Company research
Fortive Corp
CIK 1659166Updated Sep 24, 2026
SecurityFTV · NYSE · equity
FTV price & chart
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NYSE:FTV on TradingView ↗About the company
Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com.
In the news
Recent filings
3 filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Items 5.02
4 filing
4 filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 11,737,700,000Source | 17,016,100,000Source | 16,911,800,000Source | 15,890,600,000Source |
| Property, Plant and Equipment, NetUSD | 269,800,000Source | 433,100,000Source | 439,800,000Source | 421,900,000Source |
| GoodwillUSD | 7,298,300,000Source | 10,156,000,000Source | 9,121,700,000Source | 9,048,500,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 2,188,400,000Source | 3,340,000,000Source | 3,159,800,000Source | 3,487,400,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 375,500,000Source | 813,300,000Source | 1,888,800,000Source | 709,200,000Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 683,600,000Source | 945,400,000Source | 960,800,000Source | 958,500,000Source |
| Inventory, NetUSD | 291,800,000Source | 544,800,000Source | 536,900,000Source | 536,700,000Source |
| Assets, CurrentUSD | 1,605,700,000Source | 2,592,300,000Source | 3,671,600,000Source | 2,477,000,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 234,000,000Source | 288,800,000Source | 285,100,000Source | 272,600,000Source |
| Operating Lease, Right-of-Use AssetUSD | 96,100,000Source | 164,000,000Source | 155,000,000Source | 162,000,000Source |
| Other Assets, NoncurrentUSD | 375,500,000Source | 494,700,000Source | 518,900,000Source | 455,800,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | — | 0Source |
| Common Stock, Value, IssuedUSD | 3,700,000Source | 3,700,000Source | 3,600,000Source | 3,600,000Source |
| Additional Paid in CapitalUSD | 4,210,000,000Source | 4,035,000,000Source | 3,851,300,000Source | 3,706,300,000Source |
| Retained Earnings (Accumulated Deficit)USD | 5,428,500,000Source | 8,227,600,000Source | 7,505,900,000Source | 6,742,100,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 41,000,000Source | -465,400,000Source | -326,100,000Source | -325,700,000Source |
| Stockholders' Equity Attributable to ParentUSD | 6,453,400,000Source | 10,188,600,000Source | 10,318,900,000Source | 9,683,400,000Source |
| Liabilities and EquityUSD | 11,737,700,000Source | 17,016,100,000Source | 16,911,800,000Source | 15,890,600,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 2,246,600,000Source | 2,238,400,000Source | 1,791,300,000Source | 2,727,100,000Source |
| Operating Lease, Liability, CurrentUSD | 27,000,000Source | 36,800,000Source | 37,600,000Source | 38,400,000Source |
| Operating Lease, Liability, NoncurrentUSD | 73,600,000Source | 132,800,000Source | 126,300,000Source | 131,000,000Source |
| Other Liabilities, NoncurrentUSD | 723,500,000Source | 1,251,000,000Source | 1,149,000,000Source | 1,223,300,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 7,700,000Source | 7,000,000Source | 6,400,000Source | 5,200,000Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 910,700,000Source | 1,184,800,000Source | 1,182,700,000Source | 1,104,400,000Source |
| Deferred Tax Liabilities, NetUSD | 337,100,000Source | 643,500,000Source | 508,800,000Source | 632,300,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | — | 3,646,200,000Source | — |
| Long-term Debt, Current MaturitiesUSD | 899,500,000Source | 376,200,000Source | 0Source | 999,700,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 2,306,500,000Source | 3,331,100,000Source | 3,646,200,000Source | 2,251,600,000Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | 832,900,000Source | 865,800,000Source | 755,200,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 437,600,000Source | 543,900,000Source | 456,800,000Source | 465,600,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 116,800,000Source | 109,200,000Source | 113,300,000Source | 93,800,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | -8,700,000Source | 4,500,000Source | -9,800,000Source | 52,100,000Source |
| Increase (Decrease) in InventoriesUSD | 20,000,000Source | -8,800,000Source | 1,700,000Source | 40,300,000Source |
| Increase (Decrease) in Accounts PayableUSD | 12,400,000Source | 74,300,000Source | -16,800,000Source | 81,300,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 1,083,200,000Source | 1,526,800,000Source | 1,353,600,000Source | 1,303,200,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 25,700,000Source | 1,721,800,000Source | 95,800,000Source | 12,800,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -135,400,000Source | -1,796,000,000Source | -195,400,000Source | -102,500,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | -11,200,000Source | 1,000,000Source | -800,000Source | 3,500,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 105,100,000Source | 120,400,000Source | 107,800,000Source | 95,800,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 1,610,100,000Source | 889,600,000Source | 272,900,000Source | 442,900,000Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -1,386,600,000Source | -792,700,000Source | 32,300,000Source | -1,273,000,000Source |
| Payments of Ordinary Dividends, Common StockUSD | 92,200,000Source | 111,200,000Source | 102,000,000Source | 99,500,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | 40,800,000Source | 71,100,000Source | 18,000,000Source | -6,700,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -437,800,000Source | -1,075,500,000Source | 1,179,600,000Source | -110,100,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 375,500,000Source | 813,300,000Source | 1,888,800,000Source | 709,200,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 100,000,000Source | — | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,000,000Source | -13,600,000Source | -10,900,000Source | -37,800,000Source |
| Additional Financial Items | ||||
| AmortizationUSD | 367,500,000Source | 453,300,000Source | 370,400,000Source | 382,100,000Source |
| Share-based Payment Arrangement, ExpenseUSD | 116,800,000Source | 109,200,000Source | 113,300,000Source | 93,800,000Source |
| Amortization of Intangible AssetsUSD | 368,000,000Source | 453,000,000Source | 370,000,000Source | 382,000,000Source |
| DepreciationUSD | 70,100,000Source | 90,600,000Source | 86,400,000Source | 83,500,000Source |
| Equity Securities, FV-NI, Unrealized Gain (Loss)USD | — | — | 0Source | 0Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | — | — | — | 8,100,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -5,100,000Source | -13,200,000Source | -18,200,000Source | -18,200,000Source |
| Gain (Loss) on Disposition of BusinessUSD | — | -25,600,000Source | — | — |
| Gain (Loss) on Sale of PropertiesUSD | — | — | — | 0Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | 63,100,000Source | — | — |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | 0Source | 0Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | 0Source | 0Source |
| GoodwillUSD | 7,298,300,000Source | 10,156,000,000Source | 9,121,700,000Source | 9,048,500,000Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 0Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 532,700,000Source | 832,900,000Source | 865,800,000Source | 755,200,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 832,900,000Source | 865,800,000Source | 755,200,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | 0Source | 0Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 46,500,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | -39,400,000Source | — | — |
| Income Tax Expense (Benefit)USD | 69,500,000Source | 136,700,000Source | 125,000,000Source | 118,300,000Source |
| InterestExpenseNonoperatingUSD | 120,500,000Source | 152,800,000Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 579,200,000Source | 832,900,000Source | — | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 865,800,000Source | 755,200,000Source |
| Operating ExpensesUSD | -1,920,900,000Source | -2,587,500,000Source | — | — |
| Other Nonoperating Income (Expense)USD | 2,500,000Source | -58,600,000Source | -19,400,000Source | -15,600,000Source |
| Proceeds from Stock Options ExercisedUSD | 72,300,000Source | 96,900,000Source | 51,500,000Source | 17,600,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 4,159,100,000Source | 6,231,800,000Source | 6,065,300,000Source | 5,825,700,000Source |
| Cost of RevenueUSD | 1,518,000,000Source | 2,500,800,000Source | 2,471,200,000Source | 2,462,300,000Source |
| Selling, General and Administrative ExpenseUSD | 1,661,700,000Source | 2,173,500,000Source | 2,062,600,000Source | 1,956,600,000Source |
| Operating Income (Loss)USD | 720,200,000Source | 1,206,600,000Source | 1,133,700,000Source | 987,400,000Source |
| Other Nonoperating Income (Expense)USD | 2,500,000Source | -58,600,000Source | -19,400,000Source | -15,600,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 602,200,000Source | 969,600,000Source | 990,800,000Source | 873,500,000Source |
| Income Tax Expense (Benefit)USD | 69,500,000Source | 136,700,000Source | 125,000,000Source | 118,300,000Source |
| Net Income (Loss) Attributable to ParentUSD | 579,200,000Source | 832,900,000Source | — | — |
| Earnings Per Share, BasicUSD per share | 1.74Source | 2.39Source | 2.46Source | 2.12Source |
| Earnings Per Share, DilutedUSD per share | 1.73Source | 2.36Source | 2.43Source | 2.1Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 332,000,000Source | 349,200,000Source | 352,500,000Source | 356,400,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 334,600,000Source | 352,800,000Source | 355,600,000Source | 360,800,000Source |
| Interest Expense (non-operating)USD | 120,500,000Source | 152,800,000Source | — | — |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 368,000,000Source | 453,000,000Source | 370,000,000Source | 382,000,000Source |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual AmountUSD | — | — | — | 8,100,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -5,100,000Source | -13,200,000Source | -18,200,000Source | -18,200,000Source |
| Gain (Loss) Related to Litigation SettlementUSD | — | — | 0Source | 0Source |
| Goodwill, Impairment LossUSD | 0Source | 0Source | 0Source | 0Source |
| Gross ProfitUSD | 2,641,100,000Source | 3,731,000,000Source | 3,594,100,000Source | 3,363,400,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | 532,700,000Source | 832,900,000Source | 865,800,000Source | 755,200,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 408,700,000Source | 705,100,000Source | 698,200,000Source | 587,700,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 832,900,000Source | 865,800,000Source | 755,200,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | 1.6Source | 2.39Source | 2.46Source | 2.12Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | 1.59Source | 2.36Source | 2.43Source | 2.1Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | 0Source | 0Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 46,500,000Source | — | — | — |
| Income (Loss) from Equity Method InvestmentsUSD | 0Source | -39,400,000Source | — | — |
| Interest ExpenseUSD | -120,500,000Source | -152,800,000Source | 123,500,000Source | 98,300,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | — | — | 865,800,000Source | 755,200,000Source |
| Net Income (Loss) from Continuing Operations Available to Common Shareholders, BasicUSD | — | — | 865,800,000Source | 755,200,000Source |
| Operating ExpensesUSD | -1,920,900,000Source | -2,587,500,000Source | — | — |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | 0Source | 0Source |
| Research and Development ExpenseUSD | 259,200,000Source | 414,000,000Source | 397,800,000Source | 401,500,000Source |
Filing attachments
tm2614559d1_ex4-1.htm · 8-K · 2026-05-14
EX-4.1 3 tm2614559d1_ex4-1.htm EXHIBIT 4.1 Exhibit 4.1 EXECUTION VERSION FORTIVE CORPORATION as Issuer and TRUIST BANK as Trustee INDENTURE Dated as of May 14, 2026 CROSS-REFERENCE TABLE(1) Section of Trust Indenture Section of Act of 1939, as amended Indenture ──────────────────────────────────────────────── 310(a) 6.09 310(b) 6.08 6.10 310(c) …
Read attachment ↗tm2614559d1_ex4-2.htm · 8-K · 2026-05-14
EX-4.2 4 tm2614559d1_ex4-2.htm EXHIBIT 4.2 Exhibit 4.2 EXECUTION VERSION SUPPLEMENTAL INDENTURE NO. 1 Dated as of May 14, 2026 to INDENTURE Dated as of May 14, 2026 4.750% SENIOR NOTES DUE 2031 5.250% Senior Notes due 2036 FORTIVE CORPORATION as Issuer TRUIST BANK as Trustee TABLE OF CONTENTS ARTICLE 1 DEFINITIONS AND INCORPORATION BY REFERENCE Section 1.01. Relationship with Base Indenture 1 Se…
Read attachment ↗q12026-ex991.htm · 8-K · 2026-04-30
EX-99.1 2 q12026-ex991.htm EX-99.1 Document Exhibit 99.1 Fortive Reports First Quarter 2026 Results • Delivered Q1 2026 GAAP diluted net EPS of $0.44 and adjusted diluted net EPS of $0.70 • Q1 reported revenue grew 7.7% year-over-year on a reported basis and 5.3% on a core basis, with revenue growth benefiting from an ~150 basis point tailwind from additional year-over-year selling days in the quarter • Completed ~$500 million of share repurchases in Q1, representing ~9 million shares o…
Read attachment ↗