MARKETS / COMPARE / DHR VS MDT

DHR vs MDT

Danaher Corporation and Medtronic PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

Metric DHR MDT
Revenue$24.6B$36.4B
Net income$3.6B$4.8B
Gross margin59.1%65.0%
Net margin14.7%13.2%
Return on equity7.1%9.8%
Diluted EPS$5.05$3.73
Dividend / share$2.84
Payout ratio24.3%75.8%
Free cash flow$5.3B$5.4B
Equity$52.5B$49.5B
Net debt / equity0.26×0.53×
Current ratio1.87×2.13×
Revenue CAGR 5y2.0%3.8%
Profit CAGR 5y−0.2%5.9%

MDT bills 1.5× the revenue of DHR, and DHR keeps more of each dollar of revenue as profit (14.7% against 13.2%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner.

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Revenue by year

10 years side by side

Fiscal year DHR MDT
FY2025$24.6B$36.4B
FY2024$23.9B$33.5B
FY2023$23.9B$32.4B
FY2022$26.6B$31.2B
FY2021$24.8B$31.7B
FY2020$22.3B$30.1B
FY2019$17.9B$28.9B
FY2018$17.0B$30.6B
FY2017$15.5B$30.0B
FY2016$16.9B$29.7B
Net income by year

Bottom line

Fiscal year DHR MDT
FY2025$3.6B$4.8B
FY2024$3.9B$4.7B
FY2023$4.8B$3.7B
FY2022$7.2B$3.8B
FY2021$6.4B$5.0B
FY2020$3.6B$3.6B
FY2019$3.0B$4.8B
FY2018$2.7B$4.6B
FY2017$2.5B$3.1B
FY2016$2.6B$4.0B
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