← DANAHER CORP /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net earnings | $2.6b |
$2.5b
-2.41%
|
$2.7b
+6.37%
|
$3.0b
+13.48%
|
$3.6b
+21.20%
|
$6.4b
+76.44%
|
$7.2b
+12.06%
|
$4.8b
-33.92%
|
$3.9b
-18.16%
|
$3.6b
-7.31%
|
— | |
| Net earnings from continuing operations | $2.2b | $2.5b | $2.7b | $2.4b | $3.6b | $6.3b | $7.2b | $4.2b | $3.9b | $3.6b | — | |
| Net Income (Loss) Attributable to Parent | $2.6b |
$2.5b
-2.41%
|
$2.7b
+6.37%
|
$3.0b
+13.48%
|
$3.6b
+21.20%
|
$6.4b
+76.44%
|
$7.2b
+12.06%
|
$4.8b
-33.92%
|
$3.9b
-18.16%
|
$3.6b
-7.31%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | — | — | — | $2.9b |
$3.5b
+19.40%
|
$6.3b
+78.60%
|
$7.1b
+13.30%
|
$4.7b
-33.23%
|
$3.9b
-17.79%
|
$3.6b
-7.31%
|
— | |
| Amortization | $583.1m | $660.5m | $706.2m | $625.1m | — | — | — | — | — | — | $1.8b | |
| Amortization of Intangible Assets | $583.0m | $661.0m | $706.0m | $625.0m | $1.1b | $1.4b | $1.5b | $1.5b | $1.6b | $1.7b | — | |
| Amortization of acquisition-related inventory fair value step-up | — | — | $0 | $0 | $457.0m | $59.0m | $0 | $8.0m | $25.0m | $0 | — | |
| Depreciation | $545.0m | $577.8m | $601.5m | $564.4m | $637.0m | $718.0m | $738.0m | $675.0m | $721.0m | $750.0m | $773.0m | |
| Depreciation, Depletion and Amortization | $1.1b | $1.2b | $1.3b | $1.2b | $1.8b | $2.2b | $2.2b | $2.2b | $721.0m | $750.0m | $2.5b | |
| Change in deferred income taxes | ($383.9m) | ($426.9m) | ($195.1m) | ($415.2m) | $518.0m | ($229.0m) | ($559.0m) | ($1.2b) | ($483.0m) | ($440.0m) | — | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | $41.0m | $49.0m | $58.0m | $81.0m | $99.0m | $80.0m | $97.0m | $69.0m | — | |
| Proceeds from the issuance of common stock in connection with stock-based compensation | — | $68.8m | $96.0m | $130.1m | $153.0m | $86.0m | $31.0m | $68.0m | $162.0m | $85.0m | — | |
| Share-based Payment Arrangement, Expense | $129.8m | $139.4m | $151.4m | $158.8m | $187.0m | $218.0m | $336.0m | $306.0m | $288.0m | $298.0m | $297.0m | |
| Share-based Payment Arrangement, Noncash Expense | $129.8m | $139.4m | $151.4m | $158.8m | $187.0m | $218.0m | $336.0m | $306.0m | $288.0m | $298.0m | $297.0m | |
| Stock-based compensation expense | $129.8m | $139.4m | $151.4m | $158.8m | $187.0m | $218.0m | $336.0m | $306.0m | $288.0m | $298.0m | $297.0m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | $91.0m | $31.0m | — | $58.0m | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $115.0m | |
| Impairment charges | — | — | — | — | — | — | $0 | $77.0m | $265.0m | $562.0m | — | |
| Restructuring Costs and Asset Impairment Charges | — | $56.1m | $2.1m | $0 | — | — | — | — | — | — | — | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | — | — | — | — | — | $180.0m | — | — | |
| Other Nonoperating Income (Expense) | — | — | — | — | $39.0m | $456.0m | ($226.0m) | ($175.0m) | ($56.0m) | ($222.0m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Change in trade accounts receivable, net | ($183.1m) | ($161.4m) | ($58.3m) | ($156.4m) | ($264.0m) | ($611.0m) | ($477.0m) | $322.0m | $331.0m | ($216.0m) | — | |
| Increase (Decrease) in Accounts Receivable | $183.1m | $161.4m | $58.3m | $156.4m | $264.0m | $611.0m | $477.0m | ($322.0m) | ($331.0m) | $216.0m | ($213.0m) | |
| Change in inventories | $9.4m | ($27.4m) | ($143.3m) | ($21.9m) | ($123.0m) | ($502.0m) | ($486.0m) | $185.0m | $147.0m | ($58.0m) | — | |
| Increase (Decrease) in Inventories | ($9.4m) | $27.4m | $143.3m | $21.9m | $123.0m | $502.0m | $486.0m | ($185.0m) | ($147.0m) | $58.0m | $12.0m | |
| Change in trade accounts payable | $78.1m | ($54.4m) | $225.8m | $18.1m | $227.0m | $549.0m | $5.0m | ($149.0m) | $19.0m | $9.0m | — | |
| Increase (Decrease) in Accounts Payable | $78.1m | ($54.4m) | $225.8m | $18.1m | $227.0m | $549.0m | $5.0m | ($149.0m) | $19.0m | $9.0m | $41.0m | |
| Change in accrued expenses and other liabilities | $262.7m | $312.7m | ($8.9m) | $404.5m | $145.0m | $139.0m | $76.0m | $34.0m | ($486.0m) | $41.0m | ($56.0m) | |
| Change in prepaid expenses and other assets | ($62.4m) | $4.4m | $89.7m | $47.7m | $102.0m | ($4.0m) | ($78.0m) | $419.0m | $274.0m | ($55.0m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $3.5b |
$3.5b
-1.25%
|
$4.0b
+15.65%
|
$4.0b
-1.75%
|
$6.2b
+57.10%
|
$8.4b
+34.63%
|
$8.5b
+1.93%
|
$7.2b
-15.91%
|
$6.7b
-6.64%
|
$6.4b
-4.07%
|
$6.6b
+3.41%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | $9.8m | $32.6m | $6.3m | $12.8m | $2.0m | $13.0m | $9.0m | $12.0m | $13.0m | $11.0m | $187.0m | |
| Payments to Acquire Property, Plant, and Equipment | $589.6m | $619.6m | $655.7m | $635.5m | $791.0m | $1.3b | $1.2b | $1.4b | $1.4b | $1.2b | ($1.2b) | |
| Gain (Loss) on Investments | — | — | — | — | $18.0m | $401.0m | ($271.0m) | ($182.0m) | ($57.0m) | ($248.0m) | $187.0m | |
| Gain (Loss) on Sale of Investments | $223.4m | $72.8m | $0 | $0 | — | — | — | — | — | — | — | |
| Payments for purchases of investments | $0 | $0 | ($148.9m) | ($241.0m) | ($342.0m) | ($934.0m) | ($523.0m) | ($172.0m) | ($331.0m) | ($127.0m) | — | |
| Payments to Acquire Investments | $0 | $0 | $148.9m | $241.0m | $342.0m | $934.0m | $523.0m | $172.0m | $331.0m | $127.0m | ($144.0m) | |
| Proceeds from sales of investments | $264.8m | $137.9m | $22.2m | $0 | $13.0m | $126.0m | $18.0m | $61.0m | $253.0m | $9.0m | — | |
| Unrealized Gain (Loss) on Investments | — | — | — | — | — | $281.0m | ($394.0m) | ($271.0m) | ($213.0m) | ($108.0m) | — | |
| Cash paid for acquisitions | ($4.9b) | ($385.8m) | ($2.2b) | ($331.3m) | ($21.0b) | ($11.0b) | ($637.0m) | ($5.6b) | ($558.0m) | $0 | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $4.9b | $385.8m | $2.2b | $331.3m | $21.0b | $11.0b | $637.0m | $5.6b | $558.0m | $0 | ($9.8b) | |
| All other investing activities | $31.7m | ($8.5m) | $0 | $28.9m | $24.0m | $37.0m | $51.0m | $44.0m | $34.0m | $33.0m | — | |
| Payments for (Proceeds from) Other Investing Activities | ($31.7m) | $8.5m | $0 | ($28.9m) | ($24.0m) | ($37.0m) | ($51.0m) | ($44.0m) | ($34.0m) | ($33.0m) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($5.2b) | ($843.4m) | ($2.9b) | ($1.2b) | ($21.2b) | ($13.0b) | ($2.2b) | ($7.1b) | ($2.0b) | ($1.2b) | ($11.1b) | |
| Total cash used in investing activities from continuing operations | ($5.2b) | ($843.4m) | ($2.9b) | ($1.2b) | ($21.2b) | ($13.0b) | ($2.1b) | ($7.0b) | ($2.0b) | ($1.2b) | — | |
| Total investing cash used in discontinued operations | ($69.8m) | $0 | $0 | ($72.0m) | $0 | $0 | ($89.0m) | ($33.0m) | $0 | $0 | — | |
| Cash flows from financing activities: | ||||||||||||
| Borrowings (maturities longer than 90 days) | — | — | $0 | $12.1b | $8.7b | $984.0m | $0 | $0 | $0 | $1.6b | — | |
| Gain (Loss) on Extinguishment of Debt | ($178.8m) | $0 | $0 | ($6.5m) | ($26.0m) | ($96.0m) | $0 | $0 | — | — | — | |
| Net (repayments of) proceeds from borrowings (maturities of 90 days or less) | $2.2b | ($3.8b) | $65.7m | $2.8b | ($4.6b) | $2.3b | ($723.0m) | ($1.0b) | $5.0m | ($11.0m) | — | |
| Proceeds from Issuance of Long-term Debt | $3.2b | $1.8b | $0 | $12.1b | — | — | — | — | — | — | $8.1b | |
| Repayments of Long-term Debt | $2.5b | $668.4m | $507.8m | $1.6b | — | — | — | — | — | — | ($1.9b) | |
| Repayments of borrowings (maturities longer than 90 days) | ($2.5b) | ($668.4m) | ($507.8m) | ($1.6b) | ($5.9b) | ($1.2b) | ($965.0m) | ($620.0m) | ($1.7b) | ($500.0m) | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $0 | $0 | $6.0b | $3.1b | — | |
| Proceeds from Issuance of Common Stock | $164.5m | $68.8m | $96.0m | $1.4b | $1.7b | $0 | $0 | $68.0m | $162.0m | $85.0m | $85.0m | |
| Dividends paid | $399.8m | $378.3m | $433.4m | $526.7m | $615.0m | $742.0m | $818.0m | $821.0m | $768.0m | $878.0m | ($964.0m) | |
| Payment of dividends | ($400) | ($378) | ($433) | ($527) | ($615) | ($742) | ($818) | ($821) | ($768) | ($878) | — | |
| All other financing activities | ($27.0m) | ($59.8m) | ($17.9m) | ($43.3m) | ($3.0m) | ($16.0m) | ($95.0m) | ($67.0m) | ($131.0m) | ($125.0m) | — | |
| Proceeds from (Payments for) Other Financing Activities | ($27.0m) | ($59.8m) | ($17.9m) | ($43.3m) | ($3.0m) | ($16.0m) | ($95.0m) | ($67.0m) | ($131.0m) | ($125.0m) | — | |
| Net cash (used in) provided by financing activities for continuing operations | $2.5b |
($3.1b)
-222.57%
|
($797.4m)
+74.26%
|
$16.6b
+2180.50%
|
$1.0b
-93.94%
|
$1.3b
+28.73%
|
($2.6b)
-298.46%
|
$154.0m
+105.99%
|
($8.4b)
-5544.81%
|
($3.0b)
+64.69%
|
— | |
| Net Cash Provided by (Used in) Financing Activities | $2.0b |
($3.1b)
-251.69%
|
($797.4m)
+74.26%
|
$16.4b
+2152.41%
|
$1.0b
-93.85%
|
$1.3b
+28.73%
|
($2.6b)
-298.46%
|
($273.0m)
+89.38%
|
($8.4b)
-2971.43%
|
($3.0b)
+64.69%
|
$5.9b
+297.91%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($148.6m) | $130.7m | ($117.7m) | $45.1m | ($13.9b) | ($3.4b) | $3.4b | ($131.0m) | ($3.8b) | $2.5b | $4.4b | |
| Beginning balance of cash and equivalents | $790.8m | $963.7m | $630.3m | $787.8m | $6.0b | $2.6b | $6.0b | $5.9b | $2.1b | $4.6b | — | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $6.0b | $2.6b | $6.0b | $5.9b | $2.1b | $4.6b | $4.4b | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($148.6m) | $130.7m | ($117.7m) | $45.1m | $148.0m | ($115.0m) | ($306.0m) | $59.0m | ($108.0m) | $278.0m | ($12.0m) | |
| Effect of exchange rate changes on cash and equivalents | ($148.6m) | $130.7m | ($117.7m) | $45.1m | $148.0m | ($115.0m) | ($306.0m) | $59.0m | ($108.0m) | $278.0m | ($12.0m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Additional Financial Items | ||||||||||||
| Cash distributions to Veralto Corporation, net | ($485.3m) | $0 | $0 | ($224.0m) | $0 | $0 | $0 | ($427.0m) | $0 | $0 | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | $455.0m | $13.0m | $0 | $0 | — | $9.0m | — | |
| Distribution from discontinued operations | — | — | — | — | — | $0 | $0 | $2.6b | $0 | $0 | — | |
| Distribution of noncash net assets to Veralto Corporation | — | — | — | — | — | $0 | $0 | ($1.7b) | $0 | $0 | — | |
| Goodwill | $23.8b | $25.1b | $25.9b | $22.7b | $35.4b | $41.2b | $39.8b | $41.6b | $40.5b | $43.2b | $115.0m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $2.2b | $2.5b | $2.7b | $2.4b | $3.6b | $6.3b | $7.2b | $4.2b | $3.9b | $3.6b | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | $400.3m | $22.3m | $0 | $575.9m | $0 | $86.0m | $0 | $543.0m | $0 | $14.0m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $400.3m | $22.3m | $0 | $589.2m | $0 | ($86.0m) | $0 | ($543.0m) | $0 | ($14.0m) | — | |
| Income Tax Expense (Benefit) | $457.9m | $469.0m | $641.9m | $873.0m | $849.0m | $1.3b | $1.1b | $823.0m | $747.0m | $633.0m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | $1.8b | $1.3b | $1.2b | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $278.0m | $265.0m | — | |
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | — | — | — | — | — | $370.0m | $331.0m | — | |
| Investment (Gains) Losses, Pretax Gain On Sale Of Product Line And Other | — | — | — | — | — | — | — | ($182.0m) | ($57.0m) | ($228.0m) | — | |
| Investment Income, Interest | $200k | $7.5m | $9.2m | $139.0m | $71.0m | $11.0m | $41.0m | $303.0m | $117.0m | $30.0m | — | |
| Less: earnings from discontinued operations, net of income taxes | $400.3m | $22.3m | $0 | $575.9m | $0 | ($86.0m) | $0 | ($543.0m) | $0 | ($14.0m) | — | |
| Net change in cash and equivalents | $172.9m | ($333.4m) | $157.5m | $19.1b | ($13.9b) | ($3.4b) | $3.4b | ($131.0m) | ($3.8b) | $2.5b | — | |
| Proceeds from Stock Options Exercised | — | $117.0m | $133.0m | $179.0m | $211.0m | $167.0m | $130.0m | $148.0m | $259.0m | $154.0m | — | |
| Realized Investment Gains (Losses) | — | — | — | — | — | $120.0m | $123.0m | $89.0m | $156.0m | ($140.0m) | — | |
| Supplemental disclosure of cash flow information: |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.