Companies: 10,795·Total market cap: $144.5T
Danaher Corporation

Danaher Corporation

DHRNYSEHealthcare● Active
$184.30
$-2.34(-1.25%)
Market Cap$130.4B
P/E Ratio
52W High$242.8
52W Low$160.93

Danaher Corporation (DHR) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

dhr · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Danaher Corporation (DHR) measures how much investors pay for each dollar of the company's trailing earnings. DHR's current PE ratio of 35.37x is calculated by dividing its stock price of $184.30 by its TTM earnings per share of $5.21. −1.6% discount vs 5Y avg 35.9x

35.37x
P/E Ratio (TTM)1.6%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
20.25x
FY2027 est. EPS $9.10
Based on 14 analysts
EPS (TTM)
$5.21
TTM · diluted EPS
PEG Ratio
1592752761931499.75
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Danaher Corporation SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2006 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 35.9x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 20 fiscal years · Front-end computed
Average
22.6x
20-yr mean
Median
17.7x
20-yr midpoint
Minimum
9.2x
Lowest year
Maximum
44.8x
Highest year
35.4x ← Now
9.2x
Min
Q1 · 25%17.7x
Median
Q3 · 75%44.8x
Max
Historically Elevated

At 35.37x, DHR's current P/E is higher than in 75% of its annual fiscal year readings over the past 20 years — historically elevated.

75th percentileHigher than 15 of 20 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Medical - Diagnostics & Research · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Danaher Corporation
Danaher CorporationYou
DHR
$130.4B35.37x+3.4%$5.21
Amgen Inc.
Amgen Inc.
AMGN
$188.7B22.84x-33.2%$14.33
Boston Scientific Corporation
Boston Scientific Corporation
BSX
$72.2B48.91x+43.0%$1.95
Gilead Sciences, Inc.
Gilead Sciences, Inc.
GILD
$160.4B17.94x-47.5%$6.84
Intuitive Surgical, Inc.
Intuitive Surgical, Inc.
ISRG
$149.5B70.78x+107.0%$8.00
McKesson Corporation
McKesson Corporation
MCK
$93.2B22.46x-34.3%$38.53
Medtronic plc
Medtronic plc
MDT
$104.9B22.25x-34.9%$3.74
Industry Average
6 peers with valid PE
34.20xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 20 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
44.80x$5.11+4.1%
2024-12-31
FY2024
43.04x$5.33+20.3%
2023-12-31
FY2023
35.76x$6.47+51.1%
2022-12-31
FY2022
23.66x$9.94-27.0%
2021-12-31
FY2021
32.40x$9.00-15.1%
2020-12-31
FY2020
38.14x$5.16+0.3%
2019-12-31
FY2019
38.04x$3.58+57.4%
2018-12-31
FY2018
24.16x$3.78+5.2%
2017-12-31
FY2017
22.97x$3.58+23.0%
2016-12-31
FY2016
18.68x$3.69+11.3%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Danaher Corporation (DHR) measures how much investors pay for each dollar of the company's trailing earnings. DHR's current PE ratio of 35.37x is calculated by dividing its stock price of $184.30 by its TTM earnings per share of $5.21.

PE Ratio = Stock Price ÷ EPS (TTM)
= $184.30 ÷ $5.21 = 35.37x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

DHR pe ratio · 6 questions

DHR's current PE ratio is 35.37x as of 2026-06-08, based on a stock price of $184.30 and TTM EPS of $5.21. Data sourced from Financial Modeling Prep via DHR's SEC 10-K and 10-Q filings.

DHR PE ratioWhat is DHR PE ratioCurrent PE ratio of DHRDHR PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Danaher Corporation SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08