Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 6.18B | 7.5% |
| Gross Profit | 3.4B | 0.8% |
| Cost of Revenue | 4.46B | 6.5% |
| Operating expense | 2.44B | 8.1% |
| Net Income | 818M | 9.8% |
| EBITDA | 1.37B | 12.6% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 80.6B | 2.6% |
| Total Liabilities | 29.3B | 2.3% |
| Total Equity | 51.3B | 2.8% |
| Shares Outstanding | 722M | 0.2% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.51B | 6.8% |
| Cash from investing | -606M | 68.3% |
| Cash from financing | -845M | 85.2% |
EPS
Financial Highlights for Danaher in Q3 '24
Danaher reported a revenue of 6.18B, which is a 7.5% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 3.4B, marking a -0.8% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.46B, a 6.5% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 2.44B, showing a 8.1% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 818M, showing a -9.8% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.37B, showing a -12.6% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
Danaher faced some challenges this quarter with a decline in one or more of the key metrics: revenue, gross profit, or net income. Higher operating expenses might indicate increased investments or potential inefficiencies. A decline in EBITDA signals potential operational challenges or increased costs.
