UTMD vs. DHR
UTMD (Utah Medical Products, Inc.) and DHR (Danaher Corporation) are both stocks. Both are in the Healthcare sector — UTMD in Medical Instruments & Supplies, DHR in Diagnostics & Research. Over the past 10 years, UTMD returned 2.87%/yr vs 11.15%/yr for DHR. Their 0.17 correlation means their historical movements had little consistent relationship.
Performance
UTMD vs. DHR - Performance Comparison
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Returns By Period
In the year-to-date period, UTMD achieves a 31.24% return, which is significantly higher than DHR's -13.36% return. Over the past 10 years, UTMD has underperformed DHR with an annualized return of 2.87%, while DHR has yielded a comparatively higher 11.15% annualized return.
UTMD
- 1D
- 3.16%
- 1M
- -0.04%
- 6M
- 18.91%
- YTD
- 31.24%
- 1Y
- 35.04%
- 3Y*
- -7.76%
- 5Y*
- -1.40%
- 10Y*
- 2.87%
- ALL TIME*
- 11.72%
DHR
- 1D
- 1.29%
- 1M
- -0.22%
- 6M
- -11.23%
- YTD
- -13.36%
- 1Y
- 0.95%
- 3Y*
- -3.82%
- 5Y*
- -5.67%
- 10Y*
- 11.15%
- ALL TIME*
- 18.12%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $1.74B | $1.25B | $964.15M | |
| $2.98M | $2.15M | $1.31M |
UTMD vs. DHR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
UTMD Utah Medical Products, Inc. | 31.24% | -7.01% | -25.69% | -15.10% | 1.87% | 21.97% | -20.87% | 31.46% | 3.24% | 13.59% |
DHR Danaher Corporation | -13.36% | 0.35% | -0.35% | -1.22% | -19.02% | 48.57% | 45.34% | 49.55% | 11.80% | 20.01% |
Correlation
The correlation between UTMD and DHR is 0.31, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.31 |
Correlation (3Y) Balances recent behavior with more history. | 0.27 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.28 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.25 |
Correlation (All Time) Calculated using the full available price history since Mar 8, 1999 | 0.17 |
The correlation between UTMD and DHR shifts across timeframes, from 0.17 (all time) to 0.31 (1 year), reflecting how their relationship changes across market environments.
Fundamentals
UTMD:
$231.64M
DHR:
$138.84B
UTMD:
$3.28
DHR:
$5.63
UTMD:
22.16
DHR:
35.06
UTMD:
6.43
DHR:
5.59
UTMD:
1.90
DHR:
2.66
UTMD:
$36.11M
DHR:
$25.11B
UTMD:
$19.82M
DHR:
$14.69B
UTMD:
$14.67M
DHR:
$6.43B
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Return for Risk
UTMD vs. DHR — Risk / Return Rank
UTMD
DHR
UTMD vs. DHR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Utah Medical Products, Inc. (UTMD) and Danaher Corporation (DHR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| UTMD | DHR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.17 | ||
| Sortino ratioReturn per unit of downside risk | +1.59 | ||
| Omega ratioGain probability vs. loss probability | 1.22 | 1.03 | +0.19 |
| Calmar ratioReturn relative to maximum drawdown | 2.23 | 0.03 | +2.20 |
| Martin ratioReturn relative to average drawdown | 5.24 | 0.06 | +5.18 |
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Drawdowns
UTMD vs. DHR - Drawdown Comparison
The maximum UTMD drawdown since its inception was -55.58%, which is greater than DHR's maximum drawdown of -45.80%. Use the drawdown chart below to compare losses from any high point for UTMD and DHR.
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Drawdown Indicators
| UTMD | DHR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -55.58% | -45.80% | -9.78% |
Max Drawdown (1Y)Largest decline over 1 year | -15.77% | -32.97% | +17.20% |
Max Drawdown (3Y)Largest decline over 3 years | -45.74% | -41.72% | -4.02% |
Max Drawdown (5Y)Largest decline over 5 years | -55.58% | -43.81% | -11.77% |
Max Drawdown (10Y)Largest decline over 10 years | -55.58% | -43.81% | -11.77% |
Current DrawdownCurrent decline from peak | -35.96% | -31.32% | -4.64% |
Average DrawdownAverage peak-to-trough decline | -15.22% | -10.30% | -4.92% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.70% | 15.70% | -9.00% |
Volatility
UTMD vs. DHR - Volatility Comparison
The current volatility for Utah Medical Products, Inc. (UTMD) is 13.05%, while Danaher Corporation (DHR) has a volatility of 15.38%. This indicates that UTMD experiences smaller price fluctuations and is considered to be less risky than DHR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| UTMD | DHR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.05% | 15.38% | -2.33% |
Volatility (6M)Calculated over the trailing 6-month period | 23.50% | 24.27% | -0.77% |
Volatility (1Y)Calculated over the trailing 1-year period | 29.32% | 31.11% | -1.79% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 28.83% | 28.76% | +0.07% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 31.10% | 26.02% | +5.08% |
Dividends
UTMD vs. DHR - Dividend Comparison
UTMD's dividend yield for the trailing twelve months is around 1.70%, more than DHR's 0.73% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DHR Danaher Corporation | 0.73% | 0.56% | 0.47% | 12.64% | 0.38% | 0.26% | 0.32% | 0.44% | 0.62% | 0.60% | 32.55% | 0.58% |
UTMD Utah Medical Products, Inc. | 1.70% | 2.19% | 1.96% | 1.41% | 1.16% | 2.86% | 1.33% | 1.02% | 1.31% | 1.31% | 1.44% | 1.75% |
Financials
UTMD vs. DHR - Financials Comparison
This section allows you to compare key financial metrics between Utah Medical Products, Inc. and Danaher Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
UTMD vs. DHR - Profitability Comparison
UTMD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Utah Medical Products, Inc. reported a gross profit of 4.74M and revenue of 8.53M. Therefore, the gross margin over that period was 55.6%.
DHR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Danaher Corporation reported a gross profit of 3.61B and revenue of 6.27B. Therefore, the gross margin over that period was 57.6%.
UTMD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Utah Medical Products, Inc. reported an operating income of 2.66M and revenue of 8.53M, resulting in an operating margin of 31.2%.
DHR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Danaher Corporation reported an operating income of 1.13B and revenue of 6.27B, resulting in an operating margin of 18.0%.
UTMD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Utah Medical Products, Inc. reported a net income of 2.69M and revenue of 8.53M, resulting in a net margin of 31.5%.
DHR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Danaher Corporation reported a net income of 870.00M and revenue of 6.27B, resulting in a net margin of 13.9%.
Frequently Asked Questions
UTMD and DHR have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
DHR has higher volatility (15.38%) compared to UTMD (13.05%). In terms of maximum drawdown, UTMD dropped -55.58% vs DHR's -45.80%.
UTMD currently has the higher Sharpe Ratio (1.20 vs 0.03), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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