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Fortive Corp
Previous close
$76.75
Day range
$74.78 - $75.99
Year range
$66.15 - $87.10
Market cap
26.12B USD
Avg Volume
2.37M
P/E ratio
29.99
Dividend yield
0.43%
Primary exchange
NYSE
Market news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 1.53B | 2.68% |
Operating expense | 623.90M | 3.66% |
Net income | 221.60M | 1.65% |
Net profit margin | 14.44 | -1.03% |
Earnings per share | 0.97 | 14.12% |
EBITDA | 433.20M | 6.73% |
Effective tax rate | 4.57% | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 811.30M | 13.61% |
Total assets | 17.45B | 11.42% |
Total liabilities | 6.89B | 23.50% |
Total equity | 10.56B | — |
Shares outstanding | 346.95M | — |
Price to book | 2.52 | — |
Return on assets | 4.28% | — |
Return on capital | 5.12% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 221.60M | 1.65% |
Cash from operations | 459.00M | 11.57% |
Cash from investing | -17.60M | 78.87% |
Cash from financing | -281.60M | 13.33% |
Net change in cash | 167.20M | 12,761.54% |
Free cash flow | 380.95M | 2.60% |
About
Fortive Corporation is an American industrial technology conglomerate company headquartered in Everett, Washington. The company specializes in providing essential technologies for connected workflow solutions; designing, developing, manufacturing and distributing professional and engineered products, software and services. Their products and services are split into three strategic segments; Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. As of December 2022, Fortive has over 18,000 employees in 60 countries worldwide.
Fortive was spun off from Danaher in July 2016. Brothers Steven and Mitchell Rales, Danaher's founders, retained board seats with Fortive after the separation. At the point of its independent incorporation, Fortive immediately became a component of the S&P 500. Later the transportation, automation and franchise distribution businesses would be spun off. In 2018 and 2019, Fortune named Fortive as a Future 50 company. In 2020, Fortune named Fortive one of the world's most admired companies. Wikipedia
CEO
Founded
2016
Headquarters
Website
Employees
18,000