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FTV · NYSE · United States · Industrial Instruments For Measurement, Display, And Control
In shortFortive Corp is profitable, generates cash and carries moderate debt, with revenue stable (+1.9% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 17.3% | 74/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 13.9% | 76/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 7.0% | 35/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 6.6% | 44/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.71× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.50× | 84/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.44× | 44/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | – | n/a |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.84 | 45/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 23.5% | 100/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 1.69× | 100/100 |
| Years with positive free cash flow (last 5) | 5 of 5 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 5 of 5 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 1 of 5 | 67/100 |
| Revenue growth volatility | 18.7% | 42/100 |
| Operating margin volatility | 1.3% | 98/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -10.6% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | -6.3% | 0/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
5 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 5,255 | 5,826 | 3,914 | 4,081 | 4,159 |
| Cost of revenue | 2,248 | 2,462 | 1,437 | 1,462 | 1,518 |
| Gross profit | 3,007 | 3,363 | 2,477 | 2,619 | 2,641 |
| Research & development | 355 | 402 | 237 | 251 | 259 |
| Selling, general & admin | 1,840 | 1,957 | 1,666 | 1,652 | 1,662 |
| Operating income | 813 | 987 | 574 | 716 | 720 |
| Interest expense | 103 | (98) | (124) | (153) | (121) |
| Pre-tax income | 678 | 874 | 433 | 506 | 602 |
| Income tax | 63 | 118 | 25 | 24 | 70 |
| Net income | 574 | 755 | 866 | 833 | 579 |
| Diluted EPS | $1.63 | $2.10 | $2.43 | $2.36 | $1.73 |
| Diluted shares (millions) | 352 | 361 | 356 | 353 | 335 |
5 older years available with the 10-year history. Essential plan, from €8.25/month →
2.84 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
6/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jul 3, 2026 · Data updated Apr 30, 2026