Fortive Corp.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $4.16B | $4.08B | $3.91B | $5.83B | $5.25B | $4.63B | $4.56B |
| Professional Instrumentation | — | — | — | — | — | — | — | — |
| Industrial Technologies | — | — | — | — | — | — | — | — |
| Cost of Revenue | — | $1.52B | $1.46B | $1.44B | $2.46B | $2.25B | $2.03B | $2.08B |
| Gross Profit | — | $2.64B | $2.62B | $2.48B | $3.36B | $3.01B | $2.61B | $2.48B |
| Gross Margin | — | 63.5% | 64.2% | 63.3% | 57.7% | 57.2% | 56.3% | 54.4% |
| Operating Expenses | ||||||||
| Research & Development | — | $259.2M | $251.3M | $237.0M | $401.5M | $354.8M | $320.7M | $320.3M |
| SG&A Expense | — | $1.66B | $1.65B | $1.67B | $1.96B | $1.84B | $1.75B | $1.72B |
| Operating Income | — | $720.2M | $716.3M | $574.0M | $987.4M | $812.8M | $539.4M | $443.9M |
| Operating Margin | — | 17.3% | 17.6% | 14.7% | 16.9% | 15.5% | 11.6% | 9.7% |
| Interest Expense | — | $-120.5M | $-152.8M | $-123.5M | $-98.3M | $103.2M | $148.5M | $142.6M |
| Pretax Income | — | $602.2M | $506.3M | $433.1M | $873.5M | $677.5M | $1.51B | $336.7M |
| Income Tax Expense | — | $69.5M | $23.8M | $24.7M | $118.3M | $63.3M | $55.5M | $68.6M |
| Net Income | — | $579.2M | $832.9M | $865.8M | $755.2M | $608.4M | $1.61B | $738.9M |
| Net Margin | — | 13.9% | 20.4% | 22.1% | 13.0% | 11.6% | 34.8% | 16.2% |
| EPS (Basic) | — | $1.74 | $2.39 | $2.46 | $2.12 | $1.64 | $4.58 | $1.99 |
| EPS (Diluted) | — | $1.73 | $2.36 | $2.43 | $2.10 | $1.63 | $4.49 | $1.97 |
| Shares Outstanding (Basic) | 307.9M | 332.0M | 349.2M | 352.5M | 356.4M | 349.0M | 337.4M | 335.8M |
| Shares Outstanding (Diluted) | 307.9M | 334.6M | 352.8M | 355.6M | 360.8M | 352.3M | 359.0M | 340.0M |
| Dividends Per Share | — | — | — | $0.29 | $0.28 | $0.28 | $0.28 | $0.28 |