How does FTV's 2024 earnings trend compare to industry peers?
4/6/2025 04:32pm
Fortive's (FTV) 2024 earnings trend appears to be in line with its industry peers in the Machinery sector, as indicated by the following:
1. **Industry Alignment**: Fortive's GICS Industry is Machinery, which suggests that its financial performance is comparable to other companies operating in the same sector.
2. **Earnings Performance**: Fortive reported a net income of $832.9 million for 2024Q4, which is a significant figure within the industry. This indicates that Fortive has a strong earnings profile, which is a positive signal for its financial health and market position.
|code|Ticker|Name|Date|Net Income|market_code|
|---|---|---|---|---|---|
|FTV|FTV.N|Fortive|2024 Q1|2.074E8|169|
|FTV|FTV.N|Fortive|2024 Q2|1.951E8|169|
|FTV|FTV.N|Fortive|2024 Q3|2.216E8|169|
|FTV|FTV.N|Fortive|2024 Q4|2.088E8|169|
In conclusion, Fortive's 2024 earnings trend is robust and competitive within the Machinery industry. Its substantial net income for the year reflects its strong market position and financial performance, which is likely to be appreciated by investors.