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Danaher DHR Net margin

Net margin at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
5.3%-2.1pp
Bio-Rad Laboratories logo
Bio-Rad LaboratoriesBIO
6.5%+3.4pp
GLW
CorningGLW
11.2%+5.2pp
Donaldson Company logo
Donaldson CompanyDCI
11.5%+1.6pp
Dover logo
DoverDOV
13.5%-15.8pp
Revvity logo
RevvityRVTY
8.3%-2.1pp

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-3.1%
Enterprise value$160.58B+2.3%
P/E34.2×-7.2×
P/S5.5×-0.4×

Profitability

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Gross margin58.5%-1.1pp
Operating margin20.4%+2.0pp
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

Calculated from Danaher’s reported figures.

Based on trailing twelve months.

The source filing: Danaher’s 10-Q, filed July 21, 2026. Open the filing →

Filed
Jul 20, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000313616-26-000161

FAQ

What is Danaher's net margin?
Danaher (DHR) reported net margin of 15.9% in Q2 2026.
How has Danaher's net margin changed year-over-year?
Danaher's net margin increased by 12.2% year-over-year, from 14.2% to 15.9%.
What is the long-term trend for Danaher's net margin?
Over 5 years (2020 to 2025), Danaher's net margin has grown at a -2.1% compound annual growth rate (CAGR), from 16.4% to 14.7%.
What does net margin mean?
Net income as a percentage of revenue (trailing twelve months). The bottom-line profitability measure after all costs, interest, and taxes.

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