Fortive (FTV) Revenue & Revenue Breakdown
Fortive Revenue Highlights
Latest Revenue (Y)
$6.07B
Latest Revenue (Q)
$1.55B
Main Segment (Y)
Product
Main Geography (Y)
UNITED STATES
Fortive Revenue by Period
Fortive Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $6.07B | 4.11% |
| 2022-12-31 | $5.83B | 10.87% |
| 2021-12-31 | $5.25B | 13.38% |
| 2020-12-31 | $4.63B | -36.69% |
| 2019-12-31 | $7.32B | 13.44% |
| 2018-12-31 | $6.45B | -3.05% |
| 2017-12-31 | $6.66B | 6.94% |
| 2016-12-31 | $6.22B | 0.74% |
| 2015-12-31 | $6.18B | -2.50% |
| 2014-12-31 | $6.34B | 6.29% |
| 2013-12-31 | $5.96B | 3.05% |
| 2012-12-31 | $5.79B | - |
Fortive generated $6.07B in revenue during NA 2023, up 4.11% compared to the previous quarter, and up 94.00% compared to the same period a year ago.
Fortive Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-28 | $1.55B | 1.83% |
| 2024-03-29 | $1.52B | 60.90% |
| 2023-12-31 | $947.50M | -36.60% |
| 2023-09-29 | $1.49B | -2.09% |
| 2023-06-30 | $1.53B | 4.50% |
| 2023-03-31 | $1.46B | -4.52% |
| 2022-12-31 | $1.53B | 5.08% |
| 2022-09-30 | $1.46B | -0.50% |
| 2022-07-01 | $1.46B | 6.31% |
| 2022-04-01 | $1.38B | 0.12% |
| 2021-12-31 | $1.37B | 5.79% |
| 2021-10-01 | $1.30B | -1.53% |
| 2021-07-02 | $1.32B | 4.80% |
| 2021-04-02 | $1.26B | -4.96% |
| 2020-12-31 | $1.32B | -30.35% |
| 2020-09-25 | $1.90B | 21.07% |
| 2020-06-26 | $1.57B | -8.30% |
| 2020-03-27 | $1.71B | -14.43% |
| 2019-12-31 | $2.00B | 7.66% |
| 2019-09-27 | $1.86B | -0.25% |
| 2019-06-28 | $1.86B | 17.06% |
| 2019-03-29 | $1.59B | -9.37% |
| 2018-12-31 | $1.76B | -4.49% |
| 2018-09-28 | $1.84B | -0.86% |
| 2018-06-29 | $1.86B | 6.62% |
| 2018-03-30 | $1.74B | -3.65% |
| 2017-12-31 | $1.81B | 7.20% |
| 2017-09-29 | $1.69B | 3.47% |
| 2017-06-30 | $1.63B | 6.10% |
| 2017-03-31 | $1.54B | -5.65% |
| 2016-12-31 | $1.63B | 3.81% |
| 2016-09-30 | $1.57B | 0.79% |
| 2016-07-01 | $1.56B | 5.45% |
| 2016-04-01 | $1.47B | -5.55% |
| 2015-12-31 | $1.56B | 2.41% |
| 2015-09-30 | $1.52B | -2.58% |
| 2015-06-30 | $1.56B | 3.40% |
| 2015-03-31 | $1.51B | -10.31% |
| 2014-12-31 | $1.69B | - |
Fortive generated $1.55B in revenue during Q2 2024, up 1.83% compared to the previous quarter, and up 106.28% compared to the same period a year ago.
Fortive Revenue Breakdown
Fortive Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Product | $5.14B | $4.92B | $4.50B | $3.96B | $6.40B |
| Service | $927.60M | $905.60M | $758.60M | $677.70M | $923.10M |
| Industrial Automation, Controls and Sensors | - | - | - | - | $484.10M |
| Medical Technologies | - | - | - | - | $934.20M |
| All Other Products and Services | - | - | - | - | $249.10M |
| Franchise Distribution | - | - | - | - | $637.90M |
| Professional Tools and Equipment | - | - | - | - | $5.01B |
Fortive's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (84.71%), and Service (15.29%).
Quarterly Revenue by Product
| Product/Service | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Advanced Healthcare Solutions | $323.60M | $299.80M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Intelligent Operating Solutions | $677.00M | $665.70M | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Service | - | - | $232.30M | $235.60M | $235.60M | $224.10M | $219.60M | $228.30M | $233.90M | $223.80M | $199.00M | $193.90M | $183.70M | $182.00M | $17.50M | $231.00M | $203.50M | $225.70M | $258.20M | $235.40M |
| Product | - | - | $1.35B | $1.26B | $1.29B | $1.24B | $1.31B | $1.23B | $1.23B | $1.15B | $1.18B | $1.11B | $1.14B | $1.08B | $-570.10M | $1.67B | $1.37B | $1.49B | $1.74B | $1.62B |
| Professional Tools and Equipment | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.26B | $1.00B | $1.11B | $1.37B | $1.24B |
| All Other Products and Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $59.90M | $55.80M | $56.20M | $67.50M | $66.70M |
| Franchise Distribution | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $168.10M | $119.70M | $160.40M | $151.90M | $162.80M |
| Industrial Automation, Controls and Sensors | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $110.70M | $107.40M | $109.60M | $120.50M | $116.30M |
| Medical Technologies | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $308.10M | $284.40M | $280.00M | $295.80M | $274.10M |
Fortive's latest quarterly revenue breakdown by segment (product or service), as of Jun 24: Intelligent Operating Solutions (67.66%), and Advanced Healthcare Solutions (32.34%).
Fortive Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| UNITED STATES | $3.29B | $3.14B | $2.68B | $2.44B | $4.21B |
| CHINA | $694.90M | $702.10M | $650.70M | $534.10M | $592.00M |
| Countries Excluding United States and China | $2.08B | $1.99B | $1.92B | $1.66B | $2.52B |
Fortive's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (54.22%), Countries Excluding United States and China (34.33%), and CHINA (11.46%).
Quarterly Revenue by Country
| Country | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jul 22 | Apr 22 | Dec 21 | Oct 21 | Jul 21 | Apr 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Countries Excluding United States and China | $547.00M | $558.30M | $555.80M | $498.70M | $519.70M | $507.80M | $523.00M | $471.00M | $501.60M | $491.20M | $501.30M | $461.00M | $484.60M | $474.10M | $-32.50M | $612.20M | $517.80M | $566.20M | $704.10M | $629.40M |
| CHINA | $165.10M | $176.30M | $172.50M | $162.10M | $178.90M | $181.40M | $188.00M | $186.00M | $182.70M | $145.40M | $168.10M | $154.80M | $163.50M | $164.30M | $102.00M | $159.20M | $145.40M | $127.50M | $145.70M | $142.00M |
| UNITED STATES | $840.30M | $789.90M | $855.40M | $833.70M | $827.80M | $771.50M | $818.90M | $799.00M | $779.00M | $739.90M | $706.90M | $683.70M | $671.60M | $620.80M | $-622.10M | $1.13B | $908.00M | $1.02B | $1.15B | $1.09B |
Fortive's latest quarterly revenue breakdown by geography, as of Jun 24: UNITED STATES (54.13%), Countries Excluding United States and China (35.24%), and CHINA (10.64%).
Fortive Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| FTV | Fortive | $6.07B | $1.55B |
| TDY | Teledyne | $5.64B | $1.35B |
| ST | Sensata Technologies | $4.05B | $1.04T |
| TRMB | Trimble | $3.80B | $953.30M |
| MKSI | MKS Instruments | $3.62B | $887.00M |
| ITRI | Itron | $2.17B | $609.07M |
| ESE | ESCO | $956.03M | $260.78M |
| NOVT | Novanta | $881.66M | $235.86M |
| BMI | Badger Meter | $703.59M | $216.66M |
| COHR | Coherent | $402.00M | $1.21T |
| VPG | Vishay Precision Group | $355.05M | $77.36M |
| MLAB | Mesa Laboratories | - | $58.17M |
FTV Revenue FAQ
What is Fortive’s yearly revenue?
Fortive's yearly revenue for 2023 was $6.07B, representing an increase of 4.11% compared to 2022. The company's yearly revenue for 2022 was $5.83B, representing an increase of 10.87% compared to 2021. FTV's yearly revenue for 2021 was $5.25B, representing an increase of 13.38% compared to 2020.
What is Fortive’s quarterly revenue?
Fortive's quarterly revenue for Q2 2024 was $1.55B, a 1.83% increase from the previous quarter (Q1 2024), and a 1.70% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.52B, a 60.90% increase from the previous quarter (Q4 2023), and a 4.37% increase year-over-year (Q1 2023). FTV's quarterly revenue for Q4 2023 was $947.5M, a -36.60% decrease from the previous quarter (Q3 2023), and a -38.07% decrease year-over-year (Q4 2022).
What is Fortive’s revenue growth rate?
Fortive's revenue growth rate for the last 3 years (2021-2023) was 15.43%, and for the last 5 years (2019-2023) was -17.14%.
What are Fortive’s revenue streams?
Fortive's revenue streams in c 23 are Product, and Service. Product generated $5.14B in revenue, accounting 84.71% of the company's total revenue, up 4.42% year-over-year. Service generated $927.6M in revenue, accounting 15.29% of the company's total revenue, up 2.43% year-over-year.
What is Fortive’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Fortive was Product. This segment made a revenue of $5.14B, representing 84.71% of the company's total revenue.