Company: DHR
Filing Date: 2025-10-21
Form Type: 10-Q
Source: 0000313616-25-000182
Chunk: 120

Company: DANAHER CORP /DE/
Filing Date: 2025-10-21
Form: 10-Q
Item: Item 8
Chunk 120
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-Month Period EndedNine-Month Period Ended($ in millions)September 26, 2025September 27, 2024September 26, 2025September 27, 2024Sales$1,792 $1,782 $5,249 $5,297 Operating profit222 35 184 503 Depreciation47 44 137 123 Amortization of intangible assets154 147 453 428 Operating profit as a % of sales12.4 %2.0 %3.5 %9.5 %Depreciation as a % of sales2.6 %2.5 %2.6 %2.3 %Amortization as a % of sales8.6 %8.2 %8.6 %8.1 %

Sales Growth (Decline) and Core Sales Decline

% Change Three-Month Period Ended September 26, 2025 vs. Comparable 2024 Period% Change Nine-Month Period Ended September 26, 2025 vs. Comparable 2024 PeriodTotal sales growth (decline) (GAAP)0.5 %(1.0)%Impact of:Acquisitions— %(1.0)%Currency exchange rates (1.5)%(0.5)%Core sales decline (non-GAAP)(1.0)%(2.5)%

Price increases in the segment contributed 1.0% and 0.5% to the change in sales on a year-over-year basis during the three and nine-month periods ended September 26, 2025, respectively, and are reflected as a component of core sales above.

32

Total segment sales increased 0.5% and decreased 1.0% during the three and nine-month periods ended September 26, 2025, respectively.  The sales increase during the three-month period was driven by currency exchange rates, partially offset by a decline in core sales.  The sales decline during the nine-month period was primarily a result of decreased core sales, partially offset by the impact of acquisitions and to a lesser extent, the impact of currency exchange rates.  The year-over-year decrease in total segment core sales in the three-month period ended September 26, 2025 was driven by a decline in consumables sales, partially offset by increased demand for equipment.  In the nine-month period ended September 26, 2025,