Financial Performance - Fortive's Q3 2025 revenue reached $1027 million, with a reported growth of +23% and core growth of +19%[14] - Adjusted Gross Profit was $651 million, with an Adjusted Gross Margin of 633%[14] - Adjusted EBITDA grew +104% year-over-year to $309 million, resulting in an Adjusted EBITDA Margin of 301%[14] - Adjusted EPS increased by +153% year-over-year to $068[14] - Free Cash Flow was $266 million, with a Trailing Twelve Month (TTM) Free Cash Flow of $922 million and TTM FCF Conversion on Adj Net Income of 103%[14] Segment Performance - Intelligent Operating Solutions (IOS) revenue was $699 million, with core growth of +22% and an Adjusted EBITDA Margin of 346%[17] - Advanced Healthcare Solutions (AHS) revenue was $328 million, with core growth of +11% and an Adjusted EBITDA Margin of 281%[20] Capital Allocation - The company executed $1 billion of share repurchases in Q3, retiring approximately 21 million shares at an average price of ~$48 per share[9, 13, 25] - Cash and equivalents stand at $04 billion, with gross debt at $33 billion and net debt at $29 billion[23] Guidance - The company raised its FY 2025 adjusted EPS guidance to a range of $263 to $267[9, 26] Strategic Initiatives - The company is diligently executing the Fortive Accelerated strategy, focusing on faster, profitable organic growth powered by FBS Amplified[9, 11]
Fortive(FTV) - 2025 Q3 - Earnings Call Presentation