← Fortive Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | — | — | — | — | — | — | — | — | $832.9m | $579.2m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $872.3m | $1.0b | $2.9b | $669.9m | $1.5b | $573.9m | $755.2m | $865.8m | — | — | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $872.3m | $1.0b | $2.9b | $738.9m | $1.6b | $608.4m | $755.2m | $865.8m | $832.9m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | $918.3m | $725.4m | $1.5b | $614.2m | $755.2m | $865.8m | $832.9m | $532.7m | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $918.3m | $725.4m | $1.5b | $614.2m | $755.2m | $865.8m | $832.9m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | $2.0b | $13.5m | $161.1m | ($5.8m) | $0 | $0 | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | — | — | — | — | $46.5m | |
| Depreciation, Depletion and Amortization | $176.4m | $174.1m | $260.8m | $426.2m | $384.0m | $395.5m | $465.6m | $456.8m | $543.9m | $437.6m | |
| Amortization | $85.7m | $65.3m | $135.1m | $292.9m | $309.9m | $320.8m | $382.1m | $370.4m | $453.3m | $367.5m | |
| Amortization of Intangible Assets | $86.0m | $65.0m | $135.0m | $293.0m | $310.0m | $321.0m | $382.0m | $370.0m | $453.0m | $368.0m | |
| Depreciation | $90.7m | $108.8m | $125.7m | $133.3m | $74.1m | $74.7m | $83.5m | $86.4m | $90.6m | $70.1m | |
| Share-based Payment Arrangement, Noncash Expense | $45.3m | $48.6m | $50.8m | $61.4m | $62.6m | $77.4m | $93.8m | $113.3m | $109.2m | $116.8m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | $15.0m | $17.0m | $15.0m | $16.0m | $17.0m | — | — | — | — | |
| Share-based Payment Arrangement, Expense | $45.3m | $48.6m | $50.8m | $61.4m | $62.6m | $77.4m | $93.8m | $113.3m | $109.2m | $116.8m | |
| Equity Securities without Readily Determinable Fair Value, Impairment Loss, Annual Amount | — | — | — | — | — | — | $8.1m | — | — | — | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | — | — | — | — | — | — | $0 | |
| Impairment of Intangible Assets, Indefinite-lived (Excluding Goodwill) | $4.8m | $2.3m | $1.1m | $0 | $0 | — | — | — | — | — | |
| Gain (Loss) on Disposition of Business | — | — | — | $40.8m | $0 | $0 | — | — | ($25.6m) | — | |
| Gain (Loss) on Disposition of Property Plant Equipment | ($129.6m) | ($136.1m) | ($112.3m) | ($112.5m) | ($75.7m) | ($50.0m) | ($95.8m) | ($107.8m) | $63.1m | ($105.1m) | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | — | — | ($104.9m) | $0 | $0 | — | — | |
| Income (Loss) from Equity Method Investments | — | — | — | — | — | — | $17.3m | $17.3m | ($39.4m) | $0 | |
| Income Tax Expense (Benefit) | $324.7m | $239.7m | $160.1m | $149.1m | $55.5m | $63.3m | $118.3m | $125.0m | $136.7m | $69.5m | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $152.8m | $120.5m | |
| Other Nonoperating Income (Expense) | — | — | ($3.0m) | ($6.2m) | ($2.4m) | ($14.1m) | ($15.6m) | ($19.4m) | ($58.6m) | $2.5m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Increase (Decrease) in Accounts Receivable | ($24.8m) | $65.4m | $105.9m | $166.9m | ($82.4m) | $84.1m | $52.1m | ($9.8m) | $4.5m | ($8.7m) | |
| Increase (Decrease) in Inventories | $28.7m | ($14.3m) | $73.4m | ($118.8m) | $7.3m | $53.6m | $40.3m | $1.7m | ($8.8m) | $20.0m | |
| Increase (Decrease) in Accounts Payable | $17.2m | $24.9m | $76.2m | $53.7m | $18.1m | $73.4m | $81.3m | ($16.8m) | $74.3m | $12.4m | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | $0 | — | — | — | — | — | — | — | — | — | |
| Equity Securities, FV-NI, Gain (Loss) | — | — | — | — | — | $57.0m | — | — | — | — | |
| Equity Securities, FV-NI, Unrealized Gain (Loss) | — | — | — | — | $1.1b | $0 | $0 | $0 | — | — | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | — | — | — | — | — | ($18.2m) | ($18.2m) | ($13.2m) | ($5.1m) | |
| Gain (Loss) on Sale of Properties | — | $8.0m | $0 | $0 | $5.3m | $0 | $0 | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | $29.9m | $0 | $0 | — | — | |
| Goodwill | $4.0b | $5.1b | $6.1b | $8.4b | $7.4b | $9.2b | $9.0b | $9.1b | $10.2b | $7.3b | |
| Operating Expenses | — | — | — | — | — | — | — | — | ($2.6b) | ($1.9b) | |
| Proceeds from Stock Options Exercised | — | — | $39.3m | $40.0m | $46.7m | $52.4m | $17.6m | $51.5m | $96.9m | $72.3m | |
| Net Cash Provided by (Used in) Operating Activities | $1.1b | $1.2b | $1.3b | $1.3b | $1.4b | $961.1m | $1.3b | $1.4b | $1.5b | $1.1b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $129.6m | $136.1m | $112.3m | $112.5m | $75.7m | $50.0m | $95.8m | $107.8m | $120.4m | $105.1m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $190.1m | $1.6b | $2.8b | $3.9b | $40.4m | $2.6b | $12.8m | $95.8m | $1.7b | $25.7m | |
| Payments for (Proceeds from) Other Investing Activities | ($8.9m) | ($1.5m) | $42.1m | ($1.8m) | $0 | — | $3.5m | ($800k) | $1.0m | ($11.2m) | |
| Net Cash Provided by (Used in) Investing Activities | ($310.8m) | ($1.7b) | ($2.0b) | ($4.1b) | ($148.4m) | ($2.6b) | ($102.5m) | ($195.4m) | ($1.8b) | ($135.4m) | |
| Cash flows from financing activities: | |||||||||||
| Payments for Repurchase of Common Stock | — | — | — | — | — | — | $442.9m | $272.9m | $889.6m | $1.6b | |
| Payments of Ordinary Dividends, Common Stock | $48.4m | $97.2m | $96.6m | $93.8m | $94.4m | $97.7m | $99.5m | $102.0m | $111.2m | $92.2m | |
| Proceeds from (Payments for) Other Financing Activities | $300k | $13.4m | $39.3m | $13.0m | $20.7m | $30.6m | ($6.7m) | $18.0m | $71.1m | $40.8m | |
| Net Cash Provided by (Used in) Financing Activities | $3.8m | $599.7m | $879.1m | $2.8b | ($696.1m) | $652.0m | ($1.3b) | $32.3m | ($792.7m) | ($1.4b) | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | ($26.7m) | $52.5m | ($40.6m) | $7.1m | $27.4m | ($3.0m) | ($37.8m) | ($10.9m) | ($13.6m) | $1.0m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($26.7m) | $52.5m | ($40.6m) | $26.8m | $619.6m | ($1.0b) | ($110.1m) | $1.2b | ($1.1b) | ($437.8m) | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $1.2b | $1.8b | $819.3m | $709.2m | $1.9b | $813.3m | $375.5m | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | $100.0m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.