2020 ANNUAL REPORT
2020 ANNUAL REPORT
Essential technology for the people who accelerate progress.
Fortive’s essential technology makes the world stronger, safer, and smarter. We accelerate transformation across a broad range of applications including environmental, health and safety compliance, industrial condition monitoring, next-generation product design, and healthcare safety solutions.
“Our culture of continuous improvement helps us stay a step ahead of the evolving needs of our customers and our teams.”
James A. Lico President and Chief Executive Officer 56.9% ADJUSTED GROSS PROFIT MARGIN 21.0% ADJUSTED OPERATING PROFIT MARGIN
17% 17% 17% r r % r o o 22 o r o o t o o t st % 2% s 7 1% s e 5 e % % 3% e 6% 10 2% o t s % % 2 e 9 1 2 $751.9 6
2 %
0 MILLION
% 9 % % 4 % 5 4 1 % ADJUSTED NET 9 % %
3 2 FY 2020 5 EARNINGS 1 7 % n % i % TOTAL SALES 6
5
1 n
i