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FTV · Fortive Corp · Financials

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$58.36 +0.88 (+1.53%) At close · Oct 20
Market Cap
$17.79B
Shares
304.86M
Volume · Oct 20 2.09M Avg daily vol (3M) 2.35M

Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.

Revenue
$4.16B +1.9%
FY2025 Revenue FY2014–FY2025
Net Income
$579.2M -30.5%
FY2025 Net Income FY2014–FY2025
Gross Margin
63.5% -0.7pp
FY2025 Gross Margin FY2014–FY2025
Operating Margin
17.32% -0.2pp
FY2025 Operating Margin FY2014–FY2025
Diluted EPS
$1.73 -26.7%
FY2025 Diluted EPS FY2014–FY2025
Operating Cash Flow
$1.08B -29.1%
FY2025 Operating Cash Flow FY2014–FY2025

Chart any reported metric, KPI or segment over time — the full statement history lives here

Line Item FY2026 (G) TTM FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014
$4.35B $4.32B $4.16B $4.08BG $3.91BG $5.83BG $5.25B $4.63B $4.56B $6.45B $5.76B $5.38B $6.18B $6.34B
— $1.59B $1.52B $1.46B $1.44B $2.46B $2.25B $2.03B $2.08B $1.61B $2.83B $2.69B $3.18B $3.29B
— $2.73B $2.64B $2.62B $2.48B $3.36B $3.01B $2.61B $2.48B $2.19B $2.92B $2.69B $3B $3.05B
— — 63.5% 64.18% 63.29% 57.73% 57.23% 56.29% 54.41% 33.88% 50.75% 49.93% 48.55% 48.12%
— $262M $259.2M $251.3M $237M $401.5M $354.8M $320.7M $320.3M $278.1M $369.3M $351M $377.7M $387.6M
— $1.68B $1.66B $1.65B $1.67B $1.96B $1.84B $1.75B $1.72B $1.26B $1.41B $1.27B $1.35B $1.42B
— — $368M $369M $367M $382M $321M $310M $261M $105M $65M $85M $89M $90M
— $447.5M $437.6M $430.9M $426.2M $465.6M $395.5M $384M $341.5M $174.2M $158.3M $160.9M $176.9M $178M
— — — — — — — — — $6M $16M $15M $12M —
— -$1.94B -$1.92B -$1.9B -$1.9B -$2.36B — — — — — — — —
— $786.7M $720.2M $716.3M $574M $987.4M $812.8M $539.4M $443.9M $645.3M $1.14B $1.06B $1.27B $1.25B
— — 17.32% 17.55% 14.67% 16.95% 15.47% 11.64% 9.73% 10% 19.86% 19.74% 20.55% 19.65%
— $1.23B $1.16B $1.15B $1B $1.45B $1.21B $923.4M $785.4M $819.5M $1.3B $1.22B $1.45B $1.42B
— -$123.4M -$120.5M -$152.8M -$123.5M -$98.3M $103.2M $148.5M $142.6M $77.2M $88.7M $46.4M $0 $0
— $8.7M $2.5M -$57.2M -$17.4M -$15.6M -$14.1M -$2.4M -$5.4M -$2.3M $4M -$4.8M — —
— — — — — $0 $0 $5.3M $0 $0 $8M $0 $0 —
— — $0 -$39.4M -$17.3M -$17.3M — — — — — — — —
— $672M $602.2M $506.3M $433.1M $873.5M $677.5M $1.51B $336.7M $565.8M $1.07B $1.01B $1.27B $1.28B
— $69.8M $69.5M $23.8M $24.7M $118.3M $63.3M $55.5M $68.6M $75.6M $189.3M $270.3M $405.9M $395.8M
— $534.4M $579.2M $832.9M $865.8M $755.2M $608.4M $1.61B $738.9M $2.91B $1.04B $872.3M $863.8M $883.4M
— — 13.93% 20.41% 22.12% 12.96% 11.58% 34.81% 16.19% 45.16% 18.15% 16.22% 13.98% 13.94%
— — — — $865.8M $755.2M $573.9M $1.54B $669.9M $2.88B $1.04B $872.3M — —
— $534.1M $753.3M $693.6M $865.4M — — — — — — — — —
USD/shares — $1.72 $1.74 $2.39 $2.46 $2.12 $1.64 $4.58 $1.99 $8.33 $3.01 $2.52 $2.50 $2.56
USD/shares $2.95 – $3.05* $1.69 $1.73G $2.36G $2.43G $2.10G $1.63G $4.49 $1.97 $8.21 $2.96 $2.51 $2.50 $2.56
shares — — 332M 349.2M 352.5M 356.4M 349M 337.4M 335.8M 345.5M 347.5M 345.7M 345.2M 345.2M
shares — — 334.6M 352.8M 355.6M 360.8M 352.3M 359M 340M 350.7M 352.6M 347.3M 345.2M 345.2M
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing. TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.

Capital Returned to Shareholders

Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2014–FY2025: $3.22B in buybacks, $933M in dividends.

Debt Profile

Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.

Latest reported total
USD 3,200,000,000
As of Dec 31, 2025
Tracked instruments
2
Loans, facilities and note series
Annual baseline
Dec 31, 2025
Latest approved annual total
Reported total debt history
As of Reported label Amount Source
2025-12-31 long-term debt, including the current portion of long-term debt USD 3,200,000,000 10-K filed 2026-02-25
As of December 31, 2025, we had approximately $3.2 billion of long-term debt, including the current portion of long-term debt, on a consolidated basis.

Reported debt balances

Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.

Reported balanceAs ofAmountSource
Long-term debt, including current maturities 2026-07-03 USD 3,509,300,000 10-Q filed 2026-07-29
Related accounting measures — not additional borrowing

Carrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.

Current portion of long-term debt
USD 0
Noncurrent debt carrying amount
USD 3,509,300,000
Operating lease liabilities 2026-07-03 USD 88,800,000 10-Q filed 2026-07-29
1 filing observation remains unmatched and is excluded from instrument histories.
Instrument and agreement coverage is incomplete. Additional filings are awaiting review.
2 filings have incomplete source or extraction coverage. Verified observations are shown; missing observations do not establish that debt was unchanged.

Covenants

Covenant terms have not yet been verified for this profile.

The balance figures do not establish whether covenants apply or whether the company complies with them.

Loans, facilities and notes

4.750% Notes due 2031

Note · Fortive Corporation

Reference: 4.750% Notes due 2031

Active
Original principal
USD 600,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
May 15, 2031

Last reported interest terms: 4.75% Reported 2026-05-14 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-05-14 Original principal USD 600,000,000 Exact source document Parent 8-K filing · 2026-05-14
    On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”). The Company intends to use the net proceeds of the Offering to refinance certain indebtedness, including the repayment at maturity of its 3.150% senior notes due June 15, 2026 (plus accrued and unpaid interest thereon), to pay related fees and expenses and for general corporate purposes.
    Issuer evidence: On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”). The Company intends to use the net proceeds of the Offering to refinance certain indebtedness, including the repayment at maturity of its 3.150% senior notes due June 15, 2026 (plus accrued and unpaid interest thereon), to pay related fees and expenses and for general corporate purposes.
    Supporting evidence: The 2031 notes bear interest at 4.750% per annum and mature on May 15, 2031, and the 2036 notes bear interest at 5.250% per annum and mature on May 15, 2036. Interest on the notes will be paid semi-annually in arrears on May 15 and November 15 of each year, beginning on November 15, 2026. The notes are the Company’s general unsecured obligations which rank equally in right of payment with all of the Company’s existing and any future unsecured and unsubordinated indebtedness and are not guaranteed.
    Supporting evidence: On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”). The Company intends to use the net proceeds of the Offering to refinance certain indebtedness, including the repayment at maturity of its 3.150% senior notes due June 15, 2026 (plus accrued and unpaid interest thereon), to pay related fees and expenses and for general corporate purposes.

5.250% Notes due 2036

Note · Fortive Corporation

Reference: 5.250% Notes due 2036

Active
Original principal
USD 500,000,000
Outstanding
—
Commitment
—
Availability
—
Maturity
May 15, 2036

Last reported interest terms: 5.25% Reported 2026-05-14 Later filings may not restate these terms; this does not confirm they still apply.

Covenant terms for this agreement are not yet verified.

Documents and filing history
  1. Issuance · 2026-05-14 Original principal USD 500,000,000 Exact source document Parent 8-K filing · 2026-05-14
    On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”). The Company intends to use the net proceeds of the Offering to refinance certain indebtedness, including the repayment at maturity of its 3.150% senior notes due June 15, 2026 (plus accrued and unpaid interest thereon), to pay related fees and expenses and for general corporate purposes.
    Issuer evidence: On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”). The Company intends to use the net proceeds of the Offering to refinance certain indebtedness, including the repayment at maturity of its 3.150% senior notes due June 15, 2026 (plus accrued and unpaid interest thereon), to pay related fees and expenses and for general corporate purposes.
    Supporting evidence: The 2031 notes bear interest at 4.750% per annum and mature on May 15, 2031, and the 2036 notes bear interest at 5.250% per annum and mature on May 15, 2036. Interest on the notes will be paid semi-annually in arrears on May 15 and November 15 of each year, beginning on November 15, 2026. The notes are the Company’s general unsecured obligations which rank equally in right of payment with all of the Company’s existing and any future unsecured and unsubordinated indebtedness and are not guaranteed.
    Supporting evidence: On May 14, 2026, Fortive Corporation, a Delaware corporation (the “Company”), completed an underwritten offering (the “Offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”). The Company intends to use the net proceeds of the Offering to refinance certain indebtedness, including the repayment at maturity of its 3.150% senior notes due June 15, 2026 (plus accrued and unpaid interest thereon), to pay related fees and expenses and for general corporate purposes.

Price & Valuation

Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.

Valuation

EV/Revenue
4.85×
Peer median 4.36×
EV/EBIT
26.60×
Peer median 27.70×
P/E (TTM)
34.53×
Peer median 32.18×

Peer medians compare against the 13 similar-size Scientific & Technical Instruments companies (of 40 listed).

Valuation over time computed as of each quarter's filing date

Revenue Breakdown

Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.

Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Intelligent Operating Solutions $2,856,300,000 $2,793,200,000 $2,684,500,000 $2,466,100,000 $2,169,400,000 $1,883,700,000 $1,898,900,000 $1,576,300,000
Advanced Healthcare Solutions $1,302,800,000 $1,287,700,000 $1,229,400,000 $1,207,300,000 $1,236,400,000 $1,099,400,000 $856,600,000 $322,700,000
Precision Technologies — — — $2,152,300,000 $1,848,900,000 $1,651,300,000 $1,808,400,000 $1,901,400,000

By Geography (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
North America $2,491,100,000 $2,416,800,000 $2,292,400,000 — — — — —
Asia Pacific $730,100,000 $733,300,000 $727,200,000 — — — — —
EMEA $725,800,000 $721,100,000 $697,600,000 — — — — —
Latin America $212,100,000 $209,700,000 $196,700,000 — — — — —
China — — — $702,100,000 $650,700,000 $534,100,000 $501,200,000 $476,800,000
United States — — — $3,136,800,000 $2,683,000,000 $2,436,600,000 $2,394,200,000 $1,875,800,000
Countries Excluding United States and China — — — $1,986,800,000 $1,921,000,000 $1,663,700,000 $1,668,500,000 $1,447,800,000

By Product & Service (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Product $3,341,300,000 $3,290,900,000 $3,157,700,000 $4,920,100,000 $4,496,100,000 $3,956,700,000 $3,922,500,000 $3,360,500,000
Service $817,800,000 $790,000,000 $756,200,000 $905,600,000 $758,600,000 $677,700,000 $641,400,000 $439,900,000

Segment Operating Income

Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.

By Segment (USD)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Intelligent Operating Solutions $738,300,000 $708,000,000 $629,900,000 $519,400,000 $408,500,000 $317,800,000 $289,000,000 $350,300,000
Advanced Healthcare Solutions $138,600,000 $138,500,000 $83,800,000 $95,600,000 $101,900,000 $2,100,000 -$72,000,000 $5,300,000
Industrial Technologies — — — — — — $553,900,000 $525,600,000
Precision Technologies — $500,000,000 $544,200,000 $503,600,000 $408,000,000 $321,700,000 $324,600,000 $381,500,000
Professional Instrumentation — — — — — — $547,900,000 $744,600,000

Operating Margin by Segment (%)

Component FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018
Intelligent Operating Solutions 25.8% 25.3% 23.5% 21.1% 18.8% 16.9% 15.2% 22.2%
Advanced Healthcare Solutions 10.6% 10.8% 6.8% 7.9% 8.2% 0.2% -8.4% 1.6%
Precision Technologies — — — 23.4% 22.1% 19.5% 17.9% 20.1%
Key facts CIK 1659166 CUSIP 34959J108 13F (30d) 146 filings 122 filers Visit website Investor relations