DHR
Danaher Corporation Healthcare - Life Sciences Investor Relations →
Danaher Corporation (DHR) closed at $161.91 as of 2026-05-15, trading 27.3% below its 200-week moving average of $222.76. This places DHR in the extreme value zone. The stock is currently moving closer to the line, down from -23.3% last week. With a 14-week RSI of 20, DHR is in oversold territory.
Trading volume is running at 1.4x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.76 ratio) is neutral — neither side is clearly dominating.
Over the past 2424 weeks of data, DHR has crossed below its 200-week moving average 15 times. On average, these episodes lasted 20 weeks. Historically, investors who bought DHR at the start of these episodes saw an average one-year return of +17.9%.
With a market cap of $114.6 billion, DHR is a large-cap stock. The company generates a free cash flow yield of 4.0%. Return on equity stands at 7.1%. The stock trades at 2.2x book value.
Over the past 33.4 years, a hypothetical investment of $100 in DHR would have grown to $24118, compared to $3058 for the S&P 500. That represents an annualized return of 17.8% vs 10.8% for the index — confirming DHR as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been declining at a -10.8% compound annual rate. A deteriorating cash flow trend warrants extra scrutiny — the stock may be cheap for a reason.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: DHR vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After DHR Crosses Below the Line?
Across 10 historical episodes, buying DHR when it crossed below its 200-week moving average produced an average return of +21.0% after 12 months (median +24.0%), compared to +14.6% for the S&P 500 over the same periods. 89% of those episodes were profitable after one year. After 24 months, the average return was +36.9% vs +31.6% for the index.
Each line shows $100 invested at the moment DHR crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices DHR would reach each dislocation threshold.
Dislocation Price Levels
Prices where DHR's Bean Score would hit each σ threshold. Valid until next earnings report (last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $154.14 | Unusually cheap — potential buy zone |
| Value | +1σ | $164.38 | Cheap vs. own history |
| Fair Value | +0σ | $176.08 | Historical mean behavior |
| Expensive | -1σ | $189.58 | Expensive vs. own history |
| Deep Expensive | -2σ | $205.31 | Unusually expensive — potential trim zone |
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Historical Touches
DHR has crossed below its 200-week MA 15 times with an average 1-year return of +17.9% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Dec 1979 | Aug 1980 | 33 | 35.8% | -18.9% | +286704.4% |
| Aug 1980 | Dec 1980 | 19 | 15.0% | +5.9% | +312009.4% |
| Aug 1981 | May 1983 | 91 | 47.2% | -47.2% | +294669.7% |
| Jul 1983 | Sep 1983 | 11 | 14.2% | +76.7% | +353624.5% |
| Oct 1990 | Nov 1990 | 1 | 1.5% | +31.0% | +45640.2% |
| Sep 2001 | Oct 2001 | 3 | 7.8% | +20.4% | +3451.2% |
| Sep 2002 | Sep 2002 | 2 | 2.7% | +34.9% | +2783.1% |
| Nov 2002 | Nov 2002 | 1 | 0.2% | +47.4% | +2761.5% |
| Sep 2008 | Oct 2009 | 54 | 26.8% | +3.6% | +1187.6% |
| Oct 2009 | Nov 2009 | 1 | 0.5% | +27.4% | +1079.5% |
| May 2023 | May 2023 | 2 | 1.5% | +26.3% | -18.4% |
| Jul 2023 | Jul 2023 | 1 | 0.6% | +16.3% | -20.5% |
| Oct 2023 | Nov 2023 | 6 | 12.7% | +29.8% | -21.5% |
| Nov 2024 | Dec 2025 | 58 | 23.6% | -3.4% | -29.1% |
| Jan 2026 | Ongoing | 16+ | 27.3% | Ongoing | -25.9% |
| Average | 20 | — | +17.9% | — |
Frequently Asked Questions
Is DHR below its 200-week moving average?
Yes. As of 2026-05-15, Danaher Corporation (DHR) is trading 27.3% below its 200-week moving average of $222.76. The current price is $161.91.
What is DHR's 200-week moving average price?
Danaher Corporation's 200-week moving average is $222.76 as of 2026-05-15. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when DHR drops below its 200-week moving average?
DHR has crossed below its 200-week moving average 15 times in our data. On average, buying at that moment produced a one-year return of +17.9%. These dips have historically been decent entry points. These episodes lasted 20 weeks on average.
Is DHR a good value right now?
Here's what our data says about DHR as of 2026-05-15: The stock is below its 200-week moving average, which is the starting point for our analysis. The 14-week RSI is 20 (oversold). Free cash flow yield is 4.0%. Return on equity is 7.1%. Price-to-book is 2.2x. This is not a buy or sell recommendation — always do your own research.
How does DHR compare to the S&P 500?
Over the past 33.4 years, $100 invested in DHR would have grown to $24118, compared to $3058 for the S&P 500. That's 17.8% annualized vs 10.8% for the index. DHR has outperformed the broader market over this period.
Does DHR pay a dividend?
Yes. Danaher Corporation currently pays a dividend yield of 99.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-05-15