Danaher Financial Statements From 2010 to 2024

DHR Stock  USD 249.72  0.95  0.38%   
Danaher financial statements provide useful quarterly and yearly information to potential Danaher investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Danaher financial statements helps investors assess Danaher's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Danaher's valuation are summarized below:
Gross Profit
18.9 B
Profit Margin
0.1994
Market Capitalization
184.2 B
Enterprise Value Revenue
8.2653
Revenue
23.9 B
There are over one hundred nineteen available fundamental signals for Danaher, which can be analyzed over time and compared to other ratios. Investors and active traders are advised to verify Danaher's prevailing fundamental performance against the performance between 2010 and 2024 to make sure the trends are evolving in the right direction.
Check Danaher financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Danaher main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.3 B, Interest Expense of 300.3 M or Selling General Administrative of 9.1 B, as well as many exotic indicators such as Short Term Coverage Ratios of 3.63, Price Earnings Ratio of 37.55 or Price To Sales Ratio of 7.49. Danaher financial statements analysis is a perfect complement when working with Danaher Valuation or Volatility modules.
  
This module can also supplement Danaher's financial leverage analysis and stock options assessment as well as various Danaher Technical models . Check out the analysis of Danaher Correlation against competitors.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.

Danaher Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets88.7 B84.5 B53.5 B
Slightly volatile
Short and Long Term Debt Total20.5 B19.5 B12.5 B
Slightly volatile
Other Current Liabilities3.3 B3.2 B2.7 B
Slightly volatile
Total Current Liabilities8.7 B8.3 B5.8 B
Slightly volatile
Total Stockholder Equity56.2 B53.5 B30.5 B
Slightly volatile
Property Plant And Equipment Net4.8 B4.6 B2.8 B
Slightly volatile
Net Debt14.4 B13.7 B8.7 B
Slightly volatile
Cash6.2 B5.9 B3.9 B
Slightly volatile
Non Current Assets Total74.1 B70.6 B43 B
Slightly volatile
Non Currrent Assets Other3.8 B3.6 B1.8 B
Slightly volatile
Cash And Short Term Investments6.2 B5.9 B3.9 B
Slightly volatile
Net Receivables4.1 B3.9 B3.5 B
Slightly volatile
Common Stock Shares Outstanding669.1 M743.1 M687.8 M
Slightly volatile
Liabilities And Stockholders Equity88.7 B84.5 B53.5 B
Slightly volatile
Non Current Liabilities Total23.9 B22.7 B17.1 B
Slightly volatile
Inventory2.7 B2.6 BB
Slightly volatile
Other Current Assets1.6 B1.6 B1.1 B
Slightly volatile
Other Stockholder Equity14.9 B14.2 B7.1 B
Slightly volatile
Total Liabilities32.5 B31 B22.9 B
Slightly volatile
Property Plant And Equipment Gross8.8 B8.4 B3.8 B
Slightly volatile
Total Current Assets14.6 B13.9 B10.4 B
Slightly volatile
Short Term DebtB1.9 B576.2 M
Slightly volatile
Intangible Assets21.8 B20.7 B12.6 B
Slightly volatile
Accounts Payable1.1 B1.8 B1.6 B
Slightly volatile
Common Stock Total Equity6.2 M10.3 M7.8 M
Slightly volatile
Common Stock6.3 M10.3 M7.8 M
Slightly volatile
Other Liabilities3.8 B6.8 B5.1 B
Slightly volatile
Other Assets5.4 B5.1 B2.5 B
Slightly volatile
Long Term Debt17.5 B16.7 B11.9 B
Slightly volatile
Good Will43.7 B41.6 B25.9 B
Slightly volatile
Property Plant Equipment4.8 B4.5 B2.8 B
Slightly volatile
Current Deferred Revenue987.2 M1.5 B954.5 M
Slightly volatile
Long Term Debt Total12.9 B21.9 B12 B
Slightly volatile
Capital SurpluseB13.9 B6.7 B
Slightly volatile
Long Term Investments28.8 M30.3 M198.1 M
Slightly volatile
Non Current Liabilities Other216.6 M228 M4.7 B
Very volatile
Short and Long Term Debt1.8 B1.7 B556.2 M
Slightly volatile
Cash And Equivalents5.8 B6.9 B3.7 B
Slightly volatile
Net Invested Capital60.8 B71.9 B47.1 B
Slightly volatile
Net Working Capital7.5 B5.7 B4.7 B
Slightly volatile
Capital Stock8.6 MM662 M
Slightly volatile
Capital Lease Obligations1.1 B1.1 B889.9 M
Slightly volatile

Danaher Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization2.3 B2.2 B1.4 B
Slightly volatile
Selling General Administrative9.1 B8.7 B6.1 B
Slightly volatile
Total Revenue10.5 B14 B18.3 B
Slightly volatile
Gross Profit14.7 B14 B11.2 B
Slightly volatile
Other Operating Expenses8.6 B8.8 B14.6 B
Pretty Stable
Operating Income5.5 B5.2 BB
Slightly volatile
EBIT5.5 B5.2 BB
Slightly volatile
EBITDA5.5 B5.2 B5.1 B
Slightly volatile
Cost Of Revenue12.8 B12.2 B9.1 B
Slightly volatile
Total Operating Expenses9.3 B8.8 B7.2 B
Slightly volatile
Income Before Tax5.3 BB3.9 B
Slightly volatile
Net IncomeB4.7 B3.4 B
Slightly volatile
Income Tax Expense393.1 M301 M668.7 M
Pretty Stable
Research Development975.5 M1.5 B1.2 B
Slightly volatile
Net Income Applicable To Common Shares8.6 B8.2 B3.8 B
Slightly volatile
Net Income From Continuing Ops3.8 B5.9 B3.4 B
Slightly volatile
Discontinued Operations73.5 M77.4 M307.3 M
Slightly volatile
Minority Interest9.4 M9.9 M39.4 M
Slightly volatile
Tax Provision828.7 M863 M604.8 M
Slightly volatile
Interest Income133.8 M215 M123 M
Slightly volatile
Reconciled Depreciation1.9 B2.2 B1.5 B
Slightly volatile
Preferred Stock And Other Adjustments130.5 M121.9 M89.5 M
Slightly volatile

Danaher Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Free Cash Flow6.1 B5.8 B3.9 B
Slightly volatile
Begin Period Cash Flow6.3 BB3.6 B
Slightly volatile
Depreciation2.3 B2.2 B1.3 B
Slightly volatile
Capital Expenditures1.5 B1.4 B719.6 M
Slightly volatile
Total Cash From Operating Activities7.5 B7.2 B4.7 B
Slightly volatile
Net Income4.4 B4.2 B3.2 B
Slightly volatile
End Period Cash Flow6.2 B5.9 B3.9 B
Slightly volatile
Stock Based Compensation169.9 M306 M164.4 M
Slightly volatile
Change To Liabilities69.3 M72.9 M240.5 M
Slightly volatile
Issuance Of Capital Stock64.6 M68 M565.3 M
Pretty Stable

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Short Term Coverage Ratios3.633.8208135
Pretty Stable
Price Earnings Ratio37.5535.764522.521
Slightly volatile
Price To Sales Ratio7.497.13193.7956
Slightly volatile
Dividend Yield0.0070.00730.0627
Slightly volatile
Operating Cycle106156141
Pretty Stable
Price Book Value Ratio1.783.18552.3395
Slightly volatile
Days Of Payables Outstanding45.2865.400867.3819
Very volatile
Operating Cash Flow Per Share10.219.72716.5639
Slightly volatile
Dividend Payout Ratio0.270.2620.7015
Slightly volatile
Price To Operating Cash Flows Ratio24.9723.783115.9183
Slightly volatile
Free Cash Flow Per Share8.247.84935.5527
Slightly volatile
Price To Free Cash Flows Ratio30.9529.472719.0566
Slightly volatile
Pretax Profit Margin0.110.21110.1731
Slightly volatile
Inventory Turnover5.673.79954.677
Slightly volatile
Ebt Per Ebit0.740.96960.9534
Very volatile
Payables Turnover7.75.5815.5349
Very volatile
Operating Profit Margin0.120.21770.1769
Slightly volatile
Effective Tax Rate0.160.16320.2244
Slightly volatile
Company Equity Multiplier2.71.57962.0844
Slightly volatile
Long Term Debt To Capitalization0.340.24820.3073
Pretty Stable
Cash Per Share8.367.9625.4285
Slightly volatile
Total Debt To Capitalization0.350.26750.3154
Very volatile
Interest Coverage17.0618.188822.3165
Slightly volatile
Return On Capital Employed0.06480.06830.0861
Slightly volatile
Payout Ratio0.270.2620.7015
Slightly volatile
Debt Equity Ratio0.350.36530.5976
Slightly volatile
Ebit Per Revenue0.120.21770.1769
Slightly volatile
Quick Ratio0.821.18271.376
Very volatile
Net Income Per E B T0.560.94450.8109
Pretty Stable
Cash Ratio0.740.70870.7707
Very volatile
Cash Conversion Cycle91.090.585378.6767
Very volatile
Operating Cash Flow Sales Ratio0.310.29990.2173
Slightly volatile
Days Of Inventory Outstanding58.5496.064378.6402
Slightly volatile
Days Of Sales Outstanding47.1159.921762.3034
Pretty Stable
Free Cash Flow Operating Cash Flow Ratio0.610.8070.8147
Very volatile
Cash Flow Coverage Ratios0.680.36670.4848
Pretty Stable
Price To Book Ratio1.783.18552.3395
Slightly volatile
Current Ratio1.311.68441.94
Pretty Stable
Fixed Asset Turnover5.765.24717.4068
Slightly volatile
Price Cash Flow Ratio24.9723.783115.9183
Slightly volatile
Enterprise Value Multiple24.9223.733615.4799
Slightly volatile
Debt Ratio0.260.23120.25
Very volatile
Cash Flow To Debt Ratio0.680.36670.4848
Pretty Stable
Price Sales Ratio7.497.13193.7956
Slightly volatile
Return On Assets0.05240.05640.0611
Very volatile
Receivables Turnover7.026.09135.9389
Very volatile
Asset Turnover0.270.28280.4506
Slightly volatile
Net Profit Margin0.210.19940.1552
Slightly volatile
Gross Profit Margin0.340.58740.5141
Slightly volatile
Price Fair Value1.783.18552.3395
Slightly volatile
Return On Equity0.150.08910.1171
Very volatile

Danaher Fundamental Market Drivers

Forward Price Earnings32.5733
Cash And Short Term Investments5.9 B

Danaher Upcoming Events

30th of January 2024
Upcoming Quarterly Report
View
23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
30th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Danaher Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Danaher income statement, its balance sheet, and the statement of cash flows. Danaher investors use historical funamental indicators, such as Danaher's revenue or net income, to determine how well the company is positioned to perform in the future. Although Danaher investors may use each financial statement separately, they are all related. The changes in Danaher's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Danaher's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Danaher Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Danaher. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2024
Current Deferred Revenue1.5 B987.2 M
Total Revenue14 B10.5 B
Cost Of Revenue12.2 B12.8 B
Ebit Per Revenue 0.22  0.12 

Pair Trading with Danaher

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danaher position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danaher will appreciate offsetting losses from the drop in the long position's value.

Moving against Danaher Stock

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The ability to find closely correlated positions to Danaher could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaher when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danaher - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danaher to buy it.
The correlation of Danaher is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danaher moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaher moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danaher can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Danaher is a strong investment it is important to analyze Danaher's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Danaher's future performance. For an informed investment choice regarding Danaher Stock, refer to the following important reports:
Check out the analysis of Danaher Correlation against competitors.
To learn how to invest in Danaher Stock, please use our How to Invest in Danaher guide.
Note that the Danaher information on this page should be used as a complementary analysis to other Danaher's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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When running Danaher's price analysis, check to measure Danaher's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaher is operating at the current time. Most of Danaher's value examination focuses on studying past and present price action to predict the probability of Danaher's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaher's price. Additionally, you may evaluate how the addition of Danaher to your portfolios can decrease your overall portfolio volatility.
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Is Danaher's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaher. If investors know Danaher will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaher listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.51)
Dividend Share
1.05
Earnings Share
5.64
Revenue Per Share
32.437
Quarterly Revenue Growth
(0.23)
The market value of Danaher is measured differently than its book value, which is the value of Danaher that is recorded on the company's balance sheet. Investors also form their own opinion of Danaher's value that differs from its market value or its book value, called intrinsic value, which is Danaher's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaher's market value can be influenced by many factors that don't directly affect Danaher's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaher's value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaher is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaher's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.