Strong Operational Execution
Fortive delivered strong operational execution in Q1 2025, achieving adjusted earnings per share of $0.85, in line with expectations, and expanding both adjusted gross and operating margins.
Share Repurchases and Cash Flow
Better-than-expected cash flow generation was driven by disciplined working capital management. The company repurchased 2.5 million shares, reflecting a commitment to value-enhancing capital deployment.
Resilient New Fortive Growth
Core revenue for New Fortive grew 2.2%, with Intelligent Operating Solutions and Advanced Healthcare Solutions segments showing stable performance despite challenges.
Software and Services Growth
Intelligent Operating Solutions segment saw adjusted operating margins expand by 150 basis points, driven by accretive software growth and the benefits of productivity actions.
Mitigation of Tariff Impacts
Since 2018, Fortive has reduced exposure to imports from China by 70% and is deploying countermeasures to fully offset estimated tariff exposure by Q4 2025.