DHR · 10-Q · 2026Q2 · Full report

Income Tax Rate Changes

DANAHER CORP /DE/ · 2026-07-21 · Importance 35 · Surprise 48 · In source text

Danaher’s effective tax rate was 19.3% for the three-month period ended June 26, 2026, compared with 15.3% for the comparable 2025 period. Net discrete tax charges of $21 million increased the three-month 2026 effective tax rate by 1.9%. For the six-month period, the effective tax rate was 17.9% in 2026 versus 15.4% in 2025, with $21 million of discrete charges increasing the rate by 0.9%. Danaher expects an effective tax rate of approximately 17.0% for the remainder of 2026.

Key facts

• The Company expects its effective tax rate for the remainder of 2026 to be approximately 17.0% based on its projected mix of earnings. source
• For the three-month period ended June 26, 2026, net discrete tax charges of $21 million increased the effective tax rate by 1.9%. source
• For the six-month period ended June 26, 2026, net discrete tax charges of $21 million increased the effective tax rate by 0.9%. source
• The Company believes that a change in the statutory tax rate of any individual foreign country (excluding U.S., China, Denmark, Germany, Singapore, Sweden, Switzerland and the United Kingdom) would not have a material impact on the Company’s financial statements due to geographical dispersion of taxable income. source

Impact estimates