Fortive (FTV) Revenue & Revenue Breakdown


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Fortive Revenue Highlights


Latest Revenue (Y)

$6.07B

Latest Revenue (Q)

$1.53B

Main Segment (Y)

Product

Main Geography (Y)

UNITED STATES

Fortive Revenue by Period


Fortive Revenue by Year

DateRevenueChange
2023-12-31$6.07B4.11%
2022-12-31$5.83B10.87%
2021-12-31$5.25B13.38%
2020-12-31$4.63B-36.69%
2019-12-31$7.32B13.44%
2018-12-31$6.45B-3.05%
2017-12-31$6.66B6.94%
2016-12-31$6.22B0.74%
2015-12-31$6.18B-2.50%
2014-12-31$6.34B6.29%
2013-12-31$5.96B3.05%
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

DateRevenueChange
2024-09-27$1.53B-1.15%
2024-06-28$1.55B1.83%
2024-03-29$1.52B60.90%
2023-12-31$947.50M-36.60%
2023-09-29$1.49B-2.09%
2023-06-30$1.53B4.50%
2023-03-31$1.46B-4.52%
2022-12-31$1.53B5.08%
2022-09-30$1.46B-0.50%
2022-07-01$1.46B6.31%
2022-04-01$1.38B0.12%
2021-12-31$1.37B5.79%
2021-10-01$1.30B-1.53%
2021-07-02$1.32B4.80%
2021-04-02$1.26B-4.96%
2020-12-31$1.32B-30.35%
2020-09-25$1.90B21.07%
2020-06-26$1.57B-8.30%
2020-03-27$1.71B-14.43%
2019-12-31$2.00B7.66%
2019-09-27$1.86B-0.25%
2019-06-28$1.86B17.06%
2019-03-29$1.59B-9.37%
2018-12-31$1.76B-4.49%
2018-09-28$1.84B-0.86%
2018-06-29$1.86B6.62%
2018-03-30$1.74B-3.65%
2017-12-31$1.81B7.20%
2017-09-29$1.69B3.47%
2017-06-30$1.63B6.10%
2017-03-31$1.54B-5.65%
2016-12-31$1.63B3.81%
2016-09-30$1.57B0.79%
2016-07-01$1.56B5.45%
2016-04-01$1.47B-5.55%
2015-12-31$1.56B2.41%
2015-09-30$1.52B-2.58%
2015-06-30$1.56B3.40%
2015-03-31$1.51B-10.31%
2014-12-31$1.69B-

Fortive generated $1.53B in revenue during Q3 2024, up -1.15% compared to the previous quarter, and up 100.54% compared to the same period a year ago.

Fortive Revenue Breakdown


Fortive Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Service$927.60M$905.60M$758.60M$677.70M$923.10M
Product$5.14B$4.92B$4.50B$3.96B$6.40B
Industrial Automation, Controls and Sensors----$484.10M
All Other Products and Services----$249.10M
Professional Tools and Equipment----$5.01B
Medical Technologies----$934.20M
Franchise Distribution----$637.90M

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/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Apr 22Dec 21Oct 21Jul 21Apr 21Dec 20Sep 20Jun 20Mar 20Dec 19
Advanced Healthcare Solutions$322.50M$323.60M$299.80M-----------------
Intelligent Operating Solutions$661.20M$677.00M$665.70M-----------------
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
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
Professional Tools and Equipment----------------$1.26B$1.00B$1.11B$1.37B
All Other Products and Services----------------$59.90M$55.80M$56.20M$67.50M
Franchise Distribution----------------$168.10M$119.70M$160.40M$151.90M
Industrial Automation, Controls and Sensors----------------$110.70M$107.40M$109.60M$120.50M
Medical Technologies----------------$308.10M$284.40M$280.00M$295.80M

Fortive's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Intelligent Operating Solutions (67.22%), and Advanced Healthcare Solutions (32.78%).

Fortive Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
Countries Excluding United States and China$2.08B$1.99B$1.92B$1.66B$2.52B
UNITED STATES$3.29B$3.14B$2.68B$2.44B$4.21B
CHINA$694.90M$702.10M$650.70M$534.10M$592.00M

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

CountrySep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Apr 22Dec 21Oct 21Jul 21Apr 21Dec 20Sep 20Jun 20Mar 20Dec 19
CHINA$153.80M$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
UNITED STATES$841.90M$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
Countries Excluding United States and China$538.90M$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

Fortive's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (54.86%), Countries Excluding United States and China (35.12%), and CHINA (10.02%).

Fortive Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
FTVFortive$6.07B$1.53B
TDYTeledyne$5.64B$1.35B
STSensata Technologies$4.05B$1.04B
TRMBTrimble$3.80B$953.30M
MKSIMKS Instruments$3.62B$887.00M
ITRIItron$2.17B$615.46M
ESEESCO$956.03M$260.78M
NOVTNovanta$881.66M$235.86M
BMIBadger Meter$703.59M$208.44M
COHRCoherent$402.00M$1.21T
VPGVishay Precision Group$355.05M$77.36M
MLABMesa Laboratories-$58.17M

FTV Revenue FAQ


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.

Fortive's quarterly revenue for Q3 2024 was $1.53B, a -1.15% decrease from the previous quarter (Q2 2024), and a 2.68% increase year-over-year (Q3 2023). The company'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). FTV'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).

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%.

Fortive's revenue streams in c 23 are Service, and Product. Service generated $927.6M in revenue, accounting 15.29% of the company's total revenue, up 2.43% year-over-year. Product generated $5.14B in revenue, accounting 84.71% of the company's total revenue, up 4.42% year-over-year.

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.