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