Earnings Summary

Fortive Corp’s revenue jumped 2.68% since last year same period to $1534.6Mn in the Q3 2024. On a quarterly growth basis, Fortive Corp has generated -1.15% fall in its revenue since last 3-months.

Fortive Corp’s net profit jumped 1.65% since last year same period to $221.6Mn in the Q3 2024. On a quarterly growth basis, Fortive Corp has generated 13.58% jump in its net profits since last 3-months.

Fortive Corp’s net profit margin fell -1% since last year same period to 14.44% in the Q3 2024. On a quarterly growth basis, Fortive Corp has generated 14.9% jump in its net profit margins since last 3-months.

Fortive Corp’s price-to-earnings ratio after this Q3 2024 earnings stands at 29.8.

Fortive Corp’s earning per share (EPS) estimates for the current quarter stand at 0.93 - a 1.09% jump from last quarter’s estimates.

Fortive Corp’s earning per share (EPS) estimates for the current year stand at 0.93.

Fortive Corp’s earning per share (EPS) jumped 14.12% since last year same period to 0.97 in the Q3 2024. This indicates that the Fortive Corp has generated 14.12% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Fortive Corp’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Fortive Corp’s return on equity (ROE) stands at 0.09.

Fortive Corp declared 0.08 dividend per share during the earnings announcement for Q3 2024.