DANAHER CORP /DE/ (DHR) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does DANAHER CORP /DE/ Do?
Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment provides mass spectrometers; flow cytometry, genomics, lab automation, centrifugation, particle counting and characterization; microscopes; genomics consumables; and Gene and Cell Therapy. This segment also offers bioprocess technologies, consumables, and services; and filtration, separation, and purification technologies to the pharmaceutical and biopharmaceutical, food and beverage, medical, and life sciences companies, as well as universities, medical schools and research institutions, and various industrial manufacturers. The Diagnostics segment provides chemistry, immunoassay, microbiology, and automation systems, as well as hematology, molecular, acute care, and pathology diagnostics products. This segment offers clinical instruments, reagents, consumables, software, and services for hospitals, physicians' offices, reference laboratories, and other critical care settings. The Environmental & Applied Solutions segment offers instrumentation, consumables, software, services, and disinfection systems to analyze, treat, and manage ultra-pure, potable, industrial, waste, ground, source, and ocean water in residential, commercial, industrial, and natural resource applications. This segment also provides instruments, software, services, and consumables for various color and appearance management, packaging design and quality management, packaging converting, printing, marking, coding, and traceability applications for consumer, pharmaceutical, and industrial products. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia. DANAHER CORP /DE/ (DHR) is classified as a large-cap stock in the Technology sector, specifically within the Measuring And Control Equipment industry. The company is led by CEO Rainer M. Blair and employs approximately 81,000 people, headquartered in Washington, District Of Columbia. With a market capitalization of $135.0B, DHR is one of the prominent companies in the Technology sector.
DANAHER CORP /DE/ (DHR) Stock Rating — Hold (April 2026)
As of April 2026, DANAHER CORP /DE/ receives a Hold rating with a composite score of 45.6/100 and 3 out of 5 stars from the Blank Capital Research quantitative model.DHR ranks #1,774 out of 4,446 stocks in our coverage universe. Within the Technology sector, DANAHER CORP /DE/ ranks #192 of 584 stocks, placing it in the upper half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
DHR Stock Price and 52-Week Range
DANAHER CORP /DE/ (DHR) currently trades at $189.61. The stock lost $3.38 (1.8%) in the most recent trading session. The 52-week high for DHR is $242.80, which means the stock is currently trading -21.9% from its annual peak. The 52-week low is $171.00, putting the stock 10.9% above its annual trough. Recent trading volume was 3.2M shares, reflecting moderate market activity.
Is DHR Overvalued or Undervalued? — Valuation Analysis
DANAHER CORP /DE/ (DHR) carries a value factor score of 52/100 in the Blank Capital model, indicating fair valuation relative to historical norms. The trailing price-to-earnings ratio is 41.79x, compared to the Technology sector average of 45.27x — a discount of 8%. The price-to-book ratio stands at 2.57x, versus the sector average of 3.16x. The price-to-sales ratio is 5.75x, compared to 1.06x for the average Technology stock. On an enterprise value basis, DHR trades at 37.05x EV/EBITDA, versus 12.79x for the sector.
Overall, DHR's valuation appears roughly in line with sector benchmarks, suggesting the market is pricing the stock fairly given its current fundamentals and growth trajectory. Neither deep value nor significantly overpriced, the stock occupies a middle ground on valuation.
DANAHER CORP /DE/ Profitability — ROE, Margins, and Quality Score
DANAHER CORP /DE/ (DHR) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 6.2%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at 3.9% versus the sector average of -1.0%.
On a margin basis, DANAHER CORP /DE/ reports gross margins of 59.3%, compared to 50.9% for the sector. The operating margin is 17.6% (sector: -0.5%). Net profit margin stands at 13.8%, versus -1.5% for the average Technology stock. Revenue growth is running at 5.4% on a trailing basis, compared to 14.2% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
DHR Debt, Balance Sheet, and Financial Health
DANAHER CORP /DE/ has a debt-to-equity ratio of 35.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 1.87x, suggesting adequate working capital coverage. Total debt on the balance sheet is $18.42B. Cash and equivalents stand at $1.53B.
DHR has a beta of 0.99, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for DANAHER CORP /DE/ is 70/100, indicating low-volatility characteristics and consistent price behavior that appeals to risk-averse investors.
DANAHER CORP /DE/ Revenue and Earnings History — Quarterly Trend
In TTM 2026, DANAHER CORP /DE/ reported revenue of $23.53B and earnings per share (EPS) of $5.07. Net income for the quarter was $3.23B. Gross margin was 59.3%. Operating income came in at $4.15B.
In FY 2025, DANAHER CORP /DE/ reported revenue of $24.57B and earnings per share (EPS) of $5.07. Net income for the quarter was $3.61B. Gross margin was 59.1%. Revenue grew 2.9% year-over-year compared to FY 2024. Operating income came in at $4.69B.
In Q3 2025, DANAHER CORP /DE/ reported revenue of $6.05B and earnings per share (EPS) of $1.28. Net income for the quarter was $908M. Gross margin was 58.2%. Revenue grew 4.4% year-over-year compared to Q3 2024. Operating income came in at $1.15B.
In Q2 2025, DANAHER CORP /DE/ reported revenue of $5.94B and earnings per share (EPS) of $0.77. Net income for the quarter was $555M. Gross margin was 59.4%. Revenue grew 3.4% year-over-year compared to Q2 2024. Operating income came in at $760M.
Over the past 8 quarters, DANAHER CORP /DE/ has demonstrated a growth trajectory, with revenue expanding from $5.74B to $23.53B. Investors analyzing DHR stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
DHR Dividend Yield and Income Analysis
DANAHER CORP /DE/ (DHR) currently pays a dividend yield of 0.7%. At this yield, a $10,000 investment in DHR stock would generate approximately $$67.00 in annual dividend income. The net margin of 13.8% provides reasonable coverage for the dividend, though investors should monitor payout sustainability.
DHR Momentum and Technical Analysis Profile
DANAHER CORP /DE/ (DHR) has a momentum factor score of 35/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 31/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 40/100 reflects moderate short selling activity.
DHR vs Competitors — Technology Sector Ranking and Peer Comparison
Within the Technology sector, DANAHER CORP /DE/ (DHR) ranks #192 out of 584 stocks based on the Blank Capital composite score. This places DHR in the upper half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.
Comparing DHR against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full DHR vs S&P 500 (SPY) comparison to assess how DANAHER CORP /DE/ stacks up against the broader market across all factor dimensions.
DHR Next Earnings Date
No upcoming earnings date has been announced for DANAHER CORP /DE/ (DHR) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy DHR? — Investment Thesis Summary
DANAHER CORP /DE/ presents a balanced picture with arguments on both sides. Momentum is weak at 35/100, a headwind for near-term performance. Low volatility (stability score 70/100) reduces downside risk.
In summary, DANAHER CORP /DE/ (DHR) earns a Hold rating with a composite score of 45.6/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on DHR stock.
Related Resources for DHR Investors
Explore more research and tools: DHR vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare DHR head-to-head with peers: DHR vs IHS, DHR vs VRSN, DHR vs ESE.