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 | 213.86 Bn | 209.80 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 140.41 Bn | 136.07 Bn | 3.61 Bn | 19.29% |
| 3 | Idexx Laboratories | 46.33 Bn | 46.13 Bn | 779.09 Mn | 18.89% |
| 4 | Agilent Technologies | 39.71 Bn | 37.90 Bn | 990.00 Mn | 16.91% |
| 5 | Iqvia Holdings | 39.35 Bn | 37.27 Bn | 1.44 Bn | 19.93% |
| 6 | Natera | 38.97 Bn | 37.87 Bn | 696.04 Mn | -0.35% |
| 7 | Illumina | 30.09 Bn | 28.92 Bn | 770.00 Mn | 20.38% |
| 8 | Mettler Toledo International | 28.70 Bn | 28.65 Bn | 650.22 Mn | 19.52% |
| 9 | Quest Diagnostics | 26.19 Bn | 25.56 Bn | 1.03 Bn | 21.36% |
| 10 | Labcorp Holdings | 25.89 Bn | 24.91 Bn | 1.01 Bn | 13.04% |
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% |