Danaher (DHR) Return on Capital Employed (2009 - 2026)
Danaher (DHR) posted quarterly Return on Capital Employed of 6.42% for Q2 2026, up 42.0% year-over-year from 4.52% in Q2 2025, and up 2.58% quarter-over-quarter from 6.26% in Q1 2026.
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 6.42% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 42.0% year-over-year to 6.42%; the TTM figure through Jun 2026 stood at 6.42% (up 42.0% YoY), while the FY2025 annual figure was 6.36%, down 19.0% from the prior year.
- Return on Capital Employed for Q2 2026 stood at 6.42%, up 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.
- The 5-year median for Return on Capital Employed is 6.73% (2024), against an average of 7.35%.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed soared 161 bps in 2022, then plunged 346 bps in 2023.
- Danaher's Return on Capital Employed stood at 10.14% in 2022, then sank by 34 bps to 6.68% in 2023, then rose by 1 bps to 6.73% in 2024, then fell by 7 bps to 6.26% in 2025, then climbed by 3 bps to 6.42% in 2026.
- Business Quant data shows DHR's Return on Capital Employed at 6.42% in Q2 2026, 6.26% in Q1 2026, and 6.26% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 214.00 Bn | 209.94 Bn | 8.34 Bn | 8.30% |
| 2 | Danaher | 140.51 Bn | 136.17 Bn | 3.61 Bn | 6.42% |
| 3 | Idexx Laboratories | 46.22 Bn | 46.02 Bn | 779.09 Mn | 68.60% |
| 4 | Agilent Technologies | 39.75 Bn | 37.95 Bn | 990.00 Mn | 14.57% |
| 5 | Iqvia Holdings | 39.35 Bn | 37.27 Bn | 1.44 Bn | 10.49% |
| 6 | Natera | 38.80 Bn | 37.70 Bn | 696.04 Mn | -16.64% |
| 7 | Illumina | 29.97 Bn | 28.80 Bn | 770.00 Mn | 17.55% |
| 8 | Mettler Toledo International | 28.64 Bn | 28.59 Bn | 650.22 Mn | 49.80% |
| 9 | Quest Diagnostics | 26.13 Bn | 25.51 Bn | 1.03 Bn | 10.85% |
| 10 | Labcorp Holdings | 25.86 Bn | 24.88 Bn | 1.01 Bn | 8.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 26, 2026 | 6.42% |
| 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% |