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

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

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

Danaher's Debt to Equity history runs 18 years deep, the most recent figure standing at $0.35 for 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 was $0.35 for Q1 2026 at Danaher, roughly flat from $0.35 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $3629.7 in Q2 2022 to a low of -$58.43 in Q2 2025.
  • Historically, Debt to Equity has averaged $539.72 across 5 years, with a median of $0.35 in 2025.
  • The sharpest annual moves came in 2022 and 2024: Debt to Equity jumped 513104.83% in 2022, then plunged 1545.7% in 2024.
  • A 5-year view of Debt to Equity shows it stood at -$6.85 in 2022, then soared by 105.02% to $0.34 in 2023, then slumped by 1545.7% to -$4.97 in 2024, then jumped by 107.05% to $0.35 in 2025, then decreased by 0.41% to $0.35 in 2026.
  • The last three Debt to Equity figures came in at $0.35 (Q1 2026), $0.35 (Q4 2025), and $0.33 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 0.32
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 0.83
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 0.35
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 0.53
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn -1.50
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 2.49
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 0.01
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 0.56
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn -53.21
10 Quest Diagnostics 21.68 Bn 21.59 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