Fortive Corp.

FTV ·Technology, Scientific & Technical Instruments, United States
Financial Statements Income Statement
Annual Quarterly

Income Statement

Line Item FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2012 FY2011
Revenue $6.45B $5.76B $5.38B $6.18B $6.34B $8.28B $8.17B $7.51B
Professional Instrumentation $4.26B $4.16B $3.65B
Industrial Technologies $4.03B $4.01B $3.86B
Cost of Revenue $1.61B $2.83B $2.69B $3.18B $3.29B
Gross Profit $2.19B $2.92B $2.69B $3.00B $3.05B
Gross Margin 33.9% 50.8% 49.9% 48.6% 48.1%
Operating Expenses
Research & Development $278.1M $369.3M $351.0M $377.7M $387.6M
SG&A Expense $1.26B $1.41B $1.27B $1.35B $1.42B
Operating Income $645.3M $1.14B $1.06B $1.27B $1.25B
Operating Margin 10.0% 19.9% 19.7% 20.5% 19.7%
Interest Expense $77.2M $88.7M $46.4M $0 $0
Pretax Income $565.8M $1.07B $1.01B $1.27B $1.28B
Income Tax Expense $75.6M $189.3M $270.3M $405.9M $395.8M
Net Income $2.91B $1.04B $872.3M $863.8M $883.4M
Net Margin 45.2% 18.1% 16.2% 14.0% 13.9%
EPS (Basic) $8.33 $3.01 $2.52 $2.50 $2.56
EPS (Diluted) $8.21 $2.96 $2.51 $2.50 $2.56
Shares Outstanding (Basic) 345.5M 347.5M 345.7M 345.2M 345.2M
Shares Outstanding (Diluted) 350.7M 352.6M 347.3M 345.2M 345.2M
Dividends Per Share $0.28 $0.28
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