Fortive Corp (FTV) Financial Statements
Industry: Industrial Instruments For Measurement, Display, and Control
In fiscal 2025, Fortive reported revenue of $4.16B, down 33.3% from $6.23B the year before. Net income was $579.2M (a 13.9% net margin), or $1.73 per diluted share. Gross margin was 63.5% and operating margin was 17.3%. Operating activities generated $1.08B of cash, leaving $978.1M of free cash flow. At fiscal year end, Fortive held $11.74B in total assets against $5.28B in total liabilities, including $375.5M of cash and equivalents.
Open the full interactive Fortive financials → Quarterly statements, key ratios, valuation history and price charts.
Fortive Key Stats
| Share Price | $58.07 |
|---|---|
| Market Cap | $17.86B |
| P/E Ratio | 33.6 |
| Revenue YoY Growth | -33.3% |
| 52-Week Range | $48.28 – $64.01 |
| Shares Outstanding | 304.2 million (basic, 2026 Q2) |
Fortive Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $4.63B | $5.25B | $5.83B | $6.07B | $6.23B | $4.16B |
| Cost of Goods Sold | $2.03B | $2.25B | $2.46B | $2.47B | $2.50B | $1.52B |
| Gross Profit | $2.61B | $3.01B | $3.36B | $3.59B | $3.73B | $2.64B |
| Operating Income | $539.4M | $812.8M | $987.4M | $1.13B | $1.21B | $720.2M |
| Pre-Tax Income | $1.51B | $677.5M | $873.5M | $990.8M | $969.6M | $602.2M |
| Income Tax | $55.5M | $63.3M | $118.3M | $125.0M | $136.7M | $69.5M |
| Net Income | $1.61B | $608.4M | $755.2M | $865.8M | $832.9M | $579.2M |
| Diluted EPS | $4.49 | $1.63 | $2.10 | $2.43 | $2.36 | $1.73 |
Fortive Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $1.03B | $139.0M | $1.07B | $1.10B |
| Net Income | $55.0M | $185.7M | $136.4M | $157.3M |
| Diluted EPS | $0.16 | $0.55 | $0.44 | $0.51 |
Fortive Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.82B | $819.3M | $709.2M | $1.89B | $813.3M | $375.5M |
| Current Assets | $4.45B | $2.51B | $2.48B | $3.67B | $2.59B | $1.61B |
| Total Assets | $16.05B | $16.47B | $15.89B | $16.91B | $17.02B | $11.74B |
| Current Liabilities | $2.86B | $3.71B | $2.73B | $1.79B | $2.24B | $2.25B |
| Total Long-Term Debt | $4.23B | $4.01B | $3.25B | $3.65B | $3.71B | $3.21B |
| Total Liabilities | $7.09B | $6.95B | $6.21B | $6.59B | $6.83B | $5.28B |
| Shareholders' Equity | $8.96B | $9.51B | $9.68B | $10.32B | $10.19B | $6.45B |
Fortive Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $1.44B | $961.1M | $1.30B | $1.35B | $1.53B | $1.08B |
| Cash From Investing | -$148.4M | -$2.62B | -$102.5M | -$195.4M | -$1.80B | -$135.4M |
| Cash From Financing | -$696.1M | $652.0M | -$1.27B | $32.3M | -$792.7M | -$1.39B |
| Free Cash Flow | $1.36B | $911.1M | $1.21B | $1.25B | $1.41B | $978.1M |
| Dividends Paid | — | — | — | — | $111.2M | — |
Figures from Fortive's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Fortive financials page for every line item.
Fortive Company Profile
| Ticker | FTV |
|---|---|
| Exchange | NYSE |
| Industry | Industrial Instruments For Measurement, Display, and Control |
| Headquarters | Everett, Washington |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001659166 |
Frequently Asked Questions
What was Fortive's revenue in fiscal 2025?
Fortive (FTV) reported revenue of $4.16B for fiscal 2025.
What is Fortive's annual revenue history?
Fortive's annual revenue by fiscal year: 2020: $4.63B; 2021: $5.25B; 2022: $5.83B; 2023: $6.07B; 2024: $6.23B; 2025: $4.16B.
What was Fortive's net income in fiscal 2025?
Fortive reported net income of $579.2M for fiscal 2025.
What was Fortive's earnings per share (EPS) in fiscal 2025?
Fortive's diluted EPS was $1.73 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Fortive generate in fiscal 2025?
Fortive generated $978.1M of free cash flow in fiscal 2025.
What was Fortive's revenue last quarter?
In its most recent reported quarter (2026 Q2), Fortive reported revenue of $1.10B.
How much debt does Fortive have?
Fortive reported $3.21B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Fortive are outstanding?
Fortive reported a weighted average of 304.2 million basic shares outstanding in 2026 Q2.
What is Fortive's market cap?
Based on its latest closing price, Fortive (FTV) has a market capitalization of about $17.86B.
When does Fortive's fiscal year end?
Fortive's fiscal year end, as registered with the SEC, is December 31.
Where is Fortive headquartered?
Fortive lists its business address in Everett, Washington in its SEC filings.