Fundamental analysis · SEC EDGAR · TTM through 25/09/2026
DHR · NYSE · Industrial
Fundamental quality
61
out of 100
Danaher Corp runs like a cash machine: it converts about 22.4% of revenue into free cash flow and holds a 16.9% net margin, though it grows at a measured pace. On fundamental quality it scores 61 out of 100, profiling it as a company of reasonable quality. Its weakest area is its growth (revenue +2.5%/yr). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.
Danaher is a healthcare and life-sciences conglomerate. It makes instruments, reagents and consumables for medical diagnostics and for drug research and manufacturing. Like Thermo Fisher, it's a 'picks and shovels' business with a heavy weighting of recurring sales.
EPS growth: 3.7% · Revenue growth: 2.5%
Net margin: 16.9% · ROE: 8.1% · ROIC: 6.2%
Net debt/EBITDA: 3.46x · FCF: 22.4%
Source: SEC EDGAR · TTM through 25/09/2026
The score combines growth, profitability and financial strength. Here its profitability weighs in its favor, while its growth drags it down the most.
Percentile against the other 69 Industrial companies in our coverage: how far it beats them on each metric (100 = best in sector).
Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.
Key concepts
What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow
| Year | Revenue | Net income | Free cash flow | Net debt |
|---|---|---|---|---|
| 2020 | 22,284 | 3,646 | 5,417 | 15,169 |
| 2021 | 24,802 | 6,433 | 7,118 | 19,590 |
| 2022 | 26,643 | 7,209 | 7,401 | 13,682 |
| 2023 | 23,890 | 4,764 | 5,781 | 12,538 |
| 2024 | 23,875 | 3,899 | 5,296 | 13,927 |
| 2025 | 24,568 | 3,614 | 5,260 | 13,803 |
Between 2020 and 2025, revenue went from $22,284M to $24,568M (+10%) and net income went from $3,646M to $3,614M (-1%).
Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.
Latest results
Figures for the nine months ended September 25, 2026, versus the nine months ended September 26, 2025 (SEC filings):
Compared with the previous close (June 26, 2026), this is what moved in its accounts:
Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.
$1.23
per share, yearly
24.3% of earnings
Payout
The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →
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Is Danaher Corp cheap or expensive?
That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).
Compute the valuation →Is Danaher Corp a good company to invest in?
In terms of business quality, Danaher Corp scores 61 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.
Is Danaher Corp a profitable company?
Yes. Danaher Corp shows a net margin of 16.9% and an ROE of 8.1%, a sign of a profitable business.
Does Danaher Corp have a lot of debt?
Yes, its leverage is high: net debt is 3.46 times its EBITDA.
Is Danaher Corp growing?
Its revenue has grown 2.5% annualized in recent years and its earnings per share 3.7%.
Does Danaher Corp generate cash?
Yes. It converts about 22.4% of its revenue into free cash flow, and has done so positively year after year.
The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.
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Who's behind the methodology and model · how the score is computed
Data: see Danaher Corp's filings on EDGAR
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