DHR - Danaher Corporation
Price:
--
--
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CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$249.75
DETAILS
HIGH:
$270.00
LOW:
$220.00
MEDIAN:
$248.50
CONSENSUS:
$249.75
UPSIDE:
5.83%
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||||
| Revenue | 23,875.0 | 23,890.0 | 26,643.0 | 29,453.0 | 22,284.0 | 17,911.1 | 17,048.5 | 18,329.7 | 16,882.4 | 14,433.7 |
| Cost of Revenue | 9,669.0 | 9,856.0 | 10,455.0 | 11,501.0 | 9,809.0 | 7,927.4 | 7,543.2 | 8,099.2 | 7,499.4 | 6,519.7 |
| Gross Profit | 14,206.0 | 14,034.0 | 16,188.0 | 17,952.0 | 12,475.0 | 9,983.7 | 9,505.3 | 10,230.5 | 9,383.0 | 7,914.0 |
| Operating Expenses | ||||||||||
| R&D Expenses | 1,584.0 | 1,503.0 | 1,528.0 | 1,742.0 | 1,348.0 | 1,126.0 | 1,059.2 | 1,128.8 | 975.1 | 861.4 |
| SG&A Expenses | 7,438.0 | 7,252.0 | 7,124.0 | 8,160.0 | 6,815.0 | 5,495.3 | 5,376.0 | 5,952.2 | 5,420.6 | 4,634.9 |
| Other Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Operating Expenses | 9,022.0 | 8,755.0 | 8,652.0 | 9,902.0 | 8,163.0 | 6,621.3 | 6,435.2 | 7,081.0 | 6,395.7 | 5,496.3 |
| Operating Income | ||||||||||
| Operating Income | 5,184.0 | 5,279.0 | 7,536.0 | 8,050.0 | 4,312.0 | 3,362.4 | 3,070.1 | 3,149.5 | 2,987.3 | 2,417.7 |
| Interest Expense | 278.0 | 289.0 | 207.0 | 241.0 | 273.0 | 108.6 | 136.9 | 162.7 | 184.4 | 139.8 |
| Interest Income | 117.0 | 303.0 | 41.0 | 11.0 | 71.0 | 139.0 | 9.2 | 7.5 | 0.2 | 4.6 |
| Profitability | ||||||||||
| EBITDA | 7,276.0 | 7,499.0 | 9,485.0 | 10,007.0 | 6,543.0 | 4,603.4 | 4,276.5 | 4,339.8 | 3,923.8 | 3,060.0 |
| EBIT | 4,924.0 | 5,333.0 | 7,353.0 | 7,839.0 | 4,768.0 | 3,413.9 | 3,098.8 | 3,101.5 | 2,795.7 | 2,179.2 |
| Income Before Tax | 4,646.0 | 5,044.0 | 7,146.0 | 7,598.0 | 4,495.0 | 3,305.3 | 2,961.9 | 2,938.8 | 2,611.3 | 2,039.4 |
| Income Tax Expense | 747.0 | 823.0 | 818.0 | 1,251.0 | 849.0 | 873.0 | 555.6 | 469.0 | 457.9 | 292.7 |
| Net Income | 3,899.0 | 4,764.0 | 7,209.0 | 6,433.0 | 3,646.0 | 2,557.2 | 2,650.9 | 2,492.1 | 2,553.7 | 2,596.9 |
| Per Share Data | ||||||||||
| EPS (Basic) | 5.33 | 6.44 | 9.80 | 8.77 | 4.97 | 3.48 | 3.78 | 3.58 | 3.69 | 4.81 |
| EPS (Diluted) | 5.29 | 6.38 | 9.64 | 8.61 | 4.89 | 3.43 | 3.73 | 3.53 | 3.65 | 4.74 |
| Shares Outstanding | 731.0 | 736.5 | 725.1 | 714.6 | 706.2 | 715.0 | 700.6 | 695.8 | 691.2 | 698.1 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 2,078.0 | 5,864.0 | 5,995.0 | 2,586.0 | 6,035.0 | 19,912.3 | 787.8 | 630.3 | 963.7 | 790.8 |
| Short-Term Investments | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Net Receivables | 4,390.0 | 4,637.0 | 5,064.0 | 5,443.0 | 4,810.0 | 3,268.4 | 3,111.8 | 3,521.8 | 3,186.1 | 2,985.1 |
| Inventory | 2,330.0 | 2,594.0 | 2,765.0 | 2,767.0 | 2,292.0 | 1,628.3 | 1,631.4 | 1,840.8 | 1,709.4 | 1,573.1 |
| Other Current Assets | 79.0 | 71.0 | 1,359.0 | 82.0 | 665.0 | 787.6 | 1,562.8 | 857.1 | 805.9 | 2,487.7 |
| Total Current Assets | 9,497.0 | 13,937.0 | 15,883.0 | 11,648.0 | 13,802.0 | 25,596.6 | 7,093.8 | 6,850.0 | 6,665.1 | 7,836.7 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 6,074.0 | 5,605.0 | 4,593.0 | 4,831.0 | 4,204.0 | 3,065.7 | 2,249.6 | 2,454.6 | 2,354.0 | 2,302.7 |
| Goodwill | 40,497.0 | 41,608.0 | 37,276.0 | 41,184.0 | 35,420.0 | 22,712.5 | 22,580.5 | 25,138.6 | 23,826.9 | 21,014.9 |
| Intangible Assets | 18,568.0 | 20,746.0 | 19,821.0 | 22,843.0 | 21,282.0 | 9,749.7 | 10,282.8 | 11,667.1 | 11,818.0 | 10,545.3 |
| Long-Term Investments | 1,815.0 | 1,696.0 | 2,164.0 | 1,320.0 | 27.0 | 33.7 | 38.3 | 45.4 | 170.1 | 401.4 |
| Other Non-Current Assets | 1,091.0 | 896.0 | 4,613.0 | 1,358.0 | 1,426.0 | 923.4 | 5,587.5 | 492.9 | 461.2 | 6,121.2 |
| Total Non-Current Assets | 68,045.0 | 70,551.0 | 68,467.0 | 71,536.0 | 62,359.0 | 36,485.0 | 40,738.7 | 39,798.6 | 38,630.2 | 40,385.5 |
| Total Assets | 77,542.0 | 84,488.0 | 84,350.0 | 83,184.0 | 76,161.0 | 62,081.6 | 47,832.5 | 46,648.6 | 45,295.3 | 48,222.2 |
| Current Liabilities | ||||||||||
| Account Payables | 1,753.0 | 1,766.0 | 1,856.0 | 2,569.0 | 2,049.0 | 1,514.4 | 1,495.4 | 1,509.9 | 1,485.0 | 1,391.9 |
| Short-Term Debt | 505.0 | 1,875.0 | 758.0 | 215.0 | 200.0 | 370.2 | 51.8 | 194.7 | 2,594.8 | 845.2 |
| Deferred Revenue | 1,299.0 | 1,465.0 | 1,456.0 | 1,613.0 | 1,212.0 | 687.8 | 626.8 | 666.0 | 539.8 | 457.0 |
| Other Current Liabilities | 1,343.0 | 1,402.0 | 2,476.0 | 1,593.0 | 1,927.0 | 921.1 | 1,408.5 | 978.5 | 954.7 | 2,217.9 |
| Total Current Liabilities | 6,798.0 | 8,274.0 | 8,389.0 | 8,140.0 | 7,402.0 | 4,932.1 | 4,841.5 | 4,792.3 | 6,874.0 | 6,170.4 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 15,500.0 | 16,707.0 | 19,086.0 | 22,168.0 | 21,193.0 | 21,517.0 | 9,688.5 | 10,327.4 | 9,674.2 | 12,025.2 |
| Deferred Tax Liabilities | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Current Liabilities | 4,494.0 | 4,814.0 | 5,792.0 | 6,597.0 | 6,799.0 | 4,593.7 | 4,966.0 | 5,056.2 | 5,577.6 | 6,186.1 |
| Total Non-Current Liabilities | 21,194.0 | 22,724.0 | 25,871.0 | 29,867.0 | 28,982.0 | 26,867.6 | 14,764.3 | 15,488.5 | 15,344.5 | 18,287.8 |
| Total Liabilities | 27,992.0 | 30,998.0 | 34,260.0 | 38,007.0 | 36,384.0 | 31,799.7 | 19,605.8 | 20,280.8 | 22,218.5 | 24,458.2 |
| Stockholders' Equity | ||||||||||
| Common Stock | 9.0 | 9.0 | 9.0 | 9.0 | 9.0 | 8.4 | 8.2 | 8.1 | 8.1 | 8.0 |
| Retained Earnings | 44,188.0 | 41,074.0 | 39,205.0 | 32,827.0 | 27,159.0 | 24,166.3 | 25,163.0 | 22,806.1 | 20,703.5 | 21,012.3 |
| Accumulated Other Comprehensive Income | (3,218.0) | (1,748.0) | (2,872.0) | (1,027.0) | (368.0) | (3,068.3) | (2,791.1) | (1,994.2) | (3,021.7) | (2,311.2) |
| Total Stockholders' Equity | 49,543.0 | 53,486.0 | 50,082.0 | 45,167.0 | 39,766.0 | 30,270.6 | 28,214.4 | 26,358.2 | 23,002.8 | 23,690.3 |
| Total Liabilities & Equity | 77,542.0 | 84,488.0 | 84,350.0 | 83,184.0 | 76,161.0 | 62,081.6 | 47,832.5 | 46,648.6 | 45,295.3 | 48,222.2 |
| Debt Metrics | ||||||||||
| Total Debt | 17,146.0 | 19,536.0 | 20,616.0 | 23,272.0 | 22,178.0 | 22,526.0 | 9,740.3 | 10,522.1 | 12,269.0 | 12,870.4 |
| Net Debt | 15,068.0 | 13,672.0 | 14,621.0 | 20,686.0 | 16,143.0 | 2,613.7 | 8,952.5 | 9,891.8 | 11,305.3 | 12,079.6 |
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 3,899.0 | 4,221.0 | 7,209.0 | 6,347.0 | 3,646.0 | 2,432.3 | 2,650.9 | 2,469.8 | 2,153.4 | 2,598.7 |
| Depreciation & Amortization | 2,352.0 | 2,166.0 | 2,222.0 | 2,168.0 | 1,775.0 | 1,189.5 | 1,307.7 | 1,238.3 | 1,128.1 | 1,051.3 |
| Stock-Based Compensation | 288.0 | 306.0 | 295.0 | 184.0 | 187.0 | 158.8 | 151.4 | 139.4 | 129.8 | 139.0 |
| Change in Working Capital | 266.0 | (393.0) | (1,519.0) | (658.0) | 605.0 | (123.2) | (90.1) | (353.0) | (279.2) | 51.4 |
| Other Non-Cash Items | (117.0) | 864.0 | 830.0 | 601.0 | 457.0 | 709.4 | 197.2 | 410.2 | 773.6 | 112.7 |
| Operating Cash Flow | 6,688.0 | 7,164.0 | 8,519.0 | 8,358.0 | 6,208.0 | 3,951.6 | 4,022.0 | 3,477.8 | 3,521.8 | 3,801.8 |
| Investing Activities | ||||||||||
| Capital Expenditure | (1,392.0) | (1,383.0) | (1,152.0) | (1,294.0) | (791.0) | (635.5) | (584.0) | (570.7) | (589.6) | (512.9) |
| Acquisitions | 0.0 | (5,610.0) | (637.0) | (10,935.0) | (20,145.0) | (331.3) | (2,173.3) | (385.8) | (4,880.1) | (14,305.0) |
| Purchases of Investments | (331.0) | (172.0) | (523.0) | (934.0) | (342.0) | (241.0) | (148.9) | 247.9 | 4,615.3 | (87.1) |
| Sales/Maturities of Investments | 253.0 | 61.0 | 18.0 | 126.0 | 13.0 | (59.2) | 22.2 | 137.9 | 264.8 | 43.0 |
| Other Investing Activities | (511.0) | 23.0 | 60.0 | 50.0 | 26.0 | 28.9 | (65.0) | (272.7) | (4,653.4) | (89.0) |
| Investing Cash Flow | (1,981.0) | (7,081.0) | (2,234.0) | (12,987.0) | (21,239.0) | (1,238.1) | (2,949.0) | (843.4) | (5,243.0) | (14,951.0) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (1,669.0) | (1,626.0) | (1,688.0) | 1,967.0 | (1,900.0) | 13,350.1 | (442.0) | (2,664.8) | 2,790.3 | 9,158.6 |
| Stock Repurchased | (5,979.0) | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Dividends Paid | (768.0) | (821.0) | (818.0) | (742.0) | (615.0) | (526.7) | (433.4) | (378.3) | (399.8) | (354.1) |
| Other Financing Activities | (131.0) | 2,106.0 | (95.0) | (16.0) | (29.0) | (274.7) | (17.6) | (124.2) | (512.3) | (3.3) |
| Financing Cash Flow | (8,385.0) | (273.0) | (2,570.0) | 1,295.0 | 1,006.0 | 16,365.9 | (797.0) | (3,098.5) | 2,042.7 | 9,050.2 |
| Cash Position | ||||||||||
| Net Change in Cash | (3,786.0) | (131.0) | 3,409.0 | (3,449.0) | (13,877.0) | 19,124.5 | 157.7 | (333.4) | 172.9 | (2,214.8) |
| Cash at Beginning | 5,864.0 | 5,995.0 | 2,586.0 | 6,035.0 | 19,912.0 | 787.8 | 630.3 | 963.7 | 790.8 | 3,005.6 |
| Cash at End | 2,078.0 | 5,864.0 | 5,995.0 | 2,586.0 | 6,035.0 | 19,912.3 | 788.0 | 630.3 | 963.7 | 790.8 |
| Free Cash Flow | 5,296.0 | 5,781.0 | 7,367.0 | 7,064.0 | 5,417.0 | 3,316.1 | 3,438.0 | 2,907.1 | 2,932.2 | 3,288.9 |
| Key Metrics | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 23,875.0 | 23,890.0 | 26,643.0 | 29,453.0 | 22,284.0 | 17,911.1 | 17,048.5 | 18,329.7 | 16,882.4 | 14,433.7 |
| Gross Profit | 14,206.0 | 14,034.0 | 16,188.0 | 17,952.0 | 12,475.0 | 9,983.7 | 9,505.3 | 10,230.5 | 9,383.0 | 7,914.0 |
| Operating Income | 5,184.0 | 5,279.0 | 7,536.0 | 8,050.0 | 4,312.0 | 3,362.4 | 3,070.1 | 3,149.5 | 2,987.3 | 2,417.7 |
| Net Income | 3,899.0 | 4,764.0 | 7,209.0 | 6,433.0 | 3,646.0 | 2,557.2 | 2,650.9 | 2,492.1 | 2,553.7 | 2,596.9 |
| EPS (Diluted) | 5.29 | 6.38 | 9.64 | 8.61 | 4.89 | 3.43 | 3.73 | 3.53 | 3.65 | 4.74 |
| Balance Sheet | ||||||||||
| Cash & Equivalents | 2,078.0 | 5,864.0 | 5,995.0 | 2,586.0 | 6,035.0 | 19,912.3 | 787.8 | 630.3 | 963.7 | 790.8 |
| Total Assets | 77,542.0 | 84,488.0 | 84,350.0 | 83,184.0 | 76,161.0 | 62,081.6 | 47,832.5 | 46,648.6 | 45,295.3 | 48,222.2 |
| Total Debt | 17,146.0 | 19,536.0 | 20,616.0 | 23,272.0 | 22,178.0 | 22,526.0 | 9,740.3 | 10,522.1 | 12,269.0 | 12,870.4 |
| Stockholders' Equity | 49,543.0 | 53,486.0 | 50,082.0 | 45,167.0 | 39,766.0 | 30,270.6 | 28,214.4 | 26,358.2 | 23,002.8 | 23,690.3 |
| Cash Flow | ||||||||||
| Operating Cash Flow | 6,688.0 | 7,164.0 | 8,519.0 | 8,358.0 | 6,208.0 | 3,951.6 | 4,022.0 | 3,477.8 | 3,521.8 | 3,801.8 |
| Capital Expenditure | (1,392.0) | (1,383.0) | (1,152.0) | (1,294.0) | (791.0) | (635.5) | (584.0) | (570.7) | (589.6) | (512.9) |
| Free Cash Flow | 5,296.0 | 5,781.0 | 7,367.0 | 7,064.0 | 5,417.0 | 3,316.1 | 3,438.0 | 2,907.1 | 2,932.2 | 3,288.9 |