Earnings Summary

Fortive Corp’s revenue jumped 4.31% since last year same period to $1526.4Mn in the Q2 2023. On a quarterly growth basis, Fortive Corp has generated 4.5% jump in its revenue since last 3-months.

Fortive Corp’s net profit jumped 20.81% since last year same period to $209Mn in the Q2 2023. On a quarterly growth basis, Fortive Corp has generated 20.39% jump in its net profits since last 3-months.

Fortive Corp’s net profit margin jumped 15.82% since last year same period to 13.69% in the Q2 2023. On a quarterly growth basis, Fortive Corp has generated 15.21% jump in its net profit margins since last 3-months.

Fortive Corp’s earning per share (EPS) estimates for the current quarter stand at 0.85 - a 11.84% jump from last quarter’s estimates.

Fortive Corp’s earning per share (EPS) estimates for the current year stand at 0.85.

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 0.08.

Fortive Corp declared 0.07 dividend per share during the earnings announcement for Q1 2023.