FTV
Fortive Corporation
Stock
$57.47+1.63 (+2.92%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.3B | $4.2B | $4.1B | $3.9B | $5.8B | $5.3B | $4.6B | $4.6B | $6.5B | $5.8B | $5.4B | $6.2B | $6.3B |
| Cost of revenue | $1.6B | $1.5B | $1.5B | $1.4B | $2.5B | $2.2B | $2.0B | $2.1B | $4.3B | $2.8B | $2.7B | $3.2B | $3.3B |
| Gross profit | $2.7B | $2.6B | $2.6B | $2.5B | $3.4B | $3.0B | $2.6B | $2.5B | $2.2B | $2.9B | $2.7B | $3.0B | $3.0B |
| R&D | $262M | $259M | $251M | $237M | $402M | $355M | $321M | $320M | $278M | $369M | $351M | $378M | $388M |
| SG&A | $1.7B | $1.7B | $1.7B | $1.7B | $2.0B | $1.8B | $1.7B | $1.7B | $1.3B | $1.4B | $1.3B | $1.4B | $1.4B |
| Other operating expenses | — | — | — | — | $18M | — | — | — | — | — | — | — | — |
| Operating income | $787M | $720M | $716M | $574M | $987M | $813M | $539M | $444M | $645M | $1.1B | $1.1B | $1.3B | $1.2B |
| Non-operating income | −$115M | −$118M | −$210M | −$141M | −$114M | −$135M | $968M | −$107M | −$80M | −$69M | −$51M | $0 | $34M |
| Pretax income | $672M | $602M | $506M | $433M | $874M | $678M | $1.5B | $337M | $566M | $1.1B | $1.0B | $1.3B | $1.3B |
| Taxes | $138M | $23M | −$327M | −$433M | $118M | $69M | −$106M | −$402M | −$2.3B | $29M | $138M | $406M | $396M |
| Net income | $534M | $579M | $833M | $866M | $755M | $608M | $1.6B | $739M | $2.9B | $1.0B | $872M | $864M | $883M |
| Diluted EPS | $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 |
| Diluted shares | — | 334.6M | 352.8M | 355.6M | 360.8M | 352.3M | 359.0M | 340.0M | 350.7M | 352.6M | 347.3M | 345.2M | 345.2M |
| Revenue growth | — | +1.9% | +4.3% | −32.8% | +10.9% | +13.4% | +1.5% | −29.3% | +12.1% | +7.0% | −13.0% | −2.5% | — |
| Gross margin | 63.2% | 63.5% | 64.2% | 63.3% | 57.7% | 57.2% | 56.3% | 54.4% | 33.9% | 50.8% | 49.9% | 48.6% | 48.1% |
| Operating margin | 18.2% | 17.3% | 17.6% | 14.7% | 16.9% | 15.5% | 11.6% | 9.7% | 10.0% | 19.9% | 19.7% | 20.5% | 19.7% |
| Net margin | 12.4% | 13.9% | 20.4% | 22.1% | 13.0% | 11.6% | 34.8% | 16.2% | 45.2% | 18.1% | 16.2% | 14.0% | 13.9% |