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

S&P 500

227.50 1.16 +0.51%

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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 Segments Valuation Filings

Danaher Corporation (DHR) P/E ratio

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As of 5 November 2026, Danaher Corporation (DHR) trades at a P/E ratio of 37.0×. Over the past ten years it has ranged from 11.6× (February 2016) to 52.6× (September 2024); the current reading is higher than 73% of that period. That is above the Diagnostics & Research industry median of 34.5× and above the Healthcare sector median of 25.2×.

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<iframe src="https://stockrow.com/embed/DHR/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Danaher Corporation P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/DHR/metrics/pe-ratio">Danaher Corporation (DHR) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	45.2×	4.84%
FY2024	43.1×	18.31%
FY2023	36.4×	53.92%
FY2022	23.6×	(28.59%)
FY2021	33.1×	(16.06%)
FY2020	39.5×	19.40%
FY2019	33.0×	37.22%
FY2018	24.1×	5.64%
FY2017	22.8×	21.27%
FY2016	18.8×	45.43%

Period	P/E ratio	Change
Sep 2026	36.2×	7.38%
Jun 2026	33.7×	(7.72%)
Mar 2026	36.5×	(19.09%)
Dec 2025	45.2×	11.14%
43 more quarters	Free account

Against its own ten years

Low 11.6× High 52.6×

Ten-year median 28.7×

Current reading's percentile 71

Company	P/E ratio
NTRA Natera, Inc. compare	n/m
IQV IQVIA Holdings Inc. compare	31.8×
A Agilent Technologies, Inc. compare	33.8×
ILMN Illumina, Inc. compare	35.6×
TMO Thermo Fisher Scientific Inc. compare	35.8×
DHR Danaher Corporation	37.0×
MTD Mettler-Toledo International, Inc. compare	37.6×
IDXX IDEXX Laboratories, Inc. compare	44.8×
WAT Waters Corporation compare	194×
Diagnostics & Research industry median	34.5×
Healthcare sector median	25.2×
Market median	17.9×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

Danaher Corporation (DHR) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on DHR

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on DHR

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