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