ETR/DAP (ETR/DAP)

Deutsche Börse Xetra: ETR/DAP · EUR

€210

+2.31 (+1.1%)· Recorded snapshot

Market cap	146.5B
Revenue (ttm)	22.5B
Net income (ttm)	3.8B
EPS (ttm)	€5.47
P/E (trailing)	38.4x
P/E (forward)	25.4x
Dividend	€1.28 (0.61%)
Volume	667
Beta	0.80

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 22.5B
Net income (ttm): 3.8B
EPS (ttm): €5.47
P/E (trailing): 38.4x
P/E (forward): 25.4x
Market cap: 146.5B

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E25.4

P25 n/aP50 n/aP75 n/a

Trailing P/E38.4

P25 n/aP50 n/aP75 n/a

ROE8.2

P25 n/aP50 n/aP75 n/a

ROIC6.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

S&P 500+0.5%

Nasdaq Composite-2.4%

Dow Jones Industrial Average+1.8%

Russell 2000+1.8%

All ETR/DAP indicators

Market & fundamental data

Available fields

258

Groups with data

Currency

USD

Showing 258 of 258 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	EUR
Country	United States
Country code	DE
Earnings date	2026-10-21
Employees	60,000
Employees change	-3,000
Employees growth	-4.76%
Enterprise value	EUR 166.3B
Exchange	Deutsche Börse Xetra
Financial currency	USD
Financial report date	2026-09-25
First seen	2026-05-10
Fiscal year end	December
Founded	1969
Industry	Diagnostics & Research
Is primary listing	No
ISIN number	US2358511028
Last earnings date	2026-10-21
Last refreshed	2026-10-28
Last stock split date	2010-06-14
Last stock split type	Forward
Market cap	EUR 146.5B
Price	EUR 210.10
Price currency	EUR
Sector	Healthcare
SIC code	3826
Stock price date	2026-10-28
Symbol	etr/DAP
Website	https://www.danaher.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Average P/E ratio (10Y)	34.56x
Average P/E ratio (3Y)	40.42x
Average P/E ratio (5Y)	36.35x
Earnings yield	2.61%
EV/Earnings	43.77x
EV/EBIT	32.94x
EV/EBITDA	21.59x
EV/FCF	33.1x
EV/Sales	7.24x
FCF / EV yield	3.02%
FCF yield	3.43%
Forward P/E	25.4x
Graham number	90.98483
Graham upside	-56.69%
Lynch fair value	EUR 27.25
Lynch upside	-87.03%
P/(FCF - SBC) ratio	30.93x
P/(OCF - SBC) ratio	25.56x
P/B ratio	3.11x
P/E ratio	38.38x
P/FCF ratio	29.15x
P/OCF ratio	24.34x
P/S ratio	6.52x
Price/EBITDA ratio	20.22x
Sector forward P/E	14.8x
Sector P/E	39.91x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	21.97%
EBITDA margin	32.24%
Effective tax rate	10.98%
FCF margin	21.88%
Gross margin	59.36%
Operating margin	21.97%
Pretax margin	18.81%
Profit margin	16.91%
Profit per employee	EUR 64,414
Profitable quarters	98
Profitable years	41
Revenue per employee	EUR 380,865
ROA	4.06%
ROA (5Y)	4.66%
ROCE	6.68%
ROE	8.19%
ROE (5Y)	9.78%
ROIC	6.6%
ROIC (5Y)	8.05%
SBC / revenue	1.28%
Tax / revenue	2.07%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	25.42%
EPS growth (Q)	37.77%
EPS growth (QoQ)	42.25%
EPS growth 10Y	5.5%
EPS growth 3Y	-8.35%
EPS growth 5Y	-4.99%
EPS growth quarters	5
EPS growth years	0
FCF growth	14.15%
FCF growth 3Y	-5.76%
FCF growth 5Y	-4.09%
Gross profit growth	5.11%
Gross profit growth (Q)	12.77%
Gross profit growth 3Y	6.93%
Gross profit growth 5Y	-2.4%
Net income growth	23.64%
Net income growth (Q)	36.01%
Net income growth (QoQ)	41.95%
Net income growth 3Y	-9.66%
Net income growth 5Y	-5.42%
Net income growth quarters	5
Net income growth years	0
OCF growth	8.56%
OCF growth 10Y	5.27%
OCF growth 3Y	-5.34%
OCF growth 5Y	-3.62%
Operating income growth	7.1%
Operating income growth (Q)	10.27%
Operating income growth 3Y	3.87%
Operating income growth 5Y	-6.08%
Revenue growth	5.52%
Revenue growth (Q)	8.28%
Revenue growth (QoQ)	4.61%
Revenue growth 10Y	4.42%
Revenue growth 3Y	6.79%
Revenue growth 5Y	-1.82%
Revenue growth quarters	6
Revenue growth years	1

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	EUR -993.3M
Depreciation and amortization	EUR 2.4B
EBIT	EUR 4.9B
EBITDA	EUR 7.2B
EPS	EUR 5.47
Financing cash flow	EUR 7.4B
Free cash flow	EUR 5B
Free cash flow minus SBC	EUR 4.7B
Gross profit	EUR 13.3B
Income taxes	EUR 464.2M
Investing cash flow	EUR -9.7B
Net borrowing	EUR 9.2B
Net cash flow	EUR 3.6B
Net income	EUR 3.8B
Operating cash flow minus SBC	EUR 5.7B
Operating income	EUR 4.9B
Revenue	EUR 22.5B
Stock-based compensation	EUR 288.7M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	3.47
Book value per share	EUR 66.89
Debt / EBITDA	3.24
Debt / equity	0.52
Debt / FCF	4.85
Goodwill	EUR 42.4B
Interest coverage	15.63
Long-term assets	EUR 68.6B
Long-term liabilities	EUR 26.7B
Net cash (debt)	EUR -19.4B
Net cash / market cap	-13.24%
Net debt / EBITDA	2.68
Net debt / equity	0.41
Net debt / FCF	3.86
Piotroski F-Score	5
Property, plant and equipment	EUR 6.3B
Shareholders' equity	EUR 47.1B
Tangible book value	EUR -12.9B
Tangible book value per share	EUR -18.40
Total assets	EUR 81.9B
Total cash	EUR 5B
Total debt	EUR 24.4B
Total liabilities	EUR 34.8B
WACC	7.57%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.3
Current assets	EUR 13.3B
Current liabilities	EUR 8.1B
Current ratio	1.63
Inventory turnover	3.58
Net working capital	EUR 1.9B
Quick ratio	1.19
Working capital	EUR 5B
Working capital turnover	4.98

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	1.6%
Dividend growth	23.29%
Dividend growth (10Y)	10.13%
Dividend growth (3Y)	12.67%
Dividend growth (5Y)	13.49%
Dividend growth years	8
Dividend payment date	2026-10-30
Dividend payment years	27
Dividend payout frequency	Quarterly
Dividend per share	EUR 1.28
Dividend yield	0.61%
Ex-dividend date	2026-09-30
Last dividend	EUR 0.40
Payout ratio	23.46%
Shareholder yield	2.21%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y price change	191.04%
10Y return CAGR	13.16%
10Y total return	244.28%
150-day SMA	EUR 171.62
15Y price change	518.67%
15Y return CAGR	14.34%
15Y total return	646.37%
1D price change	1.11%
1M price change	7.03%
1M total return	7.22%
1W price change	5%
1W total return	5%
1Y price change	10.81%
1Y return CAGR	11.64%
1Y total return	11.63%
20-day SMA	EUR 200.24
200-day SMA	EUR 173.34
20Y price change	642.14%
20Y return CAGR	11.63%
20Y total return	803.11%
3M price change	23.73%
3M total return	23.96%
3Y price change	16.69%
3Y return CAGR	5.9%
3Y total return	18.77%
50-day SMA	EUR 190.97
50-day SMA vs 200-day SMA	50over200
52-week high	EUR 213.60
52-week high date	2026-10-28
52-week low	EUR 138.20
52-week low date	2026-05-18
5Y price change	-20.6%
5Y return CAGR	-1.69%
5Y total return	-8.16%
6M price change	36.47%
6M total return	37%
All-time high	EUR 299.60
All-time high date	2022-08-16
All-time low	EUR 16.50
All-time low date	2002-08-22
Average true range (ATR)	EUR 5.28
Average volume	498.8
Beta (5Y)	0.8
Change from 52-week high	-1.64%
Change from 52-week low	52.03%
Change from all-time high	-29.87%
Change from all-time low	1,173.33%
Change from open	1.2%
Day's gap	-0.1%
Dollar volume	EUR 140,137
High price	EUR 213.60
Low price	EUR 207.00
Monthly RSI	57.77
Open price	EUR 207.60
Position in 52-week range	46.97%
Previous close	EUR 207.80
Price vs 150-day SMA	22.42%
Price vs 20-day SMA	4.92%
Price vs 200-day SMA	21.21%
Price vs 50-day SMA	10.02%
Relative volume	1.34
RSI	65.66
Sharpe ratio	0.43
Sharpe ratio (3Y)	0.17
Sharpe ratio (5Y)	-0.09
Sortino ratio	0.76
Sortino ratio (3Y)	0.45
Sortino ratio (5Y)	0.08
Volume	667
Weekly RSI	67.43
YTD price change	7.29%
YTD total return	7.94%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	626.3M
Shares change (QoQ)	-0.11%
Shares change (YoY)	-1.6%
Shares held by insiders	10.86%
Shares held by institutions	83.38%
Short ratio	1.9 days

Deeper analysis on ETR/DAP

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Scorecard

Six-factor overlay and 9-category weighted scorecard.

→

Recommendation

Final action, action steps, opportunity, and biggest risk.

→

Perspectives

Growth, value, and income investor reads.

→

Frequently asked questions

About this ETR/DAP report

Is a complete ETR/DAP research report available?

No complete published report is available for etr/DAP (ETR/DAP) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Market cap

146.5B

Revenue (ttm)

22.5B

Net income (ttm)

3.8B

EPS (ttm)

€5.47

P/E (trailing)

38.4x

P/E (forward)

25.4x

Dividend

€1.28 (0.61%)

Volume

667

Beta

0.80

Metric

Value

Amount currency

EUR

Country

United States

Country code

Earnings date

2026-10-21

Employees

60,000

Employees change

-3,000

Employees growth

-4.76%

Enterprise value

EUR 166.3B

Exchange

Deutsche Börse Xetra

Financial currency

USD

Financial report date

2026-09-25

First seen

2026-05-10

Fiscal year end

December

Founded

1969

Industry

Diagnostics & Research

Is primary listing

ISIN number

US2358511028

Last earnings date

2026-10-21

Last refreshed

2026-10-28

Last stock split date

2010-06-14

Last stock split type

Forward

Market cap

EUR 146.5B

Price

EUR 210.10

Price currency

EUR

Sector

Healthcare

SIC code

3826

Stock price date

2026-10-28

Symbol

etr/DAP

Website

https://www.danaher.com

Metric

Value

Average P/E ratio (10Y)

34.56x

Average P/E ratio (3Y)

40.42x

Average P/E ratio (5Y)

36.35x

Earnings yield

2.61%

EV/Earnings

43.77x

EV/EBIT

32.94x

EV/EBITDA

21.59x

EV/FCF

33.1x

EV/Sales

7.24x

FCF / EV yield

3.02%

FCF yield

3.43%

Forward P/E

25.4x

Graham number

90.98483

Graham upside

-56.69%

Lynch fair value

EUR 27.25

Lynch upside

-87.03%

P/(FCF - SBC) ratio

30.93x

P/(OCF - SBC) ratio

25.56x

P/B ratio

3.11x

P/E ratio

38.38x

P/FCF ratio

29.15x

P/OCF ratio

24.34x

P/S ratio

6.52x

Price/EBITDA ratio

20.22x

Sector forward P/E

14.8x

Sector P/E

39.91x

Metric

Value

EBIT margin

21.97%

EBITDA margin

32.24%

Effective tax rate

10.98%

FCF margin

21.88%

Gross margin

59.36%

Operating margin

21.97%

Pretax margin

18.81%

Profit margin

16.91%

Profit per employee

EUR 64,414

Profitable quarters

Profitable years

Revenue per employee

EUR 380,865

ROA

4.06%

ROA (5Y)

4.66%

ROCE

6.68%

ROE

8.19%

ROE (5Y)

9.78%

ROIC

6.6%

ROIC (5Y)

8.05%

SBC / revenue

1.28%

Tax / revenue

2.07%

Metric

Value

EPS growth

25.42%

EPS growth (Q)

37.77%

EPS growth (QoQ)

42.25%

EPS growth 10Y

5.5%

EPS growth 3Y

-8.35%

EPS growth 5Y

-4.99%

EPS growth quarters

EPS growth years

FCF growth

14.15%

FCF growth 3Y

-5.76%

FCF growth 5Y

-4.09%

Gross profit growth

5.11%

Gross profit growth (Q)

12.77%

Gross profit growth 3Y

6.93%

Gross profit growth 5Y

-2.4%

Net income growth

23.64%

Net income growth (Q)

36.01%

Net income growth (QoQ)

41.95%

Net income growth 3Y

-9.66%

Net income growth 5Y

-5.42%

Net income growth quarters

Net income growth years

OCF growth

8.56%

OCF growth 10Y

5.27%

OCF growth 3Y

-5.34%

OCF growth 5Y

-3.62%

Operating income growth

7.1%

Operating income growth (Q)

10.27%

Operating income growth 3Y

3.87%

Operating income growth 5Y

-6.08%

Revenue growth

5.52%

Revenue growth (Q)

8.28%

Revenue growth (QoQ)

4.61%

Revenue growth 10Y

4.42%

Revenue growth 3Y

6.79%

Revenue growth 5Y

-1.82%

Revenue growth quarters

Revenue growth years

Metric

Value

Capital expenditures

EUR -993.3M

Depreciation and amortization

EUR 2.4B

EBIT

EUR 4.9B

EBITDA

EUR 7.2B

EPS

EUR 5.47

Financing cash flow

EUR 7.4B

Free cash flow

EUR 5B

Free cash flow minus SBC

EUR 4.7B

Gross profit

EUR 13.3B

Income taxes

EUR 464.2M

Investing cash flow

EUR -9.7B

Net borrowing

EUR 9.2B

Net cash flow

EUR 3.6B

Net income

EUR 3.8B

Operating cash flow minus SBC

EUR 5.7B

Operating income

EUR 4.9B

Revenue

EUR 22.5B

Stock-based compensation

EUR 288.7M

Metric

Value

Altman Z-Score

3.47

Book value per share

EUR 66.89

Debt / EBITDA

3.24

Debt / equity

0.52

Debt / FCF

4.85

Goodwill

EUR 42.4B

Interest coverage

15.63

Long-term assets

EUR 68.6B

Long-term liabilities

EUR 26.7B

Net cash (debt)

EUR -19.4B

Net cash / market cap

-13.24%

Net debt / EBITDA

2.68

Net debt / equity

0.41

Net debt / FCF

3.86

Piotroski F-Score

Property, plant and equipment

EUR 6.3B

Shareholders' equity

EUR 47.1B

Tangible book value

EUR -12.9B

Tangible book value per share

EUR -18.40

Total assets

EUR 81.9B

Total cash

EUR 5B

Total debt

EUR 24.4B

Total liabilities

EUR 34.8B

WACC

7.57%

Metric

Value

Asset turnover

0.3

Current assets

EUR 13.3B

Current liabilities

EUR 8.1B

Current ratio

1.63

Inventory turnover

3.58

Net working capital

EUR 1.9B

Quick ratio

1.19

Working capital

EUR 5B

Working capital turnover

4.98

Metric

Value

Buyback yield / dilution

1.6%

Dividend growth

23.29%

Dividend growth (10Y)

10.13%

Dividend growth (3Y)

12.67%

Dividend growth (5Y)

13.49%

Dividend growth years

Dividend payment date

2026-10-30

Dividend payment years

Dividend payout frequency

Quarterly

Dividend per share

EUR 1.28

Dividend yield

0.61%

Ex-dividend date

2026-09-30

Last dividend

EUR 0.40

Payout ratio

23.46%

Shareholder yield

2.21%

Metric

Value

10Y price change

191.04%

10Y return CAGR

13.16%

10Y total return

244.28%

150-day SMA

EUR 171.62

15Y price change

518.67%

15Y return CAGR

14.34%

15Y total return

646.37%

1D price change

1.11%

1M price change

7.03%

1M total return

7.22%

1W price change

1W total return

1Y price change

10.81%

1Y return CAGR

11.64%

1Y total return

11.63%

20-day SMA

EUR 200.24

200-day SMA

EUR 173.34

20Y price change

642.14%

20Y return CAGR

11.63%

20Y total return

803.11%

3M price change

23.73%

3M total return

23.96%

3Y price change

16.69%

3Y return CAGR

5.9%

3Y total return

18.77%

50-day SMA

EUR 190.97

50-day SMA vs 200-day SMA

50over200

52-week high

EUR 213.60

52-week high date

2026-10-28

52-week low

EUR 138.20

52-week low date

2026-05-18

5Y price change

-20.6%

5Y return CAGR

-1.69%

5Y total return

-8.16%

6M price change

36.47%

6M total return

37%

All-time high

EUR 299.60

All-time high date

2022-08-16

All-time low

EUR 16.50

All-time low date

2002-08-22

Average true range (ATR)

EUR 5.28

Average volume

498.8

Beta (5Y)

0.8

Change from 52-week high

-1.64%

Change from 52-week low

52.03%

Change from all-time high

-29.87%

Change from all-time low

1,173.33%

Change from open

1.2%

Day's gap

-0.1%

Dollar volume

EUR 140,137

High price

EUR 213.60

Low price

EUR 207.00

Monthly RSI

57.77

Open price

EUR 207.60

Position in 52-week range

46.97%

Previous close

EUR 207.80

Price vs 150-day SMA

22.42%

Price vs 20-day SMA

4.92%

Price vs 200-day SMA

21.21%

Price vs 50-day SMA

10.02%

Relative volume

1.34

RSI

65.66

Sharpe ratio

0.43

Sharpe ratio (3Y)

0.17

Sharpe ratio (5Y)

-0.09

Sortino ratio

0.76

Sortino ratio (3Y)

0.45

Sortino ratio (5Y)

0.08

Volume

667

Weekly RSI

67.43

YTD price change

7.29%

YTD total return

7.94%

Metric

Value

Float

626.3M

Shares change (QoQ)

-0.11%

Shares change (YoY)

-1.6%

Shares held by insiders

10.86%

Shares held by institutions

83.38%

Short ratio

1.9 days

ETR/DAP (ETR/DAP)

Price

Financial snapshot

Fair-value bridge

Latest news · ETR/DAP

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All ETR/DAP indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on ETR/DAP

Frequently asked questions

ETR/DAP (ETR/DAP)

Price

Financial snapshot

Fair-value bridge

Latest news · ETR/DAP

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All ETR/DAP indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on ETR/DAP

Frequently asked questions