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Danaher DHR Price / book

Price / book at other companies

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Becton, Dickinson and CompanyBDX
1.9×-0.8×
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1.1×+0.1×
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17.5×+13.5×
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Donaldson CompanyDCI
+0.7×
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DoverDOV
3.9×+0.6×
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RevvityRVTY
1.4×-0.3×

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
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

Calculated from Danaher’s reported figures.

Based on the most recent quarter.

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 price / book?
Danaher (DHR) reported price / book of 2.6× in Q2 2026.
How has Danaher's price / book changed year-over-year?
Danaher's price / book decreased by 5.1% year-over-year, from 2.7× to 2.6×.
What is the long-term trend for Danaher's price / book?
Over 5 years (2020 to 2025), Danaher's price / book has grown at a -5.1% compound annual growth rate (CAGR), from 4× to 3.1×.
What does price / book mean?
Market capitalization at the quarter end divided by shareholders' equity. The premium (or discount) the market assigns to the company's book equity.

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