Fortive Corp (FTV)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,206,600 | 1,133,700 | 987,400 | 812,800 | 539,400 |
| Revenue | US$ in thousands | 6,256,100 | 5,923,600 | 5,709,200 | 5,059,600 | 4,504,200 |
| Operating profit margin | 19.29% | 19.14% | 17.29% | 16.06% | 11.98% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,206,600K ÷ $6,256,100K
= 19.29%
The operating profit margin of Fortive Corp has shown a positive trend over the past five years, increasing consistently from 11.98% as of December 31, 2020, to 19.29% as of December 31, 2024. This improvement demonstrates the company's ability to effectively manage its operating costs and generate higher profits from its core business activities. The gradual uptrend in the operating profit margin signifies increasing efficiency and profitability in Fortive's operations, which can be attributed to factors such as cost-control measures, revenue growth, and operational excellence. Overall, the rising trend in the operating profit margin reflects Fortive Corp's strong financial performance and sustainable profitability over the specified period.
Peer comparison
Dec 31, 2024