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

Danaher Corporation is the larger business by last-quarter revenue ($6.0B vs $4.2B, roughly 1.4× Textron). Danaher Corporation runs the higher net margin — 17.3% vs 5.6%, a 11.7% gap on every dollar of revenue. On growth, Textron posted the faster year-over-year revenue change (15.6% vs 3.7%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $527.0M). Over the past eight quarters, Textron's revenue compounded faster (15.4% 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,...

Textron Inc. is an American industrial conglomerate based in Providence, Rhode Island. Textron's subsidiaries include Bell Textron, Kautex, Textron Aviation, and Lycoming Engines. It was founded by Royal Little in 1923 as the Special Yarns Company. In 2020, Textron employed over 33,000 people in 25 countries. The company ranked 265th on the 2021 Fortune 500 of the largest United States corporations by revenue.

DHR vs TXT — Head-to-Head

Bigger by revenue
DHR
DHR
1.4× larger
DHR
$6.0B
$4.2B
TXT
Growing faster (revenue YoY)
TXT
TXT
+11.9% gap
TXT
15.6%
3.7%
DHR
Higher net margin
DHR
DHR
11.7% more per $
DHR
17.3%
5.6%
TXT
More free cash flow
DHR
DHR
$558.0M more FCF
DHR
$1.1B
$527.0M
TXT
Faster 2-yr revenue CAGR
TXT
TXT
Annualised
TXT
15.4%
1.8%
DHR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DHR
DHR
TXT
TXT
Revenue
$6.0B
$4.2B
Net Profit
$1.0B
$235.0M
Gross Margin
60.3%
Operating Margin
22.6%
Net Margin
17.3%
5.6%
Revenue YoY
3.7%
15.6%
Net Profit YoY
7.9%
66.7%
EPS (diluted)
$1.45

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
TXT
TXT
Q1 26
$6.0B
Q4 25
$6.8B
$4.2B
Q3 25
$6.1B
$3.6B
Q2 25
$5.9B
$3.7B
Q1 25
$5.7B
$3.3B
Q4 24
$6.5B
$3.6B
Q3 24
$5.8B
$3.4B
Q2 24
$5.7B
$3.5B
Net Profit
DHR
DHR
TXT
TXT
Q1 26
$1.0B
Q4 25
$1.2B
$235.0M
Q3 25
$908.0M
$234.0M
Q2 25
$555.0M
$245.0M
Q1 25
$954.0M
$207.0M
Q4 24
$1.1B
$141.0M
Q3 24
$818.0M
$223.0M
Q2 24
$907.0M
$259.0M
Gross Margin
DHR
DHR
TXT
TXT
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
TXT
TXT
Q1 26
22.6%
Q4 25
22.0%
Q3 25
19.1%
Q2 25
12.8%
Q1 25
22.2%
Q4 24
21.8%
3.6%
Q3 24
16.5%
7.4%
Q2 24
20.3%
9.2%
Net Margin
DHR
DHR
TXT
TXT
Q1 26
17.3%
Q4 25
17.5%
5.6%
Q3 25
15.0%
6.5%
Q2 25
9.3%
6.6%
Q1 25
16.6%
6.3%
Q4 24
16.6%
3.9%
Q3 24
14.1%
6.5%
Q2 24
15.8%
7.3%
EPS (diluted)
DHR
DHR
TXT
TXT
Q1 26
$1.45
Q4 25
$1.69
Q3 25
$1.27
Q2 25
$0.77
Q1 25
$1.32
$1.13
Q4 24
$1.50
Q3 24
$1.12
Q2 24
$1.22

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
TXT
TXT
Operating Cash FlowLast quarter
$1.3B
$700.0M
Free Cash FlowOCF − Capex
$1.1B
$527.0M
FCF MarginFCF / Revenue
18.2%
12.6%
Capex IntensityCapex / Revenue
4.0%
4.1%
Cash ConversionOCF / Net Profit
1.28×
2.98×
TTM Free Cash FlowTrailing 4 quarters
$5.3B
$929.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHR
DHR
TXT
TXT
Q1 26
$1.3B
Q4 25
$2.1B
$700.0M
Q3 25
$1.7B
$349.0M
Q2 25
$1.3B
$387.0M
Q1 25
$1.3B
$-124.0M
Q4 24
$2.0B
$446.0M
Q3 24
$1.5B
$208.0M
Q2 24
$1.4B
$367.0M
Free Cash Flow
DHR
DHR
TXT
TXT
Q1 26
$1.1B
Q4 25
$1.7B
$527.0M
Q3 25
$1.4B
$273.0M
Q2 25
$1.1B
$309.0M
Q1 25
$1.1B
$-180.0M
Q4 24
$1.5B
$293.0M
Q3 24
$1.2B
$137.0M
Q2 24
$1.1B
$293.0M
FCF Margin
DHR
DHR
TXT
TXT
Q1 26
18.2%
Q4 25
25.5%
12.6%
Q3 25
22.6%
7.6%
Q2 25
18.4%
8.3%
Q1 25
18.4%
-5.4%
Q4 24
23.0%
8.1%
Q3 24
21.0%
4.0%
Q2 24
19.7%
8.3%
Capex Intensity
DHR
DHR
TXT
TXT
Q1 26
4.0%
Q4 25
5.4%
4.1%
Q3 25
4.8%
2.1%
Q2 25
4.2%
2.1%
Q1 25
4.3%
1.7%
Q4 24
7.9%
4.2%
Q3 24
5.1%
2.1%
Q2 24
5.0%
2.1%
Cash Conversion
DHR
DHR
TXT
TXT
Q1 26
1.28×
Q4 25
1.77×
2.98×
Q3 25
1.83×
1.49×
Q2 25
2.41×
1.58×
Q1 25
1.36×
-0.60×
Q4 24
1.86×
3.16×
Q3 24
1.85×
0.93×
Q2 24
1.56×
1.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHR
DHR

Segment breakdown not available.

TXT
TXT

Aircraft$1.2B29%
Military Aircraft And Support Programs$655.0M16%
Aftermarket Parts And Services$551.0M13%
Services$507.0M12%
Fuel Systems And Functional Components$480.0M11%
Textron Systems$323.0M8%
Other$317.0M8%
US Government$119.0M3%
Finance$18.0M0%
Textron E Aviation Segment$7.0M0%

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