DHR · 10-Q · 2026Q3 · Full report
Capital Allocation
DANAHER CORP /DE/ · 2026-10-21 · Importance 75 · Surprise 64 · From source text
Danaher paid $790 million in common-stock dividends during the first nine months of 2026, up from $652 million in 2025. The company repurchased $894 million of common stock in 2026, compared with $3.088 billion in 2025. In the third quarter, Danaher declared a regular quarterly dividend of $0.40 per share payable October 30, 2026, to shareholders of record on September 30, 2026. Financing cash flow also included $1.434 billion of repayments of borrowings with maturities longer than 90 days.
Key facts
- Payments for repurchase of common stock: $(894) million for nine-month period ended September 25, 2026 and $(3,088) million for nine-month period ended September 26, 2025. source
- The Company financed the Masimo Acquisition using cash on hand and proceeds from the issuance of long-term debt and commercial paper. source
- Payments of dividends: $(790) million for nine-month period ended September 25, 2026 and $(652) million for nine-month period ended September 26, 2025. source
- Aggregate cash payments for dividends during the nine-month period ended September 25, 2026 were $790 million compared to $652 million for the nine-month period ended September 26, 2025. source
- In the third quarter of 2026, the Company declared a regular quarterly dividend of $0.40 per share payable on October 30, 2026 to holders of record as of September 30, 2026. source
- The increase in dividend payments was due to the increase in the quarterly dividend rate beginning with dividends paid in the second quarters of 2025 and 2026, partially offset by lower average common stock outstanding. source
- Proceeds from the issuance of common stock in connection with stock-based compensation, net: (no amount shown in excerpt). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | positive | realized | +2.4% | Payments for repurchase of common stock: $(894) million for nine-month period ended September 25, 2026 and $(3,088) million for nine-month… |
| cash | negative | realized | -0.1% | Payments of dividends: $(790) million for nine-month period ended September 25, 2026 and $(652) million for nine-month period ended… |
| liability | negative | realized | — | The Company financed the Masimo Acquisition using cash on hand and proceeds from the issuance of long-term debt and commercial paper. |
| liability | negative | committed | — | In the third quarter of 2026, the Company declared a regular quarterly dividend of $0.40 per share payable on October 30, 2026 to holders… |
| cash | negative | committed | — | In the third quarter of 2026, the Company declared a regular quarterly dividend of $0.40 per share payable on October 30, 2026 to holders… |