FTV Fortive

FY2025 10-K
Filed: Feb 25, 2026
Health Care
Industrial Instruments For Measurement, Display, and ControlSEC EDGAR

Fortive (FTV) filed its fiscal year 2025 10-K annual report with the SEC on Feb 25, 2026. This page provides AI-powered analysis of the filing, including business overview, management discussion, risk factors, and key financial metrics from XBRL data.

AI Filing Analysis
FY2025 10-K

Business Overview

  • Spun off Precision Technologies segment as Ralliant Corporation on June 28, 2025, tax-free spin-off, narrowing Fortive to two segments: Intelligent Operating Solutions and Advanced Healthcare Solutions
  • Core model: design, develop, manufacture, and market instrumentation, software, and services for industrial safety/productivity and healthcare workflow optimization
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Management Discussion & Analysis

  • Revenue $4.16B, up 1.9% YoY; core revenue growth 1.7%, driven by 2.2% pricing offset by 0.6% volume decline
  • Operating margin 17.3% vs 17.6% in 2024; gross margin 63.5% vs 64.2%; -100bps from Separation-related stock comp, -55bps restructuring
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Risk Factors

  • IEEPA Ruling by Supreme Court invalidates prior tariffs; uncertainty over reimposition affects ~44% of sales derived outside the US
  • Long-term debt ~$3.2B as of Dec 31, 2025; covenant includes debt-to-EBITDA ratio with acceleration risk on default
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Financial Summary
XBRL

Revenue

$4.2B

Net Income

$579M

Gross Margin

63.5%

Operating Margin

17.3%

Net Margin

13.9%

ROE

9.0%

Total Assets

$11.7B

EPS (Diluted)

$1.73

Operating Cash Flow

$1.1B

Source: XBRL data from Fortive FY2025 10-K filing on SEC EDGAR. All figures in USD.

Other Fortive Annual Reports

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