Danaher Corporation (DHR) — Cash Flow-to-Debt Ratio
Danaher Corporation (DHR) has a Cash Flow-to-Debt Ratio of 0.06x as of September 2025, meaning its operating cash flow of $1.66 Billion could theoretically repay 0% of its total liabilities ($28.83 Billion) in one year. See Danaher Corporation (DHR) flexibility index to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Danaher Corporation Cash Flow-to-Debt Ratio (1990–2024)
Historical debt coverage capacity for Danaher Corporation across 35 annual periods. For the full cash flow conversion analysis, see Danaher Corporation (DHR) cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Danaher Corporation (1990–2024)
Year-by-year debt coverage analysis for Danaher Corporation. Check cash flow quality index of Danaher Corporation to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2024 | 0.24x | $6.69 Billion | $27.99 Billion | ▲ +3.4% |
| 2023 | 0.23x | $7.16 Billion | $31.00 Billion | ▼ -7.1% |
| 2022 | 0.25x | $8.52 Billion | $34.26 Billion | ▲ +13.1% |
| 2021 | 0.22x | $8.36 Billion | $38.01 Billion | ▲ +28.9% |
| 2020 | 0.17x | $6.21 Billion | $36.38 Billion | ▲ +37.3% |
| 2019 | 0.12x | $3.95 Billion | $31.80 Billion | ▼ -39.4% |
| 2018 | 0.21x | $4.02 Billion | $19.61 Billion | ▲ +19.6% |
| 2017 | 0.17x | $3.48 Billion | $20.28 Billion | ▲ +8.2% |
| 2016 | 0.16x | $3.52 Billion | $22.22 Billion | ▲ +2.0% |
| 2015 | 0.16x | $3.80 Billion | $24.46 Billion | ▼ -44.0% |
| 2014 | 0.28x | $3.76 Billion | $13.54 Billion | ▼ -5.4% |
| 2013 | 0.29x | $3.59 Billion | $12.22 Billion | ▲ +19.0% |
| 2012 | 0.25x | $3.42 Billion | $13.86 Billion | ▲ +21.8% |
| 2011 | 0.20x | $2.63 Billion | $12.98 Billion | ▼ -18.0% |
| 2010 | 0.25x | $2.08 Billion | $8.44 Billion | ▲ +9.2% |
| 2009 | 0.23x | $1.80 Billion | $7.97 Billion | ▼ -6.6% |
| 2008 | 0.24x | $1.86 Billion | $7.68 Billion | ▲ +23.3% |
| 2007 | 0.20x | $1.65 Billion | $8.39 Billion | ▼ -21.1% |
| 2006 | 0.25x | $1.55 Billion | $6.22 Billion | ▼ -15.6% |
| 2005 | 0.29x | $1.20 Billion | $4.08 Billion | ▲ +10.6% |
| 2004 | 0.27x | $1.03 Billion | $3.87 Billion | ▲ +0.4% |
| 2003 | 0.27x | $861.54 Million | $3.24 Billion | ▲ +12.9% |
| 2002 | 0.24x | $710.35 Million | $3.02 Billion | ▲ +0.2% |
| 2001 | 0.23x | $608.47 Million | $2.59 Billion | ▼ -4.2% |
| 2000 | 0.25x | $512.25 Million | $2.09 Billion | ▼ -21.7% |
| 1999 | 0.31x | $419.10 Million | $1.34 Billion | ▲ +31.1% |
| 1998 | 0.24x | $331.30 Million | $1.39 Billion | ▼ -17.4% |
| 1997 | 0.29x | $278.40 Million | $962.80 Million | ▲ +28.5% |
| 1996 | 0.23x | $217.10 Million | $964.80 Million | ▲ +16.2% |
| 1995 | 0.19x | $174.20 Million | $899.70 Million | ▼ -11.7% |
| 1994 | 0.22x | $144.40 Million | $658.80 Million | ▼ -17.9% |
| 1993 | 0.27x | $135.80 Million | $508.80 Million | ▲ +54.3% |
| 1992 | 0.17x | $72.90 Million | $421.40 Million | ▲ +72.0% |
| 1991 | 0.10x | $41.80 Million | $415.70 Million | ▼ -36.9% |
| 1990 | 0.16x | $70.00 Million | $439.50 Million | — |