Operating Income for Danaher (DHR)
According to Danaher's latest reported financial statements, the company's current operating income (TTM) is $5.19B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

DHR
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$5.19B
YoY change
-0.9%
5Y CAGR
+3.6%
Peak year (2021)
$8.05B
Cumulative operating income
$79.76B
Operating Income history chart for Danaher (DHR) from 1985 to 2025
Operating Income history table for Danaher (DHR) from 1985 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $5.14B | -0.9% | ||
| 2024 | $5.18B | -1.8% | ||
| 2023 | $5.28B | -29.9% | ||
| 2022 | $7.54B | -6.4% | ||
| 2021 | $8.05B | +86.7% | ||
| 2020 | $4.31B | +28.2% | ||
| 2019 | $3.36B | +9.5% | ||
| 2018 | $3.07B | -2.5% | ||
| 2017 | $3.15B | +5.4% | ||
| 2016 | $2.99B | +23.6% | ||
| 2015 | $2.42B | -32.9% | ||
| 2014 | $3.60B | +7.0% | ||
| 2013 | $3.37B | +5.4% | ||
| 2012 | $3.20B | +16.7% | ||
| 2011 | $2.74B | +22.6% | ||
| 2010 | $2.23B | +28.9% | ||
| 2009 | $1.73B | -11.2% | ||
| 2008 | $1.95B | +13.0% | ||
| 2007 | $1.73B | +14.6% | ||
| 2006 | $1.51B | +18.2% | ||
| 2005 | $1.27B | +16.2% | ||
| 2004 | $1.10B | +29.7% | ||
| 2003 | $846.00M | +20.7% | ||
| 2002 | $701.12M | +39.7% | ||
| 2001 | $502.01M | -9.1% | ||
| 2000 | $552.15M | +20.6% | ||
| 1999 | $458.00M | +24.9% | ||
| 1998 | $366.80M | +37.4% | ||
| 1997 | $266.90M | +18.0% | ||
| 1996 | $226.20M | +25.5% | ||
| 1995 | $180.30M | +23.6% | ||
| 1994 | $145.90M | +56.9% | ||
| 1993 | $93.00M | +52.5% | ||
| 1992 | $61.00M | +74.8% | ||
| 1991 | $34.90M | -53.8% | ||
| 1990 | $75.60M | -19.6% | ||
| 1989 | $94.00M | -10.1% | ||
| 1988 | $104.60M | +23.8% | ||
| 1987 | $84.50M | +156.1% | ||
| 1986 | $33.00M | +65.8% | ||
| 1985 | $19.90M | — |
Operating Income values are taken from Danaher's reported income 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 operating income for Danaher (DHR) came in at $5.14B – edged down 0.9% year-over-year.
Danaher operating income has recorded the values shown across consecutive periods, with a +3.6% compound annual growth rate over 2020–2025 (5 years).
Danaher operating income plunged from $8.05B in 2021 to $5.14B in 2025, a 36.2% drawdown.
$8.05B stands as the all-time-high annual operating income, posted in 2021, against a low of $19.90M during 1985.
Danaher (DHR) sits 9th of 8 Healthcare peers we track on this metric, against a peer median of $22.84B.
Danaher Operating Income by Year
Danaher Operating Income 2025: $5.14B
Danaher operating income in 2025 was $5.14B, edged down 0.9% below 2024.
Danaher Operating Income 2024: $5.18B
Danaher operating income in 2024 was $5.18B, edged down 1.8% below 2023.
Danaher Operating Income 2023: $5.28B
Danaher operating income in 2023 was $5.28B, declined 29.9% below 2022.
Danaher Operating Income 2022: $7.54B
Danaher operating income in 2022 was $7.54B, declined 6.4% below 2021.
Danaher Operating Income 2021: $8.05B
Danaher operating income in 2021 was $8.05B.
See more financial history for Danaher (DHR).
Sector peers — Operating Income
Companies in the same sector as Danaher, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Novo Nordisk A/S (NVO) | $127.66B | Healthcare |
| Eli Lilly and Company (LLY) | $29.70B | Healthcare |
| Merck & Co., Inc. (MRK) | $26.78B | Healthcare |
| Johnson & Johnson (JNJ) | $25.60B | Healthcare |
| AbbVie Inc. (ABBV) | $20.09B | Healthcare |
| UnitedHealth Group Incorporated (UNH) | $18.96B | Healthcare |
| AstraZeneca PLC (AZN) | $13.74B | Healthcare |
| Amgen Inc. (AMGN) | $10.68B | Healthcare |
Frequently asked questions
What is Danaher's operating income?
- Latest reported operating income for Danaher (DHR) is $5.19B (period ending March 27, 2026).
How has Danaher operating income changed year-over-year?
- Danaher (DHR) operating income changed -0.9% year-over-year on the latest annual filing.
What is the long-term growth rate of Danaher operating income?
- Danaher (DHR) operating income compound annual growth rate is +3.6% over the most recent 5 years available.
When did Danaher operating income hit its highest annual value?
- Danaher operating income reached its highest annual value of $8.05B in 2021.
What was Danaher operating income in 2024?
- Danaher (DHR) operating income in 2024 was $5.18B.
What was Danaher operating income in 2025?
- Danaher (DHR) operating income in 2025 was $5.14B.
Metrics overview
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