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

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

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

Danaher's Return on Capital Employed history runs 18 years deep, the most recent figure standing at 6.26% for 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 was 6.26% for Q1 2026 at Danaher, roughly flat from 6.26% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 10.14% in Q4 2022 to a low of 6.0% in Q2 2025.
  • Historically, Return on Capital Employed has averaged 7.4% across 5 years, with a median of 6.73% in 2025.
  • The sharpest annual moves came in 2022 and 2023: Return on Capital Employed jumped 161 bps in 2022, then sank 346 bps in 2023.
  • A 5-year view of Return on Capital Employed shows it stood at 10.14% in 2022, then slumped by 34 bps to 6.68% in 2023, then gained by 1 bps to 6.73% in 2024, then retreated by 7 bps to 6.26% in 2025, then decreased by 0 bps to 6.26% in 2026.
  • The last three Return on Capital Employed figures came in at 6.26% (Q1 2026), 6.26% (Q4 2025), and 6.2% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Waters 29,902.70 Bn 29,902.24 Bn 1.11 Bn 4.82%
2 Thermo Fisher Scientific 175.99 Bn 172.74 Bn 7.74 Bn 8.12%
3 Danaher 129.87 Bn 124.18 Bn 3.59 Bn 6.26%
4 Idexx Laboratories 44.75 Bn 44.55 Bn 722.74 Mn 67.98%
5 Agilent Technologies 37.52 Bn 35.72 Bn 990.00 Mn 14.57%
6 Iqvia Holdings 30.91 Bn 28.94 Bn 1.36 Bn 10.24%
7 Natera 30.21 Bn 29.11 Bn 696.04 Mn -3.63%
8 Illumina 24.19 Bn 23.04 Bn 721.00 Mn 16.90%
9 Mettler Toledo International 23.12 Bn 23.06 Bn 555.82 Mn 45.73%
10 Quest Diagnostics 21.68 Bn 21.59 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%