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Danaher (DHR) Cash Flow Waterfall

Trace Danaher's cash from operations down to free cash flow, then see where FCF goes — capex, buybacks, dividends, and debt repayment.

Operating CF

$6.44B

Capex

−$1.15B

Free Cash Flow

$5.29B

FCF Margin

+82.2%

Cash flow waterfall for Danaher (DHR) — TTM through Q1 2026

Free cash flow: $5.29B

Cash flow breakdown for Danaher (DHR) — TTM through Q1 2026

  • Operating Cash Flow$6.44B
  • Capital Expenditure−$1.15B
  • Free Cash Flow$5.29B
  • Other Investing−$55.00M
  • Share Buybacks−$2.02B
  • Dividends Paid−$910.00M
  • Net Debt Change$308.00M
  • Other Financing$961.00M
  • Forex Effect$789.00M
  • Net Cash Increase$4.37B
Want to see what drove the FCF change?Free Cash Flow Bridge

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Data & methodology