Operating

Depreciation

Fortive Depreciation increased by 12.7% to $20.40M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 21.4%, from $16.80M to $20.40M. Over 4 years (FY 2021 to FY 2025), Depreciation shows relatively stable performance with a -1.6% CAGR.

Analysis

StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2014
Last reportedQ1 2026Apr 30, 2026

How to read this metric

Higher depreciation relative to capital expenditures may suggest aging assets, while lower levels relative to revenue may indicate high asset efficiency.

Detailed definition

Depreciation is a non-cash accounting charge that allocates the cost of tangible assets over their useful lives. It refl...

Peer comparison

Standardized for capital-intensive industries; peers in manufacturing typically show significant depreciation expenses.

Metric ID: operating_depreciation

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$18.20M$18.40M$18.60M$21.50M$20.40M$19.70M$21.90M$20.40M$21.70M$21.80M$0.00$23.10M$23.10M$0.00$15.90M$16.80M$30.90M$4.30M$18.10M$20.40M
QoQ Change+1.1%+1.1%+15.6%-5.1%-3.4%+11.2%-6.8%+6.4%+0.5%-100.0%+0.0%-100.0%+5.7%+83.9%-86.1%+320.9%+12.7%
YoY Change+12.1%+7.1%+17.7%-5.1%+6.4%+10.7%-100.0%+13.2%+6.5%-100.0%-27.3%+33.8%+13.8%+21.4%
Range$0.00$30.90M
CAGR+2.4%
Avg YoY Growth-6.4%
Median YoY Growth+8.9%
Current Streak2 quarters growth

Frequently Asked Questions

What is Fortive's depreciation?
Fortive (FTV) reported depreciation of $20.40M in Q1 2026.
How has Fortive's depreciation changed year-over-year?
Fortive's depreciation increased by 21.4% year-over-year, from $16.80M to $20.40M.
What is the long-term trend for Fortive's depreciation?
Over 4 years (2021 to 2025), Fortive's depreciation has grown at a -1.6% compound annual growth rate (CAGR), from $74.70M to $70.10M.
What does depreciation mean?
The systematic reduction in the recorded value of physical assets over time.