For the year ending 2025-12-31, FTV made $4,159,100K in revenue. $579,200K in net income. Net profit margin of 13.93%.
| Income Statement | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Total sales | 4,159,100 | 6,231,800 | 6,065,300 | 5,825,700 |
| Product | 1,113,700 | 1,994,700 | 1,981,800 | 1,994,800 |
| Service | 404,300 | 506,100 | 489,400 | 467,500 |
| Total cost of sales | 1,518,000 | 2,500,800 | 2,471,200 | 2,462,300 |
| Gross profit | 2,641,100 | 3,731,000 | 3,594,100 | 3,363,400 |
| Selling, general, and administrative | 1,661,700 | 2,173,500 | 2,062,600 | 1,956,600 |
| Research and development | 259,200 | 414,000 | 397,800 | 401,500 |
| Gain on sale of property | - | 63,100 | - | - |
| Russia exit and wind down costs | - | 0 | 0 | 17,900 |
| Operating profit | 720,200 | 1,206,600 | 1,133,700 | 987,400 |
| Interest expense, net | - | - | 123,500 | 98,300 |
| Loss on extinguishment of debt | - | - | 0 | 0 |
| Gain on investment in vontier corporation | - | - | 0 | 0 |
| Interest expense, net | 120,500 | 152,800 | - | - |
| Gain on litigation resolution | - | - | 0 | 0 |
| Loss from divestiture | - | -25,600 | - | - |
| Other non-operating income (expenses), net | 2,500 | -58,600 | -19,400 | -15,600 |
| Earnings from continuing operations before income taxes | 602,200 | 969,600 | 990,800 | 873,500 |
| Income taxes | 69,500 | 136,700 | 125,000 | 118,300 |
| Net earnings from continuing operations | 532,700 | - | 865,800 | 755,200 |
| Earnings (loss) from discontinued operations, net of income taxes | - | - | 0 | 0 |
| Net earnings | - | - | 865,800 | 755,200 |
| Mandatory convertible preferred dividends | - | - | 0 | 0 |
| Net earnings from discontinued operations | 46,500 | - | - | - |
| Net earnings attributable to common stockholders | - | - | 865,800 | 755,200 |
| Net earnings | 579,200 | 832,900 | - | - |
| Basic EPS | 1.74 | 2.39 | 2.46 | 2.12 |
| Diluted EPS | 1.73 | 2.36 | 2.43 | 2.1 |
| Basic Average Shares | 332,000,000 | 349,200,000 | 352,500,000 | 356,400,000 |
| Diluted Average Shares | 334,600,000 | 352,800,000 | 355,600,000 | 360,800,000 |
Fortive Corp (FTV)
Fortive Corp (FTV)