• Fortive average return on assets for 2023 was 5.13, a 19.03% increase from 2022.
• Fortive average return on assets for 2022 was 4.31, a 51.19% increase from 2021.
• Fortive average return on assets for 2021 was 8.83, a 90.71% decline from 2020.

Roa - return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.