Price to Operating Profit (P/OP)
since 2005
Calculation
Danaher Corp., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating profit1 (in millions) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | 35.64 | = | 250.65 | ÷ | 7.03 | 7.03 | = | 5,202 | ÷ | 739,701,725 | |
| Feb 22, 2023 | 20.97 | = | 250.11 | ÷ | 11.92 | 11.92 | = | 8,688 | ÷ | 728,576,886 | |
| Feb 23, 2022 | 25.14 | = | 262.39 | ÷ | 10.44 | 10.44 | = | 7,465 | ÷ | 715,352,586 | |
| Feb 25, 2021 | 36.91 | = | 219.26 | ÷ | 5.94 | 5.94 | = | 4,231 | ÷ | 712,204,198 | |
| Feb 21, 2020 | 34.47 | = | 161.88 | ÷ | 4.70 | 4.70 | = | 3,269 | ÷ | 696,237,113 | |
| Feb 21, 2019 | 23.18 | = | 112.43 | ÷ | 4.85 | 4.85 | = | 3,404 | ÷ | 701,875,340 | |
| Feb 21, 2018 | 22.48 | = | 97.35 | ÷ | 4.33 | 4.33 | = | 3,021 | ÷ | 697,569,470 | |
| Feb 22, 2017 | 21.37 | = | 84.80 | ÷ | 3.97 | 3.97 | = | 2,751 | ÷ | 693,280,277 | |
| Feb 24, 2016 | 17.27 | = | 87.20 | ÷ | 5.05 | 5.05 | = | 3,469 | ÷ | 687,154,521 | |
| Feb 25, 2015 | 17.94 | = | 87.22 | ÷ | 4.86 | 4.86 | = | 3,431 | ÷ | 705,777,722 | |
| Feb 21, 2014 | 16.24 | = | 76.15 | ÷ | 4.69 | 4.69 | = | 3,275 | ÷ | 698,482,191 | |
| Feb 22, 2013 | 13.40 | = | 61.46 | ÷ | 4.59 | 4.59 | = | 3,165 | ÷ | 690,246,149 | |
| Feb 24, 2012 | 14.04 | = | 53.32 | ÷ | 3.80 | 3.80 | = | 2,617 | ÷ | 689,294,694 | |
| Feb 24, 2011 | 15.14 | = | 49.76 | ÷ | 3.29 | 3.29 | = | 2,166 | ÷ | 659,181,326 | |
| Feb 24, 2010 | 15.63 | = | 37.26 | ÷ | 2.38 | 2.38 | = | 1,542 | ÷ | 646,964,568 | |
| Feb 25, 2009 | 8.85 | = | 25.97 | ÷ | 2.93 | 2.93 | = | 1,869 | ÷ | 637,402,212 | |
| Feb 21, 2008 | 13.65 | = | 37.33 | ÷ | 2.73 | 2.73 | = | 1,741 | ÷ | 636,600,000 | |
| Mar 1, 2007 | 14.52 | = | 35.66 | ÷ | 2.46 | 2.46 | = | 1,518 | ÷ | 618,200,000 | |
| Mar 15, 2006 | 15.18 | = | 31.40 | ÷ | 2.07 | 2.07 | = | 1,265 | ÷ | 611,200,000 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Danaher Corp. Annual Report.
Comparison to Competitors
Danaher Corp., P/OP, long-term trends, comparison to competitors
| Danaher Corp. | AbbVie Inc. | Amgen Inc. | Gilead Sciences Inc. | Moderna Inc. | Regeneron Pharmaceuticals Inc. | Thermo Fisher Scientific Inc. | |
|---|---|---|---|---|---|---|---|
| Feb 21, 2024 | 35.64 | 24.34 | 19.69 | 12.05 | — | 25.39 | 31.16 |
| Feb 22, 2023 | 20.97 | 14.78 | 13.40 | 14.21 | 5.71 | 18.01 | 25.30 |
| Feb 23, 2022 | 25.14 | 14.21 | 16.24 | 7.76 | 4.59 | 7.55 | 21.07 |
| Feb 25, 2021 | 36.91 | 16.32 | 14.96 | 19.38 | — | 14.82 | 22.81 |
| Feb 21, 2020 | 34.47 | 10.82 | 13.84 | 20.66 | — | 19.01 | 26.84 |
| Feb 21, 2019 | 23.18 | 18.35 | 11.46 | 10.15 | — | 17.53 | 27.33 |
| Feb 21, 2018 | 22.48 | 19.63 | 12.71 | 7.45 | — | 16.71 | 28.24 |
| Feb 22, 2017 | 21.37 | 10.49 | 12.64 | 5.23 | — | 28.70 | 25.13 |
| Feb 24, 2016 | 17.27 | 11.61 | 13.07 | 5.50 | — | 30.74 | 22.15 |
| Feb 25, 2015 | 17.94 | 28.64 | 19.13 | 10.19 | — | 49.17 | 20.63 |
| Feb 21, 2014 | 16.24 | 14.31 | 16.19 | 28.54 | — | 42.99 | 30.40 |
| Feb 22, 2013 | 13.40 | 10.44 | 12.22 | 16.28 | — | 35.11 | 17.92 |
| Feb 24, 2012 | 14.04 | — | 12.48 | 9.02 | — | — | 16.64 |
| Feb 24, 2011 | 15.14 | — | 8.79 | 7.82 | — | — | 17.09 |
| Feb 24, 2010 | 15.63 | — | 10.12 | 12.16 | — | — | 19.04 |
| Feb 25, 2009 | 8.85 | — | 9.70 | 15.24 | — | — | 12.33 |
| Feb 21, 2008 | 13.65 | — | 12.44 | 18.80 | — | — | 24.03 |
| Mar 1, 2007 | 14.52 | — | 19.54 | — | — | — | 79.09 |
| Mar 15, 2006 | 15.18 | — | 17.96 | 25.01 | — | — | 21.48 |
Based on: 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).