Fortive Corporation (FTV) — Financial statements
Income statement, balance sheet, and cash flow for Fortive Corporation — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 5,143↓17.5% | 6,232↑2.7% | 6,065↑4.1% | 5,826↑10.9% | 5,255 | |
| Cost of Revenue | 2,008↓19.7% | 2,501↑1.2% | 2,471↑0.4% | 2,462↑9.7% | 2,245 | |
| Gross Profit | 3,135↓16.0% | 3,731↑3.8% | 3,594↑6.9% | 3,363↑11.7% | 3,010 | |
| Operating Expenses | ||||||
| R&D Expenses | 342↓17.3% | 414↑4.1% | 398↓0.9% | 402↑13.2% | 355 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 1,883↓12.0% | 2,140↑3.8% | 2,063↑5.4% | 1,957↑7.3% | 1,824 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 2,226↓12.9% | 2,554↑3.8% | 2,460↑4.3% | 2,358↑8.2% | 2,178 | |
| Total Costs & Expenses | 4,234↓16.2% | 5,055↑2.5% | 4,932↑2.3% | 4,820↑9.0% | 4,423 | |
| Operating Results | ||||||
| Operating Income | 909↓22.8% | 1,177↑3.8% | 1,134↑12.8% | 1,005↑20.9% | 832 | |
| Depreciation & Amortization | 326↓40.1% | 544↑19.1% | 457↓1.9% | 466↑17.7% | 396 | |
| EBITDA | 1,200↓28.0% | 1,666↑6.1% | 1,571↑9.3% | 1,437↑22.2% | 1,176 | |
| EBIT | 874↓22.1% | 1,122↑0.7% | 1,114↑14.7% | 972↑24.5% | 781 | |
| Interest & Other Income | ||||||
| Net Interest Income | -121↑21.1% | -153↓23.7% | -124↓25.6% | -98↑4.7% | -103 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 121↓21.1% | 153↑23.7% | 124↑25.6% | 98↓4.7% | 103 | |
| Non-Operating Income | 35↓36.5% | 54↑179.9% | 19↓42.1% | 34↓34.1% | 51 | |
| Other Income / Expenses | -155↑25.2% | -207↓44.9% | -143↓8.4% | -132↑14.4% | -154 | |
| Income Before Tax | 754↓22.2% | 970↓2.1% | 991↑13.4% | 874↑28.9% | 678 | |
| Income Tax Expense | 113↓17.6% | 137↑9.4% | 125↑5.7% | 118↑86.9% | 63 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 641↓23.0% | 833↓3.8% | 866↑14.6% | 755↑23.0% | 614 | |
| Net Income from Discontinued Operations | -62 | 0.00 | 0.00 | 0.00↑100.0% | -6 | |
| Net Income | 579↓30.5% | 833↓3.8% | 866↑14.6% | 755↑24.1% | 608 | |
| Bottom-Line Net Income | 579↓30.5% | 833↓3.8% | 866↑14.6% | 755↑31.6% | 574 | |
| EPS (Basic) | 1.75↓26.8% | 2.39↓2.8% | 2.46↑16.0% | 2.12↑29.3% | 1.64 | |
| EPS (Diluted) | 1.74↓26.3% | 2.36↓2.9% | 2.43↑16.3% | 2.09↑28.2% | 1.63 | |
| Weighted Average Shares | 316↓9.4% | 349↓0.9% | 353↓1.1% | 356↑2.1% | 349 | |
| Weighted Average Diluted Shares | 319↓9.5% | 353↓0.8% | 356↓1.4% | 361↑2.4% | 352 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.