FTV · Fortive Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.07B | - | $1.03B | $1.52B | $1.47B | - | $1.53B | $1.55B | $1.52B | - |
| Cost of Revenue | $393.90M | - | $377.90M | $623.10M | $593.30M | - | $613.30M | $624.10M | $620.30M | - |
| Gross Profit | $675.50M | - | $649.20M | $895.70M | $880.90M | - | $921.30M | $928.30M | $904.20M | - |
| R&D | $66.50M | - | $62.00M | $109.20M | $105.10M | - | $101.70M | $101.10M | $104.10M | - |
| SG&A | $417.30M | - | $427.60M | $564.30M | $542.20M | - | $524.10M | $525.40M | $561.00M | - |
| Total Operating Expenses | ($483.80M) | - | ($489.60M) | ($626.50M) | ($665.10M) | - | - | - | - | - |
| D&A | $113.60M | - | $109.10M | $137.80M | $136.80M | - | - | - | $23.10M | - |
| Operating Income | $191.70M | - | $159.60M | $222.20M | $233.60M | - | $295.50M | $301.80M | $302.20M | - |
| Interest Expense | ($31.60M) | - | ($37.10M) | ($32.10M) | ($32.00M) | - | $37.00M | $33.10M | $44.00M | - |
| Income Tax | $27.20M | - | $18.00M | $25.40M | $29.50M | - | $10.60M | $33.60M | $26.60M | - |
| Net Income | $136.40M | - | $55.00M | $166.60M | $171.90M | - | $221.60M | $195.10M | $173.60M | - |
| EPS - Basic | $0.44 | - | $0.17 | $0.49 | $0.38 | - | $0.47 | $0.42 | $0.44 | - |
| EPS - Diluted | $0.44 | - | $0.16 | $0.49 | $0.38 | - | $0.47 | $0.41 | $0.44 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $356.10M | $375.50M | $430.80M | $1.83B | $892.10M | $813.30M | $811.30M | $644.10M | $704.60M | $1.89B |
| Accounts Receivable | $647.00M | $683.60M | $633.60M | $912.20M | $929.30M | $945.40M | $912.20M | $934.50M | $962.60M | $960.80M |
| Inventory | $305.50M | $291.80M | $310.60M | $610.40M | $568.00M | $544.80M | $563.90M | $572.00M | $580.80M | $536.90M |
| Accounts Payable | $415.90M | $436.40M | $427.60M | $700.50M | $669.30M | $677.40M | $623.80M | $636.10M | $667.20M | $608.60M |
| Current Assets | $1.55B | $1.61B | $1.73B | $3.68B | $2.70B | $2.59B | $2.64B | $2.52B | $2.61B | $3.67B |
| Total Assets | $11.58B | $11.74B | $11.89B | $18.24B | $17.14B | $17.02B | $17.45B | $17.29B | $17.52B | $16.91B |
| Current Liabilities | $2.19B | $2.25B | $2.47B | $3.75B | $2.73B | $2.24B | $2.10B | $2.05B | $1.74B | $1.79B |
| Long-term Debt | $2.59B | $2.31B | $2.12B | $2.91B | $2.93B | $3.33B | $3.45B | $3.40B | $3.94B | $3.65B |
| Total Liabilities | - | - | - | - | - | - | - | - | - | - |
| Stockholders' Equity | $6.08B | $6.45B | $6.50B | $10.38B | $10.24B | $10.19B | $10.55B | $10.50B | $10.48B | $10.32B |
| Retained Earnings | $5.55B | $5.43B | $5.26B | $8.51B | $8.37B | $8.23B | $8.05B | $7.85B | $7.69B | $7.51B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $234.80M | - | - | - | $241.70M | - | - | - | $256.70M | - |
| Investing Cash Flow | ($26.70M) | - | - | - | ($26.20M) | - | - | - | ($1.74B) | - |
| Financing Cash Flow | ($228.50M) | - | - | - | ($141.00M) | - | - | - | $306.90M | - |
| CapEx | $26.60M | - | $21.60M | $36.70M | $26.70M | - | - | - | $26.40M | - |
| Free Cash Flow | $208.20M | - | - | - | $215.00M | - | - | - | $230.30M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 63.2% | - | 63.2% | 59.0% | 59.8% | - | 60.0% | 59.8% | 59.3% | - |
| Operating margin | 17.9% | - | 15.5% | 14.6% | 15.8% | - | 19.3% | 19.4% | 19.8% | - |
| EBITDA margin | 28.5% | - | 26.2% | 23.7% | 25.1% | - | - | - | 21.3% | - |
| Net margin | 12.8% | - | 5.4% | 11.0% | 11.7% | - | 14.4% | 12.6% | 11.4% | - |
| Free cash flow margin | 19.5% | - | - | - | 14.6% | - | - | - | 15.1% | - |
| FCF / Net income | 1.53 | - | - | - | 1.25 | - | - | - | 1.33 | - |
| R&D / Revenue | 6.2% | - | 6.0% | 7.2% | 7.1% | - | 6.6% | 6.5% | 6.8% | - |
| SG&A / Revenue | 39.0% | - | 41.6% | 37.2% | 36.8% | - | 34.2% | 33.8% | 36.8% | - |
| Effective tax rate | 16.6% | - | 24.7% | 13.2% | 14.6% | - | 4.6% | 14.7% | 13.3% | - |
| Return on assets | 1.2% | - | 0.5% | 0.9% | 1.0% | - | 1.3% | 1.1% | 1.0% | - |
| Return on equity | 2.2% | - | 0.8% | 1.6% | 1.7% | - | 2.1% | 1.9% | 1.7% | - |
| Return on invested capital | 1.8% | - | 1.4% | 1.5% | 1.5% | - | 2.0% | 1.9% | 1.8% | - |
| Liquidity | ||||||||||
| Current ratio | 0.71 | 0.71 | 0.70 | 0.98 | 0.99 | 1.16 | 1.25 | 1.23 | 1.50 | 2.05 |
| Quick ratio | 0.57 | 0.58 | 0.58 | 0.82 | 0.78 | 0.91 | 0.99 | 0.95 | 1.17 | 1.75 |
| Cash ratio | 0.16 | 0.17 | 0.17 | 0.49 | 0.33 | 0.36 | 0.39 | 0.31 | 0.41 | 1.05 |
| Leverage | ||||||||||
| Debt / Equity | 0.43 | 0.36 | 0.33 | 0.28 | 0.29 | 0.33 | 0.33 | 0.32 | 0.38 | 0.35 |
| Debt / Assets | 0.22 | 0.20 | 0.18 | 0.16 | 0.17 | 0.20 | 0.20 | 0.20 | 0.22 | 0.22 |
| Debt / EBITDA | 8.48 | - | 7.88 | 8.07 | 7.91 | - | - | - | 12.12 | - |
| Interest coverage | -6.1x | - | -4.3x | -6.9x | -7.3x | - | 8.0x | 9.1x | 6.9x | - |
| Equity multiplier | 1.90 | 1.82 | 1.83 | 1.76 | 1.67 | 1.67 | 1.65 | 1.65 | 1.67 | 1.64 |
| Liabilities / Assets | - | - | - | - | - | - | - | - | - | - |
| Efficiency | ||||||||||
| Asset turnover | 0.09 | - | 0.09 | 0.08 | 0.09 | - | 0.09 | 0.09 | 0.09 | - |
| Inventory turnover | 1.29 | - | 1.22 | 1.02 | 1.04 | - | 1.09 | 1.09 | 1.07 | - |
| Days sales outstanding | 221d | - | 225d | 219d | 230d | - | 217d | 220d | 230d | - |
| Days inventory outstanding | 283d | - | 300d | 358d | 349d | - | 336d | 335d | 342d | - |
| Days payable outstanding | 385d | - | 413d | 410d | 412d | - | 371d | 372d | 393d | - |
| Cash conversion cycle | 119d | - | 112d | 166d | 168d | - | 181d | 182d | 180d | - |
| Valuation | ||||||||||
| P / E | 127.5x | - | 303.3x | 110.1x | 145.3x | - | 125.7x | 134.7x | 148.3x | - |
| P / B | 2.9x | - | 2.5x | 1.8x | 1.8x | - | 2.0x | 1.9x | 2.2x | - |
| P / S | 16.4x | - | 15.8x | 12.1x | 12.8x | - | 13.7x | 12.8x | 15.1x | - |
| EV / EBITDA | 64.8x | - | 66.5x | 54.2x | 56.4x | - | - | - | 80.9x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -27.5% | - | -33.1% | -2.2% | -3.3% | - | 2.7% | 1.7% | 4.4% | - |
| Revenue CAGR (3y) | -9.9% | - | -11.0% | 1.2% | 2.3% | - | 5.7% | 5.6% | 6.6% | - |
| Revenue CAGR (5y) | -3.2% | - | -11.6% | -0.7% | -3.0% | - | -3.8% | -3.6% | -0.9% | - |
| Gross profit growth (YoY) | -23.3% | - | -29.5% | -3.5% | -2.6% | - | 3.2% | 2.5% | 6.6% | - |
| Operating income growth (YoY) | -17.9% | - | -46.0% | -26.4% | -22.7% | - | 1.5% | 3.6% | 25.7% | - |
| Net income growth (YoY) | -20.7% | - | -75.2% | -14.6% | -1.0% | - | 1.7% | -6.7% | 0.0% | - |
| EPS growth (YoY) | 16.8% | - | -66.3% | 18.2% | -13.8% | - | -22.2% | -29.8% | -10.8% | - |
| EPS CAGR (3y) | -3.5% | - | -32.9% | 0.7% | -5.7% | - | 4.2% | -4.8% | 17.4% | - |
| EPS CAGR (5y) | 10.3% | - | -23.5% | 8.2% | 40.0% | - | -3.2% | -2.1% | 0.3% | - |
| FCF growth (YoY) | -3.2% | - | - | - | -6.6% | - | - | - | 53.9% | - |
| FCF CAGR (5y) | 8.8% | - | - | - | 6.5% | - | - | - | 11.7% | - |
| Book value growth (YoY) | -40.6% | -36.7% | -38.4% | -1.1% | -2.3% | -1.3% | 4.7% | 5.4% | 6.1% | 6.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$4.16B totalIntelligent Operating Solutions$2.86B · 68.7%
Advanced Healthcare Solutions$1.30B · 31.3%
Product / service
$4.16B totalProduct$3.34B · 80.3%
Service$817.80M · 19.7%
Geographic
$4.16B totalNorth America$2.49B · 59.9%
Asia Pacific$730.10M · 17.6%
EMEA$725.80M · 17.5%
Latin America$212.10M · 5.1%
Peer comparison
Same SIC group: Industrial Instruments For Measurement, Display, and Control
Comparing Fortive Corp against the 5 most active filers in the same SIC group.
Dividends
$0.18/share trailing 12 months · -25.4% YoY
| Ex-date | Per share |
|---|---|
| Mar 13, 2026 | $0.0600 |
| Nov 28, 2025 | $0.0600 |
| Sep 12, 2025 | $0.0600 |
| May 30, 2025 | $0.0603 |
| Feb 28, 2025 | $0.0603 |
| Nov 29, 2024 | $0.0603 |
| Sep 13, 2024 | $0.0603 |
| May 31, 2024 | $0.0603 |
| Feb 22, 2024 | $0.0603 |
| Nov 22, 2023 | $0.0603 |
| Aug 31, 2023 | $0.0528 |
| May 25, 2023 | $0.0528 |
| Feb 23, 2023 | $0.0528 |
| Nov 29, 2022 | $0.0528 |
| Aug 30, 2022 | $0.0528 |
| May 26, 2022 | $0.0528 |
| Feb 24, 2022 | $0.0528 |
| Nov 24, 2021 | $0.0528 |
| Sep 9, 2021 | $0.0528 |
| May 27, 2021 | $0.0528 |
| Feb 25, 2021 | $0.0528 |
| Nov 25, 2020 | $0.0528 |
| Aug 27, 2020 | $0.0441 |
| May 28, 2020 | $0.0441 |