Danaher (DHR) Debt to Equity (2009 - 2026)

Danaher (DHR) posted quarterly Debt to Equity of $0.35 for Q1 2026, up 7.75% year-over-year from $0.32 in Q1 2025, and little changed on a QoQ basis from $0.35 in Q4 2025.

Danaher (DHR) Debt to Equity (2009 - 2026) Analysis & Trends

Danaher (DHR) has reported Debt to Equity for 18 consecutive years, with $0.35 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Debt to Equity rose 7.75% year-over-year to $0.35; the TTM figure through Mar 2026 stood at $0.35 (up 7.75% YoY), while the FY2025 annual figure was $0.35, up 107.05% from the prior year.
  • Debt to Equity came in at $0.35 for Q1 2026 at Danaher, roughly flat from $0.35 in the prior quarter.
  • The five-year high for Debt to Equity was $3629.7 in Q2 2022, with the low at -$58.43 in Q2 2025.
  • Average Debt to Equity over 5 years is $539.72, with a median of $0.35 recorded in 2025.
  • Across the five-year window, Debt to Equity jumped 513104.83% in 2022 and sank 1545.7% in 2024, its largest moves.
  • Year by year, Debt to Equity stood at -$6.85 in 2022, then soared by 105.02% to $0.34 in 2023, then tumbled by 1545.7% to -$4.97 in 2024, then jumped by 107.05% to $0.35 in 2025, then declined by 0.41% to $0.35 in 2026.
  • According to Business Quant data, Debt to Equity over the past three periods registered $0.35, $0.35, and $0.33 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 0.32
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.83
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.35
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 0.53
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 -1.50
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 2.49
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 0.56
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn -53.21
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 0.74

Historic Data

Download Data
DateValue
Mar 27, 2026 0.35
Dec 31, 2025 0.35
Sep 26, 2025 0.33
Jun 27, 2025 -58.43
Mar 28, 2025 0.32
Dec 31, 2024 -4.97
Sep 27, 2024 0.34
Jun 28, 2024 3,402.00
Mar 29, 2024 0.43
Dec 31, 2023 0.34
Sep 29, 2023 0.42
Jun 30, 2023 2,208.33
Mar 31, 2023 1.63
Dec 31, 2022 -6.85
Sep 30, 2022 0.41
Jul 1, 2022 0.56
Apr 1, 2022 3,629.67
Dec 31, 2021 -12.09
Oct 1, 2021 0.54
Jul 2, 2021 2.07