Danaher (DHR) Tax Rate (2009 - 2026)
Danaher (DHR) recorded Tax Rate of 19.29% in Q2 2026, up 4.03 percentage points from 15.27% a year earlier and up 2.61 percentage points from the prior quarter.
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Analysis
Danaher (DHR) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Danaher's Tax Rate came in at 16.21% as of Jun 26, 2026, down 0.05 percentage points year-over-year; for FY2025, it was 14.95%, down 1.12 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -3.93 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 16.08% in FY2024 (-0.24 pp), 16.32% in FY2023 (+4.87 pp), 11.45% in FY2022 (-4.89 pp) and 16.34% in FY2021 (-2.55 pp).
- The Q2 2026 figure is the highest quarterly Tax Rate since Q2 2023.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +0.97 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 38.05 percentage points in Q4 2023, against a drop of 40.06 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 16.68% (Q1 2026), 13.84% (Q4 2025) and 15.61% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 243.20 Bn | 222.35 Bn | 4.88 Bn | 8.68% |
| 2 | Abbott Laboratories | 172.35 Bn | 143.43 Bn | 7.27 Bn | 39.11% |
| 3 | Danaher | 154.53 Bn | 138.35 Bn | 3.61 Bn | 19.29% |
| 4 | Intuitive Surgical | 150.04 Bn | 129.59 Bn | 1.96 Bn | 21.94% |
| 5 | Medtronic | 113.25 Bn | 79.11 Bn | 6.34 Bn | 16.34% |
| 6 | Stryker | 106.37 Bn | 92.49 Bn | 4.50 Bn | 18.41% |
| 7 | Boston Scientific | 61.94 Bn | 56.95 Bn | 3.85 Bn | 14.62% |
| 8 | Becton Dickinson | 50.05 Bn | 47.20 Bn | 2.32 Bn | 18.41% |
| 9 | Edwards Lifesciences | 49.13 Bn | 33.24 Bn | 1.35 Bn | 53.56% |
| 10 | Agilent Technologies | 48.07 Bn | 40.96 Bn | 1.04 Bn | 18.47% |
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% |
| 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% |
| Jul 2, 2021 | 16.84% |
API Access
Danaher Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=DHR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DHR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=DHR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();