Fortive Financial Statements From 2010 to 2024

FTV Stock  USD 77.00  1.03  1.36%   
Fortive Corp financial statements provide useful quarterly and yearly information to potential Fortive Corp investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Fortive Corp financial statements helps investors assess Fortive Corp's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Fortive Corp's valuation are summarized below:
Gross Profit
3.4 B
Profit Margin
0.1468
Market Capitalization
26.7 B
Enterprise Value Revenue
5.091
Revenue
6.1 B
There are over one hundred nineteen available fundamental signals for Fortive Corp, which can be analyzed over time and compared to other ratios. All traders should should verify Fortive Corp's prevailing fundamental trends against the trends from 2010 to 2024 to make sure the company is sustainable.

Fortive Corp Total Revenue

4.68 Billion

Check Fortive Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortive main balance sheet or income statement drivers, such as Depreciation And Amortization of 309.5 M, Interest Expense of 79.7 M or Total Revenue of 4.7 B, as well as many exotic indicators such as Price To Sales Ratio of 2.62, Dividend Yield of 0.0037 or PTB Ratio of 3.56. Fortive financial statements analysis is a perfect complement when working with Fortive Corp Valuation or Volatility modules.
  
This module can also supplement Fortive Corp's financial leverage analysis and stock options assessment as well as various Fortive Corp Technical models . Check out the analysis of Fortive Corp Correlation against competitors.
For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.

Fortive Corp Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Common Stock Shares Outstanding384.9 M355.6 M351.6 M
Slightly volatile
Total Assets13.6 B16.9 B11.4 B
Slightly volatile
Other Current Liabilities430 M600.5 M329.7 M
Slightly volatile
Total Current Liabilities2.4 B1.8 BB
Slightly volatile
Total Stockholder Equity7.4 B10.3 B6.5 B
Slightly volatile
Other Liabilities1.1 B1.3 BB
Slightly volatile
Property Plant And Equipment Net621.1 M594.8 M546.5 M
Slightly volatile
Current Deferred Revenue350.2 M544.6 M287.8 M
Slightly volatile
Accounts Payable511.5 M608.6 M626.4 M
Pretty Stable
Non Current Assets Total10.6 B13.3 B8.9 B
Slightly volatile
Non Currrent Assets Other474.9 M357.9 M405.9 M
Slightly volatile
Other Assets0.951.0450.8 M
Pretty Stable
Net Receivables1.1 B1.1 BB
Slightly volatile
Good WillB9.1 B5.9 B
Slightly volatile
Liabilities And Stockholders Equity13.6 B16.9 B11.4 B
Slightly volatile
Non Current Liabilities Total3.8 B4.8 B2.9 B
Slightly volatile
Inventory591 M536.9 M532.3 M
Slightly volatile
Other Current Assets119.8 M126.1 M227.3 M
Pretty Stable
Other Stockholder Equity2.9 B3.1 B3.8 B
Slightly volatile
Total Liabilities6.2 B6.6 B4.9 B
Slightly volatile
Property Plant And Equipment Gross762 M1.2 B649.8 M
Slightly volatile
Total Current AssetsB3.6 B2.6 B
Slightly volatile
Short Term Debt35.7 M37.6 M680.5 M
Pretty Stable
Intangible Assets2.5 B3.2 BB
Slightly volatile
Property Plant Equipment414.8 M379.7 M489.6 M
Very volatile
Common Stock3.1 M3.2 M2.1 B
Slightly volatile
Retained Earnings4.4 B7.5 B2.8 B
Slightly volatile
Cash1.2 B1.9 BB
Slightly volatile
Long Term Debt2.6 B3.6 B3.2 B
Slightly volatile
Short and Long Term Debt Total3.3 B3.8 B3.8 B
Pretty Stable
Total Permanent Equity3.6 B4.4 B3.3 B
Slightly volatile
Noncontrolling Interest In Consolidated Entity4.1 M4.3 M6.4 M
Pretty Stable
Net Debt2.4 B1.9 B2.8 B
Very volatile
Cash And Short Term Investments1.4 B1.9 B1.1 B
Slightly volatile
Common Stock Total Equity3.8 M4.1 M3.6 M
Slightly volatile
Retained Earnings Total Equity3.9 B6.9 B2.7 B
Slightly volatile
Long Term Debt Total2.5 BB3.1 B
Slightly volatile
Capital Surpluse3.5 B4.3 BB
Slightly volatile
Additional Paid In Capital2.7 B2.8 B2.5 B
Slightly volatile
Deferred Long Term Liabilities91.8 M99.9 M84.9 M
Slightly volatile
Short and Long Term Debt1.6 B899.7 M2.4 B
Slightly volatile
Non Current Liabilities Other9.2 M9.7 M271.2 M
Slightly volatile
Cash And Equivalents1.2 B815.6 M954.4 M
Slightly volatile
Net Invested Capital13.4 B14 B10.2 B
Slightly volatile
Capital Stock3.9 M4.1 M3.5 M
Slightly volatile
Capital Lease Obligations149.3 M163.9 M200.5 M
Slightly volatile
Long Term Investments65.6 M73.8 M80.4 M
Slightly volatile

Fortive Corp Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization309.5 M456.8 M265 M
Slightly volatile
Total Revenue4.7 B3.6 B5.8 B
Slightly volatile
Gross Profit3.4 B3.6 B3.1 B
Slightly volatile
Other Operating Expenses3.8 B2.5 B4.7 B
Slightly volatile
Operating Income869.5 M1.1 B1.1 B
Slightly volatile
EBIT867.1 M1.1 B1.1 B
Slightly volatile
Research Development424.7 M397.8 M384.2 M
Slightly volatile
EBITDA1.1 B1.1 B1.3 B
Slightly volatile
Cost Of Revenue2.3 B2.5 B2.9 B
Slightly volatile
Total Operating Expenses2.2 B2.5 BB
Slightly volatile
Income Before Tax886.9 M990.8 M1.1 B
Slightly volatile
Net Income1.2 B865.8 MB
Pretty Stable
Income Tax Expense180.9 M125 M241.5 M
Slightly volatile
Selling General Administrative1.9 BB1.8 B
Slightly volatile
Net Income Applicable To Common Shares1.2 B868.5 MB
Pretty Stable
Net Income From Continuing Ops716.6 M827.8 M880.5 M
Pretty Stable
Minority Interest10.4 M9.8 M7.8 M
Slightly volatile
Tax Provision145.5 M142.5 M254.2 M
Slightly volatile
Interest Income107.4 M113 M137.8 M
Slightly volatile
Reconciled Depreciation402.9 M457.7 M279 M
Slightly volatile
Preferred Stock And Other Adjustments41.5 M31.1 M39.6 M
Pretty Stable

Fortive Corp Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation62 M113.3 M53.1 M
Slightly volatile
Free Cash Flow1.2 B1.2 BB
Slightly volatile
Depreciation311.6 M456.8 M266.7 M
Slightly volatile
Capital Expenditures79.5 M107.8 M94.1 M
Pretty Stable
Total Cash From Operating Activities1.3 B1.4 B1.1 B
Slightly volatile
Net Income970.7 M865.8 M872.5 M
Pretty Stable
Dividends Paid96.9 M102 M288.3 M
Very volatile
End Period Cash Flow1.3 B1.9 BB
Slightly volatile
Begin Period Cash Flow1.2 B709.2 M953.6 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio2.624.27923.1114
Slightly volatile
Dividend Yield0.00370.00390.0946
Slightly volatile
PTB Ratio3.562.51523.1543
Very volatile
Days Sales Outstanding49.1864.318759.5279
Slightly volatile
Book Value Per Share15.6429.273518.3466
Slightly volatile
Free Cash Flow Yield0.06230.0480.0578
Slightly volatile
Invested Capital0.420.3570.4368
Slightly volatile
Operating Cash Flow Per Share2.683.843.2262
Slightly volatile
Stock Based Compensation To Revenue0.01960.01870.0096
Slightly volatile
PB Ratio3.562.51523.1543
Very volatile
EV To Sales2.964.5963.3799
Slightly volatile
Free Cash Flow Per Share2.463.53422.9547
Slightly volatile
ROIC0.110.07070.1118
Slightly volatile
Inventory Turnover5.964.60275.6226
Slightly volatile
Net Income Per Share2.462.45622.9219
Pretty Stable
Days Of Inventory On Hand54.9679.300965.6983
Slightly volatile
Payables Turnover4.994.06054.6696
Slightly volatile
Research And Ddevelopement To Revenue0.05110.06560.0627
Pretty Stable
Cash Per Share3.055.35833.1669
Slightly volatile
POCF Ratio13.3819.174516.2442
Slightly volatile
Payout Ratio0.110.11781.7116
Slightly volatile
PFCF Ratio14.6220.833717.7192
Slightly volatile
Days Payables Outstanding64.8189.891178.2634
Slightly volatile
Income Quality1.081.56341.3172
Slightly volatile
ROE0.07970.08390.1741
Pretty Stable
EV To Operating Cash Flow14.9420.593917.3943
Slightly volatile
PE Ratio17.329.977620.8772
Slightly volatile
Return On Tangible Assets0.330.1870.3085
Slightly volatile
EV To Free Cash Flow16.3422.375918.9936
Slightly volatile
Earnings Yield0.06290.03340.0572
Pretty Stable
Intangibles To Total Assets0.540.72620.6701
Pretty Stable
Net Debt To EBITDA1.151.2081.9767
Very volatile
Current Ratio1.52.02121.36
Very volatile
Receivables Turnover6.575.67496.1254
Slightly volatile
Graham Number28.4240.221433.6104
Slightly volatile
Shareholders Equity Per Share15.6429.273518.3466
Slightly volatile
Debt To Equity0.420.3570.4368
Slightly volatile
Revenue Per Share19.2717.206517.537
Very volatile
Interest Debt Per Share7.510.80097.6329
Slightly volatile
Debt To Assets0.190.21780.202
Slightly volatile
Enterprise Value Over EBITDA13.217.526515.1159
Slightly volatile
Short Term Coverage Ratios2.061.51.9575
Slightly volatile
Price Earnings Ratio17.329.977620.8772
Slightly volatile
Operating Cycle104144125
Slightly volatile
Price Book Value Ratio3.562.51523.1543
Very volatile
Days Of Payables Outstanding64.8189.891178.2634
Slightly volatile
Dividend Payout Ratio0.110.11781.7116
Slightly volatile
Price To Operating Cash Flows Ratio13.3819.174516.2442
Slightly volatile
Price To Free Cash Flows Ratio14.6220.833717.7192
Slightly volatile
Pretax Profit Margin0.210.16340.1889
Pretty Stable
Ebt Per Ebit0.90.8741.0719
Very volatile
Operating Profit Margin0.20.18690.182
Slightly volatile
Effective Tax Rate0.220.12620.2173
Slightly volatile
Company Equity Multiplier1.541.63891.7952
Pretty Stable
Long Term Debt To Capitalization0.360.26110.4232
Slightly volatile
Total Debt To Capitalization0.240.26310.2527
Slightly volatile
Return On Capital Employed0.140.0750.1401
Slightly volatile
Debt Equity Ratio0.420.3570.4368
Slightly volatile
Ebit Per Revenue0.20.18690.182
Slightly volatile
Quick Ratio1.731.65110.9634
Slightly volatile
Net Income Per E B T0.770.87380.913
Pretty Stable
Cash Ratio1.111.05440.5735
Pretty Stable
Cash Conversion Cycle39.3453.728546.9634
Slightly volatile
Operating Cash Flow Sales Ratio0.150.22320.1871
Slightly volatile
Days Of Inventory Outstanding54.9679.300965.6983
Slightly volatile
Days Of Sales Outstanding49.1864.318759.5279
Slightly volatile
Free Cash Flow Operating Cash Flow Ratio0.730.92040.9029
Slightly volatile
Cash Flow Coverage Ratios0.350.36741.134
Slightly volatile
Price To Book Ratio3.562.51523.1543
Very volatile
Fixed Asset Turnover12.1110.197211.5007
Slightly volatile
Price Cash Flow Ratio13.3819.174516.2442
Slightly volatile
Enterprise Value Multiple13.217.526515.1159
Slightly volatile
Debt Ratio0.190.21780.202
Slightly volatile
Cash Flow To Debt Ratio0.350.36741.134
Slightly volatile
Price Sales Ratio2.624.27923.1114
Slightly volatile
Return On Assets0.04860.05120.0972
Slightly volatile
Asset Turnover0.620.35860.6186
Slightly volatile
Net Profit Margin0.140.14270.1694
Pretty Stable
Gross Profit Margin0.420.59260.507
Slightly volatile
Price Fair Value3.562.51523.1543
Very volatile
Return On Equity0.07970.08390.1741
Pretty Stable

Fortive Corp Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap20.2 B24 B24 B
Very volatile
Enterprise Value22.6 B27 B26.7 B
Very volatile

Fortive Fundamental Market Drivers

Forward Price Earnings21.692
Cash And Short Term Investments1.9 B

Fortive Upcoming Events

31st of January 2024
Upcoming Quarterly Report
View
24th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
31st of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

About Fortive Corp Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Fortive Corp income statement, its balance sheet, and the statement of cash flows. Fortive Corp investors use historical funamental indicators, such as Fortive Corp's revenue or net income, to determine how well the company is positioned to perform in the future. Although Fortive Corp investors may use each financial statement separately, they are all related. The changes in Fortive Corp's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Fortive Corp's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Fortive Corp Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Fortive Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue544.6 M350.2 M
Total Revenue3.6 B4.7 B
Cost Of Revenue2.5 B2.3 B
Stock Based Compensation To Revenue 0.02  0.02 
Sales General And Administrative To Revenue 0.00  0.00 
Research And Ddevelopement To Revenue 0.07  0.05 
Capex To Revenue(0.02)(0.02)
Revenue Per Share 17.21  19.27 
Ebit Per Revenue 0.19  0.20 

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When determining whether Fortive Corp is a strong investment it is important to analyze Fortive Corp's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Fortive Corp's future performance. For an informed investment choice regarding Fortive Stock, refer to the following important reports:
Check out the analysis of Fortive Corp Correlation against competitors.
For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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When running Fortive Corp's price analysis, check to measure Fortive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.
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Is Fortive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Fortive Corp. If investors know Fortive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Fortive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.184
Dividend Share
0.3
Earnings Share
2.52
Revenue Per Share
17.411
Quarterly Revenue Growth
0.044
The market value of Fortive Corp is measured differently than its book value, which is the value of Fortive that is recorded on the company's balance sheet. Investors also form their own opinion of Fortive Corp's value that differs from its market value or its book value, called intrinsic value, which is Fortive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Fortive Corp's market value can be influenced by many factors that don't directly affect Fortive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Fortive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Fortive Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Fortive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.