Capital Expenditures for Danaher (DHR)
According to Danaher's latest reported financial statements, the company's current capital expenditures (TTM) is $1.15B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
DHR
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.15B
YoY change
-17.0%
5Y CAGR
+7.9%
Peak year (2024)
$1.39B
Cumulative capital expenditures
$14.45B
CapEx history chart for Danaher (DHR) from 1990 to 2025
CapEx history table for Danaher (DHR) from 1990 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $1.16B | -17.0% | ||
| 2024 | $1.39B | +0.7% | ||
| 2023 | $1.38B | +20.1% | ||
| 2022 | $1.15B | -11.0% | ||
| 2021 | $1.29B | +63.6% | ||
| 2020 | $791.00M | +24.5% | ||
| 2019 | $635.50M | +8.8% | ||
| 2018 | $584.00M | +2.3% | ||
| 2017 | $570.70M | -3.2% | ||
| 2016 | $589.60M | +15.0% | ||
| 2015 | $512.90M | +10.2% | ||
| 2014 | $465.40M | -13.5% | ||
| 2013 | $538.10M | +17.4% | ||
| 2012 | $458.30M | +37.0% | ||
| 2011 | $334.47M | +53.9% | ||
| 2010 | $217.33M | +15.3% | ||
| 2009 | $188.55M | -2.7% | ||
| 2008 | $193.78M | +19.6% | ||
| 2007 | $162.07M | +17.7% | ||
| 2006 | $137.71M | +13.6% | ||
| 2005 | $121.21M | +4.6% | ||
| 2004 | $115.91M | +44.3% | ||
| 2003 | $80.34M | +22.8% | ||
| 2002 | $65.43M | -18.8% | ||
| 2001 | $80.58M | -8.9% | ||
| 2000 | $88.50M | -42.4% | ||
| 1999 | $153.70M | -75.0% | ||
| 1998 | $616.00M | +880.9% | ||
| 1997 | $62.80M | +22.4% | ||
| 1996 | $51.30M | -13.3% | ||
| 1995 | $59.20M | +8.6% | ||
| 1994 | $54.50M | +35.2% | ||
| 1993 | $40.30M | +18.9% | ||
| 1992 | $33.90M | -18.9% | ||
| 1991 | $41.80M | +26.7% | ||
| 1990 | $33.00M | — |
CapEx values are taken from Danaher's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
2025's annual capital expenditures for Danaher (DHR) came in at $1.16B – declined 17.0% year-over-year.
Across 2020–2025 (5 years), Danaher capital expenditures produced a CAGR of +7.9% – with the latest reading among the more recent periods of the dataset.
Between 2024 and 2025, Danaher capital expenditures declined 17.0%, falling from $1.39B to $1.16B.
The dataset's maximum capital expenditures sits at $1.39B (2024); the minimum reading of $33.00M dates to 1990.
Among 8 Healthcare peers, Danaher (DHR) ranks 9th; the peer median for capital expenditures is $3.87B.
Danaher Capital Expenditures by Year
Danaher Capital Expenditures 2025: $1.16B
Danaher capital expenditures in 2025 was $1.16B, declined 17.0% below 2024.
Danaher Capital Expenditures 2024: $1.39B
Danaher capital expenditures in 2024 was $1.39B, edged up 0.7% from 2023. This figure represents the highest annual value in the available history.
Danaher Capital Expenditures 2023: $1.38B
Danaher capital expenditures in 2023 was $1.38B, grew 20.1% from 2022.
Danaher Capital Expenditures 2022: $1.15B
Danaher capital expenditures in 2022 was $1.15B, declined 11.0% below 2021.
Danaher Capital Expenditures 2021: $1.29B
Danaher capital expenditures in 2021 was $1.29B.
See more financial history for Danaher (DHR).
Sector peers — CapEx
Companies in the same sector as Danaher, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $90.11B | Healthcare |
| Eli Lilly and Company (LLY) | $7.84B | Healthcare |
| Johnson & Johnson (JNJ) | $4.83B | Healthcare |
| Merck & Co., Inc. (MRK) | $4.11B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $3.62B | Healthcare |
| AstraZeneca PLC (AZN) | $2.81B | Healthcare |
| Amgen Inc. (AMGN) | $1.86B | Healthcare |
| AbbVie Inc. (ABBV) | $1.21B | Healthcare |
Frequently asked questions
What is Danaher's capital expenditures?
- Latest reported capital expenditures for Danaher (DHR) is $1.15B (period ending March 27, 2026).
How has Danaher capital expenditures changed year-over-year?
- Danaher (DHR) capital expenditures changed -17.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Danaher capital expenditures?
- Danaher (DHR) capital expenditures compound annual growth rate is +7.9% over the most recent 5 years available.
When did Danaher capital expenditures hit its highest annual value?
- Danaher capital expenditures reached its highest annual value of $1.39B in 2024.
What was Danaher capital expenditures in 2024?
- Danaher (DHR) capital expenditures in 2024 was $1.39B.
What was Danaher capital expenditures in 2025?
- Danaher (DHR) capital expenditures in 2025 was $1.16B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
DHR Overview
Company profile, financial tools, and key metrics
DHR Revenue Counter
Earns $785.71 every second. See per minute, hour, and day.
DHR Earnings Counter
Earns $116.98 per second net profit. See per minute, hour, and day.
DHR Economic Scale
Exceeds Guyana's GDP. Compare with world economies.
DHR What If Invested
What if you had invested $1,000? See historical returns from any date.
DHR How It Makes Money
Discover visual breakdown of $24.78B in revenue — where it comes from and where it goes.
DHR Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
DHR Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
DHR Daily Price Character
Balanced · 45.2% historical win rate (green days). Streaks & record days.
DHR Buybacks
1.57% TTM buyback yield. Shareholder yield & SBC comparison.
DHR Stock Split History
7 splits on record. Dates, ratios, and cumulative multiple.
DHR Dividend Profile
Yield: 0.76%. Safety: 4/8. See full history.
DHR Dividend Calculator
How much dividend income would $1,000 have earned? Calculate from any date.
DHR Dividend Forecast
Project future income with DRIP, growth assumptions, and optional monthly contributions.