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With a market cap of $166.5 billion, Danaher Corporation (DHR) is a global conglomerate specializing in designing, manufacturing, and marketing professional, medical, industrial, and commercial products and services. Based in Washington, D.C., it operates through key segments including Biotechnology; Life Sciences; Diagnostics; and Environmental & Applied Solutions.
Shares of the industrial and medical device maker have underperformed the broader market over the past 52 weeks. DHR stock has risen 10.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 30.4%. In 2024, shares of DHR are down marginally, compared to SPX's 23.1% gain on a YTD basis.