Fortive Corp (FTV)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	832,900	889,300	885,700	899,600	865,800	827,800	799,700	763,700	755,200	693,000	655,400	663,300	608,400	1,659,000	1,732,500	1,681,600	1,613,300	590,500	571,800	616,400
Revenue (ttm)	US$ in thousands	6,212,100	6,142,000	6,072,100	6,038,600	5,923,600	5,866,200	5,831,100	5,780,100	5,709,200	5,604,400	5,475,800	5,353,200	5,254,700	5,204,800	5,762,200	5,970,500	6,381,200	7,058,700	7,054,500	7,346,800
Net profit margin		13.41%	14.48%	14.59%	14.90%	14.62%	14.11%	13.71%	13.21%	13.23%	12.37%	11.97%	12.39%	11.58%	31.87%	30.07%	28.17%	25.28%	8.37%	8.11%	8.39%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $832,900K ÷ $6,212,100K
= 13.41%

Fortive Corp's net profit margin has exhibited fluctuations over the periods from March 31, 2020, to December 31, 2024. The net profit margin started at 8.39% on March 31, 2020, and generally showed an increasing trend until peaking at 31.87% on September 30, 2021. Subsequently, there was a notable decline in net profit margin to 11.58% by December 31, 2021.

From March 31, 2022, the net profit margin gradually increased again, reaching 14.62% by December 31, 2023. However, there was a slight decrease to 13.41% by December 31, 2024. Despite some fluctuations, Fortive Corp generally maintained a healthy level of profitability based on the net profit margin over the analyzed period. Further analysis of the underlying factors driving these fluctuations would provide deeper insights into the company's financial performance.