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Side-by-side financial comparison of Danaher Corporation (DHR) and LITHIA MOTORS INC (LAD). Click either name above to swap in a different company.

LITHIA MOTORS INC is the larger business by last-quarter revenue ($9.2B vs $6.0B, roughly 1.5× Danaher Corporation). Danaher Corporation runs the higher net margin — 17.3% vs 1.5%, a 15.8% gap on every dollar of revenue. On growth, Danaher Corporation posted the faster year-over-year revenue change (3.7% vs 0.3%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $30.5M). Over the past eight quarters, LITHIA MOTORS INC's revenue compounded faster (3.6% CAGR vs 1.8%).

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,...

Lithia Motors, Inc. is an American nationwide automotive dealership group headquartered in Medford, Oregon. As of 2025, Lithia is the largest automotive retailer in the United States by revenue, ahead of competitors such as AutoNation and Penske Automotive Group. As of December 31, 2024, Lithia operates 459 dealership locations across the United States, Canada, and the United Kingdom. The company employs approximately 30,000 people worldwide.

DHR vs LAD — Head-to-Head

Bigger by revenue
LAD
LAD
1.5× larger
LAD
$9.2B
$6.0B
DHR
Growing faster (revenue YoY)
DHR
DHR
+3.4% gap
DHR
3.7%
0.3%
LAD
Higher net margin
DHR
DHR
15.8% more per $
DHR
17.3%
1.5%
LAD
More free cash flow
DHR
DHR
$1.1B more FCF
DHR
$1.1B
$30.5M
LAD
Faster 2-yr revenue CAGR
LAD
LAD
Annualised
LAD
3.6%
1.8%
DHR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DHR
DHR
LAD
LAD
Revenue
$6.0B
$9.2B
Net Profit
$1.0B
$136.9M
Gross Margin
60.3%
14.9%
Operating Margin
22.6%
3.7%
Net Margin
17.3%
1.5%
Revenue YoY
3.7%
0.3%
Net Profit YoY
7.9%
-36.6%
EPS (diluted)
$1.45
$5.90

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
LAD
LAD
Q1 26
$6.0B
Q4 25
$6.8B
$9.2B
Q3 25
$6.1B
$9.7B
Q2 25
$5.9B
$9.6B
Q1 25
$5.7B
$9.2B
Q4 24
$6.5B
$9.2B
Q3 24
$5.8B
$9.2B
Q2 24
$5.7B
$9.2B
Net Profit
DHR
DHR
LAD
LAD
Q1 26
$1.0B
Q4 25
$1.2B
$136.9M
Q3 25
$908.0M
$217.1M
Q2 25
$555.0M
$256.1M
Q1 25
$954.0M
$209.5M
Q4 24
$1.1B
$216.1M
Q3 24
$818.0M
$209.1M
Q2 24
$907.0M
$214.2M
Gross Margin
DHR
DHR
LAD
LAD
Q1 26
60.3%
Q4 25
58.0%
14.9%
Q3 25
58.2%
15.2%
Q2 25
59.3%
15.5%
Q1 25
61.2%
15.4%
Q4 24
59.5%
15.0%
Q3 24
58.7%
15.5%
Q2 24
59.7%
15.4%
Operating Margin
DHR
DHR
LAD
LAD
Q1 26
22.6%
Q4 25
22.0%
3.7%
Q3 25
19.1%
4.4%
Q2 25
12.8%
4.4%
Q1 25
22.2%
4.4%
Q4 24
21.8%
4.5%
Q3 24
16.5%
4.6%
Q2 24
20.3%
4.3%
Net Margin
DHR
DHR
LAD
LAD
Q1 26
17.3%
Q4 25
17.5%
1.5%
Q3 25
15.0%
2.2%
Q2 25
9.3%
2.7%
Q1 25
16.6%
2.3%
Q4 24
16.6%
2.4%
Q3 24
14.1%
2.3%
Q2 24
15.8%
2.3%
EPS (diluted)
DHR
DHR
LAD
LAD
Q1 26
$1.45
Q4 25
$1.69
$5.90
Q3 25
$1.27
$8.61
Q2 25
$0.77
$9.87
Q1 25
$1.32
$7.94
Q4 24
$1.50
$8.09
Q3 24
$1.12
$7.80
Q2 24
$1.22
$7.87

Balance Sheet & Financial Strength

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

Metric
DHR
DHR
LAD
LAD
Cash + ST InvestmentsLiquidity on hand
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$6.6B
Total Assets
$25.1B
Debt / EquityLower = less leverage
1.47×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHR
DHR
LAD
LAD
Q1 26
Q4 25
Q3 25
$206.5M
Q2 25
$202.8M
Q1 25
$234.4M
Q4 24
Q3 24
$209.8M
Q2 24
$516.4M
Total Debt
DHR
DHR
LAD
LAD
Q1 26
Q4 25
$18.4B
$9.7B
Q3 25
$16.9B
Q2 25
$17.4B
Q1 25
$16.5B
Q4 24
$16.0B
$8.2B
Q3 24
$17.5B
Q2 24
$17.0B
Stockholders' Equity
DHR
DHR
LAD
LAD
Q1 26
Q4 25
$52.5B
$6.6B
Q3 25
$51.1B
$6.8B
Q2 25
$52.3B
$7.0B
Q1 25
$50.8B
$6.8B
Q4 24
$49.5B
$6.7B
Q3 24
$51.3B
$6.6B
Q2 24
$49.9B
$6.4B
Total Assets
DHR
DHR
LAD
LAD
Q1 26
Q4 25
$83.5B
$25.1B
Q3 25
$79.9B
$24.5B
Q2 25
$81.6B
$24.2B
Q1 25
$79.1B
$23.5B
Q4 24
$77.5B
$23.1B
Q3 24
$80.6B
$23.3B
Q2 24
$78.6B
$23.2B
Debt / Equity
DHR
DHR
LAD
LAD
Q1 26
Q4 25
0.35×
1.47×
Q3 25
0.33×
Q2 25
0.33×
Q1 25
0.32×
Q4 24
0.32×
1.23×
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
LAD
LAD
Operating Cash FlowLast quarter
$1.3B
$123.7M
Free Cash FlowOCF − Capex
$1.1B
$30.5M
FCF MarginFCF / Revenue
18.2%
0.3%
Capex IntensityCapex / Revenue
4.0%
1.0%
Cash ConversionOCF / Net Profit
1.28×
0.90×
TTM Free Cash FlowTrailing 4 quarters
$5.3B
$5.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHR
DHR
LAD
LAD
Q1 26
$1.3B
Q4 25
$2.1B
$123.7M
Q3 25
$1.7B
$-98.4M
Q2 25
$1.3B
$9.3M
Q1 25
$1.3B
$322.1M
Q4 24
$2.0B
$61.8M
Q3 24
$1.5B
$219.3M
Q2 24
$1.4B
$-148.4M
Free Cash Flow
DHR
DHR
LAD
LAD
Q1 26
$1.1B
Q4 25
$1.7B
$30.5M
Q3 25
$1.4B
$-207.3M
Q2 25
$1.1B
$-70.8M
Q1 25
$1.1B
$253.4M
Q4 24
$1.5B
$-17.7M
Q3 24
$1.2B
$157.1M
Q2 24
$1.1B
$-278.5M
FCF Margin
DHR
DHR
LAD
LAD
Q1 26
18.2%
Q4 25
25.5%
0.3%
Q3 25
22.6%
-2.1%
Q2 25
18.4%
-0.7%
Q1 25
18.4%
2.8%
Q4 24
23.0%
-0.2%
Q3 24
21.0%
1.7%
Q2 24
19.7%
-3.0%
Capex Intensity
DHR
DHR
LAD
LAD
Q1 26
4.0%
Q4 25
5.4%
1.0%
Q3 25
4.8%
1.1%
Q2 25
4.2%
0.8%
Q1 25
4.3%
0.7%
Q4 24
7.9%
0.9%
Q3 24
5.1%
0.7%
Q2 24
5.0%
1.4%
Cash Conversion
DHR
DHR
LAD
LAD
Q1 26
1.28×
Q4 25
1.77×
0.90×
Q3 25
1.83×
-0.45×
Q2 25
2.41×
0.04×
Q1 25
1.36×
1.54×
Q4 24
1.86×
0.29×
Q3 24
1.85×
1.05×
Q2 24
1.56×
-0.69×

Financial Flow Comparison

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

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