Danaher (DHR) Free Cash Flow (2009 - 2026)

Danaher (DHR) posted quarterly Free Cash Flow of $1.1 billion for Q1 2026, up 2.94% year-over-year from $1.1 billion in Q1 2025, and down 37.86% on a QoQ basis from $1.7 billion in Q4 2025.

Danaher (DHR) Free Cash Flow (2009 - 2026) Analysis & Trends

Danaher (DHR) has reported Free Cash Flow for 18 consecutive years, with $1.1 billion the latest figure, recorded in Q1 2026.

  • In Q1 2026, Free Cash Flow rose 2.94% year-over-year to $1.1 billion; the TTM figure through Mar 2026 stood at $5.3 billion (up 7.94% YoY), while the FY2025 annual figure was $5.3 billion, down 0.68% from the prior year.
  • Free Cash Flow came in at $1.1 billion for Q1 2026 at Danaher, down from $1.7 billion in the prior quarter.
  • The five-year high for Free Cash Flow was $2.2 billion in Q4 2022, with the low at $1.1 billion in Q1 2025.
  • Average Free Cash Flow over 5 years is $1.5 billion, with a median of $1.4 billion recorded in 2024.
  • Across the five-year window, Free Cash Flow soared 117.64% in 2022 and slumped 47.24% in 2023, its largest moves.
  • Year by year, Free Cash Flow stood at $2.2 billion in 2022, then plunged by 47.24% to $1.2 billion in 2023, then rose by 26.84% to $1.5 billion in 2024, then climbed by 16.17% to $1.7 billion in 2025, then plunged by 37.86% to $1.1 billion in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered $1.1 billion, $1.7 billion, and $1.4 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn -42.00 Mn
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 816.00 Mn
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 1.09 Bn
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 257.97 Mn
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn 18.03 Mn
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 201.00 Mn
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 491.00 Mn
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 251.00 Mn
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 122.38 Mn
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 164.00 Mn

Historic Data

Download Data
DateValue
Mar 27, 2026 1.09 Bn
Mar 27, 2026 1.09 Bn
Dec 31, 2025 1.75 Bn
Dec 31, 2025 1.75 Bn
Sep 26, 2025 1.37 Bn
Sep 26, 2025 1.37 Bn
Jun 27, 2025 1.09 Bn
Jun 27, 2025 1.09 Bn
Mar 28, 2025 1.05 Bn
Mar 28, 2025 1.05 Bn
Dec 31, 2024 1.50 Bn
Dec 31, 2024 1.50 Bn
Sep 27, 2024 1.22 Bn
Sep 27, 2024 1.22 Bn
Jun 28, 2024 1.13 Bn
Jun 28, 2024 1.13 Bn
Mar 29, 2024 1.45 Bn
Mar 29, 2024 1.45 Bn
Dec 31, 2023 1.19 Bn
Dec 31, 2023 1.19 Bn