Danaher (DHR) Stock Buyback History
TTM buyback yield 1.91% · Shareholder yield (TTM) 1.91%.

Danaher
DHR
TTM buyback yield
1.91%
Shareholder yield (TTM)
1.91%
5Y share count change
-1.1%
TTM buyback spend
$3.09B
SBC coverage (TTM)
8.10x
Diluted vs basic shares (annual)
Weighted average shares from the income statement: diluted (EPS denominator and typical buyback-yield basis) compared with basic.
Shares outstanding (annual)
Year-over-year change in diluted weighted average shares (industry-standard for EPS and per-share capital return). Green is fewer shares vs the prior fiscal year; red is growth (dilution). The earliest year shown has no prior year to compare.
Dividend & buyback yield
Buybacks vs stock-based compensation
TTM coverage: 8.10x (buybacks ÷ SBC). Bars are fiscal-year totals.
Buyback spending history
| Year | Buybacks | SBC | Net | Shares (dil.) | YoY shares | Buyback yield |
|---|---|---|---|---|---|---|
| 2025 | $3.09B | $298.00M | $2.79B | 0.71B | -3.6% | 1.91% |
| 2024 | $5.98B | $288.00M | $5.69B | 0.74B | -0.8% | 3.56% |
| 2023 | $0.00 | $306.00M | −$306.00M | 0.74B | 0.8% | — |
| 2022 | $0.00 | $295.00M | −$295.00M | 0.74B | 0.0% | — |
| 2021 | $0.00 | $184.00M | −$184.00M | 0.74B | 2.5% | — |
| 2020 | $0.00 | $187.00M | −$187.00M | 0.72B | -0.9% | — |
| 2019 | $0.00 | $158.80M | −$158.80M | 0.73B | 2.2% | — |
| 2018 | $0.00 | $151.40M | −$151.40M | 0.71B | 0.6% | — |
| 2017 | $0.00 | $139.40M | −$139.40M | 0.71B | 0.9% | — |
| 2016 | $0.00 | $129.80M | −$129.80M | 0.70B | -1.2% | — |
| 2015 | $0.00 | $139.00M | −$139.00M | 0.71B | -1.1% | — |
| 2014 | $0.00 | $121.10M | −$121.10M | 0.72B | 0.7% | — |
| 2013 | $0.00 | $117.70M | −$117.70M | 0.71B | -0.3% | — |
| 2012 | $648.40M | $109.90M | $538.50M | 0.71B | 1.7% | 2.50% |
| 2011 | $0.00 | $95.60M | −$95.60M | 0.70B | 2.6% | — |
| 2010 | $0.00 | $88.12M | −$88.12M | 0.68B | 1.8% | — |
| 2009 | $0.00 | $87.35M | −$87.35M | 0.67B | -0.0% | — |
| 2008 | $74.17M | $86.00M | −$11.84M | 0.67B | 1.9% | 0.58% |
| 2007 | $117.49M | $0.00 | $117.49M | 0.66B | 1.3% | 0.59% |
| 2006 | $0.00 | $0.00 | $0.00 | 0.65B | -0.8% | — |
| 2005 | $257.70M | $0.00 | $257.70M | 0.66B | 0.1% | 2.24% |
| 2004 | $0.00 | $0.00 | $0.00 | 0.66B | 1.4% | — |
| 2003 | $0.00 | $0.00 | $0.00 | 0.65B | 1.9% | — |
| 2002 | $0.00 | $0.00 | $0.00 | 0.63B | 4.4% | — |
| 2001 | $17.30M | $0.00 | $17.30M | 0.61B | 4.4% | 0.28% |
| 2000 | $82.17M | $0.00 | $82.17M | 0.58B | -0.4% | — |
| 1999 | $0.00 | $0.00 | $0.00 | 0.58B | 1.5% | — |
| 1998 | $2.10M | $0.00 | $2.10M | 0.58B | -2.3% | — |
| 1997 | $80.20M | $0.00 | $80.20M | 0.59B | 8.2% | — |
| 1996 | $12.10M | $0.00 | $12.10M | 0.54B | — | — |
| 1995 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1994 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1993 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1992 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1991 | $0.00 | $0.00 | $0.00 | — | — | — |
| 1990 | $15.20M | $0.00 | $15.20M | — | — | — |
Buybacks vs dividends (share of cash returned)
Buyback capacity (TTM)
TTM buybacks vs headroom (FCF − dividends, TTM)70% of headroom
Headroom $4.38B (TTM FCF − TTM dividends, clamped at zero).
Frequently asked questions
Does Danaher buy back its own stock?
- Yes, Danaher (DHR) has repurchased shares in recent periods. See the history table and charts on this page for amounts and trends.
How much does Danaher spend on share buybacks?
- Trailing twelve months (TTM) buyback spend is about $3.09B (sum of the last four quarterly cash-flow periods in our data). Figures are illustrative; verify in filings.
What is Danaher's buyback yield?
- TTM buyback yield is about 1.91% (TTM buyback spend divided by market cap at the latest quarter-end in our data).
What is Danaher's shareholder yield?
- Shareholder yield combines dividend yield and buyback yield. For the latest period we show approximately 1.91% combined (TTM-based where available).
Is Danaher diluting shareholders?
- Compare stock-based compensation (SBC) to buybacks in the chart above. Net effect varies by year; see annual buyback vs SBC bars and the history table.
How has Danaher's share count changed?
- Diluted weighted average shares changed by about -1.1% over roughly five fiscal years (annual income statement data).