DHR vs JNJ: Which Is the Better Buy?

Side-by-side comparison of Danaher Corporation and Johnson & Johnson โ€” fair value, conviction, valuation metrics, and QuantHub research signals. Updated 2026-09-25.
Danaher Corporation ยท Healthcare
$221.12
+29.6% upside to fair value
Med Conviction Grade B High Quality
VS
Johnson & Johnson ยท Healthcare
$270.68
+5.7% upside to fair value
Med Conviction Grade C High Quality
QuantHub Verdict
DHR has more upside to fair value (+29.6%). These are model outputs โ€” not personalized investment advice. See all research โ†’
Valuation & Fundamentals
Metric DHR JNJ
Current Price $221.12 $270.68
Fair Value Estimate $286.52 $286.05
Upside to Fair Value +29.6% +5.7%
Market Cap $155.4B $652.3B
Forward P/E โ€” โ€”
EV / EBITDA 24.8x 20.2x
Price / Sales 6.2x 6.7x
Price / FCF 28.5x 35.3x
Revenue Growth YoY +5.5% +6.6%
Gross Margin 58.5% 67.9%
Operating Margin 20.4% 26.8%
Return on Equity 7.7% 25.7%
Dividend Yield 0.65% 1.95%
FCF Yield 3.51% 2.83%
Analyst Consensus Strong Buy Buy
Investment Thesis
DHR โ€” Danaher Corporation
Danaher is a diversified life-sciences and diagnostics platform spanning three segments: Life Sciences (mass spectrometers, flow cytometry, genomics, bioprocess technologies), Diagnostics (chemistry, immunoassay, microbiology, hematology, molecular and pathology systems), and Environmental & Applied Solutions (water quality and product-identification instrumentation). The business quality is highโ€ฆ
JNJ โ€” Johnson & Johnson
Johnson & Johnson is a 141,700-employee healthcare holding company operating two segments, Innovative Medicine (immunology, oncology, neuroscience, infectious disease, cardiovascular and metabolism, pulmonary hypertension) and MedTech (interventional solutions, orthopaedics, surgery, vision), founded in 1887 and headquartered in New Brunswick, New Jersey. Business quality is high on fundamentals:โ€ฆ
Accumulation Zones
Metric DHR JNJ
Zone Low $214.89 $214.54
Zone High $243.54 $243.14
In Buy Zone? Yes No
โ† DHR Research    JNJ Research โ†’    All Research