Fortive Operating Income vs Net Income From Continuing Ops Analysis

FTV Stock  USD 47.22  0.67  1.44%   
Fortive Corp financial indicator trend analysis is much more than just examining Fortive Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Fortive Corp is a good investment. Please check the relationship between Fortive Corp Operating Income and its Net Income From Continuing Ops accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.

Operating Income vs Net Income From Continuing Ops

Operating Income vs Net Income From Continuing Ops Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Fortive Corp Operating Income account and Net Income From Continuing Ops. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Fortive Corp's Operating Income and Net Income From Continuing Ops is -0.26. Overlapping area represents the amount of variation of Operating Income that can explain the historical movement of Net Income From Continuing Ops in the same time period over historical financial statements of Fortive Corp, assuming nothing else is changed. The correlation between historical values of Fortive Corp's Operating Income and Net Income From Continuing Ops is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Operating Income of Fortive Corp are associated (or correlated) with its Net Income From Continuing Ops. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income From Continuing Ops has no effect on the direction of Operating Income i.e., Fortive Corp's Operating Income and Net Income From Continuing Ops go up and down completely randomly.

Correlation Coefficient

-0.26
Relationship DirectionNegative 
Relationship StrengthInsignificant

Operating Income

Operating Income is the amount of profit realized from Fortive Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fortive Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income From Continuing Ops

Most indicators from Fortive Corp's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Fortive Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.Tax Provision is likely to climb to about 141.9 M in 2025, whereas Selling General Administrative is likely to drop slightly above 2 B in 2025.
 2022 2023 2024 2025 (projected)
Gross Profit3.4B3.6B3.7B3.5B
Total Revenue5.8B6.1B6.2B4.9B

Fortive Corp fundamental ratios Correlations

0.43-0.120.290.430.240.170.39-0.290.410.07-0.09-0.280.430.30.18-0.15-0.260.320.430.39-0.010.38-0.49-0.44-0.44
0.430.490.850.870.890.420.93-0.430.990.550.38-0.030.970.80.390.47-0.250.890.730.790.510.98-0.83-0.02-0.89
-0.120.490.460.410.70.180.44-0.470.510.680.63-0.230.480.40.50.76-0.030.450.30.280.230.51-0.170.01-0.32
0.290.850.460.680.880.450.69-0.590.850.540.5-0.20.80.650.350.66-0.150.820.340.640.850.91-0.70.2-0.8
0.430.870.410.680.690.010.91-0.390.90.18-0.01-0.140.920.430.040.21-0.090.550.740.530.390.89-0.52-0.38-0.62
0.240.890.70.880.690.550.72-0.560.870.680.65-0.090.820.760.510.75-0.070.860.460.720.620.9-0.680.16-0.77
0.170.420.180.450.010.550.14-0.330.320.60.70.180.230.730.610.51-0.340.70.030.720.310.35-0.570.58-0.54
0.390.930.440.690.910.720.14-0.240.960.40.180.00.980.670.290.28-0.280.740.880.60.340.9-0.74-0.18-0.81
-0.29-0.43-0.47-0.59-0.39-0.56-0.33-0.24-0.4-0.21-0.330.75-0.34-0.23-0.07-0.63-0.17-0.370.02-0.44-0.56-0.490.170.260.27
0.410.990.510.850.90.870.320.96-0.40.520.35-0.040.990.740.380.47-0.230.840.760.690.520.98-0.79-0.05-0.87
0.070.550.680.540.180.680.60.4-0.210.520.890.170.450.770.90.71-0.420.760.350.530.220.51-0.60.46-0.64
-0.090.380.630.5-0.010.650.70.18-0.330.350.890.030.270.660.80.84-0.260.660.10.430.370.37-0.420.56-0.48
-0.28-0.03-0.23-0.2-0.14-0.090.180.00.75-0.040.170.03-0.040.190.27-0.25-0.210.080.140.04-0.3-0.08-0.170.56-0.1
0.430.970.480.80.920.820.230.98-0.340.990.450.27-0.040.70.340.39-0.230.790.810.640.450.96-0.76-0.12-0.85
0.30.80.40.650.430.760.730.67-0.230.740.770.660.190.70.690.52-0.380.970.590.860.310.72-0.920.34-0.89
0.180.390.50.350.040.510.610.29-0.070.380.90.80.270.340.690.6-0.420.630.340.350.00.34-0.530.49-0.61
-0.150.470.760.660.210.750.510.28-0.630.470.710.84-0.250.390.520.60.080.610.050.350.590.52-0.310.37-0.49
-0.26-0.25-0.03-0.15-0.09-0.07-0.34-0.28-0.17-0.23-0.42-0.26-0.21-0.23-0.38-0.420.08-0.34-0.33-0.250.06-0.170.39-0.250.35
0.320.890.450.820.550.860.70.74-0.370.840.760.660.080.790.970.630.61-0.340.560.860.510.84-0.930.32-0.94
0.430.730.30.340.740.460.030.880.020.760.350.10.140.810.590.340.05-0.330.560.45-0.080.65-0.62-0.31-0.65
0.390.790.280.640.530.720.720.6-0.440.690.530.430.040.640.860.350.35-0.250.860.450.350.73-0.820.1-0.72
-0.010.510.230.850.390.620.310.34-0.560.520.220.37-0.30.450.310.00.590.060.51-0.080.350.62-0.360.3-0.47
0.380.980.510.910.890.90.350.9-0.490.980.510.37-0.080.960.720.340.52-0.170.840.650.730.62-0.77-0.02-0.85
-0.49-0.83-0.17-0.7-0.52-0.68-0.57-0.740.17-0.79-0.6-0.42-0.17-0.76-0.92-0.53-0.310.39-0.93-0.62-0.82-0.36-0.77-0.230.95
-0.44-0.020.010.2-0.380.160.58-0.180.26-0.050.460.560.56-0.120.340.490.37-0.250.32-0.310.10.3-0.02-0.23-0.25
-0.44-0.89-0.32-0.8-0.62-0.77-0.54-0.810.27-0.87-0.64-0.48-0.1-0.85-0.89-0.61-0.490.35-0.94-0.65-0.72-0.47-0.850.95-0.25
Click cells to compare fundamentals

Fortive Corp Account Relationship Matchups

Fortive Corp fundamental ratios Accounts

202020212022202320242025 (projected)
Common Stock Shares Outstanding359M352.3M360.8M355.6M352.8M385.2M
Total Assets16.1B16.5B15.9B16.9B17.0B14.0B
Other Current Liab444.3M405.5M423.9M470.7M1.0B588.0M
Total Current Liabilities2.9B3.7B2.7B1.8B2.2B2.4B
Total Stockholder Equity9.0B9.5B9.7B10.3B10.2B7.8B
Other Liab1.6B1.2B1.3B1.1B1.3B1.1B
Property Plant And Equipment Net610.7M571.1M421.9M594.8M433.1M609.1M
Current Deferred Revenue376.4M457.6M509.6M544.6M626.3M350.2M
Accounts Payable480.8M557.9M623M608.6M677.4M493.0M
Non Current Assets Total11.6B14.0B13.4B13.2B14.4B11.0B
Non Currrent Assets Other344.1M337.3M455.8M363.9M494.7M481.2M
Other Assets344.1M337.3M455.8M1.0494.7M619.9M
Net Receivables890.7M810.3M930.2M958.5M1.1B782.3M
Good Will7.4B9.2B9.0B9.1B10.2B7.4B
Liabilities And Stockholders Equity16.1B16.5B15.9B16.9B17.0B14.0B
Non Current Liabilities Total4.2B3.2B3.5B4.8B4.6B3.9B
Inventory455.5M512.7M536.7M536.9M544.8M591.7M
Other Current Assets237.1M505.4M272.6M177.1M288.8M356.0M
Other Stockholder Equity3.6B3.7B3.3B3.1B2.4B2.5B
Total Liab7.1B6.9B6.2B6.6B6.8B6.3B
Property Plant And Equipment Gross610.7M571.1M1.2B1.2B1.3B814.1M
Total Current Assets4.4B2.5B2.5B3.7B2.6B3.0B
Accumulated Other Comprehensive Income(141.1M)(185M)(325.7M)(326.1M)(465.4M)(442.1M)
Short Term Debt1.5B2.2B1.0B37.6M413M392.4M
Intangible Assets3.3B3.9B3.5B3.2B3.3B2.6B
Property Plant Equipment422M571.1M421.9M439.8M433.1M403.8M
Net Tangible Assets(3.4B)(1.5B)(3.5B)(2.9B)(2.6B)(2.7B)
Retained Earnings5.5B6.0B6.7B7.5B8.2B4.8B
Cash1.8B819.3M709.2M1.9B813.3M1.2B
Long Term Debt2.8B1.8B2.3B3.6B3.3B2.6B
Cash And Short Term Investments2.9B819.3M709.2M1.9B813.3M1.2B
Short Long Term Debt Total4.4B4.1B3.3B3.8B3.9B3.4B
Noncontrolling Interest In Consolidated Entity17.4M13.2M8.5M4.8M4.3M4.1M
Net Debt2.6B3.3B2.5B1.9B3.1B2.4B
Retained Earnings Total Equity3.6B4.1B5.5B6.0B6.9B3.9B
Long Term Debt Total2.8B1.8B2.3B3.6B3.3B2.6B
Capital Surpluse3.6B3.7B3.7B3.9B4.0B3.7B
Short Long Term Debt1.4B2.2B999.7M376.2M338.6M321.7M

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