231.400
USD
-0.75
(-0.32%)
Market Open
Last updated: · Delayed 15 min
Fair value230.43Plus+0%173Price 231.40288
Q4 FY2026 · Earnings report
EPS estimate 2.49Revenue estimate 7.49B
Q4 FY2026 · Earnings report
EPS estimate 2.49Revenue estimate 7.49B
Danaher debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Danaher's debt to equity ratio is 0.49: total debt of 26.48B USD against shareholders' equity of 53.62B USD.
- Today
- 0.49
- Average, 5 years
- 0.40
- Low, 5 years
- 0.33
- High, 5 years
- 0.52
Debt to equity = total debt ÷ shareholders' equity = 26.48B ÷ 53.62B = 0.49
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.49 | 26.48B | 53.62B | |
| FY2025 | 31 Dec 2025 | 0.35 | 18.42B | 52.53B |
| FY2024 | 31 Dec 2024 | 0.35 | 17.15B | 49.54B |
| FY2023 | 31 Dec 2023 | 0.37 | 19.54B | 53.49B |
| FY2022 | 31 Dec 2022 | 0.41 | 20.62B | 50.08B |
| FY2021 | 31 Dec 2021 | 0.52 | 23.27B | 45.17B |
| FY2020 | 31 Dec 2020 | 0.56 | 22.18B | 39.77B |
| FY2019 | 31 Dec 2019 | 0.74 | 22.53B | 30.27B |
| FY2018 | 31 Dec 2018 | 0.35 | 9.74B | 28.21B |
| FY2017 | 31 Dec 2017 | 0.40 | 10.52B | 26.36B |
| FY2016 | 31 Dec 2016 | 0.53 | 12.27B | 23.00B |
| FY2015 | 31 Dec 2015 | 0.54 | 12.87B | 23.69B |
| FY2014 | 31 Dec 2014 | 0.15 | 3.47B | 23.38B |
| FY2013 | 31 Dec 2013 | 0.16 | 3.50B | 22.39B |
| FY2012 | 31 Dec 2012 | 0.28 | 5.34B | 19.02B |
| FY2011 | 31 Dec 2011 | 0.31 | 5.31B | 16.90B |
| FY2010 | 31 Dec 2010 | 0.21 | 2.82B | 13.71B |
| FY2009 | 31 Dec 2009 | 0.25 | 2.93B | 11.63B |
| FY2008 | 31 Dec 2008 | 0.27 | 2.62B | 9.81B |
| FY2007 | 31 Dec 2007 | 0.41 | 3.73B | 9.09B |
| FY2006 | 31 Dec 2006 | 0.37 | 2.43B | 6.64B |
| FY2005 | 31 Dec 2005 | 0.21 | 1.04B | 5.08B |
| FY2004 | 31 Dec 2004 | 0.29 | 1.35B | 4.62B |
| FY2003 | 31 Dec 2003 | 0.36 | 1.30B | 3.65B |
| FY2002 | 31 Dec 2002 | 0.44 | 1.31B | 3.01B |
| FY2001 | 31 Dec 2001 | 0.53 | 1.19B | 2.23B |
| FY2000 | 31 Dec 2000 | 0.41 | 795.19M | 1.94B |
| FY1999 | 31 Dec 1999 | 0.22 | 374.60M | 1.71B |
| FY1998 | 31 Dec 1998 | 0.35 | 472.50M | 1.35B |
| FY1997 | 31 Dec 1997 | 0.22 | 198.20M | 916.90M |
| FY1996 | 31 Dec 1996 | 0.30 | 236.40M | 800.30M |
| FY1995 | 31 Dec 1995 | 0.48 | 283.60M | 586.30M |
| FY1994 | 31 Dec 1994 | 0.39 | 185.30M | 476.10M |
| FY1993 | 31 Dec 1993 | 0.37 | 133.60M | 363.70M |
| FY1992 | 31 Dec 1992 | 0.48 | 168.80M | 348.40M |
| FY1991 | 31 Dec 1991 | 0.58 | 184.50M | 319.30M |
| FY1990 | 31 Dec 1990 | 0.61 | 187.00M | 305.00M |
| FY1989 | 31 Dec 1989 | 0.75 | 143.70M | 191.70M |
| FY1988 | 31 Dec 1988 | 1.60 | 248.40M | 155.70M |
| FY1987 | 31 Dec 1987 | 3.82 | 394.60M | 103.30M |
| FY1986 | 31 Dec 1986 | 7.50 | 489.00M | 65.20M |
| FY1985 | 31 Dec 1985 | 3.39 | 169.30M | 49.90M |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 25 Sept 2026 | 0.49 | 26.48B | 53.62B |
| Q2 FY2026 | 26 Jun 2026 | 0.51 | 26.56B | 52.58B |
| Q1 FY2026 | 27 Mar 2026 | 0.35 | 18.48B | 52.95B |
| Q4 FY2025 | 31 Dec 2025 | 0.35 | 18.42B | 52.53B |
| Q3 FY2025 | 26 Sept 2025 | 0.33 | 16.86B | 51.07B |
| Q2 FY2025 | 27 Jun 2025 | 0.35 | 18.56B | 52.33B |
| Q1 FY2025 | 28 Mar 2025 | 0.35 | 17.58B | 50.85B |
| Q4 FY2024 | 31 Dec 2024 | 0.35 | 17.15B | 49.54B |
| Q3 FY2024 | 27 Sept 2024 | 0.37 | 18.82B | 51.30B |
| Q2 FY2024 | 28 Jun 2024 | 0.36 | 18.21B | 49.90B |
| Q1 FY2024 | 29 Mar 2024 | 0.36 | 19.26B | 53.44B |
| Q4 FY2023 | 31 Dec 2023 | 0.37 | 19.54B | 53.49B |
| Q3 FY2023 | 29 Sept 2023 | 0.44 | 23.16B | 52.41B |
| Q2 FY2023 | 30 Jun 2023 | 0.41 | 20.98B | 51.72B |
| Q1 FY2023 | 31 Mar 2023 | 0.41 | 20.93B | 51.48B |
| Q4 FY2022 | 31 Dec 2022 | 0.41 | 20.62B | 50.08B |
| Q3 FY2022 | 30 Sept 2022 | 0.41 | 19.25B | 46.99B |
| Q2 FY2022 | 1 Jul 2022 | 0.43 | 20.06B | 46.59B |
| Q1 FY2022 | 1 Apr 2022 | 0.47 | 21.78B | 46.36B |
| Q4 FY2021 | 31 Dec 2021 | 0.52 | 23.27B | 45.17B |
| Q3 FY2021 | 1 Oct 2021 | 0.54 | 23.60B | 43.45B |
| Q2 FY2021 | 2 Jul 2021 | 0.48 | 20.42B | 42.76B |
| Q1 FY2021 | 2 Apr 2021 | 0.50 | 20.28B | 40.42B |
| Q4 FY2020 | 31 Dec 2020 | 0.56 | 22.18B | 39.77B |
| Q3 FY2020 | 2 Oct 2020 | 0.57 | 21.83B | 37.96B |
| Q2 FY2020 | 3 Jul 2020 | 0.62 | 22.39B | 36.26B |
| Q1 FY2020 | 3 Apr 2020 | 0.84 | 25.97B | 31.06B |
| Q4 FY2019 | 31 Dec 2019 | 0.74 | 22.53B | 30.27B |
| Q3 FY2019 | 27 Sept 2019 | 0.57 | 18.60B | 32.50B |
| Q2 FY2019 | 28 Jun 2019 | 0.35 | 11.26B | 32.20B |
| Q1 FY2019 | 29 Mar 2019 | 0.33 | 10.48B | 31.56B |
| Q4 FY2018 | 31 Dec 2018 | 0.35 | 9.74B | 28.21B |
| Q3 FY2018 | 28 Sept 2018 | 0.38 | 10.62B | 27.67B |
| Q2 FY2018 | 29 Jun 2018 | 0.42 | 11.32B | 27.21B |
| Q1 FY2018 | 30 Mar 2018 | 0.39 | 10.51B | 27.19B |
| Q4 FY2017 | 31 Dec 2017 | 0.40 | 10.52B | 26.36B |
| Q3 FY2017 | 29 Sept 2017 | 0.43 | 10.91B | 25.38B |
| Q2 FY2017 | 30 Jun 2017 | 0.47 | 11.59B | 24.59B |
| Q1 FY2017 | 31 Mar 2017 | 0.50 | 11.95B | 23.79B |
| Q4 FY2016 | 31 Dec 2016 | 0.53 | 12.27B | 23.00B |
| Q3 FY2016 | 30 Sept 2016 | 0.36 | 8.31B | 23.19B |
| Q2 FY2016 | 1 Jul 2016 | 0.59 | 14.65B | 25.05B |
| Q1 FY2016 | 1 Apr 2016 | 0.51 | 12.39B | 24.50B |
| Q4 FY2015 | 31 Dec 2015 | 0.54 | 12.87B | 23.69B |
| Q3 FY2015 | 2 Oct 2015 | 0.65 | 15.01B | 23.11B |
| Q2 FY2015 | 3 Jul 2015 | 0.13 | 3.16B | 24.10B |
| Q1 FY2015 | 3 Apr 2015 | 0.14 | 3.18B | 23.32B |
| Q4 FY2014 | 31 Dec 2014 | 0.15 | 3.47B | 23.38B |
| Q3 FY2014 | 26 Sept 2014 | 0.13 | 3.04B | 23.74B |
| Q2 FY2014 | 27 Jun 2014 | 0.13 | 3.07B | 23.72B |
| Q1 FY2014 | 28 Mar 2014 | 0.15 | 3.49B | 22.96B |
| Q4 FY2013 | 31 Dec 2013 | 0.16 | 3.50B | 22.39B |
| Q3 FY2013 | 27 Sept 2013 | 0.16 | 3.50B | 21.30B |
| Q2 FY2013 | 28 Jun 2013 | 0.20 | 4.15B | 20.30B |
| Q1 FY2013 | 29 Mar 2013 | 0.23 | 4.47B | 19.68B |
| Q4 FY2012 | 31 Dec 2012 | 0.28 | 5.34B | 19.02B |
| Q3 FY2012 | 28 Sept 2012 | 0.25 | 4.71B | 18.89B |
| Q2 FY2012 | 29 Jun 2012 | 0.27 | 4.90B | 18.30B |
| Q1 FY2012 | 30 Mar 2012 | 0.28 | 4.93B | 17.82B |
| Q4 FY2011 | 31 Dec 2011 | 0.31 | 5.31B | 16.90B |
| Q3 FY2011 | 30 Sept 2011 | 0.36 | 5.90B | 16.50B |
| Q2 FY2011 | 1 Jul 2011 | 0.40 | 6.57B | 16.49B |
| Q1 FY2011 | 1 Apr 2011 | 0.19 | 2.73B | 14.66B |
| Q4 FY2010 | 31 Dec 2010 | 0.21 | 2.82B | 13.71B |
| Q3 FY2010 | 1 Oct 2010 | 0.22 | 2.86B | 13.17B |
| Q2 FY2010 | 2 Jul 2010 | 0.23 | 2.82B | 12.06B |
| Q1 FY2010 | 2 Apr 2010 | 0.24 | 2.89B | 11.85B |
| Q4 FY2009 | 31 Dec 2009 | 0.25 | 2.93B | 11.63B |
| Q3 FY2009 | 2 Oct 2009 | 0.26 | 2.95B | 11.21B |
| Q2 FY2009 | 3 Jul 2009 | 0.27 | 2.90B | 10.60B |
| Q1 FY2009 | 3 Apr 2009 | 0.29 | 2.92B | 10.00B |
| Q4 FY2008 | 31 Dec 2008 | 0.27 | 2.62B | 9.81B |
| Q3 FY2008 | 26 Sept 2008 | 0.27 | 2.71B | 10.17B |
| Q2 FY2008 | 27 Jun 2008 | 0.30 | 3.05B | 10.07B |
| Q1 FY2008 | 28 Mar 2008 | 0.37 | 3.51B | 9.57B |
| Q4 FY2007 | 31 Dec 2007 | 0.41 | 3.73B | 9.09B |
| Q3 FY2007 | 28 Sept 2007 | 0.24 | 1.95B | 8.05B |
| Q2 FY2007 | 29 Jun 2007 | 0.29 | 2.16B | 7.33B |
| Q1 FY2007 | 30 Mar 2007 | 0.33 | 2.33B | 7.05B |
| Q4 FY2006 | 31 Dec 2006 | 0.37 | 2.43B | 6.64B |
| Q3 FY2006 | 29 Sept 2006 | 0.37 | 2.28B | 6.15B |
| Q2 FY2006 | 30 Jun 2006 | 0.45 | 2.66B | 5.86B |
| Q1 FY2006 | 31 Mar 2006 | 0.16 | 870.54M | 5.37B |
| Q4 FY2005 | 31 Dec 2005 | 0.21 | 1.04B | 5.08B |
| Q3 FY2005 | 30 Sept 2005 | 0.21 | 1.05B | 4.99B |
| Q2 FY2005 | 1 Jul 2005 | 0.27 | 1.30B | 4.80B |
| Q1 FY2005 | 1 Apr 2005 | 0.28 | 1.32B | 4.74B |
| Q4 FY2004 | 31 Dec 2004 | 0.29 | 1.35B | 4.62B |
| Q3 FY2004 | 1 Oct 2004 | 0.31 | 1.31B | 4.18B |
| Q2 FY2004 | 2 Jul 2004 | 0.33 | 1.30B | 3.98B |
| Q1 FY2004 | 2 Apr 2004 | 0.35 | 1.34B | 3.78B |
| Q4 FY2003 | 31 Dec 2003 | 0.36 | 1.30B | 3.65B |
| Q3 FY2003 | 26 Sept 2003 | 0.36 | 1.26B | 3.46B |
| Q2 FY2003 | 27 Jun 2003 | 0.40 | 1.33B | 3.27B |
| Q1 FY2003 | 28 Mar 2003 | 0.44 | 1.37B | 3.12B |
| Q4 FY2002 | 31 Dec 2002 | 0.44 | 1.31B | 3.01B |
| Q3 FY2002 | 27 Sept 2002 | 0.43 | 1.25B | 2.88B |
| Q2 FY2002 | 28 Jun 2002 | 0.45 | 1.22B | 2.74B |
| Q1 FY2002 | 29 Mar 2002 | 0.45 | 1.19B | 2.62B |
| Q4 FY2001 | 31 Dec 2001 | 0.53 | 1.19B | 2.23B |
| Q3 FY2001 | 28 Sept 2001 | 0.54 | 1.20B | 2.20B |
| Q2 FY2001 | 29 Jun 2001 | 0.55 | 1.17B | 2.12B |
| Q1 FY2001 | 30 Mar 2001 | 0.58 | 1.18B | 2.04B |
| Q4 FY2000 | 31 Dec 2000 | 0.41 | 795.19M | 1.94B |
| Q3 FY2000 | 29 Sept 2000 | 0.43 | 805.09M | 1.85B |
| Q2 FY2000 | 30 Jun 2000 | 0.41 | 728.17M | 1.77B |
| Q1 FY2000 | 31 Mar 2000 | 0.26 | 446.26M | 1.70B |
| Q4 FY1999 | 31 Dec 1999 | 0.22 | 374.60M | 1.71B |
| Q3 FY1999 | 1 Oct 1999 | 0.25 | 416.30M | 1.65B |
| Q2 FY1999 | 2 Jul 1999 | 0.28 | 399.80M | 1.45B |
| Q1 FY1999 | 2 Apr 1999 | 0.29 | 401.40M | 1.39B |
| Q4 FY1998 | 31 Dec 1998 | 0.35 | 472.50M | 1.35B |
| Q3 FY1998 | 25 Sept 1998 | 0.42 | 546.10M | 1.29B |
| Q2 FY1998 | 26 Jun 1998 | 0.49 | 485.70M | 1.00B |
| Q1 FY1998 | 27 Mar 1998 | 0.55 | 527.60M | 958.00M |
| Q4 FY1997 | 31 Dec 1997 | 0.22 | 198.20M | 916.90M |
| Q3 FY1997 | 26 Sept 1997 | 0.25 | 219.50M | 870.40M |
| Q2 FY1997 | 27 Jun 1997 | 0.26 | 215.70M | 835.30M |
| Q1 FY1997 | 28 Mar 1997 | 0.26 | 209.40M | 817.50M |
| Q4 FY1996 | 31 Dec 1996 | 0.30 | 236.40M | 800.30M |
| Q3 FY1996 | 27 Sept 1996 | 0.38 | 285.30M | 750.70M |
| Q2 FY1996 | 28 Jun 1996 | 0.20 | 140.20M | 718.80M |
| Q1 FY1996 | 29 Mar 1996 | 0.22 | 151.80M | 679.80M |
| Q4 FY1995 | 31 Dec 1995 | 0.48 | 283.60M | 586.30M |
| Q3 FY1995 | 29 Sept 1995 | 0.57 | 317.20M | 554.30M |
| Q2 FY1995 | 30 Jun 1995 | 0.39 | 204.40M | 528.70M |
| Q1 FY1995 | 31 Mar 1995 | 0.36 | 181.80M | 503.10M |
| Q4 FY1994 | 31 Dec 1994 | 0.39 | 185.30M | 476.10M |
| Q3 FY1994 | 30 Sept 1994 | 0.31 | 131.50M | 424.90M |
| Q2 FY1994 | 1 Jul 1994 | 0.33 | 131.70M | 401.70M |
| Q1 FY1994 | 1 Apr 1994 | 0.38 | 143.30M | 381.90M |
| Q4 FY1993 | 31 Dec 1993 | 0.37 | 133.60M | 363.70M |
| Q3 FY1993 | 30 Sept 1993 | 0.49 | 170.00M | 349.00M |
| Q2 FY1993 | 30 Jun 1993 | 0.59 | 196.80M | 334.80M |
| Q1 FY1993 | 31 Mar 1993 | 0.53 | 169.90M | 322.50M |
| Q4 FY1992 | 31 Dec 1992 | 0.48 | 168.80M | 348.40M |
| Q3 FY1992 | 30 Sept 1992 | 0.58 | 198.80M | 345.10M |
| Q2 FY1992 | 30 Jun 1992 | 0.66 | 219.00M | 333.40M |
| Q1 FY1992 | 31 Mar 1992 | 0.69 | 223.60M | 323.30M |
| Q4 FY1991 | 31 Dec 1991 | 0.58 | 184.50M | 319.30M |
| Q3 FY1991 | 30 Sept 1991 | 0.67 | 213.40M | 316.20M |
| Q2 FY1991 | 30 Jun 1991 | 0.71 | 220.00M | 310.90M |
| Q1 FY1991 | 31 Mar 1991 | 0.72 | 221.30M | 308.40M |
| Q4 FY1990 | 31 Dec 1990 | 0.61 | 187.00M | 305.00M |
| Q3 FY1990 | 30 Sept 1990 | 0.70 | 220.40M | 315.40M |
| Q2 FY1990 | 30 Jun 1990 | 0.68 | 205.20M | 302.50M |
| Q1 FY1990 | 31 Mar 1990 | 0.75 | 152.50M | 203.00M |
| Q4 FY1989 | 31 Dec 1989 | 0.75 | 143.70M | 191.70M |
| Q3 FY1989 | 30 Sept 1989 | — | — | — |
| Q2 FY1989 | 30 Jun 1989 | — | — | — |
| Q1 FY1989 | 31 Mar 1989 | — | — | — |
| Q4 FY1988 | 31 Dec 1988 | 1.60 | 248.40M | 155.70M |
| Q3 FY1988 | 30 Sept 1988 | — | — | — |
| Q2 FY1988 | 30 Jun 1988 | — | — | — |
| Q1 FY1988 | 31 Mar 1988 | — | — | — |
| Q4 FY1987 | 31 Dec 1987 | 3.82 | 394.60M | 103.30M |
| Q3 FY1987 | 30 Sept 1987 | — | — | — |
| Q2 FY1987 | 30 Jun 1987 | — | — | — |
| Q1 FY1987 | 31 Mar 1987 | — | — | — |
| Q4 FY1986 | 31 Dec 1986 | 7.50 | 489.00M | 65.20M |
| Q3 FY1986 | 30 Sept 1986 | — | — | — |
| Q2 FY1986 | 30 Jun 1986 | — | — | — |
| Q1 FY1986 | 31 Mar 1986 | — | — | — |
| Q4 FY1985 | 31 Dec 1985 | 3.39 | 169.30M | 49.90M |
| Q3 FY1985 | 30 Sept 1985 | — | — | — |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Danaher's debt to equity
Source: Financial Modeling PrepVerified against SEC filings
