Danaher (DHR) Debt Ratio (2009 - 2026)

Danaher (DHR) posted quarterly Debt Ratio of 0.29 for Q2 2026, up 31.42% year-over-year from 0.22 in Q2 2025, and up 23.78% quarter-over-quarter from 0.23 in Q1 2026.

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

Danaher's Debt Ratio history runs 18 years deep, the most recent figure standing at 0.29 for Q2 2026.

  • In Q2 2026, Debt Ratio rose 31.42% year-over-year to 0.29; the TTM figure through Jun 2026 stood at 0.29 (up 31.42% YoY), while the FY2025 annual figure was 0.22, up 6.92% from the prior year.
  • Debt Ratio for Q2 2026 stood at 0.29, up from 0.23 in the prior quarter.
  • The five-year high for Debt Ratio was 0.29 in Q2 2026, with the low at 0.21 in Q4 2024.
  • The 5-year median for Debt Ratio is 0.23 (2023), against an average of 0.23.
  • The sharpest annual moves came in 2022 and 2026: Debt Ratio retreated 13.92% in 2022, then jumped 31.42% in 2026.
  • Danaher's Debt Ratio stood at 0.23 in 2022, then fell by 6.63% to 0.22 in 2023, then retreated by 5.23% to 0.21 in 2024, then climbed by 6.92% to 0.22 in 2025, then soared by 30.28% to 0.29 in 2026.
  • Business Quant data shows DHR's Debt Ratio at 0.29 in Q2 2026, 0.23 in Q1 2026, and 0.22 in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Thermo Fisher Scientific 213.96 Bn 209.90 Bn 8.34 Bn 0.40
2 Danaher 140.29 Bn 135.94 Bn 3.61 Bn 0.29
3 Idexx Laboratories 46.08 Bn 45.88 Bn 779.09 Mn 0.24
4 Agilent Technologies 39.78 Bn 37.97 Bn 990.00 Mn 0.26
5 Iqvia Holdings 39.43 Bn 37.35 Bn 1.44 Bn 0.54
6 Natera 38.72 Bn 37.62 Bn 696.04 Mn 0.01
7 Illumina 30.05 Bn 28.88 Bn 770.00 Mn 0.22
8 Mettler Toledo International 28.63 Bn 28.58 Bn 650.22 Mn 0.58
9 Quest Diagnostics 26.17 Bn 25.54 Bn 1.03 Bn 0.33
10 Labcorp Holdings 25.89 Bn 24.91 Bn 1.01 Bn 0.33

Historic Data

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