Danaher Corporation (DHR)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 4,646,000 | 5,044,000 | 8,292,000 | 7,598,000 | 4,495,000 |
| Revenue | US$ in thousands | 23,875,000 | 23,890,000 | 31,471,000 | 29,453,000 | 22,284,000 |
| Pretax margin | 19.46% | 21.11% | 26.35% | 25.80% | 20.17% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $4,646,000K ÷ $23,875,000K
= 19.46%
The pretax margin of Danaher Corporation has shown fluctuations over the past five years. It increased from 20.17% in December 31, 2020, to 25.80% in December 31, 2021, indicating improved profitability. Subsequently, the pretax margin continued to rise to 26.35% by December 31, 2022, reaching its peak during this period. However, there was a slight decline in profitability in the following year, with the pretax margin decreasing to 21.11% by December 31, 2023. This downward trend persisted, as of December 31, 2024, where the pretax margin dropped further to 19.46%. Overall, the company experienced fluctuations in its pretax margin, suggesting varying levels of efficiency in generating profits before accounting for taxes over the five-year period.
Peer comparison
Dec 31, 2024