DHR

Stock

Danaher Corporation

One email when a drop — in price or in valuation — is historically rare for DHR. Otherwise we stay quiet.

Rare

Rare — pay attention.

Danaher Corporation is 31.2% off its high, 1770 days in — deeper than the vast majority of its 378 recorded drawdowns. This is the kind of decline the severity score exists to flag.

But down is not the same as cheap: Danaher Corporation's P/S Severity Score is 0.0 — its valuation sits in or above its typical range.

Price $199.05 · as of Jul 14, 2026All-time high $289.21Drawdown -31.2%Severity Score™ 6.7
🔴

Very Strong

Current Drawdown

-31.2%

Days in Drawdown

1770

Avg Max Drawdown

4.3%

Avg Length

33

Drawdown Severity Score™

6.7

DHR - Price & High Water Mark

DHR - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 12, 2026 · updated daily

Where today's valuation sits within DHR's own multi-year range, scored with the same Drawdown Severity Score language as price, measured from its typical level rather than its record high — a higher score means it has rarely been cheaper. This is context, not a recommendation.

Price to Sales

5.7xSeverity Score 0.0 · In or above its typical range
Low: 0.86xMedian: 2.2xHigh: 8.8x

Danaher Corporation has been cheaper on this measure only about 76% of the time in 20 years of daily history.

35.4% below its highest Price to Sales reading · high date August 1, 2024

Price to Sales history

EV to EBITDA

21.3xSeverity Score 0.0 · In or above its typical range
Low: 5.9xMedian: 12.3xHigh: 35.4x

Danaher Corporation has been cheaper on this measure only about 78% of the time in 20 years of daily history.

39.8% below its highest EV to EBITDA reading · high date October 16, 2020

EV to EBITDA history · log scale

How we measure valuation

Danaher Corporation (DHR) Analysis: Current Drawdown Insights

Danaher Corporation is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-14, the stock is trading at $199.05, which represents a 31.2% decline from its all-time high of $289.21. This drawdown has persisted for 1770 days.

Based on its full tracked price history, Danaher Corporation typically experiences drawdowns averaging 4.3% in depth, with an average duration of 33 days. Danaher Corporation has gone through 378 total drawdown events in its tracked history. The largest drawdown on record for Danaher Corporation was 60.9%, beginning in 1987. The longest drawdown duration on record was 1044 days.

The Drawdown Severity Score™ for Danaher Corporation currently stands at 6.66. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 5.0 and 8.0 indicates a rare, significant drawdown: the asset seldom sees declines at this level in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Danaher Corporation's historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 378 tracked pullbacks (69 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2021-09-08Ongoing1770 days-31.2%$289.21$199.05n/a
2021-08-312021-09-012 days-0.9%$284.50$282.02$285.01
2021-08-232021-08-308 days-1.0%$279.74$276.95$284.50
2021-08-182021-08-203 days-1.9%$279.22$274.02$279.74
2021-07-302021-08-035 days-0.2%$258.94$258.42$263.02
2021-07-262021-07-283 days-0.4%$253.40$252.45$254.80
2021-07-192021-07-224 days-1.8%$247.76$243.42$251.39
2021-07-072021-07-159 days-0.9%$242.48$240.22$244.42
2021-06-292021-07-013 days-1.2%$236.37$233.47$236.82
2021-06-242021-06-285 days-0.7%$233.54$231.90$236.37
2021-04-262021-06-2157 days-7.5%$225.83$208.81$228.27
2021-02-162021-04-2265 days-13.6%$213.56$184.45$219.87
2020-11-092021-02-1296 days-11.7%$213.00$188.12$213.56
2020-11-052020-11-062 days-0.1%$208.72$208.56$213.00
2020-10-282020-11-048 days-4.3%$208.07$199.19$208.72
2020-10-232020-10-264 days-0.6%$203.04$201.90$203.85
2020-10-192020-10-224 days-1.6%$197.37$194.23$203.04
2020-10-152020-10-162 days-0.5%$196.59$195.61$197.37
2020-10-122020-10-143 days-0.2%$196.17$195.79$196.59
2020-10-082020-10-092 days-0.6%$192.67$191.53$196.17
2020-10-062020-10-072 days-0.1%$189.48$189.38$192.67
2020-10-012020-10-055 days-1.3%$186.86$184.40$189.48
2020-09-032020-09-2826 days-6.6%$182.04$170.06$182.05
2020-08-272020-09-016 days-1.8%$180.50$177.21$180.67
2020-08-242020-08-263 days-1.1%$180.16$178.22$180.50
2020-08-192020-08-213 days-1.0%$180.06$178.31$180.16
2020-08-142020-08-185 days-1.1%$179.63$177.61$180.06
2020-08-042020-08-1310 days-3.3%$179.32$173.41$179.63
2020-07-242020-07-296 days-2.0%$172.72$169.30$175.25
2020-07-102020-07-156 days-1.6%$160.80$158.15$163.29
2020-07-072020-07-082 days-0.5%$158.66$157.83$159.89
2020-06-182020-06-3013 days-2.8%$152.72$148.50$153.31
2020-06-082020-06-169 days-4.8%$150.03$142.82$151.48
2020-06-042020-06-052 days-0.5%$146.92$146.19$150.03
2020-04-282020-06-0337 days-7.0%$146.81$136.55$146.92
2020-01-312020-04-2787 days-28.2%$146.21$104.99$146.81
2020-01-232020-01-297 days-1.6%$141.64$139.42$142.90
2020-01-152020-01-162 days-0.4%$139.58$139.07$139.69
2020-01-032020-01-075 days-0.6%$134.15$133.32$135.03
2019-12-262019-12-316 days-0.2%$132.47$132.17$132.74
2019-12-172019-12-204 days-0.9%$130.83$129.60$132.05
2019-12-132019-12-164 days-1.8%$130.71$128.31$130.83
2019-12-092019-12-102 days-0.5%$128.05$127.46$128.59
2019-12-052019-12-062 days-0.1%$127.27$127.16$128.05
2019-11-292019-12-035 days-0.6%$126.64$125.87$126.73
2019-09-232019-11-2766 days-8.8%$126.39$115.31$126.64
2019-07-052019-09-1977 days-6.8%$125.39$116.84$125.77
2019-06-242019-07-018 days-2.0%$123.88$121.45$124.26
2019-06-172019-06-182 days-0.2%$120.34$120.10$121.53
2019-06-112019-06-122 days-0.0%$118.91$118.86$119.60
2019-05-062019-06-0632 days-3.8%$115.99$111.58$116.28
2011-04-292012-03-30337 days-27.5%$22.58$16.38$22.72
2007-12-262010-11-041044 days-45.7%$17.83$9.68$18.09
2004-11-192006-02-16455 days-17.1%$11.75$9.74$11.94
2002-04-172003-08-14485 days-29.3%$7.52$5.32$7.60
2000-12-292002-02-22421 days-33.7%$6.85$4.54$6.94
1999-04-282000-12-11594 days-45.8%$6.82$3.70$6.84
1998-07-201998-11-16120 days-35.8%$4.55$2.92$4.57
1997-02-031997-06-13130 days-20.7%$2.48$1.97$2.49
1996-07-011996-11-20143 days-17.0%$2.15$1.79$2.17
1995-09-181996-02-15151 days-14.1%$1.70$1.46$1.72
1993-01-131993-04-2097 days-15.9%$0.71$0.60$0.71
1992-08-041992-12-11130 days-17.9%$0.63$0.52$0.64
1991-07-221992-02-06200 days-22.6%$0.57$0.44$0.58
1990-07-311991-06-06311 days-38.6%$0.56$0.35$0.56
1988-07-061990-05-15679 days-36.3%$0.49$0.31$0.49
1987-09-291988-06-08254 days-60.9%$0.41$0.16$0.42
1987-08-101987-09-2547 days-16.4%$0.37$0.31$0.38
1987-04-071987-07-30115 days-16.9%$0.32$0.26$0.32
1986-06-201987-01-05200 days-26.9%$0.16$0.12$0.17

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Danaher Corporation (DHR) is trading at $199.05 as of Jul 14, 2026. It is 31.2% below its high of $289.21. The drawdown has lasted 1,770 days. Severity score: 6.7 (Very Strong).

DHR Price History and Drawdown Data

Latest price

$199.05

High-water mark

$289.21

Current drawdown

-31.2%

Days in drawdown

1,770

This DHR page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Danaher Corporation drawdowns.

What History Says About DHR

Danaher Corporation has dropped 30%+ from its high 7 times in its tracked history. These events lasted an average of 489 days with an average max drop of -42.4%.

The current drawdown of -31.2% has lasted 1,770 days, which is 3.6x the average duration of comparable events.

PeriodMax DropDuration
Sep 1987 to Jun 1988-60.9%254 days
Apr 1999 to Dec 2000-45.8%594 days
Dec 2007 to Nov 2010-45.7%1044 days
Jul 1990 to Jun 1991-38.6%311 days
Jul 1988 to May 1990-36.3%679 days
Jul 1998 to Nov 1998-35.8%120 days

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