Fortive Corp (FTV)

Return on assets (ROA)

		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
Total assets	US$ in thousands	17,016,100	17,453,600	17,285,000	17,520,100	16,911,800	15,664,400	15,730,700	15,804,800	15,890,600	15,893,100	16,070,900	16,266,400	16,465,500	14,976,100	14,495,500	14,278,900	16,051,500	17,199,700	16,705,700	16,931,700
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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $832,900K ÷ $17,016,100K
= 4.89%

Fortive Corp's return on assets (ROA) has shown fluctuations over the quarters from March 2020 to December 2024. The ROA started at 3.64% in March 2020, slightly decreased to 3.42% in June 2020, and remained relatively stable around 3.43%-4.08% until September 2021. Subsequently, there was a significant increase in ROA, reaching a high of 11.95% in June 2021. The ROA remained elevated above 10% for several quarters before gradually declining to 4.89% by December 2024.

Overall, the ROA of Fortive Corp demonstrates the company's ability to generate profits relative to its total assets over the period analyzed. The fluctuations observed in the ROA may indicate changes in the company's efficiency in utilizing its assets to generate earnings. Monitoring ROA trends can provide insights into the company's operational performance and financial health.