Invesaro

Stocks Comparison

Danaher vs Fortive: revenue, profit, margins and growth compared

Danaher brought in $24.6B of revenue in fiscal 2025, Fortive $4.2B in fiscal 2025. Revenue changed by +2.9% at Danaher and +1.9% at Fortive on the year before, so Danaher grew faster. Danaher kept 14.7% of its revenue as net profit, Fortive 13.9%. Free cash flow was $5.3B at Danaher and $978.1M at Fortive.

Side by side, latest fiscal year

DHRFTV
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$24.6B$4.2B
Revenue growth+2.9%+1.9%
Net income$3.6B$579.2M
Net margin14.7%13.9%
Free cash flow$5.3B$978.1M
Free cash flow margin21.4%23.5%
Earnings per share (diluted)$5.05$1.73
Cash$4.6B$375.5M
Debt$18.4B$3.2B
Price to earnings44.532.4
Market value$157.8B$16.9B
Dividend yieldn/an/a
Rank by revenue in sector#27 of 451 · Industrials#138 of 451 · Industrials

Over the years

Revenue
DHR FY2018: $19.9BDHR FY2019: $17.9BDHR FY2020: $22.3BDHR FY2021: $24.8BDHR FY2022: $26.6BDHR FY2023: $23.9BDHR FY2024: $23.9BDHR FY2025: $24.6BFTV FY2018: $6.5BFTV FY2019: $4.6BFTV FY2020: $4.6BFTV FY2021: $5.3BFTV FY2022: $5.8BFTV FY2023: $3.9BFTV FY2024: $4.1BFTV FY2025: $4.2BFY18FY19FY20FY21FY22FY23FY24FY25
DHR $24.6BFTV $4.2B
Net income
DHR FY2018: $2.7BDHR FY2019: $3BDHR FY2020: $3.6BDHR FY2021: $6.4BDHR FY2022: $7.2BDHR FY2023: $4.8BDHR FY2024: $3.9BDHR FY2025: $3.6BFTV FY2018: $2.9BFTV FY2019: $669.9MFTV FY2020: $1.5BFTV FY2021: $573.9MFTV FY2022: $755.2MFTV FY2023: $865.8MFTV FY2024: $832.9MFTV FY2025: $579.2MFY18FY19FY20FY21FY22FY23FY24FY25
DHR $3.6BFTV $579.2M
Net margin
DHR FY2018: 13.3%DHR FY2019: 16.8%DHR FY2020: 16.4%DHR FY2021: 25.9%DHR FY2022: 27.1%DHR FY2023: 19.9%DHR FY2024: 16.3%DHR FY2025: 14.7%FTV FY2018: 44.6%FTV FY2019: 14.7%FTV FY2020: 33.3%FTV FY2021: 10.9%FTV FY2022: 13.0%FTV FY2023: 22.1%FTV FY2024: 20.4%FTV FY2025: 13.9%FY18FY19FY20FY21FY22FY23FY24FY25
DHR 14.7%FTV 13.9%
Revenue growth
DHR FY2019: -10.0%DHR FY2020: +24.4%DHR FY2021: +11.3%DHR FY2022: +7.4%DHR FY2023: -10.3%DHR FY2024: -0.1%DHR FY2025: +2.9%FTV FY2019: -29.3%FTV FY2020: +1.5%FTV FY2021: +13.4%FTV FY2022: +10.9%FTV FY2023: -32.8%FTV FY2024: +4.3%FTV FY2025: +1.9%FY19FY20FY21FY22FY23FY24FY25
DHR +2.9%FTV +1.9%
Free cash flow
DHR FY2018: $3.4BDHR FY2019: $3.3BDHR FY2020: $5.4BDHR FY2021: $7.1BDHR FY2022: $7.4BDHR FY2023: $5.8BDHR FY2024: $5.3BDHR FY2025: $5.3BFTV FY2018: $1.3BFTV FY2019: $1.2BFTV FY2020: $1.4BFTV FY2021: $911.1MFTV FY2022: $1.2BFTV FY2023: $1.3BFTV FY2024: $1.4BFTV FY2025: $978.1MFY18FY19FY20FY21FY22FY23FY24FY25
DHR $5.3BFTV $978.1M

Fiscal years as each company reports them; the two may end in different months.

Questions about Danaher and Fortive

Which is bigger by revenue, Danaher or Fortive?

Danaher is bigger by revenue: $24.6B in fiscal 2025, against $4.2B for Fortive in fiscal 2025.

Which keeps more of its revenue as profit, Danaher or Fortive?

Danaher had a net margin of 14.7% in fiscal 2025; Fortive had 13.9% in fiscal 2025.

Which grew revenue faster, Danaher or Fortive?

In their latest fiscal years revenue changed by +2.9% at Danaher and +1.9% at Fortive.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies