Fortive (FTV): financials, SEC filings and peers
Fortive (FTV) is an industrial machinery & supplies & components company in the Industrials sector of the S&P 500, headquartered in Everett, Washington.
It was founded in 2016 and joined the S&P 500 on July 1, 2016.
Its fiscal year ends in December, and its shares trade on the NYSE.
In its SEC filings it is classified as “Industrial Instruments For Measurement, Display, and Control”.
Fortive at a glance
- Revenue (12 months)
- $4.2B
- Revenue growth
- +3.6%
- Operating margin
- 17.6%
- Net income (12 months)
- $544M
- Free cash flow (12 months)
- $966M
- Cash
- $356M
- Debt
- $3.5B
- Diluted EPS (12 months)
- $1.67
Twelve months to April 3, 2026, from the 10-Q filed April 30, 2026.
Latest twelve months
Over the twelve months to April 3, 2026, Fortive reported revenue of $4.2 billion, about the same as a year earlier (+3.6%).
Its operating margin was 17.6%: for every $100 of sales, about $18 was left as operating profit.
Net income was $544 million (12.8% of revenue), 31.8% lower than a year earlier.
Operating cash flow was $1.1 billion and capital spending $111 million, leaving free cash flow of $966 million (22.8% of revenue).
At the end of the period it held $356 million in cash and $3.5 billion in debt, a net debt position of $3.1 billion.
The diluted share count fell 9.2% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $4.6 billion in fiscal 2020 to $4.2 billion in fiscal 2025, a decline of about 2.1% a year.
- Operating margin widened from 11.6% to 17.3% over the same years.
- Free cash flow was positive in each of the last 6 fiscal years.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $5.3B | $5.8B | $3.9B | $4.1B | $4.2B |
| Revenue growth | 13.4% | 10.9% | -32.8% | 4.3% | 1.9% |
| Operating margin | 15.5% | 16.9% | 14.7% | 17.6% | 17.3% |
| Net income | $608M | $755M | $866M | $833M | $579M |
| Free cash flow | $911M | $1.2B | $1.3B | $1.4B | $978M |
| Diluted EPS | $1.63 | $2.10 | $2.43 | $2.36 | $1.73 |
Fiscal years as reported in Fortive’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 10, 2026 — Executive or director change
- 10-Q filed July 29, 2026 — quarterly report
- 8-K filed July 29, 2026 — Earnings results
- 8-K filed June 11, 2026 — Shareholder vote results
- 8-K filed May 14, 2026 — Material agreement; New debt obligation
- 10-Q filed April 30, 2026 — quarterly report
- 8-K filed April 30, 2026 — Earnings results
- 8-K filed March 20, 2026 — Material agreement; New debt obligation
Companies like Fortive
Other S&P 500 companies in Industrial Machinery & Supplies & Components:
- DOVDover CorporationDowners Grove, Illinois
- GWWW. W. GraingerLake Forest, Illinois
- HUBBHubbell IncorporatedShelton, Connecticut
- IEXIDEX CorporationNorthbrook, Illinois
- IRIngersoll RandDavidson, North Carolina
- ITWIllinois Tool WorksGlenview, Illinois
- NDSNNordson CorporationWestlake, Ohio
- OTISOtis WorldwideFarmington, Connecticut
More from Industrials
Questions about Fortive
Is Fortive's revenue growing?
Yes. Revenue for the twelve months to April 3, 2026 was $4.2 billion, up 3.6% from a year earlier, according to its SEC filings.
Is Fortive profitable?
Yes. It earned $544 million in net income over the twelve months to April 3, 2026, a net margin of 12.8%.
Does Fortive have more cash or more debt?
At April 3, 2026 it had $356 million in cash and $3.5 billion in debt, so more debt than cash.
When did Fortive last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on July 29, 2026.
Which companies are similar to Fortive?
In the S&P 500, Fortive is grouped in Industrial Machinery & Supplies & Components within the Industrials sector. Dover Corporation (DOV), W. W. Grainger (GWW), Hubbell Incorporated (HUBB), IDEX Corporation (IEX), Ingersoll Rand (IR) are in the same group.
Understand the numbers
Source: Fortive’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.