Danaher (DHR) Operating Margin (2009 - 2026)

Danaher (DHR) has reported Operating Margin for 18 consecutive years, with 22.58% the latest figure, recorded in Q1 2026.

• In Q1 2026, Operating Margin rose 39.0% year-over-year to 22.58%; the TTM figure through Mar 2026 stood at 19.21% (down 105.0% YoY), while the FY2025 annual figure was 19.09%, down 128.0% from the prior year.
• Operating Margin came in at 22.58% for Q1 2026 at Danaher, up from 21.97% in the prior quarter.
• The five-year high for Operating Margin was 29.59% in Q2 2022, with the low at 12.8% in Q2 2025.
• Average Operating Margin over 5 years is 22.36%, with a median of 21.97% recorded in 2025.
• Across the five-year window, Operating Margin jumped 849 bps in 2022 and slumped 930 bps in 2023, its largest moves.
• Year by year, Operating Margin stood at 27.99% in 2022, then dropped by 25 bps to 20.87% in 2023, then gained by 4 bps to 21.8% in 2024, then gained by 1 bps to 21.97% in 2025, then grew by 3 bps to 22.58% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 22.58%, 21.97%, and 19.06% for Q1 2026, Q4 2025, and Q3 2025 respectively.