Compare · DHR vs WAT

DHR vs WAT

Side-by-side comparison of Danaher Corporation (DHR) and Waters Corporation (WAT): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both companies sit in the Industrials sector. DHR focuses on Industrial Machinery/Components, while WAT focuses on Biotechnology: Laboratory Analytical Instruments.
  • DHR is the larger of the two at $165.55B, about 3.6x WAT ($46.27B).
  • Over the past year, DHR is up 7.2% and WAT is up 21.5% - WAT leads by 14.3 points.
  • DHR has been more active in the news (18 items in the past 4 weeks vs 9 for WAT).
  • Both have 25 recent analyst ratings on file.
PerformanceDHR+7.19%WAT+21.52%
2025-11-12+0.00%2026-11-11
MetricDHRWAT
Company
Danaher Corporation
Waters Corporation
Price
-
-
Market cap
$165.55B
$46.27B
1M return
+5.44%
+9.71%
1Y return
+7.19%
+21.52%
Industry
Industrial Machinery/Components
Biotechnology: Laboratory Analytical Instruments
Exchange
NYSE
NYSE
IPO
1995
News (4w)
18
9
Recent ratings
25
25
DHR

Danaher Corporation

Danaher Corporation designs, manufactures, and markets professional, medical, industrial, and commercial products and services worldwide. The company operates through three segments: Life Sciences, Diagnostics, and Environmental & Applied Solutions. The Life Sciences segment provides mass spectrometers; cellular analysis, lab automation, and centrifugation instruments; microscopes; and genomics consumables. This segment also offers bioprocess technologies, consumables, and services; and filtration, separation, and purification technologies to the pharmaceutical and biopharmaceutical, food and beverage, medical, and life sciences companies, as well as universities, medical schools and research institutions, and various industrial manufacturers. The Diagnostics segment provides chemistry, immunoassay, microbiology, and automation systems, as well as hematology and molecular diagnostics products. This segment offers analytical instruments, reagents, consumables, software, and services for hospitals, physicians' offices, reference laboratories, and other critical care settings. The Environmental & Applied Solutions segment offers instrumentation, consumables, software, services, and disinfection systems to analyze, treat, and manage ultra-pure, potable, industrial, waste, ground, source, and ocean water in residential, commercial, industrial, and natural resource applications. This segment also provides instruments, software, services, and consumables for various color and appearance management, packaging design and quality management, packaging converting, printing, marking, coding, and traceability applications for consumer, pharmaceutical, and industrial products. The company was formerly known as Diversified Mortgage Investors, Inc. and changed its name to Danaher Corporation in 1984. Danaher Corporation was founded in 1969 and is headquartered in Washington, the District of Columbia.

WAT

Waters Corporation

Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company's offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company has a collaboration with Genovis AB to develop and market biopharmaceutical characterization workflows based on the its BioAccord LC-MS System, Andrew+ pipetting robot and Genovis SmartEnzymes. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.

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