Fortive — Feb 7, 2025 release

ee cash flow of $465 million, up 13% year-over-year • Introducing 2025 outlook; GAAP diluted EPS of $2.38 to $2.50, year-over-year increase of 1% to 6%; adjusted diluted EPS of $4.00 to $4.12, year-over-year increase of 3% to 6% • Separation of PT segment progressing well, expect to close early Q3’25 EVERETT, WA, February 7, 2025 - Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the fourth quarter and full year 2024. For the fourth quarter, net earnings were $209 million. For the same period, adjusted net earnings were $406 million. Diluted net earnings per share for the fourth quarter were $0.60. For the same period, adjusted diluted net earnings per share were $1.17. For the fourth quarter, revenues increased 2% year-over-year to $1.62 billion, which included 2% core revenue growth. For the full year, net earnings were $833 million. For the same period, adjusted net earnings were $1.37 billion. Diluted net earnings per share for the full year were $2.36. For the same period, adjusted diluted net earnings per share were $3.89. For the full year, revenues increased 3% year-over-year to $6.23 billion, which included 1% core revenue growth. James A. Lico, President and Chief Executive Officer, stated, “Our fourth quarter results once again demonstrated strong execution despite the mixed macro environment, leading to better-than-expected core growth, earnings, and free cash