Danaher Financial Ratios
NYSE: DHRIndustrialsIndustrial Machinery/ComponentsUSD
At close: Oct 9, 4:03 PM ET · Delayed 15 min
Danaher ratio analysis
Danaher earned a net margin of 14.7% in FY 2025, down from 16.3% a year earlier. Gross margin was 59.1% compared with a median of 56.0% over the prior 9 years. Return on equity reached 6.9%, meaning Danaher generated 0.07 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.35 versus 0.32 the year before, and the current ratio was 1.87. At the end of FY 2025, DHR traded at 45.6 times earnings; across the 10 fiscal years shown, its year-end P/E ranged from 18.9 to 45.6, with a median of 33.8. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Danaher financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 45.62 | 44.39 | 36.26 | 24.36 | 33.88 | 40.27 | 33.74 | 23.81 | 23.31 | 18.91 |
| Price / sales | 6.68 | 7.19 | 7.13 | 6.40 | 8.40 | 6.24 | 5.46 | 3.14 | 3.12 | 2.83 |
| Price / book | 3.13 | 3.47 | 3.19 | 3.41 | 4.61 | 3.50 | 3.23 | 2.21 | 2.17 | 2.07 |
| Gross margin | 59.1% | 59.5% | 58.7% | 60.8% | 61.4% | 56.0% | 55.7% | 47.8% | 46.8% | 55.3% |
| Operating margin | 19.1% | 20.4% | 21.8% | 28.3% | 25.7% | 19.0% | 18.3% | 15.4% | 14.0% | 16.2% |
| Net margin | 14.7% | 16.3% | 19.9% | 27.1% | 25.9% | 16.4% | 16.8% | 13.3% | 13.6% | 15.1% |
| Free cash flow margin | 21.4% | 22.2% | 24.2% | 27.8% | 28.7% | 24.3% | 18.5% | 17.3% | 15.9% | 17.4% |
| Return on equity (ROE) | 6.9% | 7.9% | 8.9% | 14.4% | 14.2% | 9.2% | 9.9% | 9.4% | 9.5% | 11.1% |
| Return on assets (ROA) | 4.3% | 5.0% | 5.6% | 8.5% | 7.7% | 4.8% | 4.8% | 5.5% | 5.3% | 5.6% |
| Debt / equity | 0.35 | 0.32 | 0.34 | 0.39 | 0.49 | 0.53 | 0.72 | 0.35 | 0.40 | 0.53 |
| Current ratio | 1.87 | 1.40 | 1.68 | 1.89 | 1.43 | 1.86 | 5.19 | 1.47 | 1.43 | 0.97 |
| Revenue growth | 2.9% | -0.1% | -10.3% | 7.4% | 11.3% | 24.4% | -10.0% | 8.5% | 8.6% | 17.0% |
| EPS growth | -4.5% | -17.1% | -34.0% | 12.2% | 76.1% | 20.7% | 8.3% | 5.9% | -3.3% | -23.0% |