.43
-0.59
0.50
0.11
0.05
5
Beijing Strong Biotech A
Supplier·Biotechnology·CN
0.53
-0.21
0.71
0.24
-0.03
-0.68

Frequently asked questions about Danaher

Danaher Corp is a multinational conglomerate that operates in the fields of scientific research, diagnostics, dental products, and environmental analysis. The company follows a decentralized business model, consisting of several strategic segments that provide specialized products and services. With a focus on innovation and continuous improvement, Danaher Corp emphasizes the development and growth of its businesses through both organic means and targeted acquisitions. By leveraging their diverse portfolio of brands and technologies, Danaher Corp aims to address critical challenges and deliver valuable solutions to their customers, while driving sustainable growth and generating long-term shareholder value.

Danaher Corp is primarily active in the industrial and healthcare sectors.

The main competitors of Danaher Corp in the market are Thermo Fisher Scientific Inc., Agilent Technologies Inc., and PerkinElmer, Inc.

Danaher Corp, founded in 1969, is a globally recognized company specializing in science and technology solutions. Initially an environmental testing equipment manufacturer, it has since diversified its portfolio into healthcare, industrial, and consumer sectors. With a strong emphasis on innovation, Danaher has continually expanded through strategic acquisitions, fostering growth and enhancing its capabilities. The company's commitment to operational excellence has earned it a reputation for delivering high-quality products and services across its various business segments. Over the years, Danaher Corp has established itself as a leading force in the global market, driving advancements in diagnostics, life sciences, dental care, and water quality.

Danaher Corp has achieved several significant milestones throughout its history. The company's successful acquisition of various businesses and subsequent integration has greatly expanded its product portfolio and global presence. In 1984, Danaher implemented the highly regarded Danaher Business System (DBS), a continuous improvement methodology that has driven operational excellence across its businesses. In 2016, the company completed the acquisition of Pall Corporation, a global leader in filtration, separation, and purification technologies, further strengthening its position in the life sciences and diagnostics market. The following year, Danaher completed the spin-off of its industrial business into Fortive Corporation, allowing both entities to focus on their respective growth opportunities. These milestones reflect Danaher Corp's commitment to strategic growth and delivering value to its shareholders.

Danaher Corp is primarily present in multiple countries and regions worldwide. As a multinational conglomerate, the company has a wide geographic footprint. Danaher Corp operates across various countries, including the United States, Canada, Mexico, Brazil, Argentina, Chile, Germany, France, the United Kingdom, Spain, Italy, Russia, China, Japan, India, Australia, and many more. With its global presence, Danaher Corp has established itself as a leading player in multiple industries, including life sciences, diagnostics, dental, and environmental and applied solutions.

Danaher Corp is a leading global science and technology innovator committed to improving the quality of life. The company's corporate philosophy revolves around continuous improvement and leveraging their strong portfolio of businesses to drive growth and create long-term value for shareholders. With a focus on innovation, Danaher Corp places high importance on developing cutting-edge solutions across various industries, including diagnostics, life sciences, dental, environmental, and industrial markets. By emphasizing customer-centricity and operational excellence, Danaher Corp aims to provide superior products and services that address critical challenges and improve outcomes for customers worldwide.

Analysts currently set an average price target of 268.83 USD for the Danaher stock (median: 272.85 USD), implying +30.6 % versus the latest price. The consensus is based on 31 analyst ratings.

31 analysts currently rate the Danaher stock: 27 recommend buying, 4 holding and 0 selling. For 2026, analysts expect Danaher to generate revenue of 26.12 B USD and earnings per share of 8.54 USD.

Converted at the current exchange rate, the Danaher share trades at 176.38 EUR (203.40 USD).

The Danaher share (DHR) is listed on 10 stock exchanges, including: NYSE (DHR), XETRA (DAP.DE), Frankfurt (DAP.F), München (DAP.MU), Düsseldorf (DAP.DU), London (0R2B.L), London (0R2B.L), SIX (Zürich) (DHR.SW).

The Danaher Corporation is a diversified business model with a portfolio of strategically aligned business sectors. The company develops, manufactures, and sells a variety of precision instruments and systems, as well as products and services for various applications in healthcare, environment, industry, and technology research. The key business sectors include Life Sciences, Diagnostics, Dental, Environmental & Applied Solutions, Agilent Technologies, and Pall Corporation. These divisions offer a wide range of products and services, such as medical diagnostic systems, dental instruments, environmental and water analysis devices, laboratory technologies, tools and materials for electronics manufacturing, as well as consumables and accessories for the life sciences field. Danaher also has a broad range of brands, including Cepheid, Leica Microsystems, Beckman Coulter, Hach, Esko, KaVo Kerr, ChemTreat, IDBS, Keithley, and Tektronix. These brands are leaders in their respective industries, with strong market positions and established customer bases. An important part of Danaher's business model is its management system, based on the Danaher Business System (DBS). This is a process of continuous improvement that enhances the company's efficiency and productivity. DBS is a combination of Lean Manufacturing, Six Sigma, and other innovation techniques, and has proven successful in streamlining business processes, reducing costs, and improving overall company performance. The company also has a strong global presence, with an extensive network of sales and service centers in North America, Europe, Asia, and other regions worldwide. Danaher generates a significant portion of its revenue outside the US and benefits from growing demand in emerging markets. The company also invests in research and development to develop innovative products and solutions that meet the needs of its customers. Overall, Danaher's business model is well-positioned for success in various industries and on a global scale, thanks to its diversified product range, brands, and management process. The company has proven itself by providing tailored solutions to meet its customers' needs and consistently executing its growth strategies.

The expected revenue of Danaher is 26.12 B USD. This figure is based on current financial data and reflects the company's business performance.

The expected profit of Danaher is 6.07 B USD. The net profit reflects the company's profitability after deducting all expenses.

The price-to-earnings ratio (P/E) of Danaher is currently 23.81. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the Danaher stock.

The price-to-sales ratio (P/S) of Danaher is currently 5.54. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the Danaher stock.

The Eulerpool Quality Score for Danaher is 5/10.

The ISIN of Danaher is US2358511028. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.

The WKN of Danaher is 866197. The WKN (Wertpapierkennnummer) is a six-digit German security identification number.

The ticker of Danaher is DHR. The ticker symbol is used to trade Danaher shares on the stock exchange.

Over the past 12 months, Danaher paid a dividend of 1.28 USD . This corresponds to a dividend yield of about 0.63 %. For the coming 12 months, Danaher is expected to pay a dividend of 1.80 USD.

The current dividend yield of Danaher is 0.63 %.

Danaher pays a dividend, distributed in the months of , , , .

Danaher paid dividends every year for the past 33 years.

For the upcoming 12 months, dividends amounting to 1.80 USD are expected. This corresponds to a dividend yield of 0.87 %.

Danaher is assigned to the 'Health' sector.

In the year 2025, Danaher distributed 1.08 USD as dividends.

The dividends of Danaher are distributed in USD.

All fundamentals and in-depth analysis of Danaher

Our stock analysis for Danaher stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Danaher. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.