Danaher (DHR) Debt Ratio (2009 - 2026)

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

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

Danaher (DHR) has reported Debt Ratio for 18 consecutive years, with 0.22 the latest figure, recorded in 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 came in at 0.22 for Q1 2026 at Danaher, roughly flat from 0.22 in the prior quarter.
  • The five-year high for Debt Ratio was 0.26 in Q2 2022, with the low at 0.21 in Q4 2024.
  • Average Debt Ratio over 5 years is 0.23, with a median of 0.22 recorded in 2025.
  • Across the five-year window, Debt Ratio slipped 16.96% in 2022 and increased 6.91% in 2025, its largest moves.
  • Year by year, Debt Ratio stood at 0.23 in 2022, then dropped by 6.63% to 0.22 in 2023, then declined by 5.23% to 0.21 in 2024, then gained by 6.91% to 0.22 in 2025, then gained by 0.26% to 0.22 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.22, 0.22, and 0.21 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.20
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.38
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.22
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 0.25
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 0.01
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 0.02
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 0.53
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.23
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 0.61
10 Quest Diagnostics 23.76 Bn 23.67 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