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
DateValue
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%