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Jul 01, 2022

Danaher Q2 2022 Earnings Report

Reported strong results, driven by high-single digit core revenue growth, double-digit adjusted earnings per share growth and $2.0 billion of operating cash flow.

Key Takeaways

Danaher Corporation announced its second quarter 2022 results, with net earnings of $1.7 billion, or $2.25 per diluted common share. Revenues increased 7.5% year-over-year to $7.8 billion. Non-GAAP core revenue growth was 9.5%, including 8.0% non-GAAP base business core revenue growth.

Net earnings were $1.7 billion, or $2.25 per diluted common share.

Non-GAAP adjusted diluted net earnings per common share were $2.76.

Revenues increased 7.5% year-over-year to $7.8 billion.

Non-GAAP core revenue growth was 9.5%.

Total Revenue
$7.75B
Previous year: $7.22B
+7.4%
EPS
$2.76
Previous year: $2.46
+12.2%
Core Sales Growth
9.5%
Previous year: 31.5%
-69.8%
Gross Profit
$4.72B
Previous year: $4.4B
+7.4%
Cash and Equivalents
$3.98B
Previous year: $7.32B
-45.6%
Free Cash Flow
$1.71B
Previous year: $1.82B
-5.8%
Total Assets
$81.8B
Previous year: $78B
+4.8%

Danaher

Danaher

Forward Guidance

The Company anticipates that non-GAAP base business core revenue growth will be in the high-single digit percent range for the third quarter 2022 and continues to expect non-GAAP base business core revenue growth will be in the high-single digit percent range for the full year 2022.