Danaher Corporation (DHR)

Official site

HEALTHCARE • DIAGNOSTICS & RESEARCH • NYSE

$231.48

+6.79 (+3.02%)

Market Cap: $157.95B

Last updated: Oct 16, 2026 at 1:55 PM ET

Earnings

Performance (10Y)

Beat Rate

97%(38/39)

Avg Surprise

+8.65%

Streak

6 Q

Upcoming Estimates

Period ending Sep 30, 2026

EPS Consensus$1.92

Range$1.89 - $1.99

20 analysts

EPS RevisionsNo revisions (7d)No revisions (30d)

EPS Estimate DriftChange to current

90d ago$2.07-7.3%

60d ago$1.92-0.1%

30d ago$1.91+0.2%

7d ago$1.91+0.2%

Current$1.92

Revenue Consensus

$6.6B

Range$6.5B - $6.7B

19 analysts

Period ending Dec 31, 2026

EPS Consensus$2.81

Range$2.75 - $2.85

25 analysts

Revenue Consensus

$7.7B

Range$7.5B - $7.7B

23 analysts

Period	Reported	Est.	Range	Surprise	B/M	Analysts	Revisions	YoY
Dec 31, 2026Dec 26EST	-	$2.81	$2.75 - $2.85	-	-	25	-	-
Sep 30, 2026Sep 26EST	-	$1.92	$1.89 - $1.99	-	-	20	No revisions (30d)	-
Jun 30, 2026Jun 26 Reported Jul 21, 2026Reported Jul 21	$1.94	$1.84	$1.83 - $1.86	+5.43%	Beat	5	2 0 30d	+7.8%
Mar 31, 2026Mar 26 Reported Apr 21, 2026Reported Apr 21	$2.06	$1.94	$1.91 - $1.96	+6.19%	Beat	20	1 2 30d	+9.6%
Dec 31, 2025Dec 25 Reported Jan 28, 2026Reported Jan 28	$2.23	$2.19	$2.14 - $2.24	+1.83%	Beat	11	3 0 30d	+4.2%
Sep 30, 2025Sep 25 Reported Oct 21, 2025Reported Oct 21	$1.89	$1.72	$1.69 - $1.78	+9.88%	Beat	19	3 2 30d	+10.5%
Jun 30, 2025Jun 25 Reported Jul 22, 2025Reported Jul 22	$1.80	$1.64	$1.62 - $1.66	+9.76%	Beat	21	0 1 30d	+4.7%
Mar 31, 2025Mar 25 Reported Apr 22, 2025Reported Apr 22	$1.88	$1.64	$1.56 - $1.97	+14.63%	Beat	22	3 2 30d	-2.1%
Dec 31, 2024Dec 24 Reported Jan 29, 2025Reported Jan 29	$2.14	$2.16	$2.11 - $2.22	-0.93%	Miss	22	5 2 30d	+2.4%
Sep 30, 2024Sep 24 Reported Oct 22, 2024Reported Oct 22	$1.71	$1.57	$1.53 - $1.70	+8.92%	Beat	22	5 0 30d	-15.3%
Jun 30, 2024Jun 24 Reported Jul 23, 2024Reported Jul 23	$1.72	$1.57	$1.55 - $1.64	+9.55%	Beat	20	1 2 30d	-16.1%
Mar 31, 2024Mar 24 Reported Apr 23, 2024Reported Apr 23	$1.92	$1.71	$1.59 - $1.74	+12.28%	Beat	20	2 1 30d	-18.6%
Dec 31, 2023Dec 23 Reported Jan 30, 2024Reported Jan 30	$2.09	$1.91	$1.66 - $1.98	+9.42%	Beat	20	5 0 30d	-27.2%
Sep 30, 2023Sep 23 Reported Oct 24, 2023Reported Oct 24	$2.02	$1.88	$1.54 - $2.02	+7.45%	Beat	19	2 0 30d	-21.1%
Jun 30, 2023Jun 23 Reported Jul 25, 2023Reported Jul 25	$2.05	$2.02	$1.95 - $2.19	+1.49%	Beat	21	1 1 30d	-25.7%
Mar 31, 2023Mar 23 Reported Apr 25, 2023Reported Apr 25	$2.36	$2.26	$2.20 - $2.28	+4.42%	Beat	20	1 0 30d	-14.5%
Dec 31, 2022Dec 22 Reported Jan 24, 2023Reported Jan 24	$2.87	$2.55	$2.35 - $2.84	+12.55%	Beat	21	9 1 30d	+6.7%
Sep 30, 2022Sep 22 Reported Oct 20, 2022Reported Oct 20	$2.56	$2.25	$2.20 - $2.41	+13.78%	Beat	20	4 1 30d	+7.1%
Jun 30, 2022Jun 22 Reported Jul 21, 2022Reported Jul 21	$2.76	$2.34	$2.29 - $2.50	+17.95%	Beat	18	No revisions (30d)	+12.2%
Mar 31, 2022Mar 22 Reported Apr 21, 2022Reported Apr 21	$2.76	$2.66	$2.44 - $2.80	+3.76%	Beat	18	3 0 30d	+9.5%
Dec 31, 2021Dec 21 Reported Jan 27, 2022Reported Jan 27	$2.69	$2.54	$2.39 - $2.73	+5.91%	Beat	19	8 0 30d	+29.3%
Sep 30, 2021Sep 21 Reported Oct 21, 2021Reported Oct 21	$2.39	$2.15	$1.99 - $2.30	+11.16%	Beat	18	3 0 30d	+39.0%
Jun 30, 2021Jun 21 Reported Jul 22, 2021Reported Jul 22	$2.46	$2.05	$1.97 - $2.15	+20.00%	Beat	18	1 0 30d	+70.8%
Mar 31, 2021Mar 21 Reported Apr 22, 2021Reported Apr 22	$2.52	$1.77	$1.59 - $2.09	+42.37%	Beat	18	5 0 30d	+140.0%
Dec 31, 2020Dec 20 Reported Jan 28, 2021Reported Jan 28	$2.08	$1.88	$1.77 - $2.03	+10.64%	Beat	19	6 0 30d	+62.5%
Sep 30, 2020Sep 20 Reported Oct 22, 2020Reported Oct 22	$1.72	$1.36	$1.30 - $1.45	+26.47%	Beat	16	4 0 30d	+48.3%
Jun 30, 2020Jun 20 Reported Jul 23, 2020Reported Jul 23	$1.44	$1.09	$0.90 - $1.25	+32.11%	Beat	15	1 0 30d	+21.0%
Mar 31, 2020Mar 20 Reported May 6, 2020Reported May 6	$1.05	$1.02	$0.69 - $1.08	+2.94%	Beat	11	5 0 30d	-1.9%
Dec 31, 2019Dec 19 Reported Jan 30, 2020Reported Jan 30	$1.28	$1.25	$1.24 - $1.28	+2.40%	Beat	11	2 0 30d	+0.0%
Sep 30, 2019Sep 19 Reported Oct 24, 2019Reported Oct 24	$1.16	$1.15	$1.13 - $1.17	+0.87%	Beat	15	1 0 30d	+5.5%
Jun 30, 2019Jun 19 Reported Jul 18, 2019Reported Jul 18	$1.19	$1.16	$1.14 - $1.18	+2.59%	Beat	17	No revisions (30d)	+3.5%
Mar 31, 2019Mar 19 Reported Apr 18, 2019Reported Apr 18	$1.07	$1.02	$0.98 - $1.03	+4.90%	Beat	15	1 0 30d	+8.1%
Dec 31, 2018Dec 18 Reported Jan 29, 2019Reported Jan 29	$1.28	$1.27	$1.25 - $1.28	+0.79%	Beat	18	3 0 30d	+7.6%
Sep 30, 2018Sep 18 Reported Oct 18, 2018Reported Oct 18	$1.10	$1.08	$1.05 - $1.10	+1.85%	Beat	17	1 0 30d	+10.0%
Jun 30, 2018Jun 18 Reported Jul 19, 2018Reported Jul 19	$1.15	$1.09	$1.06 - $1.10	+5.50%	Beat	17	No revisions (30d)	+16.2%
Mar 31, 2018Mar 18 Reported Apr 19, 2018Reported Apr 19	$0.99	$0.94	$0.91 - $0.96	+5.32%	Beat	16	4 0 30d	+16.5%
Dec 31, 2017Dec 17 Reported Jan 30, 2018Reported Jan 30	$1.19	$1.16	$1.14 - $1.18	+2.59%	Beat	17	6 0 30d	+13.3%
Sep 30, 2017Sep 17 Reported Oct 19, 2017Reported Oct 19	$1.00	$0.95	$0.94 - $0.96	+5.26%	Beat	15	3 0 30d	-
Jun 30, 2017Jun 17 Reported Jul 20, 2017Reported Jul 20	$0.99	$0.97	$0.95 - $0.98	+2.06%	Beat	16	1 0 30d	-
Mar 31, 2017Mar 17 Reported Apr 20, 2017Reported Apr 20	$0.85	$0.84	-	+1.19%	Beat	-	-	-
Dec 31, 2016Dec 16 Reported Jan 31, 2017Reported Jan 31	$1.05	$1.03	-	+1.94%	Beat	-	-	-

Dividends

Dividend Metrics

Forward Yield0.69%

Forward Annual Dividend$1.60

Payout Ratio16.16%

FrequencyQuarterly

Pay MonthsJan, Apr, Jul, Oct

Growth

3Y CAGR+8.58%

5Y CAGR+12.20%

DHR dividend history and ex-dividend dates Run DHR in the free DRIP calculator

Key Metrics

Valuation
P/E Ratio	28.51	EV/EBITDA	24.64x
Price/FCF	29.87x	FCF Yield	3.35%
Profitability
Profit Margin	16.00%	Operating Margin	19.80%
ROE	7.61%	ROIC	5.24%
Financial Health
Debt/Equity	0.51x	Interest Coverage	16.95x
Current Ratio	1.65x	Quick Ratio	1.25x
Trading Statistics
Beta	0.80	Avg Volume	4.69M
52-Week High	$241.35	52-Week Low	$160.31

Technical Indicators Dashboard

Moving Averages

SMA 10$220.69

SMA 20$220.45

SMA 50$213.03

SMA 200$200.82

EMA 10$222.47

EMA 20$219.55

EMA 50$212.76

EMA 200$202.68

MACD

Line: 3.73Signal: 3.14Hist: 0.58

ADX

ADX: 29.0+DI: 33.5-DI: 12.3

Aroon & PSAR

Aroon Up100.0

Aroon Down8.0

PSAR$212.04

Bollinger Bands

Upper Band$230.70

Lower Band$210.20

%B Position930%(Upper)

Band Width1.04

RSI (14-Day)

Neutral

66.4

Momentum Oscillators

Stoch %K79.8

Stoch %D68.9

Williams %R-6.9

ROC (10d)9.3%

Momentum19.72

CCI (20d)178.7

MFI (14d)55.5

Volatility Measures

ATR (14d)$6.23(2.7%)

StdDev (20d)5.12

Hist Vol29.2%(Moderate)

Volume Flow

VWAP$230.40

OBV46.4M

AD Line-282.9M

CMF (20d)0.131

Volume Metrics

Avg Vol (20d)4.7M

Vol Ratio1.1x

VWMA (20d)$220.07

Pivot Points

R3$232.56

R2$230.21

R1$227.45

Pivot Point$225.09

S1$222.34

S2$219.98

S3$217.22

Advanced Oscillators

TSI16.98

Ultimate Osc62.5

KST50.46

Financial Data

Quarter	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Total Revenue	$6.26B	$5.95B	$6.84B	$6.05B	$5.94B	$5.74B	$6.54B	$5.80B	$5.74B	$5.80B	$6.41B	$5.62B
Cost of Revenue	$2.65B	$2.36B	$2.87B	$2.53B	$2.41B	$2.23B	$2.65B	$2.40B	$2.31B	$2.31B	$2.63B	$2.35B
Gross Profit	$3.61B	$3.59B	$3.97B	$3.52B	$3.52B	$3.51B	$3.89B	$3.40B	$3.43B	$3.49B	$3.78B	$3.27B

Operating Expenses	$2.48B	$2.25B	$2.46B	$2.37B	$2.76B	$2.24B	$2.46B	$2.44B	$2.26B	$2.17B	$2.44B	$2.09B
R&D	$412.00M	$387.00M	$438.00M	$378.00M	$403.00M	$379.00M	$442.00M	$383.00M	$391.00M	$368.00M	$407.00M	$362.00M
SG&A	$2.07B	$1.86B	$2.03B	$1.99B	$2.36B	$1.86B	$2.02B	$2.06B	$1.87B	$1.81B	$2.04B	$1.73B
Operating Income	$1.13B	$1.34B	$1.50B	$1.15B	$760.00M	$1.27B	$1.43B	$958.00M	$1.17B	$1.31B	$1.34B	$1.19B

Interest Income	$61.00M	$27.00M	$13.00M	$3.00M	$8.00M	$6.00M	$14.00M	$4.00M	$39.00M	$60.00M	$117.00M	$79.00M
Interest Expense	$107.00M	$63.00M	$55.00M	$67.00M	$71.00M	$72.00M	$61.00M	$87.00M	$65.00M	$65.00M	$85.00M	$70.00M
Income Before Tax	$1.08B	$1.24B	$1.37B	$1.08B	$655.00M	$1.13B	$1.31B	$977.00M	$1.08B	$1.27B	$1.23B	$1.15B
Income Tax Expense	$208.00M	$206.00M	$190.00M	$168.00M	$100.00M	$175.00M	$229.00M	$159.00M	$176.00M	$183.00M	$111.00M	$207.00M

Net Income	$870.00M	$1.03B	$1.20B	$908.00M	$555.00M	$954.00M	$1.09B	$818.00M	$907.00M	$1.09B	$1.08B	$1.13B

EBITDA	$1.83B	$1.90B	$2.04B	$1.76B	$1.33B	$1.79B	$1.96B	$1.65B	$1.69B	$1.89B	$1.77B	$1.67B
EBIT	$1.12B	$1.27B	$1.42B	$1.14B	$718.00M	$1.20B	$1.36B	$1.06B	$1.11B	$1.28B	$1.20B	$1.14B

* Some calculated fields are derived from available data when not provided by source

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Government Contracts

Gov Obligations (TTM)

$295.40M

Gov Obligations / Revenue

1.2%

Obligations YoY

18.6%

Active Awards

5,136

New Awards (TTM)

4,365

Avg Remaining Term

19.4 mo

Top agency: Department of Defense at 64.5% of trailing twelve month obligations across 16 agencies

Recent Awards

Award ID	Agency	Obligated	Start	End	Description
FA821326F2201	Department of DefenseDepartment of the Air Force	$37.33M	Apr 29, 2026	May 1, 2028	F35 AIRCRAFT PARTS, FY 24 1377-01-659-3166 FLEXIBLE LIEAR SHAPE CHARGE ASSEMBLY 1377-01-660-2677 TRANSFER LINE ASSEMBLY 1377-01-660-4905 DONOR ASSEMBLY 1377-01-660-7535 INITIATOR ARM FIRE 1377-01-661-0138 ACCEPTOR 1377-01-661-0143 INITIATOR
FA821325F0003	Department of DefenseDepartment of the Air Force	$36.89M	Sep 26, 2025	Sep 30, 2028	MULTIPLE NSN'S FOR C-17 AND T-6 AIRCRAFT EGRESS SYSTEMS
FA821326F0004	Department of DefenseDepartment of the Air Force	$13.25M	Mar 24, 2026	Sep 3, 2029	MULTIPLE NSN'S FOR C-17 AIRCRAFT EGRESS SYSTEMS
FA821326F0003	Department of DefenseDepartment of the Air Force	$13.19M	Jan 28, 2026	Apr 27, 2029	MULTIPLE NSN'S FOR T-6 AIRCRAFT EGRESS SYSTEMS
N0010425CK040	Department of DefenseDepartment of the Navy	$9.92M	Sep 24, 2025	Sep 11, 2027	DODIC: JL99
N6426726F1103	Department of DefenseDepartment of the Navy	$3.22M	Dec 29, 2025	May 28, 2026	FLUKE MULTIMETER CALIBRATORS
N6426726F1106	Department of DefenseDepartment of the Navy	$3.02M	Feb 19, 2026	Jun 19, 2026	MULTIMETER CALIBRATORS
FA226326F0002	Department of DefenseDepartment of the Air Force	$2.87M	Mar 23, 2026	Sep 30, 2027	MULTIFUNCTION CALIBRATOR IN ACCORDANCE WITH (IAW) PURCHASE DESCRIPTION (PD) 25E-542A-DC, REV. 3, DATED 4 DECEMBER 2025
N0038326CMA06	Department of DefenseDepartment of the Navy	$2.73M	Jan 30, 2026	Dec 27, 2027	PRESS SWING ABSORB,
36C25526N0337	Department of Veterans AffairsDepartment of Veterans Affairs	$2.57M	Aug 1, 2026	Jul 31, 2027	IN-VITRO REAGENTS - VISN 15, ORDERING PERIOD TWO

Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

News

Danaher stock: TD Cowen lifts target to USD 255.00 for Danaher stock

TD Cowen has increased its price target for Danaher (DHR) stock to $255.00 from $236.00, maintaining a Buy rating. This adjustment comes ahead of Danaher's third-quarter 2026 results, expected on October 21, 2026...

ad-hoc-news.de•Oct 16, 2026 11:54 AM ET10/16/26•Bullish

JPMorgan raises target for Qiagen stock to USD 55.00

JPMorgan has increased its target price for Qiagen (QGEN) stock from USD 50.00 to USD 55.00, maintaining an overweight rating. This decision follows Qiagen's strong Q2 2026 revenue of USD 535.04 million...

ad-hoc-news.de•Oct 16, 2026 9:39 AM ET10/16/26•Neutral

Danaher Gears Up to Post Q3 Earnings: What Lies Ahead for the Stock?

Danaher Corporation (DHR) is set to release its Q3 2026 earnings on October 21. Analysts project an 8.2% increase in revenues to $26.3 billion and earnings of $1.94 per share...

TradingView•Oct 16, 2026 8:38 AM ET10/16/26•Somewhat-Bullish

Danaher partners with NVIDIA as Danaher Corporation stock trades at EUR 206.90

Danaher Corporation has announced a partnership with NVIDIA to integrate AI and accelerated computing into its laboratory systems...

ad-hoc-news.de•Oct 16, 2026 4:38 AM ET10/16/26•Somewhat-Bullish

Danaher partners with NVIDIA as Danaher Corporation stock trades at EUR 206.90

Danaher Corporation stock was trading at EUR 206.90 on October 16, 2026, following its announced partnership with NVIDIA. This collaboration, revealed on October 14, 2026...

ad-hoc-news.de•Oct 16, 2026 4:14 AM ET10/16/26•Bullish

DHR Valuation and Fair Value

P/E: 28.5x
Forward P/E: 23.8x
EV/EBITDA: 24.6x
P/FCF: 29.9x
PEG: 1.3x
P/B: 3.1x

See GNG's fair value

DHR Profitability: Margins, ROIC and FCF

Gross margin: 58.5%
Operating margin: 19.8%
Net margin: 16.0%
ROIC: 5.2%
ROE: 7.6%
FCF margin: 21.8%
FCF yield: 3.3%

DHR Competitors

Company	Ticker
Pfizer Inc	PFE
Intuitive Surgical Inc	ISRG
Novo Nordisk A/S	NVO
Vertex Pharmaceuticals Inc	VRTX
Abbott Laboratories	ABT
Bristol-Myers Squibb Company	BMY
Gilead Sciences Inc	GILD
Medtronic PLC	MDT

Sector: Healthcare

DHR Analyst Ratings

Consensus: Buy
Analysts: 25
Strong Buy: 5
Buy: 17
Hold: 3
Sell: 0
Strong Sell: 0

DHR Bull Case vs Bear Case

Bull case

DHR converts 21.8% of revenue into free cash flow.
DHR beat EPS estimates in 87.5% of its last 8 reported quarters.
88.0% of DHR's analyst ratings are Buy or Strong Buy.

DHR Earnings: Beat Rate and Next Report

Beat rate: 7 of 8 quarters (87.5%)
Average surprise: 7.0%
EPS estimate (fiscal period ending Sep 30, 2026): $1.92
Estimate revisions (30 days, fiscal period ending Sep 30, 2026): 0 up, 0 down

DHR Dividend

Forward yield: 0.7%
Payout ratio: 16.2%
3Y DPS growth: 8.6%
5Y DPS growth: 12.2%
Pay months: Jan, Apr, Jul, Oct

DHR dividend history

Frequently Asked Questions About DHR

What is DHR's current dividend yield?

Danaher Corporation (DHR) has a forward dividend yield of 0.69%.

Does DHR pay dividends?

Yes, Danaher Corporation pays dividends with a forward dividend yield of 0.69%.

What is DHR's P/E ratio?

Danaher Corporation has a price-to-earnings (P/E) ratio of 28.51.

What is DHR's market cap?

Danaher Corporation (DHR) has a market capitalization of $157.95B with a current stock price of $231.48.

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Earnings

Performance (10Y)

Upcoming Estimates

Dividends

Dividend Metrics

Growth

Key Metrics

Technical Indicators Dashboard

Moving Averages

MACD

ADX

Aroon & PSAR

Bollinger Bands

RSI (14-Day)

Momentum Oscillators

Volatility Measures

Volume Flow

Volume Metrics

Pivot Points

Advanced Oscillators

Financial Data

Related GNG Research

The Diversification Test Every Investor Should Run (Built Into GNG)

Government Contracts

Recent Awards

News

Danaher stock: TD Cowen lifts target to USD 255.00 for Danaher stock

JPMorgan raises target for Qiagen stock to USD 55.00

Danaher Gears Up to Post Q3 Earnings: What Lies Ahead for the Stock?

Danaher partners with NVIDIA as Danaher Corporation stock trades at EUR 206.90

Danaher partners with NVIDIA as Danaher Corporation stock trades at EUR 206.90

DHR Valuation and Fair Value

DHR Profitability: Margins, ROIC and FCF

DHR Competitors

DHR Analyst Ratings

DHR Bull Case vs Bear Case

Bull case

DHR Earnings: Beat Rate and Next Report

DHR Dividend

Frequently Asked Questions About DHR

Related stocks

Get full access to GNG Research