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Discontinued — last reported Q3 '24

Business Segments · Total Operating Profit

Precision Technologies — Total Operating Profit

Fortive Precision Technologies — Total Operating Profit increased by 5.8% to $122M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 13.4%, from $140.9M to $122M. This is a positive signal — higher values indicate stronger performance for this metric.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityModerate
First reportedQ1 2023
Last reportedQ3 2024Oct 30, 2024
Rolls up toOperating Income

How to read this metric

An increase indicates improved margins or higher sales volume, while a decrease suggests rising costs or competitive pressure.

Detailed definition

Represents the profit generated by the Precision Technologies segment after deducting operating expenses from total sale...

Peer comparison

Universal metric for segment performance evaluation across all public companies.

Metric ID: ftv_segment_precision_technologies_total_operating_profit

Historical Data

6 periods
 Q1 '23Q2 '23Q3 '23Q1 '24Q2 '24Q3 '24
Value$123.6M$136.8M$140.9M$149.1M$115.3M$122M
QoQ Change+10.7%+3.0%+5.8%-22.7%+5.8%
YoY Change+20.6%-15.7%-13.4%
Range$115.3M$149.1M
CAGR-1.0%
Avg YoY Growth-2.8%
Median YoY Growth-13.4%

Frequently Asked Questions

What is Fortive's precision technologies — total operating profit?
Fortive (FTV) reported precision technologies — total operating profit of $122M in Q3 2024.
How has Fortive's precision technologies — total operating profit changed year-over-year?
Fortive's precision technologies — total operating profit decreased by 13.4% year-over-year, from $140.9M to $122M.
What does precision technologies — total operating profit mean?
The profit earned by the segment from its core business operations.