DHR
Danaher Corp /De/Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 | FY2009 | FY2008 | FY2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $24.78B | $24.57B | $23.88B | $23.89B | $26.64B | $24.8B | $22.28B | $17.91B | $19.89B | $18.33B | $16.88B | $14.43B | $12.87B | $18.28B | $18.26B | $16.09B | $12.55B | $10.52B | $12.26B | $11.03B | |
| $10.18B | $10.05B | $9.67B | $9.86B | $10.46B | $9.56B | $9.81B | $7.93B | $7.54B | $6.95B | $7.55B | $6.66B | $6.02B | $8.94B | $8.85B | $7.91B | $6.15B | $5.45B | $6.48B | $5.99B | |
| $14.6B | $14.52B | $14.21B | $14.03B | $16.19B | $15.24B | $12.48B | $9.98B | $9.51B | $8.57B | $9.33B | $7.77B | $6.85B | $9.34B | $9.41B | $8.18B | $6.4B | $5.07B | $5.79B | — | |
| — | 59.11% | 59.5% | 58.74% | 60.76% | 61.44% | 55.98% | 55.74% | 47.78% | 46.76% | 55.29% | 53.84% | 53.23% | 51.1% | 51.56% | 50.82% | 51.03% | 48.21% | 47.2% | — | |
| $1.61B | $1.6B | $1.58B | $1.5B | $1.53B | $1.5B | $1.35B | $1.13B | $1.06B | $956.4M | $975.1M | $861.4M | $769.4M | $1.1B | $1.14B | $1.02B | $774M | $600.27M | $696.03M | $601.42M | |
| $8.24B | $8.24B | $7.76B | $7.33B | $7.12B | $6.82B | $6.9B | $5.59B | $5.39B | $5.04B | $5.62B | $4.75B | $4.04B | $5.12B | $5.18B | $4.61B | $3.6B | $3.12B | $3.3B | $2.71B | |
| $1.72B | $1.7B | $1.63B | $1.49B | $1.43B | $1.39B | $1.14B | $625M | $616M | $579M | $583M | $397M | $269M | $339M | $342M | $284M | $199M | $156M | $145M | — | |
| — | — | — | $2.17B | $2.13B | $2.06B | $1.78B | $1.19B | $1.18B | $1.12B | $1.13B | $880.8M | $718.1M | $850.6M | $839.8M | $635M | $388.3M | $331.8M | $332.6M | — | |
| — | — | — | — | — | — | — | — | $70M | $159.1M | $152.4M | $97.5M | $102.3M | — | — | — | — | $46M | — | — | |
| $10.01B | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | $9.64B | $10.83B | $9.29B | |
| $4.76B | $4.69B | $4.86B | $5.2B | $7.54B | $6.38B | $4.23B | $3.27B | $3.06B | $2.57B | $2.74B | $2.16B | $2.05B | $3.12B | $3.17B | $2.62B | $2.05B | $1.44B | $1.79B | $1.74B | |
| — | 19.09% | 20.37% | 21.77% | 28.29% | 25.71% | 18.99% | 18.25% | 15.36% | 14.03% | 16.2% | 14.98% | 15.89% | 17.07% | 17.33% | 16.27% | 16.33% | 13.69% | 14.58% | 15.79% | |
| — | — | — | $7.37B | $9.67B | $8.44B | $6.01B | $4.46B | $4.23B | $3.69B | $3.86B | $3.04B | $2.76B | $3.97B | $4B | $3.25B | $2.44B | $1.77B | $2.12B | — | |
| $256M | $265M | $278M | $286M | $204M | $231M | $275M | $108M | $137M | $140.1M | $184.4M | $139.8M | $94.7M | $141.2M | $157.5M | $141.6M | $117.1M | $118.65M | $126.47M | $109.7M | |
| $51M | $30M | $117M | $303M | $41M | $11M | $71M | $139M | $9M | $7.5M | $200K | $4.6M | $13.3M | $5.7M | $3.2M | $5.1M | $6.1M | $5.03M | $10M | $6.09M | |
| -$216M | -$222M | -$56M | -$175M | -$227M | $450M | $494M | $12M | $35M | — | — | — | — | — | — | — | — | — | — | — | |
| — | — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | $69.9M | $66.8M | $22.8M | — | — | — | |
| -$235M | -$248M | -$57M | -$182M | -$271M | $401M | $18M | $0 | — | — | — | — | — | — | — | — | — | — | — | — | |
| $4.34B | $4.23B | $4.65B | $5.04B | $7.15B | $6.51B | $4.5B | $3.31B | $2.96B | $2.54B | $2.61B | $2.04B | $2.09B | $3.42B | $3.01B | $2.45B | $2.23B | $1.33B | $1.67B | $1.64B | |
| $664M | $633M | $747M | $823M | $818M | $1.06B | $849M | $873M | $556M | $371M | $457.9M | $292.7M | $447.5M | $825.7M | $711.5M | $512.5M | $511.4M | $239.02M | $404.5M | $423.1M | |
| $3.69B | $3.61B | $3.9B | $4.76B | $7.21B | $6.43B | $3.65B | $3.01B | $2.65B | $2.49B | $2.55B | $3.36B | $2.6B | $2.7B | $2.39B | $2.17B | $1.79B | $1.15B | $1.32B | $1.37B | |
| — | 14.71% | 16.33% | 19.94% | 27.06% | 25.94% | 16.36% | 16.79% | 13.33% | 13.6% | 15.13% | 23.26% | 20.19% | 14.74% | 13.1% | 13.5% | 14.29% | 10.95% | 10.75% | 12.42% | |
| — | $3.61B | $3.9B | $4.74B | $7.1B | $6.27B | $3.51B | $2.94B | $2.65B | $2.49B | — | — | — | — | — | — | $1.75B | $1.11B | $1.27B | — | |
| $4.71B | $6.63B | $2.43B | $4.91B | $5.36B | $5.77B | $6.35B | $2.73B | $2.01B | $3.52B | $1.86B | $2.48B | $950.2M | $2.97B | $2.37B | $1.79B | $1.79B | — | — | — | |
| USD/shares | — | $5.07 | $5.33 | $6.44 | $9.80 | $8.77 | $4.41 | $3.64 | $3.35 | $3.17 | $3.27 | $4.26 | $3.28 | $3.43 | $3.06 | $2.85 | $2.43 | $1.60 | $1.83 | $3.90 |
| USD/shares | — | $5.05 | $5.29 | $6.38 | $9.66 | $8.61 | $4.34 | $3.59 | $3.32 | $3.13 | $3.24 | $4.20 | $3.22 | $3.37 | $2.98 | $2.76 | $2.34 | $1.53 | $1.76 | $3.71 |
| shares | — | 712.7M | 731M | 736.5M | 725.1M | 714.6M | 796.59M | 806.52M | 790.28M | 784.86M | 779.67M | 787.46M | 792.08M | 785.09M | 782.16M | 762.75M | 736.81M | 723.65M | 720.48M | 351.06M |
| shares | — | 716.1M | 737.2M | 743.1M | 737.1M | 736.8M | 810.69M | 818.36M | 801.11M | 796.48M | 789.37M | 799.19M | 807.76M | 802.01M | 804.38M | 790.95M | 770.76M | 757.43M | 757.71M | 371.63M |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2007–FY2025: $9.91B in buybacks, $7.33B in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Diagnostics Segment | $9,941,000,000 | $9,787,000,000 | $9,577,000,000 | — | — | — | — | — |
| Life Sciences Segment | $7,334,000,000 | $7,329,000,000 | $7,141,000,000 | — | — | — | — | — |
| Biotechnology Segment | $7,293,000,000 | $6,759,000,000 | $7,172,000,000 | — | — | — | — | — |
| Biotechnology | — | — | — | $8,758,000,000 | $8,570,000,000 | $5,276,000,000 | — | — |
| Diagnostics | — | — | — | $10,849,000,000 | $9,844,000,000 | $7,403,000,000 | $6,561,000,000 | $6,258,000,000 |
| Environmental Applied Solutions | — | — | — | — | — | $4,305,000,000 | $4,399,000,000 | $4,320,000,000 |
| Life Sciences | — | — | — | $7,036,000,000 | $6,388,000,000 | $5,300,000,000 | $6,951,000,000 | $6,471,000,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| North America | $10,356,000,000 | $10,295,000,000 | $9,961,000,000 | $11,730,000,000 | $9,798,000,000 | $9,011,000,000 | $7,012,000,000 | $6,470,000,000 |
| High Growth Markets | $7,022,000,000 | $6,870,000,000 | $7,191,000,000 | $7,709,000,000 | — | — | — | — |
| Western Europe | $5,938,000,000 | $5,457,000,000 | $5,468,000,000 | $5,859,000,000 | $5,877,000,000 | $5,323,000,000 | $4,057,000,000 | $4,061,000,000 |
| Other Developed Markets | $1,252,000,000 | $1,253,000,000 | $1,270,000,000 | $1,345,000,000 | — | — | — | — |
| High Growth Markets | — | — | — | — | $7,770,000,000 | $6,651,000,000 | $5,730,000,000 | $5,443,000,000 |
| Other Developed Markets | — | — | — | — | $1,357,000,000 | $1,299,000,000 | $1,112,000,000 | $1,075,000,000 |
By Product & Service (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Contract with Customer Measurement Recurring | $20,127,000,000 | $19,366,000,000 | $18,682,000,000 | $20,876,000,000 | $19,135,000,000 | — | — | — |
| Revenue from Contract with Customer Measurement Nonrecurring | $4,441,000,000 | $4,509,000,000 | $5,208,000,000 | $5,767,000,000 | $5,667,000,000 | — | — | — |
| Analytical and Physical Instrumentation | — | — | — | — | — | $2,443,000,000 | $2,464,000,000 | $2,437,000,000 |
| Product Identification | — | — | — | — | — | $1,862,000,000 | $1,935,000,000 | $1,926,000,000 |
| Research and Medical Products | — | — | — | — | — | $17,979,000,000 | $13,512,000,000 | $12,686,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Diagnostics Segment | $2,650,000,000 | $2,625,000,000 | $2,406,000,000 | — | — | — | — | — |
| Biotechnology Segment | $1,864,000,000 | $1,685,000,000 | $1,909,000,000 | — | — | — | — | — |
| Life Sciences Segment | $520,000,000 | $879,000,000 | $1,209,000,000 | — | — | — | — | — |
| Biotechnology | — | $1,685,000,000 | $1,909,000,000 | $3,008,000,000 | $3,074,000,000 | $1,082,000,000 | — | — |
| Diagnostics | — | $2,625,000,000 | $2,406,000,000 | $3,436,000,000 | $2,313,000,000 | $1,538,000,000 | $1,134,000,000 | $1,074,000,000 |
| Environmental Applied Solutions | — | — | — | $1,135,000,000 | $1,054,000,000 | $979,000,000 | $1,052,000,000 | $988,000,000 |
| Life Sciences | — | $879,000,000 | $1,209,000,000 | $1,414,000,000 | $1,293,000,000 | $972,000,000 | $1,401,000,000 | $1,229,000,000 |
Operating Margin by Segment (%)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Diagnostics Segment | 26.7% | 26.8% | 25.1% | — | — | — | — | — |
| Life Sciences Segment | 7.1% | 12% | 16.9% | — | — | — | — | — |
| Biotechnology Segment | 25.6% | 24.9% | 26.6% | — | — | — | — | — |
| Biotechnology | — | — | — | 34.3% | 35.9% | 20.5% | — | — |
| Diagnostics | — | — | — | 31.7% | 23.5% | 20.8% | 17.3% | 17.2% |
| Environmental Applied Solutions | — | — | — | — | — | 22.7% | 23.9% | 22.9% |
| Life Sciences | — | — | — | 20.1% | 20.2% | 18.3% | 20.2% | 19% |