← DANAHER CORP /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $16.9b | $18.3b | $19.9b | $17.9b | $22.3b | $29.5b | $31.5b | $23.9b | $23.9b | $24.6b | |
| Cost of Revenue | $7.5b | $8.1b | $8.8b | $7.9b | $9.8b | $11.5b | $12.5b | $9.9b | $9.7b | $10.0b | |
| Cost of sales | ($7.5b) | ($8.1b) | ($8.8b) | ($7.9b) | ($9.8b) | ($11.5b) | ($12.5b) | ($9.9b) | ($9.7b) | ($10.0b) | |
| Gross Profit | $9.3b | $10.2b | $11.1b | $10.0b | $12.5b | $18.0b | $18.9b | $14.0b | $14.2b | $14.5b | |
| Operating Income (Loss) | $2.8b | $3.0b | $3.4b | $3.3b | $4.2b | $7.5b | $8.7b | $5.2b | $4.9b | $4.7b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $583.0m | $661.0m | $706.0m | $625.0m | $1.1b | $1.4b | $1.5b | $1.5b | $1.6b | $1.7b | |
| Basic (in shares) | $691.2m | $695.8m | $700.6m | $715.0m | $706.2m | $714.6m | $725.1m | $736.5m | $731.0m | $712.7m | |
| Diluted (in shares) | $699.8m | $706.1m | $710.2m | $725.5m | $718.7m | $736.8m | $737.1m | $743.1m | $737.2m | $716.1m | |
| Earnings from continuing operations before income taxes | $2.6b | $2.9b | $3.3b | $3.3b | $4.5b | $7.6b | $8.3b | $5.0b | $4.6b | $4.2b | |
| Earnings from discontinued operations, net of income taxes | $400.3m | $22.3m | $0 | $575.9m | $0 | $86.0m | $0 | $543.0m | $0 | $14.0m | |
| Gain (Loss) on Investments | — | — | — | — | $18.0m | $401.0m | ($271.0m) | ($182.0m) | ($57.0m) | ($248.0m) | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations, Per Basic Share | $3 | $4 | $4 | $3 | $5 | $9 | $10 | $6 | $5 | $5 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $3 | $4 | $4 | $3 | $5 | $8 | $10 | $6 | $5 | $5 | |
| Income taxes | ($457.9m) | ($469.0m) | ($641.9m) | ($873.0m) | ($849.0m) | ($1.3b) | ($1.1b) | ($823.0m) | ($747.0m) | ($633.0m) | |
| Interest income | $200k | $7.5m | $9.2m | $139.0m | $71.0m | $11.0m | $41.0m | $303.0m | $117.0m | $30.0m | |
| Investment Income, Interest | $200k | $7.5m | $9.2m | $139.0m | $71.0m | $11.0m | $41.0m | $303.0m | $117.0m | $30.0m | |
| Mandatory convertible preferred stock dividends | — | $0 | $0 | ($68.4m) | ($136.0m) | ($164.0m) | ($106.0m) | ($21.0m) | $0 | $0 | |
| Net earnings | $2.6b | $2.5b | $2.7b | $3.0b | $3.6b | $6.4b | $7.2b | $4.8b | $3.9b | $3.6b | |
| Net earnings attributable to common stockholders | — | $2.5b | $2.7b | $2.9b | $3.5b | $6.3b | $7.1b | $4.7b | $3.9b | $3.6b | |
| Net earnings from continuing operations | $2.2b | $2.5b | $2.7b | $2.4b | $3.6b | $6.3b | $7.2b | $4.2b | $3.9b | $3.6b | |
| Operating profit | $2.8b | $3.0b | $3.4b | $3.3b | $4.2b | $7.5b | $8.7b | $5.2b | $4.9b | $4.7b | |
| Preferred Stock Dividends, Income Statement Impact | — | $0 | $0 | $68.4m | $136.0m | $164.0m | $106.0m | $21.0m | $0 | $0 | |
| Realized Investment Gains (Losses) | — | — | — | — | — | $120.0m | $123.0m | $89.0m | $156.0m | ($140.0m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $2.6b | $2.9b | $3.3b | $3.3b | $4.5b | $7.6b | $8.3b | $5.0b | $4.6b | $4.2b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $2.2b | $2.5b | $2.7b | $2.4b | $3.6b | $6.3b | $7.2b | $4.2b | $3.9b | $3.6b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $400.3m | $22.3m | $0 | $575.9m | $0 | $86.0m | $0 | $543.0m | $0 | $14.0m | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $400.3m | $22.3m | $0 | $589.2m | $0 | $86.0m | $0 | $543.0m | $0 | $14.0m | |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, Basic | $3 | $4 | $4 | $2.4b | $3.5b | $6.2b | $7.1b | $4.2b | $3.9b | $3.6b | |
| Net Income (Loss) Attributable to Parent | $2.6b | $2.5b | $2.7b | $3.0b | $3.6b | $6.4b | $7.2b | $4.8b | $3.9b | $3.6b | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | $2.5b | $2.7b | $2.9b | $3.5b | $6.3b | $7.1b | $4.7b | $3.9b | $3.6b | |
| Earnings Per Share, Basic | $3.27 | $3.17 | $3.35 | $3.64 | $4.41 | $7.77 | $8.69 | $6.44 | $5.33 | $5.07 | |
| Earnings Per Share, Diluted | $3.24 | $3.13 | $3.32 | $3.59 | $4.34 | $7.63 | $8.56 | $6.38 | $5.29 | $5.05 | |
| Net earnings per common share from continuing operations, basic (in usd per share) | $3 | $4 | $4 | $3 | $5 | $9 | $10 | $6 | $5 | $5 | |
| Net earnings per common share from continuing operations, diluted (in usd per share) | $3 | $4 | $4 | $3 | $5 | $8 | $10 | $6 | $5 | $5 | |
| Net earnings per common share from discontinued operations, basic (in usd per share) | $1 | $0 | $0 | $1 | $0 | $0 | $0 | $1 | $0 | $0 | |
| Net earnings per common share from discontinued operations, diluted (in usd per share) | $1 | $0 | $0 | $1 | $0 | $0 | $0 | $1 | $0 | $0 | |
| Weighted Average Number of Shares Outstanding, Basic | 779.7m | 784.9m | 790.3m | 806.5m | 796.6m | 806.1m | 817.9m | 736.5m | 731.0m | 712.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 789.4m | 796.5m | 801.1m | 818.4m | 810.7m | 831.1m | 831.4m | 743.1m | 737.2m | 716.1m | |
| Interest Expense | $184.4m | $162.7m | $157.4m | $108.6m | $275.0m | $238.0m | $211.0m | $286.0m | $278.0m | $265.0m | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $278.0m | $265.0m | |
| Other Cost and Expense, Operating | — | — | — | — | — | $547.0m | $0 | $0 | — | — | |
| Other Nonoperating Income (Expense) | — | — | $35.0m | $12.0m | $39.0m | $456.0m | ($226.0m) | ($175.0m) | ($56.0m) | ($222.0m) | |
| Other income (expense), net | — | — | $35.0m | $12.0m | $39.0m | $456.0m | ($226.0m) | ($175.0m) | ($56.0m) | ($222.0m) | |
| Research and Development Expense | $975.1m | $1.1b | $1.2b | $1.1b | $1.3b | $1.7b | $1.7b | $1.5b | $1.6b | $1.6b | |
| Research and development expenses | ($975.1m) | ($1.1b) | ($1.2b) | ($1.1b) | ($1.3b) | ($1.7b) | ($1.7b) | ($1.5b) | ($1.6b) | ($1.6b) | |
| Selling, General and Administrative Expense | $5.6b | $6.0b | $6.5b | $5.6b | $6.9b | $8.2b | $8.5b | $7.3b | $7.8b | $8.2b | |
| Selling, general and administrative expenses | ($5.6b) | ($6.0b) | ($6.5b) | ($5.6b) | ($6.9b) | ($8.2b) | ($8.5b) | ($7.3b) | ($7.8b) | ($8.2b) | |
| Income Tax Expense (Benefit) | $457.9m | $469.0m | $641.9m | $873.0m | $849.0m | $1.3b | $1.1b | $823.0m | $747.0m | $633.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.