Price to Operating Profit (P/OP)
since 2005
Calculation
Danaher Corp., P/OP, long-term trends, calculation
| P/OP | = | Share price1, 2, 3 | ÷ | Operating profit per share1 | Operating profit per share1 | = | Operating profit1 (in thousands) |
÷ | No. shares of common stock outstanding2 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 34.47 | = | 161.88 | ÷ | 4.70 | 4.70 | = | 3,269,400 | ÷ | 696,237,113 | |
| Dec 31, 2018 | 23.18 | = | 112.43 | ÷ | 4.85 | 4.85 | = | 3,403,800 | ÷ | 701,875,340 | |
| Dec 31, 2017 | 22.48 | = | 97.35 | ÷ | 4.33 | 4.33 | = | 3,021,200 | ÷ | 697,569,470 | |
| Dec 31, 2016 | 21.37 | = | 84.80 | ÷ | 3.97 | 3.97 | = | 2,750,900 | ÷ | 693,280,277 | |
| Dec 31, 2015 | 17.27 | = | 87.20 | ÷ | 5.05 | 5.05 | = | 3,469,100 | ÷ | 687,154,521 | |
| Dec 31, 2014 | 17.94 | = | 87.22 | ÷ | 4.86 | 4.86 | = | 3,431,300 | ÷ | 705,777,722 | |
| Dec 31, 2013 | 16.24 | = | 76.15 | ÷ | 4.69 | 4.69 | = | 3,274,900 | ÷ | 698,482,191 | |
| Dec 31, 2012 | 13.40 | = | 61.46 | ÷ | 4.59 | 4.59 | = | 3,165,100 | ÷ | 690,246,149 | |
| Dec 31, 2011 | 14.04 | = | 53.32 | ÷ | 3.80 | 3.80 | = | 2,617,226 | ÷ | 689,294,694 | |
| Dec 31, 2010 | 15.14 | = | 49.76 | ÷ | 3.29 | 3.29 | = | 2,166,374 | ÷ | 659,181,326 | |
| Dec 31, 2009 | 15.63 | = | 37.26 | ÷ | 2.38 | 2.38 | = | 1,542,476 | ÷ | 646,964,568 | |
| Dec 31, 2008 | 8.85 | = | 25.97 | ÷ | 2.93 | 2.93 | = | 1,869,477 | ÷ | 637,402,212 | |
| Dec 31, 2007 | 13.65 | = | 37.33 | ÷ | 2.73 | 2.73 | = | 1,740,709 | ÷ | 636,600,000 | |
| Dec 31, 2006 | 14.52 | = | 35.66 | ÷ | 2.46 | 2.46 | = | 1,517,993 | ÷ | 618,200,000 | |
| Dec 31, 2005 | 15.18 | = | 31.40 | ÷ | 2.07 | 2.07 | = | 1,264,668 | ÷ | 611,200,000 |
Based on: 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-21), 10-K (filing date: 2017-02-22), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-25), 10-K (filing date: 2014-02-21), 10-K (filing date: 2013-02-22), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-24), 10-K (filing date: 2010-02-24), 10-K (filing date: 2009-02-25), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-15).
1 US$
2 Data adjusted for splits and stock dividends.
3 Closing price as at the filing date of Danaher Corp.’s Annual Report.
Comparison to Competitors
Danaher Corp., P/OP, long-term trends, comparison to competitors
| Danaher Corp. | Becton, Dickinson & Co. | Boston Scientific Corp. | Edwards Lifesciences Corp. | Intuitive Surgical Inc. | Medtronic PLC | Stryker Corp. | Thermo Fisher Scientific Inc. | UnitedHealth Group Inc. | |
|---|---|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 34.47 | 40.02 | 36.71 | 42.04 | 48.89 | 21.26 | 30.13 | 26.84 | 14.40 |
| Dec 31, 2018 | 23.18 | 43.37 | 36.68 | 49.37 | 49.87 | 17.64 | 26.55 | 27.33 | 14.58 |
| Dec 31, 2017 | 22.48 | 34.59 | 28.71 | 25.80 | 44.40 | 22.64 | 24.21 | 28.24 | 14.42 |
| Dec 31, 2016 | 21.37 | 25.02 | 74.67 | 25.38 | 28.93 | 22.18 | 21.23 | 25.13 | 11.79 |
| Dec 31, 2015 | 17.27 | 29.46 | — | — | 27.24 | 28.81 | 19.27 | 22.15 | 9.59 |
| Dec 31, 2014 | 17.94 | 16.89 | — | — | 34.42 | 16.68 | 28.38 | 20.63 | 10.12 |
| Dec 31, 2013 | 16.24 | 16.86 | 147.21 | — | 17.96 | 11.80 | 24.90 | 30.40 | 7.22 |
| Dec 31, 2012 | 13.40 | 9.71 | — | — | 26.21 | 8.91 | 13.91 | 17.92 | 6.32 |
| Dec 31, 2011 | 14.04 | 8.62 | 9.78 | — | 27.83 | 10.34 | 12.17 | 16.64 | 6.55 |
| Dec 31, 2010 | 15.14 | 10.71 | — | — | 23.28 | 9.30 | 14.07 | 17.09 | 5.90 |
| Dec 31, 2009 | 15.63 | 10.85 | — | — | 33.47 | 14.15 | 13.26 | 19.04 | 5.95 |
| Dec 31, 2008 | 8.85 | 9.96 | — | — | 14.45 | 20.91 | 10.45 | 12.33 | 6.59 |
| Dec 31, 2007 | 13.65 | 16.93 | — | — | 55.84 | 17.35 | 20.77 | 24.03 | 7.62 |
| Dec 31, 2006 | 14.52 | 16.84 | — | — | 38.97 | 17.65 | 23.58 | 79.09 | 10.47 |
| Dec 31, 2005 | 15.18 | 14.21 | 20.37 | — | 50.23 | 25.36 | 18.61 | 21.48 | 14.87 |
Based on: 10-K (filing date: 2020-02-21), 10-K (filing date: 2019-02-21), 10-K (filing date: 2018-02-21), 10-K (filing date: 2017-02-22), 10-K (filing date: 2016-02-24), 10-K (filing date: 2015-02-25), 10-K (filing date: 2014-02-21), 10-K (filing date: 2013-02-22), 10-K (filing date: 2012-02-24), 10-K (filing date: 2011-02-24), 10-K (filing date: 2010-02-24), 10-K (filing date: 2009-02-25), 10-K (filing date: 2008-02-21), 10-K (filing date: 2007-03-01), 10-K (filing date: 2006-03-15).