FTV financial statements

The full income statement, balance sheet, and cash-flow statement for Fortive Corporation Common Stock (FTV), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	4.16B YoY+1.9%	4.08B YoY+4.3%	3.91B YoY-32.8%	5.83B YoY+10.9%	5.25B YoY+13.4%
	2.64B YoY+0.8%	2.62B YoY+5.7%	2.48B YoY-26.4%	3.36B YoY+11.8%	3.01B YoY+15.3%
Cost of revenue	1.52B YoY+3.8%	1.46B YoY+1.7%	1.44B YoY-41.6%	2.46B YoY+9.6%	2.25B YoY+10.9%
	-1.92B YoY-1.0%	-1.90B YoY+0.0%	-1.90B YoY+19.3%	-2.36B	—
Research & development	259M YoY+3.1%	251M YoY+6.0%	237M YoY-41.0%	402M YoY+13.2%	355M YoY+10.6%
Selling, general & administrative	1.66B YoY+0.6%	1.65B YoY-0.9%	1.67B YoY-14.8%	1.96B YoY+6.4%	1.84B YoY+5.2%
Amortization of intangibles	368M YoY-0.3%	369M YoY+0.5%	367M YoY-3.9%	382M YoY+19.0%	321M YoY+3.5%
Provision for credit losses	—	—	—	14.0M YoY+100.0%	7.00M YoY+0.0%
Operating income	720M YoY+0.5%	716M YoY+24.8%	574M YoY-41.9%	987M YoY+21.5%	813M YoY+50.7%
Interest expense	-121M YoY+21.1%	-153M YoY-23.7%	-124M YoY-25.6%	-98.3M YoY-195.3%	103M YoY-30.5%
Other non-operating income	2.50M YoY+104.4%	-57.2M YoY-228.7%	-17.4M YoY-11.5%	-15.6M YoY-10.6%	-14.1M YoY-487.5%
Equity-method income	0.00 YoY+100.0%	-39.4M YoY-127.7%	-17.3M YoY+0.0%	-17.3M	—
Pre-tax income	602M YoY+18.9%	506M YoY+16.9%	433M YoY-50.4%	874M YoY+28.9%	678M YoY-55.1%
Income tax	69.5M YoY+192.0%	23.8M YoY-3.6%	24.7M YoY-79.1%	118M YoY+86.9%	63.3M YoY+14.1%
	579M YoY-30.5%	833M YoY-3.8%	866M YoY+14.6%	755M YoY+24.1%	608M YoY-62.3%
Income from continuing operations	533M YoY+10.4%	483M YoY+18.1%	408M YoY-45.9%	755M YoY+23.0%	614M YoY-57.7%
Discontinued operations	—	—	0.00	0.00 YoY+100.0%	-5.80M YoY-103.6%
Net income to common	—	—	866M YoY+14.6%	755M YoY+31.6%	574M YoY-62.8%
	$1.73 YoY-26.7%	$2.36 YoY-2.9%	$2.43 YoY+15.7%	$2.10 YoY+28.8%	$1.63 YoY-63.7%
EPS (basic)	$1.74 YoY-27.2%	$2.39 YoY-2.8%	$2.46 YoY+16.0%	$2.12 YoY+29.3%	$1.64 YoY-64.2%
	332M YoY-4.9%	349M YoY-0.9%	353M YoY-1.1%	356M YoY+2.1%	349M YoY+3.4%
	335M YoY-5.2%	353M YoY-0.8%	356M YoY-1.4%	361M YoY+2.4%	352M YoY-1.9%
Dividends per share	—	—	$0.29 YoY+3.6%	$0.28 YoY+0.0%	$0.28 YoY+0.0%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.61B YoY-38.1%	2.59B YoY-29.4%	3.67B YoY+48.2%	2.48B YoY-1.5%	2.51B YoY-43.4%
Cash & equivalents	376M YoY-53.8%	813M YoY-56.9%	1.89B YoY+166.3%	709M YoY-13.4%	819M YoY-55.1%
Accounts receivable	684M YoY+3.4%	661M YoY-31.2%	961M YoY+0.2%	959M YoY+3.0%	930M YoY+14.8%
Inventory	292M YoY+8.2%	270M YoY-49.7%	537M YoY+0.0%	537M YoY+4.7%	513M YoY+12.6%
Prepaid expenses	234M YoY+0.2%	234M YoY-18.1%	285M YoY+4.6%	273M YoY+7.9%	253M YoY+22.3%
	11.7B YoY-31.0%	17.0B YoY+0.6%	16.9B YoY+6.4%	15.9B YoY-3.5%	16.5B YoY+2.6%
Property, plant & equipment	270M YoY+15.8%	233M YoY-47.0%	440M YoY+4.2%	422M YoY+6.7%	396M YoY-6.3%
Operating lease right-of-use	96.1M YoY+4.7%	91.8M YoY-40.8%	155M YoY-4.3%	162M YoY-7.7%	176M YoY-6.9%
Goodwill	7.30B YoY+1.1%	7.22B YoY-0.7%	7.27B YoY-19.7%	9.05B YoY-1.1%	9.15B YoY+24.4%
Intangible assets	2.19B YoY-13.5%	2.53B YoY-19.9%	3.16B YoY-9.4%	3.49B YoY-10.4%	3.89B YoY+18.2%
Other non-current assets	376M YoY+7.8%	348M YoY-32.9%	519M YoY+13.8%	456M YoY-11.1%	513M YoY+49.1%
	2.25B YoY+0.4%	2.24B YoY+25.0%	1.79B YoY-34.3%	2.73B YoY-26.6%	3.71B YoY+29.9%
Accounts payable	436M YoY+2.6%	425M YoY-30.1%	609M YoY-2.3%	623M YoY+11.7%	558M YoY+16.0%
Accrued liabilities	911M YoY+4.9%	868M YoY-26.6%	1.18B YoY+7.1%	1.10B YoY+9.9%	1.01B YoY+11.7%
Deferred revenue	440M YoY+7.4%	410M YoY-24.7%	545M YoY+6.9%	510M YoY+11.4%	458M YoY+21.6%
Short-term & current debt	900M YoY+139.1%	376M	0.00 YoY-100.0%	1000M YoY-53.5%	2.15B YoY+53.7%
Current lease liability	27.0M YoY+8.9%	24.8M YoY-34.0%	37.6M YoY-2.1%	38.4M YoY-13.9%	44.6M YoY-5.1%
Long-term debt	2.31B YoY-30.8%	3.33B YoY-8.6%	3.65B YoY+61.9%	2.25B YoY+24.6%	1.81B YoY-36.1%
Deferred revenue (non-current)	24.1M YoY+4.3%	23.1M YoY-49.6%	45.8M YoY+20.5%	38.0M YoY+12.4%	33.8M YoY-1.2%
Non-current lease liability	73.6M YoY+0.7%	73.1M YoY-42.1%	126M YoY-3.6%	131M YoY-6.4%	140M YoY-9.3%
Other non-current liabilities	724M YoY-14.6%	847M YoY-26.3%	1.15B YoY-6.1%	1.22B YoY-14.2%	1.43B YoY+15.6%
	6.45B YoY-36.7%	10.2B YoY-1.3%	10.3B YoY+6.6%	9.68B YoY+1.8%	9.51B YoY+6.1%
Preferred stock	—	—	—	0.00	0.00
Common stock	3.70M YoY+0.0%	3.70M YoY+2.8%	3.60M YoY+0.0%	3.60M YoY+0.0%	3.60M YoY+5.9%
Additional paid-in capital	4.21B YoY+4.3%	4.04B YoY+4.8%	3.85B YoY+3.9%	3.71B YoY+1.0%	3.67B YoY+3.2%
Retained earnings	5.43B YoY-34.0%	8.23B YoY+9.6%	7.51B YoY+11.3%	6.74B YoY+11.9%	6.02B YoY+8.6%
Treasury stock	3.23B YoY+100.3%	1.61B YoY+125.2%	716M YoY+61.6%	443M	0.00
Accumulated other comprehensive income	41.0M YoY+108.8%	-465M YoY-42.7%	-326M YoY-0.1%	-326M YoY-76.1%	-185M YoY-31.1%
Non-controlling interest	7.70M YoY+10.0%	7.00M YoY+9.4%	6.40M YoY+23.1%	5.20M YoY+8.3%	4.80M YoY-43.5%
Total equity incl. non-controlling	6.46B YoY-36.6%	10.2B YoY-1.3%	10.3B YoY+6.6%	9.69B YoY+1.8%	9.52B YoY+6.1%
Total liabilities & equity	11.7B YoY-31.0%	17.0B YoY+0.6%	16.9B YoY+6.4%	15.9B YoY-3.5%	16.5B YoY+2.6%
	367M YoY+0.0%	367M YoY+0.8%	364M YoY+0.6%	362M YoY+0.3%	360M YoY+6.3%
	313M YoY-8.1%	341M YoY-2.7%	351M YoY-0.6%	353M YoY-1.7%	359M YoY+6.3%
	308M YoY-9.5%	340M YoY-3.2%	351M YoY-0.5%	353M YoY-1.6%	359M YoY+6.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.08B YoY-29.1%	1.53B YoY+12.8%	1.35B YoY+3.9%	1.30B YoY+35.6%	961M YoY-33.1%
Depreciation & amortization	438M YoY+1.6%	431M YoY+1.1%	426M YoY-8.5%	466M YoY+17.7%	396M YoY+3.0%
Share-based compensation	117M YoY+29.6%	90.1M YoY-4.7%	94.5M YoY+0.7%	93.8M YoY+21.2%	77.4M YoY+23.6%
Change in receivables	-8.70M YoY-156.1%	15.5M YoY+2114.3%	700K YoY-98.7%	52.1M YoY-38.0%	84.1M YoY+202.1%
Change in inventory	20.0M YoY+153.2%	7.90M YoY+202.6%	-7.70M YoY-119.1%	40.3M YoY-24.8%	53.6M YoY+634.2%
Change in payables	12.4M YoY-75.7%	51.1M YoY+2222.7%	2.20M YoY-97.3%	81.3M YoY+10.8%	73.4M YoY+305.5%
	-135M YoY+92.5%	-1.80B YoY-819.1%	-195M YoY-90.6%	-103M YoY+96.1%	-2.62B YoY-1662.5%
Capital expenditure	105M YoY+22.1%	86.1M YoY+9.5%	78.6M YoY-18.0%	95.8M YoY+91.6%	50.0M YoY-33.9%
Free cash flow	978M YoY-32.1%	1.44B YoY+13.0%	1.27B YoY+5.6%	1.21B YoY+32.5%	911M YoY-33.1%
Acquisitions	25.7M YoY+613.9%	3.60M YoY-96.2%	95.8M YoY+648.4%	12.8M YoY-99.5%	2.57B YoY+6261.6%
Other investing activities	-11.2M YoY-1144.4%	-900K YoY+35.7%	-1.40M YoY-140.0%	3.50M	0.00
	-1.39B YoY-74.9%	-793M YoY-2554.2%	32.3M YoY+102.5%	-1.27B YoY-295.2%	652M YoY+193.7%
Long-term debt issued	0.00	0.00	0.00	0.00	0.00
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	1.61B YoY+81.0%	890M YoY+226.0%	273M YoY-38.4%	443M	0.00
Dividends paid	92.2M YoY-17.1%	111M YoY+9.0%	102M YoY+2.5%	99.5M YoY+1.8%	97.7M YoY+3.5%
Other financing activities	40.8M YoY-42.6%	71.1M YoY+295.0%	18.0M YoY+368.7%	-6.70M YoY-121.9%	30.6M YoY+47.8%
FX effect on cash	1.00M YoY+107.4%	-13.6M YoY-24.8%	-10.9M YoY+71.2%	-37.8M YoY-1160.0%	-3.00M YoY-110.9%
Net change in cash	-438M YoY+59.3%	-1.08B YoY-191.2%	1.18B YoY+1171.4%	-110M YoY+89.1%	-1.01B YoY-262.3%
Interest paid	—	—	—	0.00	0.00 YoY-100.0%
Income taxes paid	100M YoY-12.3%	114M YoY-6.6%	122M YoY-17.6%	148M YoY+43.7%	103M YoY+8.4%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	17.0B YoY-11.6%	19.2B YoY-1.4%	19.5B YoY+13.8%	17.1B YoY-17.0%	20.6B YoY+14.4%
P/E	29.3× YoY+27.1%	23.1× YoY-2.0%	23.6× YoY-4.7%	24.7× YoY-27.1%	33.9× YoY+203.4%
P/S	4.1× YoY-13.3%	4.7× YoY+45.3%	3.2× YoY+7.4%	3.0× YoY-23.1%	3.9× YoY+0.9%
P/B	2.6× YoY+39.5%	1.9× YoY-2.4%	1.9× YoY+6.1%	1.8× YoY-15.9%	2.2× YoY+7.8%
P/FCF	17.4× YoY+30.2%	13.3× YoY-13.7%	15.5× YoY-6.9%	16.6× YoY-26.7%	22.7× YoY+70.9%
	3.4% YoY-21.3%	4.3% YoY+2.0%	4.2% YoY+4.9%	4.0% YoY+37.3%	2.9% YoY-67.0%
	5.8% YoY-23.2%	7.5% YoY+15.8%	6.5% YoY+7.4%	6.0% YoY+36.5%	4.4% YoY-41.5%
	—	—	0.52% YoY-9.6%	0.58% YoY+18.7%	0.49% YoY-7.2%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: FTV's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FTV filings on SEC EDGAR → Not investment advice.