Intuit Inc. or Fortive Corporation: Who Leads in Yearly Revenue?

Intuit's Revenue Triumph Over Fortive: A Decade in Review

__timestampFortive CorporationIntuit Inc.
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Tuesday, January 1, 201973200000006784000000
Wednesday, January 1, 202046344000007679000000
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Unleashing the power of data

Intuit Inc. vs. Fortive Corporation: A Revenue Showdown

In the ever-evolving landscape of corporate finance, Intuit Inc. and Fortive Corporation have emerged as formidable contenders. Over the past decade, Intuit has consistently outpaced Fortive in revenue growth. From 2014 to 2023, Intuit's revenue surged by approximately 218%, reaching a peak of $14.37 billion in 2023. In contrast, Fortive's revenue saw a modest increase of around 4% over the same period, peaking at $7.32 billion in 2019.

A Decade of Growth

Intuit's impressive growth trajectory is evident, especially from 2020 onwards, where it experienced a remarkable 87% increase in revenue. Meanwhile, Fortive faced a dip in 2020, with revenues dropping to $4.63 billion, before recovering slightly in subsequent years.

The Future Outlook

As we look to 2024, Intuit's projected revenue of $16.29 billion underscores its dominant position, while Fortive's data remains elusive, hinting at potential challenges ahead.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025