Danaher DHR
NYSE DHR
$212.54 +4.18 (+2.01%)
As of: Sep 17, 2026 · 3:59 PM EDT

Danaher (DHR) FCF Margin (2009 - 2026)

Danaher (DHR) posted FCF Margin of 20.19% for Q2 2026, up 10.75% on a QoQ basis from 18.23% in Q1 2026, and up 183.0% year-over-year from 7.13% in Q2 2025.

Analysis

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

Danaher has reported FCF Margin for 18 years, with the latest figure at 20.19% in Q2 2026.

  • On a quarterly basis, FCF Margin rose 183.0% year-over-year to 20.19% in Q2 2026; TTM through Jun 2026 was 21.77%, a 152.0% increase from a year earlier, with the FY2025 full-year figure at 21.41%, down 77.0% from the prior year.
  • FCF Margin was 20.19% for Q2 2026 at Danaher, up from 18.23% in the prior quarter.
  • The five-year high for FCF Margin was 31.48% in Q4 2022, with the low at 18.23% in Q1 2026.
  • Average FCF Margin over 5 years is 23.33%, with a median of 23.21% recorded in 2024.
  • The sharpest annual moves came in 2022 and 2024: FCF Margin slumped 2477 bps in 2022, then surged 449 bps in 2024.
  • Over 5 years, FCF Margin stood at 31.48% in 2022, then plunged by 41 bps to 18.5% in 2023, then climbed by 24 bps to 22.99% in 2024, then climbed by 11 bps to 25.53% in 2025, then fell by 21 bps to 20.19% in 2026.
  • The last three FCF Margin figures came in at 20.19% (Q2 2026), 18.23% (Q1 2026), and 25.53% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Thermo Fisher Scientific 241.68 Bn 237.61 Bn 8.34 Bn 13.97%
2 Danaher 147.34 Bn 142.99 Bn 3.61 Bn 20.19%
3 Agilent Technologies 43.34 Bn 41.59 Bn 1.04 Bn 23.38%
4 Illumina 34.58 Bn 33.41 Bn 770.00 Mn 13.89%
5 Revvity 16.31 Bn 15.29 Bn 416.87 Mn 24.79%
6 Bio-Techne 11.28 Bn 11.01 Bn 211.39 Mn 27.07%
7 Bio-Rad Laboratories 10.16 Bn 8.54 Bn 345.80 Mn 10.25%
8 Repligen 9.77 Bn 8.75 Bn 110.04 Mn 13.44%
9 10x Genomics 9.45 Bn 8.90 Bn 112.50 Mn 10.19%
10 Bruker 9.26 Bn 9.04 Bn 416.00 Mn -12.67%
Historic Data

Historic Data

Download Data
DateValue
Jun 26, 2026 20.19%
Mar 27, 2026 18.23%
Dec 31, 2025 25.53%
Sep 26, 2025 22.63%
Jun 27, 2025 18.36%
Mar 28, 2025 18.36%
Dec 31, 2024 22.99%
Sep 27, 2024 20.96%
Jun 28, 2024 19.68%
Mar 29, 2024 24.98%
Dec 31, 2023 18.50%
Sep 29, 2023 23.44%
Jun 30, 2023 27.01%
Mar 31, 2023 28.26%
Dec 31, 2022 31.48%
Sep 30, 2022 26.85%
Jul 1, 2022 26.10%
Apr 1, 2022 26.33%
Dec 31, 2021 56.25%
Oct 1, 2021 23.74%