DHR
Danaher Corp /de/ Information Technology Industrial Instruments For Measurement, Display, and Control S&P 500Russell 3000
$232.23Close
$164.2BMarket cap
$161.57 – $241.0452-week range
Mid-januaryNext report · estimated
Highlights
Strengths
- Near its high 4% below its 52-week high
- Earnings growing EPS +37% year on year
Cautions
- Trend not confirmed 6 of 8 conditions · 150-day under the 200-day, 200-day not rising
Price
Filing Results Screen pick 52-week high and low Adjusted prices
Key figures
Off 12-month high
4%
1wk
up 0.8%
price change
1mo
up 4.8%
price change
12-month return
up 9%
market up 11% ·
its own down 2%
F-score
7 / 9
Strong
Altman Z
4.54
Low risk
P/E
45.4×
price / earnings
PEG
—
P/E / EPS growth
P/B
3.1×
price / book
Earnings yield
up 2.6%
EBIT / enterprise value
Cheaper than
48%
of the market · around average
Revenue growth
up 3%
year on year
EPS growth
up 37%
latest quarter · -22 pts
Sales growth
up 8%
latest quarter · +3 pts
ROE
up 7%
return on equity
Free cash margin
up 21%
$5.3B FCF
D/E
0.35
long-term debt / equity
Net debt / EBITDA
2.9×
Interest cover
—EBIT / interest
Piotroski tests
- took on more long-term debt
- gross margin narrowed
- profitable on its assets
- generating cash from operations
- profitability improving
- profits backed by cash
- short-term liquidity improved
- no new shares issued
- assets working harder
Repair signals
- Revenue reaccelerating (-0% then +3%)
Trade setup
ATR%
2.9%
$6.64 a day · 2×ATR $218.95
RS
73 / 99
vs the universe
Trend
6 / 8
150-day under the 200-day, 200-day not rising
Relative volume
0.9×
vs 50-day average
Up/down volume
1.23
50 sessions
Implied move
—
no scheduled report
Trend template · 6 of 8
- 150-day average above the 200-day: fails
- 200-day average rising for a month: fails
Screen verdict
Did not qualify for any screen.
Warning signs
- No restatement or impairment
- Equity positive
- Interest covered
- No material dilution
- Profits tracking cash
- Margins and revenue not shrinking
Last reported
Oct 21, 2026
Last shock
Jul 21, 2026-11% in one session5.6× volumeon results+30% since
Options
$1.1M31.0% IV · activity
Financials
- Gross 59%
- Net 15%
- Free cash 21%
- Cash
- Long-term debt
| FY2020Dec 31, 2020 | FY2021Dec 31, 2021 | FY2022Dec 31, 2022 | FY2023Dec 31, 2023 | FY2024Dec 31, 2024 | FY2025Dec 31, 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $22.3B | $24.8B | $26.6B | $23.9B | $23.9B | $24.6B |
| Gross margin | 56% | 61% | 61% | 59% | 60% | 59% |
| Operating income | $4.2B | $6.4B | $7.5B | $5.2B | $4.9B | $4.7B |
| Net income | $3.6B | $6.4B | $7.2B | $4.8B | $3.9B | $3.6B |
| Net margin | 16% | 26% | 27% | 20% | 16% | 15% |
| Earnings per share | $5.07 | $8.73 | $9.78 | $6.41 | $5.29 | $5.05 |
| Free cash flow | $5.4B | $7.1B | $7.4B | $5.8B | $5.3B | $5.3B |
| Free cash margin | 24% | 29% | 28% | 24% | 22% | 21% |
| Cash | $6.0B | $2.6B | $6.0B | $5.9B | $2.1B | $4.6B |
| Long-term debt | $21.2B | $22.2B | $19.1B | $16.7B | $15.5B | $18.4B |
| Shareholders' equity | $39.8B | $45.2B | $50.1B | $53.5B | $49.5B | $52.5B |
| Shares outstanding | 711m | 715m | 728.30m | 739.20m | 719.10m | 706.90m |
What options price now
- Expected 1-month range The at-the-money straddle for the expiry nearest a month out, as a share of the price: the move, either way, the option market is pricing by then. The range is the price plus and minus that move; the stock ends inside it a little more often than not. Methodology
- $217 – $248 ±6.7% by Nov 27, 2026
- Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
- About the same 31.0% priced · 28.6% recent
- Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
- About the same
- Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
- past week: costs less
Positioning
- Premium traded
- $1.1M calls $497,887 · puts $614,166 · latest session
- 1.23× +0.94 over the week
- Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
- calls -903 · puts -3.79k past week
For options traders: ATM IV 31.0% (-0.9% 1w) · 1m ÷ 3m IV 1.02 · 25Δ skew 1.2 pts · Net GEX $19.4M
Most traded contracts
No contract passed the liquidity filters this week.
Filings
| Filed | Report | Period to | Lag |
|---|---|---|---|
| Oct 21, 2026 | Quarterly ↗ | Sep 25, 2026 | 26d |
| Jul 21, 2026 | Quarterly ↗ | Jun 26, 2026 | 25d |
| Apr 21, 2026 | Quarterly ↗ | Mar 27, 2026 | 25d |
| Feb 24, 2026 | Annual ↗ | Dec 31, 2025 | 55d |
| Oct 21, 2025 | Quarterly ↗ | Sep 26, 2025 | 25d |
| Jul 22, 2025 | Quarterly ↗ | Jun 27, 2025 | 25d |
| Apr 22, 2025 | Quarterly ↗ | Mar 28, 2025 | 25d |
| Feb 20, 2025 | Annual ↗ | Dec 31, 2024 | 51d |
| Oct 22, 2024 | Quarterly ↗ | Sep 27, 2024 | 25d |
| Jul 23, 2024 | Quarterly ↗ | Jun 28, 2024 | 25d |
| Apr 23, 2024 | Quarterly ↗ | Mar 29, 2024 | 25d |
| Feb 21, 2024 | Annual ↗ | Dec 31, 2023 | 52d |
Current reports
| Filed | Disclosed |
|---|---|
| Oct 21, 2026 | Results ↗ |
| Oct 13, 2026 | Director or officer change · Other events ↗ |
| Aug 3, 2026 | Director or officer change · Regulation FD · Other events ↗ |
| Jul 21, 2026 | Results ↗ |
| Jun 3, 2026 | New obligation · Other events ↗ |
| May 7, 2026 | Director or officer change · Shareholder vote ↗ |
| Apr 29, 2026 | Material agreement · Other events ↗ |
| Apr 21, 2026 | Results ↗ |
| Apr 17, 2026 | Material agreement · New obligation ↗ |
| Feb 17, 2026 | Other events ↗ |
| Feb 10, 2026 | Director or officer change ↗ |
| Jan 28, 2026 | Results ↗ |