Fortive (FTV)
(Delayed Data from NYSE)
$76.88 USD
-0.60 (-0.77%)
Updated May 10, 2024 04:00 PM ET
After-Market: $76.86 -0.02 (-0.03%) 7:58 PM ET
3-Hold of 5 3
D Value C Growth B Momentum C VGM
Company Summary
Headquartered in Everett, WA, Fortive Corporation is a diversified industrial growth company. It provides essential technologies for connected workflow solutions on a global basis.
Fortive was spun out of Danaher Corp. in July 2016. It made debut as an independently-traded company under the ticker FTV on Jul 5. As part of the separation from Danaher, each Danaher shareholder received a share of Fortive common stock for every two shares of Danaher stock.
The company operates through three segments: Intelligent Operating Solutions, Precision Technologies and Advanced Healthcare Solutions.
For 2023, revenues ...
Company Summary
Headquartered in Everett, WA, Fortive Corporation is a diversified industrial growth company. It provides essential technologies for connected workflow solutions on a global basis.
Fortive was spun out of Danaher Corp. in July 2016. It made debut as an independently-traded company under the ticker FTV on Jul 5. As part of the separation from Danaher, each Danaher shareholder received a share of Fortive common stock for every two shares of Danaher stock.
The company operates through three segments: Intelligent Operating Solutions, Precision Technologies and Advanced Healthcare Solutions.
For 2023, revenues were up 4.1% year over year to $ 6.065 billion.
Intelligent Operating Solutions accounted for 43.1%, Precision Technologies contributed 35.2% and Advanced Healthcare Solutions added the remaining 21.7% to total sales.
Intelligent Operating Solutions generated revenues of $2.612 billion, which increased 5.9% on a year-over-year basis. Precision Technologies generated revenues of $2.13 billion, up 4.6% year over year. Advanced Healthcare Solutions generated revenues of $1.320 billion, which decreased 0.1% on a year-over-year basis.
Fortive has manufacturing, R&D and other facilities in more than 50 countries across North America, Asia Pacific, Europe as well as Latin America.
The United States was the single largest geography in 2023, with a revenue share of 54%. China accounted for 11% revenues. The remaining each of the countries accounted for less than 5% of total sales.
General Information
Fortive Corporation
6920 SEAWAY BLVD.
EVERETT, WA 98203
Phone: 425-446-5000
Fax: NA
Email: investors@fortive.com
Industry | Electronics - Testing Equipment |
Sector | Computer and Technology |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Exp Earnings Date | 7/24/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.92 |
Current Year EPS Consensus Estimate | 3.80 |
Estimated Long-Term EPS Growth Rate | 9.00 |
Exp Earnings Date | 7/24/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 77.48 |
52 Week High | 87.10 |
52 Week Low | 63.05 |
Beta | 1.15 |
20 Day Moving Average | 2,012,547.75 |
Target Price Consensus | 87.29 |
4 Week | -6.71 |
12 Week | -8.82 |
YTD | 4.41 |
4 Week | -8.48 |
12 Week | -12.61 |
YTD | -4.64 |
Shares Outstanding (millions) | 352.03 |
Market Capitalization (millions) | 27,063.96 |
Short Ratio | NA |
Last Split Date | NA |
Dividend Yield | 0.42% |
Annual Dividend | $0.32 |
Payout Ratio | 0.09 |
Change in Payout Ratio | 0.00 |
Last Dividend Payout / Amount | 2/22/2024 / $0.08 |
Fundamental Ratios
P/E (F1) | 20.23 |
Trailing 12 Months | 21.90 |
PEG Ratio | 2.25 |
vs. Previous Year | 10.67% |
vs. Previous Quarter | -15.31% |
vs. Previous Year | 4.37% |
vs. Previous Quarter | -3.74% |
Price/Book | 2.58 |
Price/Cash Flow | 16.11 |
Price / Sales | 4.42 |
3/31/24 | 12.22 |
12/31/23 | 12.12 |
9/30/23 | 11.96 |
3/31/24 | 7.59 |
12/31/23 | 7.61 |
9/30/23 | 7.51 |
3/31/24 | 1.50 |
12/31/23 | 2.05 |
9/30/23 | 1.02 |
3/31/24 | 1.17 |
12/31/23 | 1.75 |
9/30/23 | 0.79 |
3/31/24 | 20.37 |
12/31/23 | 20.12 |
9/30/23 | 19.70 |
3/31/24 | 14.68 |
12/31/23 | 14.27 |
9/30/23 | 13.77 |
3/31/24 | 16.63 |
12/31/23 | 16.34 |
9/30/23 | 16.14 |
3/31/24 | 29.78 |
12/31/23 | 29.38 |
9/30/23 | 28.69 |
3/31/24 | 4.44 |
12/31/23 | 4.45 |
9/30/23 | 4.45 |
3/31/24 | 0.38 |
12/31/23 | 0.35 |
9/30/23 | 0.20 |
3/31/24 | 27.33 |
12/31/23 | 26.10 |
9/30/23 | 16.43 |