Danaher (DHR) Invested Capital (2009 - 2026)
Danaher's Invested Capital was $79.15 billion in Q2 2026, up 13.6% from $69.7 billion a year earlier and up 10.8% from the prior quarter.
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Analysis
Danaher (DHR) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Invested Capital at Danaher came in at $70.96 billion, up 8.2% from FY2024.
- Invested Capital shows a five-year compound annual growth rate of 3.1% (FY2020 to FY2025).
- In earlier years, Invested Capital was $65.56 billion in FY2024 (-8.8%), $71.89 billion in FY2023 (+3.0%), $69.77 billion in FY2022 (+3.6%) and $67.35 billion in FY2021 (+10.4%).
- The Q2 2026 figure marks the highest quarterly Invested Capital in data going back to Q2 2009.
- Compared with a year earlier, Invested Capital has increased for three straight quarters, with growth averaging 1.1% over the last eight quarters.
- The best year-over-year quarter for Invested Capital over five years was Q2 2026 (growth of 13.6%); the worst was Q4 2024 (a decline of 8.8%).
- Per Business Quant data, DHR's Invested Capital in the three quarters before Q2 2026 was $71.44 billion (Q1 2026), $70.96 billion (Q4 2025) and $67.94 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 95.24 Bn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 84.37 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 79.15 Bn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | - |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 79.00 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 38.93 Bn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 37.80 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 41.22 Bn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 11.32 Bn |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 7.67 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 79.15 Bn |
| Mar 27, 2026 | 71.44 Bn |
| Dec 31, 2025 | 70.96 Bn |
| Sep 26, 2025 | 67.94 Bn |
| Jun 27, 2025 | 69.70 Bn |
| Mar 28, 2025 | 67.33 Bn |
| Dec 31, 2024 | 65.56 Bn |
| Sep 27, 2024 | 68.83 Bn |
| Jun 28, 2024 | 66.91 Bn |
| Mar 29, 2024 | 71.61 Bn |
| Dec 31, 2023 | 71.89 Bn |
| Sep 29, 2023 | 74.48 Bn |
| Jun 30, 2023 | 71.60 Bn |
| Mar 31, 2023 | 71.32 Bn |
| Dec 31, 2022 | 69.77 Bn |
| Sep 30, 2022 | 66.24 Bn |
| Jul 1, 2022 | 66.66 Bn |
| Apr 1, 2022 | 68.14 Bn |
| Dec 31, 2021 | 67.35 Bn |
| Oct 1, 2021 | 67.06 Bn |
API Access
Danaher Invested Capital 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=invested-capital&ticker=DHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=DHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();