Fortive Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 2012
Revenue	6,065	5,826	5,255	4,634	4,564	Upgrade
Revenue Growth (YoY)	4.11%	10.87%	13.38%	1.54%	20.09%	Upgrade
Cost of Revenue	2,471	2,462	2,248	2,026	2,081	Upgrade
Gross Profit	3,594	3,363	3,007	2,609	2,483	Upgrade
Selling, General & Admin	2,063	1,957	1,840	1,748	1,719	Upgrade
Research & Development	397.8	401.5	354.8	320.7	320.3	Upgrade
Other Operating Expenses	0	17.9	0	0	0	Upgrade
Operating Expenses	2,460	2,376	2,194	2,069	2,039	Upgrade
Operating Income	1,134	987.4	812.8	539.4	443.9	Upgrade
Interest Expense / Income	123.5	98.3	103.2	148.5	142.6	Upgrade
Other Expense / Income	19.4	15.6	37.9	-1,277.9	-506.2	Upgrade
Pretax Income	990.8	873.5	671.7	1,669	807.5	Upgrade
Income Tax	125	118.3	63.3	55.5	68.6	Upgrade
Net Income	865.8	755.2	608.4	1,613	738.9	Upgrade
Preferred Dividends	0	0	34.5	69	69	Upgrade
Net Income Common	865.8	755.2	573.9	1,544	669.9	Upgrade
Net Income Growth	14.65%	31.59%	-62.84%	130.53%	-76.73%	Upgrade
Shares Outstanding (Basic)	353	356	349	337	336	Upgrade
Shares Outstanding (Diluted)	356	361	352	359	340	Upgrade
Shares Change	-1.44%	2.41%	-1.87%	5.59%	-3.05%	Upgrade
EPS (Basic)	2.46	2.12	1.64	4.58	1.99	Upgrade
EPS (Diluted)	2.43	2.10	1.63	4.49	1.97	Upgrade
EPS Growth	15.71%	28.83%	-63.70%	127.92%	-76.00%	Upgrade
Free Cash Flow	1,253	1,207	915.6	1,366	1,197	Upgrade
Free Cash Flow Per Share	3.56	3.39	2.62	4.05	3.56	Upgrade
Dividend Per Share	0.290	0.280	0.280	0.280	0.280	Upgrade
Dividend Growth	3.57%	0%	0%	0%	0%	Upgrade
Gross Margin	59.26%	57.73%	57.23%	56.29%	54.41%	Upgrade
Operating Margin	18.69%	16.95%	15.47%	11.64%	9.73%	Upgrade
Profit Margin	14.27%	12.96%	10.92%	33.32%	14.68%	Upgrade
Free Cash Flow Margin	20.66%	20.73%	17.42%	29.48%	26.23%	Upgrade
Effective Tax Rate	12.62%	13.54%	9.42%	3.33%	8.50%	Upgrade
EBITDA	1,571	1,437	1,170	2,201	1,292	Upgrade
EBITDA Margin	25.90%	24.67%	22.27%	47.50%	28.30%	Upgrade
Depreciation & Amortization	456.8	465.6	395.5	384	341.5	Upgrade
EBIT	1,114	971.8	774.9	1,817	950.1	Upgrade
EBIT Margin	18.37%	16.68%	14.75%	39.21%	20.82%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).