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| Date | Value |
|---|---|
| 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% |