How often does Danaher move more than the options market prices?

3 of the last 8 reports moved at least as far as the implied move.

DHRNYSEIndustrial Instruments For Measurement, Display, and Control

Danaher Corp (DHR) earnings date, market-implied expected move, and options open interest by expiry

232.23

Closed17:31 ET

Open238.08Volume3.8MMkt cap$163.4BP/E37.95EPS6.12Div yield0.65%

Day230.90 – 239.9015%52-wk160.31 – 241.3589%

DHR

Danaher Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

No implied move.

Expected move

Inputs

Next report

Jan 27

before open · in 88 days

est.Q4 FY26

Calendar

Next report

Last report

+4.29%

vs ±6.2% implied · ×0.69

shaded = implied · ▲▼ = realized

Oct 21 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+4.82%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

2,116 managers

Top fund weight

2.09%

DHR weight · XLV

N-PORTJun 30 '26

12 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Danaher (DHR) is expected to report on Jan 27 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±5.0%
avg realized: ±3.9%

Apr 22 '25Apr 22 '25confirmed±6.2%▲+3.84%×0.62

Jul 22 '25Jul 22 '25confirmed±4.7%▲+0.98%×0.21

Oct 21 '25Oct 21 '25confirmed±5.8%▲+5.94%×1.02

Jan 12 '26Jan 12 '26confirmed±2.7%▲+0.26%×0.10

Jan 28 '26Jan 28 '26confirmed±3.9%▼−4.76%×1.21

Q1 FY26Apr 21 '26confirmed±4.5%▼−0.49%×0.11

Q2 FY26Jul 21 '26confirmed±6.0%▼−10.99%×1.84

Q3 FY26Oct 21 '26confirmed±6.2%▲+4.29%×0.69

quarterimplied−15%0+15%realized×

Q3 FY26±6.2%▲+4.29%×0.69

Q2 FY26±6.0%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 8 expiries · Oct 30 close

0.81OI · 8 expiries · Oct 30 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

5 nearer expiries

381+77%Nov 66d0.68563+14%0.68

151+1%Nov 1313d0.30499+35%0.30

7,535+1%Nov 2020d0.5912,720+2%0.59

296−1%Nov 2727d1.06279+4%1.06

21—Dec 434d1.3116—1.31

6,722+1%Dec 1848d0.689,890+2%0.68

8,606+1%Jan 1576d0.4319,873−1%0.43

report · Jan 27 · before open · est.

ExpiryPutsCallsP/C

5 nearer expiries

Nov 66d381+77%563+14%0.68

Nov 1313d151+1%499+35%0.30

Nov 2020d7,535+1%12,720

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

No implied move.

Linked exposure

Revenue flow

as filedQ3 FY26

18.84%as filednet margin · revenue +4.61% QoQ · +8.28% YoY

Revenue

$6.6B+4.61% QoQ

Gross profit

$3.8B+6.26% QoQ

58.54% margin

Operating income

$1.2B+10.47% QoQ

19.00% margin

Pre-tax income

$1.1B+5.01% QoQ

Net income

$1.2B+41.95% QoQ

18.84% margin

Cost of revenue

$2.7B+2.37% QoQ

Operating expenses

$2.6B+4.35% QoQ

SG&A $2.2B

R&D $433M

Other expense

$113M

Tax benefit

$75M

Revenue$6.6B+4.61%

Gross profit

$3.8B+6.26%

58.54% margin

Operating income

$1.2B+10.47%

19.00% margin

Pre-tax income

$1.1B+5.01%

Net income

$1.2B+41.95%

18.84% margin

Cost of revenue

$2.7B+2.37%

Operating expenses

$2.6B+4.35%

SG&A $2.2B

R&D $433M

Other expense

$113M

Tax benefit$75M

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 25 '26 · width = $

Revenue flow

Intraday

15m bars

Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 17:30 ET

Intraday

Event sensitivity

FOMC ×1.40· ±1.8% vs ±1.3% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.8%7 of 24×1.40

NFPjobs report±1.7%5 of 10×1.36

CPROFcorporate profits±1.3%6 of 12×1.04

PCEpersonal income & outlays±1.2%8 of 19×0.90

PPIproducer prices±1.1%4 of 10×0.85

GDPgross domestic product±1.0%9 of 19×0.81

CPIconsumer prices±0.9%1 of 10×0.73

Bar = avg |move| to ±2% · tick = ±1.3% avg day · ×base = |move| ÷ ±1.3% · min 6 releases

Earnings history

EPS 1.75 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 21 '26 · confirmed	1.75	—
Q2 FY26	Jul 21 '26 · confirmed	1.23	—
Q1 FY26	Apr 21 '26 · confirmed	1.45	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod