Fortive Corporation
Fortive Reports Strong 2024 Results and 2025 Outlook
Summary
Fortive Corporation reported its financial results for Q4 and full year 2024, showing robust margin expansion and record cash flow. The company reported Q4 GAAP diluted EPS of $0.60 and adjusted diluted EPS of $1.17, up 19% year-over-year. Free cash flow for Q4 was $465 million, up 13% year-over-year. Fortive also introduced its 2025 outlook, with GAAP diluted EPS expected between $2.38 and $2.50 and adjusted diluted EPS between $4.00 and $4.12. The separation of its PT segment is progressing well and is expected to close early Q3 2025.
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About Fortive Corporation
Fortive Corporation is a diversified industrial technology company that designs, develops, and markets essential products and software services. Operating across various sectors, its core function is to provide solutions that improve the efficiency, productivity, and quality of key processes in business and industry. Fortive's offerings are particularly vital in fields like transportation, healthcare, and water quality, reflecting its impact on critical infrastructure and safety systems. The company's diverse portfolio includes advanced sensing technologies, software tools for intelligent operating systems, and precision instrumentation. Fortive plays a significant role in the industrial market with its focus on solving complex challenges and achieving sustainable outcomes. Established as a spin-off from Danaher Corporation in 2016, Fortive continues to pursue strategic growth through innovation and acquisitions, consolidating its position as a leader in delivering essential technology-driven solutions worldwide.
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