Danaher (DHR) Return on Capital Employed (2009 - 2026)

Danaher (DHR) posted quarterly Return on Capital Employed of 6.26% for Q1 2026, down 47.0% year-over-year from 11.81% in Q1 2025, and little changed on a QoQ basis from 6.26% in Q4 2025.

Danaher (DHR) Return on Capital Employed (2009 - 2026) Analysis & Trends

Danaher (DHR) has reported Return on Capital Employed for 18 consecutive years, with 6.26% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Return on Capital Employed fell 47.0% year-over-year to 6.26%; the TTM figure through Mar 2026 stood at 6.26% (down 47.0% YoY), while the FY2025 annual figure was 6.36%, down 19.0% from the prior year.
  • Return on Capital Employed came in at 6.26% for Q1 2026 at Danaher, roughly flat from 6.26% in the prior quarter.
  • The five-year high for Return on Capital Employed was 10.14% in Q4 2022, with the low at 6.0% in Q2 2025.
  • Average Return on Capital Employed over 5 years is 7.4%, with a median of 6.73% recorded in 2025.
  • Across the five-year window, Return on Capital Employed jumped 161 bps in 2022 and slumped 346 bps in 2023, its largest moves.
  • Year by year, Return on Capital Employed stood at 10.14% in 2022, then tumbled by 34 bps to 6.68% in 2023, then grew by 1 bps to 6.73% in 2024, then dropped by 7 bps to 6.26% in 2025, then declined by 0 bps to 6.26% in 2026.
  • According to Business Quant data, Return on Capital Employed over the past three periods registered 6.26%, 6.26%, and 6.2% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 4.82%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 8.12%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 6.26%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 67.98%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -3.63%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 14.57%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 10.24%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 16.90%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 45.73%
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 11.27%

Historic Data

Download Data
DateValue
Mar 27, 2026 6.26%
Dec 31, 2025 6.26%
Sep 26, 2025 6.20%
Jun 27, 2025 6.00%
Mar 28, 2025 6.73%
Dec 31, 2024 6.73%
Sep 27, 2024 6.61%
Jun 28, 2024 6.73%
Mar 29, 2024 6.56%
Dec 31, 2023 6.68%
Sep 29, 2023 7.62%
Jun 30, 2023 8.35%
Mar 31, 2023 9.38%
Dec 31, 2022 10.14%
Sep 30, 2022 9.00%
Jul 1, 2022 8.26%
Apr 1, 2022 8.33%
Dec 31, 2021 8.54%
Oct 1, 2021 9.47%
Jul 2, 2021 9.57%