DHR vs. RDY: Danaher vs. Dr. Reddy's Laboratories Stock Comparison
How do Danaher (DHR) and Dr. Reddy's Laboratories (RDY) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Danaher (DHR) and Dr. Reddy's Laboratories (RDY) both fall under the Pharmaceuticals, Biotechnology & Life Sciences industry group, but DHR is classified in Life Sciences Tools & Services while RDY is classified in Pharmaceuticals.
Danaher (DHR) trades as ordinary local shares, while Dr. Reddy's Laboratories (RDY) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | DHR | RDY |
|---|---|---|
| Name | Danaher Corp. | Dr. Reddy's Laboratories Ltd. ADR |
| Country/Region | United States | India |
| GICS Sector | Health Care | Health Care |
| GICS Industry Group | Pharmaceuticals, Biotechnology & Life Sciences | Pharmaceuticals, Biotechnology & Life Sciences |
| GICS Industry | Life Sciences Tools & Services | Pharmaceuticals |
| GICS Sub-Industry | Life Sciences Tools & Services | Pharmaceuticals |
| Market Capitalization | 161.86 billion USD | 12.43 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 29, 1978 | April 11, 2001 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | DHR | RDY |
|---|---|---|
| Total Return (1Y) | 11.88% | 12.49% |
| Total Return (3Y, Annualized) | 6.67% | 5.76% |
| Total Return (5Y, Annualized) | -2.05% | 4.06% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | DHR | RDY |
|---|---|---|
| Volatility (1Y, Annualized) | 30.61% | 27.06% |
| Beta (5Y) | 0.76 | 0.30 |
| Max Drawdown (5Y) | -43.31% | -32.01% |
| Avg. Volume (3M) | 3.94M | 2.89M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | DHR | RDY |
|---|---|---|
| Sharpe Ratio (1Y) | 0.25 | 0.30 |
| Sortino Ratio (1Y) | 0.35 | 0.43 |
Profitability
ROE (TTM)
Both Danaher (DHR) at 8.19% and Dr. Reddy's Laboratories (RDY) at 7.34% sit in the top peer quartile for ROE, suggesting each generates more profit from shareholders’ equity than typical industry peers.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
8.19%
- Max
- 109.18%
- DHR
- 8.19%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
7.34%
- Max
- 109.18%
- RDY
- 7.34%
- Q3
- 6.23%
- Median
- -26.66%
- Q1
- -64.05%
- Min
- -167.77%
Net Margin (TTM)
For every dollar of sales, both Danaher (DHR) at 16.91% and Dr. Reddy's Laboratories (RDY) at 8.49% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
16.91%
- Max
- 18.05%
- DHR
- 16.91%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
8.49%
- Max
- 18.05%
- RDY
- 8.49%
- Q3
- 4.78%
- Median
- 0.00%
- Q1
- -4.14%
- Min
- -17.05%
Operating Margin (TTM)
Danaher (DHR) at 21.13% operates in the top operating margin quartile, ahead of Dr. Reddy's Laboratories (RDY) at 14.73%, which runs around its industry’s norm.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
21.13%
- Max
- 83.12%
- DHR
- 21.13%
- Q3
- 14.77%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
14.73%
- Max
- 83.12%
- Q3
- 14.77%
- RDY
- 14.73%
- Median
- 0.00%
- Q1
- -78.82%
- Min
- -207.40%
Profitability Metrics
| Metric | DHR | RDY |
|---|---|---|
| ROE (TTM) | 8.19% | 7.34% |
| ROA (TTM) | 4.06% | 3.37% |
| Net Margin (TTM) | 16.91% | 8.49% |
| Operating Margin (TTM) | 21.13% | 14.73% |
| Gross Margin (TTM) | 59.36% | 49.49% |
Growth
Revenue Growth
Both Danaher (DHR) at 2.90% and Dr. Reddy's Laboratories (RDY) at 3.19% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Danaher (DHR) at -4.54% and Dr. Reddy's Laboratories (RDY) at -24.14% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | DHR | RDY |
|---|---|---|
| Revenue Growth (YoY) | 2.90% | 3.19% |
| Revenue Growth (3Y CAGR) | -2.67% | 10.96% |
| EPS Growth (YoY) | -4.54% | -24.14% |
| EPS Growth (3Y CAGR) | -19.44% | -1.72% |
Financial Strength
Current Ratio (MRQ)
Both Danaher (DHR) at 1.63 and Dr. Reddy's Laboratories (RDY) at 1.93 run current ratio in the tighter-liquidity quartile of industry peers, leaving thinner cushions against current liabilities than typical competitors.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.63
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- Q1
- 2.47
- DHR
- 1.63
- Min
- 0.10
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
1.93
- Max
- 25.13
- Q3
- 12.13
- Median
- 5.52
- Q1
- 2.47
- RDY
- 1.93
- Min
- 0.10
Debt / Equity (MRQ)
Both Danaher (DHR) at 0.52 and Dr. Reddy's Laboratories (RDY) at 0.19 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.52
- Max
- 1.42
- Q3
- 0.65
- DHR
- 0.52
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.19
- Max
- 1.42
- Q3
- 0.65
- RDY
- 0.19
- Median
- 0.15
- Q1
- 0.02
- Min
- 0.00
Financial Strength Metrics
| Metric | DHR | RDY |
|---|---|---|
| Current Ratio (MRQ) | 1.63 | 1.93 |
| Debt / Equity (MRQ) | 0.52 | 0.19 |
| Net Debt / EBITDA | 2.68 | -0.08 |
Dividends
Dividend Yield (TTM)
Both Danaher (DHR) at 0.67% and Dr. Reddy's Laboratories (RDY) at 55.06% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.67%
- DHR
- 0.67%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
55.06%
- RDY
- 55.06%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Danaher (DHR) at 25.17% and Dr. Reddy's Laboratories (RDY) at 22.72% pay out more of their earnings than any of their industry peers — the thinnest cover in their groups, so dividend headroom deserves attention.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
25.17%
- DHR
- 25.17%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
22.72%
- RDY
- 22.72%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | DHR | RDY |
|---|---|---|
| Dividend Yield (TTM) | 0.67% | 55.06% |
| Dividend Payout Ratio (TTM) | 25.17% | 22.72% |
Valuation
P/E Ratio (TTM)
Both Danaher (DHR) at 38.12 and Dr. Reddy's Laboratories (RDY) at 41.42 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
38.12
- Max
- 85.34
- Q3
- 43.46
- DHR
- 38.12
- Median
- 26.69
- Q1
- 13.30
- Min
- 0.07
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
41.42
- Max
- 85.34
- Q3
- 43.46
- RDY
- 41.42
- Median
- 26.69
- Q1
- 13.30
- Min
- 0.07
P/S Ratio (TTM)
Dr. Reddy's Laboratories (RDY) at 0.04 sits in the cheaper P/S ratio quartile while Danaher (DHR) at 6.32 prices around its industry’s middle — RDY costs less per dollar of sales, though read it alongside growth and margins.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
6.32
- Max
- 58.18
- Q3
- 25.77
- Median
- 7.30
- DHR
- 6.32
- Q1
- 3.01
- Min
- 0.01
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
0.04
- Max
- 58.18
- Q3
- 25.77
- Median
- 7.30
- Q1
- 3.01
- RDY
- 0.04
- Min
- 0.01
P/B Ratio (MRQ)
Danaher (DHR) at 3.02 sits near its industry’s typical P/B ratio, while Dr. Reddy's Laboratories (RDY) at 18.16 prices above its benchmark range — RDY looks rich relative to book.
DHR
Pharmaceuticals, Biotechnology & Life Sciences industry group
3.02
- Max
- 13.53
- Q3
- 6.54
- Median
- 3.25
- DHR
- 3.02
- Q1
- 1.69
- Min
- -5.59
RDY
Pharmaceuticals, Biotechnology & Life Sciences industry group
18.16
- RDY
- 18.16
- Max
- 13.53
- Q3
- 6.54
- Median
- 3.25
- Q1
- 1.69
- Min
- -5.59
Valuation Metrics
| Metric | DHR | RDY |
|---|---|---|
| P/E Ratio (TTM) | 38.12 | 41.42 |
| P/S Ratio (TTM) | 6.32 | 0.04 |
| P/B Ratio (MRQ) | 3.02 | 18.16 |
| Free Cash Flow Yield (TTM) | 2.93% | -53.03% |