Stock Analysis on Net
Stock Analysis on Net

Danaher Corp. (NYSE:DHR)

Common-Size Income Statement
Quarterly Data

Danaher Corp., common-size consolidated income statement (quarterly data)

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3 months ended: Dec 31, 2024 Sep 27, 2024 Jun 28, 2024 Mar 29, 2024 Dec 31, 2023 Sep 29, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jul 1, 2022 Apr 1, 2022 Dec 31, 2021 Oct 1, 2021 Jul 2, 2021 Apr 2, 2021 Dec 31, 2020 Oct 2, 2020 Jul 3, 2020 Apr 3, 2020
Sales 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00 100.00
Cost of sales -40.50 -41.34 -40.31 -39.84 -41.00 -41.77 -43.88 -38.44 -40.98 -40.18 -39.09 -38.80 -39.33 -39.70 -39.08 -37.98 -41.51 -45.17 -46.15 -43.75
Gross profit 59.50% 58.66% 59.69% 60.16% 59.00% 58.23% 56.12% 61.56% 59.02% 59.82% 60.91% 61.20% 60.67% 60.30% 60.92% 62.02% 58.49% 54.83% 53.85% 56.25%
Selling, general and administrative expenses -30.94 -35.53 -32.54 -31.18 -31.77 -30.73 -30.35 -29.79 -26.17 -28.04 -26.90 -27.21 -28.15 -28.52 -27.24 -27.35 -28.95 -30.52 -31.82 -33.58
Research and development expenses -6.76 -6.61 -6.81 -6.35 -6.35 -6.44 -6.11 -6.27 -5.41 -5.48 -5.56 -5.74 -6.08 -6.10 -5.90 -5.54 -5.85 -5.82 -6.09 -6.61
Other operating expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -7.57 0.00 0.00 0.00 0.00 0.00 0.00
Operating costs -37.70% -42.14% -39.35% -37.53% -38.13% -37.16% -36.45% -36.06% -31.58% -33.52% -32.46% -32.95% -34.23% -42.19% -33.14% -32.90% -34.80% -36.34% -37.91% -40.19%
Operating profit 21.80% 16.52% 20.34% 22.64% 20.87% 21.07% 19.67% 25.50% 27.43% 26.30% 28.45% 28.25% 26.44% 18.11% 27.78% 29.12% 23.69% 18.49% 15.94% 16.06%
Other income (expense), net -0.96 1.76 -1.03 -0.62 -2.14 -0.84 -0.25 0.40 -0.81 -0.67 -1.12 -0.26 1.01 1.90 1.34 2.04 0.52 0.11 8.57 -0.03
Loss on early extinguishment of borrowings 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -1.18 0.00 0.00 0.00 -0.38 0.00 0.00 0.00
Interest expense -0.93 -1.50 -1.13 -1.12 -1.33 -1.24 -1.10 -1.11 -0.76 -0.55 -0.66 -0.70 -0.69 -0.86 -0.86 -0.85 -1.07 -1.30 -1.48 -1.09
Interest income 0.21 0.07 0.68 1.04 1.83 1.40 1.00 0.81 0.35 0.12 0.03 0.01 0.01 0.04 0.04 0.06 0.05 0.07 0.02 1.44
Nonoperating income (expense) -1.68% 0.33% -1.48% -0.71% -1.64% -0.68% -0.36% 0.10% -1.23% -1.10% -1.75% -0.95% -0.85% 1.08% 0.53% 1.25% -0.88% -1.12% 7.10% 0.31%
Earnings before income taxes 20.11% 16.85% 18.86% 21.93% 19.23% 20.39% 19.32% 25.60% 26.20% 25.20% 26.69% 27.30% 25.59% 19.19% 28.30% 30.37% 22.80% 17.36% 23.05% 16.37%
Income taxes -3.50 -2.74 -3.06 -3.16 -1.73 -3.68 -3.76 -4.76 0.47 -4.68 -5.02 -4.86 -3.65 -3.17 -4.77 -5.56 -4.46 -2.35 -5.54 -2.67
Net earnings from continuing operations 16.61% 14.11% 15.79% 18.77% 17.50% 16.71% 15.56% 20.84% 26.67% 20.51% 21.67% 22.44% 21.94% 16.02% 23.54% 24.82% 18.34% 15.02% 17.50% 13.70%
Earnings from discontinued operations, net of income taxes 0.00 0.00 0.00 0.00 -0.66 3.36 3.15 3.53 0.00 0.00 0.00 0.00 0.00 0.00 1.19 0.00 0.00 0.00 0.00 0.00
Net earnings 16.61% 14.11% 15.79% 18.77% 16.85% 20.07% 18.71% 24.37% 26.67% 20.51% 21.67% 22.44% 21.94% 16.02% 24.73% 24.82% 18.34% 15.02% 17.50% 13.70%
Mandatory convertible preferred stock dividends 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -0.35 -0.26 -0.27 -0.28 -0.53 -0.50 -0.57 -0.57 -0.60 -0.60 -0.70 -0.65 -0.45
Net earnings attributable to common stockholders 16.61% 14.11% 15.79% 18.77% 16.85% 20.07% 18.71% 24.02% 26.41% 20.24% 21.39% 21.90% 21.44% 15.45% 24.16% 24.22% 17.74% 14.32% 16.85% 13.25%

Based on: 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-27), 10-Q (reporting date: 2024-06-28), 10-Q (reporting date: 2024-03-29), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-29), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-07-01), 10-Q (reporting date: 2022-04-01), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-10-01), 10-Q (reporting date: 2021-07-02), 10-Q (reporting date: 2021-04-02), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-10-02), 10-Q (reporting date: 2020-07-03), 10-Q (reporting date: 2020-04-03).

Income statement item Description The company
Operating profit The net result for the period of deducting operating expenses from operating revenues. Danaher Corp. operating profit as a percentage of sales decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
Earnings before income taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. Danaher Corp. earnings before income taxes as a percentage of sales decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Danaher Corp. net earnings as a percentage of sales decreased from Q2 2024 to Q3 2024 but then increased from Q3 2024 to Q4 2024 exceeding Q2 2024 level.