Danaher (DHR) FCF Payout Ratio (2009 - 2026)

Danaher (DHR) posted quarterly FCF Payout Ratio of 0.21 for Q1 2026, up 13.17% year-over-year from 0.18 in Q1 2025, and up 60.92% on a QoQ basis from 0.13 in Q4 2025.

Danaher (DHR) FCF Payout Ratio (2009 - 2026) Analysis & Trends

Danaher (DHR) has reported FCF Payout Ratio for 18 consecutive years, with 0.21 the latest figure, recorded in 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 came in at 0.21 for Q1 2026 at Danaher, up from 0.13 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 0.21 in Q2 2025, with the low at 0.09 in Q4 2022.
  • Average FCF Payout Ratio over 5 years is 0.15, with a median of 0.14 recorded in 2023.
  • Across the five-year window, FCF Payout Ratio plunged 51.16% in 2022 and jumped 86.73% in 2023, its largest moves.
  • Year by year, FCF Payout Ratio stood at 0.09 in 2022, then surged by 86.73% to 0.17 in 2023, then slipped by 23.13% to 0.13 in 2024, then dropped by 0.23% to 0.13 in 2025, then surged by 60.92% to 0.21 in 2026.
  • According to Business Quant data, FCF Payout Ratio over the past three periods registered 0.21, 0.13, and 0.17 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 0.20
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 0.21
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn -
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 0.36
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn -
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn -
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn -
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 0.54

Historic Data

Download Data
DateValue
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