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

229.95 3.61 +1.59%
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

Danaher Corporation (DHR) Revenue growth

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Danaher Corporation's revenue growth over the twelve months to 30 September 2026 was 5.52%, up 2.6 percentage points from fiscal 2025 (2.90%). Over the past ten years it has ranged from −10.3% (fiscal 2023) to 24.4% (fiscal 2020); the current reading is higher than 36% of that period. That is below the Diagnostics & Research industry median of 8.99% and below the Healthcare sector median of 7.80%.

Revenue growth, annual

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Annual newest first

Period Revenue growth Change (points)
FY2025 2.90% 2.96
FY2024 −0.06% 10.27
FY2023 −10.3% (17.75)
FY2022 7.42% (3.88)
FY2021 11.3% (13.12)
FY2020 24.4% 19.36
FY2019 5.06% (4.80)
FY2018 9.86% 17.94
FY2017 −8.08% (25.05)
FY2016 17.0% 4.79

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 8.28% 2.74
Jun 2026 5.54% 1.88
Mar 2026 3.66% (0.93)
Dec 2025 4.59% 0.19
43 more quarters

Against its own ten years

Low −10.3% High 24.4%
Ten-year median 7.42%
Current reading's percentile 36

Revenue growth against peers

Company Revenue growth
WAT Waters Corporation compare 80.7%
NTRA Natera, Inc. compare 37.4%
IDXX IDEXX Laboratories, Inc. compare 11.9%
IQV IQVIA Holdings Inc. compare 8.85%
A Agilent Technologies, Inc. compare 8.60%
TMO Thermo Fisher Scientific Inc. compare 8.27%
MTD Mettler-Toledo International, Inc. compare 6.91%
ILMN Illumina, Inc. compare 5.83%
DHR Danaher Corporation 5.52%
Diagnostics & Research industry median 8.99%
Healthcare sector median 7.80%
Market median 7.58%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

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