Danaher Corporation (DHR) — Free Cash Flow Generation Index

Latest as of September 2025: 0.82x

Danaher Corporation (DHR) has a Free Cash Flow Generation Index of 0.82x as of September 2025. Free cash flow of $1.37 Billion represents 1% of operating cash flow ($1.66 Billion). Explore reinvestment intensity of Danaher Corporation to see what proportion of operating cash flow is directed to capital expenditures.

FCF Generation Index

0.82x
Free Cash Flow / Operating CF

Free Cash Flow

$1.37 Billion
USD

Operating Cash Flow

$1.66 Billion
USD

Capital Expenditures

$292.00 Million
USD

Danaher Corporation Free Cash Flow Generation Index (1990–2024)

Historical FCF Generation Index trend for Danaher Corporation across 35 annual periods. For the full cash flow conversion analysis, see DHR cash generation efficiency.

Annual Free Cash Flow Generation for Danaher Corporation (1990–2024)

Year-by-year Free Cash Flow Generation Index for Danaher Corporation. Check DHR cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2024 0.79x $5.30 Billion $6.69 Billion $1.39 Billion ▼ -1.9%
2023 0.81x $5.78 Billion $7.16 Billion $1.38 Billion ▼ -6.7%
2022 0.86x $7.37 Billion $8.52 Billion $1.15 Billion ▲ +2.3%
2021 0.85x $7.06 Billion $8.36 Billion $1.29 Billion ▼ -3.1%
2020 0.87x $5.42 Billion $6.21 Billion $791.00 Million ▲ +4.0%
2019 0.84x $3.32 Billion $3.95 Billion $635.50 Million ▼ -1.8%
2018 0.85x $3.44 Billion $4.02 Billion $584.00 Million ▲ +2.3%
2017 0.84x $2.91 Billion $3.48 Billion $570.70 Million ▲ +0.4%
2016 0.83x $2.93 Billion $3.52 Billion $589.60 Million ▼ -3.8%
2015 0.87x $3.29 Billion $3.80 Billion $512.90 Million ▼ -1.3%
2014 0.88x $3.29 Billion $3.76 Billion $465.40 Million ▲ +3.1%
2013 0.85x $3.05 Billion $3.59 Billion $538.10 Million ▼ -1.8%
2012 0.87x $2.96 Billion $3.42 Billion $458.30 Million ▼ -0.8%
2011 0.87x $2.29 Billion $2.63 Billion $334.47 Million ▼ -2.6%
2010 0.90x $1.87 Billion $2.08 Billion $217.33 Million ▲ +0.0%
2009 0.90x $1.61 Billion $1.80 Billion $188.55 Million ▼ -0.1%
2008 0.90x $1.67 Billion $1.86 Billion $193.78 Million ▼ -0.6%
2007 0.90x $1.48 Billion $1.65 Billion $162.07 Million ▼ -1.0%
2006 0.91x $1.41 Billion $1.55 Billion $137.71 Million ▲ +1.3%
2005 0.90x $1.08 Billion $1.20 Billion $121.21 Million ▲ +1.3%
2004 0.89x $917.31 Million $1.03 Billion $115.91 Million ▼ -2.1%
2003 0.91x $781.20 Million $861.54 Million $80.34 Million ▼ -0.1%
2002 0.91x $644.92 Million $710.35 Million $65.43 Million ▲ +4.6%
2001 0.87x $527.89 Million $608.47 Million $80.58 Million ▲ +4.9%
2000 0.83x $423.74 Million $512.25 Million $88.50 Million ▲ +30.6%
1999 0.63x $265.40 Million $419.10 Million $153.70 Million ▲ +173.7%
1998 -0.86x $-284.70 Million $331.30 Million $616.00 Million ▼ -211.0%
1997 0.77x $215.60 Million $278.40 Million $62.80 Million ▲ +1.4%
1996 0.76x $165.80 Million $217.10 Million $51.30 Million ▲ +15.7%
1995 0.66x $115.00 Million $174.20 Million $59.20 Million ▲ +6.0%
1994 0.62x $89.90 Million $144.40 Million $54.50 Million ▼ -11.5%
1993 0.70x $95.50 Million $135.80 Million $40.30 Million ▲ +31.5%
1992 0.53x $39.00 Million $72.90 Million $33.90 Million ▼ -73.3%
1991 2.00x $83.60 Million $41.80 Million $41.80 Million ▲ +278.4%
1990 0.53x $37.00 Million $70.00 Million $33.00 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).