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Danaher Corp (NYSE:DHR)
EV/EBIT
20.24 (As of Today)

EV/EBIT ratio is calculated as enterprise value divided by its Earnings Before Interest and Taxes (EBIT). As of today, Danaher Corp's enterprise value is $72,419 Mil. Danaher Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $3,579 Mil. Therefore, Danaher Corp's EV/EBIT ratio for today is 20.24.

DHR' s EV/EBIT Range Over the Past 10 Years
Min: 10.1   Max: 22.7
Current: 19.93

10.1
22.7

During the past 13 years, the highest EV/EBIT Ratio of Danaher Corp was 22.70. The lowest was 10.10. And the median was 15.50.

DHR's EV/EBIT is ranked lower than
69% of the 2018 Companies
in the Global Diversified Industrials industry.

( Industry Median: 13.67 vs. DHR: 19.93 )

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt). Danaher Corp's enterprise value for the quarter that ended in Sep. 2015 was $71,643 Mil. Danaher Corp's earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was $3,579 Mil. Danaher Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 5.00%.


Definition

Danaher Corp's EV/EBIT for today is calculated as:

EV/EBIT=Enterprise Value (Today)/Earnings Before Interest and Taxes (EBIT) (TTM)
=72419.184/3578.8
=20.24

Danaher Corp's current Enterprise Value is $72,419 Mil.
Danaher Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 1055.1 (Dec. 2014 ) + 776.5 (Mar. 2015 ) + 933.4 (Jun. 2015 ) + 813.8 (Sep. 2015 ) = $3,579 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

This is a more accurate valuation of companies' operation because it consider the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt).

Danaher Corp's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 is calculated as:

Earnings Yield (Joel Greenblatt) (Q: Sep. 2015 )=EBIT (TTM)/Enterprise Value (Q: Sep. 2015 )
=3578.8/71643.1609
=5.00 %

Danaher Corp's Enterprise Value for the quarter that ended in Sep. 2015 was $71,643 Mil.
Danaher Corp's Earnings Before Interest and Taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2015 was 1055.1 (Dec. 2014 ) + 776.5 (Mar. 2015 ) + 933.4 (Jun. 2015 ) + 813.8 (Sep. 2015 ) = $3,579 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Related Terms

Enterprise Value, Earnings Yield (Joel Greenblatt), Earnings Before Interest and Taxes (EBIT)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Danaher Corp Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
ev2ebit 16.6617.9310.8116.4713.7314.3613.3114.6416.600.00

Danaher Corp Quarterly Data

Sep13Dec13Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15
ev2ebit 16.0614.6416.7217.1414.1716.6016.6115.9020.020.00
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