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Fortive
🇺🇸 NYSE:FTV
•
Dec 31, 2024

Fortive Q4 2024 Earnings Report

Key Takeaways

Fortive reported strong Q4 2024 results, with revenue increasing 2% year-over-year to $1.62 billion. Adjusted EPS grew 19% to $1.17, and free cash flow reached $465 million, up 13%. The company highlighted robust performance in its Intelligent Operating Solutions and Advanced Healthcare Solutions segments, while Precision Technologies showed sequential improvement.

Total Revenue
$1.62B
Previous year: $1.58B
+2.3%
EPS
$1.17
Previous year: $0.98
+19.4%
Operating Margin
19%
Free Cash Flow
$465M
Core Revenue Growth
1.8%
Gross Profit
$977M
Previous year: $311M
+213.9%
Cash and Equivalents
$813M
Previous year: $1.89B
-56.9%
Free Cash Flow
$465M
Previous year: $413M
+12.7%
Total Assets
$17B
Previous year: $16.9B
+0.6%

Fortive Revenue

Fortive EPS

Fortive Revenue by Segment

Forward Guidance

Fortive expects continued core sales growth and strong operating performance in 2025, supported by innovation and segment momentum.

Positive Outlook

  • Revenue expected to grow to $6.23B - $6.35B in FY25
  • Adjusted EPS projected at $4.00 - $4.12, a 3-6% increase
  • Strong order growth in all segments
  • Separation of Precision Technologies progressing well
  • Continued investment in innovation and efficiency improvements

Challenges Ahead

  • Macroeconomic uncertainty may impact growth
  • Separation costs could affect near-term profitability
  • Potential supply chain constraints in certain markets
  • Operating margin slightly declined from prior year
  • Currency fluctuations may impact international revenue

Revenue & Expenses

Visualization of income flow from segment revenue to net income