Danaher (DHR) Interest Coverage Ratio (2009 - 2026)
Danaher's Interest Coverage Ratio was 9.22 in Q3 2026, down 46.5% from 17.22 a year earlier and down 12.4% from the prior quarter.
Danaher (DHR) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Danaher's Interest Coverage Ratio was 14.49 through Sep 25, 2026, down 14.8% year-over-year; for FY2025, it was 17.70, up 1.2% from FY2024.
- In earlier years, Interest Coverage Ratio was 17.49 in FY2024 (-3.8%), 18.19 in FY2023 (-50.8%), 36.94 in FY2022 (+33.8%) and 27.61 in FY2021 (+79.4%).
- The Q3 2026 figure marks the lowest quarterly Interest Coverage Ratio in data going back to Q1 2009.
- Compared with a year earlier, Interest Coverage Ratio was higher in four of the last eight quarters, with growth averaging 5.2%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q3 2022 (growth of 93.6%); the worst was Q3 2023 (a decline of 58.6%).
- Per Business Quant data, DHR's Interest Coverage Ratio in the three quarters before Q3 2026 was 10.53 (Q2 2026), 21.33 (Q1 2026) and 27.31 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 257.79 Bn | 234.30 Bn | 5.13 Bn | 5.43 |
| 2 | Abbott Laboratories | 190.83 Bn | 164.70 Bn | 7.39 Bn | 3.88 |
| 3 | Danaher | 162.10 Bn | 141.75 Bn | 3.84 Bn | 9.22 |
| 4 | Intuitive Surgical | 158.05 Bn | 138.34 Bn | 2.08 Bn | - |
| 5 | Medtronic | 130.31 Bn | 95.56 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 124.76 Bn | 110.95 Bn | 4.25 Bn | 7.23 |
| 7 | Boston Scientific | 62.03 Bn | 57.46 Bn | 3.43 Bn | 8.28 |
| 8 | Edwards Lifesciences | 58.73 Bn | 41.94 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 58.33 Bn | 55.48 Bn | 2.32 Bn | 5.02 |
| 10 | Agilent Technologies | 49.29 Bn | 42.18 Bn | 1.04 Bn | 15.31 |
Historic Data
| Date | Value |
|---|---|
| Sep 25, 2026 | 9.22 |
| Jun 26, 2026 | 10.53 |
| Mar 27, 2026 | 21.33 |
| Dec 31, 2025 | 27.31 |
| Sep 26, 2025 | 17.22 |
| Jun 27, 2025 | 10.70 |
| Mar 28, 2025 | 17.69 |
| Dec 31, 2024 | 23.36 |
| Sep 27, 2024 | 11.01 |
| Jun 28, 2024 | 17.97 |
| Mar 29, 2024 | 20.18 |
| Dec 31, 2023 | 15.73 |
| Sep 29, 2023 | 16.93 |
| Jun 30, 2023 | 17.89 |
| Mar 31, 2023 | 22.98 |
| Dec 31, 2022 | 35.04 |
| Sep 30, 2022 | 40.88 |
| Jul 1, 2022 | 37.08 |
| Apr 1, 2022 | 35.76 |
| Dec 31, 2021 | 21.76 |
Danaher Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=DHR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "DHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=DHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();