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Dec 31, 2021

Danaher Q4 2021 Earnings Report

Reported a revenue increase of 20.5% year-over-year and non-GAAP core revenue growth of 19.5%.

Key Takeaways

Danaher Corporation reported a strong fourth quarter and full year 2021. For the quarter ended December 31, 2021, revenues increased 20.5% year-over-year to $8.1 billion, with 19.5% non-GAAP core revenue growth. Net earnings were $1.8 billion, or $2.39 per diluted common share. Non-GAAP adjusted diluted net earnings per common share were $2.69.

Revenues increased 20.5% year-over-year to $8.1 billion.

Non-GAAP core revenue growth was 19.5%.

Net earnings were $1.8 billion, or $2.39 per diluted common share.

Non-GAAP adjusted diluted net earnings per common share were $2.69.

Total Revenue
$8.15B
Previous year: $6.76B
+20.5%
EPS
$2.69
Previous year: $2.08
+29.3%
Core Sales Growth
19.5%
Previous year: 15.5%
+25.8%
Gross Profit
$4.94B
Previous year: $3.95B
+25.0%
Cash and Equivalents
$2.59B
Previous year: $6.04B
-57.1%
Free Cash Flow
$1.91B
Previous year: $5.43B
-64.7%
Total Assets
$83.2B
Previous year: $76.2B
+9.2%

Danaher

Danaher

Danaher Revenue by Segment

Forward Guidance

For both the first quarter and full year 2022, the Company anticipates that non-GAAP core revenue growth in the base business will be in the high-single digit percent range.

Revenue & Expenses

Visualization of income flow from segment revenue to net income