Danaher Corporation
Income Statement
| Line Item | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $5.74B | $5.80B | $6.41B | $5.62B | $5.91B | $5.95B | $7.13B | $6.46B |
| Cost of Revenue | $2.32B | $2.31B | $2.63B | $2.35B | $2.59B | $2.29B | $1.36B | $3.08B |
| Gross Profit | $3.43B | $3.49B | $3.78B | $3.28B | $3.32B | $3.66B | $4.23B | $3.89B |
| Gross Margin | 59.7% | 60.2% | 59.0% | 58.2% | 56.1% | 61.6% | 59.2% | 60.3% |
| Operating Expenses | ||||||||
| Research & Development | $391.0M | $368.0M | $407.0M | $362.0M | $361.0M | $373.0M | $236.0M | $420.0M |
| SG&A Expense | $1.87B | $1.81B | $2.04B | $1.73B | $1.79B | $1.77B | $798.0M | $2.15B |
| Operating Income | $1.17B | $1.31B | $1.34B | $1.19B | $1.16B | $1.52B | $2.00B | $1.72B |
| Operating Margin | 20.3% | 22.6% | 20.9% | 21.1% | 19.7% | 25.5% | 28.0% | 26.6% |
| Interest Expense | — | $65.0M | $80.0M | $73.0M | $67.0M | $66.0M | $57.0M | $42.0M |
| Pretax Income | $1.08B | $1.27B | $1.23B | $1.15B | $1.14B | $1.52B | $1.05B | $1.93B |
| Income Tax Expense | $176.0M | $183.0M | $111.0M | $207.0M | $222.0M | $283.0M | $-304.0M | $359.0M |
| Net Income | $907.0M | $1.09B | $1.08B | $1.13B | $1.11B | $1.45B | $2.21B | $1.57B |
| Net Margin | 15.8% | 18.8% | 16.8% | 20.1% | 18.7% | 24.4% | 31.0% | 24.4% |
| EPS (Basic) | $1.23 | $1.47 | $1.46 | $1.53 | $1.50 | $1.96 | $3.03 | $2.13 |
| EPS (Diluted) | $1.22 | $1.45 | $1.45 | $1.51 | $1.49 | $1.94 | $2.99 | $2.10 |
| Shares Outstanding (Basic) | 737.6M | 740.6M | 736.5M | 739.4M | 737.3M | 729.4M | 725.1M | 728.5M |
| Shares Outstanding (Diluted) | 742.4M | 748.6M | 743.1M | 745.9M | 744.7M | 737.2M | 737.1M | 737.4M |
| Dividends Per Share | — | — | — | — | — | — | — | — |