Fortive Q1 2025 Report – Net Earnings $172M, Shares Drop 6.3%

By Tamara Parker • Thursday, May 01 10:13 • Permanent Link

Fortive Corporation has released its financial results for the first quarter of 2025. The company reported a net earnings of $172 million for the quarter, with adjusted net earnings reaching $292 million. Diluted net earnings per share were $0.50, while adjusted diluted net earnings per share were $0.85.

Revenues for the first quarter decreased by 3% year-over-year to $1.47 billion, including a 2% core revenue decline. The operating profit margin was reported at 15.8%, with the adjusted operating profit margin at 25.3%, marking a 20 basis points increase year-over-year.

Looking ahead, for the second quarter of 2025, Fortive anticipates diluted net earnings per share of $0.44 to $0.49, and adjusted diluted net earnings per share of $0.85 to $0.90. For the full year 2025, the company now anticipates diluted net earnings per share of $2.23 to $2.43, and adjusted diluted net earnings per share of $3.80 to $4.00.

The company also provided an update on the pending separation of its precision technologies segment into an independent publicly traded company, to be named Ralliant. The separation is expected to be completed by the end of the second quarter of 2025.

In terms of cash flow, Fortive generated cash flow above expectations, with trailing twelve-month reported operating cash flow up 5% year-over-year.

Fortive's President and CEO, James A. Lico, stated that the first quarter results reflect the company's ability to adapt and respond to the current dynamic macroeconomic environment. He highlighted the continued core growth in the intelligent operating solutions and advanced healthcare solutions segments, supported by solid demand for the company's portfolio of safety and productivity solutions.

The company's precision technologies segment saw customers in test and measurement delay investments due to increased geopolitical and macroeconomic uncertainty, while strong demand continued for utility monitoring and defense & space solutions.

Today the company's shares have moved -6.3% to a price of $65.31. If you want to know more, read the company's complete 8-K report here.

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