Danaher DHR
NYSE DHR
$215.73 +0.37 (+0.17%)
As of: Aug 27, 2026 · 3:59 PM EDT

Danaher (DHR) Tax Rate (2009 - 2026)

Danaher (DHR) posted quarterly Tax Rate of 19.29% for Q2 2026, up 403.0% year-over-year from 3.84% in Q2 2025, and up 15.68% quarter-over-quarter from 16.68% in Q1 2026.

Danaher (DHR) Tax Rate (2009 - 2026) Analysis & Trends

Danaher's Tax Rate history runs 18 years deep, the most recent figure standing at 19.29% for Q2 2026.

  • In Q2 2026, Tax Rate rose 403.0% year-over-year to 19.29%; the TTM figure through Jun 2026 stood at 16.21% (down 5.0% YoY), while the FY2025 annual figure was 14.95%, down 112.0% from the prior year.
  • Tax Rate for Q2 2026 stood at 19.29%, up from 16.68% in the prior quarter.
  • The five-year high for Tax Rate was 19.44% in Q2 2023, with the low at 29.04% in Q4 2022.
  • The 5-year median for Tax Rate is 16.48% (2024), against an average of 13.99%.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate sank 4006 bps in 2022, then surged 3805 bps in 2023.
  • Danaher's Tax Rate stood at 29.04% in 2022, then soared by 131 bps to 9.01% in 2023, then soared by 93 bps to 17.41% in 2024, then fell by 21 bps to 13.84% in 2025, then surged by 39 bps to 19.29% in 2026.
  • Business Quant data shows DHR's Tax Rate at 19.29% in Q2 2026, 16.68% in Q1 2026, and 13.84% in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Thermo Fisher Scientific 234.15 Bn 230.09 Bn 8.34 Bn 8.68%
2 Danaher 152.10 Bn 147.75 Bn 3.61 Bn 19.29%
3 Natera 48.48 Bn 47.38 Bn 486.15 Mn 0.45%
4 Agilent Technologies 44.35 Bn 42.55 Bn 990.00 Mn 16.91%
5 Iqvia Holdings 43.68 Bn 41.60 Bn 1.44 Bn 19.93%
6 Idexx Laboratories 43.02 Bn 42.83 Bn 779.09 Mn 18.89%
7 Illumina 34.39 Bn 33.22 Bn 770.00 Mn 20.38%
8 Mettler Toledo International 28.29 Bn 28.24 Bn 650.22 Mn 19.52%
9 Labcorp Holdings 27.51 Bn 27.37 Bn 1.11 Bn 22.59%
10 Quest Diagnostics 27.10 Bn 26.47 Bn 1.03 Bn 21.36%

Historic Data

Download Data
DateValue
Jun 26, 2026 19.29
Jun 26, 2026 19.29
Jun 26, 2026 19.29
Mar 27, 2026 16.68
Mar 27, 2026 16.68
Mar 27, 2026 16.68
Dec 31, 2025 13.84
Dec 31, 2025 13.84
Dec 31, 2025 13.84
Sep 26, 2025 15.61
Sep 26, 2025 15.61
Sep 26, 2025 15.61
Jun 27, 2025 15.27
Jun 27, 2025 15.27
Jun 27, 2025 15.27
Mar 28, 2025 15.50
Mar 28, 2025 15.50
Mar 28, 2025 15.50
Dec 31, 2024 17.41
Dec 31, 2024 17.41