Stock Analysis on Net

Danaher Corp. (NYSE:DHR)

Analysis of Geographic Areas

Microsoft Excel

Area Asset Turnover

Danaher Corp., asset turnover by geographic area

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
United States 3.84 4.16 6.66 6.27 6.54
All other 5.80 6.36 9.29 9.13 7.03

Based on: 10-K (reporting date: 2024-12-31), 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).

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024.
All other All other area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Area Asset Turnover: United States

Danaher Corp.; United States; area asset turnover calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Sales 9,927 9,579 13,365 11,283 8,616
Property, plant and equipment, net 2,585 2,304 2,007 1,799 1,317
Area Activity Ratio
Area asset turnover1 3.84 4.16 6.66 6.27 6.54

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Area asset turnover = Sales ÷ Property, plant and equipment, net
= 9,927 ÷ 2,585 = 3.84

Area activity ratio Geographic area The company
Area asset turnover United States United States area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Area Asset Turnover: All other

Danaher Corp.; All other; area asset turnover calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Sales 13,948 14,311 18,106 18,170 13,668
Property, plant and equipment, net 2,405 2,249 1,949 1,991 1,945
Area Activity Ratio
Area asset turnover1 5.80 6.36 9.29 9.13 7.03

Based on: 10-K (reporting date: 2024-12-31), 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).

1 2024 Calculation
Area asset turnover = Sales ÷ Property, plant and equipment, net
= 13,948 ÷ 2,405 = 5.80

Area activity ratio Geographic area The company
Area asset turnover All other All other area asset turnover ratio deteriorated from 2022 to 2023 and from 2023 to 2024.

Sales

Danaher Corp., sales by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
United States 9,927 9,579 13,365 11,283 8,616
All other 13,948 14,311 18,106 18,170 13,668
Total 23,875 23,890 31,471 29,453 22,284

Based on: 10-K (reporting date: 2024-12-31), 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).


Property, plant and equipment, net

Danaher Corp., property, plant and equipment, net by geographic area

US$ in millions

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
United States 2,585 2,304 2,007 1,799 1,317
All other 2,405 2,249 1,949 1,991 1,945
Total 4,990 4,553 3,956 3,790 3,262

Based on: 10-K (reporting date: 2024-12-31), 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).