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.

Danaher DHR Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	238%+1.5pp	236.5%+5.0pp	231.5%+4.9pp	226.6%-12.1pp
Operating margin	76.7%-6.0pp	82.8%-15.3pp	98%-10.8pp	108.8%+11.2pp
Net margin	59.2%-9.9pp	69.1%-26.2pp	95.3%-14.2pp	109.5%+22.4pp
EBITDA margin	116.5%-4.8pp	121.3%-10.6pp	131.8%-12.0pp	143.9%+14.9pp
Free cash flow margin	82.9%-5.2pp	88.1%-20.7pp	108.8%-9.3pp	118.1%+12.9pp
Returns
Return on equity	27.8%-3.9pp	31.7%-16.3pp	48.1%-11.1pp	59.1%+2.0pp
Return on assets	17.7%-2.1pp	19.8%-8.6pp	28.4%-4.5pp	32.9%+3.2pp
Return on invested capital	23.4%-2.2pp	25.6%-11.3pp	36.9%-0.5pp	37.4%+1.0pp
Efficiency
Asset turnover	1.2×+0.1×	1.1×0.0×	1.2×0.0×	1.2×-0.2×
Inventory turnover	15.2×+1.3×	13.9×+1.5×	12.3×-2.0×	14.4×-2.2×
Liquidity
Current ratio	6.4×+0.4×	6×-1.9×	7.9×+0.8×	7.1×-0.1×
Quick ratio	4.9×+0.3×	4.6×-1.9×	6.5×+1.0×	5.5×-0.2×
Cash ratio	1.7×-0.3×	1.9×-2.0×	3.9×+1.5×	2.4×-0.3×
Leverage
Debt-to-equity	1.4×0.0×	1.4×-0.2×	1.6×-0.2×	1.8×-0.3×
Debt-to-assets	0.9×0.0×	0.9×-0.1×	1×0.0×	1×-0.1×
Net debt / EBITDA	8.9×+0.7×	8.3×+2.1×	6.2×-1.4×	7.6×-0.9×
Interest coverage	66.8×-1.6×	68.4×-33.3×	101.7×-25.4×	127.1×+28.2×
Per Share
Book value per share	$288.24+4.4%	$276.13-1.9%	$281.51+9.2%	$257.81+10.1%
Valuation
Market capitalization	$591.65B-19.7%	$736.37B+3.0%	$714.99B-7.8%	$775.43B-3.7%
Enterprise value	$654.57B-17.7%	$795.7B+3.9%	$765.5B-9.0%	$841.49B-4.1%
Price / earnings	165.6×-14.5×	180.1×+58.6×	121.5×+5.3×	116.2×-25.3×
Price / sales	24.5×-6.6×	31×+2.4×	28.6×-3.1×	31.8×+0.9×
Price / book	11.4×-3.0×	14.4×+0.7×	13.7×-2.7×	16.3×-2.3×
EV / EBITDA	93×-17.7×	110.6×+17.4×	93.2×-2.8×	96×-7.9×
EV / sales	27.1×-6.5×	33.5×+2.9×	30.6×-3.8×	34.5×+0.8×
Free cash flow yield	13.6%+2.1pp	11.4%-3.8pp	15.2%+0.3pp	14.9%+1.1pp
Earnings yield	9.7%+0.7pp	8.9%-4.4pp	13.3%-0.5pp	13.8%+2.5pp
Dividend yield	2.3%+0.6pp	1.7%-0.2pp	1.9%+0.2pp	1.6%+0.2pp

Chart any of these lines over time, or line them up against competitors.

Compare these in charts →

Ask your AI about Danaher.

Connect your AI assistant and get a quick read on the numbers, right in your chat.

Connect your AI

Claude

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.