Fortive Corp (FTV)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,206,600 | 1,210,400 | 1,206,000 | 1,195,500 | 1,133,700 | 1,113,700 | 1,074,500 | 1,015,500 | 987,400 | 898,100 | 848,500 | 827,500 | 812,800 | 795,100 | 730,300 | 621,600 | 539,400 | 495,400 | 454,300 | 447,300 |
| 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 |
| Operating profit margin | 19.42% | 19.71% | 19.86% | 19.80% | 19.14% | 18.99% | 18.43% | 17.57% | 17.29% | 16.02% | 15.50% | 15.46% | 15.47% | 15.28% | 12.67% | 10.41% | 8.45% | 7.02% | 6.44% | 6.09% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,206,600K ÷ $6,212,100K
= 19.42%
Fortive Corp's operating profit margin has shown a consistent improvement over the analyzed period, starting at 6.09% in March 2020 and increasing to 19.42% by December 2024. The trend indicates a gradual and positive performance in managing operating expenses relative to revenue generation. The company has been successful in enhancing operational efficiency and profitability metrics over the years. The latest operating profit margin of 19.42% as of December 31, 2024, reflects a strong ability to generate profits from its core business operations. This upward trajectory suggests effective cost control measures and revenue growth strategies adopted by Fortive Corp.
Peer comparison
Dec 31, 2024