Danaher DHR Ratios & Valuation
| 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 | |
| Returns | |||||
| Return on equity | 27.8%-3.9pp | 31.7%-16.3pp | 48.1%-11.1pp | 59.1%+2.0pp | |
| 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× | |
| Liquidity | |||||
| Current ratio | 6.4×+0.4× | 6×-1.9× | 7.9×+0.8× | 7.1×-0.1× | |
| Leverage | |||||
| Debt-to-equity | 1.4×0.0× | 1.4×-0.2× | 1.6×-0.2× | 1.8×-0.3× | |
| Net debt / EBITDA | 8.9×+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 / 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× | |
| 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 →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.
