Fortive Corp
FTV- Exchange
- NYSE
- Industry
- Industrial Instruments For Measurement, Display, and Control
- SEC CIK
- 0001659166
In the last 90 days, Fortive Corp insiders filed 0 open-market purchases and 2 sales; 817 institutions reported holding it in 13F filings for Q2 2026, worth $20.1B in total; superinvestors Viking Global Investors and Weitz Investment Management hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 29, 2026, 1:14 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 4, 2026 | Feb 7, 2025 | Jan 31, 2024 | Feb 1, 2023 | Feb 3, 2022 |
| Revenue | $4.16B | $6.23B | $6.07B | $5.83B | $5.25B |
| Cost of revenue | $1.52B | $2.50B | $2.47B | $2.46B | $2.25B |
| Gross profit | $2.64B | $3.73B | $3.59B | $3.36B | $3.01B |
| Operating expenses | -$1.92B | -$2.59B | – | – | – |
| Research and development | $259.2M | $414.0M | $397.8M | $401.5M | $354.8M |
| Selling, general and administrative | $1.66B | $2.17B | $2.06B | $1.96B | $1.84B |
| Operating income | $720.2M | $1.21B | $1.13B | $987.4M | $812.8M |
| Interest expense | -$120.5M | -$152.8M | $123.5M | $98.3M | $103.2M |
| Income tax | $69.5M | $136.7M | $125.0M | $118.3M | $63.3M |
| Net income | $579.2M | $832.9M | $865.8M | $755.2M | $608.4M |
| EPS, basic | $1.74 | $2.39 | $2.46 | $2.12 | $1.64 |
| EPS, diluted | $1.73 | $2.36 | $2.43 | $2.10 | $1.63 |
| Weighted shares, basic | 332.0M | 349.2M | 352.5M | 356.4M | 349.0M |
| Weighted shares, diluted | 334.6M | 352.8M | 355.6M | 360.8M | 352.3M |
| Margins and growth | |||||
| Gross margin | 63.5% | 59.9% | 59.3% | 57.7% | 57.2% |
| Operating margin | 17.3% | 19.4% | 18.7% | 16.9% | 15.5% |
| Net margin | 13.9% | 13.4% | 14.3% | 13.0% | 11.6% |
| Revenue growth, year over year | −33.3% | +2.7% | +4.1% | +10.9% | +13.4% |
| Net income growth, year over year | −30.5% | −3.8% | +14.6% | +24.1% | −62.3% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 4, 2026 | Feb 7, 2025 | Jan 31, 2024 | Feb 1, 2023 | Feb 3, 2022 |
| Cash and equivalents | $375.5M | $813.3M | $1.89B | $709.2M | $819.3M |
| Accounts receivable | $683.6M | $945.4M | $960.8M | $958.5M | $930.2M |
| Inventory | $291.8M | $544.8M | $536.9M | $536.7M | $512.7M |
| Total current assets | $1.61B | $2.59B | $3.67B | $2.48B | $2.51B |
| Property, plant and equipment | $269.8M | $433.1M | $439.8M | $421.9M | $395.5M |
| Goodwill | $7.30B | $10.2B | $9.12B | $9.05B | $9.15B |
| Intangible assets | $2.19B | $3.34B | $3.16B | $3.49B | $3.89B |
| Total assets | $11.7B | $17.0B | $16.9B | $15.9B | $16.5B |
| Short-term debt | $899.5M | $376.2M | $0 | $999.7M | $2.15B |
| Total current liabilities | $2.25B | $2.24B | $1.79B | $2.73B | $3.71B |
| Long-term debt | $2.31B | $3.33B | $3.65B | $2.25B | $1.81B |
| Shareholders' equity | $6.46B | $10.2B | $10.3B | $9.69B | $9.52B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 4, 2026 | Feb 7, 2025 | Jan 31, 2024 | Feb 1, 2023 | Feb 3, 2022 |
| Operating cash flow | $1.08B | $1.53B | $1.35B | $1.30B | $961.1M |
| Capital expenditures | $105.1M | $120.4M | $107.8M | $95.8M | $50.0M |
| Free cash flow | $978.1M | $1.41B | $1.25B | $1.21B | $911.1M |
| Depreciation and amortization | $437.6M | $543.9M | $456.8M | $465.6M | $395.5M |
| Stock-based compensation | $116.8M | $109.2M | $113.3M | $93.8M | $77.4M |
| Dividends paid | $92.2M | $111.2M | $102.0M | $99.5M | $97.7M |
| Share buybacks | $1.61B | $889.6M | $272.9M | $442.9M | – |
| Investing cash flow | -$135.4M | -$1.80B | -$195.4M | -$102.5M | -$2.62B |
| Financing cash flow | -$1.39B | -$792.7M | $32.3M | -$1.27B | $652.0M |
| Net change in cash | -$437.8M | -$1.08B | $1.18B | -$110.1M | -$1.01B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 2.8% | 1.8% | 1.9% | 1.6% | 1.5% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 23, 2026 | 297.6M | −6.3% | SEC |
| Jul 24, 2026 | 302.0M | −10.7% | SEC |
| Apr 24, 2026 | 304.9M | −10.3% | SEC |
| Feb 20, 2026 | 307.9M | −9.5% | SEC |
| Oct 24, 2025 | 317.6M | −8.5% | SEC |
| Jul 25, 2025 | 338.3M | −3.4% | SEC |
| Apr 28, 2025 | 339.9M | −3.5% | SEC |
| Feb 21, 2025 | 340.3M | −3.2% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.