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Danaher DHR Ratios & Valuation

FY'25FY'24FY'23FY'22
Profitability
Gross margin238%+1.5pp236.5%+5.0pp231.5%+4.9pp226.6%-12.1pp
Operating margin76.7%-6.0pp82.8%-15.3pp98%-10.8pp108.8%+11.2pp
Net margin59.2%-9.9pp69.1%-26.2pp95.3%-14.2pp109.5%+22.4pp
Returns
Return on equity27.8%-3.9pp31.7%-16.3pp48.1%-11.1pp59.1%+2.0pp
Return on invested capital23.4%-2.2pp25.6%-11.3pp36.9%-0.5pp37.4%+1.0pp
Efficiency
Asset turnover1.2×+0.1×1.1×0.0×1.2×0.0×1.2×-0.2×
Liquidity
Current ratio6.4×+0.4×-1.9×7.9×+0.8×7.1×-0.1×
Leverage
Debt-to-equity1.4×0.0×1.4×-0.2×1.6×-0.2×1.8×-0.3×
Net debt / EBITDA8.9×+0.7×8.3×+2.1×6.2×-1.4×7.6×-0.9×
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%
Price / earnings165.6×-14.5×180.1×+58.6×121.5×+5.3×116.2×-25.3×
Price / sales24.5×-6.6×31×+2.4×28.6×-3.1×31.8×+0.9×
Price / book11.4×-3.0×14.4×+0.7×13.7×-2.7×16.3×-2.3×
EV / EBITDA93×-17.7×110.6×+17.4×93.2×-2.8×96×-7.9×
Dividend yield2.3%+0.6pp1.7%-0.2pp1.9%+0.2pp1.6%+0.2pp

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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.