Danaher (DHR) EBITDA Margin (2009 - 2026)
Danaher (DHR) posted EBITDA Margin of 17.99% for Q2 2026, down 20.35% on a QoQ basis from 22.58% in Q1 2026, and up 519.0% year-over-year from 2.91% in Q2 2025.
Analysis
Danaher (DHR) EBITDA Margin (2009 - 2026) Analysis & Trends
Danaher has reported EBITDA Margin for 18 years, with the latest figure at 17.99% in Q2 2026.
- On a quarterly basis, EBITDA Margin rose 519.0% year-over-year to 17.99% in Q2 2026; TTM through Jun 2026 was 20.42%, a 203.0% increase from a year earlier, with the FY2025 full-year figure at 19.09%, down 128.0% from the prior year.
- EBITDA Margin was 17.99% for Q2 2026 at Danaher, down from 22.58% 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 22.12%, with a median of 21.88% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin surged 849 bps in 2022, then plunged 930 bps in 2023.
- Over 5 years, EBITDA Margin stood at 27.99% in 2022, then decreased by 25 bps to 20.87% in 2023, then increased by 4 bps to 21.8% in 2024, then increased by 1 bps to 21.97% in 2025, then declined by 18 bps to 17.99% in 2026.
- The last three EBITDA Margin figures came in at 17.99% (Q2 2026), 22.58% (Q1 2026), and 21.97% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn | 17.40% |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn | 17.99% |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn | 23.64% |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn | 21.14% |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn | 12.24% |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 23.13% |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn | 11.15% |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn | 6.85% |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn | -12.95% |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn | -7.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 17.99% |
| 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% |