F
Fortive Corporation
FTV · NYSE · USD
Financials
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||||||
| Market cap | $17,535 | $26,021 | $25,876 | $22,732 | $27,356 | $25,394 | $27,392 | $24,261 | $25,943 | $19,231 | – | – | – | – |
| Enterprise value | $20,374 | $29,092 | $27,804 | $25,449 | $30,685 | $26,890 | $32,702 | $26,531 | $29,055 | $21,788 | – | – | – | – |
| P/E (TTM) at period end | 30.28× | 31.24× | 29.89× | 30.10× | 47.67× | 16.44× | 40.89× | 8.43× | 24.84× | 22.05× | – | – | – | – |
| P/S (TTM) at period end | 4.22× | 6.38× | 6.61× | 3.90× | 5.21× | 5.48× | 6.00× | 6.38× | 3.90× | 3.09× | – | – | – | – |
| P/B at period end | 2.72× | 2.55× | 2.51× | 2.35× | 2.88× | 2.83× | 3.71× | 3.68× | 6.84× | 7.15× | – | – | – | – |
| EV / EBITDA (TTM) | 25.78× | 37.40× | 43.90× | 23.76× | 34.57× | 43.83× | 62.36× | 37.11× | 23.50× | 19.16× | – | – | – | – |
| EV / Sales (TTM) | 4.90× | 7.13× | 7.10× | 4.37× | 5.84× | 5.80× | 7.17× | 6.98× | 4.37× | 3.50× | – | – | – | – |
| Returns | ||||||||||||||
| Return on equity | 9.0% | 8.2% | 8.4% | 7.8% | 6.0% | 17.2% | 9.1% | 43.6% | 27.6% | 32.5% | 16.7% | 16.9% | 16.2% | – |
| Return on invested capital | 6.9% | 5.1% | 4.4% | 6.9% | 5.7% | 4.5% | 2.8% | 6.3% | 13.6% | 14.8% | 16.7% | 16.4% | 16.6% | – |
| Dividend yield | 0.5% | 0.4% | 0.4% | 0.4% | 0.4% | 0.4% | 0.3% | 0.4% | 0.4% | 0.3% | – | – | – | – |
| Financial health | ||||||||||||||
| Current ratio | 0.71× | 1.16× | 2.05× | 0.91× | 0.68× | 1.55× | 1.06× | 1.45× | 1.83× | 1.70× | 1.20× | 1.31× | 1.30× | – |
| Debt / equity | 0.50× | 0.36× | 0.35× | 0.34× | 0.42× | 0.47× | 0.86× | 0.52× | 1.07× | 1.25× | – | – | – | – |
| Effective tax rate | 11.5% | 4.7% | 5.7% | 13.5% | 9.3% | 3.7% | 20.4% | 13.4% | 17.6% | 26.7% | 32.0% | 30.9% | 27.3% | 32.3% |
| Share count | ||||||||||||||
| Diluted shares outstanding | 335 | 353 | 356 | 361 | 352 | 359 | 340 | 351 | 353 | 347 | 345 | 345 | 345 | 345 |
StatisticsIncome statementBalance sheetCash flowDividendsSegments
| Line item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue and gross profit | |||||||||||||||
| Revenue | $4,316 | $4,159 | $4,081 | $3,914 | $5,826 | $5,255 | $4,634 | $4,564 | $3,800 | $6,656 | $6,224 | $6,179 | $6,337 | $5,962 | $5,785 |
| Cost of revenue | ($1,587) | ($1,518) | ($1,462) | ($1,437) | ($2,462) | ($2,248) | ($2,026) | ($2,081) | ($1,614) | ($2,835) | ($2,693) | ($3,179) | ($3,288) | ($3,088) | ($3,002) |
| Gross profit | $2,729 | $2,641 | $2,619 | $2,477 | $3,363 | $3,007 | $2,608 | $2,483 | $2,186 | $2,921 | $2,686 | $3,000 | $3,049 | $2,874 | $2,784 |
| Operating expenses | |||||||||||||||
| Research and development | ($262) | ($259) | ($251) | ($237) | ($402) | ($355) | ($321) | ($320) | ($278) | ($369) | ($351) | ($378) | ($388) | ($378) | ($353) |
| Selling, general and administrative | ($1,680) | ($1,662) | ($1,652) | ($1,666) | ($1,957) | ($1,840) | ($1,748) | ($1,719) | ($1,263) | ($1,409) | ($1,273) | ($1,353) | ($1,416) | ($1,324) | ($1,260) |
| Total operating expenses | ($1,942) | ($1,921) | ($1,903) | ($1,903) | ($2,376) | ($2,194) | ($2,069) | ($2,039) | ($1,541) | ($1,778) | ($1,624) | ($1,730) | ($1,804) | ($1,703) | ($1,613) |
| Total costs and expenses | ($3,529) | ($3,439) | ($3,365) | ($3,340) | ($4,838) | ($4,442) | ($4,095) | ($4,120) | ($3,155) | ($5,513) | ($5,163) | ($4,909) | ($5,092) | ($4,790) | ($4,615) |
| Operating income | $787 | $720 | $716 | $574 | $987 | $813 | $539 | $444 | $645 | $1,143 | $1,062 | $1,270 | $1,245 | $1,172 | $1,170 |
| Earnings | |||||||||||||||
| EBITDA | $852 | $790 | $778 | $633 | $1,071 | $888 | $614 | $524 | $715 | $1,236 | $1,137 | $1,447 | $1,423 | $1,331 | $1,315 |
| Interest income | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – |
| Interest expense | ($123) | ($120) | ($153) | ($124) | ($98) | ($103) | ($148) | ($143) | ($77) | ($89) | ($46) | – | – | – | – |
| Pre-tax income | $672 | $602 | $506 | $433 | $874 | $678 | $1,508 | $337 | $566 | $1,074 | $1,010 | $1,270 | $1,279 | $1,143 | $1,128 |
| Income tax expense | ($70) | ($70) | ($24) | ($25) | ($118) | ($63) | ($56) | ($69) | ($76) | ($189) | ($270) | ($406) | ($396) | ($312) | ($364) |
| Net income | $534 | $579 | $833 | $866 | $755 | $608 | $1,613 | $739 | $2,914 | $1,044 | $872 | $864 | $883 | $831 | $764 |
| Per share | |||||||||||||||
| Diluted EPS (GAAP) | $1.69 | $1.73 | $2.36 | $2.43 | $2.10 | $1.63 | $4.49 | $1.97 | $8.21 | $2.96 | $2.51 | $2.50 | $2.56 | $2.41 | $2.21 |
| Basic EPS (GAAP) | $1.72 | $1.74 | $2.39 | $2.46 | $2.12 | $1.64 | $4.58 | $1.99 | $8.33 | $3.01 | $2.52 | $2.50 | $2.56 | $2.41 | $2.21 |
| Basic shares outstanding | 315 | 332 | 349 | 352 | 356 | 349 | 337 | 336 | 346 | 348 | 346 | 345 | 345 | 345 | 345 |
| Margins | |||||||||||||||
| Gross margin | 63.2% | 63.5% | 64.2% | 63.3% | 57.7% | 57.2% | 56.3% | 54.4% | 57.5% | 43.9% | 43.1% | 48.6% | 48.1% | 48.2% | 48.1% |
| Operating margin | 18.2% | 17.3% | 17.6% | 14.7% | 16.9% | 15.5% | 11.6% | 9.7% | 17.0% | 17.2% | 17.1% | 20.5% | 19.7% | 19.6% | 20.2% |
| Net margin | 12.4% | 13.9% | 20.4% | 22.1% | 13.0% | 11.6% | 34.8% | 16.2% | 76.7% | 15.7% | 14.0% | 14.0% | 13.9% | 13.9% | 13.2% |