Fortive (Fortive) Net Margin %

: 16.75% (As of Dec. 2023)

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Net margin is calculated as Net Income divided by its Revenue. Fortive's Net Income for the three months ended in Dec. 2023 was $265 Mil. Fortive's Revenue for the three months ended in Dec. 2023 was $1,584 Mil. Therefore, Fortive's net margin for the quarter that ended in Dec. 2023 was 16.75%.

The historical rank and industry rank for Fortive's Net Margin % or its related term are showing as below:

FTV' s Net Margin % Range Over the Past 10 Years
Min: 11.58 Med: 15.23 Max: 76.67
Current: 14.28

FTV's Net Margin % is ranked better than
88.09% of 2461 companies
in the Hardware industry
Industry Median: 2.83 vs FTV: 14.28

Fortive Net Margin % Historical Data

The historical data trend for Fortive's Net Margin % 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Net Margin %

16.19

34.81

11.58

12.96

14.27

Fortive Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Net Margin %																14.85	11.88	13.69	14.59	16.75

Competitive Comparison

For the Scientific & Technical Instruments subindustry, Fortive's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Fortive Net Margin % Distribution

For the Hardware industry and Technology sector, Fortive's Net Margin % distribution charts can be found below:

* The bar in red indicates where Fortive's Net Margin % falls into.

Fortive Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Fortive's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	865.8	/	6065.3
	=	14.27 %

Fortive's Net Margin for the quarter that ended in Dec. 2023 is calculated as

Net Margin	=	Net Income (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	265.2	/	1583.7
	=	16.75 %

Fortive (NYSE:FTV) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.

Fortive Net Margin % Related Terms

Thank you for viewing the detailed overview of Fortive's Net Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

Fortive (Fortive) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Fortive Corp (NYSE:FTV) » Definitions » Net Margin %

Comparable Companies

Traded in Other Exchanges

FTV:Mexico F03:Germany F03:Germany F1TV34:Brazil

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