•
Dec 31, 2024

Danaher Q4 2024 Earnings Report

Reported fourth quarter and full year results, demonstrating strong finish with better-than-anticipated core revenue across all segments and solid cash flow and operating margin expansion.

Key Takeaways

Danaher Corporation reported a 2.0% increase in revenues to $6.5 billion for the fourth quarter of 2024, with a 1.0% increase in non-GAAP core revenue. Net earnings were $1.1 billion, or $1.49 per diluted common share, while non-GAAP adjusted diluted net earnings per common share were $2.14. The company's operating cash flow was $2.0 billion, and non-GAAP free cash flow was $1.5 billion.

Net earnings reached $1.1 billion, with EPS at $1.49 and non-GAAP adjusted EPS at $2.14.

Revenues increased by 2.0% year-over-year to $6.5 billion, while non-GAAP core revenue increased by 1.0%.

Operating cash flow amounted to $2.0 billion, and non-GAAP free cash flow was $1.5 billion.

The company anticipates non-GAAP core revenue to decline low-single digits year-over-year for the first quarter of 2025 and increase approximately 3% year-over-year for the full year 2025.

Total Revenue
$6.54B
Previous year: $6.41B
+2.1%
EPS
$2.14
Previous year: $2.09
+2.4%
Core Sales Growth
1%
Previous year: -11.5%
-108.7%
Gross Profit
$3.89B
Previous year: $1.62B
+139.7%
Cash and Equivalents
$2.08B
Previous year: $5.86B
-64.6%
Free Cash Flow
$1.5B
Previous year: $1.2B
+25.3%
Total Assets
$77.5B
Previous year: $84.5B
-8.2%

Danaher

Danaher

Danaher Revenue by Segment

Forward Guidance

For the first quarter 2025, the Company anticipates that non-GAAP core revenue will decline low-single digits year-over-year. For full year 2025, the Company expects that non-GAAP core revenue will increase approximately 3% year-over-year.

Revenue & Expenses

Visualization of income flow from segment revenue to net income