Danaher (DHR) EBT Margin (2009 - 2026)
Danaher (DHR) recorded quarterly EBT Margin of 20.75% in Q1 2026, up 3.36% quarter-over-quarter from 20.08% in Q4 2025, and up 109.0% on a YoY basis from 9.93% in Q1 2025.
Danaher (DHR) EBT Margin (2009 - 2026) Analysis & Trends
Danaher's EBT Margin history runs 18 years deep, the most recent figure standing at 20.75% for Q1 2026.
- In Q1 2026, EBT Margin rose 109.0% year-over-year to 20.75%; the TTM figure through Mar 2026 stood at 17.51% (down 140.0% YoY), while the FY2025 annual figure was 17.23%, down 223.0% from the prior year.
- EBT Margin was 20.75% for Q1 2026 at Danaher, up from 20.08% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 32.16% in Q2 2022 to a low of 11.03% in Q2 2025.
- Historically, EBT Margin has averaged 21.18% across 5 years, with a median of 20.08% in 2025.
- Biggest YoY gain for EBT Margin was 1073 bps in 2022; the steepest drop was 1386 bps in 2022.
- A 5-year view of EBT Margin shows it stood at 14.68% in 2022, then surged by 31 bps to 19.23% in 2023, then grew by 5 bps to 20.11% in 2024, then dropped by 0 bps to 20.08% in 2025, then advanced by 3 bps to 20.75% in 2026.
- The last three EBT Margin figures came in at 20.75% (Q1 2026), 20.08% (Q4 2025), and 17.78% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | -6.95% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 15.76% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 20.75% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 31.16% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 22.23% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 7.90% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -12.17% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.39% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 22.14% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 11.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 27, 2026 | 20.75% |
| Dec 31, 2025 | 20.08% |
| Sep 26, 2025 | 17.78% |
| Jun 27, 2025 | 11.03% |
| Mar 28, 2025 | 19.67% |
| Dec 31, 2024 | 20.11% |
| Sep 27, 2024 | 16.85% |
| Jun 28, 2024 | 18.86% |
| Mar 29, 2024 | 21.93% |
| Dec 31, 2023 | 19.23% |
| Sep 29, 2023 | 20.39% |
| Jun 30, 2023 | 19.32% |
| Mar 31, 2023 | 25.60% |
| Dec 31, 2022 | 14.68% |
| Sep 30, 2022 | 29.91% |
| Jul 1, 2022 | 31.69% |
| Apr 1, 2022 | 32.16% |
| Dec 31, 2021 | 28.54% |
| Oct 1, 2021 | 19.19% |
| Jul 2, 2021 | 28.30% |