Danaher Corporation (LON: 0R2B)

Danaher Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 26, 2024	Dec 30, 2023	Dec 30, 2022	Dec 30, 2021	Dec 30, 2020	Dec 30, 2019
Revenue	23,742	23,890	26,643	24,802	22,284	17,911
Revenue Growth (YoY)	12.92%	-10.33%	7.42%	11.30%	24.42%	5.06%
Cost of Revenue	9,527	9,761	10,455	9,459	9,241	7,927
Gross Profit	14,215	14,129	16,188	15,343	13,043	9,984
Selling, General & Admin	7,470	7,245	7,080	6,763	6,880	5,577
Research & Development	1,549	1,503	1,528	1,498	1,348	1,126
Operating Expenses	9,019	8,748	8,608	8,261	8,228	6,703
Operating Income	5,196	5,381	7,580	7,082	4,815	3,281
Interest Expense	-302	-286	-204	-231	-275	-108
Interest & Investment Income	220	303	41	11	71	139
Other Non Operating Income (Expenses)	-	-	-	-	5	-
EBT Excluding Unusual Items	5,114	5,398	7,417	6,862	4,616	3,312
Merger & Restructuring Charges	-120	-95	-	-104	-568	-
Gain (Loss) on Sale of Investments	-132	-182	-271	401	18	-
Gain (Loss) on Sale of Assets	-	-	-	5	455	-
Asset Writedown	-299	-77	-	-10	-	-
Legal Settlements	-	-	-	-547	-	-
Other Unusual Items	-	-	-	-96	-26	-7
Pretax Income	4,563	5,044	7,146	6,511	4,495	3,305
Income Tax Expense	629	823	818	1,064	849	873
Earnings From Continuing Operations	3,934	4,221	6,328	5,447	3,646	2,432
Earnings From Discontinued Operations	-42	543	881	986	-	576
Net Income	3,892	4,764	7,209	6,433	3,646	3,008
Preferred Dividends & Other Adjustments	-	21	106	164	136	68
Net Income to Common	3,892	4,743	7,103	6,269	3,510	2,940
Net Income Growth	-34.22%	-33.92%	12.06%	76.44%	21.21%	13.47%
Shares Outstanding (Basic)	735	737	725	715	706	715
Shares Outstanding (Diluted)	742	743	737	737	719	726
Shares Change (YoY)	0.09%	0.81%	0.04%	2.52%	-0.94%	2.15%
EPS (Basic)	5.29	6.44	9.80	8.77	4.97	4.11
EPS (Diluted)	5.24	6.38	9.66	8.61	4.89	4.06
EPS Growth	-33.86%	-33.97%	12.18%	76.33%	20.47%	8.55%
Free Cash Flow	4,978	5,781	7,401	7,118	5,417	3,316
Free Cash Flow Per Share	6.71	7.78	10.04	9.66	7.54	4.57
Dividend Per Share	1.050	1.050	1.000	0.840	0.720	0.680
Dividend Growth	-0.94%	5.00%	19.05%	16.67%	5.88%	6.25%
Gross Margin	59.87%	59.14%	60.76%	61.86%	58.53%	55.74%
Operating Margin	21.89%	22.52%	28.45%	28.55%	21.61%	18.32%
Profit Margin	16.39%	19.85%	26.66%	25.28%	15.75%	16.41%
Free Cash Flow Margin	20.97%	24.20%	27.78%	28.70%	24.31%	18.51%
EBITDA	7,511	7,547	9,712	9,144	6,590	4,470
EBITDA Margin	31.64%	31.59%	36.45%	36.87%	29.57%	24.96%
D&A For EBITDA	2,315	2,166	2,132	2,062	1,775	1,189
EBIT	5,196	5,381	7,580	7,082	4,815	3,281
EBIT Margin	21.89%	22.52%	28.45%	28.55%	21.61%	18.32%
Effective Tax Rate	13.78%	16.32%	11.45%	16.34%	18.89%	26.41%

Source: S&P Capital IQ. Standard template. Financial Sources.