How does Danaher (DHR) make money?

Danaher (DHR) primarily makes money through Revenue from Contract with Customer, Measurement, Recurring, which accounts for 82.1% of total revenue. For TTM through Q1 2026, Danaher generated $24.78B in total revenue with a net profit margin of 14.9%.

What is Danaher (DHR) gross profit margin?

Danaher (DHR) reported a gross profit margin of 60.7% for TTM through Q1 2026, equivalent to $15.04B in gross profit. This means Danaher retains 60.7% of each revenue unit after direct costs of production.

What is Danaher (DHR) operating profit margin?

Danaher (DHR) reported an operating profit margin of 21% for TTM through Q1 2026, equivalent to $5.19B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Danaher (DHR) net profit margin?

Danaher (DHR) reported a net profit margin of 14.9% for TTM through Q1 2026, equivalent to $3.69B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Danaher (DHR) invest in R&D?

Danaher (DHR) invested $1.61B in research and development in TTM through Q1 2026 (6.5% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Danaher (DHR) spend on capital expenditures?

Danaher (DHR) spent $1.15B on capital expenditures in TTM through Q1 2026 (4.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Danaher (DHR) free cash flow?

Danaher (DHR) generated $5.29B in free cash flow for TTM through Q1 2026 (21.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Danaher (DHR) effective tax rate?

Danaher (DHR) had an effective tax rate of 15% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How Danaher (DHR) Makes Money: A Visual Guide

Danaher (DHR) generated $24.78B in revenue, earning $3.69B in net profit (14.9% margin). Its largest revenue source is Revenue from Contract with Customer, Measurement, Recurring (82.1% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Danaher (DHR) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 27, 2026 (reported April 21, 2026).

Frequently asked questions

How does Danaher (DHR) make money?: Danaher (DHR) primarily makes money through Revenue from Contract with Customer, Measurement, Recurring, which accounts for 82.1% of total revenue. For TTM through Q1 2026, Danaher generated $24.78B in total revenue with a net profit margin of 14.9%.
What is Danaher (DHR) gross profit margin?: Danaher (DHR) reported a gross profit margin of 60.7% for TTM through Q1 2026, equivalent to $15.04B in gross profit. This means Danaher retains 60.7% of each revenue unit after direct costs of production.
What is Danaher (DHR) operating profit margin?: Danaher (DHR) reported an operating profit margin of 21% for TTM through Q1 2026, equivalent to $5.19B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Danaher (DHR) net profit margin?: Danaher (DHR) reported a net profit margin of 14.9% for TTM through Q1 2026, equivalent to $3.69B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Danaher (DHR) invest in R&D?: Danaher (DHR) invested $1.61B in research and development in TTM through Q1 2026 (6.5% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Danaher (DHR) spend on capital expenditures?: Danaher (DHR) spent $1.15B on capital expenditures in TTM through Q1 2026 (4.6% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Danaher (DHR) free cash flow?: Danaher (DHR) generated $5.29B in free cash flow for TTM through Q1 2026 (21.4% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Danaher (DHR) effective tax rate?: Danaher (DHR) had an effective tax rate of 15% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.