Fortive Corp (FTV) Financial Statements (2026 and earlier)

Company Profile

Business Address 6920 SEAWAY BLVD.
EVERETT, WA 98203
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 3823 - Industrial Instruments for Measurement, Display, and Control of Process Variables; and Related Products (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments3768131,8897098192,944
Cash and cash equivalent3768131,8897098191,825
Short-term investments      1,119
Receivables684945961959930810
Inventory, net of allowances, customer advances and progress billings292545537537513456
Inventory292545537537513456
Contract with customer, asset, after allowance for credit loss151118108827156
Disposal group, including discontinued operation21    30
Other undisclosed current assets83171177191182151
Total current assets:1,6062,5923,6722,4772,5154,447
Noncurrent Assets
Operating lease, right-of-use asset     176189
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization270433440422396422
Intangible asset, including goodwill, after accumulated amortization9,48713,49612,28212,53613,04210,650
Goodwill7,29810,1569,1229,0499,1527,359
Intangible asset, excluding goodwill, after accumulated amortization2,1883,3403,1603,4873,8903,291
Other noncurrent assets376495519456337344
Total noncurrent assets:10,13214,42413,24013,41413,95111,605
TOTAL ASSETS:11,73817,01616,91215,89116,46616,052
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1,3471,8621,7911,7271,5191,381
Accounts payable436677609623558481
Accrued liabilities9111,1851,1831,104961900
Debt900376 1,0002,1521,400
Disposal group, including discontinued operation      33
Other undisclosed current liabilities     4547
Total current liabilities:2,2472,2381,7912,7273,7152,861
Noncurrent Liabilities
Long-term debt and lease obligation2,3073,3313,6462,2521,9472,985
Long-term debt, excluding current maturities2,3073,3313,6462,2521,8072,830
Liabilities, other than long-term debt7241,2511,1491,2231,2861,233
Other liabilities7241,2511,1491,2231,2861,233
Operating lease, liability     140154
Total noncurrent liabilities:3,0304,5824,7953,4753,2344,218
Total liabilities:5,2776,8216,5876,2026,9497,079
Equity
Equity, attributable to parent6,45310,18910,3199,6839,5128,964
Common stock444443
Treasury stock, value(3,230)(1,612)(716)(443)  
Additional paid in capital4,2104,0353,8513,7063,6703,555
Accumulated other comprehensive income (loss)41(465)(326)(326)(185)(141)
Retained earnings5,4298,2287,5066,7426,0245,547
Equity, attributable to noncontrolling interest876559
Total equity:6,46110,19610,3259,6899,5178,973
TOTAL LIABILITIES AND EQUITY:11,73817,01616,91215,89116,46616,052

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues4,1596,2326,0655,8265,2554,634
Cost of revenue
(Cost of Product and Service Sold)		(1,518)(2,501)(2,471)(2,462)(2,248)(2,026)
Gross profit:2,6413,7313,5943,3633,0072,609
Operating expenses   (2,460)(2,358)(2,194)(2,069)
Other undisclosed operating loss(1,921)(2,524) (18)  
Operating income:7201,2071,134987813539
Nonoperating income (expense)
(Other Nonoperating Income (Expense))		3(59)(19)(16)(14)(2)
Interest and debt expense(121)(153)(124)(98)(208)(149)
Income from continuing operations before equity method investments, income taxes:602995991874591389
Other undisclosed income (loss) from continuing operations before income taxes  (26)  871,119
Income from continuing operations before income taxes:6029709918746781,508
Income tax expense(70)(137)(125)(118)(63)(56)
Income from continuing operations:5338338667556141,452
Income before gain (loss) on sale of properties:✕✕✕✕✕6081,613
Income (loss) from discontinued operations     (6)161
Net income:5338338667556081,613
Other undisclosed net income (loss) attributable to parent47     
Net income attributable to parent:5798338667556081,613
Preferred stock dividends and other adjustments     (35)(69)
Net income available to common stockholders, basic:5798338667555741,544
Interest on convertible debt    2  
Dilutive securities, effect on basic earnings per share      69
Net income available to common stockholders, diluted:5798338667575741,613

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:5338338667556081,613
Other comprehensive income (loss)  (139)(0)(141)(44)51
Comprehensive income:5336948656155651,664
Other undisclosed comprehensive income, net of tax, attributable to parent221     
Comprehensive income, net of tax, attributable to parent:7536948656155651,664

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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