Company Valuation: Danaher Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 235,103 193,216 170,943 165,798 161,698 145,469 - -
Change - -17.82% -11.53% -3.01% -2.47% -10.04% - -
Enterprise Value (EV) 1 254,693 206,898 183,481 179,725 175,501 165,819 161,208 157,108
Change - -18.77% -11.32% -2.05% -2.35% -5.52% -2.78% -2.54%
P/E 38.2x 27.5x 36.3x 43.4x 45.3x 34.9x 28.6x 25.9x
PBR 5.21x 3.86x 3.2x 3.33x 3.08x 2.75x 2.54x 2.35x
PEG - 2.3x -1.1x -2.5x -9.98x 2x 1.3x 2.5x
Capitalization / Revenue 7.98x 6.14x 7.16x 6.94x 6.58x 5.52x 5.11x 4.78x
EV / Revenue 8.65x 6.57x 7.68x 7.53x 7.14x 6.29x 5.66x 5.16x
EV / EBITDA 26.4x 19x 24.4x 24.9x 22.8x 20x 17.6x 15.8x
EV / EBIT 34.1x 23.8x 26.8x 26.1x 25.3x 22x 19.4x 17.4x
EV / FCF 36.1x 28.1x 31.7x 33.9x 33.2x 30.1x 25.2x 22.1x
FCF Yield 2.77% 3.57% 3.15% 2.95% 3.02% 3.33% 3.97% 4.52%
Dividend per Share 2 0.84 1 1.05 1.08 1.28 1.423 1.58 1.697
Rate of return 0.26% 0.38% 0.45% 0.47% 0.56% 0.69% 0.76% 0.82%
EPS 2 8.61 9.66 6.38 5.29 5.05 5.928 7.238 7.99
Distribution rate 9.76% 10.4% 16.5% 20.4% 25.3% 24% 21.8% 21.2%
Net sales 1 29,453 31,471 23,890 23,875 24,568 26,345 28,464 30,425
EBITDA 1 9,633 10,910 7,530 7,215 7,689 8,307 9,142 9,966
EBIT 1 7,465 8,688 6,855 6,897 6,939 7,545 8,312 9,026
Net income 1 6,269 7,103 4,743 3,899 3,614 4,204 5,146 5,460
Net Debt 1 19,590 13,682 12,538 13,927 13,803 20,350 15,739 11,640
Reference price 2 329.01 265.42 231.34 229.55 228.92 206.93 206.93 206.93
Nbr of stocks (in thousands) 714,577 727,963 738,927 722,275 706,350 702,986 - -
Announcement Date 1/27/22 1/24/23 1/30/24 1/29/25 1/28/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.9x6.29x19.96x0.69% 145B
29.91x5.32x20.4x0.31% 222B
40.5x10.52x23.26x-.--% 130B
17.95x3.67x11.91x-.--% 69.68B
35.86x7.2x22.78x-.--% 52.3B
19.47x2.34x11.7x2.62% 50.71B
29.2x5.76x19.58x0.69% 42.28B
71.05x6.79x20.67x-.--% 39.87B
20.08x5.57x14.39x1.15% 33.37B
41.85x6.82x24.05x-.--% 31.28B
Average 34.08x 6.03x 18.87x 0.55% 81.74B
Weighted average by Cap. 33.23x 6.28x 19.53x 0.45%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. DHR Stock
  4. Valuation Danaher Corporation