Pricing Log in Create free account
Friday 6 November 2026 Export DHR’s income statement to Excel — free account

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.

Revenue
+8.28%
EPS
+36.7%
Free cash flow
+19.1%
Total debt
+44.9%

Quarter to September 2026, against a year earlier

227.50 1.16 +0.51%
Market cap
$159.2B
P/E
37.0×
Fwd P/E
36.9×
Dividend yield
0.67%
F-score
6/9
Altman Z
4.52
Beneish M
−2.57
Dividend safety
69/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Danaher Corporation (DHR) EV/FCF

Alert me on EV/FCF

As of 5 November 2026, Danaher Corporation (DHR) trades at a EV/FCF of 30.9×. Over the past ten years it has ranged from 11.4× (September 2015) to 43.4× (August 2024); the current reading is higher than 74% of that period.

EV/FCF, daily

Embed this chart

Annual newest first

Period EV/FCF Change
FY2025 33.4× (2.06%)
FY2024 34.1× 7.61%
FY2023 31.7× 29.89%
FY2022 24.4× (23.32%)
FY2021 31.9× 12.34%
FY2020 28.4× (4.16%)
FY2019 29.6× 40.19%
FY2018 21.1× (6.69%)
FY2017 22.6× 17.17%
FY2016 19.3× 17.93%

Quarterly newest first

Period EV/FCF Change
Sep 2026 30.4× 7.43%
Jun 2026 28.3× 2.90%
Mar 2026 27.5× (17.84%)
Dec 2025 33.4× 7.61%
43 more quarters

Against its own ten years

Low 11.4× High 43.4×
Ten-year median 26.0×
Current reading's percentile 72

EV/FCF against peers

Company EV/FCF
IQV IQVIA Holdings Inc. compare 27.5×
DHR Danaher Corporation 30.9×
ILMN Illumina, Inc. compare 31.3×
TMO Thermo Fisher Scientific Inc. compare 37.2×
A Agilent Technologies, Inc. compare 39.7×
IDXX IDEXX Laboratories, Inc. compare 40.7×
MTD Mettler-Toledo International, Inc. compare 41.4×
WAT Waters Corporation compare 190×
NTRA Natera, Inc. compare 991×

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 →

More on DHR