Danaher Corporation (DHR)

NYSE: DHR · IEX Real-Time Price · USD
249.29
+0.52 (0.21%)
Mar 28, 2024, 11:59 AM EDT - Market open

Total Valuation

Danaher has a market cap or net worth of $184.24 billion. The enterprise value is $196.78 billion.

Market Cap 184.24B
Enterprise Value 196.78B

Important Dates

The next confirmed earnings date is Tuesday, April 23, 2024, before market open.

Earnings Date Apr 23, 2024
Ex-Dividend Date Mar 27, 2024

Share Statistics

Danaher has 739.70 million shares outstanding. The number of shares has increased by 0.81% in one year.

Shares Outstanding 739.70M
Shares Change (YoY) +0.81%
Shares Change (QoQ) +0.03%
Owned by Insiders (%) 10.75%
Owned by Institutions (%) 81.83%
Float 688.43M

Valuation Ratios

The trailing PE ratio is 38.99 and the forward PE ratio is 32.29. Danaher's PEG ratio is 3.24.

PE Ratio 38.99
Forward PE 32.29
PS Ratio 7.71
Forward PS 7.59
PB Ratio 3.44
P/FCF Ratio 31.80
PEG Ratio 3.24
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 24.48, with an EV/FCF ratio of 33.97.

EV / Earnings 41.49
EV / Sales 8.24
EV / EBITDA 24.48
EV / EBIT 33.51
EV / FCF 33.97

Financial Position

The company has a current ratio of 1.68, with a Debt / Equity ratio of 0.34.

Current Ratio 1.68
Quick Ratio 1.18
Debt / Equity 0.34
Debt / EBITDA 2.29
Debt / FCF 3.18
Interest Coverage 20.53

Financial Efficiency

Return on equity (ROE) is 9.10% and return on invested capital (ROIC) is 6.17%.

Return on Equity (ROE) 9.10%
Return on Assets (ROA) 5.50%
Return on Capital (ROIC) 6.17%
Revenue Per Employee $379,206
Profits Per Employee $75,286
Employee Count 63,000
Asset Turnover 0.28
Inventory Turnover 3.68

Taxes

In the past 12 months, Danaher has paid $823.00 million in taxes.

Income Tax 823.00M
Effective Tax Rate 14.79%

Stock Price Statistics

The stock price has increased by +1.10% in the last 52 weeks. The beta is 0.86, so Danaher's price volatility has been lower than the market average.

Beta (1Y) 0.86
52-Week Price Change +1.10%
50-Day Moving Average 247.15
200-Day Moving Average 236.20
Relative Strength Index (RSI) 48.35
Average Volume (30 Days) 2,747,240

Short Selling Information

The latest short interest is 6.07 million, so 0.82% of the outstanding shares have been sold short.

Short Interest 6.07M
Short Previous Month 6.11M
Short % of Shares Out 0.82%
Short % of Float 0.88%
Short Ratio (days to cover) 2.32

Income Statement

In the last 12 months, Danaher had revenue of $23.89 billion and earned $4.74 billion in profits. Earnings per share was $6.38.

Revenue 23.89B
Gross Profit 14.03B
Operating Income 5.20B
Pretax Income 5.59B
Net Income 4.74B
EBITDA 8.04B
EBIT 5.87B
Earnings Per Share (EPS) $6.38
Full Income Statement

Balance Sheet

The company has $5.86 billion in cash and $18.40 billion in debt, giving a net cash position of -$12.54 billion or -$16.95 per share.

Cash & Cash Equivalents 5.86B
Total Debt 18.40B
Net Cash -12.54B
Net Cash Per Share -$16.95
Equity / Book Value 53.49B
Book Value Per Share 72.31
Working Capital 5.66B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $7.16 billion and capital expenditures -$1.37 billion, giving a free cash flow of $5.79 billion.

Operating Cash Flow 7.16B
Capital Expenditures -1.37B
Free Cash Flow 5.79B
FCF Per Share $7.87
Full Cash Flow Statement

Margins

Gross margin is 58.74%, with operating and profit margins of 21.77% and 19.85%.

Gross Margin 58.74%
Operating Margin 21.77%
Pretax Margin 23.39%
Profit Margin 19.85%
EBITDA Margin 33.65%
EBIT Margin 24.58%
FCF Margin 24.25%

Dividends & Yields

This stock pays an annual dividend of $1.08, which amounts to a dividend yield of 0.43%.

Dividend Per Share $1.08
Dividend Yield 0.43%
Dividend Growth (YoY) 12.74%
Years of Dividend Growth 10
Payout Ratio 16.93%
Buyback Yield -0.81%
Shareholder Yield -0.38%
Earnings Yield 2.57%
FCF Yield 3.14%
Dividend Details

Analyst Forecast

The average price target for Danaher is $269.93, which is 8.28% higher than the current price. The consensus rating is "Buy".

Price Target $269.93
Price Target Difference 8.28%
Analyst Consensus Buy
Analyst Count 17
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) 14.18%
Stock Forecasts

Stock Splits

The last stock split was on October 2, 2023. It was a forward split with a ratio of 1128:1000.

Last Split Date Oct 2, 2023
Split Type Forward
Split Ratio 1128:1000

Scores

Danaher has an Altman Z-Score of 4.84 and a Piotroski F-Score of 5.

Altman Z-Score 4.84
Piotroski F-Score 5