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Danaher stock: growth
DHRDanaher reported $24.57B in revenue for fiscal 2025, up 2.9% on the prior year, up 5.5% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
5.1%
per year from 2006 to 2025, per share 4.3%
Earnings (Annual rate)
6.3%
per year from 2006 to 2025, per share 5.5%
Free cash flow (Annual rate)
7.2%
per year from 2006 to 2025, per share 6.4%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 2.0% | 5.5% | 5.1% |
| Revenue per share | 1.9% | 5.3% | 4.3% |
| Earnings | −0.2% | 3.4% | 6.3% |
| Earnings per share | 0.4% | 0.5% | 5.5% |
| Free cash flow | −0.6% | 4.8% | 7.2% |
| Free cash flow per share | −0.6% | 4.7% | 6.4% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $9.6B | $1.12B | $1.41B |
| 2007 | $11.03B | $1.22B | $1.48B |
| 2008 | $12.7B | $1.32B | $1.67B |
| 2009 | $11.18B | $1.15B | $1.61B |
| 2010 | $13.2B | $1.79B | $1.87B |
| 2011 | $16.09B | $1.97B | $2.29B |
| 2012 | $18.26B | $2.3B | $2.96B |
| 2013 | $19.12B | $2.7B | $3.05B |
| 2014 | $19.91B | $2.6B | $3.29B |
| 2015 | $14.43B | $2.6B | $3.29B |
| 2016 | $16.88B | $2.55B | $2.93B |
| 2017 | $18.33B | $2.49B | $2.91B |
| 2018 | $17.05B | $2.65B | $3.44B |
| 2019 | $17.91B | $2.56B | $3.32B |
| 2020 | $22.28B | $3.65B | $5.42B |
| 2021 | $29.45B | $6.43B | $7.06B |
| 2022 | $26.64B | $7.21B | $7.37B |
| 2023 | $23.89B | $4.76B | $5.78B |
| 2024 | $23.88B | $3.9B | $5.3B |
| 2025 | $24.57B | $3.61B | $5.26B |
Revenue by segment
How Danaher Corporation makes its money and how that has shifted. Names are as the company reports them.
- Revenue from Contract with Customer, Measurement, Recurring82%
- Revenue from Contract with Customer, Measurement, Nonrecurring18%
Figures as a table
| 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|
| Revenue from Contract with Customer, Measurement, Recurring | $18.68B | $19.37B | $20.13B | 81.9% |
| Revenue from Contract with Customer, Measurement, Nonrecurring | $5.21B | $4.51B | $4.44B | 18.1% |
| Total revenue | $23.89B | $23.88B | $24.57B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 29 Feb 2024)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.