DHR Danaher PE ratio, current and historical analysis
- Stocks
- Healthcare
- NYSE: DHR
- PE Ratio
As of Jun 5, 2025, the DHR stock has a PE ratio of 37.02. The calculation is based on the latest EPS of $5.19 and the stock price of $192.15 per share. A decrease of 17% has been observed in the PE ratio compared to its average of 44.7 of the past four quarters.
DHR PE ratio history
The mean historical PE ratio of Danaher over the last ten years is 31.82. The current 37.02 price-to-earnings ratio is 16% more than the historical average. Analyzing the last ten years, DHR's PE ratio reached its highest point in the Sep 2024 quarter at 52.07, with a price of $275.44 and an EPS of $5.29. The Oct 2015 quarter saw the lowest point at 18.17, with a price of $86.66 and an EPS of $4.77.
Danaher PE ratio by year
Maximum annual increase: 36.88% in 2019
Maximum annual decrease: -27.83% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 43.07 | 19.91% | $229.55 | $5.33 |
| 2023 | 35.92 | 32.64% | $231.34 | $6.44 |
| 2022 | 27.08 | -27.83% | $265.42 | $9.8 |
| 2021 | 37.52 | -16.06% | $329.01 | $8.77 |
| 2020 | 44.7 | 19.71% | $222.14 | $4.97 |
| 2019 | 37.34 | 36.88% | $153.48 | $4.11 |
| 2018 | 27.28 | 5.21% | $103.12 | $3.78 |
| 2017 | 25.93 | 22.95% | $92.82 | $3.58 |
| 2016 | 21.09 | 9.22% | $77.84 | $3.69 |
| 2015 | 19.31 | -16.62% | $92.88 | $4.81 |
| 2014 | 23.16 | 16.09% | $85.71 | $3.7 |
| 2013 | 19.95 | 23.15% | $77.2 | $3.87 |
| 2012 | 16.2 | 10.58% | $55.9 | $3.45 |
| 2011 | 14.65 | -14.92% | $47.04 | $3.21 |
| 2010 | 17.22 | -17.57% | $47.17 | $2.74 |
Danaher PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 39.66 | -7.92% | $205.85 | $5.19 |
| Dec 2024 | 43.07 | -17.28% | $229.55 | $5.33 |
| Sep 2024 | 52.07 | 18.58% | $275.44 | $5.29 |
| Jun 2024 | 43.91 | 4.8% | $249.85 | $5.69 |
| Mar 2024 | 41.9 | 16.65% | $249.72 | $5.96 |
| Dec 2023 | 35.92 | 16.25% | $231.34 | $6.44 |
| Sep 2023 | 30.9 | 11.11% | $248.1 | $8.03 |
| Jun 2023 | 27.81 | 3.85% | $240 | $8.63 |
| Mar 2023 | 26.78 | -1.11% | $252.04 | $9.41 |
| Dec 2022 | 27.08 | -3.56% | $265.42 | $9.8 |
| Sep 2022 | 28.08 | -6.09% | $258.29 | $9.2 |
| Jul 2022 | 29.9 | -9.89% | $258.05 | $8.63 |
| Apr 2022 | 33.18 | -11.57% | $291.69 | $8.79 |
| Dec 2021 | 37.52 | -0.48% | $329.01 | $8.77 |
| Oct 2021 | 37.7 | 5.1% | $302.32 | $8.02 |
DHR Price vs fair value
DHR average PE ratio chart
The current PE ratio of DHR is above its 3, 5 and 10-year averages.
DHR PE vs peers
When compared to its peers GE and BRKR, DHR's PE ratio is lower, but it is higher than TMO's and HON's. Danaher is currently trading at a higher PE ratio (37.02) than its peers average of 33.08.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MMM 3M Co | 18.37 | $78.71B |
| TMO Thermo Fisher Scientific Inc | 23.31 | $150.38B |
| HON Honeywell International Inc | 25.91 | $145.68B |
| A Agilent Technologies Inc | 28 | $32.37B |
| AME Ametek Inc | 28.91 | $40.85B |
| EMR Emerson Electric Co | 29.1 | $68.91B |
| ALGN Align Technology Inc | 32.77 | $13.07B |
| DHR Danaher Corp | 37.02 | $137.52B |
| GE General Electric Co | 38.88 | $268.64B |
| BRKR Bruker Corp | 72.48 | $5.71B |
Frequently asked questions
What is Danaher's PE ratio?
DHR's price to earnings ratio is 37.02 as of Jun 5, 2025.
What is the 3-year average PE ratio for Danaher (DHR)?
Over the last 3 years, the average PE ratio for DHR stock is 35.59.
What is the 5-year average PE ratio for Danaher (DHR)?
Over the last 5 years, the average PE ratio for DHR stock is 36.55.
What is the highest PE ratio for DHR?
Over the last ten years, the Sep 2024 quarter recorded the highest quarterly PE ratio at 52.07.
How does the current PE ratio for DHR compare to its historical average?
DHR's current price to earnings ratio is 16% above its 10-year historical average.
How is DHR's PE ratio calculated (Danaher PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Jun 5, 2025), Danaher's share price is $192.15. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $5.19. Therefore, Danaher's price to earnings ratio for today is 37.02. PE RATIO(37.02) = STOCK PRICE($192.15) / TTM EPS($5.19)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.