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

Danaher Corporation is the larger business by last-quarter revenue ($6.0B vs $4.8B, roughly 1.2× Synchrony Financial). Danaher Corporation runs the higher net margin — 17.3% vs 15.8%, a 1.5% gap on every dollar of revenue. On growth, Synchrony Financial posted the faster year-over-year revenue change (3.7% vs 3.7%). Over the past eight quarters, Synchrony Financial's revenue compounded faster (4.0% 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,...

Synchrony Financial is an American consumer financial services company with its headquarters in Stamford, Connecticut, United States. The company offers consumer financing products, including credit, promotional financing and loyalty programs, installment lending to industries and consumers through Synchrony Bank, its wholly owned online bank subsidiary.

DHR vs SYF — Head-to-Head

Bigger by revenue
DHR
DHR
1.2× larger
DHR
$6.0B
$4.8B
SYF
Growing faster (revenue YoY)
SYF
SYF
+0.0% gap
SYF
3.7%
3.7%
DHR
Higher net margin
DHR
DHR
1.5% more per $
DHR
17.3%
15.8%
SYF
Faster 2-yr revenue CAGR
SYF
SYF
Annualised
SYF
4.0%
1.8%
DHR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DHR
DHR
SYF
SYF
Revenue
$6.0B
$4.8B
Net Profit
$1.0B
$751.0M
Gross Margin
60.3%
Operating Margin
22.6%
20.0%
Net Margin
17.3%
15.8%
Revenue YoY
3.7%
3.7%
Net Profit YoY
7.9%
-3.0%
EPS (diluted)
$1.45
$2.03

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
SYF
SYF
Q1 26
$6.0B
Q4 25
$6.8B
$4.8B
Q3 25
$6.1B
$4.7B
Q2 25
$5.9B
$4.5B
Q1 25
$5.7B
$4.5B
Q4 24
$6.5B
$4.6B
Q3 24
$5.8B
$4.6B
Q2 24
$5.7B
$4.4B
Net Profit
DHR
DHR
SYF
SYF
Q1 26
$1.0B
Q4 25
$1.2B
$751.0M
Q3 25
$908.0M
$1.1B
Q2 25
$555.0M
$967.0M
Q1 25
$954.0M
$757.0M
Q4 24
$1.1B
$774.0M
Q3 24
$818.0M
$789.0M
Q2 24
$907.0M
$643.0M
Gross Margin
DHR
DHR
SYF
SYF
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
SYF
SYF
Q1 26
22.6%
Q4 25
22.0%
20.0%
Q3 25
19.1%
30.3%
Q2 25
12.8%
27.8%
Q1 25
22.2%
22.0%
Q4 24
21.8%
21.2%
Q3 24
16.5%
22.3%
Q2 24
20.3%
19.2%
Net Margin
DHR
DHR
SYF
SYF
Q1 26
17.3%
Q4 25
17.5%
15.8%
Q3 25
15.0%
22.8%
Q2 25
9.3%
21.4%
Q1 25
16.6%
17.0%
Q4 24
16.6%
16.9%
Q3 24
14.1%
17.1%
Q2 24
15.8%
14.6%
EPS (diluted)
DHR
DHR
SYF
SYF
Q1 26
$1.45
Q4 25
$1.69
$2.03
Q3 25
$1.27
$2.86
Q2 25
$0.77
$2.50
Q1 25
$1.32
$1.89
Q4 24
$1.50
$1.92
Q3 24
$1.12
$1.94
Q2 24
$1.22
$1.55

Balance Sheet & Financial Strength

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

Metric
DHR
DHR
SYF
SYF
Cash + ST InvestmentsLiquidity on hand
$15.0B
Total DebtLower is stronger
$15.2B
Stockholders' EquityBook value
$16.8B
Total Assets
$119.1B
Debt / EquityLower = less leverage
0.91×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHR
DHR
SYF
SYF
Q1 26
Q4 25
$15.0B
Q3 25
$16.2B
Q2 25
$19.5B
Q1 25
$21.6B
Q4 24
$14.7B
Q3 24
$17.9B
Q2 24
$18.6B
Total Debt
DHR
DHR
SYF
SYF
Q1 26
Q4 25
$18.4B
$15.2B
Q3 25
$16.9B
$14.4B
Q2 25
$17.4B
$16.0B
Q1 25
$16.5B
$17.0B
Q4 24
$16.0B
$15.5B
Q3 24
$17.5B
$15.6B
Q2 24
$17.0B
$15.6B
Stockholders' Equity
DHR
DHR
SYF
SYF
Q1 26
Q4 25
$52.5B
$16.8B
Q3 25
$51.1B
$17.1B
Q2 25
$52.3B
$17.0B
Q1 25
$50.8B
$16.6B
Q4 24
$49.5B
$16.6B
Q3 24
$51.3B
$16.0B
Q2 24
$49.9B
$15.5B
Total Assets
DHR
DHR
SYF
SYF
Q1 26
Q4 25
$83.5B
$119.1B
Q3 25
$79.9B
$117.0B
Q2 25
$81.6B
$120.5B
Q1 25
$79.1B
$122.0B
Q4 24
$77.5B
$119.5B
Q3 24
$80.6B
$119.2B
Q2 24
$78.6B
$120.5B
Debt / Equity
DHR
DHR
SYF
SYF
Q1 26
Q4 25
0.35×
0.91×
Q3 25
0.33×
0.85×
Q2 25
0.33×
0.94×
Q1 25
0.32×
1.03×
Q4 24
0.32×
0.93×
Q3 24
0.34×
0.98×
Q2 24
0.34×
1.01×

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
SYF
SYF
Operating Cash FlowLast quarter
$1.3B
$2.5B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
4.0%
Cash ConversionOCF / Net Profit
1.28×
3.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHR
DHR
SYF
SYF
Q1 26
$1.3B
Q4 25
$2.1B
$2.5B
Q3 25
$1.7B
$2.6B
Q2 25
$1.3B
$2.6B
Q1 25
$1.3B
$2.2B
Q4 24
$2.0B
$2.4B
Q3 24
$1.5B
$2.8B
Q2 24
$1.4B
$2.5B
Free Cash Flow
DHR
DHR
SYF
SYF
Q1 26
Q4 25
$1.7B
Q3 25
$1.4B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.5B
Q3 24
$1.2B
Q2 24
$1.1B
FCF Margin
DHR
DHR
SYF
SYF
Q1 26
Q4 25
25.5%
Q3 25
22.6%
Q2 25
18.4%
Q1 25
18.4%
Q4 24
23.0%
Q3 24
21.0%
Q2 24
19.7%
Capex Intensity
DHR
DHR
SYF
SYF
Q1 26
4.0%
Q4 25
5.4%
Q3 25
4.8%
Q2 25
4.2%
Q1 25
4.3%
Q4 24
7.9%
Q3 24
5.1%
Q2 24
5.0%
Cash Conversion
DHR
DHR
SYF
SYF
Q1 26
1.28×
Q4 25
1.77×
3.27×
Q3 25
1.83×
2.45×
Q2 25
2.41×
2.65×
Q1 25
1.36×
2.91×
Q4 24
1.86×
3.04×
Q3 24
1.85×
3.50×
Q2 24
1.56×
3.86×

Financial Flow Comparison

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

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