Fortive Corp (FTV)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 832,900 | 865,800 | 755,200 | 608,400 | 1,613,300 |
| Total stockholders’ equity | US$ in thousands | 10,188,600 | 10,318,900 | 9,683,400 | 9,512,200 | 8,964,200 |
| ROE | 8.17% | 8.39% | 7.80% | 6.40% | 18.00% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $832,900K ÷ $10,188,600K
= 8.17%
Fortive Corp's return on equity (ROE) has shown a declining trend over the past five years. Starting at 18.00% in December 31, 2020, the ROE decreased to 6.40% by December 31, 2021. However, there has been a slight improvement in ROE in the subsequent years, with values of 7.80% in 2022, 8.39% in 2023, and 8.17% in 2024.
This fluctuation in ROE indicates that Fortive Corp's profitability in generating returns from shareholders' equity has varied over the years. It is essential for investors and stakeholders to closely monitor this metric to assess the company's efficiency in utilizing its equity to generate profits. Further analysis of the company's financial performance and operational strategies would be necessary to understand the factors influencing the changes in ROE.
Peer comparison
Dec 31, 2024