Danaher (DHR)

Life-science and diagnostics conglomerate; the Danaher Business System acquirer. Danaher is listed on the New York Stock Exchange and reports in USD. compounders.ai reads its annual filings and shows reported operating profit next to normalized EBITA under one published rulebook, every figure linked to the filing it was read from.

Archetype
US industrial acquirer
Listing
New York Stock Exchange: DHR (listing key NYSE-DHR)
Country
United States
Reporting currency
USD
Filing source
SEC inline XBRL (native)
Latest filing on record
Form 10-K for the fiscal year ended 2025-12-31 — Danaher, filed 24 Feb 2026 (25 filings on record)
Fiscal years published
FY2010–FY2025
Normalized EBITA published
FY2025

Key figures, FY2025

Fiscal year ended 31 Dec 2025, in USD as reported. Published 20 Oct 2026 under ruleset 1.4.0; read for this page on 20 Oct 2026. Each figure links to the filing it was read from; a computed figure links to its primary citation.

FigureFY2025Source
Income statement
RevenueUSD 24,568 millionForm 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax · as filed
Reported operating profitUSD 4,690 millionForm 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:OperatingIncomeLoss · as filed
Reported operating margin19.1%Form 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:OperatingIncomeLoss · computed from cited lines
Normalized EBITAUSD 6,387 millionForm 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:OperatingIncomeLoss · computed from cited lines
Normalized EBITA margin26.0%Form 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:OperatingIncomeLoss · computed from cited lines
Normalized EBITDAUSD 7,137 millionForm 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:OperatingIncomeLoss · computed from cited lines
Returns on capital
ROIC incl. goodwill8.4%Form 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:OperatingIncomeLoss · computed from cited lines
ROIC excl. goodwill23.5%Form 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:OperatingIncomeLoss · computed from cited lines
ROIIC, 3 yearsNot published for FY2025
Balance sheet and cash
Net debtUSD 13,803 millionForm 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:LongTermDebtNoncurrent · computed from cited lines
Net debt to EBITDA1.93xForm 10-K for the fiscal year ended 2025-12-31 — Danaher · us-gaap:LongTermDebtNoncurrent · computed from cited lines
FCF before acquisitionsNot published for FY2025
FCF available to shareholders (FCFA2S)Not published for FY2025

Earlier years (FY2010–FY2024) are in the terminal's tabs below.

In the terminal

How the figures are made: methodology · glossary · how to cite them: citation guidelines.