Danaher Corporation

Danaher Corporation is an American globally diversified conglomerate founded by brothers Steven and Mitchell Rales in 1984. Headquartered in Washington, D.C., the company designs, manufactures, and markets medical, industrial, and commercial products and services. It has primarily grown by acquisitions, and historically has tried to maintain a very low public profile. Danaher was one of the first companies in North America to adopt the Kaizen principles to manufacturing, which is a lean manufacturing Japanese philosophy of continuous improvement and elimination of waste.

Danaher Corporation
Company typePublic
Traded as
  • NYSE: DHR
  • S&P 100 component
  • S&P 500 component
IndustryConglomerate
Founded
  • 1969 (1969) (as DMG)
  • 1984 (1984) (as Danaher)
FoundersSteven and Mitchell Rales
HeadquartersWashington, D.C., U.S.
Area served
Worldwide
Key people
Steven Rales, Chairman of the Board
Mitchell Rales, Chairman of the Executive Committee
Rainer M. Blair, President & CEO
Matt McGrew, Executive VP & CFO
Revenue US$23.9 billion (2023)
US$5.20 billion (2023)
Net income
US$4.76 billion (2023)
Total assets US$84.5 billion (2023)
Total equity US$53.5 billion (2023)
Number of employees
c.63,000 (2023)
DivisionsList of divisions
Websitedanaher.com
Footnotes / references
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