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

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

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

Danaher's Free Cash Flow history runs 18 years deep, the most recent figure standing at $1.1 billion for 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 was $1.1 billion for Q1 2026 at Danaher, down from $1.7 billion in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $2.2 billion in Q4 2022 to a low of $1.1 billion in Q1 2025.
  • Historically, Free Cash Flow has averaged $1.5 billion across 5 years, with a median of $1.4 billion in 2024.
  • The sharpest annual moves came in 2022 and 2023: Free Cash Flow soared 117.64% in 2022, then sank 47.24% in 2023.
  • A 5-year view of Free Cash Flow shows it stood at $2.2 billion in 2022, then tumbled by 47.24% to $1.2 billion in 2023, then climbed by 26.84% to $1.5 billion in 2024, then rose by 16.17% to $1.7 billion in 2025, then tumbled by 37.86% to $1.1 billion in 2026.
  • The last three Free Cash Flow figures came in at $1.1 billion (Q1 2026), $1.7 billion (Q4 2025), and $1.4 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn -42.00 Mn
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 816.00 Mn
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 1.09 Bn
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 257.97 Mn
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 201.00 Mn
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 491.00 Mn
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn 18.03 Mn
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 251.00 Mn
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 122.38 Mn
10 Quest Diagnostics 21.68 Bn 21.59 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