Danaher Corp. (DHR)

Danaher Corp., net profit margin, long-term trends, calculation

	Net Profit Margin	=	100	×	Net earnings1	÷	Sales1
Dec 31, 2005		=	100	×		÷
Dec 31, 2006		=	100	×		÷
Dec 31, 2007		=	100	×		÷
Dec 31, 2008		=	100	×		÷
Dec 31, 2009		=	100	×		÷
Dec 31, 2010		=	100	×		÷
Dec 31, 2011		=	100	×		÷
Dec 31, 2012		=	100	×		÷
Dec 31, 2013		=	100	×		÷
Dec 31, 2014		=	100	×		÷
Dec 31, 2015		=	100	×		÷
Dec 31, 2016		=	100	×		÷
Dec 31, 2017		=	100	×		÷
Dec 31, 2018		=	100	×		÷

Based on: 10-K (filing date: 2006-03-15), 10-K (filing date: 2007-03-01), 10-K (filing date: 2008-02-21), 10-K (filing date: 2009-02-25), 10-K (filing date: 2010-02-24), 10-K (filing date: 2011-02-24), 10-K (filing date: 2012-02-24), 10-K (filing date: 2013-02-22), 10-K (filing date: 2014-02-21), 10-K (filing date: 2015-02-25), 10-K (filing date: 2016-02-24), 10-K (filing date: 2017-02-22), 10-K (filing date: 2018-02-21), 10-K (filing date: 2019-02-21).

¹ USD $ in thousands

Danaher Corp., net profit margin, long-term trends, comparison to competitors

	Danaher Corp.	3M Co.	General Electric Co.	Honeywell International Inc.
Dec 31, 2005
Dec 31, 2006
Dec 31, 2007
Dec 31, 2008
Dec 31, 2009
Dec 31, 2010
Dec 31, 2011
Dec 31, 2012
Dec 31, 2013
Dec 31, 2014
Dec 31, 2015
Dec 31, 2016
Dec 31, 2017
Dec 31, 2018

Based on: 10-K (filing date: 2006-03-15), 10-K (filing date: 2007-03-01), 10-K (filing date: 2008-02-21), 10-K (filing date: 2009-02-25), 10-K (filing date: 2010-02-24), 10-K (filing date: 2011-02-24), 10-K (filing date: 2012-02-24), 10-K (filing date: 2013-02-22), 10-K (filing date: 2014-02-21), 10-K (filing date: 2015-02-25), 10-K (filing date: 2016-02-24), 10-K (filing date: 2017-02-22), 10-K (filing date: 2018-02-21), 10-K (filing date: 2019-02-21).

Danaher Corp., net profit margin, long-term trends, comparison to General Industrials sector

	Danaher Corp.	General Industrials
Dec 31, 2005
Dec 31, 2006
Dec 31, 2007
Dec 31, 2008
Dec 31, 2009
Dec 31, 2010
Dec 31, 2011
Dec 31, 2012
Dec 31, 2013
Dec 31, 2014
Dec 31, 2015
Dec 31, 2016
Dec 31, 2017
Dec 31, 2018

Based on: 10-K (filing date: 2006-03-15), 10-K (filing date: 2007-03-01), 10-K (filing date: 2008-02-21), 10-K (filing date: 2009-02-25), 10-K (filing date: 2010-02-24), 10-K (filing date: 2011-02-24), 10-K (filing date: 2012-02-24), 10-K (filing date: 2013-02-22), 10-K (filing date: 2014-02-21), 10-K (filing date: 2015-02-25), 10-K (filing date: 2016-02-24), 10-K (filing date: 2017-02-22), 10-K (filing date: 2018-02-21), 10-K (filing date: 2019-02-21).

Danaher Corp., net profit margin, long-term trends, comparison to Industrials industry

	Danaher Corp.	Industrials
Dec 31, 2005
Dec 31, 2006
Dec 31, 2007
Dec 31, 2008
Dec 31, 2009
Dec 31, 2010
Dec 31, 2011
Dec 31, 2012
Dec 31, 2013
Dec 31, 2014
Dec 31, 2015
Dec 31, 2016
Dec 31, 2017
Dec 31, 2018

Based on: 10-K (filing date: 2006-03-15), 10-K (filing date: 2007-03-01), 10-K (filing date: 2008-02-21), 10-K (filing date: 2009-02-25), 10-K (filing date: 2010-02-24), 10-K (filing date: 2011-02-24), 10-K (filing date: 2012-02-24), 10-K (filing date: 2013-02-22), 10-K (filing date: 2014-02-21), 10-K (filing date: 2015-02-25), 10-K (filing date: 2016-02-24), 10-K (filing date: 2017-02-22), 10-K (filing date: 2018-02-21), 10-K (filing date: 2019-02-21).