Danaher (DHR) Shares Outstanding (Diluted) (2009 - 2026)
Danaher (DHR) recorded Shares Outstanding (Diluted) of 707.6 million in Q2 2026, down 1.6% from 719.1 million a year earlier and down 0.5% from the prior quarter.
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Analysis
Danaher (DHR) Shares Outstanding (Diluted) (2009 - 2026) Analysis & Trends
For FY2025, Danaher reported Shares Outstanding (Diluted) of 716.1 million, down 2.9% from FY2024.
- Annual Shares Outstanding (Diluted) has a five-year compound annual growth rate of -0.1% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 737.2 million in FY2024 (-0.8%), 743.1 million in FY2023 (+0.8%), 737.1 million in FY2022 (unchanged) and 736.8 million in FY2021 (+2.5%).
- The Q2 2026 figure is the lowest quarterly Shares Outstanding (Diluted) since Q4 2017.
- On a year-over-year basis, Shares Outstanding (Diluted) has declined for nine consecutive quarters, with an average decline of 2.2% over the last eight quarters.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 2.5% in Q4 2021, against a decline of 3.7% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 711.2 million (Q1 2026), 716.1 million (Q4 2025) and 713.7 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 371.00 Mn |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 1.74 Bn |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 707.60 Mn |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 357.30 Mn |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 1.29 Bn |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 386.00 Mn |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 1.47 Bn |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 275.16 Mn |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 577.60 Mn |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 283.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 707.60 Mn |
| Mar 27, 2026 | 711.20 Mn |
| Dec 31, 2025 | 716.10 Mn |
| Sep 26, 2025 | 713.70 Mn |
| Jun 27, 2025 | 719.10 Mn |
| Mar 28, 2025 | 720.80 Mn |
| Dec 31, 2024 | 737.20 Mn |
| Sep 27, 2024 | 729.40 Mn |
| Jun 28, 2024 | 742.40 Mn |
| Mar 29, 2024 | 748.60 Mn |
| Dec 31, 2023 | 743.10 Mn |
| Sep 29, 2023 | 745.90 Mn |
| Jun 30, 2023 | 744.70 Mn |
| Mar 31, 2023 | 737.20 Mn |
| Dec 31, 2022 | 737.10 Mn |
| Sep 30, 2022 | 737.40 Mn |
| Jul 1, 2022 | 736.00 Mn |
| Apr 1, 2022 | 737.70 Mn |
| Dec 31, 2021 | 736.80 Mn |
| Oct 1, 2021 | 727.00 Mn |
API Access
Danaher Shares Outstanding (Diluted) 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=shares-outstanding-diluted&ticker=DHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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=shares-outstanding-diluted&ticker=DHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();