Danaher (DHR) FCF Payout Ratio (2009 - 2026)
Danaher (DHR) recorded quarterly FCF Payout Ratio of 0.21 in Q1 2026, up 60.92% quarter-over-quarter from 0.13 in Q4 2025, and up 13.17% on a YoY basis from 0.18 in Q1 2025.
Danaher (DHR) FCF Payout Ratio (2009 - 2026) Analysis & Trends
Danaher's FCF Payout Ratio history runs 18 years deep, the most recent figure standing at 0.21 for Q1 2026.
- In Q1 2026, FCF Payout Ratio rose 13.17% year-over-year to 0.21; the TTM figure through Mar 2026 stood at 0.17 (up 7.4% YoY), while the FY2025 annual figure was 0.17, up 15.11% from the prior year.
- FCF Payout Ratio was 0.21 for Q1 2026 at Danaher, up from 0.13 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.21 in Q2 2025 to a low of 0.09 in Q4 2022.
- Historically, FCF Payout Ratio has averaged 0.15 across 5 years, with a median of 0.14 in 2023.
- The sharpest annual moves came in 2022 and 2023: FCF Payout Ratio tumbled 51.16% in 2022, then jumped 86.73% in 2023.
- A 5-year view of FCF Payout Ratio shows it stood at 0.09 in 2022, then surged by 86.73% to 0.17 in 2023, then fell by 23.13% to 0.13 in 2024, then retreated by 0.23% to 0.13 in 2025, then surged by 60.92% to 0.21 in 2026.
- The last three FCF Payout Ratio figures came in at 0.21 (Q1 2026), 0.13 (Q4 2025), and 0.17 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 30,529.42 Bn | 30,528.96 Bn | 1.11 Bn | - |
| 2 | Thermo Fisher Scientific | 183.75 Bn | 180.50 Bn | 7.74 Bn | 0.20 |
| 3 | Danaher | 133.13 Bn | 127.43 Bn | 3.59 Bn | 0.21 |
| 4 | Idexx Laboratories | 46.14 Bn | 45.94 Bn | 722.74 Mn | - |
| 5 | Agilent Technologies | 38.20 Bn | 36.39 Bn | 990.00 Mn | 0.36 |
| 6 | Natera | 31.50 Bn | 30.40 Bn | 696.04 Mn | - |
| 7 | Iqvia Holdings | 31.34 Bn | 29.36 Bn | 1.36 Bn | - |
| 8 | Illumina | 24.51 Bn | 23.36 Bn | 721.00 Mn | - |
| 9 | Mettler Toledo International | 23.53 Bn | 23.47 Bn | 555.82 Mn | - |
| 10 | Quest Diagnostics | 22.51 Bn | 22.42 Bn | 942.00 Mn | 0.54 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 27, 2026 | 0.21 |
| Dec 31, 2025 | 0.13 |
| Sep 26, 2025 | 0.17 |
| Jun 27, 2025 | 0.21 |
| Mar 28, 2025 | 0.18 |
| Dec 31, 2024 | 0.13 |
| Sep 27, 2024 | 0.16 |
| Jun 28, 2024 | 0.18 |
| Mar 29, 2024 | 0.12 |
| Dec 31, 2023 | 0.17 |
| Sep 29, 2023 | 0.15 |
| Jun 30, 2023 | 0.14 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.12 |
| Jul 1, 2022 | 0.13 |
| Apr 1, 2022 | 0.11 |
| Dec 31, 2021 | 0.19 |
| Oct 1, 2021 | 0.11 |
| Jul 2, 2021 | 0.11 |