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FTV US​

Fortive Corp(FTV US)

$60.25+0.200.33%Ext:$61.80+1.552.58%(Market Closed · 23:56:19 UTC)

Overview

ProfileEntity Structure

Documents

SEC Filings

Financials & Metrics

FinancialsChartingShort InterestEmployees

Fortive Corp — Company Profile

Fortive Corporation is a global industrial technology company that specializes in the conception, development, manufacturing, marketing, and servicing of sophisticated professional and engineered products, as well as software platforms and associated services. Its Intelligent Operating Solutions division aims to boost efficiency and safety in operations. This segment delivers a variety of offerings, including advanced tools for ensuring equipment reliability, comprehensive enterprise software for managing environmental, health, safety, and quality (EHSQ) compliance, and specialized software for the entire lifecycle of facilities and assets. It also provides solutions for pre-construction planning and procurement, robust professional testing instruments, precise calibration tools for electrical, pressure, and temperature measurements, and portable devices for gas detection. These products and services cater to diverse industries such as manufacturing, process industries, healthcare, utilities and power generation, communications, and electronics. Key brands within this segment include ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL. The company's Precision Technologies segment focuses on delivering critical measurement and control solutions. Its portfolio encompasses electrical testing and measurement instruments and related services, high-performance energetic material devices, and advanced sensor and control system solutions. These technologies are crucial for demanding sectors like power and energy management, medical equipment manufacturing, food and beverage production, aerospace and defense, off-highway vehicles, electronics, semiconductor fabrication, and various other industrial applications. This segment markets its offerings under brands such as ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX. Fortive's Advanced Healthcare Solutions division provides a comprehensive suite of hardware, software, and services specifically designed for the healthcare sector. This includes solutions for reprocessing and tracking medical instruments and devices, specialized biomedical testing tools, systems for radiation safety monitoring, and asset management services. Additionally, it offers subscription-based surgical inventory management platforms that optimize inventory and ensure regulatory adherence, alongside expert technical, analytical, and compliance services focused on determining radiation exposure. Brands in this segment include ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD. Established in 2015, Fortive Corporation maintains its corporate headquarters in Everett, Washington.

Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
Exchange
UN
CEO
Olumide O. Soroye
Headquarters
Everett, WA, US
IPO Date
Jul 5, 2016
Employees
10,000
Website
www.fortive.com

Key Metrics

Price
$57.28
Market Cap
$17.30B
Revenue (TTM)
$1.07B
Net Income (TTM)
$136.40M
EPS (TTM)
0.44
P/E (TTM)
31.82
P/B (TTM)
2.84
Dividend Yield
44.27%
ROE (TTM)
2.24%
ROA (TTM)
1.18%
Operating Margin
17.93%
Beta
0.64

Dividends

Last Dividend
$0.06
Last Yield
0.44%

Summary

Fortive Corporation is a global industrial technology company that specializes in the conception, development, manufacturing, marketing, and servicing of sophisticated professional and engineered products, as well as software platforms and associated services. Its Intelligent Operating Solutions division aims to boost efficiency and safety in operations. This segment delivers a variety of offerings, including advanced tools for ensuring equipment reliability, comprehensive enterprise software for managing environmental, health, safety, and quality (EHSQ) compliance, and specialized software for the entire lifecycle of facilities and assets. It also provides solutions for pre-construction planning and procurement, robust professional testing instruments, precise calibration tools for electrical, pressure, and temperature measurements, and portable devices for gas detection. These products and services cater to diverse industries such as manufacturing, process industries, healthcare, utilities and power generation, communications, and electronics. Key brands within this segment include ACCRUENT, FLUKE, GORDIAN, INDUSTRIAL SCIENTIFIC, INTELEX, PRUFTECHNIK, and SERVICECHANNEL. The company's Precision Technologies segment focuses on delivering critical measurement and control solutions. Its portfolio encompasses electrical testing and measurement instruments and related services, high-performance energetic material devices, and advanced sensor and control system solutions. These technologies are crucial for demanding sectors like power and energy management, medical equipment manufacturing, food and beverage production, aerospace and defense, off-highway vehicles, electronics, semiconductor fabrication, and various other industrial applications. This segment markets its offerings under brands such as ANDERSON-NEGELE, GEMS, SETRA, HENGSTLER-DYNAPAR, QUALITROL, PACIFIC SCIENTIFIC, KEITHLEY, and TEKTRONIX. Fortive's Advanced Healthcare Solutions division provides a comprehensive suite of hardware, software, and services specifically designed for the healthcare sector. This includes solutions for reprocessing and tracking medical instruments and devices, specialized biomedical testing tools, systems for radiation safety monitoring, and asset management services. Additionally, it offers subscription-based surgical inventory management platforms that optimize inventory and ensure regulatory adherence, alongside expert technical, analytical, and compliance services focused on determining radiation exposure. Brands in this segment include ASP, CENSIS, CENSITRAC, EVOTECH, FLUKE BIOMEDICAL, INVETECH, LANDAUER, RAYSAFE, and STERRAD. Established in 2015, Fortive Corporation maintains its corporate headquarters in Everett, Washington.

Website
www.fortive.com
Location
Everett, WA, US
Phone425 446 5000
Employees10,000
CEOOlumide O. Soroye
Sector
Information Technology
Industry
Electronic Equipment, Instruments & Components
IPO DateJul 5, 2016

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Latest Documents

SEC Filings(1.4K)

Expand
  • 4Statement of changes in beneficial ownership28 Sep
  • 4Statement of changes in beneficial ownership28 Sep
  • 4Statement of changes in beneficial ownership28 Sep
  • 4Statement of changes in beneficial ownership28 Sep
  • 4Statement of changes in beneficial ownership28 Sep
  • 4Statement of changes in beneficial ownership28 Sep
  • 3Initial statement of beneficial ownership10 Sep
  • 8-KDeparture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers10 Sep
  • 4Statement of changes in beneficial ownership11 Aug
  • 144Underwood Peter C10 Aug
  • 4Statement of changes in beneficial ownership4 Aug
  • 10-QQ2ended 3 Jul 202629 Jul
  • 8-KResults of Operations and Financial Condition29 Jul
  • S-3ASRAutomatic shelf registration statement (S-3)20 Jul
  • 4Statement of changes in beneficial ownership7 Jul
  • 4Statement of changes in beneficial ownership7 Jul
  • 4Statement of changes in beneficial ownership7 Jul
  • 4Statement of changes in beneficial ownership7 Jul
  • 4Statement of changes in beneficial ownership7 Jul
  • 4Statement of changes in beneficial ownership7 Jul

News

  • Fortive To Present at Baird 2026 Global Industrial Conference22 Oct
  • Fluke Enables Faster Fibre Inspection in High-Density Data Centres Without Disrupting Network Operations22 Oct
  • Accruent Survey: Nearly 6 in 10 Say Campus Repair Backlogs or Disruptions Could Affect if They Attend or Recommend a College20 Oct
  • 47,411 Fortive Corporation $FTV Shares Sold by Perpetual Ltd13 Oct
  • Fortive Schedules Third Quarter 2026 Earnings Conference Call30 Sep
  • Fluke Delivers Confidence with New Electrical Testing Bundles to Equip the Next Generation of Electricians28 Sep
  • Fortive Corporation (FTV) Presents at Morgan Stanley's 14th Annual Laguna Conference Transcript15 Sep
  • Fluke Expands iSee Mobile Series with New TC03A Thermal Camera and ii01 Acoustic Camera15 Sep
  • Fortive Announces Appointment of Susan Main to Its Board of Directors10 Sep
  • New Fluke Engineering Lab at Washington State University Opens to Prepare the Next Generation of Engineers3 Sep
  • Fortive To Present at Morgan Stanley 14th Annual Laguna Conference1 Sep
  • Barrow Hanley Mewhinney & Strauss LLC Acquires New Shares in Fortive Corporation $FTV24 Aug
  • Fortive Increases Regular Quarterly Dividend20 Aug
  • Fortive Raises 2026 Outlook as Core Growth and Cash Flow Accelerate4 Aug
  • Is Fortive Stock a Buy as Growth Improves but Valuation Limits Upside?4 Aug
  • Arrowstreet Capital Limited Partnership Takes $11.85 Million Position in Fortive Corporation $FTV1 Aug
  • Fortive Q2 Earnings Call Highlights29 Jul
  • Fortive Corp (FTV) Shares Fall 7.1% -- What GF Score of 76 Tells Investors29 Jul
  • Fortive Corporation (FTV) Q2 2026 Earnings Call Transcript29 Jul
  • FTV Q2 Earnings Beat on Core Growth, Guidance Raised29 Jul

Mentions in Filings

  • … tax benefit of $28 million related to the release of reserves due to audit settlements associated with uncertain tax positions on certain of the Company’s tax returns which were jointly filed with Veralto Corporation and <strong>Fortive</strong> Corporation entities prior to the respective separations of those businesses from the Company. This income tax benefit is included in earnings from discontinued operations, net of income taxes in the accompanying Consolid …
    DANAHER CORP /DE/Fortive Corp·10-Q - Quarterly report Q3·Q3 26·20 Oct
  • DANAHER CORPORATION & SUBSIDIARIES EXECUTIVE DEFERRED INCENTIVE PROGRAM C-1 APPENDIX C TRANSFER OF LIABILITIES TO <strong>FORTIVE</strong> EXECUTIVE DEFERRED INCENTIVE PROGRAM On or around July 2, 2016, certain Employers separated from the Danaher Corporation controlled group and became Fortive Corporation and its subsidiaries (“Fortive”). In anticipation of such event, the Plan liabilities and benefits related to those Participants who were to be employed by For …
    DANAHER CORP /DE/Fortive Corp·EX-10.9 - 10-Q - Quarterly report Q3·Q3 26·20 Oct
  • … acity as a senior advisor, and following his retirement from the Company in March 2024 through September 2026 he served as a consultant to the Company (upon the terms described below). He has also served as a director of <strong>Fortive</strong> Corporation since March 2021 and Veralto Corporation since September 2023. Robert M. Hershberg, M.D., Ph.D., age 63, served as President, Chief Executive Officer and Chairman of HilleVax, Inc. from March 2020 through Sep …
    DANAHER CORP /DE/Fortive Corp·8-K - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers·Q4 26·13 Oct
  • … Segment from 2021 to 2024; Formerly, President, Services and Solutions of Flowserve from 2019 to 2021 and Senior Vice President and President of TE SubCom from 2017 to 2018. Previously spent over 11 years at Danaher / <strong>Fortive</strong> Corporation (from 2006 through 2017) serving in various roles of increasing responsibility, the latest being President, Thomson Industries. Judith L. Bacchus, 64 Vice President and Chief Administrative Officer Vice Presi …
    KENNAMETAL INCFortive Corp·ARS - Annual report to security holders·FY26·14 Sep
  • #\*First Advantage Corp. 195,829 2,643,692 Flowserve Corp. 240,215 18,772,802 \*Fluor Corp. 339,092 15,662,660 <strong>Fortive</strong> Corp. 400,208 21,134,984 Fortune Brands Innovations, Inc. 215,768 11,673,049 \*Forward Air Corp. 8,341 232,547 \*Franklin Covey Co. 15,593 317,629 Franklin Electric Co., Inc. 73,025 7,274,751 \*FreightCar America, Inc. 11,678 134,414
    Dimensional ETF TrustFortive Corp·NPORT-EX - NT NPORT-P - Notification of late filing (portfolio holdings)·Q1 26·13 Aug
  • … ing Business Segment from 2021 to 2024; Formerly, President, Services and Solutions of Flowserve from 2019 to 2021 and Senior Vice President and President of TE SubCom from 2017 to 2018. Previously spent over 11 years at Danaher / <strong>Fortive</strong> Corporation (from 2006 through 2017) serving in various roles of increasing responsibility, the latest being President, Thomson Industries. Judith L. Bacchus, 64 Vice President and Chief Administrative Officer
    KENNAMETAL INCFortive Corp·10-K - Annual report FY 2026·FY26·12 Aug

Key Stats

Trading

Px/Chg 1D$57.29 / -0.32%
Avg Volume3.19M
Beta0.64
Mkt Cap17.30B
FD Mkt Cap17.93B

Float

Shrs Out/Float302.02M / 277.69M
Short Float0.05%
Days to Cover4.71
Stock Repurchased$500.20M

Current Valuation

EV20.44B
EV/EBITDA16.71
EV/Sales4.31
P/B2.84
P/S3.65
FCF Yield1.20%
ROE2.24%
ROA1.18%
Current Ratio0.71

Dividend

Cash$0.06
Yield44.27%
Yield (TTM)44.27%

Estimates

P/E31.82
Est P/EN/A
Est EPSN/A
Est PEGN/A

Valuation

Metric5Yr AvgApr '23Apr '24Apr '25Apr '26Oct '26
PRICE-BASED RATIOS
Price / Earnings60.4123.2324.7622.01105.21126.84
Price / Sales8.613.013.532.9417.4116.18
Price / Book Value2.311.812.081.803.032.84
Price / Free Cash Flow37.2214.5317.2113.0458.2383.10
ENTERPRISE VALUE METRICS
Enterprise Value21,568.820,258.723,363.221,403.622,375.920,442.3
Enterprise Value / Sales9.963.483.853.4319.9319.12
Enterprise Value / EBITDA34.7914.0914.8712.8465.9566.20
Enterprise Value / EBIT52.7520.8520.9719.0798.14104.73

Financials

Full Financials
Millions USD5Yr CAGR (%)Dec '21Dec '22Dec '23Dec '24Dec '25
INCOME STATEMENT
Revenue-53.8%5,254.75,825.76,065.36,231.85,142.6
Gross Income1%3,009.93,363.43,594.13,731.03,134.7
EBITDA51%1,176.21,437.41,571.11,666.31,200.4
EBIT2.9%780.7971.81,114.31,122.4874.4
Net Income-1.2%608.4755.2865.8832.9579.2
EPS (Diluted)1.6%1.632.092.432.361.74
BALANCE SHEET
Cash & ST Inv-17.7%819.3709.21,888.8813.3375.5
Total Assets-8.1%16,465.515,890.616,911.817,016.111,737.7
Total Liabilities-6.6%6,948.56,202.06,586.56,820.55,276.6
Total Shareholder Equity-9.2%9,512.29,683.410,318.910,188.66,453.4
CASH FLOW
Net Operating Cash Flow3%961.11,303.21,353.61,526.81,083.2
Cap Ex20.4%-50.0-95.8-107.8-120.4-105.1
Free Cash Flow1.8%911.11,207.41,245.81,406.4978.1

Enterprise Value Bridge

Millions USD23 Oct '26
Price (As of 23 Oct '26)60.44
Basic Shares302.02
Market Cap18,253.9
Diluted Shares312.80
Fully Diluted Shares Outstanding312.80
Fully Diluted Market Cap18,905.6
+Consolidated Debt3,489.1
−In-the-Money Convertible Debt—
+Capital Leases-
+Operating Leases—
−Cash & Equivalents-356.1
−Short-term Investments-
+Total Preferred-
−In-the-Money Convertible Preferred—
−Investments in Unconsolidated Subs—
+Non-Controlling Interest8.3
+Pension Liabilities—
Enterprise Value21,395.2

Segment data

Revenue

by Products and services

  • Intelligent Operating Solutions69%
  • Advanced Healthcare Solutions31%

Revenue

by Geography

  • United States54%
  • Countries Excluding United States And China35%
  • China10%

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