Danaher Balance Sheet
NYSE: DHRIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Danaher financial position
At the end of fiscal 2025, Danaher reported total assets of $83.46 billion, up 7.6% from a year earlier against total liabilities of $30.92 billion. Shareholders' equity stood at $52.53 billion, or 62.9% of assets. The company held $4.62 billion in cash and equivalents against $18.42 billion of debt, a net debt position of $13.80 billion.
The current ratio (current assets divided by current liabilities) was 1.87, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.35.
Summary generated from market data by MetaCap's automated system. Methodology
Danaher balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.62B | 2.08B | 5.86B | 6.00B | 2.59B | 6.04B | 19.91B | 787.80M | 630.30M | 963.70M |
| Receivables | 3.91B | 3.54B | 3.92B | 4.10B | 4.63B | 4.04B | 3.19B | 3.03B | 3.52B | 3.19B |
| Inventory | 2.49B | 2.33B | 2.59B | 2.77B | 2.77B | 2.29B | 1.63B | 1.63B | 1.84B | 1.71B |
| Total Current Assets | 12.76B | 9.50B | 13.94B | 15.88B | 11.65B | 13.80B | 25.60B | 7.09B | 6.85B | 6.67B |
| Property, Plant & Equipment | 5.53B | 4.99B | 4.55B | 3.71B | 3.53B | 3.26B | 2.30B | 2.25B | 2.22B | 2.35B |
| Goodwill | 43.15B | 40.50B | 41.61B | 37.28B | 38.68B | 35.42B | 22.71B | 22.58B | 21.77B | 23.83B |
| Intangible Assets | 17.82B | 18.57B | 20.75B | 19.82B | 22.84B | 21.28B | 9.75B | 10.28B | 11.67B | 11.82B |
| Total Assets | 83.46B | 77.54B | 84.49B | 84.35B | 83.18B | 76.16B | 62.08B | 47.83B | 46.65B | 45.30B |
| Accounts Payable | 1.84B | 1.75B | 1.77B | 1.86B | 2.57B | 2.05B | 1.51B | 1.50B | 1.51B | 1.49B |
| Short-Term Debt | 2.00M | 505.00M | 1.70B | 591.00M | 8.00M | 11.00M | 212.00M | 51.80M | 194.70M | 2.59B |
| Total Current Liabilities | 6.81B | 6.80B | 8.27B | 8.39B | 8.14B | 7.40B | 4.93B | 4.84B | 4.79B | 6.87B |
| Long-Term Debt | 18.42B | 15.50B | 16.71B | 19.09B | 22.17B | 21.19B | 21.52B | 9.69B | 10.33B | 9.67B |
| Total Liabilities | 30.92B | 27.99B | 31.00B | 34.26B | 38.01B | 36.38B | 31.80B | 19.61B | 20.28B | 22.22B |
| Shareholders' Equity | 52.53B | 49.54B | 53.49B | 50.08B | 45.17B | 39.77B | 30.27B | 28.21B | 26.36B | 23.00B |
| Retained Earnings | 46.89B | 44.19B | 41.07B | 39.20B | 32.83B | 27.16B | 24.17B | 25.16B | 22.81B | 20.70B |
| Total Debt | 18.42B | 16.00B | 18.40B | 19.68B | 22.18B | 21.20B | 21.73B | 9.74B | 10.52B | 12.27B |
| Net Cash (Debt) | -13.80B | -13.93B | -12.54B | -13.68B | -19.59B | -15.17B | -1.82B | -8.95B | -9.89B | -11.31B |
| Shares Outstanding | 706.90M | 719.10M | 739.20M | 728.30M | 715.00M | 711.00M | 695.50M | 701.50M | 696.60M | 692.20M |
This table shows 10 annual periods of Danaher's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, receivables, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow DHR's reporting calendar. What is a balance sheet?