Skip to content
Danaher Corporation logo

DHR

Danaher Corporation

NYSEHealth CareDiagnostics & ResearchSnapshot 2026-05-08

$171.16-2.56%
Close 2026-05-08 · 1-day change
The bottom line

As of May 8, 2026, DHR has a composite score of 13.4 and is labeled as "mild favorable." This score is influenced by a medium confidence level of 79.3 and a moderate risk label, with notable strengths in macro factors (31.5) and management (44.9). The analysis is provisional, reflecting potential changes in guidance and sector trends.

Composite +13as of 2026-05-08

Price

Daily closes from AlphaVantage. Earnings/event dots are placed inline.

Close 2026-05-08
Daily closes. Scroll over the chart to zoom; click a range to reset.
EarningsMaterial event

Factor signals

Read top-to-bottom: thesis (is this a strong company over a 1–3 year hold), watch flags (has something changed worth re-reading), and position context (how violent might the path be). Each pill is a parallel diagnostic — never aggregated into a single score.

L1

Thesis

is this a strong company over a 1–3 year hold?
F1 · Recent financial performance
strong
Top 10% of health care cohort
Why this rank
  • Direction share
    1.00
  • Slope (norm)
    0.17
  • Bonus
    0.00
Operating income, last 4 quarters ($M)
760115416371274
F2 · Value
expensive
Most expensive 30% of health care cohort
Why this rank
Price
$171.16
TTM EPS
$4.68
Earnings yield
2.7%
P/E (TTM)
36.6

Trailing four: 2025-Q2, 2025-Q3, 2026-Q1, 2026-Q2

F3 · Earnings quality
neutral
Mid-cohort cash conversion
Why this rank
TTM NI ($M)
3,765
TTM CFO ($M)
6,248
CFO/NI
1.66
L2

Watch

has something changed worth re-reading?
F4 · Management stability
volatile
Bottom 10% activity in health care cohort· see deep-dive ↓
capital friendlyTop 20% capital-friendly in health care cohort
Earnings setup · pre-print positioning
forward-looking
neutral1 positive, 1 negative material events / 30dfor period ending 2026-06-30
Why this setup
Consensus revisions

EPS estimate $1.88 → $1.84 (-2.3% / 30d). 1 raised, 15 cut, 20 covering analysts.

Rating actions

0 upgrades, 0 downgrades / 30d, 8 maintained. 92% of analysts rate Buy.

Price target activity

4 PT revisions / 30d. Avg target 19.4% above current price.

Material events

1 positive, 1 negative / 30d. See F4 management tile for the event list.

F4 · Management deep-dive — recent events, stated priorities, guidance track record
2

Stated priorities

3 priorityies extracted from earnings transcripts (as of 2026-05-08).

  1. 1.Increase EPS guidancegrowthbehind10% progress
    4/21: The Company is increasing its full year adjusted diluted net earnings per common share guidance to a range of $8.35 to $8.55.
    Why this status

    Stated in 2 of last 2 quarters. EPS guidance increased from $7.70-$7.80 in 2025-Q4 to $8.35-$8.55 in 2026-Q1. The trajectory shows an upward revision in guidance, indicating progress towards this priority.

  2. 2.Grow core revenue 3% to 6%growthbehind10% progress
    4/21: The Company continues to expect that non-GAAP core revenue will increase in the 3% to 6% range year-over-year.
    Why this status

    Stated in 3 of last 3 quarters. Revenue decreased from $6.09B in 2025-Q4 to $5.74B in 2026-Q1, indicating limited progress towards the 3% to 6% growth target. The recurring focus on this priority has yet to translate into substantive revenue growth.

  3. 3.Announce share buybackcapital allocationmixed40% progress
    4/29: Danaher announced a share buyback on April 29, 2026.
    Why this status

    Newly stated in 2026-Q1. The announcement of a share buyback on April 29, 2026, marks a step in Danaher's capital allocation strategy. However, without specific buyback amounts or execution details, the impact remains to be seen.

3

Guidance track record

Insufficient guidance history for this ticker.

L3

Position context

how violent might the path be while I hold it?
Risk profile · realized
backward-looking
moderateworst 12m loss −29%, typical day ±0.9%
Why this risk level

Recent vol — 30d annualized 30%; 252d 29%.

Drawdown — Max 1y −29%. Bad day move −3%.

Beta to sector ETF (XLV) 1.17 over 1y.

Liquidity — score 100/100.

Sub-scores — vol 52/100, drawdown 42/100, beta 83/100, earnings vol .

Sector regime
headwind-15.1%sector vs S&P 500, 60d

via XLV

Tailwind = sector leading the S&P 500; headwind = trailing. Both can be constructive — historically, headwind regimes have averaged stronger forward returns than tailwind.

AI cycle regime · market-wide
2-axis classifier
HeatingManiaSquallCrisisEarnings →Mood ↑
HeatingE +0.13 · M +0.71
Single-axisCHASEz +2.97+1.285d

Context label only — describes the market state (e.g. real bear vs narrative panic, healthy uptrend vs late-stage froth). It is not a per-ticker buy/sell signal and does not predict factor performance.

Not investment advice. As of 2026-05-08.

3

What changed

The most important moves since the prior daily snapshot.

  1. No material changes since the prior snapshot.

No material changes since the prior snapshot.

as of 2026-05-08

4

Management scorecard

How management runs the business — capital, margins, balance sheet, and how reliably they guide and deliver.

Composite44.9 / 100
Capital allocation36
Earnings discipline67
Margin discipline40
Balance sheet42
Guidance credibility
Post-call reaction38
as of 2026-05-08
4

What management is focused on

Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.

  • #1

    Increase EPS guidance

    GrowthNew since 2026-05-04

    Danaher aims to increase its full year adjusted diluted net earnings per share guidance.

    Behind

    Stated in 2 of last 2 quarters. EPS guidance increased from $7.70-$7.80 in 2025-Q4 to $8.35-$8.55 in 2026-Q1. The trajectory shows an upward revision in guidance, indicating progress towards this priority.

    EPS guidance increased to $8.35-$8.55
    10%
    CEO/CFO:The Company is increasing its full year adjusted diluted net earnings per common share guidance to a range of $8.35 to $8.55.
    Multiple sourcesSource dated 2026-04-21Stated 2 of last 8 quartersFirst seen 2026-05-04
    Show history (2)
    • 2026-Q1Multiple sources

      The Company is increasing its full year adjusted diluted net earnings per common share guidance to a range of $8.35 to $8.55.

    • 2025-Q4Multiple sources

      The Company is maintaining its full year adjusted diluted net earnings per common share guidance range of $7.70 to $7.80.

  • #2

    Grow core revenue 3% to 6%

    GrowthNew since 2026-05-04

    Danaher aims to achieve a 3% to 6% year-over-year increase in non-GAAP core revenue.

    Behind

    Stated in 3 of last 3 quarters. Revenue decreased from $6.09B in 2025-Q4 to $5.74B in 2026-Q1, indicating limited progress towards the 3% to 6% growth target. The recurring focus on this priority has yet to translate into substantive revenue growth.

    10%
    CEO/CFO:The Company continues to expect that non-GAAP core revenue will increase in the 3% to 6% range year-over-year.
    Multiple sourcesSource dated 2026-04-21Stated 3 of last 8 quartersFirst seen 2026-05-04
    Show history (3)
    • 2026-Q1Multiple sources

      The Company continues to expect that non-GAAP core revenue will increase in the 3% to 6% range year-over-year.

    • 2025-Q4Multiple sources

      For full year 2026, the Company expects that non-GAAP core revenue will increase in the 3% to 6% range year-over-year.

    • 2025-Q3Multiple sources

      Non-GAAP core revenue will grow low-single digits year-over-year for the full year 2025.

  • #3

    Announce share buyback

    Capital allocationNew since 2026-05-04

    Danaher announced a share buyback as part of its capital allocation strategy.

    Mixed

    Newly stated in 2026-Q1. The announcement of a share buyback on April 29, 2026, marks a step in Danaher's capital allocation strategy. However, without specific buyback amounts or execution details, the impact remains to be seen.

    40%
    CEO/CFO:Danaher announced a share buyback on April 29, 2026.
    Multiple sourcesSource dated 2026-04-29Stated 1 of last 8 quartersFirst seen 2026-05-04
    Show history (1)
    • 2026-Q1Multiple sources

      Danaher announced a share buyback on April 29, 2026.

as of 2026-05-08
5

How this stock is priced

Two ways to read price: against peers in the same business, and against the company's own history.

Compared to peers
27higher = cheaper

Looks more expensive than peers.

Compared to its own history
97higher = cheaper

Cheaper than its own typical valuation.

P/E
22.0x
EV/EBITDA
FCF yield
4.2%

P/E over the last 5 years

71 monthly points
fairas of 2026-05-08
7

How this compares

A side-by-side read on composite, valuation, and risk versus peers.

StockCompositeValuationRisk
DHR
Danaher Corporation
+13fairmoderate
LLY
Lilly (Eli)
+21fullmoderate
JNJ
Johnson & Johnson
+18fulllow
ABBV
AbbVie
+12fairlow
UNH
UnitedHealth Group
+24fairelevated
8

Risk — how this stock moves

What a normal day looks like, what a bad day looks like, and the worst the last year has thrown at it.

A typical day
How much price usually moves either way.
0.9%
A bad day (95th %ile)
A rough but not unusual down day.
-2.8%
Worst 12-month loss
Deepest peak-to-trough drop in the last year.
-29.1%
Earnings-day move
How much price usually moves on earnings day.
moderateas of 2026-05-08
9

What could change this view

Conditional scenarios — if X happens, the score would shift by about Y points. These are not predictions.

Upside triggers
  • If health_care sector trend rises from +0.06 into 'improving' (>= +0.20)+5.0 pts
  • If next-quarter guidance is raised (currently NEW as of 2026-04-21)+4.0 pts
Downside triggers
  • If next-quarter guidance is cut (currently NEW as of 2026-04-21)-8.0 pts
  • If labor state reverses from -0.31 (negative) to +0.31 (positive)-6.8 pts
  • If health_care sector trend falls from +0.06 into 'weakening' (<= -0.20)-5.0 pts
10

Material updates

Recent SEC 8-K filings ranked by likely impact, confidence, and recency.

  1. 2026-05-071d agoItem 5.02

    DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS On May 5, 2026, at the annual meeting of shareholders (the “Annual Meeting”) of Danaher Corporation (the “Company”), as further described in

    executive changeneutralscore 55
  2. 2026-04-299d agoItem 1.01

    Entry into a Material Definitive Agreement On April 29, 2026, Danaher Corporation (“Danaher”) issued € 500,000,000 aggregate principal amount of Floating Rate Senior Notes due 2028 (the “Floating Rate Notes”), € 750,000,000 aggregate principal amount of 3.250% Senior Notes due 2030 (the “2030 Notes”), € 750,000,000 aggregate principal amount of 3.625% Senior Notes due 2034 (the “2034 Notes”) and € 1,000,000,000 aggregate principal amount of 4.000% Senior Notes due 2038 (the “2038 Notes” and,…

    capital allocationpositivescore 53
  3. 2026-04-2018d agoItem 2.02

    RESULTS OF OPERATIONS AND FINANCIAL CONDITION On April 21, 2026, Danaher Corporation (“Danaher”) issued a press release announcing financial results for the quarter ended March 27, 2026. A copy of the release is furnished herewith as Exhibit 99.1 and incorporated by reference herein. This Current Report on Form 8-K and the press release attached hereto are being furnished by Danaher pursuant to

    earnings preannouncementneutralscore 43
  4. 2026-04-1721d agoItem 1.01

    ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT 364-Day Revolving Credit Facility On April 16, 2026, Danaher Corporation (“Danaher”) entered into a new $5.0 billion 364-day revolving credit facility (the “Credit Facility”) with Bank of America, N.A., as Administrative Agent, and a syndicate of lenders from time to time party thereto. The Credit Facility expires on April 15, 2027 (the “Scheduled Termination Date”). Danaher may elect, upon the payment of a fee equal to 0.50% of the principal amount…

    capital allocationneutralscore 40
  5. 2026-04-1721d agoItem 2.03

    CREATION OF A DIRECT FINANCIAL OBLIGATION OR AN OBLIGATION UNDER AN OFF-BALANCE SHEET ARRANGEMENT OF A REGISTRANT The information set forth under

    capital allocationnegativescore 32
11

Score history

The composite score, snapshot by snapshot. The dotted line at zero separates leaning-positive from leaning-negative.

60 snapshots
Data freshness · As of 2026-05-08 · Macro 2026-05-08 · Sector 2026-05-07 · Fundamentals 2026-04-21 · Price 2026-05-07 · Generated 2026-05-08 · Spec 2.3

Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.