Danaher Corporation (DHR)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 4,764,000 | 5,917,000 | 6,360,000 | 6,934,000 | 7,209,000 | 6,765,000 | 6,351,000 | 6,456,000 | 6,433,000 | 5,886,000 | 5,611,000 | 4,753,000 | 3,646,000 | 3,679,900 | 3,464,900 | 3,269,200 | 3,008,000 | 2,479,900 | 2,475,600 | 2,418,100 |
| Revenue (ttm) | US$ in thousands | 27,514,000 | 29,446,000 | 30,174,000 | 30,811,000 | 31,383,000 | 31,114,000 | 30,643,000 | 30,083,000 | 29,239,000 | 27,833,000 | 26,462,000 | 24,514,000 | 21,983,000 | 20,189,400 | 19,394,400 | 19,311,400 | 19,872,000 | 20,367,100 | 20,209,200 | 20,054,200 |
| Net profit margin | 17.31% | 20.09% | 21.08% | 22.50% | 22.97% | 21.74% | 20.73% | 21.46% | 22.00% | 21.15% | 21.20% | 19.39% | 16.59% | 18.23% | 17.87% | 16.93% | 15.14% | 12.18% | 12.25% | 12.06% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,764,000K ÷ $27,514,000K
= 17.31%
The net profit margin for Danaher Corp. has exhibited consistent performance levels over the past eight quarters, staying above the 20% mark in most periods. The margin peaked at 22.57% in Q4 2022 but has shown a slight decline since then, reaching its lowest point at 19.85% in Q4 2023. Despite some fluctuations, the company has maintained relatively healthy profitability ratios, demonstrating effective cost management and revenue generation strategies. Overall, Danaher Corp.'s net profit margin signifies strong profitability and efficient operational performance during the period under review.
Peer comparison
Dec 31, 2023