Danaher (DHR) Tax Rate (2009 - 2026)
Danaher (DHR) recorded quarterly Tax Rate of 16.68% in Q1 2026, up 20.54% quarter-over-quarter from 13.84% in Q4 2025, and up 118.0% on a YoY basis from 7.65% in Q1 2025.
Danaher (DHR) Tax Rate (2009 - 2026) Analysis & Trends
Danaher's Tax Rate history runs 18 years deep, the most recent figure standing at 16.68% for Q1 2026.
- In Q1 2026, Tax Rate rose 118.0% year-over-year to 16.68%; the TTM figure through Mar 2026 stood at 15.3% (down 110.0% YoY), while the FY2025 annual figure was 14.95%, down 112.0% from the prior year.
- Tax Rate was 16.68% for Q1 2026 at Danaher, up from 13.84% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 19.44% in Q2 2023 to a low of 29.04% in Q4 2022.
- Historically, Tax Rate has averaged 13.68% across 5 years, with a median of 16.27% in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 4006 bps in 2022, then soared 3805 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 29.04% in 2022, then jumped by 131 bps to 9.01% in 2023, then jumped by 93 bps to 17.41% in 2024, then retreated by 21 bps to 13.84% in 2025, then rose by 21 bps to 16.68% in 2026.
- The last three Tax Rate figures came in at 16.68% (Q1 2026), 13.84% (Q4 2025), and 15.61% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Waters | 29,902.70 Bn | 29,902.24 Bn | 1.11 Bn | 18.18% |
| 2 | Thermo Fisher Scientific | 175.99 Bn | 172.74 Bn | 7.74 Bn | 4.04% |
| 3 | Danaher | 129.87 Bn | 124.18 Bn | 3.59 Bn | 16.68% |
| 4 | Idexx Laboratories | 44.75 Bn | 44.55 Bn | 722.74 Mn | 21.66% |
| 5 | Agilent Technologies | 37.52 Bn | 35.72 Bn | 990.00 Mn | 16.91% |
| 6 | Iqvia Holdings | 30.91 Bn | 28.94 Bn | 1.36 Bn | 17.99% |
| 7 | Natera | 30.21 Bn | 29.11 Bn | 696.04 Mn | -0.35% |
| 8 | Illumina | 24.19 Bn | 23.04 Bn | 721.00 Mn | 14.65% |
| 9 | Mettler Toledo International | 23.12 Bn | 23.06 Bn | 555.82 Mn | 19.17% |
| 10 | Quest Diagnostics | 21.68 Bn | 21.59 Bn | 942.00 Mn | 22.16% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 27, 2026 | 16.68% |
| Mar 27, 2026 | 16.68% |
| Dec 31, 2025 | 13.84% |
| Dec 31, 2025 | 13.84% |
| Sep 26, 2025 | 15.61% |
| Sep 26, 2025 | 15.61% |
| Jun 27, 2025 | 15.27% |
| Jun 27, 2025 | 15.27% |
| Mar 28, 2025 | 15.50% |
| Mar 28, 2025 | 15.50% |
| Dec 31, 2024 | 17.41% |
| Dec 31, 2024 | 17.41% |
| Sep 27, 2024 | 16.27% |
| Sep 27, 2024 | 16.27% |
| Jun 28, 2024 | 16.25% |
| Jun 28, 2024 | 16.25% |
| Mar 29, 2024 | 14.40% |
| Mar 29, 2024 | 14.40% |
| Dec 31, 2023 | 9.01% |
| Dec 31, 2023 | 9.01% |