Danaher DHR
NYSE DHR
$212.54 +4.18 (+2.01%)
As of: Sep 17, 2026 · 3:59 PM EDT

Danaher (DHR) Gross Margin (2009 - 2026)

Danaher (DHR) posted Gross Margin of 57.64% for Q2 2026, down 4.48% on a QoQ basis from 60.34% in Q1 2026, and down 171.0% year-over-year from 81.18% in Q2 2025.

Analysis

Danaher (DHR) Gross Margin (2009 - 2026) Analysis & Trends

Danaher has reported Gross Margin for 18 years, with the latest figure at 57.64% in Q2 2026.

  • On a quarterly basis, Gross Margin fell 171.0% year-over-year to 57.64% in Q2 2026; TTM through Jun 2026 was 58.51%, a 114.0% decrease from a year earlier, with the FY2025 full-year figure at 59.11%, down 39.0% from the prior year.
  • Gross Margin was 57.64% for Q2 2026 at Danaher, down from 60.34% in the prior quarter.
  • The five-year high for Gross Margin was 62.18% in Q2 2022, with the low at 56.12% in Q2 2023.
  • Average Gross Margin over 5 years is 59.49%, with a median of 59.42% recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 535 bps in 2023, then soared 357 bps in 2024.
  • Over 5 years, Gross Margin stood at 59.24% in 2022, then fell by 0 bps to 59.0% in 2023, then rose by 1 bps to 59.5% in 2024, then decreased by 3 bps to 58.0% in 2025, then declined by 1 bps to 57.64% in 2026.
  • The last three Gross Margin figures came in at 57.64% (Q2 2026), 60.34% (Q1 2026), and 58.0% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Thermo Fisher Scientific 241.68 Bn 237.61 Bn 8.34 Bn 69.57%
2 Danaher 147.34 Bn 142.99 Bn 3.61 Bn 57.64%
3 Agilent Technologies 43.34 Bn 41.59 Bn 1.04 Bn 55.48%
4 Illumina 34.58 Bn 33.41 Bn 770.00 Mn 66.44%
5 Revvity 16.31 Bn 15.29 Bn 416.87 Mn 57.13%
6 Bio-Techne 11.28 Bn 11.01 Bn 211.39 Mn 65.82%
7 Bio-Rad Laboratories 10.16 Bn 8.54 Bn 345.80 Mn 53.12%
8 Repligen 9.77 Bn 8.75 Bn 110.04 Mn 53.91%
9 10x Genomics 9.45 Bn 8.90 Bn 112.50 Mn 74.48%
10 Bruker 9.26 Bn 9.04 Bn 416.00 Mn 49.61%
Historic Data

Historic Data

Download Data
DateValue
Jun 26, 2026 57.64%
Mar 27, 2026 60.34%
Dec 31, 2025 58.00%
Sep 26, 2025 58.20%
Jun 27, 2025 59.35%
Mar 28, 2025 61.16%
Dec 31, 2024 59.50%
Sep 27, 2024 58.66%
Jun 28, 2024 59.69%
Mar 29, 2024 60.16%
Dec 31, 2023 59.00%
Sep 29, 2023 58.23%
Jun 30, 2023 56.12%
Mar 31, 2023 61.56%
Dec 31, 2022 59.24%
Sep 30, 2022 60.28%
Jul 1, 2022 61.47%
Apr 1, 2022 62.18%
Dec 31, 2021 63.77%
Oct 1, 2021 60.30%