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
3Y-25.0%
5Y+3.0%
10Y+82.0%
3Y-46.0%
5Y-94.0%
10Y-77.0%
3Y+15.0%
5Y-394.0%
10Y-245.0%
DHR

Danaher Corporation Cash Conversion Engine

DHR ยท NYSE
Net Income3.61B
Depreciation & Amortization2.45B
Stock-Based Compensation298.00M
Change in Working Capital-710.00M
Others1.21B
Capital Expenditures-1.16B
Free Cash Flow5.26B

Cash Flow Quality Analysis

FCF Conversion Rate

145.5%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

18.0%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

-0.7%

Flat FCF growth. Stable but not expandingโ€”monitor for signs of business maturity or temporary headwinds.

Working Capital Impact

-$710.00M

Minimal working capital impact on FCF. Changes in operating assets and liabilities well-managed.

Cash Flow Quality Insight

Asset-light with strong cash conversion: Low capital requirements combined with efficient cash generation creates significant shareholder value through dividends, buybacks, or strategic investments.

Danaher Corporation Cash Flow Statement

DHR โ€ข NYSE

Danaher Corporation Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
3.6B
3.9B
4.2B
7.2B
6.3B
3.6B
2.4B
2.7B
2.5B
2.2B
2.6B
2.6B
2.7B
2.3B
1.9B
1.8B
1.2B
1.3B
1.4B
1.1B
2.4B
2.4B
2.2B
2.2B
2.2B
1.8B
1.2B
1.3B
1.2B
1.1B
1.1B
938.5M
895M
839.8M
634.9M
397.1M
341.6M
339.3M
268.5M
217.2M
-440M
0.0
0.0
-559M
-318M
-462M
-415.2M
-195.1M
-426.9M
-383.9M
-151.3M
177.3M
254.6M
184.9M
271.4B
0.0
0.0
-27.7M
29.9M
24.2M
298M
288M
306M
295M
184M
187M
158.8M
151.4M
139.4M
129.8M
139M
121.1M
117.7M
109.9M
95.6M
88.1M
87.4M
86M
0.0
0.0
1.2B
-117M
864M
830M
601M
457M
709.4M
197.2M
410.2M
773.6M
112.7M
-333.8M
-619.3M
-297.4M
-271.5B
-313.8M
-84.7M
27.7M
-136.1M
67.2M
-710M
266M
-393M
-1.5B
-658M
605M
-123.2M
-90.1M
-353M
-279.2M
51.4M
256.9M
242.3M
278.5M
84.6M
120M
304.9M
116.1M
113.6M
116.7M
6.4B
6.7B
7.2B
8.5B
8.4B
6.2B
4B
4B
3.5B
3.5B
3.8B
3.8B
3.6B
3.4B
2.6B
2.1B
1.8B
1.9B
1.6B
1.5B
INVESTING ACTIVITIES
-1.2B
-1.4B
-1.4B
-1.2B
-1.3B
-791M
-635.5M
-584M
-570.7M
-589.6M
-512.9M
-465.4M
-538.1M
-458.3M
-334.5M
-217.3M
-188.5M
-193.8M
-162.1M
-137.7M
(0.0)
(0.0)
-5.6B
-637M
-10.9B
-20.1B
-331.3M
-2.2B
-385.8M
-4.9B
-14.3B
-3.1B
-249.8M
-1.8B
-6.2B
-2.1B
-703.5M
-423.2M
-3.6B
-2.7B
-127M
-331M
-172M
-523M
-934M
-342M
-241M
-148.9M
(247.9M)
(4.6B)
-87.1M
(2.9B)
-1.4M
(0.0)
(0.0)
(0.0)
-66.8M
(0.0)
-23.2M
(0.0)
240M
253M
61M
18M
126M
13M
-59.2M
22.2M
137.9M
264.8M
43M
253.8M
251.2M
0.0
0.0
0.0
0.0
48.5M
301.3M
98.5M
-153M
-511M
23M
60M
50M
26M
28.9M
-65M
-272.7M
-4.7B
-89M
-3B
-14.4M
367.5M
683.3M
1.6M
15.9M
1.1M
14.8M
-74.1M
-1.2B
-2B
-7.1B
-2.2B
-13B
-21.2B
-1.2B
-2.9B
-843.4M
-5.2B
-15B
-3.4B
-552.5M
-1.9B
-5.8B
-2.3B
-942.9M
-567.4M
-3.4B
-2.8B
FINANCING ACTIVITIES
-3B
-5.8B
68M
31M
86M
1.9B
2.2B
96M
68.8M
164.5M
249M
132.9M
177.4M
-436.4M
1.1B
178.4M
174.2M
8.3M
615.5M
98.4M
1B
-1.7B
-1.6B
-1.7B
2B
-1.9B
13.4B
-442M
-2.7B
2.8B
9.2B
-414.7M
-967.8M
134.4M
1B
-9.4M
274.7M
-1.1B
1.1B
1.1B
-878M
-768M
-821M
-818M
-742M
-615M
-526.7M
-433.4M
-378.3M
-399.8M
-354.1M
-227.7M
-52.1M
-86.4M
-61.3M
-52.2M
-41.7M
-38.3M
-34.3M
-24.6M
-3.1B
-6B
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-648.4M
(0.0)
(0.0)
(0.0)
-74.2M
-117.5M
(0.0)
-125M
-131M
2.1B
-95M
-16M
-29M
-274.7M
-17.6M
-124.2M
-512.3M
-3.3M
424.2M
-763.3M
0.0
2,086.5B
0.0
0.0
0.0
0.0
0.0
-3B
-8.4B
-273M
-2.6B
1.3B
1B
16.4B
-797M
-3.1B
2B
9.1B
-218.2M
-1.6B
-388.4M
2.1B
116.8M
407.2M
-1.1B
1.7B
1.2B
CASH FLOW SUMMARY
278M
-108M
59M
-306M
-115M
148M
45.1M
-118M
130.7M
-148.6M
-115.8M
-205.5M
9.5M
2.7M
36.4M
-1.2M
63.9M
-15.6M
9.1M
5.5M
2.5B
-3.8B
-131M
3.4B
-3.4B
-13.9B
19.1B
157.7M
-333.4M
172.9M
-2.2B
-109.6M
1.4B
1.1B
-1.1B
-88.9M
1.3B
153.7M
-78.7M
2.3M
2.1B
5.9B
6B
2.6B
6B
19.9B
787.8M
630.3M
963.7M
790.8M
3B
3.1B
1.7B
537M
1.6B
1.7B
392.9M
239.1M
317.8M
315.6M
4.6B
2.1B
5.9B
6B
2.6B
6B
19.9B
788M
630.3M
963.7M
790.8M
3B
3.1B
1.7B
537M
1.6B
1.7B
392.9M
239.1M
317.8M
5.3B
5.3B
5.8B
7.4B
7.1B
5.4B
3.3B
3.4B
2.9B
2.9B
3.3B
3.3B
3B
3B
2.3B
1.9B
1.6B
1.7B
1.5B
1.4B

SEC Filings

DHR - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

June 03, 2026
June 03, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 05, 2026
2026
8-K

8-K 2026

N/A

April 29, 2026
April 22, 2026
2026
8-K

8-K 2026

N/A

April 21, 2026
April 21, 2026
2026
10-Q

10-Q 2026 Q1

Q1

April 21, 2026
March 27, 2026
2026
8-K

8-K 2026

N/A

April 17, 2026
April 16, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 25, 2026
May 05, 2026
2026
10-K

10-K 2025 FY

FY

February 24, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 17, 2026
February 16, 2026
2026
8-K

8-K 2026

N/A

February 10, 2026
February 05, 2026
2026
Showing 1 to 10 of 477 filings