vs

Side-by-side financial comparison of Danaher Corporation (DHR) and Eversource Energy (ES). Click either name above to swap in a different company.

Danaher Corporation is the larger business by last-quarter revenue ($6.0B vs $3.4B, roughly 1.8× Eversource Energy). Danaher Corporation runs the higher net margin — 17.3% vs 12.6%, a 4.7% gap on every dollar of revenue. On growth, Eversource Energy posted the faster year-over-year revenue change (13.4% vs 3.7%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $-67.3M). Over the past eight quarters, Danaher Corporation's revenue compounded faster (1.8% CAGR vs 0.6%).

Danaher Corporation is an American healthcare company headquartered in Washington, D.C.. It develops products used for advances in biotechnology, life sciences, and diagnostics. The company operates three divisions: biotechnology, which develops products for the development of therapeutics; life sciences, which develops products to identify causes of disease, new therapies, and to test and manufacture new drugs, vaccines and gene editing technologies; and diagnostics, which develops instruments,...

Eversource Energy is a publicly traded, Fortune 500 energy company headquartered in Springfield, Massachusetts with additional corporate offices in Hartford, Connecticut, and Boston, Massachusetts, with several regulated subsidiaries offering retail electricity, natural gas service and water service to approximately 4 million customers in Connecticut, Massachusetts, and New Hampshire.

DHR vs ES — Head-to-Head

Bigger by revenue
DHR
DHR
1.8× larger
DHR
$6.0B
$3.4B
ES
Growing faster (revenue YoY)
ES
ES
+9.8% gap
ES
13.4%
3.7%
DHR
Higher net margin
DHR
DHR
4.7% more per $
DHR
17.3%
12.6%
ES
More free cash flow
DHR
DHR
$1.2B more FCF
DHR
$1.1B
$-67.3M
ES
Faster 2-yr revenue CAGR
DHR
DHR
Annualised
DHR
1.8%
0.6%
ES

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DHR
DHR
ES
ES
Revenue
$6.0B
$3.4B
Net Profit
$1.0B
$423.2M
Gross Margin
60.3%
Operating Margin
22.6%
21.1%
Net Margin
17.3%
12.6%
Revenue YoY
3.7%
13.4%
Net Profit YoY
7.9%
468.8%
EPS (diluted)
$1.45
$1.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
DHR
DHR
ES
ES
Q1 26
$6.0B
Q4 25
$6.8B
$3.4B
Q3 25
$6.1B
$3.2B
Q2 25
$5.9B
$2.8B
Q1 25
$5.7B
$4.1B
Q4 24
$6.5B
$3.0B
Q3 24
$5.8B
$3.1B
Q2 24
$5.7B
$2.5B
Net Profit
DHR
DHR
ES
ES
Q1 26
$1.0B
Q4 25
$1.2B
$423.2M
Q3 25
$908.0M
$369.4M
Q2 25
$555.0M
$354.6M
Q1 25
$954.0M
$552.7M
Q4 24
$1.1B
$74.4M
Q3 24
$818.0M
$-116.2M
Q2 24
$907.0M
$337.2M
Gross Margin
DHR
DHR
ES
ES
Q1 26
60.3%
Q4 25
58.0%
Q3 25
58.2%
Q2 25
59.3%
Q1 25
61.2%
Q4 24
59.5%
Q3 24
58.7%
Q2 24
59.7%
Operating Margin
DHR
DHR
ES
ES
Q1 26
22.6%
Q4 25
22.0%
21.1%
Q3 25
19.1%
21.4%
Q2 25
12.8%
23.4%
Q1 25
22.2%
22.5%
Q4 24
21.8%
11.7%
Q3 24
16.5%
20.0%
Q2 24
20.3%
23.8%
Net Margin
DHR
DHR
ES
ES
Q1 26
17.3%
Q4 25
17.5%
12.6%
Q3 25
15.0%
11.5%
Q2 25
9.3%
12.5%
Q1 25
16.6%
13.4%
Q4 24
16.6%
2.5%
Q3 24
14.1%
-3.8%
Q2 24
15.8%
13.3%
EPS (diluted)
DHR
DHR
ES
ES
Q1 26
$1.45
Q4 25
$1.69
$1.11
Q3 25
$1.27
$0.99
Q2 25
$0.77
$0.96
Q1 25
$1.32
$1.50
Q4 24
$1.50
$0.16
Q3 24
$1.12
$-0.33
Q2 24
$1.22
$0.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DHR
DHR
ES
ES
Cash + ST InvestmentsLiquidity on hand
$135.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$16.2B
Total Assets
$63.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHR
DHR
ES
ES
Q1 26
Q4 25
$135.4M
Q3 25
$259.3M
Q2 25
$343.7M
Q1 25
$111.4M
Q4 24
$26.7M
Q3 24
$97.9M
Q2 24
Total Debt
DHR
DHR
ES
ES
Q1 26
Q4 25
$18.4B
Q3 25
$16.9B
Q2 25
$17.4B
Q1 25
$16.5B
Q4 24
$16.0B
Q3 24
$17.5B
Q2 24
$17.0B
Stockholders' Equity
DHR
DHR
ES
ES
Q1 26
Q4 25
$52.5B
$16.2B
Q3 25
$51.1B
$16.0B
Q2 25
$52.3B
$15.7B
Q1 25
$50.8B
$15.3B
Q4 24
$49.5B
$15.0B
Q3 24
$51.3B
$15.0B
Q2 24
$49.9B
$14.8B
Total Assets
DHR
DHR
ES
ES
Q1 26
Q4 25
$83.5B
$63.8B
Q3 25
$79.9B
$61.7B
Q2 25
$81.6B
$61.0B
Q1 25
$79.1B
$60.2B
Q4 24
$77.5B
$59.6B
Q3 24
$80.6B
$58.6B
Q2 24
$78.6B
$58.4B
Debt / Equity
DHR
DHR
ES
ES
Q1 26
Q4 25
0.35×
Q3 25
0.33×
Q2 25
0.33×
Q1 25
0.32×
Q4 24
0.32×
Q3 24
0.34×
Q2 24
0.34×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
DHR
DHR
ES
ES
Operating Cash FlowLast quarter
$1.3B
$916.1M
Free Cash FlowOCF − Capex
$1.1B
$-67.3M
FCF MarginFCF / Revenue
18.2%
-2.0%
Capex IntensityCapex / Revenue
4.0%
29.2%
Cash ConversionOCF / Net Profit
1.28×
2.16×
TTM Free Cash FlowTrailing 4 quarters
$5.3B
$-45.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHR
DHR
ES
ES
Q1 26
$1.3B
Q4 25
$2.1B
$916.1M
Q3 25
$1.7B
$1.1B
Q2 25
$1.3B
$1.1B
Q1 25
$1.3B
$1.0B
Q4 24
$2.0B
$642.1M
Q3 24
$1.5B
$555.6M
Q2 24
$1.4B
$670.7M
Free Cash Flow
DHR
DHR
ES
ES
Q1 26
$1.1B
Q4 25
$1.7B
$-67.3M
Q3 25
$1.4B
$-26.3M
Q2 25
$1.1B
$15.3M
Q1 25
$1.1B
$33.2M
Q4 24
$1.5B
$-546.5M
Q3 24
$1.2B
$-515.4M
Q2 24
$1.1B
$-400.8M
FCF Margin
DHR
DHR
ES
ES
Q1 26
18.2%
Q4 25
25.5%
-2.0%
Q3 25
22.6%
-0.8%
Q2 25
18.4%
0.5%
Q1 25
18.4%
0.8%
Q4 24
23.0%
-18.4%
Q3 24
21.0%
-16.8%
Q2 24
19.7%
-15.8%
Capex Intensity
DHR
DHR
ES
ES
Q1 26
4.0%
Q4 25
5.4%
29.2%
Q3 25
4.8%
35.0%
Q2 25
4.2%
36.7%
Q1 25
4.3%
24.5%
Q4 24
7.9%
40.0%
Q3 24
5.1%
35.0%
Q2 24
5.0%
42.3%
Cash Conversion
DHR
DHR
ES
ES
Q1 26
1.28×
Q4 25
1.77×
2.16×
Q3 25
1.83×
2.98×
Q2 25
2.41×
2.98×
Q1 25
1.36×
1.88×
Q4 24
1.86×
8.63×
Q3 24
1.85×
Q2 24
1.56×
1.99×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DHR
DHR

Segment breakdown not available.

ES
ES

Residential$1.2B35%
Commercial$789.0M23%
Eversource Electric Transmission$573.8M17%
Wholesale Transmission Revenue$570.0M17%
Industrial$102.6M3%
Water Distribution Segment$58.4M2%
Eversource Water$56.3M2%
Other Revenue Adjustmentsfrom Contractswith Customers$25.9M1%

Related Comparisons