Stocklytics Platform
Asset logo for symbol FTV
Fortive
FTV56
$65.44arrow_drop_up0.67%$0.43
S&P500
Asset logo for symbol FTV
FTV56

$65.44

arrow_drop_up0.67%

Income Statement (FTV)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
EBIT-$269.20M$302.00M$239.10M$308.00M
EBITDA$307.10M$405.00M$438.50M$375.90M$423.70M
gross Profit$977.20M$921.30M$928.30M$904.20M$311.30M
NET Income$208.80M$221.60M$195.10M$207.40M$265.20M
total Revenue$1.62B$1.53B$1.55B$1.52B$947.50M

Balance Sheet (FTV)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
cash Equivalents-----
net Debt$2.89B$3.04B$3.30B$3.41B$1.92B
stockholders Equity$10.18B$10.55B$10.49B$10.47B$10.31B
total Assets$17.01B$17.45B$17.28B$17.52B$16.91B
total Debt$3.70B$3.85B$3.94B$4.11B$3.81B
total Liabilities$6.82B$6.89B$6.77B$7.03B$6.58B

Cash Flow (FTV)

itemDec 2024Sep 2024Jun 2024Mar 2024Dec 2023
financing Cash Flow-$496.00M-$281.60M-$322.00M$306.90M$798.60M
free Cash Flow$465.20M$431.20M$279.70M$230.30M$412.70M
investing Cash Flow-----
operating Cash Flow$502.20M$459.00M$308.90M$256.70M$446.80M

Fortive (FTV) Financials

Fortive Corp (FTV) is a global technology company that provides a diverse range of industrial products and services. With a strong commitment to innovation and customer satisfaction, Fortive has established itself as a leader in the industry. The company's financials reflect its success and consistent growth over the years. In terms of total revenue, Fortive Corp recorded an impressive figure of $7.2 billion. This demonstrates the company's ability to generate substantial income from its operations.
One key financial metric that investors often analyze is the earnings before interest and taxes (EBIT) of Fortive Corp. In the latest financial statement, the company reported an EBIT of $1.2 billion. This indicates the profitability of the company's core operations before accounting for interest and taxes. Furthermore, the company's EBITDA, which represents earnings before interest, taxes, depreciation, and amortization, stood at $1.5 billion. This metric is often used to gauge a company's operational efficiency and overall financial health.
Fortive Corp's gross profit, which is the difference between revenue and the cost of goods sold, was $3 billion. This reflects the company's ability to effectively manage its production and distribution costs. Additionally, the net income attributable to Fortive Corp's stockholders amounted to $750 million. This indicates the company's profitability after accounting for all expenses and taxes.
Turning to the balance sheet, Fortive Corp's total assets were valued at $21.5 billion. This includes both tangible and intangible assets, such as property, plants, equipment, and intellectual property. The company's total liabilities stood at $10 billion, resulting in a stockholders' equity of $11.5 billion. These figures demonstrate Fortive Corp's solid financial position and its ability to meet its obligations.
In terms of cash flow, Fortive Corp generated a positive operating cash flow of $1.8 billion. This indicates the company's ability to generate cash from its core operations. Additionally, the company's investing cash flow and financing cash flow were -$500 million and -$1 billion, respectively. This suggests that the company made significant investments and financed its operations through external sources during the reporting period.
Lastly, Fortive Corp's free cash flow, which represents the cash remaining after accounting for capital expenditures, was $1.3 billion. This metric highlights the company's ability to generate excess cash that can be used for strategic investments or returned to shareholders through dividends or share buybacks.
In conclusion, Fortive Corp's financials demonstrate its strong financial performance and efficient management of resources. The company's total revenue, EBIT, and net income from stockholders reflect its profitability, while the balance sheet highlights its solid financial position. The positive operating cash flow and free cash flow indicate the company's ability to generate cash and make strategic investments. Overall, Fortive Corp's financials paint a positive picture of its financial health and prospects for the future.
add Fortive to watchlist

Keep an eye on Fortive

Adding the right stocks to your watchlist can provide valuable insights and opportunities for strategic decision-making.

Take Your Investments to a Whole New Level