Fortive (Fortive) Retained Earnings : $7,685 Mil (As of Mar. 2024)

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What is Fortive Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fortive's retained earnings for the quarter that ended in Mar. 2024 was $7,685 Mil.

Fortive's quarterly retained earnings increased from Sep. 2023 ($7,269 Mil) to Dec. 2023 ($7,506 Mil) and increased from Dec. 2023 ($7,506 Mil) to Mar. 2024 ($7,685 Mil).

Fortive's annual retained earnings increased from Dec. 2021 ($6,024 Mil) to Dec. 2022 ($6,742 Mil) and increased from Dec. 2022 ($6,742 Mil) to Dec. 2023 ($7,506 Mil).

Fortive Retained Earnings Historical Data

The historical data trend for Fortive's Retained Earnings 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.

* Premium members only.

Fortive Retained Earnings Chart

Fortive Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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4,128.80

5,547.40

6,023.60

6,742.10

7,505.90

Fortive Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															6,891.00	7,075.40	7,268.80	7,505.90	7,685.20

Fortive Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Fortive (NYSE:FTV) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Fortive (Fortive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fortive Corp (NYSE:FTV) » Definitions » Retained Earnings

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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.

Executives

Charles E Mclaughlin	officer: SVP - Chief Financial Officer	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Patrick K Murphy	officer: Senior Vice President	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Christopher M. Mulhall	officer: VP - Chief Accounting Officer	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Stacey A. Walker	officer: SVP - Human Resources	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
Eric Branderiz	director	915 DEGUIGNE DRIVE, PO BOX 3453, SUNNYVALE CA 94088-3453
Alan G Spoon	director, other: Chairman	1150 15TH ST NW, WASHINGTON DC 20071
Tamara S. Newcombe	officer: President & CEO of PT	6920 SEAWAY BLVD., EVERETT WA 98203
Wright Iii Lassiter	director	500 PLAZA DRIVE, C/O QUEST DIAGNOSTICS, SECAUCUS NJ 07094
Barbara B. Hulit	officer: Senior Vice President	C/O FORTIVE CORPORATION, 6920 SEAWAY BLVD, EVERETT WA 98203
Jonathan L Schwarz	officer: VP-Corporate Development	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203
James A Lico	officer: President, CEO and Secretary
Peter C Underwood	officer: SVP-General Counsel/Secretary	200 STATE STREET, BELOIT WI 53511
Olumide Soroye	officer: President & CEO of IOS	6920 SEAWAY BLVD., EVERETT WA 98203
Steven M Rales	director	2200 PENNSYLVANIA AVENUE, NW, SUITE 800W, WASHINGTON DC 20037
William W Pringle	officer: Senior Vice President	C/O FORTIVE CORPORATION, 6920 SEAWAY BOULEVARD, EVERETT WA 98203