Financials · FTV

Fortive Corporation (FTV) financials

For the twelve months ended Oct 2, 2026, Fortive Corporation reported $4.40B of revenue and $651.90M of net income.

Revenue, TTM
$4.40B
Revenue growth, YoY
+7.0%
Net income, TTM
$651.90M
Net income growth, YoY
+8.2%
Net margin
14.8%
Free cash flow, TTM
$1.09B
EPS, diluted, TTM
$2.10
EPS growth, YoY
+20.0%
Cash
$377.30M
Total debt
$3.51B
P/E
30.64
P/S
4.54
Market cap
$19.97B
Annual revenue$4.16B
FY2016FY2025
Annual net income$579.20M
FY2016FY2025
Annual free cash flow$978.10M
FY2016FY2025

FTV revenue and earnings growth

FTV revenueQ3 2026$1.11B

Quarter YoY
+7.8%
QoQ
+1.0%
FY YoY
+1.9%
5Y CAGR
-2.1%
10Y CAGR
-3.9%

FTV revenue was $1.11B in fiscal Q3 2026 (ended Oct 2, 2026), up 7.8% from a year earlier and up 1.0% from the prior quarter. For the full fiscal 2025 it was $4.16B, up 1.9% from fiscal 2024. Compound annual growth was -2.1% over 5 years and -3.9% over 10 years. It rose in 7 of the last 10 fiscal years.

FTV net incomeQ3 2026$172.50M

Quarter YoY
+213.6%
QoQ
+9.7%
FY YoY
-30.5%
5Y CAGR
-17.8%
10Y CAGR
-3.9%

FTV net income was $172.50M in fiscal Q3 2026 (ended Oct 2, 2026), up 213.6% from a year earlier and up 9.7% from the prior quarter. For the full fiscal 2025 it was $579.20M, down 30.5% from fiscal 2024. Compound annual growth was -17.8% over 5 years and -3.9% over 10 years. It rose in 6 of the last 10 fiscal years.

FTV EPSQ3 2026$0.57

Quarter YoY
+256.2%
QoQ
+11.8%
FY YoY
-26.7%
5Y CAGR
-17.4%
10Y CAGR
-3.6%

FTV diluted EPS was $0.57 in fiscal Q3 2026 (ended Oct 2, 2026), up 256.2% from a year earlier and up 11.8% from the prior quarter. For the full fiscal 2025 it was $1.73, down 26.7% from fiscal 2024. Compound annual growth was -17.4% over 5 years and -3.6% over 10 years.

FTV free cash flowQ3 2026$283.70M

Quarter YoY
+108.9%
QoQ
+9.9%
FY YoY
-32.1%
5Y CAGR
-6.4%
10Y CAGR
+1.0%

FTV free cash flow was $283.70M in fiscal Q3 2026 (ended Oct 2, 2026), up 108.9% from a year earlier and up 9.9% from the prior quarter. For the full fiscal 2025 it was $978.10M, down 32.1% from fiscal 2024. Compound annual growth was -6.4% over 5 years and +1.0% over 10 years. It rose in 7 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue$4.16B$4.08B$3.91B$5.83B$5.25B$4.63B$4.56B$3.80B$5.76B$5.38B
Cost of revenue$1.52B$1.46B$1.44B$2.46B$2.25B$2.03B$2.08B$1.61B$2.83B$2.69B
Gross profit$2.64B$2.62B$2.48B$3.36B$3.01B$2.61B$2.48B$2.19B$2.92B$2.69B
Research and development$259.20M$251.30M$237.00M$401.50M$354.80M$320.70M$320.30M$278.10M$369.30M$351.00M
Selling, general and admin$1.66B$1.65B$1.67B$1.96B$1.84B$1.75B$1.72B$1.26B$1.41B$1.27B
Operating income$720.20M$716.30M$574.00M$987.40M$812.80M$539.40M$443.90M$645.30M$1.14B$1.06B
Interest expense-$120.50M-$152.80M-$123.50M-$98.30M$103.20M$148.50M$142.60M$77.20M$88.70M$46.40M
Pre-tax income$602.20M$506.30M$433.10M$873.50M$677.50M$1.51B$336.70M$565.80M$1.07B$1.01B
Income tax$69.50M$23.80M$24.70M$118.30M$63.30M$55.50M$68.60M$75.60M$189.30M$270.30M
Net income$579.20M$832.90M$865.80M$755.20M$573.90M$1.54B$669.90M$2.88B$1.04B$872.30M
EPS, basic$1.74$2.39$2.46$2.12$1.64$4.58$1.99$8.33$3.01$2.52
EPS, diluted$1.73$2.36$2.43$2.10$1.63$4.49$1.97$8.21$2.96$2.51
Diluted shares334.6M352.8M355.6M360.8M352.3M359.0M340.0M350.7M352.6M347.3M

Balance sheet

Balance sheet
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Cash and equivalents$375.50M$813.30M$1.89B$709.20M$819.30M$1.82B$1.21B$1.18B$962.10M$803.20M
Receivables$683.60M$661.30M$960.80M$958.50M$930.20M$810.30M$890.70M$1.20B$1.02B$945.40M
Inventory$291.80M$269.80M$536.90M$536.70M$512.70M$455.50M$416.20M$574.50M$506.70M$544.60M
Current assets$1.61B$2.59B$3.67B$2.48B$2.51B$4.45B$3.69B$3.17B$2.94B$2.49B
Goodwill$7.30B$7.22B$7.27B$9.05B$9.15B$7.36B$7.24B$4.99B$4.56B$3.45B
Total assets$11.74B$17.02B$16.91B$15.89B$16.47B$16.05B$17.44B$12.91B$10.50B$8.19B
Current liabilities$2.25B$2.24B$1.79B$2.73B$3.71B$2.86B$3.47B$2.19B$1.60B$1.47B
Short-term debt$899.50M$376.20M$0$999.70M$2.15B$1.40B$1.50B$455.60M$0-
Long-term debt$2.31B$3.33B$3.65B$2.25B$1.81B$2.83B$4.83B$2.97B$4.06B$3.36B
Total debt$3.21B$3.71B$3.65B$3.25B$3.96B$4.23B$6.33B$3.43B$4.06B$3.36B
Total liabilities$5.28B$6.82B$6.59B$6.20B$6.95B$7.08B$10.04B$6.29B$6.69B$5.50B
Shareholders' equity$6.45B$10.19B$10.32B$9.68B$9.51B$8.96B$7.39B$6.60B$3.79B$2.69B

Cash flow

Cash flow
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Operating cash flow$1.08B$1.53B$1.35B$1.30B$961.10M$1.44B$1.27B$1.34B$1.18B$1.14B
Capital expenditures$105.10M$86.10M$78.60M$95.80M$50.00M$75.70M$74.50M$69.90M$111.10M$110.10M
Free cash flow$978.10M$1.44B$1.27B$1.21B$911.10M$1.36B$1.20B$1.27B$1.07B$1.03B
Investing cash flow-$135.40M-$1.80B-$195.40M-$102.50M-$2.62B-$148.40M-$4.05B-$1.97B-$1.67B-$310.80M
Financing cash flow-$1.39B-$792.70M$32.30M-$1.27B$652.00M-$696.10M$2.80B$879.10M$599.70M$3.80M
Dividends paid$92.20M$111.20M$102.00M$99.50M$97.70M$94.40M$93.80M$96.60M$97.20M$48.40M
Share repurchases$1.61B$889.60M$272.90M$442.90M$0$0----
Stock-based compensation$116.80M$90.10M$94.50M$93.80M$77.40M$62.60M$52.50M$40.60M$44.20M$40.70M
Depreciation and amortization$437.60M$430.90M$426.20M$465.60M$395.50M$384.00M$341.50M$174.20M$158.30M$160.90M

Key ratios

Key ratios
Line item
Dec 31, 2025
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Revenue growth, YoY1.9%4.3%-32.8%10.9%13.4%1.5%20.1%-34.0%7.0%-13.0%
Net income growth, YoY-30.5%-3.8%14.6%31.6%-62.8%130.5%-76.7%175.6%19.7%1.0%
EPS growth, YoY-26.7%-2.9%15.7%28.8%-63.7%127.9%-76.0%177.4%17.9%0.4%
Gross margin63.5%64.2%63.3%57.7%57.2%56.3%54.4%57.5%50.8%49.9%
Operating margin17.3%17.6%14.7%16.9%15.5%11.6%9.7%17.0%19.9%19.7%
Net margin13.9%20.4%22.1%13.0%10.9%33.3%14.7%75.8%18.1%16.2%
Free cash flow margin23.5%35.3%32.6%20.7%17.3%29.4%26.2%33.5%18.5%19.1%
Return on equity9.0%8.2%8.4%7.8%6.0%17.2%9.1%43.6%27.6%32.5%
Return on assets4.9%4.9%5.1%4.8%3.5%9.6%3.8%22.3%9.9%10.7%
Current ratio0.711.162.050.910.681.551.061.451.831.70
Debt to equity0.500.360.350.340.420.470.860.521.071.25

Source: XBRL data Fortive Corporation files with the SEC, latest filing dated Oct 28, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

FTV peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
FTV$4.40B+7.0%$651.90M14.8%$19.97B
ASML€32.67B+15.6%€9.61B29.4%$583.23B
LRCX$26.13B+33.4%$8.45B32.3%$276.45B
TMO$47.35B+8.3%$7.07B14.9%$267.38B
DE$47.98B+8.0%$4.87B10.2%$186.39B
DHR$25.61B+5.5%$4.33B16.9%$165.41B
ETN$31.98B+20.1%$3.90B12.2%$139.59B
JCI$24.43B+5.1%$3.53B14.5%$85.71B
ITW$16.65B+4.8%$3.23B19.4%$81.49B

FTV FAQ

9 questions
  • What is FTV revenue?
    Fortive Corporation (FTV) reported $4.40B of revenue for the twelve months ended Oct 2, 2026. That is up 7.0% from the year before. Revenue for fiscal 2025 was $4.16B.
  • Is FTV profitable?
    Yes. Fortive Corporation earned $651.90M in net income for the twelve months ended Oct 2, 2026, a net margin of 14.8%.
  • How much cash and debt does FTV have?
    Fortive Corporation reported $377.30M in cash and cash equivalents and $3.51B of debt on its most recent balance sheet in SEC filings.
  • How fast is FTV revenue growing?
    Fortive Corporation's revenue changed +1.9% in fiscal 2025, to $4.16B. Its compound annual growth rate was -2.1% over 5 years and -3.9% over 10 years.
  • What is FTV gross margin?
    Fortive Corporation's gross profit was $2.79B on $4.40B of revenue for the twelve months ended Oct 2, 2026, a gross margin of 63.5%.
  • What is FTV free cash flow?
    Fortive Corporation generated $1.09B of free cash flow for the twelve months ended Oct 2, 2026, which is operating cash flow of $1.20B less capital expenditures.
  • What is FTV earnings per share?
    Diluted earnings per share were $2.10 for the twelve months ended Oct 2, 2026, from SEC filings, restated for any stock split those filings show.
  • When did FTV last report financial results?
    The latest statements here come from Fortive Corporation's 10-Q filed on Oct 28, 2026, covering the period ended Oct 2, 2026.
  • Where does this FTV financial data come from?
    Quantisnow builds these statements from the structured XBRL data Fortive Corporation files with the SEC. It is provided for information only and is not investment advice.