Danaher Corporation

Danaher Corporation

DHRยทNYSE

$178.08

-1.0%
HealthcareMedical - Diagnostics & Research

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment provides mass spectrometers; flow cytometry, genomics, lab automation, centrifugation, particle counting and characterization; microscopes; genomics consumables; and Gene and Cell Therapy. This segment also offers bioprocess technologies, consumables, and services; and filtration, separation, and purification technologies to the pharmaceutical and biopharmaceutical, food and beverage, medical, and life sciences companies, as well as universities, medical schools and research institutions, and various industrial manufacturers. The Diagnostics segment provides chemistry, immunoassay, microbiology, and automation systems, as well as hematology, molecular, acute care, and pathology diagnostics products. This segment offers clinical instruments, reagents, consumables, software, and services for hospitals, physicians' offices, reference laboratories, and other critical care settings. The Environmental & Applied Solutions segment offers instrumentation, consumables, software, services, and disinfection systems to analyze, treat, and manage ultra-pure, potable, industrial, waste, ground, source, and ocean water in residential, commercial, industrial, and natural resource applications. This segment also provides instruments, software, services, and consumables for various color and appearance management, packaging design and quality management, packaging converting, printing, marking, coding, and traceability applications for consumer, pharmaceutical, and industrial products. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia.

At a Glance

Live Snapshot
Market Cap$126.04B
EPS5.0700
P/E Ratio44.80
Earnings Date07/28/2026
Danaher Corporation

Danaher Corporation Fair Value Envelope

DHR ยท NYSE

Our analysis suggests that DHR has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $178.08, this represents a potential HIDDEN relative to our calculated worth for Danaher Corporation.

Intrinsic Value
Current Price: $178.08

Owner Earnings Valuation Tool

Warren Buffett's Owner Earnings DCF analysis for intrinsic value calculation

Historical Financial Data

Base year metrics used for projections

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Projection Settings

Forecast period and terminal assumptions

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DCF Valuation Summary

Calculation flow from present value to intrinsic value per share

Present Value$85.6B
+ Cash & Equivalents$4.6B
Firm Value$90.3B
- Debt$18.4B
Equity Value$71.8B
/ Shares Outstanding716,525,413B
DCF Value$100
OVERVALUED BY 44%

Owner Earnings Projections

Operating Cash Flow - Maintenance CapEx = Owner Earnings

Metric
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Year 7
Year 8
Year 9
Year 10
Operating Cash Flow
$6.4B
$6.3B
$6.3B
$6.2B
$6.2B
$6.2B
$6.1B
$6.1B
$6.0B
$6.0B
Maintenance CapEx
-$229.6M
-$228.1M
-$226.5M
-$225.0M
-$223.4M
-$221.9M
-$220.4M
-$218.9M
-$217.4M
-$216.0M
Owner Earnings
$6.1B
$6.1B
$6.1B
$6.0B
$6.0B
$5.9B
$5.9B
$5.9B
$5.8B
$5.8B
Discount Factor
0.926
0.857
0.794
0.735
0.681
0.630
0.583
0.540
0.500
0.463
Present Value
$5.7B
$5.2B
$4.8B
$4.4B
$4.1B
$3.7B
$3.4B
$3.2B
$2.9B
$2.7B
Terminal Value represents 53.1% of Enterprise Value