Danaher Corporation (DHR)

Danaher Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	22,519	23,890	26,643	24,802	22,284	17,911
Revenue Growth (YoY)	-9.58%	-10.33%	7.42%	11.30%	24.42%	5.06%
Cost of Revenue	9,368	9,856	10,455	9,563	9,809	7,927
Gross Profit	13,151	14,034	16,188	15,239	12,475	9,984
Selling, General & Admin	6,989	7,329	7,124	6,817	6,896	5,589
Research & Development	1,442	1,503	1,528	1,498	1,348	1,126
Other Operating Expenses	0	0	0	547	0	0
Operating Expenses	8,431	8,832	8,652	8,862	8,244	6,715
Operating Income	4,720	5,202	7,536	6,377	4,231	3,269
Interest Expense / Income	283	286	204	231	275	108
Other Expense / Income	-623	-671	-695	-1,351	-539	-720
Pretax Income	5,060	5,587	8,027	7,497	4,495	3,881
Income Tax	658	823	818	1,064	849	873
Net Income	4,402	4,764	7,209	6,433	3,646	3,008
Preferred Dividends	0	21	106	164	136	68
Net Income Common	4,402	4,743	7,103	6,269	3,510	2,940
Net Income Growth	-35.72%	-33.23%	13.30%	78.60%	19.39%	10.90%
Shares Outstanding (Basic)	741	737	725	715	706	715
Shares Outstanding (Diluted)	749	743	737	737	719	726
Shares Change	1.55%	0.81%	0.04%	2.52%	-0.94%	2.15%
EPS (Basic)	5.96	6.44	9.80	8.77	4.97	4.11
EPS (Diluted)	5.89	6.38	9.66	8.61	4.89	4.05
EPS Growth	-36.53%	-33.95%	12.20%	76.07%	20.74%	8.29%
Free Cash Flow	5,569	5,793	7,410	7,131	5,419	3,329
Free Cash Flow Per Share	7.52	7.87	10.22	9.98	7.67	4.66
Dividend Per Share	1.050	1.050	1.000	0.840	0.720	0.680
Dividend Growth	2.94%	5.00%	19.05%	16.67%	5.88%	6.25%
Gross Margin	58.40%	58.74%	60.76%	61.44%	55.98%	55.74%
Operating Margin	20.96%	21.77%	28.29%	25.71%	18.99%	18.25%
Profit Margin	19.55%	19.85%	26.66%	25.28%	15.75%	16.41%
Free Cash Flow Margin	24.73%	24.25%	27.81%	28.75%	24.32%	18.59%
Effective Tax Rate	13.00%	14.73%	10.19%	14.19%	18.89%	22.49%
EBITDA	7,538	8,039	10,363	9,790	6,545	5,178
EBITDA Margin	33.47%	33.65%	38.90%	39.47%	29.37%	28.91%
Depreciation & Amortization	2,195	2,166	2,132	2,062	1,775	1,189
EBIT	5,343	5,873	8,231	7,728	4,770	3,989
EBIT Margin	23.73%	24.58%	30.89%	31.16%	21.41%	22.27%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).