Danaher (DHR) EBITDA Margin (2009 - 2026)
Danaher (DHR) reported EBITDA Margin of 28.51% for Q2 2026, up 5.41 percentage points from 23.10% a year earlier but down 4.61 percentage points from the prior quarter.
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Analysis
Danaher (DHR) EBITDA Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 26, 2026, Danaher's EBITDA Margin came in at 30.51%, up 2.17 percentage points year-over-year; for FY2025, it came in at 29.06%, down 1.16 percentage points from FY2024.
- EBITDA Margin has declined for three consecutive years, though with a five-year change of +2.11 percentage points (FY2020 to FY2025).
- By year, EBITDA Margin came in at 30.22% in FY2024 (-0.66 pp), 30.88% in FY2023 (-5.41 pp), 36.29% in FY2022 (+2.26 pp) and 34.03% in FY2021 (+7.07 pp).
- Five-year quarterly EBITDA Margin spans a low of 23.10% in Q2 2025 and a high of 44.24% in Q4 2021.
- Year over year, EBITDA Margin has now increased in each of the last four quarters, with an average year-over-year change of -0.17 percentage points over the last eight quarters.
- The high point for year-over-year EBITDA Margin in five years was Q4 2021 (a gain of 13.04 percentage points); the low point was Q4 2022 (a drop of 9.59 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 33.12% (Q1 2026), 31.12% (Q4 2025) and 29.34% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 24.20% |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 21.86% |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 28.51% |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 41.08% |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 25.55% |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 29.67% |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 28.17% |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 24.62% |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 31.93% |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 27.16% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 28.51% |
| Mar 27, 2026 | 33.12% |
| Dec 31, 2025 | 31.12% |
| Sep 26, 2025 | 29.34% |
| Jun 27, 2025 | 23.10% |
| Mar 28, 2025 | 32.49% |
| Dec 31, 2024 | 30.90% |
| Sep 27, 2024 | 26.72% |
| Jun 28, 2024 | 30.44% |
| Mar 29, 2024 | 32.75% |
| Dec 31, 2023 | 29.73% |
| Sep 29, 2023 | 30.55% |
| Jun 30, 2023 | 28.81% |
| Mar 31, 2023 | 34.49% |
| Dec 31, 2022 | 34.65% |
| Sep 30, 2022 | 34.97% |
| Jul 1, 2022 | 37.42% |
| Apr 1, 2022 | 38.25% |
| Dec 31, 2021 | 44.24% |
| Oct 1, 2021 | 25.77% |
API Access
Danaher EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=DHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "DHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=DHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();