Fortive Corp (FTV)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 60.06% | 60.26% | 60.49% | 60.45% | 60.67% | 60.33% | 59.88% | 59.16% | 58.91% | 58.26% | 57.80% | 57.67% | 57.23% | 57.16% | 50.00% | 45.36% | 40.88% | 36.18% | 35.73% | 34.62% |
| 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% |
| Pretax margin | 15.61% | 15.83% | 16.42% | 16.87% | 16.73% | 16.54% | 15.96% | 15.37% | 15.30% | 14.08% | 13.64% | 13.92% | 12.78% | 33.18% | 31.08% | 28.92% | 26.15% | 8.74% | 8.69% | 9.18% |
| 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% |
Profitability ratios provide insights into a company's ability to generate profit relative to its revenue and other operating metrics.
1. Gross Profit Margin: Fortive Corp's gross profit margin has shown a consistent upward trend from 34.62% in March 2020 to 60.06% in December 2024. This indicates the company's efficiency in controlling production costs and generating profit from its core operations.
2. Operating Profit Margin: The operating profit margin has also exhibited a positive trajectory, increasing from 6.09% in March 2020 to 19.42% in December 2024. This signifies Fortive's effectiveness in managing its operating expenses and improving operational efficiency.
3. Pretax Margin: The pretax margin fluctuated over the period but generally trended upwards from 9.18% in March 2020 to 15.61% in December 2024. This ratio reflects Fortive's ability to generate profit before accounting for taxes, indicating improvements in overall profitability.
4. Net Profit Margin: Fortive's net profit margin experienced some volatility but increased from 8.39% in March 2020 to 13.41% in December 2024. This metric reflects the company's bottom-line profitability after accounting for all expenses, including taxes. The increasing trend indicates better control over costs and enhanced profitability over time.
Overall, Fortive Corp has demonstrated a positive trend in its profitability ratios, reflecting efficient cost management, revenue generation, and overall financial performance.
Return on investment
| 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 return on assets (Operating ROA) | 7.09% | 6.93% | 6.98% | 6.82% | 6.70% | 7.11% | 6.83% | 6.43% | 6.21% | 5.65% | 5.28% | 5.09% | 4.94% | 5.31% | 5.04% | 4.35% | 3.36% | 2.88% | 2.72% | 2.64% |
| Return on assets (ROA) | 4.89% | 5.10% | 5.12% | 5.13% | 5.12% | 5.28% | 5.08% | 4.83% | 4.75% | 4.36% | 4.08% | 4.08% | 3.69% | 11.08% | 11.95% | 11.78% | 10.05% | 3.43% | 3.42% | 3.64% |
| Return on total capital | 8.75% | 8.47% | 8.50% | 8.12% | 8.12% | 9.23% | 9.00% | 8.49% | 8.27% | 7.52% | 7.00% | 6.73% | 7.18% | 7.39% | 6.86% | 5.95% | 4.57% | 4.00% | 3.76% | 3.42% |
| Return on equity (ROE) | 8.17% | 8.43% | 8.44% | 8.59% | 8.39% | 8.21% | 8.02% | 7.74% | 7.80% | 7.38% | 6.94% | 6.94% | 6.40% | 17.80% | 18.82% | 18.67% | 18.00% | 7.69% | 7.73% | 8.51% |
Fortive Corp has shown consistent improvement in its profitability ratios over the past few years. The Operating Return on Assets (Operating ROA) has steadily increased from 2.64% as of March 31, 2020, to 7.09% as of December 31, 2024. This indicates the company's ability to generate profits from its operational assets.
Similarly, the Return on Assets (ROA) has also improved significantly, starting at 3.64% as of March 31, 2020, and reaching 4.89% by December 31, 2024. This shows the overall effectiveness of Fortive in generating profits relative to its total assets.
The Return on Total Capital has shown a consistent upward trend, starting at 3.42% as of March 31, 2020, and increasing to 8.75% by December 31, 2024. This metric reflects how efficiently the company is utilizing its total capital to generate returns.
Furthermore, the Return on Equity (ROE) has also improved over the years, albeit with some fluctuations, from 8.51% as of March 31, 2020, to 8.17% by December 31, 2024. This demonstrates the company's ability to generate returns for its shareholders relative to their equity investments.
Overall, Fortive Corp's profitability ratios have shown positive trends, indicating improved operational efficiency and effective utilization of assets and capital to generate returns for both the company and its shareholders.