Danaher (DHR) FCF Payout Ratio (2009 - 2026)
Danaher (DHR) posted quarterly FCF Payout Ratio of 0.22 for Q2 2026, up 6.48% year-over-year from 0.21 in Q2 2025, and up 7.4% quarter-over-quarter from 0.21 in Q1 2026.
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 0.22 for Q2 2026.
- In Q2 2026, FCF Payout Ratio rose 6.48% year-over-year to 0.22; the TTM figure through Jun 2026 stood at 0.18 (up 5.34% YoY), while the FY2025 annual figure was 0.17, up 15.11% from the prior year.
- FCF Payout Ratio for Q2 2026 stood at 0.22, up from 0.21 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.39 in Q4 2023, with the low at 0.09 in Q4 2022.
- The 5-year median for FCF Payout Ratio is 0.14 (2023), against an average of 0.16.
- The sharpest annual moves came in 2023 and 2024: FCF Payout Ratio surged 333.03% in 2023, then sank 66.85% in 2024.
- Danaher's FCF Payout Ratio stood at 0.09 in 2022, then soared by 333.03% to 0.39 in 2023, then tumbled by 66.85% to 0.13 in 2024, then fell by 0.23% to 0.13 in 2025, then surged by 72.84% to 0.22 in 2026.
- Business Quant data shows DHR's FCF Payout Ratio at 0.22 in Q2 2026, 0.21 in Q1 2026, and 0.13 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 213.96 Bn | 209.90 Bn | 8.34 Bn | 0.10 |
| 2 | Danaher | 140.29 Bn | 135.94 Bn | 3.61 Bn | 0.22 |
| 3 | Idexx Laboratories | 46.08 Bn | 45.88 Bn | 779.09 Mn | - |
| 4 | Agilent Technologies | 39.78 Bn | 37.97 Bn | 990.00 Mn | 0.36 |
| 5 | Iqvia Holdings | 39.43 Bn | 37.35 Bn | 1.44 Bn | - |
| 6 | Natera | 38.72 Bn | 37.62 Bn | 696.04 Mn | - |
| 7 | Illumina | 30.05 Bn | 28.88 Bn | 770.00 Mn | - |
| 8 | Mettler Toledo International | 28.63 Bn | 28.58 Bn | 650.22 Mn | - |
| 9 | Quest Diagnostics | 26.17 Bn | 25.54 Bn | 1.03 Bn | 0.21 |
| 10 | Labcorp Holdings | 25.89 Bn | 24.91 Bn | 1.01 Bn | 0.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 26, 2026 | 0.22 |
| 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 | 0.39 |
| Sep 29, 2023 | 0.15 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.13 |
| Dec 31, 2022 | 0.09 |
| Sep 30, 2022 | 0.12 |
| Jul 1, 2022 | 0.13 |
| Apr 1, 2022 | 0.11 |
| Dec 31, 2021 | 0.10 |
| Oct 1, 2021 | 0.11 |