Company: Danaher Corporation
Ticker: DHR
Form: 10-K
Filed: 2026-02-24
Fiscal Period: {"fp": "FY", "fy": 2025}

Question: What was Danaher Corporation's net margin in fiscal year 2025?
Question Type: derived_ratio

Concept: NetIncomeLoss
RevenueFromContractWithCustomerExcludingAssessedTax
Answer (Numeric): 14.71
Answer (Display): 14.71%
Unit: percent

Evidence:
[{"chunk_id": "185", "equivalent_chunk_ids": ["185"], "section": "CONSOLIDATED STATEMENTS OF EARNINGS", "supports": ["numerator", "denominator"], "text": "($ and shares in millions, except per share amounts)\nYear Ended December 31\nSales\n24,568\n23,875\n23,890\nCost of sales\n10,045\n9,669\n9,856\nGross profit\n14,523\n14,206\n14,034\nOperating costs:\nSelling, general and administrative expenses\n8,235\n7,759\n7,329\nResearch and development expenses\n1,598\n1,584\n1,503\nOperating profit\n4,690\n4,863\n5,202\nNonoperating income (expense):\nOther income (expense), net\nInterest expense\nInterest income\nEarnings from continuing operations before income taxes\n4,233\n4,646\n5,044\nIncome taxes\nNet earnings from continuing operations\n3,600\n3,899\n4,221\nEarnings from discontinued operations, net of income taxes\nNet earnings\n3,614\n3,899\n4,764\nMandatory convertible preferred stock dividends\nNet earnings attributable to common stockholders\n3,614\n3,899\n4,743\nNet earnings per common share from continuing operations:\nBasic\n5.05\n5.33\n5.70\nDiluted\n5.03\n5.29\n5.65\nNet earnings per common share from discontinued operations:\nBasic\n0.02\n0.74\nDiluted\n0.02\n0.73\nNet earnings per common share:\nBasic\n5.07\n5.33\n6.44\nDiluted\n5.05\n5.29\n6.38\nAverage common stock and common equivalent shares outstanding:\nBasic\n712.7\n731.0\n736.5\nDiluted\n716.1\n737.2\n743.1\nSee the accompanying Notes to the Consolidated Financial Statements.\nDANAHER CORPORATION AND SUBSIDIARIES"}]

Derivation: {"denominator": "revenue", "denominator_value": 24568.0, "format": "percentage", "numerator": "net_income", "numerator_value": 3614.0, "op": "divide"}