DANAHER CORPORATION (DHR) Spending and interest coverage
- R&D / revenue · 12 months: Value 6.43%; Formula and calculation Research and development expense / revenue. Period ending 2026-06-26..
- Stock-based compensation / revenue · 12 months: Value 1.18%; Formula and calculation Share-based compensation / revenue. Period ending 2026-06-26..
- Interest coverage · 12 months: Value (m); Formula and calculation Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified..
Spending and interest coverage
Overview →Financial period ending 2026-06-26; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| R&D / revenue · 12 months | 6.43% | Research and development expense / revenue. Period ending 2026-06-26. $1.61B ÷ $25.11B × 100 ≈ 6.43% |
| Stock-based compensation / revenue · 12 months | 1.18% | Share-based compensation / revenue. Period ending 2026-06-26. $297.00M ÷ $25.11B × 100 ≈ 1.18% |
| Interest coverage · 12 months | (m) | Estimated: average term debt × dated USD coupon proxy + average commercial paper × matching-currency disclosed rate at or before period end. Swaps, foreign-exchange, lease interest and amortization are not quantified. Calculation unavailable: missing inputs remain (m). |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Research and development spending | 1.61B USD | Research and Development Expense |
| Revenue | 25.11B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Stock-based compensation | 297.00M USD | Share-based Payment Arrangement, Noncash Expense |
| Operating income | 5.13B USD | Operating Income (Loss) |
| Interest expense · reported / estimated | (m) | Interest Expense · Estimated expense assumptions |
Latest interest expense basis: (m). Estimated values carry *; expand each history row’s basis for its dated balances and rate assumptions.
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Research and development spending (USD) | Revenue (USD) | Stock-based compensation (USD) | Operating income (USD) | Interest expense · reported / estimated (USD) | R&D / revenue | SBC / revenue | Interest coverage | Interest expense basis |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-26 | $1.61B | $25.11B | $297.00M | $5.13B | (m) | 6.43% | 1.18% | (m) | (m) |
| 2026-03-27 | $1.61B | $24.78B | $295.00M | $4.76B | (m) | 6.48% | 1.19% | (m) | (m) |
| 2025-12-31 | $1.60B | $24.57B | $298.00M | $4.69B | (m) | 6.50% | 1.21% | (m) | (m) |
| 2025-09-26 | $1.60B | $24.27B | $292.00M | $4.61B | (m) | 6.60% | 1.20% | (m) | (m) |
| 2025-06-27 | $1.61B | $24.01B | $293.00M | $4.42B | (m) | 6.69% | 1.22% | (m) | (m) |
| 2025-03-28 | $1.59B | $23.82B | $289.00M | $4.83B | (m) | 6.70% | 1.21% | (m) | (m) |
| 2024-12-31 | $1.58B | $23.88B | $288.00M | $4.86B | (m) | 6.63% | 1.21% | (m) | (m) |
| 2024-09-27 | $1.55B | $23.74B | $292.00M | $4.78B | (m) | 6.52% | 1.23% | (m) | (m) |
| 2024-06-28 | $1.53B | $23.57B | $287.00M | $5.00B | (m) | 6.48% | 1.22% | (m) | (m) |
| 2024-03-29 | $1.50B | $23.74B | $296.00M | $5.00B | $285.00M | 6.31% | 1.25% | 17.53× | Reported |
| 2023-12-31 | $1.50B | $23.89B | $306.00M | $5.20B | $286.00M | 6.29% | 1.28% | 18.19× | Reported |
| 2023-09-29 | $1.72B | $29.57B | $346.00M | $6.96B | $272.00M | 5.81% | 1.17% | 25.58× | Reported |
| 2023-06-30 | $1.72B | $30.36B | $343.00M | $7.53B | $241.00M | 5.67% | 1.13% | 31.26× | Reported |
| 2023-03-31 | $1.73B | $30.95B | $335.00M | $8.31B | $225.00M | 5.60% | 1.08% | 36.93× | Reported |
| 2022-12-31 | $1.75B | $31.47B | $336.00M | $8.69B | $211.00M | 5.54% | 1.07% | 41.18× | Reported |
| 2022-09-30 | $1.79B | $31.25B | $329.00M | $8.55B | $203.00M | 5.72% | 1.05% | 42.10× | Reported |
| 2022-07-01 | $1.81B | $30.82B | $292.00M | $7.84B | $223.00M | 5.87% | 0.95% | 35.16× | Reported |
| 2022-04-01 | $1.80B | $30.28B | $244.00M | $7.64B | $234.00M | 5.95% | 0.81% | 32.65× | Reported |
| 2021-12-31 | $1.74B | $29.45B | $218.00M | $7.46B | $238.00M | 5.91% | 0.74% | 31.37× | Reported |
| 2021-10-01 | $1.64B | $28.07B | $209.00M | $6.91B | $254.00M | 5.85% | 0.74% | 27.21× | Reported |
| 2021-07-02 | $1.54B | $26.72B | $202.00M | $6.69B | $270.00M | 5.78% | 0.76% | 24.78× | Reported |
| 2021-04-02 | $1.44B | $24.80B | $196.00M | $5.53B | $286.00M | 5.81% | 0.79% | 19.34× | Reported |
| 2020-12-31 | $1.35B | $22.28B | $187.00M | $4.23B | $275.00M | 6.05% | 0.84% | 15.39× | Reported |
| 2020-10-02 | $1.25B | $20.39B | $178.40M | $3.59B | $247.10M | 6.11% | 0.87% | 14.53× | Reported |
| 2020-07-03 | $1.19B | $18.89B | $174.10M | $3.28B | $194.40M | 6.28% | 0.92% | 16.87× | Reported |
| 2020-04-03 | $1.15B | $18.03B | $168.90M | $3.25B | $135.50M | 6.35% | 0.94% | 23.96× | Reported |
| 2019-12-31 | $1.13B | $17.91B | $158.80M | $3.27B | $108.60M | 6.29% | 0.89% | 30.10× | Reported |
| 2019-09-27 | $1.27B | $20.44B | $169.80M | $3.40B | $104.00M | 6.22% | 0.83% | 32.74× | Reported |
| 2019-06-28 | $1.25B | $20.25B | $163.40M | $3.40B | $119.00M | 6.19% | 0.81% | 28.58× | Reported |
| 2019-03-29 | $1.24B | $20.08B | $157.30M | $3.38B | $141.60M | 6.19% | 0.78% | 23.90× | Reported |
| 2018-12-31 | $1.23B | $19.89B | $151.40M | $3.40B | $157.40M | 6.19% | 0.76% | 21.63× | Reported |
| 2018-09-28 | $1.21B | $19.62B | $146.20M | $3.41B | $165.40M | 6.17% | 0.75% | 20.61× | Reported |
| 2018-06-29 | $1.19B | $19.29B | $141.40M | $3.34B | $164.00M | 6.16% | 0.73% | 20.35× | Reported |
| 2018-03-30 | $1.16B | $18.82B | $139.10M | $3.15B | $161.50M | 6.16% | 0.74% | 19.49× | Reported |
| 2017-12-31 | $1.13B | $18.33B | $139.40M | $3.02B | $162.70M | 6.16% | 0.76% | 18.57× | Reported |
| 2017-09-29 | $1.10B | $17.83B | $138.30M | $2.80B | $153.20M | 6.16% | 0.78% | 18.30× | Reported |
| 2017-06-30 | $1.06B | $17.43B | $136.30M | $2.74B | $157.00M | 6.08% | 0.78% | 17.42× | Reported |
| 2017-03-31 | $1.02B | $17.16B | $133.80M | $2.76B | $171.80M | 5.92% | 0.78% | 16.08× | Reported |
| 2016-12-31 | $975.10M | $16.88B | $129.80M | $2.75B | $184.40M | 5.78% | 0.77% | 14.92× | Reported |
| 2016-09-30 | $1.32B | $22.75B | $158.40M | $3.98B | $225.80M | 5.81% | 0.70% | 17.63× | Reported |
| 2016-07-01 | $1.29B | $22.08B | $167.80M | $3.70B | $232.60M | 5.85% | 0.76% | 15.89× | Reported |
| 2016-04-01 | $1.26B | $21.26B | $149.80M | $3.60B | $195.20M | 5.93% | 0.70% | 18.42× | Reported |
| 2015-12-31 | $1.24B | $20.56B | $139.00M | $3.47B | $162.80M | 6.03% | 0.68% | 21.31× | Reported |
| 2015-10-02 | $1.37B | $20.66B | $139.30M | $3.44B | $133.00M | 6.63% | 0.67% | 25.88× | Reported |
| 2015-07-03 | $1.35B | $20.29B | $126.90M | $3.46B | $117.00M | 6.65% | 0.63% | 29.56× | Reported |
| 2015-04-03 | $1.34B | $20.12B | $123.50M | $3.42B | $120.40M | 6.66% | 0.61% | 28.38× | Reported |
| 2014-12-31 | $1.31B | $19.91B | $121.10M | $3.43B | $122.70M | 6.60% | 0.61% | 27.96× | Reported |
| 2014-09-26 | $1.31B | $19.76B | $120.90M | $3.43B | $128.50M | 6.63% | 0.61% | 26.71× | Reported |
| 2014-06-27 | $1.29B | $19.56B | $116.60M | $3.38B | $133.00M | 6.60% | 0.60% | 25.40× | Reported |
| 2014-03-28 | $1.27B | $19.34B | $118.90M | $3.33B | $139.20M | 6.55% | 0.61% | 23.94× | Reported |
| 2013-12-31 | $1.25B | $19.12B | $117.70M | $3.27B | $145.90M | 6.54% | 0.62% | 22.45× | Reported |
| 2013-09-27 | $1.21B | $18.83B | $116.20M | $3.25B | $154.40M | 6.44% | 0.62% | 21.05× | Reported |
| 2013-06-28 | $1.19B | $18.57B | $115.60M | $3.19B | $158.80M | 6.42% | 0.62% | 20.11× | Reported |
| 2013-03-29 | $1.16B | $18.39B | $114.00M | $3.16B | $157.30M | 6.33% | 0.62% | 20.10× | Reported |
| 2012-12-31 | $1.14B | $18.26B | $109.90M | $3.17B | $157.50M | 6.23% | 0.60% | 20.10× | Reported |
| 2012-09-28 | $1.13B | $18.00B | $103.41M | $3.08B | $154.08M | 6.25% | 0.57% | 20.00× | Reported |
| 2012-06-29 | $1.12B | $18.03B | $100.05M | $2.97B | $157.09M | 6.23% | 0.55% | 18.90× | Reported |
| 2012-03-30 | $1.07B | $17.11B | $96.51M | $2.77B | $150.62M | 6.27% | 0.56% | 18.37× | Reported |
| 2011-12-31 | $1.02B | $16.09B | $95.60M | $2.62B | $141.64M | 6.33% | 0.59% | 18.48× | Reported |
| 2011-09-30 | $957.83M | $15.08B | $93.78M | $2.48B | $133.25M | 6.35% | 0.62% | 18.59× | Reported |
| 2011-07-01 | $864.66M | $13.66B | $93.21M | $2.37B | $121.74M | 6.33% | 0.68% | 19.50× | Reported |
| 2011-04-01 | $820.06M | (m) | $94.42M | (m) | $118.97M | (m) | (m) | (m) | Reported |
| 2010-12-31 | $809.48M | $13.20B | $88.12M | $2.17B | $120.78M | 6.13% | 0.67% | 17.94× | Reported |
| 2010-10-01 | $741.69M | $12.73B | $86.38M | $1.93B | $127.56M | 5.83% | 0.68% | 15.16× | Reported |
| 2010-07-02 | $698.14M | $12.29B | $82.54M | $1.83B | $127.50M | 5.68% | 0.67% | 14.32× | Reported |
| 2010-04-02 | $658.99M | $11.65B | $79.90M | $1.64B | $129.27M | 5.66% | 0.69% | 12.65× | Reported |
| 2009-12-31 | $632.65M | $11.18B | $87.35M | $1.54B | $122.66M | 5.66% | 0.78% | 12.58× | Reported |
| 2009-10-02 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-09-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-07-03 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-06-30 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2009-04-03 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-12-31 | $725.44M | $12.70B | $86.00M | $1.87B | $130.17M | 5.71% | 0.68% | 14.36× | Reported |
| 2008-09-26 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2008-06-27 | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) | (m) |
| 2007-12-31 | $601.42M | $11.03B | $73.35M | $1.74B | $109.70M | 5.45% | 0.67% | 15.87× | Reported |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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