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
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%