Danaher Corporation (DHR) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
In 1984, Danaher's founders transformed a real estate organization into an industrial-focused manufacturing company. Then, through a series of mergers, acquisitions, and divestitures, Danaher now f...
Danaher Corporation's revenue increased 2.9% year over year, from $23.88B to $24.57B.
Net income decreased 7.3% over the same period, from $3.90B to $3.61B.
Over the 9-year period from FY2016 to FY2025, revenue grew by 46% in total.
Total debt increased by 15.1% to $18.42B.
The debt-to-equity ratio stands at 0.35, indicating a moderate leverage profile.
Operating cash flow declined 4.1% to $6.42B.
Danaher Corporation maintains a healthy net profit margin of 14.7%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $5.80B+1.0% | $818.0M | $3.40B | $958.0M | $1.51B | $80.61B | $17.52B | $51.30B |
| Q4 FY2024 | $6.54B+12.8% | $1.09B | $3.89B | $1.43B | $2.02B | $77.54B | $16.00B | $49.54B |
| Q1 FY2025 | $5.74B-12.2% | $954.0M | $3.51B | $1.27B | $1.30B | $79.12B | $16.48B | $50.85B |
| Q2 FY2025 | $5.94B+3.4% | $555.0M | $3.52B | $760.0M | $1.34B | $81.62B | $17.36B | $52.33B |
| Q3 FY2025 | $6.05B+2.0% | $908.0M | $3.52B | $1.15B | $1.66B | $79.90B | $16.86B | $51.07B |
| Q4 FY2025 | $6.84B+13.0% | $1.20B | $3.97B | $1.50B | $2.12B | $83.46B | $18.42B | $52.53B |
| Q1 FY2026 | $5.95B-13.0% | $1.03B | $3.59B | $1.34B | $1.32B | $83.54B | $19.68B | $52.96B |
| Q2 FY2026 | $6.26B+5.3% | $870.0M | $3.61B | $1.13B | $1.53B | $92.37B | $27.86B | $52.59B |
Balance Sheet Summary (Q2 FY2026)
Danaher Corporation (DHR) Financial Statements & Revenue History
Danaher Corporation (DHR) is a US-listed stock operating in the Healthcare sector, specifically the Diagnostics & Research industry trading at $229.04 with a market capitalization of $161. This page provides 42 historical financial statements for Danaher Corporation, including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, Danaher Corporation reported revenue of $24.6 billion, representing 2.9% year-over-year growth. The net profit margin of 14.7% indicates moderate profitability. The debt-to-equity ratio of 0.35 shows conservative leverage.
DHR Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows Danaher Corporation's revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether DHR is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track DHR's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently Danaher Corporation converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of DHR's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use DHR Financial Data
Investors use Danaher Corporation's financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare DHR's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how DHR's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View DHR's financial health score, earnings, and pre-market pricing.
Financial data is sourced from Danaher Corporation's SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.DHR trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.