Danaher (DHR) Net Margin (2009 - 2026)

Danaher (DHR) posted quarterly Net Margin of 13.89% for Q2 2026, up 454.0% year-over-year from 2.51% in Q2 2025, and down 19.69% quarter-over-quarter from 17.29% in Q1 2026.

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

Danaher's Net Margin history runs 18 years deep, the most recent figure standing at 13.89% for Q2 2026.

  • In Q2 2026, Net Margin rose 454.0% year-over-year to 13.89%; the TTM figure through Jun 2026 stood at 15.89% (up 168.0% YoY), while the FY2025 annual figure was 14.71%, down 162.0% from the prior year.
  • Net Margin for Q2 2026 stood at 13.89%, down from 17.29% in the prior quarter.
  • The five-year high for Net Margin was 30.98% in Q4 2022, with the low at 9.35% in Q2 2025.
  • The 5-year median for Net Margin is 17.3% (2025), against an average of 18.92%.
  • Peak annual rise in Net Margin reached 858 bps in 2022, while the deepest fall reached 1898 bps in 2022.
  • Danaher's Net Margin stood at 30.98% in 2022, then tumbled by 46 bps to 16.85% in 2023, then retreated by 1 bps to 16.61% in 2024, then climbed by 4 bps to 17.3% in 2025, then slipped by 20 bps to 13.89% in 2026.
  • Business Quant data shows DHR's Net Margin at 13.89% in Q2 2026, 17.29% in Q1 2026, and 17.3% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Thermo Fisher Scientific 213.96 Bn 209.90 Bn 8.34 Bn 14.65%
2 Danaher 140.29 Bn 135.94 Bn 3.61 Bn 13.89%
3 Idexx Laboratories 46.08 Bn 45.88 Bn 779.09 Mn 27.82%
4 Agilent Technologies 39.78 Bn 37.97 Bn 990.00 Mn 18.47%
5 Iqvia Holdings 39.43 Bn 37.35 Bn 1.44 Bn 5.52%
6 Natera 38.72 Bn 37.62 Bn 696.04 Mn -12.22%
7 Illumina 30.05 Bn 28.88 Bn 770.00 Mn 17.86%
8 Mettler Toledo International 28.63 Bn 28.58 Bn 650.22 Mn 22.67%
9 Quest Diagnostics 26.17 Bn 25.54 Bn 1.03 Bn 10.65%
10 Labcorp Holdings 25.89 Bn 24.91 Bn 1.01 Bn 7.86%

Historic Data

Download Data
DateValue
Jun 26, 2026 13.89%
Mar 27, 2026 17.29%
Dec 31, 2025 17.30%
Sep 26, 2025 15.00%
Jun 27, 2025 9.35%
Mar 28, 2025 16.62%
Dec 31, 2024 16.61%
Sep 27, 2024 14.11%
Jun 28, 2024 15.79%
Mar 29, 2024 18.77%
Dec 31, 2023 16.85%
Sep 29, 2023 20.07%
Jun 30, 2023 18.71%
Mar 31, 2023 24.02%
Dec 31, 2022 30.98%
Sep 30, 2022 24.03%
Jul 1, 2022 25.40%
Apr 1, 2022 25.80%
Dec 31, 2021 49.96%
Oct 1, 2021 15.45%