NYSE$DHR
Danaher Corp · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Reported a revenue increase of 6.0% year-over-year, net earnings of $1.6 billion, and non-GAAP adjusted diluted net earnings per common share of $2.56.
Danaher Corporation announced its Q3 2022 results, with revenues increasing by 6.0% year-over-year to $7.7 billion. Net earnings were $1.6 billion, or $2.10 per diluted common share, a 36.0% increase. Non-GAAP adjusted diluted net earnings per common share were $2.56, a 7.0% increase. Non-GAAP core revenue growth was 10.0%, including 8.5% non-GAAP base business core revenue growth. Operating cash flow was $2.0 billion and non-GAAP free cash flow was $1.7 billion.
- Revenues increased 6.0% year-over-year to $7.7 billion.
- Net earnings were $1.6 billion, or $2.10 per diluted common share, a 36.0% increase year-over-year.
- Non-GAAP adjusted diluted net earnings per common share were $2.56, a 7.0% increase year-over-year.
- Non-GAAP core revenue growth was 10.0%, including 8.5% non-GAAP base business core revenue growth.
Headline financials
Revenue & EPS history
Danaher · Revenue · Quarterly
$7.66B
Forward guidance
For the fourth quarter 2022, the Company anticipates that non-GAAP base business core revenue growth will be in the high-single digit percent range. For the full year 2022, the Company is increasing its expectation for non-GAAP core revenue growth to the high-single digit percent range, which includes non-GAAP base business core revenue growth in the high-single digit percent range.
Tailwinds
- Non-GAAP base business core revenue growth is expected to be in the high-single digit percent range for Q4 2022.
- Non-GAAP core revenue growth is expected to be in the high-single digit percent range for full year 2022.
- Non-GAAP base business core revenue growth is expected to be in the high-single digit percent range for full year 2022.
- Strength of portfolio.
- Talented team and the power of the Danaher Business System.
Headwinds
- Highly uncertain and unpredictable severity, magnitude and duration of the COVID-19 pandemic.
- Impact of debt obligations on operations and liquidity.
- Deterioration of or instability in the economy.
- Contractions or growth rates and cyclicality of markets.
- Competition.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.0%
Avg return
Earnings day
+0.0%
Avg return
5 days after
+0.3%
Avg return
30 days after
42%
31 / 73 earnings
Positive
+7.0%
Q4 2020
Best reaction
-9.7%
Q4 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -1.5% | -9.0% | -12.2% | |
| Q4 2025 | -5.4% | -7.5% | -11.6% | |
| Q3 2025 | +6.1% | +7.0% | +6.6% | |
| Q2 2025 | -0.4% | +5.2% | -4.0% | |
| Q1 2025 | +3.8% | +6.6% | +1.4% | |
| Q4 2024 | -9.7% | -11.1% | -17.9% | |
| Q3 2024 | -5.9% | -9.8% | -13.6% | |
| Q2 2024 | +5.9% | +9.2% | +6.8% | |
| Q1 2024 | +6.1% | +4.4% | +10.7% | |
| Q4 2023 | +2.6% | +5.7% | +9.7% | |
| Q3 2023 | -5.6% | -7.9% | +8.5% | |
| Q2 2023 | +2.7% | +0.8% | -1.7% | |
| Q1 2023 | -8.6% | -6.9% | -9.4% | |
| Q4 2022 | -5.1% | -4.0% | -8.8% | |
| Q3 2022 | -5.2% | -2.3% | +1.1% | |
| Q2 2022 | +7.0% | +8.0% | +14.2% | |
| Q1 2022 | -5.6% | -10.5% | -10.2% | |
| Q4 2021 | +5.4% | +5.4% | +3.0% | |
| Q3 2021 | -0.5% | -2.5% | -0.2% | |
| Q2 2021 | +4.1% | +3.9% | +14.9% | |
| Q1 2021 | +6.3% | +5.6% | +3.3% | |
| Q4 2020 | +7.0% | +3.3% | -6.1% | |
| Q3 2020 | +2.7% | +5.8% | -0.3% | |
| Q2 2020 | -0.2% | +1.7% | +6.2% | |
| Q1 2020 | -0.6% | -1.7% | +5.3% | |
| Q4 2019 | -2.6% | -1.5% | -12.5% | |
| Q3 2019 | -1.9% | -0.9% | +3.5% | |
| Q2 2019 | +1.4% | +2.0% | +0.5% | |
| Q1 2019 | +1.6% | +2.3% | +5.0% | |
| Q4 2018 | +2.8% | +2.8% | +18.9% | |
| Q3 2018 | -4.4% | -7.2% | -1.7% | |
| Q2 2018 | +2.5% | +4.8% | +2.0% | |
| Q1 2018 | -1.0% | -2.2% | -1.1% | |
| Q4 2017 | -2.3% | -1.6% | -5.8% | |
| Q3 2017 | +5.5% | +5.7% | +8.4% | |
| Q2 2017 | -3.2% | -4.4% | -5.7% | |
| Q1 2017 | -5.5% | -3.6% | -5.0% | |
| Q4 2016 | +4.0% | +3.4% | +7.8% | |
| Q3 2016 | +3.9% | +2.1% | +2.4% | |
| Q2 2016 | -0.2% | +0.2% | -0.8% | |
| Q1 2016 | +1.6% | — | — | |
| Q4 2015 | -0.2% | — | — | |
| Q3 2015 | +4.2% | — | — | |
| Q2 2015 | -0.1% | — | — | |
| Q1 2015 | -2.3% | — | — | |
| Q4 2014 | -1.0% | — | — | |
| Q3 2014 | +3.9% | — | — | |
| Q2 2014 | -4.3% | — | — | |
| Q1 2014 | -0.2% | — | — | |
| Q4 2013 | +1.4% | — | — | |
| Q3 2013 | +4.1% | — | — | |
| Q2 2013 | +0.4% | — | — | |
| Q1 2013 | -1.1% | — | — | |
| Q4 2012 | -1.2% | — | — | |
| Q3 2012 | -4.9% | — | — | |
| Q2 2012 | -1.9% | — | — | |
| Q1 2012 | -2.8% | — | — | |
| Q4 2011 | -0.6% | — | — | |
| Q3 2011 | +6.4% | — | — | |
| Q2 2011 | -3.1% | — | — | |
| Q1 2011 | -2.1% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q4 2007 | +1.8% | — | — | |
| Q3 2010 | +3.8% | — | — | |
| Q2 2010 | -4.4% | — | — | |
| Q1 2009 | +4.8% | — | — | |
| Q1 2010 | +0.4% | — | — | |
| Q4 2009 | -0.1% | — | — | |
| Q3 2009 | -0.8% | — | — | |
| Q3 2008 | -0.8% | — | — | |
| Q2 2009 | -2.4% | — | — | |
| Q2 2008 | -2.4% | — | — | |
| Q4 2008 | -2.4% | — | — |
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