Danaher Corporation (DHR) — Capital Reinvestment Ratio
Danaher Corporation (DHR) has a Capital Reinvestment Ratio of 0.18x as of September 2025, meaning it reinvests 0% of its operating cash flow ($1.66 Billion) in capital expenditures ($292.00 Million). Check DHR tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Danaher Corporation Capital Reinvestment Ratio (1990–2024)
This chart tracks Danaher Corporation's Capital Reinvestment Ratio across 35 annual periods. For the full cash flow conversion analysis, see how efficiently does Danaher Corporation generate cash.
Annual Capital Reinvestment Ratio for Danaher Corporation (1990–2024)
Year-by-year Capital Reinvestment Ratio for Danaher Corporation from 1990 to 2024. See Danaher Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.21x | $6.69 Billion | $1.39 Billion | ▲ +7.8% |
| 2023 | 0.19x | $7.16 Billion | $1.38 Billion | ▲ +42.8% |
| 2022 | 0.14x | $8.52 Billion | $1.15 Billion | ▼ -12.7% |
| 2021 | 0.15x | $8.36 Billion | $1.29 Billion | ▲ +21.5% |
| 2020 | 0.13x | $6.21 Billion | $791.00 Million | ▼ -20.8% |
| 2019 | 0.16x | $3.95 Billion | $635.50 Million | ▲ +10.8% |
| 2018 | 0.15x | $4.02 Billion | $584.00 Million | ▼ -11.5% |
| 2017 | 0.16x | $3.48 Billion | $570.70 Million | ▼ -2.0% |
| 2016 | 0.17x | $3.52 Billion | $589.60 Million | ▲ +24.1% |
| 2015 | 0.13x | $3.80 Billion | $512.90 Million | ▲ +8.9% |
| 2014 | 0.12x | $3.76 Billion | $465.40 Million | ▼ -17.5% |
| 2013 | 0.15x | $3.59 Billion | $538.10 Million | ▲ +11.8% |
| 2012 | 0.13x | $3.42 Billion | $458.30 Million | ▲ +5.4% |
| 2011 | 0.13x | $2.63 Billion | $334.47 Million | ▲ +22.1% |
| 2010 | 0.10x | $2.08 Billion | $217.33 Million | ▼ -0.4% |
| 2009 | 0.10x | $1.80 Billion | $188.55 Million | ▲ +0.4% |
| 2008 | 0.10x | $1.86 Billion | $193.78 Million | ▲ +5.9% |
| 2007 | 0.10x | $1.65 Billion | $162.07 Million | ▲ +10.6% |
| 2006 | 0.09x | $1.55 Billion | $137.71 Million | ▼ -11.6% |
| 2005 | 0.10x | $1.20 Billion | $121.21 Million | ▼ -10.2% |
| 2004 | 0.11x | $1.03 Billion | $115.91 Million | ▲ +20.3% |
| 2003 | 0.09x | $861.54 Million | $80.34 Million | ▲ +1.2% |
| 2002 | 0.09x | $710.35 Million | $65.43 Million | ▼ -30.5% |
| 2001 | 0.13x | $608.47 Million | $80.58 Million | ▼ -23.3% |
| 2000 | 0.17x | $512.25 Million | $88.50 Million | ▼ -52.9% |
| 1999 | 0.37x | $419.10 Million | $153.70 Million | ▼ -80.3% |
| 1998 | 1.86x | $331.30 Million | $616.00 Million | ▲ +724.3% |
| 1997 | 0.23x | $278.40 Million | $62.80 Million | ▼ -4.5% |
| 1996 | 0.24x | $217.10 Million | $51.30 Million | ▼ -30.5% |
| 1995 | 0.34x | $174.20 Million | $59.20 Million | ▼ -10.0% |
| 1994 | 0.38x | $144.40 Million | $54.50 Million | ▲ +27.2% |
| 1993 | 0.30x | $135.80 Million | $40.30 Million | ▼ -36.2% |
| 1992 | 0.47x | $72.90 Million | $33.90 Million | ▼ -53.5% |
| 1991 | 1.00x | $41.80 Million | $41.80 Million | ▲ +112.1% |
| 1990 | 0.47x | $70.00 Million | $33.00 Million | — |