Fortive (BSP:F1TV34) Tax Rate % : 11.37% (As of Mar. 2024)

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What is Fortive Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Fortive's Tax Expense for the three months ended in Mar. 2024 was R$132 Mil. Fortive's Pre-Tax Income for the three months ended in Mar. 2024 was R$1,165 Mil. Therefore, Fortive's Tax Rate % for the quarter that ended in Mar. 2024 was 11.37%.

Fortive Tax Rate % Historical Data

The historical data trend for Fortive's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortive Tax Rate % Chart

Fortive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

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20.37

3.68

9.34

13.54

12.62

Fortive Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Tax Rate %	Get a 7-Day Free Trial															15.65	16.53	15.21	4.43	11.37

Fortive Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Fortive's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	612.475	/	4854.722
	=	12.62 %

Fortive's Tax Rate % for the quarter that ended in Mar. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Mar. 2024 )	/	Pre-Tax Income (Q: Mar. 2024 )
	=	132.463	/	1165.273
	=	11.37 %

Fortive Tax Rate % Related Terms

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Fortive (BSP:F1TV34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fortive Corp (BSP:F1TV34) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

FTV:USA FTV:Mexico F03:Germany

Address

6920 Seaway Boulevard, Everett, WA, USA, 98203

Website

https://www.fortive.com

Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $5.8 billion in revenue and $1.4 billion in adjusted operating income in 2022.

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