Danaher (DHR) Tax Rate (2009 - 2026)
Danaher (DHR) posted Tax Rate of 19.29% for Q2 2026, up 15.68% on a QoQ basis from 16.68% in Q1 2026, and up 403.0% year-over-year from 3.84% in Q2 2025.
Analysis
Danaher (DHR) Tax Rate (2009 - 2026) Analysis & Trends
Danaher has reported Tax Rate for 18 years, with the latest figure at 19.29% in Q2 2026.
- On a quarterly basis, Tax Rate rose 403.0% year-over-year to 19.29% in Q2 2026; TTM through Jun 2026 was 16.21%, a 5.0% decrease from a year earlier, with the FY2025 full-year figure at 14.95%, down 112.0% from the prior year.
- Tax Rate was 19.29% for Q2 2026 at Danaher, 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.
- Average Tax Rate over 5 years is 13.99%, with a median of 16.48% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Tax Rate sank 4006 bps in 2022, then jumped 3805 bps in 2023.
- Over 5 years, Tax Rate stood at 29.04% in 2022, then surged by 131 bps to 9.01% in 2023, then surged by 93 bps to 17.41% in 2024, then decreased by 21 bps to 13.84% in 2025, then jumped by 39 bps to 19.29% in 2026.
- The last three Tax Rate figures came in at 19.29% (Q2 2026), 16.68% (Q1 2026), and 13.84% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 241.68 Bn | 237.61 Bn | 8.34 Bn | 8.68% |
| 2 | Danaher | 147.34 Bn | 142.99 Bn | 3.61 Bn | 19.29% |
| 3 | Agilent Technologies | 43.34 Bn | 41.59 Bn | 1.04 Bn | 18.47% |
| 4 | Illumina | 34.58 Bn | 33.41 Bn | 770.00 Mn | 20.38% |
| 5 | Revvity | 16.31 Bn | 15.29 Bn | 416.87 Mn | 15.82% |
| 6 | Bio-Techne | 11.28 Bn | 11.01 Bn | 211.39 Mn | 22.72% |
| 7 | Bio-Rad Laboratories | 10.16 Bn | 8.54 Bn | 345.80 Mn | 31.49% |
| 8 | Repligen | 9.77 Bn | 8.75 Bn | 110.04 Mn | 64.62% |
| 9 | 10x Genomics | 9.45 Bn | 8.90 Bn | 112.50 Mn | 3.83% |
| 10 | Bruker | 9.26 Bn | 9.04 Bn | 416.00 Mn | -27.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 19.29% |
| Mar 27, 2026 | 16.68% |
| Dec 31, 2025 | 13.84% |
| Sep 26, 2025 | 15.61% |
| Jun 27, 2025 | 15.27% |
| Mar 28, 2025 | 15.50% |
| Dec 31, 2024 | 17.41% |
| Sep 27, 2024 | 16.27% |
| Jun 28, 2024 | 16.25% |
| Mar 29, 2024 | 14.40% |
| Dec 31, 2023 | 9.01% |
| Sep 29, 2023 | 18.05% |
| Jun 30, 2023 | 19.44% |
| Mar 31, 2023 | 18.58% |
| Dec 31, 2022 | -29.04% |
| Sep 30, 2022 | 18.59% |
| Jul 1, 2022 | 18.80% |
| Apr 1, 2022 | 17.82% |
| Dec 31, 2021 | 11.02% |
| Oct 1, 2021 | 16.51% |