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Dec 31, 2021
Fortive Q4 2021 Earnings Report
Announced fourth quarter and full year 2021 results, demonstrating core revenue growth, margin expansion, earnings, and cash flow growth.
Key Takeaways
Fortive reported a 3.8% increase in revenue to $1.37 billion for Q4 2021, with a core revenue growth of 1.0%. GAAP EPS was $0.46, and adjusted EPS was $0.79, up 13%. The company anticipates 2022 GAAP EPS of $2.03-2.17 and adjusted EPS of $3.00-3.13.
Delivered significant core revenue growth, margin expansion, earnings and cash flow growth in 2021
Sequential revenue growth and robust margin expansion across portfolio in Q4
Strong demand for software-enabled workflow solutions yields double-digit software growth
Q4 revenue growth of 4%, up 1% core, reflects continued supply chain constraints and COVID challenges
Revenue by Segment
Forward Guidance
For the first quarter of 2022, Fortive anticipates revenue of $1.33 billion to $1.37 billion, diluted net earnings per share from continuing operations to be in the range of $0.40 to $0.44 and adjusted diluted net earnings per share from continuing operations to be in the range of $0.65 to $0.69. For the full year 2022, Fortive anticipates revenue of $5.73 billion to $5.88 billion, diluted net earnings per share from continuing operations to be in the range of $2.03 to $2.17 and adjusted diluted net earnings per share from continuing operations to be in the range of $3.00 to $3.13.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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