Danaher (DHR) Debt Ratio (2009 - 2026)

Danaher (DHR) recorded quarterly Debt Ratio of 0.22 in Q1 2026, little changed quarter-over-quarter from 0.22 in Q4 2025, and up 6.23% on a YoY basis from 0.21 in Q1 2025.

Danaher (DHR) Debt Ratio (2009 - 2026) Analysis & Trends

Danaher's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.22 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 6.23% year-over-year to 0.22; the TTM figure through Mar 2026 stood at 0.22 (up 6.23% YoY), while the FY2025 annual figure was 0.22, up 6.91% from the prior year.
  • Debt Ratio was 0.22 for Q1 2026 at Danaher, roughly flat from 0.22 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.26 in Q2 2022 to a low of 0.21 in Q4 2024.
  • Historically, Debt Ratio has averaged 0.23 across 5 years, with a median of 0.22 in 2025.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio fell 16.96% in 2022, then advanced 6.91% in 2025.
  • A 5-year view of Debt Ratio shows it stood at 0.23 in 2022, then retreated by 6.63% to 0.22 in 2023, then decreased by 5.23% to 0.21 in 2024, then grew by 6.91% to 0.22 in 2025, then grew by 0.26% to 0.22 in 2026.
  • The last three Debt Ratio figures came in at 0.22 (Q1 2026), 0.22 (Q4 2025), and 0.21 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Waters 30,529.42 Bn 30,528.96 Bn 1.11 Bn 0.20
2 Thermo Fisher Scientific 183.75 Bn 180.50 Bn 7.74 Bn 0.38
3 Danaher 133.13 Bn 127.43 Bn 3.59 Bn 0.22
4 Idexx Laboratories 46.14 Bn 45.94 Bn 722.74 Mn 0.25
5 Agilent Technologies 38.20 Bn 36.39 Bn 990.00 Mn 0.02
6 Natera 31.50 Bn 30.40 Bn 696.04 Mn 0.01
7 Iqvia Holdings 31.34 Bn 29.36 Bn 1.36 Bn 0.53
8 Illumina 24.51 Bn 23.36 Bn 721.00 Mn 0.23
9 Mettler Toledo International 23.53 Bn 23.47 Bn 555.82 Mn 0.61
10 Quest Diagnostics 22.51 Bn 22.42 Bn 942.00 Mn 0.34

Historic Data

Download Data
DateValue
Mar 27, 2026 0.22
Dec 31, 2025 0.22
Sep 26, 2025 0.21
Jun 27, 2025 0.21
Mar 28, 2025 0.21
Dec 31, 2024 0.21
Sep 27, 2024 0.22
Jun 28, 2024 0.22
Mar 29, 2024 0.22
Dec 31, 2023 0.22
Sep 29, 2023 0.25
Jun 30, 2023 0.23
Mar 31, 2023 0.23
Dec 31, 2022 0.23
Sep 30, 2022 0.24
Jul 1, 2022 0.25
Apr 1, 2022 0.26
Dec 31, 2021 0.27
Oct 1, 2021 0.29
Jul 2, 2021 0.26