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| Date | Value |
|---|---|
| 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 |