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Danaher Corporation(DHR)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL RECENCY
2-STAR RATING
Consider higher Upturn Star rating
BUY for 91 days
PROFIT SINCE LAST BUY
+17.5% ▲
LAST CLOSE
$230.11
11/03/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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  • 1M
  • 1W
  • BUY Advisory
  • SELL Advisory (Profit)
  • SELL Advisory (Loss)
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for DHR

11/03/2026: DHR (2-star) has a low Upturn Star Rating. Not recommended to BUY.

Danaher Corporation is a diversified science and technology company that provides critical instrumentation and consumables to the life sciences and diagnostics industries. The firm is known for its rigorous Danaher Business System, which historically drives high operational efficiency and strong margins across its segments. Its primary growth story centers on increasing global demand for bioprocessing, lab automation, and molecular diagnostics. However, the company faces risks related to pharmaceutical R&D budget cycles, integration challenges from its active M&A strategy, and premium market valuation. Danaher is well-suited for long-term growth investors who value disciplined capital allocation, while those seeking immediate high-yield income may find it less suitable.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitDanaher has a long history of compounding growth through innovation and strategic acquisitions.
Momentum investorMixed fitMomentum depends on current market sentiment and technical trends, which can fluctuate with interest rates.
Value investorMixed fitThe company often trades at a premium valuation due to its high business quality and market position.
Dividend investorMixed fitWhile Danaher pays a dividend, it is primarily focused on capital appreciation rather than high yield.
Low-risk investorMixed fitThe company's defensive end-markets provide some stability, but it is still subject to broader market and sector volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock is subject to broader market and healthcare sector fluctuations.
Valuation riskMedium / highPremium market multiples often leave little room for error in earnings execution.
Competition risk (Scientific Instrument Peers)MediumIntense competition from diversified players like Thermo Fisher pressures margins and innovation requirements.
Business qualityStrongThe company's strong franchise quality is supported by a large installed base and high recurring revenue.
Dividend incomeLowDividend yields are generally modest as capital is prioritized for growth and acquisitions.
Execution riskMediumSuccessfully integrating large-scale acquisitions is critical to maintaining the company's growth trajectory.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit -5.4%
Avg. Invested days 49
Today’s Advisory Consider higher Upturn Star rating
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 2.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/03/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
DHR receives a 4-star rating, supported by solid unit economics, solid company fundamentals, solid quantitative characteristics, and strong analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
DHR has solid overall fundamentals (4 stars), with solid financial health, moderate growth momentum, and strong ownership. In FY2025 versus FY2024, strong cash generation (FCF margin 21.4%) and solid profitability (net margin 14.7%) are partially offset by negative earnings growth (-7.3%), moderate revenue growth (+2.9%).

Financial Health Rating

★★★★★
DHR's financial health is supported by strong cash strength, including free-cash-flow generation of $5.3B (21.4% of revenue). Liquidity is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Revenue growth is DHR's strongest growth driver at +2.9% FY2025 versus FY2024 (moderate, 3 stars). By comparison, while earnings growth (-7.3%, negative) and free-cash-flow growth (-0.7%, slightly negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 83.6% and approximately 89.1% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 10.81% supports management-shareholder alignment.

Top 5 Institutional Investors

BlackRock Inc 7.84%
Vanguard Capital Management, LLC 5.89%
FMR Inc 4.20%
State Street Corp 4.05%
Wellington Management Company LLP 2.32%

Unit Economics (Per $1K Revenue)

★★★★★
DHR generates approximately $609 of gross profit, $209 of operating income, and $214 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong margins and strong cash conversion support the rating, although capital efficiency remains soft.

Economic Dimensions

★★★★★
Effective Tax Rate: 14.62%

Quantitative Style Profile

★★★★★
DHR has a large-cap, liquid profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Large / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 160.26B USD
Price to earnings Ratio 37.74
1Y Target Price 259.9
Price to earnings Ratio 37.74
1Y Target Price 259.9
Volume (30-day avg) 4.4M shares
Beta 0.8
52 Weeks Range 160.31 - 241.35
Updated Date 11/03/2026
52 Weeks Range 160.31 - 241.35
Updated Date 11/03/2026
Dividends yield (FY) 0.65%
Basic EPS (TTM) 6.04

How Company Makes Money

Business areaWhat it includesRetail investor read
BiotechnologyBioprocessing equipment and consumables for drug and vaccine manufacturing.The company sells essential tools that labs 'consume' to make drugs, providing recurring revenue.
DiagnosticsClinical laboratory instruments and reagents for disease screening and testing.This segment is a reliable profit driver with high recurring income from the sale of test reagents.
Life SciencesMass spectrometry and imaging systems used in research and development.High-tech equipment sales that benefit from increased global investment in life sciences R&D.
GeographyGlobal operations with significant exposure to North America, Europe, and Asia-Pacific markets.International diversification helps mitigate regional economic downturns.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2026-10-21
When Before Market
Estimate 1.92
Actual 2.11

Profitability

Profit Margin 16.91%
Operating Margin (TTM) 21.13%

Management Effectiveness

Return on Assets (TTM) 4.06%
Return on Equity (TTM) 8.19%

Valuation

Trailing PE 37.74
Forward PE 24.88
Enterprise Value 181.06B
Price to Sales(TTM) 6.26
Enterprise Value 181.06B
Price to Sales(TTM) 6.26
Enterprise Value to Revenue 7.19
Enterprise Value to EBITDA 23.57
Shares Outstanding 702.99M
Shares Floating 626.35M
Shares Outstanding 702.99M
Shares Floating 626.35M
Percent Insiders 10.81
Percent Institutions 83.64

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.