vs

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

Block, Inc. is the larger business by last-quarter revenue ($6.3B vs $6.0B, roughly 1.1× Danaher Corporation). Danaher Corporation runs the higher net margin — 17.3% vs 1.9%, a 15.4% gap on every dollar of revenue. On growth, Danaher Corporation posted the faster year-over-year revenue change (3.7% vs 3.6%). Danaher Corporation produced more free cash flow last quarter ($1.1B vs $579.8M). Over the past eight quarters, Block, Inc.'s revenue compounded faster (2.4% 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,...

Block, Inc. is an American technology company and a financial services provider for consumers and merchants. Founded in 2009 by Jack Dorsey, it is the U.S. market leader in point-of-sale systems. As of 2024, Block serves 57 million users and 4 million sellers, processing $241 billion in payments annually.

DHR vs XYZ — Head-to-Head

Bigger by revenue
XYZ
XYZ
1.1× larger
XYZ
$6.3B
$6.0B
DHR
Growing faster (revenue YoY)
DHR
DHR
+0.0% gap
DHR
3.7%
3.6%
XYZ
Higher net margin
DHR
DHR
15.4% more per $
DHR
17.3%
1.9%
XYZ
More free cash flow
DHR
DHR
$505.2M more FCF
DHR
$1.1B
$579.8M
XYZ
Faster 2-yr revenue CAGR
XYZ
XYZ
Annualised
XYZ
2.4%
1.8%
DHR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
DHR
DHR
XYZ
XYZ
Revenue
$6.0B
$6.3B
Net Profit
$1.0B
$115.8M
Gross Margin
60.3%
45.9%
Operating Margin
22.6%
7.8%
Net Margin
17.3%
1.9%
Revenue YoY
3.7%
3.6%
Net Profit YoY
7.9%
-94.1%
EPS (diluted)
$1.45
$0.19

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
XYZ
XYZ
Q1 26
$6.0B
Q4 25
$6.8B
$6.3B
Q3 25
$6.1B
$6.1B
Q2 25
$5.9B
$6.1B
Q1 25
$5.7B
$5.8B
Q4 24
$6.5B
$6.0B
Q3 24
$5.8B
$6.0B
Q2 24
$5.7B
$6.2B
Net Profit
DHR
DHR
XYZ
XYZ
Q1 26
$1.0B
Q4 25
$1.2B
$115.8M
Q3 25
$908.0M
$461.5M
Q2 25
$555.0M
$538.5M
Q1 25
$954.0M
$189.9M
Q4 24
$1.1B
$1.9B
Q3 24
$818.0M
$283.8M
Q2 24
$907.0M
$195.3M
Gross Margin
DHR
DHR
XYZ
XYZ
Q1 26
60.3%
Q4 25
58.0%
45.9%
Q3 25
58.2%
43.5%
Q2 25
59.3%
41.9%
Q1 25
61.2%
39.7%
Q4 24
59.5%
38.3%
Q3 24
58.7%
37.6%
Q2 24
59.7%
36.3%
Operating Margin
DHR
DHR
XYZ
XYZ
Q1 26
22.6%
Q4 25
22.0%
7.8%
Q3 25
19.1%
6.7%
Q2 25
12.8%
8.0%
Q1 25
22.2%
5.7%
Q4 24
21.8%
0.2%
Q3 24
16.5%
5.4%
Q2 24
20.3%
5.0%
Net Margin
DHR
DHR
XYZ
XYZ
Q1 26
17.3%
Q4 25
17.5%
1.9%
Q3 25
15.0%
7.5%
Q2 25
9.3%
8.9%
Q1 25
16.6%
3.3%
Q4 24
16.6%
32.3%
Q3 24
14.1%
4.7%
Q2 24
15.8%
3.2%
EPS (diluted)
DHR
DHR
XYZ
XYZ
Q1 26
$1.45
Q4 25
$1.69
$0.19
Q3 25
$1.27
$0.74
Q2 25
$0.77
$0.87
Q1 25
$1.32
$0.30
Q4 24
$1.50
$3.06
Q3 24
$1.12
$0.45
Q2 24
$1.22
$0.31

Balance Sheet & Financial Strength

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

Metric
DHR
DHR
XYZ
XYZ
Cash + ST InvestmentsLiquidity on hand
$6.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$22.2B
Total Assets
$39.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DHR
DHR
XYZ
XYZ
Q1 26
Q4 25
$6.6B
Q3 25
$8.3B
Q2 25
$6.4B
Q1 25
$7.1B
Q4 24
$8.1B
Q3 24
$8.3B
Q2 24
$7.8B
Total Debt
DHR
DHR
XYZ
XYZ
Q1 26
Q4 25
$18.4B
Q3 25
$16.9B
$7.3B
Q2 25
$17.4B
$5.1B
Q1 25
$16.5B
$5.1B
Q4 24
$16.0B
$6.1B
Q3 24
$17.5B
$6.1B
Q2 24
$17.0B
$6.1B
Stockholders' Equity
DHR
DHR
XYZ
XYZ
Q1 26
Q4 25
$52.5B
$22.2B
Q3 25
$51.1B
$22.5B
Q2 25
$52.3B
$22.2B
Q1 25
$50.8B
$21.5B
Q4 24
$49.5B
$21.3B
Q3 24
$51.3B
$19.9B
Q2 24
$49.9B
$19.3B
Total Assets
DHR
DHR
XYZ
XYZ
Q1 26
Q4 25
$83.5B
$39.5B
Q3 25
$79.9B
$39.2B
Q2 25
$81.6B
$36.9B
Q1 25
$79.1B
$36.4B
Q4 24
$77.5B
$36.8B
Q3 24
$80.6B
$36.4B
Q2 24
$78.6B
$37.5B
Debt / Equity
DHR
DHR
XYZ
XYZ
Q1 26
Q4 25
0.35×
Q3 25
0.33×
0.32×
Q2 25
0.33×
0.23×
Q1 25
0.32×
0.24×
Q4 24
0.32×
0.29×
Q3 24
0.34×
0.31×
Q2 24
0.34×
0.32×

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
XYZ
XYZ
Operating Cash FlowLast quarter
$1.3B
$621.0M
Free Cash FlowOCF − Capex
$1.1B
$579.8M
FCF MarginFCF / Revenue
18.2%
9.3%
Capex IntensityCapex / Revenue
4.0%
0.7%
Cash ConversionOCF / Net Profit
1.28×
5.36×
TTM Free Cash FlowTrailing 4 quarters
$5.3B
$2.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DHR
DHR
XYZ
XYZ
Q1 26
$1.3B
Q4 25
$2.1B
$621.0M
Q3 25
$1.7B
$1.5B
Q2 25
$1.3B
$374.3M
Q1 25
$1.3B
$133.3M
Q4 24
$2.0B
$13.8M
Q3 24
$1.5B
$684.8M
Q2 24
$1.4B
$519.4M
Free Cash Flow
DHR
DHR
XYZ
XYZ
Q1 26
$1.1B
Q4 25
$1.7B
$579.8M
Q3 25
$1.4B
$1.4B
Q2 25
$1.1B
$343.0M
Q1 25
$1.1B
$101.5M
Q4 24
$1.5B
$-13.2M
Q3 24
$1.2B
$628.2M
Q2 24
$1.1B
$481.0M
FCF Margin
DHR
DHR
XYZ
XYZ
Q1 26
18.2%
Q4 25
25.5%
9.3%
Q3 25
22.6%
22.9%
Q2 25
18.4%
5.7%
Q1 25
18.4%
1.8%
Q4 24
23.0%
-0.2%
Q3 24
21.0%
10.5%
Q2 24
19.7%
7.8%
Capex Intensity
DHR
DHR
XYZ
XYZ
Q1 26
4.0%
Q4 25
5.4%
0.7%
Q3 25
4.8%
0.8%
Q2 25
4.2%
0.5%
Q1 25
4.3%
0.6%
Q4 24
7.9%
0.4%
Q3 24
5.1%
0.9%
Q2 24
5.0%
0.6%
Cash Conversion
DHR
DHR
XYZ
XYZ
Q1 26
1.28×
Q4 25
1.77×
5.36×
Q3 25
1.83×
3.14×
Q2 25
2.41×
0.70×
Q1 25
1.36×
0.70×
Q4 24
1.86×
0.01×
Q3 24
1.85×
2.41×
Q2 24
1.56×
2.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DHR
DHR

Segment breakdown not available.

XYZ
XYZ

US$5.7B91%
Non Us$560.9M9%

Related Comparisons