Fortive Corporation (FTV) Financials

NYSE:FTV

Market Cap

26.64B

Total Revenue

5.83B

Gross Profit

3.36B

Operating Income

987.40M

Net Income

755.20M

Metric	2013	2014	2015	2016	2017	2018	2019	2020	2021	2022
revenue	5,961,900,000	6,337,200,000	6,178,800,000	6,224,300,000	6,656,000,000	6,452,700,000	7,320,000,000	4,634,400,000	5,254,700,000	5,825,700,000
costOfRevenue	3,097,900,000	3,288,000,000	3,183,500,000	3,191,500,000	3,357,500,000	3,131,400,000	3,639,700,000	2,025,900,000	2,247,600,000	2,462,300,000
grossProfit	2,864,000,000	3,049,200,000	2,995,300,000	3,032,800,000	3,298,500,000	3,321,300,000	3,680,300,000	2,608,500,000	3,007,100,000	3,363,400,000
researchAndDevelopmentExpenses	378,300,000	387,600,000	377,700,000	384,800,000	406,000,000	414,300,000	456,700,000	320,700,000	354,800,000	401,500,000
sellingAndMarketingExpenses	--	--	--	--	--	--	--	--	--	--
generalAndAdministrativeExpenses	--	--	--	--	--	--	--	--	--	--
sellingGeneralAndAdministrativeExpenses	1,342,500,000	1,416,300,000	1,347,900,000	1,402,000,000	1,537,600,000	1,728,600,000	2,219,500,000	1,748,400,000	1,839,500,000	1,956,600,000
operatingExpenses	1,720,800,000	1,803,900,000	1,725,600,000	1,786,800,000	1,943,600,000	2,142,900,000	2,676,200,000	2,069,100,000	2,194,300,000	2,358,100,000
operatingIncome	1,143,200,000	1,245,300,000	1,269,700,000	1,246,000,000	1,354,900,000	1,178,400,000	1,004,100,000	539,400,000	812,800,000	987,400,000
totalOtherIncomeExpensesNet	--	33,900,000	--	-49,000,000	15,300,000	-3,000,000	-129,600,000	968,300,000	-135,300,000	-113,900,000
ebitda	1,302,900,000	1,389,400,000	1,446,600,000	1,422,400,000	1,529,000,000	1,436,200,000	1,389,500,000	921,000,000	1,226,300,000	1,455,300,000
depreciationAndAmortization	159,700,000	178,000,000	176,900,000	176,400,000	174,100,000	260,800,000	385,400,000	381,600,000	413,500,000	467,900,000
interestIncome	--	--	--	--	--	--	--	--	--	--
interestExpense	--	--	--	49,000,000	86,000,000	97,000,000	-164,200,000	148,500,000	103,200,000	98,300,000
incomeBeforeTax	1,143,200,000	1,279,200,000	1,269,700,000	1,197,000,000	1,284,200,000	1,078,400,000	874,500,000	1,507,700,000	677,500,000	873,500,000
incomeTaxExpense	312,300,000	395,800,000	405,900,000	324,700,000	239,700,000	160,100,000	149,100,000	55,500,000	63,300,000	118,300,000
netIncome	830,900,000	883,400,000	863,800,000	872,300,000	1,044,500,000	2,913,800,000	738,900,000	1,613,300,000	608,400,000	755,200,000
eps	2.41	2.56	2.5	2.52	3.01	8.43	1.99	4.58	1.64	2.12
epsdiluted	2.41	2.56	2.5	2.51	2.96	8.31	1.97	4.49	1.63	2.1
weightedAverageShsOut	345,200,000	345,200,000	345,200,000	345,700,000	347,500,000	345,500,000	335,800,000	337,400,000	349,000,000	356,400,000
weightedAverageShsOutDil	345,200,000	345,200,000	345,200,000	347,300,000	352,600,000	350,700,000	340,000,000	359,000,000	352,300,000	360,800,000
costAndExpenses	4,818,700,000	5,091,900,000	4,909,100,000	4,978,300,000	5,301,100,000	5,274,300,000	6,315,900,000	4,095,000,000	4,441,900,000	4,820,400,000
otherExpenses	--	--	--	--	--	-3,000,000	-6,200,000	-2,400,000	-14,100,000	-15,600,000

Key Facts

Industry

Scientific & Technical Instruments

Sector

Technology

Headquarters

Everett, WA, US

Website

fortive.com

CEO

Mr. James A. Lico

Employees

18000

About the Company

Fortive Corporation designs, develops, manufactures, markets, and services professional and engineered products, software, and services worldwide. Its Intelligent Operating Solutions segment offers connected reliability tools; environment, health, safety, and quality enterprise software products; facility and asset lifecycle software; pre-construction planning and construction procurement solutions; ruggedized professional test tools; electric, pressure, and temperature calibration tools; and portable gas detection tools for a range of vertical end markets including manufacturing, process industries, healthcare, utilities and power, communications and electronics, and others. It markets its products and services under the ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL brands. The company's Precision Technologies segment provides electrical test and measurement instruments and services; energetic material devices; and sensor and control system solutions for power and energy, medical equipment, food and beverage, aerospace and defense, off-highway vehicles, electronics, semiconductors, and other general industrial markets. This segment markets its products under the ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX brands. Its Advanced Healthcare Solutions segment offers hardware and software products and services, including instrument and device reprocessing, instrument tracking, biomedical test tools, radiation safety monitoring, and asset management services; subscription-based surgical inventory management systems to facilitate inventory management and regulatory compliance, as well as technical, analytical, and compliance services to determine radiation exposure services under the ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD brands. Fortive Corporation was incorporated in 2015 and is headquartered in Everett, Washington.