Danaher Corporation (DHR)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,899,000 | 4,743,000 | 7,209,000 | 6,433,000 | 3,646,000 |
| Revenue | US$ in thousands | 23,875,000 | 23,890,000 | 31,471,000 | 29,453,000 | 22,284,000 |
| Net profit margin | 16.33% | 19.85% | 22.91% | 21.84% | 16.36% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,899,000K ÷ $23,875,000K
= 16.33%
Danaher Corporation's net profit margin has shown fluctuations over the past five years. The company's net profit margin increased from 16.36% in December 2020 to 22.91% in December 2022, indicating improving profitability. However, in the following years, there was a slight decline in the net profit margin to 19.85% in December 2023 and further down to 16.33% in December 2024. This downward trend suggests a potential decrease in the company's profitability in recent years. It is essential for Danaher Corporation to closely monitor its operating expenses and revenue generation to sustain and improve its net profit margin in the future.
Peer comparison
Dec 31, 2024