What is Fortive's income tax?

Fortive (FTV) reported income tax of $22.2M in Q2 2026.

How has Fortive's income tax changed year-over-year?

Fortive's income tax decreased by 12.6% year-over-year, from $25.4M to $22.2M.

What is the long-term trend for Fortive's income tax?

Over 4 years (2021 to 2025), Fortive's income tax has grown at a 4.4% compound annual growth rate (CAGR), from $63.3M to $75.3M.

What does income tax mean?

Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.

Fortive FTV Income Tax

Income Tax at other companies

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$75.15M+4.4%

Emerson ElectricEMR

$175M-12.1%

SPX TechnologiesSPXC

$13M+110%

Honeywell InternationalHON

$1.58B+547%

AmetekAME

$93.62M+13.5%

Teledyne TechnologiesTDY

$69.6M+38.6%

Other financials

Income statement

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Revenue$1.1B+7.9%

Gross profit$695.3M+7.7%

Operating income$209.9M+23.6%

Net income$157.3M-5.6%

EPS (diluted)$0.51+4.1%

Balance sheet

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Cash & equivalents$392.3M-78.6%

Total debt$3.6B-27.7%

Total equity$6.1B-41.6%

Total assets$11.6B-36.3%

Cash flow

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Operating cash flow$286.2M-8.0%

CapEx$28.1M-23.4%

Free cash flow$258.1M-6.0%

Valuation

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Market cap$19.54B+12.9%

Enterprise value$22.74B+11.2%

P/E36.6×+14.1×

P/S4.5×+0.8×

Profitability

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Gross margin63.2%+0.4pp

Operating margin18.2%0.0pp

Net margin12.4%-4.3pp

FCF margin22.1%-7.9pp

Returns & leverage

See full

Return on equity6.5%-0.9pp

Debt / equity0.6×+0.1×

Current ratio1.2×+0.3×

Where this comes from

Reported directly by Fortive in its filing.

Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.

The official record: Fortive’s 10-Q, filed July 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Fortive's income tax?: Fortive (FTV) reported income tax of $22.2M in Q2 2026.
How has Fortive's income tax changed year-over-year?: Fortive's income tax decreased by 12.6% year-over-year, from $25.4M to $22.2M.
What is the long-term trend for Fortive's income tax?: Over 4 years (2021 to 2025), Fortive's income tax has grown at a 4.4% compound annual growth rate (CAGR), from $63.3M to $75.3M.
What does income tax mean?: Total income tax expense (current + deferred) recognized in the income statement, representing the company's total tax obligation on pre-tax income.