The Lab Equipment Titan Trading at Half the Multiple Just Delivered Another Beat

Core Insights - Danaher and Thermo Fisher Scientific both reported Q3 2025 earnings with revenue growth around 5%, indicating a stable performance in the sector [1] Company Summaries - Danaher reported a revenue growth of approximately 5% in Q3 2025, reflecting consistent business performance [1] - Thermo Fisher Scientific also achieved around 5% revenue growth in the same quarter, showcasing a similar trend in financial results [1] Business Momentum - Despite the similar revenue growth figures, the underlying business momentum for Danaher and Thermo Fisher Scientific reveals significant differences, suggesting varying operational efficiencies and market conditions [1]