Company Analysis

Danaher Corporation (DHR)

NYSE: DHR · Industrial Instruments For Measurement, Display, and Control · Washington, DC · filing with the SEC since 1994
Grade5.9
◀ Past 7.1● Present 6.0▶ Future 4.6

The grade of Danaher Corporation

Nine metrics read from its own filings, by tense
Headline grade
5.9/10
◀ Past7.130% of the headline
● Present6.040% of the headline
▶ Future4.630% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

All nine metrics read as filed from the record.

◀ Past

What did they actually do?

7.1/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
8.2/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 82nd percentile among 17 sector filers · read for itself

From the record

Danaher Corporation's filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
6.3/10

What has it actually done, year after year?

+5.9% a year over 9 filed years; profitable in 9 of 9.

weight 45% of this tense · 63rd percentile among 17 sector filers · read for its customers

From the record

Danaher Corporation's 9 filed years say what it did: revenue went from $16 billion in fiscal 2017 to $25 billion in fiscal 2025, up 5.9% a year; it rose in 6 of 8 years; the deepest fall was 10% from fiscal 2022 to fiscal 2024; net income was positive in 9 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span5.9%top 50% of its family
  • the share of years revenue rosetop 44% of its family
  • the share of filed years with a profittop 18% of its family
  • the deepest fall from a revenue peak10.4%top 38% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
7.2/10

How has it treated the people who own it?

Share count shrank 1.0% a year. 57% of cash flow returned. Insiders: 21 sales, 0 purchases.

weight 22% of this tense · 72nd percentile among 12 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Danaher Corporation's diluted share count shrank about 1.0% a year, and dividends and buybacks returned about 57% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 21 sales and 0 purchases of their own stock on the open market in the year to 2026-11-10 (their Form 4 filings).

What it rests on

  • the share count over the yearstop 26% of its family
  • cash returned against operating cash flowtop 29% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

6.0/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
6.8/10

Is it financially healthy right now?

ROE 7%: 7¢ of profit per shareholder dollar. Leverage 37%: owes 37¢ per asset dollar.

weight 45% of this tense · 68th percentile among 17 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Danaher Corporation earned about 7 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 17 cents per dollar of everything the company owns. Leverage: it owed about 37 cents per dollar of assets, and net share issuance: its share count shrank 2.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetstop 38% of its family
  • return on equitytop 38% of its family
  • gross profit against assetstop 44% of its family
  • the share count against the year beforetop 9% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.0/10

How strong is its position in its industry?

top 30% of 17 in its family; net margin 14.7%.

weight 33% of this tense · 70th percentile among 17 sector filers · read for its customers

From the record

Danaher Corporation's standing among 17 graded names in its industry family: revenue of $25 billion in fiscal 2025 ranks in the top 3% by size; a net margin of 14.7% ranks in the top 21%; revenue growth of -2.7% a year over the last 3 filed years ranks in the bottom 32% (its annual reports).

What it rests on

  • revenue against the family$24.57Btop 3% of its family
  • net margin14.7%top 21% of its family
  • three-year revenue growth-2.7%bottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
3.2/10

What are the people in charge doing?

bottom 32% of 13 in its family for leadership; chief executive since 2020.

weight 22% of this tense · 32nd percentile among 13 sector filers · read for its shareholders

From the record

Danaher Corporation's leadership, from its insiders' filings and its current reports: the chief executive on the record is Blair, Rainer (President & CEO, as filed), filing under that title since 2020-11-17, 6 years (bottom 43% of its family); the 22 officers and directors filing in the last fifteen months have been on the record a median of 5.7 years (bottom 27%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 22 people in charge now (bottom 25%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge11 in three years among 22 peoplebottom 25% of its family
  • the median years the people in charge have filed5.7 yearsbottom 27% of its family
  • the chief executive's years on the record6.0 yearsbottom 43% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.6/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
5.0/10

How much room does it have to grow?

bottom 50% of 17 in its family for room to expand.

weight 45% of this tense · 50th percentile among 17 sector filers · read for itself

From the record

Danaher Corporation's room to grow, from the newest filed statements (fiscal 2025): cash of $4.6 billion against debt of $18 billion leaves -16.5% of its assets as net cash, bottom 34% of its family; cash from operations less capital spending is 21.4% of revenue (top 32%); a gross margin of 59.1% (top 32%); research spending of 6.5% of revenue (bottom 30%) (its annual report).

What it rests on

  • cash less debt against assets-16.5%bottom 34% of its family
  • cash from operations less capital spending against revenue21.4%top 32% of its family
  • gross margin59.1%top 32% of its family
  • research spending against revenue6.5%bottom 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.5/10

What could actually drive growth from here?

bottom 45% of 17 in its family for growth drivers.

weight 33% of this tense · 45th percentile among 17 sector filers · read for its customers

From the record

Danaher Corporation's growth drivers, from the filed years to fiscal 2025: revenue grew -2.7% a year over the last three filed years against 5.9% over all 9, slowing (bottom 15% of its family); the newest year grew 2.9% (bottom 44%); research spending grew 1.5% a year (bottom 47%); capital spending grew 1.1% a year (top 26%) (its annual reports). Danaher Corporation reported 2 product lines in fiscal 2025: Revenuefrom Contractwith Customer Measurement Recurring at $20 billion (82%), Revenuefrom Contractwith Customer Measurement Nonrecurring at $4.4 billion (18%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span-8.6 points a yearbottom 15% of its family
  • the newest year's revenue growth2.9%bottom 44% of its family
  • three-year growth of research spending1.5%bottom 47% of its family
  • three-year growth of capital spending1.1%top 26% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.1/10

Did its newest year beat what its own record pointed to?

bottom 41% of 15 in its family for expectations against reality.

weight 22% of this tense · 41st percentile among 15 sector filers · read for its shareholders

From the record

Danaher Corporation's newest year against its own record: revenue of $25 billion in fiscal 2025 came in 8.7% above the $23 billion its prior three years' pace pointed to (top 43% of its family); net income of $3.6 billion against a prior three-year average of $5.3 billion (bottom 37%); a net margin of 14.7% against 21.1% before (bottom 30%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace8.7%top 43% of its family
  • net income against the prior three years' average-32%bottom 37% of its family
  • net margin against its prior average-6.4 pointsbottom 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DHR · research, not advice