Company: DHR
Filing Date: 2025-07-22
Form Type: 10-Q
Source: 0000313616-25-000153
Chunk: 139

Company: DANAHER CORP /DE/
Filing Date: 2025-07-22
Form: 10-Q
Item: Item 2
Chunk 139
---
 %Core sales growth (non-GAAP)1.5 %1.0 %

27

Operating Profit Performance 

Operating profit margins decreased 750 basis points from 20.3% during the three-month period ended June 28, 2024 to 12.8% for the three-month period ended June 27, 2025.  

Second quarter 2025 vs. second quarter 2024 operating profit margin comparisons were unfavorably impacted by:

•Second quarter 2025 impairment charge related to a trade name in the Life Sciences segment.  Refer to Note 8 to the accompanying Consolidated Condensed Financial Statements for additional information - 730 basis points

•Incremental dilutive effect in 2025 of acquired businesses and the impact of a product line disposition which did not qualify as discontinued operations - 30 basis points

Second quarter 2025 vs. second quarter 2024 operating profit margin comparisons were favorably impacted by:

•Higher 2025 core sales and changes in leverage from the Company’s operations and administrative cost structure, net of the impact of currency exchange rates - 10 basis points

Operating profit margins decreased 410 basis points from 21.5% during the six-month period ended June 28, 2024 to 17.4% for the six-month period ended June 27, 2025.  

Year-to-date 2025 vs. year-to-date 2024 operating profit margin comparisons were unfavorably impacted by:

•First half of 2025 impairment charges related to a trade name in the Life Sciences segment and a facility in the Biotechnology segment - 385 basis points

•Incremental dilutive effect in 2025 of acquired businesses and the impact of a product line disposition which did not qualify as discontinued operations - 30 basis points

•The impact of product mix, changes in leverage from the Company’s operations and administrative cost structure and the impact of currency exchange rates, net of higher 2025 core sales - 15 basis points

Year-to-date 2025 vs. year-to-date 2024 operating profit margin comparisons were favorably impacted by:

•First half of 2024 acquisition-related fair value adjustment to inventory - 20 basis points

Business Segments

Sales by business segment for each of the periods indicated were as follows ($ in millions):

 Three-Month Period EndedSix-Month Period Ended June 27, 2025June 28, 2024June 27, 2025June 28,