Danaher DHR Ratios & Valuation
| TTM Q1 '26 | TTM Q4 '25 | TTM Q3 '25 | TTM Q2 '25 | TTM Q1 '25 | ||
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 237.2%-0.8pp | 238%-0.4pp | 238.4%+0.2pp | 238.3%+0.4pp | 237.9%+1.4pp | |
| Operating margin | 75.7%-1.0pp | 76.7%-1.3pp | 78%-1.1pp | 79.1%-2.8pp | 82%-0.8pp | |
| Net margin | 58.2%-0.9pp | 59.2%-1.6pp | 60.8%-2.0pp | 62.7%-3.6pp | 66.4%-2.7pp | |
| Returns | ||||||
| Return on equity | 27.7%-0.1pp | 27.8%-0.5pp | 28.3%-0.7pp | 29%-1.6pp | 30.6%-1.2pp | |
| Return on invested capital | 23.3%-0.1pp | 23.4%-0.2pp | 23.6%-0.6pp | 24.1%-1.1pp | 25.2%-0.4pp | |
| Efficiency | ||||||
| Asset turnover | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | 1.2×0.0× | |
| Liquidity | ||||||
| Current ratio | 6.9×+0.4× | 6.4×+0.5× | 6×+0.1× | 5.8×+0.2× | 5.6×-0.4× | |
| Leverage | ||||||
| Debt-to-equity | 1.5×0.0× | 1.4×0.0× | 1.4×0.0× | 1.4×0.0× | 1.4×0.0× | |
| Net debt / EBITDA | 8.7×-0.2× | 8.9×0.0× | 8.9×+0.1× | 8.8×+0.1× | 8.7×+0.5× | |
| Per Share | ||||||
| Book value per share | $292.15+1.4% | $288.24+2.2% | $282.08+0.4% | $280.86+2.0% | $275.29-0.3% | |
| Valuation | ||||||
| Market capitalization | $579.17B-2.1% | $591.65B-0.7% | $595.75B-9.0% | $654.58B-6.3% | $698.32B-5.2% | |
| Price / earnings | 163×-2.6× | 165.6×+2.2× | 163.4×-11.1× | 174.5×-2.6× | 177.1×-3.0× | |
| Price / sales | 23.7×-0.7× | 24.5×-0.4× | 24.8×-2.6× | 27.4×-2.0× | 29.4×-1.6× | |
| Price / book | 11.1×-0.4× | 11.4×-0.3× | 11.7×-1.1× | 12.8×-1.0× | 13.9×-0.6× | |
| EV / EBITDA | 90.8×-2.1× | 93×-0.3× | 93.3×-8.1× | 101.3×-4.6× | 105.9×-4.7× | |
| Dividend yield | 2.4%+0.1pp | 2.3%+0.1pp | 2.2%+0.2pp | 2%+0.2pp | 1.8%+0.1pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- What are Danaher's profit margins?
- Danaher (DHR) runs a 58.9% gross margin and a 19.2% operating margin, with a 14.9% net margin.
- Where do Danaher's ratios come from?
- Every ratio is computed from Danaher's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.
