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Danaher DHR Quick ratio

Quick ratio at other companies

Becton, Dickinson and Company logo
Becton, Dickinson and CompanyBDX
0.5×-0.1×
GLW
CorningGLW
1.1×0.0×
Dover logo
DoverDOV
1.3×-0.2×
Thermo Fisher Scientific logo
Thermo Fisher ScientificTMO
1.2×-0.2×
IDEX logo
IDEXIEX
2.4×+0.4×
WAT
Waters CorporationWAT
1.1×-0.1×

Other financials

Income statement

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Revenue$6.0B+3.7%
Gross profit$3.6B+2.3%
Operating income$1.3B+5.5%
Net income$1.0B+7.9%
EPS (diluted)$1.45+9.9%

Balance sheet

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Cash & equivalents$5.7B+186%
Total debt$19.7B+12.0%
Total equity$52.9B+4.1%
Total assets$83.5B+5.6%

Cash flow

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Operating cash flow$1.3B+1.8%
CapEx$237.0M-3.3%
Free cash flow$1.1B+2.9%

Valuation

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Market cap$125.81B-8.5%
Enterprise value$139.8B-8.7%
P/E34.1×-2.4×
P/S5.1×-0.7×

Profitability

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Gross margin58.9%-0.8pp
Operating margin19.2%-1.0pp
Net margin14.9%-0.9pp

Returns & leverage

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Return on equity7.1%-0.1pp
Debt / equity0.4×0.0×
Current ratio1.9×+0.4×

Where this comes from

Calculated from Danaher’s reported figures.

Based on the most recent quarter.

The official record: Danaher’s 10-Q, filed April 21, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Danaher's quick ratio?
Danaher (DHR) reported quick ratio of 1.5× in Q1 2026.
How has Danaher's quick ratio changed year-over-year?
Danaher's quick ratio increased by 44.3% year-over-year, from 1.1× to 1.5×.
What is the long-term trend for Danaher's quick ratio?
Over 4 years (2021 to 2025), Danaher's quick ratio has grown at a -4.1% compound annual growth rate (CAGR), from 5.8× to 4.9×.
What does quick ratio mean?
Can the company cover short-term bills without having to sell inventory first?
How do you interpret quick ratio?
More conservative than the current ratio. A wide gap between the two flags heavy reliance on inventory to meet near-term obligations.
How does quick ratio compare across companies?
Most informative for inventory-heavy businesses; converges with the current ratio for firms that carry little inventory.