AI English summary of an SEC filing — figures as filed
Fortive FTVFortive said operating profit margin for Q2 was 14.6%, down 480 basis points from 19.4% in the comparable period of the prior year. The company cited Separation, acquisition, and divestiture-related costs of -270 basis points and discrete restructuring charges of -55 basis points as factors.
Key points
AI summaryFortive said operating profit margin for Q2 was 14.6%, down 480 basis points from 19.4% in the comparable period of the prior year. The company cited Separation, acquisition, and divestiture-related costs of -270 basis points and discrete restructuring charges of -55 basis points as factors.
Fortive said operating cash flow for the 6 months year-to-date was $553 million, down $13 million from the comparable period of the prior year. The company added that financing activities generated $509 million in cash and it repurchased 4.4 million shares for approximately $345 million.
Fortive said that in preparation for the June 27, 2025 Separation, Ralliant, which was then a wholly owned consolidated subsidiary, borrowed $1.15 billion in principal under USD Term Loans maturing in 2026 and 2028.
Fortive said that as of June 27, 2025, including the Ralliant Dividend received, it held approximately $1,833 million in cash and cash equivalents, of which approximately 32% was held outside the United States. The company said that as of the same date, there were no outstanding borrowings under the $2.0 billion Revolving Credit Facility.
Key figures
Quarter ended June 27, 2025
- Revenue
- $1.5B
- Operating income
- $222M
- Net income
- $167M
- EPS
- $0.49
- Gross profit
- $896M
From the XBRL financial data filed with the SEC · not processed by AI.
Summary
AI-writtenAnalysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.
Q2 operating profit margin 14.6% vs. 19.4% in the comparable period
Fortive said operating profit margin for Q2 was 14.6%, down 480 basis points from 19.4% in the comparable period of the prior year. The company cited Separation, acquisition, and divestiture-related costs of -270 basis points and discrete restructuring charges of -55 basis points as factors.
Source · Based on the MD&A text of the filing
Six-Month Operating Cash Flow $553 million, Financing Activities Generated $509 million
Fortive said operating cash flow for the 6 months year-to-date was $553 million, down $13 million from the comparable period of the prior year. The company added that financing activities generated $509 million in cash and it repurchased 4.4 million shares for approximately $345 million.
Source · Based on the MD&A text of the filing
Ralliant Borrowed $1.15 billion in Preparation for Separation
Fortive said that in preparation for the June 27, 2025 Separation, Ralliant, which was then a wholly owned consolidated subsidiary, borrowed $1.15 billion in principal under USD Term Loans maturing in 2026 and 2028.
Source · Based on the MD&A text of the filing
Cash and Cash Equivalents of Approximately $1,833 million as of June 27, 2025
Fortive said that as of June 27, 2025, including the Ralliant Dividend received, it held approximately $1,833 million in cash and cash equivalents, of which approximately 32% was held outside the United States. The company said that as of the same date, there were no outstanding borrowings under the $2.0 billion Revolving Credit Facility.
Source · Based on the MD&A text of the filing
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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