Fortive

Industrials Industrial Machinery & Supplies & Components Everett, Washington Last filing Feb 25, 2026 · FY2025

                    Revenue
                    FY2025
                
$4.2B
                    3y CAGR -10.6%
                    
                    P6
                    
                    +1.9%
                    
                    Net income
                    FY2025
                
$579.2M
                    Net margin +13.9%
                    
                    P59
                    
                    -30.5%
                    
                    Total assets
                    FY2025
                
$11.7B
                    ROA +4.9%
                    
                    P22
                    
                    -31.0%
                    
                    Operating cash flow
                    FY2025
                
$1.1B
                    FCF margin +23.5%
                    
                    P94
                    
                    -29.1%

12 yrs · FY2014–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s total assets.

Balance Sheet

Assets, liabilities, and equity

33 accounts · 10 years

Total assets $11.7B

Total liabilities $2.2B

Shareholders equity $6.5B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash and Cash Equivalents	3.2%	4.8%	11.2%	4.5%	5.0%	11.4%	6.9%	9.1%	9.2%	9.8%
Short Term Investments	0.0%	0.0%	0.0%	0.0%	0.0%	7.0%	0.0%	0.0%	0.0%	0.0%
Accounts Receivable	5.8%	5.6%	5.7%	6.0%	5.6%	5.0%	7.9%	9.3%	10.9%	11.5%
Inventory	2.5%	3.2%	3.2%	3.4%	3.1%	2.8%	3.7%	4.5%	5.5%	6.6%
Prepaid Expenses	2.0%	1.7%	1.7%	1.7%	1.5%	1.3%	2.6%	1.5%	2.4%	2.4%
Other Current Assets	3.2%	2.9%	3.1%	2.9%	2.0%	2.1%	4.5%	4.3%	4.5%	5.2%
Total Current Assets	13.7%	15.2%	21.7%	15.6%	15.3%	27.7%	21.2%	24.6%	28.0%	30.4%
Property,Plant and Equipment	2.3%	2.5%	2.6%	2.7%	2.4%	2.6%	2.4%	4.5%	5.8%	6.7%
Operating Lease Assets	0.8%	1.0%	0.9%	1.0%	1.1%	1.2%	1.2%	—	—	—
Goodwill	62.2%	59.7%	53.9%	56.9%	55.6%	45.8%	41.5%	47.5%	43.4%	48.6%
Intangible Assets	18.6%	19.6%	18.7%	21.9%	23.6%	20.5%	22.0%	19.2%	12.2%	9.1%
Other Noncurrent Assets	3.2%	2.9%	3.1%	2.9%	2.0%	2.1%	4.5%	4.3%	4.5%	5.2%
Total Assets	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%
Liabilities
Accounts Payable	3.7%	4.0%	3.6%	3.9%	3.4%	3.0%	4.4%	5.5%	6.9%	8.1%
Accrued Liabilities	7.8%	7.0%	7.0%	7.0%	5.8%	5.6%	6.6%	7.7%	8.3%	9.8%
Deferred Revenue	3.8%	3.3%	3.2%	3.2%	2.8%	2.3%	2.4%	2.2%	—	2.5%
Current Portion of Long Term Debt	7.7%	2.2%	0.0%	6.3%	13.1%	8.7%	8.6%	3.5%	—	—
Other Current Liabilities	6.2%	7.4%	6.8%	7.7%	7.8%	7.7%	9.1%	8.7%	9.8%	8.2%
Total Current Liabilities	19.1%	13.2%	10.6%	17.2%	22.6%	17.8%	19.9%	17.0%	15.3%	17.9%
Long Term Debt	19.7%	19.6%	21.6%	14.2%	11.0%	17.6%	27.7%	23.0%	38.6%	41.0%
Deferred Revenue Noncurrent	0.2%	0.3%	0.3%	0.2%	0.2%	0.2%	0.6%	0.7%	—	1.0%
Deferred Tax Liabilities	0.0%	6.8%	6.1%	6.7%	6.2%	5.2%	6.0%	6.0%	8.1%	6.7%
Other Noncurrent Liabilities	6.2%	7.4%	6.8%	7.7%	7.8%	7.7%	9.1%	8.7%	9.8%	8.2%
Total Liabilities	19.1%	13.2%	10.6%	17.2%	22.6%	17.8%	19.9%	17.0%	15.3%	17.9%
Equity
Preferred Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Common Stock	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Additional Paid In Capital	35.9%	23.7%	22.8%	23.3%	22.3%	22.1%	19.0%	24.2%	23.3%	29.6%
Retained Earnings	46.2%	48.4%	44.4%	42.4%	36.6%	34.6%	23.7%	27.5%	12.9%	4.9%
Treasury Stock	27.5%	9.5%	0.0%	2.8%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Accumulated Other Comprehensive Income	0.3%	-2.7%	-1.9%	-2.0%	-1.1%	-0.9%	-0.3%	-0.7%	-0.1%	-1.8%
Noncontrolling Interest	0.1%	0.0%	0.0%	0.0%	0.0%	0.1%	0.1%	0.1%	0.2%	0.0%
Total Stockholders Equity	55.0%	59.9%	61.0%	60.9%	57.8%	55.8%	42.4%	51.1%	36.1%	32.8%
Total Liabilitiesand Equity	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%	100.0%

Income Statement

Revenue, expense, and profitability

19 accounts · 10 years

Revenue $4.2B

Operating income $720.2M

Net income $579.2M

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
IncomeStatement
Revenues Total Revenue	35.4%	24.0%	23.1%	36.7%	31.9%	28.9%	26.2%	29.4%	54.8%	65.7%
Expenses Cost of Revenue	12.9%	8.6%	8.5%	15.5%	13.7%	12.6%	11.9%	12.5%	27.0%	32.9%
Expenses Research and Development	2.2%	1.5%	1.4%	2.5%	2.2%	2.0%	1.8%	2.2%	3.5%	4.3%
Expenses Selling,General and Administrative	14.2%	9.7%	9.9%	12.3%	11.2%	10.9%	9.9%	9.8%	13.4%	15.5%
Expenses Depreciation and Amortization	3.7%	2.5%	2.5%	2.9%	2.4%	2.4%	2.0%	1.3%	1.5%	2.0%
Expenses Share Based Compensation	1.0%	0.5%	0.6%	0.6%	0.5%	0.4%	0.3%	0.3%	0.4%	0.5%
Expenses Operating Expenses	-16.4%	-11.2%	-11.3%	-14.8%	—	—	—	—	—	—
Other Income Expense Gross Profit	22.5%	15.4%	14.6%	21.2%	18.3%	16.3%	14.2%	16.9%	27.8%	32.8%
Other Income Expense Operating Income	6.1%	4.2%	3.4%	6.2%	4.9%	3.4%	2.5%	5.0%	10.9%	13.0%
Other Income Expense Interest Expense	-1.0%	-0.9%	-0.7%	-0.6%	0.6%	0.9%	0.8%	0.6%	0.8%	0.6%
Other Income Expense Other Income/expense	0.0%	-0.3%	-0.1%	-0.1%	-0.1%	-0.0%	-0.0%	-0.0%	0.0%	-0.1%
Other Income Expense Income Before Tax	5.1%	3.0%	2.6%	5.5%	4.1%	9.4%	1.9%	4.4%	10.2%	12.3%
Income Tax Income Tax Expense	0.6%	0.1%	0.1%	0.7%	0.4%	0.3%	0.4%	0.6%	1.8%	3.3%
net Income net Income	4.9%	4.9%	5.1%	4.8%	3.7%	10.1%	4.2%	22.6%	9.9%	10.7%
net Income Comprehensive Income	6.4%	4.1%	5.1%	-0.9%	-0.3%	0.3%	0.2%	-1.0%	1.3%	-1.6%
Earnings Per Share Basic Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Diluted Eps	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings Per Share Weighted Average Shares Basic	2.8%	2.1%	2.1%	2.2%	2.1%	2.1%	1.9%	2.7%	3.3%	4.2%
Earnings Per Share Weighted Average Shares Diluted	2.9%	2.1%	2.1%	2.3%	2.1%	2.2%	1.9%	2.7%	3.4%	4.2%

Cash Flow Statement

Operating, investing, and financing flows

19 accounts · 10 years

Operating cash flow $1.1B

Investing cash flow $-135.4M

Financing cash flow $-1.4B

Account	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
CashFlow
Operating Activities net Income	4.9%	4.9%	5.1%	4.8%	3.7%	10.1%	4.2%	22.6%	9.9%	10.7%
Operating Activities Depreciation and Amortization	3.7%	2.5%	2.5%	2.9%	2.4%	2.4%	2.0%	1.3%	1.5%	2.0%
Operating Activities Stock Based Compensation	1.0%	0.5%	0.6%	0.6%	0.5%	0.4%	0.3%	0.3%	0.4%	0.5%
Operating Activities Deferred Income Taxes	0.4%	0.1%	0.5%	0.4%	0.2%	0.6%	0.0%	0.2%	0.6%	0.2%
Operating Activities Changes In Operating Assets and Liabilities	0.4%	0.2%	0.5%	1.4%	1.7%	-0.9%	2.6%	1.4%	2.8%	1.0%
Operating Activities net Cash From Operating Activities	9.2%	9.0%	8.0%	8.2%	5.8%	9.0%	7.3%	10.4%	11.2%	13.9%
Investing Activities Capital Expenditures	0.9%	0.5%	0.5%	0.6%	0.3%	0.5%	0.4%	0.5%	1.1%	1.3%
Investing Activities Business Acquisitions	0.2%	0.0%	0.6%	0.1%	15.6%	0.3%	22.6%	21.5%	14.8%	2.3%
Investing Activities Other Investing Activities	-0.1%	-0.0%	-0.0%	0.0%	0.0%	0.0%	0.0%	-0.0%	-0.0%	0.0%
Investing Activities net Cash From Investing Activities	-1.2%	-10.6%	-1.2%	-0.6%	-15.9%	-0.9%	-23.3%	-15.2%	-15.9%	-3.8%
Financing Activities Repurchase of Common Stock	13.7%	5.2%	1.6%	2.8%	0.0%	0.0%	—	—	—	—
Financing Activities Dividends Paid	0.8%	0.7%	0.6%	0.6%	0.6%	0.6%	0.5%	0.7%	0.9%	0.6%
Financing Activities Proceeds From Stock Issuance	0.6%	0.6%	0.3%	0.1%	0.3%	0.3%	0.2%	0.3%	0.2%	0.7%
Financing Activities Other Financing Activities	0.3%	0.4%	0.1%	-0.0%	0.2%	0.1%	0.1%	0.3%	0.1%	0.0%
Financing Activities net Cash From Financing Activities	-11.8%	-4.7%	0.2%	-8.0%	4.0%	-4.3%	16.1%	6.8%	5.7%	0.0%
Cash Reconciliation Effect of Exchange Rate On Cash	0.0%	-0.1%	-0.1%	-0.2%	-0.0%	0.2%	0.0%	-0.3%	0.5%	-0.3%
Cash Reconciliation net Change In Cash	-3.7%	-6.3%	7.0%	-0.7%	-6.1%	3.9%	0.2%	1.7%	1.5%	9.8%
Cash Reconciliation Cash At Beginning of Period	3.2%	4.8%	11.2%	4.5%	5.0%	11.4%	6.9%	9.1%	9.2%	9.8%
Cash Reconciliation Cash At End of Period	3.2%	4.8%	11.2%	4.5%	5.0%	11.4%	6.9%	9.1%	9.2%	9.8%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 10 years

Ratio	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Profitability
Gross margin	+63.5%	+64.2%	+63.3%	+57.7%	+57.2%	+56.3%	+54.4%	+57.5%	+50.8%	+49.9%
Operating margin	+17.3%	+17.6%	+14.7%	+16.9%	+15.5%	+11.6%	+9.7%	+17.0%	+19.9%	+19.7%
Net margin	+13.9%	+20.4%	+22.1%	+13.0%	+11.6%	+34.8%	+16.2%	+76.7%	+18.1%	+16.2%
FCF margin	+23.5%	+35.3%	+32.6%	+20.7%	+17.3%	+29.4%	+26.2%	+33.5%	+18.5%	+19.1%
Growth
Revenue CAGR (3y)	-10.6%	-8.1%	-5.5%	+8.5%	+11.4%	-7.0%	-5.3%	-15.0%	-3.2%	—
Returns
ROE	+9.0%	+8.2%	+8.4%	+7.8%	+6.4%	+18.0%	+10.0%	+44.2%	+27.6%	+32.5%
ROA	+4.9%	+4.9%	+5.1%	+4.8%	+3.7%	+10.1%	+4.2%	+22.6%	+9.9%	+10.7%
ROIC	+6.9%	+5.2%	+4.5%	+7.0%	+5.8%	+4.6%	+2.8%	+6.3%	+13.7%	+14.8%
Liquidity
Current ratio	0.71x	1.16x	2.05x	0.91x	0.68x	1.55x	1.06x	1.45x	1.83x	1.70x
Quick ratio	0.47x	0.79x	1.59x	0.61x	0.47x	0.92x	0.75x	1.08x	1.31x	1.19x
Leverage
D/E	0.35x	0.22x	0.17x	0.28x	0.39x	0.32x	0.47x	0.33x	0.42x	0.55x
Interest coverage	-5.98x	-4.69x	-4.65x	-10.04x	7.88x	3.63x	3.11x	8.36x	12.89x	22.88x
Efficiency
Asset turnover	0.35x	0.24x	0.23x	0.37x	0.32x	0.29x	0.26x	0.29x	0.55x	0.66x
Cash conversion cycle	+25d	+51d	+71d	+47d	+57d	+59d	+89d	+85d	+54d	+48d

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Fortive

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history