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
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