Fortive
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Fortive's past years’ income statements indicate that its last revenue has increased compared to the previous period by 4% to $6,065,300,000. The net income raised on $865,800,000 and profit margin reached 14%. Total operating expenses were $2,460,400,000.
Profit Margin
| 2014 | 6.33B | 883.4M | 13.94% |
|---|---|---|---|
| 2015 | 6.17B | 863.8M | 13.98% |
| 2016 | 6.22B | 872.3M | 14.01% |
| 2017 | 6.65B | 1.04B | 15.69% |
| 2018 | 6.45B | 2.91B | 45.16% |
| 2019 | 7.32B | 738.9M | 10.09% |
| 2020 | 4.63B | 1.61B | 34.81% |
| 2021 | 5.25B | 608.4M | 11.58% |
| 2022 | 5.82B | 755.2M | 12.96% |
| 2023 | 6.06B | 865.8M | 14.27% |
FTV Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 6.06B | 5.82B | 5.25B | 4.63B | 7.32B | 6.45B | 6.65B | 6.22B | 6.17B | 6.33B |
Cost of revenue | 2.47B | 2.46B | 2.24B | 2.02B | 3.63B | 3.13B | 3.35B | 3.19B | 3.18B | 3.28B |
Gross profit | 3.59B | 3.36B | 3.00B | 2.60B | 3.68B | 3.32B | 3.29B | 3.03B | 2.99B | 3.04B |
Operating exp. | ||||||||||
Research and development | 397.8M | 401.5M | 354.8M | 320.7M | 456.7M | 414.3M | 406M | 384.8M | 377.7M | 387.6M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 2.46B | 2.35B | 2.19B | 2.06B | 2.67B | 2.14B | 1.94B | 1.78B | 1.72B | 1.80B |
Operating income | 1.13B | 987.4M | 812.8M | 539.4M | 1.00B | 1.17B | 1.35B | 1.24B | 1.26B | 1.24B |
Other income (expenses), net | -142.9M | -113.9M | -135.3M | 968.3M | -129.6M | -3M | 141.2M | -49M | 0 | 33.9M |
Income before tax | 990.8M | 873.5M | 677.5M | 1.50B | 874.5M | 1.07B | 1.28B | 1.19B | 1.26B | 1.27B |
Income tax expense | 125M | 118.3M | 63.3M | 55.5M | 149.1M | 160.1M | 239.7M | 324.7M | 405.9M | 395.8M |
Net income | 865.8M | 755.2M | 608.4M | 1.61B | 738.9M | 2.91B | 1.04B | 872.3M | 863.8M | 883.4M |
Earnings per share | ||||||||||
Basic EPS | 2.46 | 2.12 | 1.64 | 4.58 | 2.2 | 8.43 | 3.01 | 2.52 | 2.5 | 2.56 |
Diluted EPS | 2.43 | 2.09 | 1.63 | 4.3 | 2.17 | 8.31 | 2.96 | 2.51 | 2.5 | 2.56 |
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