Fortive (FTV) Tops Q4 EPS by 5c, Offers Guidance

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Fortive Reports Strong Fourth Quarter and Full Year 2024 Results; Introduces First Quarter and Full Year 2025 Outlook

February 7, 2025 7:30 AM EST

Delivered robust margin expansion and record cash flow in 2024 Strong execution and FBS-driven innovation enabled better-than-expected Q4 operating performance, including record margins and cash flow Q4 GAAP diluted EPS of $0.60, adjusted diluted EPS of $1.17, up 19% year-over-year Q4 reported operating cash flow of $502 million and free cash flow of $465 million, up 13% year-over-year Introducing 2025 outlook; GAAP diluted EPS of $2.38 to $2.50, year-over-year increase of 1% to 6%; adjusted diluted EPS of $4.00 to $4.12, year-over-year increase of 3% to 6% Separation of PT segment progressing well, expect to close early Q325

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