Danaher (DHR) EBITDA Margin (2009 - 2026)

Danaher (DHR) posted quarterly EBITDA Margin of 22.58% for Q1 2026, up 39.0% year-over-year from 16.25% in Q1 2025, and up 2.82% on a QoQ basis from 21.97% in Q4 2025.

Danaher (DHR) EBITDA Margin (2009 - 2026) Analysis & Trends

Danaher (DHR) has reported EBITDA Margin for 18 consecutive years, with 22.58% the latest figure, recorded in Q1 2026.

  • In Q1 2026, EBITDA Margin rose 39.0% year-over-year to 22.58%; the TTM figure through Mar 2026 stood at 19.21% (down 105.0% YoY), while the FY2025 annual figure was 19.09%, down 128.0% from the prior year.
  • EBITDA Margin came in at 22.58% for Q1 2026 at Danaher, up from 21.97% in the prior quarter.
  • The five-year high for EBITDA Margin was 29.59% in Q2 2022, with the low at 12.8% in Q2 2025.
  • Average EBITDA Margin over 5 years is 22.36%, with a median of 21.97% recorded in 2025.
  • Across the five-year window, EBITDA Margin jumped 849 bps in 2022 and slumped 930 bps in 2023, its largest moves.
  • Year by year, EBITDA Margin stood at 27.99% in 2022, then dropped by 25 bps to 20.87% in 2023, then gained by 4 bps to 21.8% in 2024, then gained by 1 bps to 21.97% in 2025, then grew by 3 bps to 22.58% in 2026.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 22.58%, 21.97%, and 19.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -3.71%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 16.93%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 22.58%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 31.78%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -12.21%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 21.74%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 12.38%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 19.16%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.42%
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 13.78%

Historic Data

Download Data
DateValue
Mar 27, 2026 22.58%
Dec 31, 2025 21.97%
Sep 26, 2025 19.06%
Jun 27, 2025 12.80%
Mar 28, 2025 22.19%
Dec 31, 2024 21.80%
Sep 27, 2024 16.52%
Jun 28, 2024 20.34%
Mar 29, 2024 22.64%
Dec 31, 2023 20.87%
Sep 29, 2023 21.07%
Jun 30, 2023 19.67%
Mar 31, 2023 25.50%
Dec 31, 2022 27.99%
Sep 30, 2022 26.60%
Jul 1, 2022 28.97%
Apr 1, 2022 29.59%
Dec 31, 2021 30.48%
Oct 1, 2021 18.11%
Jul 2, 2021 27.78%