Danaher (DHR) Debt Ratio (2009 - 2026)
Danaher's Debt Ratio was 0.29 in Q2 2026, up 35.2% from 0.21 a year earlier and up 30.0% from the prior quarter.
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Analysis
Danaher (DHR) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Danaher came in at 0.22, up 6.9% from FY2024.
- In earlier years, Debt Ratio was 0.21 in FY2024 (-5.2%), 0.22 in FY2023 (-6.6%), 0.23 in FY2022 (-12.5%) and 0.27 in FY2021 (-4.2%).
- The Q2 2026 figure marks the highest quarterly Debt Ratio since Q3 2020.
- Compared with a year earlier, Debt Ratio has increased for three straight quarters, with growth averaging 2.6% over the last eight quarters.
- The best year-over-year quarter for Debt Ratio over five years was Q2 2026 (growth of 35.2%); the worst was Q3 2022 (a decline of 17.0%).
- Per Business Quant data, DHR's Debt Ratio in the three quarters before Q2 2026 was 0.22 (Q1 2026), 0.22 (Q4 2025) and 0.21 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 0.38 |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 0.30 |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 0.29 |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | - |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 0.30 |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 0.31 |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 0.28 |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 0.33 |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 0.04 |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 0.02 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 0.29 |
| 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 |
API Access
Danaher Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=DHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "DHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=DHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();