Danaher annual return on equity
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Danaher Return on Equity (ROE) Growth & History (DHR)
Danaher's return on equity was 7.08% for fiscal 2025.
View full Danaher company overviewDanaher annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 7.08% | −0.49 pp |
| 2024 | 2024-12-31 | 7.57% | −1.63 pp |
| 2023 | 2023-12-31 | 9.20% | −5.94 pp |
| 2022 | 2022-12-31 | 15.14% | −0.01 pp |
| 2021 | 2021-12-31 | 15.15% | +4.74 pp |
| 2020 | 2020-12-31 | 10.41% | +0.13 pp |
| 2019 | 2019-12-31 | 10.29% | +0.57 pp |
| 2018 | 2018-12-31 | 9.72% | −0.38 pp |
| 2017 | 2017-12-31 | 10.10% | −0.84 pp |
| 2016 | 2016-12-31 | 10.94% | −3.33 pp |
| 2015 | 2015-12-31 | 14.27% | +2.91 pp |
| 2014 | 2014-12-31 | 11.36% | −1.66 pp |
| 2013 | 2013-12-31 | 13.02% | −0.30 pp |
| 2012 | 2012-12-31 | 13.32% | −0.87 pp |
| 2011 | 2011-12-31 | 14.19% | +0.04 pp |
| 2010 | 2010-12-31 | 14.15% | +3.41 pp |
| 2009 | 2009-12-31 | 10.74% | — |
Danaher quarterly return on equity
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Q3.25
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-26 | 1.65% | +0.57 pp |
| Q1 2026 | 2026-03-27 | 1.95% | +0.05 pp |
| Q4 2025 | 2025-12-31 | 2.31% | +0.16 pp |
| Q3 2025 | 2025-09-26 | 1.76% | +0.14 pp |
| Q2 2025 | 2025-06-27 | 1.08% | −0.68 pp |
| Q1 2025 | 2025-03-28 | 1.90% | −0.13 pp |
| Q4 2024 | 2024-12-31 | 2.15% | +0.12 pp |
| Q3 2024 | 2024-09-27 | 1.62% | −0.55 pp |
| Q2 2024 | 2024-06-28 | 1.76% | −0.39 pp |
| Q1 2024 | 2024-03-29 | 2.04% | −0.82 pp |
| Q4 2023 | 2023-12-31 | 2.04% | −2.56 pp |
| Q3 2023 | 2023-09-29 | 2.17% | −1.19 pp |
| Q2 2023 | 2023-06-30 | 2.14% | −1.47 pp |
| Q1 2023 | 2023-03-31 | 2.86% | −0.91 pp |
| Q4 2022 | 2022-12-31 | 4.60% | +0.56 pp |
| Q3 2022 | 2022-09-30 | 3.36% | +0.67 pp |
| Q2 2022 | 2022-07-01 | 3.61% | −0.68 pp |
| Q1 2022 | 2022-04-01 | 3.77% | −0.48 pp |
| Q4 2021 | 2021-12-31 | 4.04% | +0.84 pp |
| Q3 2021 | 2021-10-01 | 2.69% | +0.31 pp |
| Q2 2021 | 2021-07-02 | 4.29% | +1.54 pp |
| Q1 2021 | 2021-04-02 | 4.25% | +2.30 pp |
| Q4 2020 | 2020-12-31 | 3.19% | −0.87 pp |
| Q3 2020 | 2020-10-02 | 2.38% | +0.31 pp |
| Q2 2020 | 2020-07-03 | 2.75% | +0.46 pp |
| Q1 2020 | 2020-04-03 | 1.94% | +0.82 pp |
| Q4 2019 | 2019-12-31 | 4.06% | +1.39 pp |
| Q3 2019 | 2019-09-27 | 2.06% | −0.35 pp |
| Q2 2019 | 2019-06-28 | 2.29% | −0.18 pp |
| Q1 2019 | 2019-03-29 | 1.12% | −1.00 pp |
| Q4 2018 | 2018-12-31 | 2.67% | −0.64 pp |
| Q3 2018 | 2018-09-28 | 2.42% | +0.13 pp |
| Q2 2018 | 2018-06-29 | 2.48% | +0.17 pp |
| Q1 2018 | 2018-03-30 | 2.12% | −0.05 pp |
| Q4 2017 | 2017-12-31 | 3.31% | +0.08 pp |
| Q3 2017 | 2017-09-29 | 2.29% | +0.67 pp |
| Q2 2017 | 2017-06-30 | 2.30% | −0.35 pp |
| Q1 2017 | 2017-03-31 | 2.16% | −0.98 pp |
| Q4 2016 | 2016-12-31 | 3.23% | +0.29 pp |
| Q3 2016 | 2016-09-30 | 1.62% | −4.32 pp |
| Q2 2016 | 2016-07-01 | 2.65% | −0.28 pp |
| Q1 2016 | 2016-04-01 | 3.15% | +0.71 pp |
| Q4 2015 | 2015-12-31 | 2.94% | +0.13 pp |
| Q3 2015 | 2015-10-02 | 5.94% | +3.08 pp |
| Q2 2015 | 2015-07-03 | 2.93% | +0.04 pp |
| Q1 2015 | 2015-04-03 | 2.44% | −0.12 pp |
| Q4 2014 | 2014-12-31 | 2.81% | −0.80 pp |
| Q3 2014 | 2014-09-26 | 2.87% | −0.00 pp |
| Q2 2014 | 2014-06-27 | 2.90% | −0.19 pp |
| Q1 2014 | 2014-03-28 | 2.56% | −1.02 pp |
| Q4 2013 | 2013-12-31 | 3.61% | +0.29 pp |
| Q3 2013 | 2013-09-27 | 2.87% | −0.08 pp |
| Q2 2013 | 2013-06-28 | 3.09% | −0.24 pp |
| Q1 2013 | 2013-03-29 | 3.58% | +0.05 pp |
| Q4 2012 | 2012-12-31 | 3.33% | −0.09 pp |
| Q3 2012 | 2012-09-28 | 2.95% | −0.22 pp |
| Q2 2012 | 2012-06-29 | 3.32% | −0.84 pp |
| Q1 2012 | 2012-03-30 | 3.53% | +0.50 pp |
| Q4 2011 | 2011-12-31 | 3.42% | −0.11 pp |
| Q3 2011 | 2011-09-30 | 3.17% | −1.95 pp |
| Q2 2011 | 2011-07-01 | 4.17% | +1.05 pp |
| Q1 2011 | 2011-04-01 | 3.03% | +0.47 pp |
| Q4 2010 | 2010-12-31 | 3.53% | — |
| Q3 2010 | 2010-10-01 | 5.12% | +1.90 pp |
| Q2 2010 | 2010-07-02 | 3.12% | +0.22 pp |
| Q1 2010 | 2010-04-02 | 2.56% | — |
| Q3 2009 · Oct 2 | 2009-10-02 | 3.22% | — |
| Q2 2009 · Jul 3 | 2009-07-03 | 2.90% | — |
Danaher return on equity trends
Over the last five fiscal years, Danaher's return on equity decreased from 10.41% to 7.08%, a change of −3.33 percentage points. The latest reported quarter, Q2 2026, shows 1.65%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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