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Side-by-side financial comparison of Danaher Corporation (DHR) and LEAR CORP (LEA). Click either name above to swap in a different company.
Danaher Corporation is the larger business by last-quarter revenue ($6.0B vs $5.8B, roughly 1.0× LEAR CORP). Danaher Corporation runs the higher net margin — 17.3% vs 3.0%, a 14.3% gap on every dollar of revenue. On growth, LEAR CORP posted the faster year-over-year revenue change (4.7% vs 3.7%). Over the past eight quarters, Danaher Corporation's revenue compounded faster (1.8% CAGR vs -1.6%).
Danaher CorporationDHREarnings & Financial Report
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,...
Lear Corporation is an American company that manufactures automotive seating and electrical systems. In 2019, it ranked #147 and in 2018, it ranked #148 on the Fortune 500 list.
DHR vs LEA — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $6.0B | $5.8B |
| Net Profit | $1.0B | $172.3M |
| Gross Margin | 60.3% | 7.7% |
| Operating Margin | 22.6% | — |
| Net Margin | 17.3% | 3.0% |
| Revenue YoY | 3.7% | 4.7% |
| Net Profit YoY | 7.9% | 113.5% |
| EPS (diluted) | $1.45 | $3.34 |
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.
| Q1 26 | $6.0B | $5.8B | ||
| Q4 25 | $6.8B | $6.0B | ||
| Q3 25 | $6.1B | $5.7B | ||
| Q2 25 | $5.9B | $6.0B | ||
| Q1 25 | $5.7B | $5.6B | ||
| Q4 24 | $6.5B | $5.7B | ||
| Q3 24 | $5.8B | $5.6B | ||
| Q2 24 | $5.7B | $6.0B |
| Q1 26 | $1.0B | $172.3M | ||
| Q4 25 | $1.2B | $82.7M | ||
| Q3 25 | $908.0M | $108.2M | ||
| Q2 25 | $555.0M | $165.2M | ||
| Q1 25 | $954.0M | $80.7M | ||
| Q4 24 | $1.1B | $88.1M | ||
| Q3 24 | $818.0M | $135.8M | ||
| Q2 24 | $907.0M | $173.1M |
| Q1 26 | 60.3% | 7.7% | ||
| Q4 25 | 58.0% | 5.7% | ||
| Q3 25 | 58.2% | 6.4% | ||
| Q2 25 | 59.3% | 7.3% | ||
| Q1 25 | 61.2% | 6.5% | ||
| Q4 24 | 59.5% | 6.8% | ||
| Q3 24 | 58.7% | 7.3% | ||
| Q2 24 | 59.7% | 7.5% |
| Q1 26 | 22.6% | — | ||
| Q4 25 | 22.0% | 2.6% | ||
| Q3 25 | 19.1% | 3.4% | ||
| Q2 25 | 12.8% | 4.1% | ||
| Q1 25 | 22.2% | 3.3% | ||
| Q4 24 | 21.8% | 3.7% | ||
| Q3 24 | 16.5% | 3.9% | ||
| Q2 24 | 20.3% | 4.3% |
| Q1 26 | 17.3% | 3.0% | ||
| Q4 25 | 17.5% | 1.4% | ||
| Q3 25 | 15.0% | 1.9% | ||
| Q2 25 | 9.3% | 2.7% | ||
| Q1 25 | 16.6% | 1.5% | ||
| Q4 24 | 16.6% | 1.5% | ||
| Q3 24 | 14.1% | 2.4% | ||
| Q2 24 | 15.8% | 2.9% |
| Q1 26 | $1.45 | $3.34 | ||
| Q4 25 | $1.69 | $1.58 | ||
| Q3 25 | $1.27 | $2.02 | ||
| Q2 25 | $0.77 | $3.06 | ||
| Q1 25 | $1.32 | $1.49 | ||
| Q4 24 | $1.50 | $1.64 | ||
| Q3 24 | $1.12 | $2.41 | ||
| Q2 24 | $1.22 | $3.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $881.9M |
| Total DebtLower is stronger | — | $2.7B |
| Stockholders' EquityBook value | — | $5.3B |
| Total Assets | — | $15.5B |
| Debt / EquityLower = less leverage | — | 0.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $881.9M | ||
| Q4 25 | — | $1.0B | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $887.9M | ||
| Q1 25 | — | $779.9M | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $763.9M | ||
| Q2 24 | — | $950.3M |
| Q1 26 | — | $2.7B | ||
| Q4 25 | $18.4B | $2.7B | ||
| Q3 25 | $16.9B | $2.8B | ||
| Q2 25 | $17.4B | $2.8B | ||
| Q1 25 | $16.5B | $2.7B | ||
| Q4 24 | $16.0B | $2.7B | ||
| Q3 24 | $17.5B | $2.8B | ||
| Q2 24 | $17.0B | $2.7B |
| Q1 26 | — | $5.3B | ||
| Q4 25 | $52.5B | $5.0B | ||
| Q3 25 | $51.1B | $5.1B | ||
| Q2 25 | $52.3B | $5.1B | ||
| Q1 25 | $50.8B | $4.7B | ||
| Q4 24 | $49.5B | $4.5B | ||
| Q3 24 | $51.3B | $4.8B | ||
| Q2 24 | $49.9B | $4.8B |
| Q1 26 | — | $15.5B | ||
| Q4 25 | $83.5B | $14.8B | ||
| Q3 25 | $79.9B | $15.2B | ||
| Q2 25 | $81.6B | $15.3B | ||
| Q1 25 | $79.1B | $14.6B | ||
| Q4 24 | $77.5B | $14.0B | ||
| Q3 24 | $80.6B | $14.8B | ||
| Q2 24 | $78.6B | $14.7B |
| Q1 26 | — | 0.52× | ||
| Q4 25 | 0.35× | 0.54× | ||
| Q3 25 | 0.33× | 0.54× | ||
| Q2 25 | 0.33× | 0.54× | ||
| Q1 25 | 0.32× | 0.59× | ||
| Q4 24 | 0.32× | 0.61× | ||
| Q3 24 | 0.34× | 0.58× | ||
| Q2 24 | 0.34× | 0.57× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.3B | $98.1M |
| Free Cash FlowOCF − Capex | — | $-26.5M |
| FCF MarginFCF / Revenue | — | -0.5% |
| Capex IntensityCapex / Revenue | 4.0% | 2.1% |
| Cash ConversionOCF / Net Profit | 1.28× | 0.57× |
| TTM Free Cash FlowTrailing 4 quarters | — | $732.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.3B | $98.1M | ||
| Q4 25 | $2.1B | $475.9M | ||
| Q3 25 | $1.7B | $444.4M | ||
| Q2 25 | $1.3B | $296.2M | ||
| Q1 25 | $1.3B | $-127.7M | ||
| Q4 24 | $2.0B | $680.8M | ||
| Q3 24 | $1.5B | $182.7M | ||
| Q2 24 | $1.4B | $291.2M |
| Q1 26 | — | $-26.5M | ||
| Q4 25 | $1.7B | $281.1M | ||
| Q3 25 | $1.4B | $307.0M | ||
| Q2 25 | $1.1B | $170.8M | ||
| Q1 25 | $1.1B | $-231.7M | ||
| Q4 24 | $1.5B | $488.7M | ||
| Q3 24 | $1.2B | $50.5M | ||
| Q2 24 | $1.1B | $170.4M |
| Q1 26 | — | -0.5% | ||
| Q4 25 | 25.5% | 4.7% | ||
| Q3 25 | 22.6% | 5.4% | ||
| Q2 25 | 18.4% | 2.8% | ||
| Q1 25 | 18.4% | -4.2% | ||
| Q4 24 | 23.0% | 8.6% | ||
| Q3 24 | 21.0% | 0.9% | ||
| Q2 24 | 19.7% | 2.8% |
| Q1 26 | 4.0% | 2.1% | ||
| Q4 25 | 5.4% | 3.3% | ||
| Q3 25 | 4.8% | 2.4% | ||
| Q2 25 | 4.2% | 2.1% | ||
| Q1 25 | 4.3% | 1.9% | ||
| Q4 24 | 7.9% | 3.4% | ||
| Q3 24 | 5.1% | 2.4% | ||
| Q2 24 | 5.0% | 2.0% |
| Q1 26 | 1.28× | 0.57× | ||
| Q4 25 | 1.77× | 5.75× | ||
| Q3 25 | 1.83× | 4.11× | ||
| Q2 25 | 2.41× | 1.79× | ||
| Q1 25 | 1.36× | -1.58× | ||
| Q4 24 | 1.86× | 7.73× | ||
| Q3 24 | 1.85× | 1.35× | ||
| Q2 24 | 1.56× | 1.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
DHR
Segment breakdown not available.
LEA
| Seating | $4.4B | 76% |
| E-Systems | $1.4B | 24% |
