BDX vs DHR
Becton Dickinson & Co. and Danaher Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | BDX | DHR |
|---|---|---|
| Revenue | $21.8B | $24.6B |
| Net income | $1.7B | $3.6B |
| Gross margin | 45.4% | 59.1% |
| Net margin | 7.7% | 14.7% |
| Return on equity | 6.5% | 7.1% |
| Diluted EPS | $5.82 | $5.05 |
| Dividend / share | $4.16 | · |
| Payout ratio | 71.3% | 24.3% |
| Free cash flow | $2.7B | $5.3B |
| Equity | $25.4B | $52.5B |
| Net debt / equity | 0.73× | 0.26× |
| Current ratio | 1.11× | 1.87× |
| Revenue CAGR 5y | 6.3% | 2.0% |
| Profit CAGR 5y | 13.9% | −0.2% |
BDX and DHR book revenue within 15% of each other, and DHR keeps more of each dollar of revenue as profit (14.7% against 7.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | BDX | DHR |
|---|---|---|
| FY2025 | $21.8B | $24.6B |
| FY2024 | $20.2B | $23.9B |
| FY2023 | $19.4B | $23.9B |
| FY2022 | $18.9B | $26.6B |
| FY2021 | $19.1B | $24.8B |
| FY2020 | $16.1B | $22.3B |
| FY2019 | $17.3B | $17.9B |
| FY2018 | $16.0B | $17.0B |
| FY2017 | $12.1B | $15.5B |
| FY2016 | $12.5B | $16.9B |
Bottom line
| Fiscal year | BDX | DHR |
|---|---|---|
| FY2025 | $1.7B | $3.6B |
| FY2024 | $1.7B | $3.9B |
| FY2023 | $1.5B | $4.8B |
| FY2022 | $1.8B | $7.2B |
| FY2021 | $2.1B | $6.4B |
| FY2020 | $874.0M | $3.6B |
| FY2019 | $1.2B | $3.0B |
| FY2018 | $311.0M | $2.7B |
| FY2017 | $1.1B | $2.5B |
| FY2016 | $976.0M | $2.6B |
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$2,728,000,000 | DHR |
| FY2024 | −$3,697,000,000 | DHR |
| FY2023 | −$4,518,000,000 | DHR |
| FY2022 | −$7,773,000,000 | DHR |
| FY2021 | −$5,671,000,000 | DHR |
| FY2020 | −$6,210,000,000 | DHR |
| FY2019 | −$621,000,000 | DHR |
| FY2018 | −$1,066,000,000 | DHR |
| FY2017 | −$3,425,800,000 | DHR |
| FY2016 | −$4,399,400,000 | DHR |
| FY2015 | −$4,151,700,000 | DHR |
| FY2014 | −$4,420,900,000 | DHR |
| FY2013 | −$10,229,100,000 | DHR |
| FY2012 | −$10,552,400,000 | DHR |
| FY2011 | −$8,506,500,000 | DHR |
| FY2010 | −$5,425,615,000 | DHR |
| FY2009 | −$3,529,959,000 | DHR |
| FY2008 | −$5,799,837,000 | DHR |
| FY2007 | −$4,743,082,000 | DHR |
DHR has reported the higher revenue in every one of these 19 fiscal years. The gap has narrowed since the earliest year compared.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
19 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −7.0 pp | DHR |
| FY2024 | −7.9 pp | DHR |
| FY2023 | −12.3 pp | DHR |
| FY2022 | −17.6 pp | DHR |
| FY2021 | −15.0 pp | DHR |
| FY2020 | −10.9 pp | DHR |
| FY2019 | −9.7 pp | DHR |
| FY2018 | −13.6 pp | DHR |
| FY2017 | −7.0 pp | DHR |
| FY2016 | −7.3 pp | DHR |
| FY2015 | −16.5 pp | DHR |
| FY2014 | −6.2 pp | DHR |
| FY2013 | +1.3 pp | BDX |
| FY2012 | +2.1 pp | BDX |
| FY2011 | +3.3 pp | BDX |
| FY2010 | +4.2 pp | BDX |
| FY2009 | +6.7 pp | BDX |
| FY2008 | +6.0 pp | BDX |
| FY2007 | +1.7 pp | BDX |
The higher net margin has changed hands between BDX and DHR over this period.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BDX's net margin has been more volatile than DHR's over the 19 comparable fiscal years — 4.7 percentage points of standard deviation against 4.5.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between BDX and DHR over these 19 fiscal years — BDX led in 7 and DHR in 12.
19 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
BDX's return on equity has been more volatile than DHR's over the 18 comparable fiscal years — 9.0 percentage points of standard deviation against 2.4.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between BDX and DHR over these 18 fiscal years — BDX led in 9 and DHR in 9.
18 of 18 comparable fiscal years — a year missing data on either side is not counted.