Danaher (DHR) ROIC: History & Chart

Name: Danaher Corporation (DHR) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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Danaher Corporation(DHR)

Medical - Diagnostics & Research · Washington, DC

$206.19-1.47 (-0.71%)

Delayed quote: Sep 8, 2026, 3:20 PM EDT

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About Danaher Corporation

Danaher Corporation is a diversified global technology and science company that specializes in developing, manufacturing, and distributing a wide array of professional, medical, industrial, and commercial products and services across the world. The organization is structured into three primary operating segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. Within the Life Sciences segment, Danaher provides advanced instrumentation and solutions crucial for scientific research and development. This encompasses equipment like mass spectrometers, flow cytometry, genomics, lab automation, centrifugation, particle counting and characterization tools, and microscopes, alongside genomics consumables and technologies vital for Gene and Cell Therapy. Additionally, it delivers bioprocess technologies, consumables, and related services, as well as sophisticated filtration, separation, and purification systems. Its diverse clientele includes pharmaceutical, biopharmaceutical, food and beverage, medical, and life sciences companies, in addition to universities, medical schools, research institutions, and various industrial manufacturers. The Diagnostics segment is dedicated to furnishing essential tools for healthcare. Its offerings range from comprehensive systems for chemistry, immunoassay, microbiology, and automation to products for hematology, molecular, acute care, and pathology diagnostics. This segment equips hospitals, physicians' offices, reference laboratories, and other critical care settings with clinical instruments, reagents, consumables, software, and support services for accurate patient diagnosis and management. The Environmental & Applied Solutions segment addresses a broad spectrum of industrial and resource management requirements. It supplies instrumentation, consumables, software, services, and disinfection systems critical for the analysis, treatment, and management of various water types—including ultra-pure, potable, industrial, waste, ground, source, and ocean water—across residential, commercial, industrial, and natural resource applications. Furthermore, this segment delivers instruments, software, services, and consumables tailored for color and appearance management, packaging design and quality assurance, packaging converting, printing, marking, coding, and traceability applications for consumer, pharmaceutical, and industrial products. Established in 1969, the company was initially known as Diversified Mortgage Investors, Inc., before officially rebranding as Danaher Corporation in 1984. Its corporate headquarters are located in Washington, D.C.

Washington, DC

59,000 employees

www.danaher.com

Healthcare / Medical - Diagnostics & Research

Sector: Healthcare
Industry: Medical - Diagnostics & Research
CEO: Rainer Blair

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DHR Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

5.03%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

5.65%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

5.89%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

7.08%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

5.93%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

6.85%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

7.45%

CURRENT VS TTM AVG

-10.92%

CURRENT VS 3Y AVG

-14.62%

CURRENT VS 5Y AVG

-28.94%

CURRENT VS 10Y AVG

-15.18%

CURRENT VS 15Y AVG

-26.56%

CURRENT VS 20Y AVG

-32.50%

SECTOR MEDIAN · HEALTHCARE

8.75%

median of 90 covered companies

CURRENT VS SECTOR MEDIAN

-42.46%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
Danaher Corporation (DHR)	$144.95B	5.03%	5.65%	5.89%	7.08%
Vertex Pharmaceuticals Incorporated (VRTX)vs ›	$134.42B	17.33%	8.72%	13.98%	17.04%
Bristol-Myers Squibb Company (BMY)vs ›	$132.30B	15.47%	14.35%	12.24%	10.38%
Pfizer Inc. (PFE)vs ›	$158.76B	9.33%	9.06%	10.61%	10.43%
Intuitive Surgical, Inc. (ISRG)vs ›	$123.94B	15.11%	12.85%	12.25%	11.92%
CVS Health Corp. (CVS)vs ›	$122.99B	4.14%	4.18%	4.49%	4.97%
Medtronic plc (MDT)vs ›	$118.35B	6.13%	6.11%	5.46%	5.53%
Gilead Sciences, Inc. (GILD)vs ›	$182.25B	-3.66%	11.34%	11.28%	10.29%
Abbott Laboratories (ABT)vs ›	$182.82B	6.07%	9.16%	9.70%	9.86%
Stryker Corporation (SYK)vs ›	$106.00B	9.82%	10.14%	10.34%	10.08%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

Danaher Corporation (DHR)

$144.95B

5.03%

5.65%

5.89%

7.08%

Vertex Pharmaceuticals Incorporated (VRTX)vs ›

$134.42B

17.33%

8.72%

13.98%

17.04%

Bristol-Myers Squibb Company (BMY)vs ›

$132.30B

15.47%

14.35%

12.24%

10.38%

Pfizer Inc. (PFE)vs ›

$158.76B

9.33%

9.06%

10.61%

10.43%

Intuitive Surgical, Inc. (ISRG)vs ›

$123.94B

15.11%

12.85%

12.25%

11.92%

CVS Health Corp. (CVS)vs ›

$122.99B

4.14%

4.18%

4.49%

4.97%

Medtronic plc (MDT)vs ›

$118.35B

6.13%

6.11%

5.46%

5.53%

Gilead Sciences, Inc. (GILD)vs ›

$182.25B

-3.66%

11.34%

11.28%

10.29%

Abbott Laboratories (ABT)vs ›

$182.82B

6.07%

9.16%

9.70%

9.86%

Stryker Corporation (SYK)vs ›

$106.00B

9.82%

10.14%

10.34%

10.08%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Danaher Corporation (DHR)?

The return on invested capital (ROIC) for DHR stock is 5.03%.

Is Danaher Corporation's return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 5.03% is 29% below its 5-year average of 7.08%, near the low end of its 5-year range (5.03%–9.58%).

What is the TTM average return on invested capital (ROIC) for Danaher Corporation (DHR)?

The TTM average return on invested capital (ROIC) for DHR stock is 5.65%.

What is the 3Y average return on invested capital (ROIC) for Danaher Corporation (DHR)?

The 3Y average return on invested capital (ROIC) for DHR stock is 5.89%.

What is the 5Y average return on invested capital (ROIC) for Danaher Corporation (DHR)?

The 5Y average return on invested capital (ROIC) for DHR stock is 7.08%.

What is the 10Y average return on invested capital (ROIC) for Danaher Corporation (DHR)?

The 10Y average return on invested capital (ROIC) for DHR stock is 5.93%.

What is the 15Y average return on invested capital (ROIC) for Danaher Corporation (DHR)?

The 15Y average return on invested capital (ROIC) for DHR stock is 6.85%.

What is the 20Y average return on invested capital (ROIC) for Danaher Corporation (DHR)?

The 20Y average return on invested capital (ROIC) for DHR stock is 7.45%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-06-26	5.03%
2026-03-27	5.73%
2025-12-31	5.70%
2025-09-26	6.12%
2025-06-27	5.66%
2025-03-28	5.81%
2024-12-31	6.09%
2024-09-27	5.52%
2024-06-28	5.90%
2024-03-29	5.74%
2023-12-31	5.91%
2023-09-29	6.65%
2023-06-30	7.73%
2023-03-31	8.59%
2022-12-31	9.56%
2022-09-30	9.58%
2022-07-01	9.42%
2022-04-01	9.06%
2021-12-31	8.94%
2021-10-01	8.19%
2021-07-02	7.79%
2021-04-02	6.56%
2020-12-31	5.00%
2020-10-02	4.40%
2020-07-03	3.99%
2020-04-03	4.18%
2019-12-31	4.18%
2019-09-27	4.08%
2019-06-28	4.89%
2019-03-29	5.11%
2018-12-31	6.24%
2018-09-28	6.62%
2018-06-29	6.36%
2018-03-30	6.35%
2017-12-31	6.29%
2017-09-29	6.13%
2017-06-30	6.16%
2017-03-31	6.25%
2016-12-31	6.57%
2016-09-30	7.21%
2016-07-01	5.94%
2016-04-01	6.35%
2015-12-31	6.30%
2015-10-02	5.67%
2015-07-03	8.06%
2015-04-03	8.17%
2014-12-31	8.09%
2014-09-26	8.40%
2014-06-27	8.20%
2014-03-28	8.21%
2013-12-31	8.20%
2013-09-27	8.39%
2013-06-28	8.37%
2013-03-29	8.44%
2012-12-31	8.40%
2012-09-28	8.39%
2012-06-29	8.58%
2012-03-30	8.19%
2011-12-31	8.00%
2011-09-30	7.51%
2011-07-01	6.80%
2011-04-01	8.99%
2010-12-31	8.75%
2010-10-01	7.90%
2010-07-02	8.06%
2010-04-02	7.69%
2009-12-31	7.39%
2009-10-02	7.72%
2009-07-03	8.16%
2009-04-03	8.90%
2008-12-31	9.51%
2008-09-26	9.57%
2008-06-27	9.12%
2008-03-28	8.75%
2007-12-31	8.71%
2007-09-28	11.09%
2007-06-29	11.05%
2007-03-30	11.16%
2006-12-31	11.31%
2006-09-29	11.28%
2006-06-30	10.74%
2006-03-31	13.11%
2005-12-31	12.99%
2005-09-30	12.81%
2005-07-01	12.70%
2005-04-01	12.07%
2004-12-31	11.61%
2004-10-01	11.74%
2004-07-02	11.16%
2004-04-02	10.67%
2003-12-31	10.31%
2003-09-26	9.97%
2003-06-27	9.69%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-06-26

5.03%

2026-03-27

5.73%

2025-12-31

5.70%

2025-09-26

6.12%

2025-06-27

5.66%

2025-03-28

5.81%

2024-12-31

6.09%

2024-09-27

5.52%

2024-06-28

5.90%

2024-03-29

5.74%

2023-12-31

5.91%

2023-09-29

6.65%

2023-06-30

7.73%

2023-03-31

8.59%

2022-12-31

9.56%

2022-09-30

9.58%

2022-07-01

9.42%

2022-04-01

9.06%

2021-12-31

8.94%

2021-10-01

8.19%

2021-07-02

7.79%

2021-04-02

6.56%

2020-12-31

5.00%

2020-10-02

4.40%

2020-07-03

3.99%

2020-04-03

4.18%

2019-12-31

4.18%

2019-09-27

4.08%

2019-06-28

4.89%

2019-03-29

5.11%

2018-12-31

6.24%

2018-09-28

6.62%

2018-06-29

6.36%

2018-03-30

6.35%

2017-12-31

6.29%

2017-09-29

6.13%

2017-06-30

6.16%

2017-03-31

6.25%

2016-12-31

6.57%

2016-09-30

7.21%

2016-07-01

5.94%

2016-04-01

6.35%

2015-12-31

6.30%

2015-10-02

5.67%

2015-07-03

8.06%

2015-04-03

8.17%

2014-12-31

8.09%

2014-09-26

8.40%

2014-06-27

8.20%

2014-03-28

8.21%

2013-12-31

8.20%

2013-09-27

8.39%

2013-06-28

8.37%

2013-03-29

8.44%

2012-12-31

8.40%

2012-09-28

8.39%

2012-06-29

8.58%

2012-03-30

8.19%

2011-12-31

8.00%

2011-09-30

7.51%

2011-07-01

6.80%

2011-04-01

8.99%

2010-12-31

8.75%

2010-10-01

7.90%

2010-07-02

8.06%

2010-04-02

7.69%

2009-12-31

7.39%

2009-10-02

7.72%

2009-07-03

8.16%

2009-04-03

8.90%

2008-12-31

9.51%

2008-09-26

9.57%

2008-06-27

9.12%

2008-03-28

8.75%

2007-12-31

8.71%

2007-09-28

11.09%

2007-06-29

11.05%

2007-03-30

11.16%

2006-12-31

11.31%

2006-09-29

11.28%

2006-06-30

10.74%

2006-03-31

13.11%

2005-12-31

12.99%

2005-09-30

12.81%

2005-07-01

12.70%

2005-04-01

12.07%

2004-12-31

11.61%

2004-10-01

11.74%

2004-07-02

11.16%

2004-04-02

10.67%

2003-12-31

10.31%

2003-09-26

9.97%

2003-06-27

9.69%

Return on Invested Capital (ROIC): 5.03%

DHR Return on Invested Capital (ROIC)

DHR Average Return on Invested Capital (ROIC) Chart

DHR Current vs Average Return on Invested Capital (ROIC) Chart

DHR Return on Invested Capital (ROIC) Metrics

DHR Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

DHR Return on Invested Capital (ROIC) History

Related Metrics