Danaher Corporation

DHR Healthcare Diagnostics & Research

Danaher Corporation’s revenue for fiscal 2025 (year ended December 2025) was $24.6 billion, up 2.90% from fiscal 2024. In the quarter to June 2026, revenue grew 5.54%, EPS grew 59.7%, free cash flow grew 15.6% and total debt rose 49.2%, each against the same quarter a year earlier. Member of the S&P 500.

228.97 2.53 −1.09%
Market cap
$162.7B
P/E
40.5×
Fwd P/E
29.2×
Dividend yield
0.66%
F-score
6/9
Altman Z
4.52
Beneish M
−2.57
Dividend safety
69/100

Danaher Corporation (DHR) EV/FCF

Alert me on EV/FCF

As of 16 October 2026, Danaher Corporation (DHR) trades at a EV/FCF of 33.2×. Over the past ten years it has ranged from 11.4× (September 2015) to 43.4× (August 2024); the current reading is higher than 83% of that period.

EV/FCF, daily

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Annual newest first

Period EV/FCF Change
FY2025 33.4× (2.06%)
FY2024 34.1× 7.61%
FY2023 31.7× 29.38%
FY2022 24.5× (23.32%)
FY2021 32.0× 12.35%
FY2020 28.5× (4.19%)
FY2019 29.7× 40.24%
FY2018 21.2× (6.67%)
FY2017 22.7× 17.18%
FY2016 19.4× 18.35%

Quarterly newest first

Period EV/FCF Change
Jun 2026 28.3× 2.90%
Mar 2026 27.5× (17.84%)
Dec 2025 33.4× 7.61%
Sep 2025 31.1× (2.38%)
42 more quarters

Against its own ten years

Low 11.4× High 43.4×
Ten-year median 26.0×
Current reading's percentile 82

EV/FCF against peers

What EV/FCF is

EV/Free CF shows how the value of a whole company, debt included, compares with the free cash its business produces.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ (Operating Cash Flow (TTM) + Property, Plant, Equipment Change (Net) (TTM) + Intangible Assets Change (Net) (TTM))

The full definition of EV/FCF →

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