Fortive Historical Income Statement
FTV Stock | USD 76.95 1.20 1.58% |
Historical analysis of Fortive Corp income statement accounts such as Total Revenue of 4.8 B or Gross Profit of 3.4 B can show how well Fortive Corp performed in making a profits. Evaluating Fortive Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Fortive Corp's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Fortive Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Fortive Corp is a good buy for the upcoming year.
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About Fortive Income Statement Analysis
Fortive Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Fortive Corp shareholders. The income statement also shows Fortive investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Fortive Corp Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Fortive Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Fortive Corp minus its cost of goods sold. It is profit before Fortive Corp operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Operating Income
Operating Income is the amount of profit realized from Fortive Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Fortive Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Cost Of Revenue
Cost of Revenue is found on Fortive Corp income statement and represents the costs associated with goods and services Fortive Corp provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Tax Provision
The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.Most accounts from Fortive Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Fortive Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Fortive Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more information on how to buy Fortive Stock please use our How to Invest in Fortive Corp guide.At this time, Fortive Corp's Other Operating Expenses is fairly stable compared to the past year. Research Development is likely to climb to about 424.7 M in 2024, whereas Interest Expense is likely to drop slightly above 79.7 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 3.0B | 3.4B | 3.6B | 3.4B | Total Revenue | 5.3B | 5.8B | 6.1B | 4.8B |
Fortive Corp income statement Correlations
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Fortive Corp income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Depreciation And Amortization | 341.5M | 384M | 395.5M | 465.6M | 456.8M | 302.4M | |
Interest Expense | 164.2M | 148.5M | 103.2M | 98.3M | 123.5M | 79.7M | |
Total Revenue | 7.3B | 4.6B | 5.3B | 5.8B | 6.1B | 4.8B | |
Gross Profit | 3.7B | 2.6B | 3.0B | 3.4B | 3.6B | 3.4B | |
Other Operating Expenses | 6.3B | 4.1B | 4.4B | 4.8B | 2.5B | 3.8B | |
Operating Income | 1.0B | 539.4M | 812.8M | 987.4M | 1.1B | 869.5M | |
Ebit | 1.0B | 563.8M | 810.6M | 1.0B | 1.1B | 873.7M | |
Research Development | 456.7M | 320.7M | 354.8M | 401.5M | 397.8M | 424.7M | |
Ebitda | 1.4B | 947.8M | 1.2B | 1.5B | 1.1B | 1.1B | |
Cost Of Revenue | 3.6B | 2.0B | 2.2B | 2.5B | 2.5B | 2.3B | |
Total Operating Expenses | 2.7B | 2.1B | 2.2B | 2.4B | 2.5B | 2.2B | |
Income Before Tax | 874.5M | 1.5B | 677.5M | 873.5M | 990.8M | 886.9M | |
Total Other Income Expense Net | (129.6M) | 968.3M | (135.3M) | (113.9M) | (142.9M) | (135.8M) | |
Net Income | 738.9M | 1.6B | 608.4M | 755.2M | 865.8M | 1.2B | |
Income Tax Expense | 149.1M | 55.5M | 63.3M | 118.3M | 125M | 180.9M | |
Selling General Administrative | 2.2B | 1.7B | 1.8B | 2.0B | 2.0B | 1.9B | |
Net Income Applicable To Common Shares | 669.9M | 1.5B | 573.9M | 755.2M | 868.5M | 1.2B | |
Net Income From Continuing Ops | 725.4M | 1.5B | 614.2M | 755.2M | 827.8M | 716.6M | |
Minority Interest | 17.9M | 17.4M | 13.2M | 8.5M | 9.8M | 10.4M | |
Tax Provision | 149.1M | 55.5M | 63.3M | 118.3M | 142.5M | 145.5M | |
Discontinued Operations | 2.4B | 470.8M | 161.1M | (5.8M) | (5.2M) | (5.0M) | |
Net Interest Income | (164.2M) | (148.5M) | (103.2M) | (98.3M) | (127.1M) | (133.5M) | |
Interest Income | 164.2M | 970.7M | 103.2M | 98.3M | 113.0M | 107.4M | |
Extraordinary Items | 230.2M | 2.0B | 13.5M | 161.1M | (5.8M) | 0.0 | |
Reconciled Depreciation | 426.2M | 384M | 395.5M | 465.6M | 457.7M | 402.9M | |
Non Operating Income Net Other | (3M) | (6.2M) | (2.4M) | (119M) | (107.1M) | (101.7M) |
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When running Fortive Corp's price analysis, check to measure Fortive Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortive Corp is operating at the current time. Most of Fortive Corp's value examination focuses on studying past and present price action to predict the probability of Fortive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortive Corp's price. Additionally, you may evaluate how the addition of Fortive Corp to your portfolios can decrease your overall portfolio volatility.