Company / R&D Expense
Fortive R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$259.2M
FY2025
5-year range
$251.3M / $401.5M
FY2021-FY2025
Trend
+3.1%
vs FY2024
Sector context
#37 of 174
Industrials
What the data says
Fortive's r&d expense of $259M is higher than 79% of companies in the Industrials sector (FY2025). R&D Expense returned to growth in FY2025 after 2 years of decline, reaching $259M.
Based on SEC 10-K filings.
$259M in FY2025 with a 5-year CAGR of -1.4%. Top quartile in the Industrials sector.
Declined from $355M to $259M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -13.6%
- 5-Year CAGR
- -1.4%
- 10-Year CAGR
- -
Sector benchmark
Top 21% in IndustrialsTop 21% of 174This company $259.2M Sector average $273.7M
▼
-5.3% below sector average
Key checks
Key Insights
- 5-year CAGR of -1.4%, indicating a declining trend.
- In FY2025, r&d expense increased 3.1% year-over-year.
- Ranks #37 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2022.
Company context
Key Data Points
- Altman Z-Score 0.99 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $259.2M | +3.1% |
| FY2024 | $251.3M | -29.2% |
| FY2023 | $354.8M | -11.6% |
| FY2022 | $401.5M | +25.4% |
| FY2021 | $320.3M | +15.2% |
| FY2020 | $278.1M | -13.2% |
| FY2019 | $320.3M | +15.2% |
| FY2018 | $278.1M | -26.4% |
| FY2017 | $377.7M | -2.6% |
| FY2016 | $387.6M | +2.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026