DHR vs ILMN
Danaher (DHR) and Illumina (ILMN) compared side by side. Danaher (DHR) is larger, with a market cap of $162.0B versus $40.7B for Illumina, about 4.0 times the size. On trailing earnings, DHR is cheaper at 38.2x versus 50.3x for ILMN.
Head to head
| Metric | DHR | ILMN |
|---|---|---|
| Market cap | $162.0B | $40.7B |
| P/E (TTM) | 38.2x | 50.3x |
| Forward P/E | 24.8x | 44.0x |
| Revenue (TTM) | $25.6B | $4.5B |
| Revenue growth | 8.3% | 9.4% |
| Gross margin | 59.4% | 67.9% |
| Operating margin | 21.1% | 21.1% |
| Free cash flow | $5.5B | $967.0M |
| Dividend yield | 0.69% | None |
| 1-year return | +4.3% | +169.5% |
| 5-year return (annual) | -3.2% | -7.5% |
| Max drawdown | -65% | -96% |
| FI Handbook grade | C+ | C+ |
Highlighted: the stronger figure on metrics where higher or lower is clearly better.
Growth of $10,000 (5 years, price only)
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DHR vs ILMN FAQ
Which is bigger, DHR or ILMN?
Danaher (DHR) is larger, with a market cap of $162.0B versus $40.7B for Illumina, about 4.0 times the size.
Is DHR or ILMN cheaper?
On trailing earnings, DHR is cheaper at 38.2x versus 50.3x for ILMN. A lower P/E can reflect slower expected growth, so compare growth and margins too.
Which stock performed better over the past year, DHR or ILMN?
ILMN returned +169.5% over the past year including dividends, versus +4.3% for DHR, through October 23, 2026.
Which pays a higher dividend, DHR or ILMN?
DHR yields 0.69%; ILMN does not pay a dividend.