Similar companies
Income Statement (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Revenue | 5.74B | 0.9% |
| Gross Profit | 3.43B | 1.7% |
| Cost of Revenue | 4.18B | 7.5% |
| Operating expense | 2.26B | 12.5% |
| Net Income | 907M | 16.6% |
| EBITDA | 1.57B | 9.9% |
Balance Sheet (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Total Assets | 78.6B | 5.8% |
| Total Liabilities | 28.7B | 4.3% |
| Total Equity | 49.9B | 6.6% |
| Shares Outstanding | 724M | 2.2% |
Cash Flow (USD)
| Q2 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.42B | 18.5% |
| Cash from investing | -360M | 12.1% |
| Cash from financing | -5.72B | 4197% |
EPS
Financial Highlights for Danaher in Q2 '24
Danaher reported a revenue of 5.74B, which is a 0.9% 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 3.43B, marking a -1.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 4.18B, a -7.5% 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 2.26B, showing a -12.5% 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 907M, showing a -16.6% 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 1.57B, showing a -9.9% 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. A decline in EBITDA signals potential operational challenges or increased costs.
