Danaher (DHR) Price to Earnings (2009 - 2026)
Danaher's (DHR) Price to Earnings was 34.44 for Q2 2026, down 17.4% from 41.70 a year earlier and down 1.1% from the prior quarter.
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Analysis
Danaher (DHR) Price to Earnings (2009 - 2026) Analysis & Trends
For FY2025, Price to Earnings at Danaher was 44.78, up 5.8% from FY2024.
- Price to Earnings has increased for three consecutive years.
- By year, Price to Earnings came in at 42.34 in FY2024 (+17.4%), 36.05 in FY2023 (+49.4%), 24.13 in FY2022 (-27.5%) and 33.27 in FY2021 (-16.6%).
- The Q2 2026 figure ranks as the lowest quarterly Price to Earnings since Q3 2023.
- Year over year, Price to Earnings gained in three of the last eight quarters, with growth averaging 5.3%.
- The high point for year-over-year Price to Earnings in five years was Q3 2024 (growth of 84.7%); the low point was Q4 2022 (a decline of 27.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 34.82 (Q1 2026), 44.78 (Q4 2025) and 37.27 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn |
| 10 | Agilent Technologies | 47.29 Bn | 40.18 Bn | 1.04 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 34.44 |
| Mar 27, 2026 | 34.82 |
| Dec 31, 2025 | 44.78 |
| Sep 26, 2025 | 37.27 |
| Jun 27, 2025 | 41.70 |
| Mar 28, 2025 | 39.13 |
| Dec 31, 2024 | 42.34 |
| Sep 27, 2024 | 51.11 |
| Jun 28, 2024 | 43.04 |
| Mar 29, 2024 | 42.01 |
| Dec 31, 2023 | 36.05 |
| Sep 29, 2023 | 27.67 |
| Jun 30, 2023 | 24.95 |
| Mar 31, 2023 | 23.79 |
| Dec 31, 2022 | 24.13 |
| Sep 30, 2022 | 25.10 |
| Jul 1, 2022 | 26.81 |
| Apr 1, 2022 | 29.43 |
| Dec 31, 2021 | 33.27 |
| Oct 1, 2021 | 33.47 |
API Access
Danaher Price to Earnings 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=price-to-earnings&ticker=DHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=DHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();