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

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
2024-09-27	$1.53B	-1.15%
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 $1.53B 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/Service	Dec 23	Dec 22	Dec 21	Dec 20	Dec 19
Product	$5.14B	$4.92B	$4.50B	$3.96B	$6.40B
Precision Technologies	$2.13B	-	-	-	-
Intelligent Operating Solutions	$2.61B	-	-	-	-
Advanced Healthcare Solutions	$1.32B	-	-	-	-
Service	$927.60M	$905.60M	$758.60M	$677.70M	$923.10M
Industrial Automation, Controls and Sensors	-	-	-	-	$484.10M
Franchise Distribution	-	-	-	-	$637.90M
All Other Products and Services	-	-	-	-	$249.10M
Professional Tools and Equipment	-	-	-	-	$5.01B
Medical Technologies	-	-	-	-	$934.20M

Fortive's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (42.35%), Intelligent Operating Solutions (21.53%), Precision Technologies (17.58%), Advanced Healthcare Solutions (10.88%), and Service (7.65%).

Quarterly Revenue by Product

Product/Service	Sep 24	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
Advanced Healthcare Solutions	$322.50M	$323.60M	$299.80M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intelligent Operating Solutions	$661.20M	$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
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
All Other Products and Services	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$59.90M	$55.80M	$56.20M	$67.50M
Medical Technologies	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$308.10M	$284.40M	$280.00M	$295.80M
Professional Tools and Equipment	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$1.26B	$1.00B	$1.11B	$1.37B
Industrial Automation, Controls and Sensors	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$110.70M	$107.40M	$109.60M	$120.50M
Franchise Distribution	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$168.10M	$119.70M	$160.40M	$151.90M

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

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

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	Sep 24	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
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
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
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

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

Ticker	Company	Last Year Revenue	Last Quarter Revenue
FTV	Fortive	$6.07B	$1.53B
TDY	Teledyne	$5.64B	$1.35B
ST	Sensata Technologies	$4.05B	$982.83B
TRMB	Trimble	$3.80B	$953.30M
MKSI	MKS Instruments	$3.62B	$897.00M
ITRI	Itron	$2.17B	$615.46M
ESE	ESCO	$1.03B	$260.78M
BMI	Badger Meter	$703.59M	$208.44M
COHR	Coherent	$402.00M	$1.31B
VPG	Vishay Precision Group	$355.05M	$75.73M
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 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).

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, Precision Technologies, Intelligent Operating Solutions, Advanced Healthcare Solutions, and Service. Product generated $5.14B in revenue, accounting 42.35% of the company's total revenue, up 4.42% year-over-year. Precision Technologies generated $2.13B in revenue, accounting 17.58% of the company's total revenue Intelligent Operating Solutions generated $2.61B in revenue, accounting 21.53% of the company's total revenue Advanced Healthcare Solutions generated $1.32B in revenue, accounting 10.88% of the company's total revenue Service generated $927.6M in revenue, accounting 7.65% 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 42.35% of the company's total revenue.