Free Cash Flow for Danaher (DHR)
Free Cash Flow for Danaher (DHR): headline value $5.29B · YoY -0.7%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .

DHR
Currently viewingFree Cash FlowSwitch metric
Latest period
$5.29B
YoY change
-0.7%
5Y CAGR
-0.6%
Peak year (2022)
$7.37B
Latest annual
$5.26B
Free Cash Flow history chart for Danaher (DHR) from 1990 to 2025
Free Cash Flow history table for Danaher (DHR) from 1990 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $5.26B | -0.7% | ||
| 2024 | $5.30B | -8.4% | ||
| 2023 | $5.78B | -21.5% | ||
| 2022 | $7.37B | +4.3% | ||
| 2021 | $7.06B | +30.4% | ||
| 2020 | $5.42B | +63.4% | ||
| 2019 | $3.32B | -3.5% | ||
| 2018 | $3.44B | +18.3% | ||
| 2017 | $2.91B | -0.9% | ||
| 2016 | $2.93B | -10.8% | ||
| 2015 | $3.29B | -0.1% | ||
| 2014 | $3.29B | +8.1% | ||
| 2013 | $3.05B | +3.1% | ||
| 2012 | $2.96B | +29.0% | ||
| 2011 | $2.29B | +22.8% | ||
| 2010 | $1.87B | +15.8% | ||
| 2009 | $1.61B | -3.2% | ||
| 2008 | $1.67B | +12.2% | ||
| 2007 | $1.48B | +5.3% | ||
| 2006 | $1.41B | +30.2% | ||
| 2005 | $1.08B | +18.0% | ||
| 2004 | $917.31M | +17.4% | ||
| 2003 | $781.20M | +21.1% | ||
| 2002 | $644.92M | +22.2% | ||
| 2001 | $527.89M | +24.6% | ||
| 2000 | $423.74M | +59.7% | ||
| 1999 | $265.40M | -193.2% | ||
| 1998 | -$284.70M | -232.1% | ||
| 1997 | $215.60M | +30.0% | ||
| 1996 | $165.80M | +44.2% | ||
| 1995 | $115.00M | +27.9% | ||
| 1994 | $89.90M | -5.9% | ||
| 1993 | $95.50M | +144.9% | ||
| 1992 | $39.00M | — | ||
| 1991 | $0 | -100.0% | ||
| 1990 | $37.00M | — |
Free Cash Flow 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
The 2025 reading of Danaher (DHR) free cash flow is $5.26B – edged down 0.7% year-over-year.
Across 2020–2025 (5 years), Danaher free cash flow produced a CAGR of -0.6% – with a net decline across the window.
Between 2022 and 2025, Danaher free cash flow declined 28.6%, falling from $7.37B to $5.26B.
Across the available history, free cash flow reached its high of $7.37B in 2022 and its low of -$284.70M in 1998.
Danaher (DHR) sits 9th of 8 Healthcare peers we track on this metric, against a peer median of $14.22B.
Danaher Free Cash Flow by Year
Danaher Free Cash Flow 2025: $5.26B
Danaher free cash flow in 2025 was $5.26B, edged down 0.7% below 2024.
Danaher Free Cash Flow 2024: $5.30B
Danaher free cash flow in 2024 was $5.30B, declined 8.4% below 2023.
Danaher Free Cash Flow 2023: $5.78B
Danaher free cash flow in 2023 was $5.78B, declined 21.5% below 2022.
Danaher Free Cash Flow 2022: $7.37B
Danaher free cash flow in 2022 was $7.37B, edged up 4.3% from 2021. This figure represents the highest annual value in the available history.
Danaher Free Cash Flow 2021: $7.06B
Danaher free cash flow in 2021 was $7.06B.
See more financial history for Danaher (DHR).
Sector peers — Free Cash Flow
Companies in the same sector as Danaher, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $28.99B | Healthcare |
| Johnson & Johnson (JNJ) | $19.70B | Healthcare |
| AbbVie Inc. (ABBV) | $17.82B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $16.07B | Healthcare |
| Merck & Co., Inc. (MRK) | $12.36B | Healthcare |
| AstraZeneca PLC (AZN) | $11.77B | Healthcare |
| Eli Lilly and Company (LLY) | $8.97B | Healthcare |
| Amgen Inc. (AMGN) | $8.10B | Healthcare |
Frequently asked questions
What is Danaher's free cash flow?
Latest reported free cash flow for Danaher (DHR) is $5.29B (period ending March 27, 2026).
How has Danaher free cash flow changed year-over-year?
Danaher (DHR) free cash flow changed -0.7% year-over-year on the latest annual filing.
What is the long-term growth rate of Danaher free cash flow?
Danaher (DHR) free cash flow compound annual growth rate is -0.6% over the most recent 5 years available.
When did Danaher free cash flow hit its highest annual value?
Danaher free cash flow reached its highest annual value of $7.37B in 2022.
What was Danaher free cash flow in 2024?
Danaher (DHR) free cash flow in 2024 was $5.30B.
What was Danaher free cash flow in 2025?
Danaher (DHR) free cash flow in 2025 was $5.26B.
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