Fortive Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	4,159	6,232	6,065	5,826	5,255
Revenue Growth (YoY)	-33.26%	2.74%	4.11%	10.87%	13.38%
Cost of Revenue	1,518	2,501	2,471	2,462	2,248
Gross Profit	2,641	3,731	3,594	3,363	3,007
Selling, General & Admin	1,662	2,174	2,066	1,956	1,842
Research & Development	259.2	414	397.8	401.5	354.8
Operating Expenses	1,921	2,588	2,463	2,358	2,197
Operating Income	720.2	1,143	1,131	1,006	810.6
Interest Expense	-120.5	-152.8	-123.5	-98.3	-103.2
Other Non Operating Income (Expenses)	2.5	-58	-16.5	-8.4	-11.9
EBT Excluding Unusual Items	602.2	932.1	990.8	899	695.5
Merger & Restructuring Charges	-	-	-	-17.9	-
Gain (Loss) on Sale of Investments	-	-	-	-8.1	57
Gain (Loss) on Sale of Assets	-	37.5	-	0.5	-
Legal Settlements	-	-	-	-	29.9
Other Unusual Items	-	-	-	-	-104.9
Pretax Income	602.2	969.6	990.8	873.5	677.5
Income Tax Expense	69.5	136.7	125	118.3	63.3
Earnings From Continuing Operations	532.7	832.9	865.8	755.2	614.2
Earnings From Discontinued Operations	46.5	-	-	-	-5.8
Net Income	579.2	832.9	865.8	755.2	608.4
Preferred Dividends & Other Adjustments	-	-	-	-	34.5
Net Income to Common	579.2	832.9	865.8	755.2	573.9
Net Income Growth	-30.46%	-3.80%	14.64%	24.13%	-62.29%
Shares Outstanding (Basic)	332	349	353	356	349
Shares Outstanding (Diluted)	335	353	356	361	352
Shares Change (YoY)	-5.16%	-0.79%	-1.44%	2.41%	-1.87%
EPS (Basic)	1.74	2.39	2.46	2.12	1.64
EPS (Diluted)	1.73	2.36	2.43	2.10	1.63
EPS Growth	-26.74%	-2.88%	15.82%	28.44%	-63.65%
Free Cash Flow	978.1	1,406	1,246	1,207	911.1
Free Cash Flow Per Share	2.92	3.99	3.50	3.35	2.59
Dividend Per Share	0.280	0.320	0.290	0.280	0.280
Dividend Growth	-12.50%	10.35%	3.57%	-	-
Gross Margin	63.50%	59.87%	59.26%	57.73%	57.23%
Operating Margin	17.32%	18.34%	18.64%	17.26%	15.43%
Profit Margin	13.93%	13.36%	14.27%	12.96%	10.92%
Free Cash Flow Margin	23.52%	22.57%	20.54%	20.72%	17.34%
EBITDA	1,158	1,687	1,588	1,471	1,206
EBITDA Margin	27.84%	27.07%	26.17%	25.25%	22.95%
D&A For EBITDA	437.6	543.9	456.8	465.6	395.5
EBIT	720.2	1,143	1,131	1,006	810.6
EBIT Margin	17.32%	18.34%	18.64%	17.26%	15.43%
Effective Tax Rate	11.54%	14.10%	12.62%	13.54%	9.34%
Revenue as Reported	-	6,232	6,065	5,826	5,255

Updated Feb 4, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q