Danaher (DHR) Price to Book (2009 - 2026)
Danaher (DHR) posted Price to Book of 2.62 for Q2 2026, up 8.09% on a QoQ basis from 2.43 in Q1 2026, and down 3.57% year-over-year from 2.72 in Q2 2025.
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Danaher (DHR) Price to Book (2009 - 2026) Analysis & Trends
Danaher has reported Price to Book for 18 years, with the latest figure at 2.62 in Q2 2026.
- On a quarterly basis, Price to Book fell 3.57% year-over-year to 2.62 in Q2 2026; TTM through Jun 2026 was 2.62, a 3.57% decrease from a year earlier, with the FY2025 full-year figure at 3.08, down 7.55% from the prior year.
- Price to Book was 2.62 for Q2 2026 at Danaher, up from 2.43 in the prior quarter.
- The five-year high for Price to Book was 4.5 in Q2 2022, with the low at 2.43 in Q1 2026.
- Average Price to Book over 5 years is 3.37, with a median of 3.44 recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Price to Book increased 13.47% in 2022, then plunged 34.08% in 2025.
- Over 5 years, Price to Book stood at 3.86 in 2022, then decreased by 17.16% to 3.2 in 2023, then increased by 4.2% to 3.33 in 2024, then decreased by 7.55% to 3.08 in 2025, then fell by 14.87% to 2.62 in 2026.
- The last three Price to Book figures came in at 2.62 (Q2 2026), 2.43 (Q1 2026), and 3.08 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 226.93 Bn | 222.99 Bn | 8.34 Bn |
| 2 | Danaher | 145.94 Bn | 141.60 Bn | 3.61 Bn |
| 3 | Agilent Technologies | 42.55 Bn | 40.79 Bn | 1.04 Bn |
| 4 | Illumina | 32.95 Bn | 31.78 Bn | 770.00 Mn |
| 5 | Revvity | 14.53 Bn | 13.51 Bn | 416.87 Mn |
| 6 | Bio-Techne | 11.31 Bn | 11.04 Bn | 211.39 Mn |
| 7 | Bio-Rad Laboratories | 10.34 Bn | 8.72 Bn | 345.80 Mn |
| 8 | Repligen | 9.46 Bn | 8.44 Bn | 110.04 Mn |
| 9 | Bruker | 8.91 Bn | 8.73 Bn | 416.00 Mn |
| 10 | 10x Genomics | 8.16 Bn | 7.61 Bn | 112.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 2.62 |
| Mar 27, 2026 | 2.43 |
| Dec 31, 2025 | 3.08 |
| Sep 26, 2025 | 2.56 |
| Jun 27, 2025 | 2.72 |
| Mar 28, 2025 | 2.90 |
| Dec 31, 2024 | 3.33 |
| Sep 27, 2024 | 3.88 |
| Jun 28, 2024 | 3.62 |
| Mar 29, 2024 | 3.46 |
| Dec 31, 2023 | 3.20 |
| Sep 29, 2023 | 3.50 |
| Jun 30, 2023 | 3.43 |
| Mar 31, 2023 | 3.57 |
| Dec 31, 2022 | 3.86 |
| Sep 30, 2022 | 4.00 |
| Jul 1, 2022 | 4.03 |
| Apr 1, 2022 | 4.50 |
| Dec 31, 2021 | 5.21 |
| Oct 1, 2021 | 4.97 |