Danaher Corporation (DHR) — Cash Flow Reinvestment Rate

Latest as of September 2025: 0.36x

Danaher Corporation (DHR) has a Cash Flow Reinvestment Rate of 0.36x as of September 2025, reinvesting $604.00 Million (capex $292.00 Million plus investments $-312.00 Million) from operating cash flow of $1.66 Billion. See Danaher Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

0.36x
(Capex + Investments) / Operating CF

Total Reinvested

$604.00 Million
Capex + Investments

Operating Cash Flow

$1.66 Billion
USD

Capital Expenditures

$292.00 Million
USD

Danaher Corporation Cash Flow Reinvestment Rate (1990–2024)

Historical reinvestment intensity for Danaher Corporation across 35 annual periods. For the full cash flow conversion analysis, see how efficiently does Danaher Corporation generate cash.

Annual Cash Flow Reinvestment Rate for Danaher Corporation (1990–2024)

Year-by-year capital reinvestment analysis for Danaher Corporation. See Danaher Corporation (DHR) flexibility index to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2024 0.50x $3.37 Billion $6.69 Billion $1.39 Billion ▲ +10.7%
2023 0.46x $3.26 Billion $7.16 Billion $1.38 Billion ▲ +14.6%
2022 0.40x $3.39 Billion $8.52 Billion $1.15 Billion ▲ +58.0%
2021 0.25x $2.10 Billion $8.36 Billion $1.29 Billion ▲ +39.4%
2020 0.18x $1.12 Billion $6.21 Billion $791.00 Million ▼ -18.7%
2019 0.22x $876.50 Million $3.95 Billion $635.50 Million ▲ +25.5%
2018 0.18x $710.70 Million $4.02 Billion $584.00 Million ▼ -13.3%
2017 0.20x $708.70 Million $3.48 Billion $570.70 Million ▼ -16.0%
2016 0.24x $854.40 Million $3.52 Billion $589.60 Million ▲ +53.7%
2015 0.16x $600.00 Million $3.80 Billion $512.90 Million ▼ -6.2%
2014 0.17x $632.50 Million $3.76 Billion $465.40 Million ▼ -59.7%
2013 0.42x $1.50 Billion $3.59 Billion $538.10 Million ▲ +211.1%
2012 0.13x $458.30 Million $3.42 Billion $458.30 Million ▲ +5.4%
2011 0.13x $334.47 Million $2.63 Billion $334.47 Million ▼ -3.1%
2010 0.13x $273.87 Million $2.08 Billion $217.33 Million ▲ +25.5%
2009 0.10x $188.55 Million $1.80 Billion $188.55 Million ▲ +0.4%
2008 0.10x $193.78 Million $1.86 Billion $193.78 Million ▲ +5.9%
2007 0.10x $162.07 Million $1.65 Billion $162.07 Million ▲ +10.6%
2006 0.09x $137.71 Million $1.55 Billion $137.71 Million ▼ -11.6%
2005 0.10x $121.21 Million $1.20 Billion $121.21 Million ▼ -10.2%
2004 0.11x $115.91 Million $1.03 Billion $115.91 Million ▲ +20.3%
2003 0.09x $80.34 Million $861.54 Million $80.34 Million ▲ +1.2%
2002 0.09x $65.43 Million $710.35 Million $65.43 Million ▼ -30.5%
2001 0.13x $80.58 Million $608.47 Million $80.58 Million ▼ -23.3%
2000 0.17x $88.50 Million $512.25 Million $88.50 Million ▼ -52.9%
1999 0.37x $153.70 Million $419.10 Million $153.70 Million ▼ -80.3%
1998 1.86x $616.00 Million $331.30 Million $616.00 Million ▲ +724.3%
1997 0.23x $62.80 Million $278.40 Million $62.80 Million ▼ -4.5%
1996 0.24x $51.30 Million $217.10 Million $51.30 Million ▼ -30.5%
1995 0.34x $59.20 Million $174.20 Million $59.20 Million ▼ -10.0%
1994 0.38x $54.50 Million $144.40 Million $54.50 Million ▲ +27.2%
1993 0.30x $40.30 Million $135.80 Million $40.30 Million ▼ -36.2%
1992 0.47x $33.90 Million $72.90 Million $33.90 Million ▼ -53.5%
1991 1.00x $41.80 Million $41.80 Million $41.80 Million ▲ +112.1%
1990 0.47x $33.00 Million $70.00 Million $33.00 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow