Fortive Corp (FTV)
76.05
-4.65
(-5.76%)
USD |
NYSE |
Apr 24, 16:00
76.05
0.00 (0.00%)
After-Hours: 20:00
Fortive Gross Profit Margin (Quarterly): 59.83% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 59.83% |
| September 30, 2023 | 59.75% |
| June 30, 2023 | 59.32% |
| March 31, 2023 | 58.07% |
| December 31, 2022 | 58.34% |
| September 30, 2022 | 58.06% |
| June 30, 2022 | 56.96% |
| March 31, 2022 | 57.54% |
| December 31, 2021 | 57.75% |
| September 30, 2021 | 57.32% |
| June 30, 2021 | 57.25% |
| March 31, 2021 | 56.54% |
| December 31, 2020 | 57.52% |
| September 30, 2020 | 56.18% |
| June 30, 2020 | 55.95% |
| March 31, 2020 | 55.23% |
| December 31, 2019 | 21.39% |
| September 30, 2019 | 49.88% |
| June 30, 2019 | 48.48% |
| Date | Value |
|---|---|
| March 31, 2019 | 51.02% |
| December 31, 2018 | 26.46% |
| September 30, 2018 | 51.58% |
| June 30, 2018 | 51.87% |
| March 31, 2018 | 51.35% |
| December 31, 2017 | 58.77% |
| September 30, 2017 | 49.81% |
| June 30, 2017 | 49.43% |
| March 31, 2017 | 48.46% |
| December 31, 2016 | 57.53% |
| September 30, 2016 | 49.31% |
| June 30, 2016 | 49.39% |
| March 31, 2016 | 47.14% |
| December 31, 2015 | 48.06% |
| September 30, 2015 | 49.01% |
| June 30, 2015 | 48.87% |
| March 31, 2015 | 48.28% |
| December 31, 2014 | 47.73% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
21.39%
Minimum
Dec 2019
59.83%
Maximum
Dec 2023
54.81%
Average
57.32%
Median
Sep 2021
Gross Profit Margin (Quarterly) Benchmarks
| Apple Inc | 45.88% |
| Comtech Telecommunications Corp | 32.18% |
| Harmonic Inc | 49.00% |
| Viavi Solutions Inc | 58.15% |
| BK Technologies Corp | 35.15% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 8.67% |
| Return on Assets | 5.41% |
| Return on Invested Capital | 6.59% |
| Profit Margin (Quarterly) | 16.75% |
| Operating Margin (Quarterly) | 19.63% |
| Return on Net Operating Assets | 6.05% |