DHR

Danaher
D

DHR

Arincen73/100B

Danaher free cash flow 1990–2026

Danaher's free cash flow in Q3 FY2026, the three months to 25 September 2026, was 1.63B USD, up 19.1% on the same quarter a year before. Danaher's free cash flow over the last twelve months was 5.73B USD, up 14.2% on the twelve months before. In fiscal year 2025 it was 5.26B USD, down 0.7% on the year before.

Last updated 11 Nov 2026 · Next report 27 Jan 2027

Free cash flow

Free cash flow · +4.8% a year over 10 yearsFree cash flow margin

Growth

Fiscal yearPeriod endingFree cash flowGrowthFree cash flow marginOperating cash flowCapital expenditureFree cash flow per share
TTM25 Sept 20265.73B+14.15%22.36%6.86B-1.13B8.08
FY202531 Dec 20255.26B-0.68%21.41%6.42B-1.16B7.40
FY202431 Dec 20245.30B-8.39%22.18%6.69B-1.39B7.18
FY202331 Dec 20235.78B-21.53%24.20%7.16B-1.38B7.78
FY202231 Dec 20227.37B+4.29%27.65%8.52B-1.15B9.99
FY202131 Dec 20217.06B+30.40%23.98%8.36B-1.29B9.59
FY202031 Dec 20205.42B+63.35%24.31%6.21B-791.00M7.54
FY201931 Dec 20193.32B-3.55%18.51%3.95B-635.50M4.57
FY201831 Dec 20183.44B+18.26%20.17%4.02B-584.00M4.84
FY201731 Dec 20172.91B-0.86%15.86%3.48B-570.70M4.12
FY201631 Dec 20162.93B-10.85%17.37%3.52B-589.60M4.19
FY201531 Dec 20153.29B-0.12%22.79%3.80B-512.90M4.64
FY201431 Dec 20143.29B+8.07%16.54%3.76B-465.40M4.60
FY201331 Dec 20133.05B+3.06%15.94%3.59B-538.10M4.29
FY201231 Dec 20122.96B+29.01%16.19%3.42B-458.30M4.15
FY201131 Dec 20112.29B+22.75%14.24%2.63B-334.47M3.27
FY201031 Dec 20101.87B+15.80%14.14%2.08B-217.33M2.73
FY200931 Dec 20091.61B-3.18%14.41%1.80B-188.55M2.40
FY200831 Dec 20081.67B+12.24%13.11%1.86B-193.78M2.48
FY200731 Dec 20071.48B+5.26%13.46%1.65B-162.07M2.25
FY200631 Dec 20061.41B+30.20%14.69%1.55B-137.71M2.17
FY200531 Dec 20051.08B+18.02%13.56%1.20B-121.21M1.65
FY200431 Dec 2004917.31M+17.42%13.31%1.03B-115.91M1.40
FY200331 Dec 2003781.20M+21.13%14.76%861.54M-80.34M1.21
FY200231 Dec 2002644.92M+22.17%14.09%710.35M-65.43M1.02
FY200131 Dec 2001527.89M+24.58%13.96%608.47M-80.59M0.87
FY200031 Dec 2000423.74M+59.66%11.22%512.25M-88.50M0.73
FY199931 Dec 1999265.40M—8.30%419.10M-153.70M0.45
FY199831 Dec 1998-284.70M-232.05%-9.78%331.30M-616.00M-0.49
FY199731 Dec 1997215.60M+30.04%10.51%278.40M-62.80M0.37
FY199631 Dec 1996165.80M+44.17%9.15%217.10M-51.30M0.30
FY199531 Dec 1995115.00M+27.92%7.73%174.20M-59.20M0.24
FY199431 Dec 199489.90M-5.86%6.98%144.40M-54.50M0.20
FY199331 Dec 199395.50M+144.87%8.95%135.80M-40.30M0.22
FY199231 Dec 199239.00M—4.11%72.90M-33.90M0.09
FY199131 Dec 19910.00-100.00%0.00%41.80M-41.80M0.00
FY199031 Dec 199037.00M—4.40%70.00M-33.00M0.09

Figures in USD. Free cash flow is operating cash flow less capital expenditure; owner earnings take off only the spending that keeps the business as it is, not the spending to grow it (an estimate by Financial Modeling Prep). Quarterly growth is on the same quarter a year before; TTM is the last four quarters.

See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Total debt,Stock buybacks,Cash flow

Common questions about Danaher's free cash flow

Source: Financial Modeling PrepVerified against SEC filings