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

228.87 2.53 +1.12%
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) Return on assets

Alert me on Return on assets

Danaher Corporation's return on assets over the twelve months to 30 September 2026 was 5.00%, up 0.5 percentage points from fiscal 2025 (4.49%). Over the past ten years it has ranged from 4.49% (fiscal 2025) to 8.48% (fiscal 2022) — the current reading is the lowest in ten years. That is above the Diagnostics & Research industry median of −6.05% and above the Healthcare sector median of −29.3%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 4.49% (0.32)
FY2024 4.81% (0.81)
FY2023 5.62% (2.86)
FY2022 8.48% 0.61
FY2021 7.87% 2.79
FY2020 5.08% (0.27)
FY2019 5.35% (0.26)
FY2018 5.61% 0.19
FY2017 5.42% (0.04)
FY2016 5.46% (2.42)

Against its own ten years

Low 4.49% High 8.48%
Ten-year median 5.46%
Current reading's percentile 9

Return on assets against peers

Company Return on assets
IDXX IDEXX Laboratories, Inc. compare 33.3%
MTD Mettler-Toledo International, Inc. compare 25.6%
ILMN Illumina, Inc. compare 13.8%
A Agilent Technologies, Inc. compare 11.0%
TMO Thermo Fisher Scientific Inc. compare 6.51%
DHR Danaher Corporation 5.00%
IQV IQVIA Holdings Inc. compare 4.71%
WAT Waters Corporation compare 0.68%
NTRA Natera, Inc. compare −7.21%
Diagnostics & Research industry median −6.05%
Healthcare sector median −29.3%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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