Fortive Corp (FTV)
Return on equity (ROE)
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 stockholders’ equity | US$ in thousands | 10,188,600 | 10,554,900 | 10,499,300 | 10,476,700 | 10,318,900 | 10,077,800 | 9,965,800 | 9,869,900 | 9,683,400 | 9,390,800 | 9,444,300 | 9,561,400 | 9,512,200 | 9,318,000 | 9,205,000 | 9,009,000 | 8,964,200 | 7,676,100 | 7,395,300 | 7,242,100 |
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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $832,900K ÷ $10,188,600K
= 8.17%
Fortive Corp's return on equity (ROE) has fluctuated over the past few years. From March 2020 to June 2021, the ROE showed a generally increasing trend, reaching a peak of 18.82% in June 2021. However, the ROE dropped in the following quarters and hit a low of 6.40% in December 2021. Subsequently, there was a slight recovery in the ROE, reaching 8.59% by March 2024, before stabilizing around 8% in the following quarters.
Overall, Fortive Corp's ROE has displayed some volatility, with periods of both growth and decline. Investors and analysts may want to further investigate the factors contributing to these fluctuations to assess the company's performance and effectiveness in generating returns for its shareholders.
Peer comparison
Dec 31, 2024