Danaher (DHR) Tax Rate (2009 - 2026)

Danaher (DHR) posted quarterly Tax Rate of 16.68% for Q1 2026, up 118.0% year-over-year from 7.65% in Q1 2025, and up 20.54% on a QoQ basis from 13.84% in Q4 2025.

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

Danaher (DHR) has reported Tax Rate for 18 consecutive years, with 16.68% the latest figure, recorded in 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 came in at 16.68% for Q1 2026 at Danaher, up from 13.84% 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.
  • Average Tax Rate over 5 years is 13.68%, with a median of 16.27% recorded in 2024.
  • Across the five-year window, Tax Rate tumbled 4006 bps in 2022 and soared 3805 bps in 2023, its largest moves.
  • Year by year, Tax Rate 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 dropped by 21 bps to 13.84% in 2025, then climbed by 21 bps to 16.68% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 16.68%, 13.84%, and 15.61% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Waters 31,055.11 Bn 31,054.65 Bn 1.11 Bn 18.18%
2 Thermo Fisher Scientific 191.02 Bn 187.77 Bn 7.74 Bn 4.04%
3 Danaher 137.16 Bn 131.47 Bn 3.59 Bn 16.68%
4 Idexx Laboratories 42.82 Bn 42.62 Bn 722.74 Mn 21.66%
5 Natera 39.09 Bn 37.99 Bn 696.04 Mn -0.35%
6 Agilent Technologies 37.61 Bn 35.81 Bn 990.00 Mn 16.91%
7 Iqvia Holdings 34.23 Bn 32.25 Bn 1.36 Bn 17.99%
8 Illumina 28.14 Bn 26.98 Bn 721.00 Mn 14.65%
9 Mettler Toledo International 26.40 Bn 26.33 Bn 555.82 Mn 19.17%
10 Quest Diagnostics 23.76 Bn 23.67 Bn 942.00 Mn 22.16%

Historic Data

Download Data
DateValue
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%