Danaher (DHR) financial statements

+122.8%since 2007
FY2025 revenue
$24.6B▲ +2.9%
FY2025 net income
$3.6B▼ −7.3%
FY2025 diluted EPS
$5.05▼ −4.5%
FY2025 free cash flow
$5.3B▼ −0.7%

Danaher income statement

Danaher income statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Revenue24,56823,87523,890
Gross profit14,52314,20614,034
Operating income4,6904,8635,202
Pretax income4,2334,6465,044
Net income3,6143,8994,764
Diluted earnings per share5.055.296.38

Danaher balance sheet

Danaher balance sheet
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Cash and cash equivalents4,6152,0785,864
Total assets83,46477,54284,488
Total liabilities (derived)30,92327,99230,998
Total equity52,54149,55053,490
Long-term debt18,41615,50016,707

Danaher cash flow statement

Danaher cash flow statement
USD millionsFY2025FY2024FY2023
Period ended31 Dec 202531 Dec 202431 Dec 2023
Operating cash flow6,4166,6887,164
Capital expenditure-1,156-1,392-1,383
Free cash flow (derived)5,2605,2965,781
Dividends paid-878-768-821
Share repurchases-3,088-5,9790

Quarterly highlights

Quarterly highlights
USD millionsQ3 FY2026Q2 FY2026Q1 FY2026Q4 FY2025
Period ended25 Sep 202626 Jun 202627 Mar 202631 Dec 2025
Revenue (derived)6,5546,2655,9516,838
Operating income (derived)1,2451,1271,3441,502
Net income (derived)1,2358701,0291,197
Diluted earnings per share1.751.231.45n/a
Operating cash flow (derived)1,8861,5341,3222,117
Total assets93,28192,36783,54483,464

Danaher major shareholders

Danaher major shareholders
HolderShare of classSharesFiled
Vanguard Capital Management6.7%47,383,70730 April 2026
Abigail P. Johnson5.6%39,184,9555 November 2026
FMR LLC5.6%39,184,9555 November 2026

Danaher 10-K and SEC filings

Danaher 10-K and SEC filings
FiledFormTypeDescription
20 October 20268-KCurrent reportCurrent report
20 October 202610-QQuarterly reportQuarterly report
13 October 20268-KCurrent reportCurrent report
3 August 20268-KCurrent reportCurrent report
20 July 20268-KCurrent reportCurrent report
20 July 202610-QQuarterly reportQuarterly report
3 June 20268-KCurrent reportCurrent report
7 May 20268-KCurrent reportCurrent report

Common questions

What was Danaher's revenue in fiscal 2025?

Danaher reported $24.6 billion in revenue for fiscal 2025, the year ended 31 December 2025, up 2.9% from fiscal 2024.

What was Danaher's net income in fiscal 2025?

Danaher reported net income of $3.6 billion for fiscal 2025, the year ended 31 December 2025, down 7.3% from fiscal 2024. Diluted earnings per share were $5.05.

What was Danaher's free cash flow in fiscal 2025?

Danaher had $5.3 billion in free cash flow in fiscal 2025. Operating cash flow was $6.4 billion and capital expenditure was $1.2 billion.

What were Danaher's total assets at the end of fiscal 2025?

Danaher reported total assets of $83.5 billion at the end of fiscal 2025, the year ended 31 December 2025.

How much Danaher history does each plan include?

Free covers the last 3 fiscal years of annual figures. Basic covers the last 10 fiscal years, annual and quarterly. Pro covers the full history, with first reported values and as of dates.