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Danaher DHR Life Sciences, Biotechnology and Diagnostics Segment — Impairment Charges

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Other financials

Income statement

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Revenue$6.3B+5.5%
Gross profit$3.6B+2.5%
Operating income$1.1B+48.3%
Net income$870.0M+56.8%
EPS (diluted)$1.23+59.7%

Balance sheet

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Cash & equivalents$4.3B+47.0%
Total debt$27.9B+50.1%
Total equity$52.6B+0.5%
Total assets$92.4B+13.2%

Cash flow

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Operating cash flow$1.5B+14.6%
CapEx$269.0M+8.5%
Free cash flow$1.3B+16.1%

Valuation

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Market cap$137.07B-1.8%
Enterprise value$160.58B+3.4%
P/E34.2×-6.7×
P/S5.5×-0.4×

Profitability

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Gross margin58.5%-1.1pp
Operating margin20.4%+2.0pp
Net margin15.9%+1.7pp
FCF margin21.8%+1.5pp

Returns & leverage

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Return on equity7.6%+1.0pp
Debt / equity0.5×+0.2×
Current ratio1.7×0.0×

Where this comes from

Reported directly by Danaher in its filing.

Tagged under the XBRL concept us-gaap:AssetImpairmentCharges.

The source filing: Danaher’s 10-K, filed February 24, 2026.

Filed
Feb 24, 2026, 4:36 PM EST
Fiscal year
FY2025
Accession
0000313616-26-000062

Additionally, during 2025, the Company identified impairment triggers for certain long-lived technology assets, a trade name and other assets in the Biotechnology, Life Sciences and Diagnostics segments. During the year ended December 31, 2025, the Company recorded impairment charges of $130 million related to these long-lived assets. During 2024, the Company identified impairment triggers for a trade name in the Diagnostics segment and recorded an impairment charge of $43 million in the year ended December 31, 2024. The Company identified impairment triggers in 2023 in the Diagnostics and Biotechnology segments which resulted in impairment charges for certain long-lived assets, including technology and other assets totaling $77 million. The 2025, 2024 and 2023 impairment charges were recorded in SG&A expenses in the accompanying Consolidated Statements of Earnings, except for $29 million and $14 million in 2025 and 2023, respectively, which were recorded in cost of sales in the accompanying Consolidated Statements of Earnings.

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Danaher's life sciences, biotechnology and diagnostics segment — impairment charges?
Danaher (DHR) reported life sciences, biotechnology and diagnostics segment — impairment charges of $32.5M in Q4 2025.
What does life sciences, biotechnology and diagnostics segment — impairment charges mean?
This metric represents the non-cash expense recognized when the carrying value of long-lived assets, such as goodwill, intangible assets, or property, plant, and equipment, within the life sciences and diagnostics segment exceeds their fair market value. It serves as a critical indicator of potential overvaluation of past acquisitions or a decline in the long-term economic viability of specific product lines or technologies within the segment. Monitoring these charges helps investors assess the quality of capital allocation and the accuracy of historical investment valuations.

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