US · USD
DHR
Danaher Corporation
- Day's range
- $219.69 – $226.11
- Day's volume
- $1.1B
- 52-week range
- $161.29 – $240.61
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Create a free accountDHR in numbers
- Market cap
- $155.7B
- P/E
- 38.90
- P/B
- 2.96
- Dividend yield (12m)
- 0.69%
The 12-month dividend yield of DHR is 0.69%, above its 5-year average of 0.40%.
DHR price history
DHR risk and return
Monthly closes adjusted for splits and distributions.
| Metric | 12 months | 36 months | 60 months |
|---|---|---|---|
| Return | +3.62% | +17.42% | -17.77% |
| Volatility (annualized) | 19.10% | 20.10% | 22.29% |
| Largest drawdown | -21.66% | -35.02% | -37.35% |
| Positive months | 7/12 | 17/36 | 27/60 |
How much did investing in DHR return?
$1,000.00 invested on 10/01/2021 would be worth $822.28 today.
- Value today in DHR
- $822.28
- Return over the period
- -17.77%
- Return per year
- -3.84%
- In the S&P 500
- $1,661.44
With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.
DHR fundamentals
Valuation
- P/E38.90
- P/B2.96
- EV/EBITDA—
- EV/EBIT35.28
- EV/Revenue7.20
- P/EBIT30.38
- P/S6.20
- P/OCF23.47
- P/FCF28.49
- Earnings yield2.83%
- PEG ratio—
- Earnings per share$5.70
- Book value per share$74.80
Debt
- Net debt$25.1B
- Net debt/EBITDA—
- Net debt/Equity0.48
- Debt/Equity0.48
- Current ratio1.65
- Quick ratio1.25
- Cash ratio—
Efficiency
- Gross margin58.51%
- EBITDA margin—
- Operating margin20.42%
- Net margin15.95%
- Asset turnover0.27
Profitability
- ROE7.61%
- ROA4.33%
- ROIC5.53%
- Payout26.69%
Growth
- Revenue CAGR (5 years)-1.24%
- Earnings CAGR (5 years)-6.53%
- Revenue growth (year)—
- Earnings growth (year)—
- Revenue growth (quarter)—
- Earnings growth (quarter)—
What is DHR's fair price?
Two classic value formulas, with today's numbers. The current price is $221.55.
- Graham's fair price
- $97.91
- 55.81% below the price
√(22.50 × $5.70 × $74.80)
Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.
- Bazin's ceiling price
- $16.06
- 92.75% below the price
$0.96 (5-year average) ÷ 6%
Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.
Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.
DHR's indicators by year
Multiples at each year's closing price; margins and returns from that year's statements.
| Indicator | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|
| P/E | 44.79 | 42.08 | 35.92 | 26.82 | 36.59 | 43.39 | 35.52 | 27.30 |
| P/B | 3.08 | 3.31 | 3.20 | 3.86 | 5.21 | 3.98 | 3.53 | 2.57 |
| EV/EBITDA | — | — | 25.49 | 21.98 | 30.52 | 29.87 | 24.33 | 19.20 |
| Dividend yield | 0.54% | 0.46% | 0.42% | 0.36% | 0.25% | 0.32% | 0.44% | 0.60% |
| Earnings per share | $5.11 | $5.46 | $6.44 | $9.89 | $8.99 | $5.12 | $4.32 | $3.78 |
| Book value per share | $74.29 | $69.32 | $72.31 | $68.74 | $63.14 | $55.84 | $43.48 | $40.20 |
| ROE | 6.88% | 7.87% | 8.91% | 14.39% | 14.24% | 9.17% | 9.94% | 9.40% |
| ROIC | 5.62% | 6.27% | 6.20% | 9.65% | 7.92% | 5.63% | 7.55% | 6.69% |
| Gross margin | 59.11% | 59.50% | 58.74% | 60.76% | 61.44% | 55.98% | 55.74% | 55.75% |
| EBITDA margin | — | — | 30.84% | 36.29% | 34.03% | 26.95% | 24.89% | 24.83% |
| Net margin | 14.71% | 16.33% | 19.94% | 27.06% | 25.94% | 16.36% | 16.79% | 15.55% |
| Net debt/EBITDA | — | — | 2.27 | 1.97 | 2.63 | 3.53 | 0.36 | 2.10 |
DHR's financial statements
| Line | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Net revenue | $24.6B | $23.9B | $23.9B | $26.6B | $24.8B | $22.3B |
| Cost of revenue | -$10B | -$9.7B | -$9.9B | -$10.5B | -$9.6B | -$9.8B |
| Gross profit | $14.5B | $14.2B | $14B | $16.2B | $15.2B | $12.5B |
| EBITDA | — | — | $7.4B | $9.7B | $8.4B | $6B |
| EBIT | $4.7B | $4.9B | $5.2B | $7.5B | $6.4B | $4.2B |
| Financial result | — | — | — | — | — | — |
| Income before tax | $4.2B | $4.6B | $5B | $7.1B | $6.5B | $4.5B |
| Income tax | -$633M | -$747M | -$823M | -$818M | -$1.1B | -$849M |
| Net income | $3.6B | $3.9B | $4.8B | $7.2B | $6.4B | $3.6B |
Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.
Does DHR pay dividends?
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 09/29/2026 | 10/30/2026 | $0.40 |
Dividend yield per year
- 0.59%2017
- 0.60%2018
- 0.44%2019
- 0.32%2020
- 0.25%2021
- 0.36%2022
- 0.42%2023
- 0.46%2024
- 0.54%2025
- 0.51%2026
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/25/2026 | 07/31/2026 | $0.40 |
| Dividend | 03/26/2026 | 04/24/2026 | $0.40 |
| Dividend | 12/25/2025 | 01/30/2026 | $0.32 |
| Dividend | 09/25/2025 | 10/31/2025 | $0.32 |
| Dividend | 06/26/2025 | 07/25/2025 | $0.32 |
| Dividend | 03/27/2025 | 04/25/2025 | $0.32 |
| Dividend | 12/26/2024 | 01/31/2025 | $0.27 |
| Dividend | 09/26/2024 | 10/25/2024 | $0.27 |
| Dividend | 06/27/2024 | 07/26/2024 | $0.27 |
| Dividend | 03/26/2024 | 04/26/2024 | $0.27 |
| Dividend | 12/27/2023 | 01/26/2024 | $0.24 |
| Dividend | 10/10/2023 | 10/27/2023 | $0.27 |
See all 39 distributions
| Type | Last day to own | Payment | Per share |
|---|---|---|---|
| Dividend | 06/28/2023 | 07/28/2023 | $0.24 |
| Dividend | 03/29/2023 | 04/28/2023 | $0.24 |
| Dividend | 12/28/2022 | 01/27/2023 | $0.22 |
| Dividend | 09/28/2022 | 10/28/2022 | $0.22 |
| Dividend | 06/22/2022 | 07/29/2022 | $0.22 |
| Dividend | 03/23/2022 | 04/29/2022 | $0.22 |
| Dividend | 12/28/2021 | 01/28/2022 | $0.19 |
| Dividend | 09/28/2021 | 10/29/2021 | $0.19 |
| Dividend | 06/23/2021 | 07/30/2021 | $0.19 |
| Dividend | 03/24/2021 | 04/30/2021 | $0.19 |
| Dividend | 12/23/2020 | 01/29/2021 | $0.16 |
| Dividend | 09/24/2020 | 10/30/2020 | $0.16 |
| Dividend | 06/24/2020 | 07/31/2020 | $0.16 |
| Dividend | 03/25/2020 | 04/24/2020 | $0.16 |
| Dividend | 12/25/2019 | 01/31/2020 | $0.15 |
| Dividend | 09/25/2019 | 10/25/2019 | $0.15 |
| Dividend | 06/26/2019 | 07/26/2019 | $0.15 |
| Dividend | 03/27/2019 | 04/26/2019 | $0.15 |
| Dividend | 12/26/2018 | 01/25/2019 | $0.14 |
| Dividend | 09/26/2018 | 10/26/2018 | $0.14 |
| Dividend | 06/27/2018 | 07/27/2018 | $0.14 |
| Dividend | 03/27/2018 | 04/27/2018 | $0.14 |
| Dividend | 12/27/2017 | 01/26/2018 | $0.12 |
| Dividend | 09/27/2017 | 10/27/2017 | $0.12 |
| Dividend | 06/27/2017 | 07/28/2017 | $0.12 |
| Dividend | 03/28/2017 | 04/28/2017 | $0.12 |
| Dividend | 12/27/2016 | 01/27/2017 | $0.11 |
About Danaher
- Sector
- Manufacturing
Questions about DHR
How much is DHR today?
DHR is at $221.55 (-2.02% on the day), last traded on 09/30/2026.
How much did DHR pay in dividends in 2025?
DHR paid $1.23 per share in 2025, a dividend yield of 0.54%.
When is the next DHR dividend?
The next announced payment is $0.40 per share on 10/30/2026.
What are the P/E and P/B of DHR?
DHR trades at a P/E of 38.90 and a P/B of 2.96.
How much did DHR return in 12 months?
DHR returned 3.62% in 12 months, with annualized volatility of 19.10% and a largest drawdown of -21.66%.