Fortive Corporation (FTV) Financial Statements

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Fortive financial statements at a glance

Fortive reported revenue of $4.16 billion for fiscal year 2025 (ended December 31, 2025), down 33.3% from fiscal year 2024. Net income was $579.20 million, a net margin of 13.9%.

At the end of fiscal year 2025 it had total assets of $11.74 billion, total liabilities of $5.28 billion and shareholders' equity of $6.45 billion, with total debt of $3.21 billion.

Its operations brought in $1.08 billion of cash.

The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.

Figures from company filings, in USD; latest fiscal year ended December 31, 2025.

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Fortive Corporation

FTVUnited States
Manufacturing and Production
USD (Local)

Income Statement

Annual • USD

Revenue
4.16B
Prev Year: 6.23B
YoY: -33.3%
Total Revenue
-
Cost of Revenue
1.52B
Prev Year: 2.50B
YoY: -39.3%
Gross Profit
2.64B
Prev Year: 3.73B
YoY: -29.2%
SG&A Expenses
1.66B
Prev Year: 2.14B
YoY: -22.4%
Operating Expense
-
R&D Expense
259.20M
Prev Year: 414.00M
YoY: -37.4%
Operating Expenses
3.44B
Prev Year: 5.05B
YoY: -31.9%
Net Non Operating Interest Income Expense
-
Operating Income
720.20M
Prev Year: 1.18B
YoY: -39.0%
Pre-tax Income
-
Interest Inc.(Exp.),Net-Non-Op., Total
-159.90M
Prev Year: -192.20M
YoY: +16.8%
Other, Net
41.90M
Prev Year: -19.20M
YoY: +318.2%
Net Income Common Stockholders
-
Net Income Before Taxes
602.20M
Prev Year: 969.60M
YoY: -37.9%
Diluted NI Available to Com Stockholders
-
Provision for Income Taxes
69.50M
Prev Year: 136.70M
YoY: -49.2%
Basic EPS
-
Net Income After Taxes
532.70M
Prev Year: 832.90M
YoY: -36.0%
Diluted EPS
-
Net Income Before Extra. Items
532.70M
Prev Year: 832.90M
YoY: -36.0%
Weighted Average Shares (basic)
-
Total Extraordinary Items
46.50M
Weighted Average Shares (diluted)
-
Net Income
579.20M
Prev Year: 832.90M
YoY: -30.5%
Total Operating Income as Reported
-
Income Available to Com Excl ExtraOrd
532.70M
Prev Year: 832.90M
YoY: -36.0%
Total Expenses
-
Income Available to Com Incl ExtraOrd
579.20M
Prev Year: 832.90M
YoY: -30.5%
Net Income from Continuing and Discontinued Operation
-
Diluted Net Income
579.20M
Prev Year: 832.90M
YoY: -30.5%
Normalized Income
-
Diluted Weighted Average Shares
334.60M
Prev Year: 352.80M
YoY: -5.2%
Net Interest Income
-
Diluted EPS Excluding ExtraOrd Items
1.592
Prev Year: 2.361
YoY: -32.6%
EBIT
-
DPS - Common Stock Primary Issue
0.28
Prev Year: 0.32
YoY: -12.5%
EBITDA
-
Diluted Normalized EPS
1.677
Prev Year: 2.398
YoY: -30.1%
Unusual Expense (Income)
-
Prev Year: -4.30M
Reconciled Cost of Revenue
-
Values in USD

Fortive key figures by fiscal year

FY2025FY2024FY2023FY2022FY2021
Revenue$4.2B$6.2B$6.1B$5.8B$5.3B
Gross profit$2.6B$3.7B$3.6B$3.4B$3.0B
Operating income$720.2M$1.2B$1.1B$987.4M$812.8M
Net income$579.2M$832.9M$865.8M$755.2M$573.9M
Diluted EPS––––$1.63
Total assets$11.7B$17.0B$16.9B$15.9B$16.5B
Total liabilities$5.3B$6.8B$6.6B$6.2B$6.9B
Shareholders' equity$6.5B$10.2B$10.3B$9.7B$9.5B
Cash––––$819.3M
Total debt$3.2B$3.7B$3.6B$3.3B$4.1B
Operating cash flow$1.1B$1.5B$1.4B$1.3B$961.1M
Capital spending––––$50.0M
Free cash flow––––$911.1M

In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.

Questions and answers

What was Fortive's revenue in fiscal year 2025?

$4.16 billion, down 33.3% from $6.23 billion in fiscal year 2024.

How much profit does Fortive make?

Fortive reported net income of $579.20 million for fiscal year 2025 (13.9% of revenue); operating income was $720.20 million.

How much cash and debt does Fortive have?

At the end of fiscal year 2025: total debt of $3.21 billion.

Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.
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