Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $16,052 | $16,466 | $15,891 | $16,912 | $17,016 |
Liabilities | $7,087 | $6,953 | $6,207 | $6,593 | $6,828 |
Equity | $8,964 | $9,512 | $9,683 | $10,319 | $10,189 |
Edwyn
Over the past five years, Fortive Corporation has shown a consistent growth trend in its financial position. Total assets have seen a steady increase from 2020 to 2024, reaching a peak of $17.02 billion in 2024. This indicates that the company has been able to expand its asset base, which could be attributed to strategic investments or acquisitions. On the other hand, total liabilities have also increased over the period but at a slower rate compared to assets, reflecting a manageable level of debt. Stockholders' equity has shown a notable increase, especially between 2022 and 2023, indicating strong profitability and retained earnings. The increase in stockholders' equity could suggest that Fortive Corporation has been generating healthy profits and effectively managing its resources. The decreasing trend in liabilities relative to assets indicates improving financial health and a stronger balance sheet position. These trends are positive indicators of the company's financial stability and growth potential. In the industry context, Fortive's ability to grow its equity while effectively managing its liabilities could position it well for future expansion and investment opportunities. Overall, Fortive Corporation appears to be in a solid financial position, with a healthy balance sheet and positive momentum heading into the future.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.